World News by Wild Rose

Platinum group metals (PGMs) are primarily used for catalytic converters in internal combustion engines. So as ICE vehicles are phased out in favor of battery electric vehicles, PGM miners are seeking new markets and applications for their products. On Bloomberg Chief Future Officer, CFO Sayurie Naidoo and CEO Craig Miller tell Jennifer Zabasajja how Valterra Platinum's finance and marketing teams are evaluating investments in new market development. (Source: Bloomberg)

Be warned. The global economy is likely to experience a recession next year. War across the Middle East is set to escalate, wrecking energy supplies for many years, even as the artificial intelligence (AI) bubble is ripe to burst. This, however, would also create an energy leadership opportunity for China. High energy prices already fuel demand for Chinese renewable energy products and electric vehicles. But as a leader in building coal-fired power plants, China can also offer the global market...

Credit Agricole SA is considering offloading credit risk linked to lending to European car dealerships grappling with cost pressures and the transition to electric vehicles.

Tokyo, Oct. 6 (Jiji Press)--Suzuki Motor Corp. said Tuesday that it will release its first mini electric vehicle on Nov. 16, with the minimum price set at 2.12 million yen, the lowest for a mini EV in Japan. The e Sky minicar will be even cheaper than Chinese EV giant BYD Co.'s Racco mini EV, which is priced at 2.14 million yen. With a state subsidy of 568,000 yen, the e Sky would cost as li...

A French battery maker backed by Renault SA is planning to ask creditors for more flexibility with the terms of its debt after its production ramp-up fell behind schedule, in the latest example of the challenges facing Europe’s electric vehicle manufacturing industry.

The US president said he would end a so-called 'EV mandate' that steered consumers to electric vehicles.

While adoption of EVs has risen in the passenger vehicles category, it is mainly two-wheeler and three-wheeler categories that are adopting EVs than cars

Beijing and Brussels remain “deadlocked” on trade in medical devices following discussions in Beijing this week, a source said, adding that “intensive consultations” were under way about Brussels’ plan to launch import safeguards against made-in-China plug-in hybrid electric vehicles (PHEVs). Vice-Minister of Commerce Ling Ji – China’s deputy international trade representative – held discussions with Ditte Juul Jorgensen, the European Commission’s director general for trade and economic...

Waymo plans to launch its robotaxi service in Singapore in 2028, giving the US company its first foothold in Southeast Asia. Fully electric Jaguar I-Pace vehicles were due to arrive in the city state in the coming months, ahead of preparations for a commercial launch, the company said on Friday. From 2027, trained autonomous specialists will manually drive the vehicles to help Waymo adapt its technology to Singapore’s road layouts, monsoon conditions and other local features. The service is...

[The content of this article has been produced by our advertising partner.] Hong Kong is preparing for many more electric vehicles on its roads. The city’s First Five-Year Plan, announced alongside the Policy Address, calls for the steady electrification of vehicles and safe, efficient charging networks, with around 10,000 fast chargers expected by 2035 to support about 500,000 EVs. That longer-term target follows an updated EV roadmap released in February, which calls for fast chargers to...

We have put together stories from our coverage on electric and new energy vehicles from the past two weeks to help you stay informed. If you would like to see more of our reporting, please consider subscribing. 1. Market squeeze: Tesla revives China price cuts to stem slumping deliveries Tesla China has launched discounts on its Shanghai-made cars for the first time since the end of 2024, responding to falling deliveries in the world’s largest market for electric vehicles (EVs). 2. ‘Key pillar’:...

The first “China shock” was fairly easy to understand. Beginning in the 1990s, cheap Chinese goods poured into global markets, displacing large parts of lower-end manufacturing across the world. Now, China shock 2.0 seems to be under way, with China taking the lead in electric vehicles (EVs), batteries, solar panels, semiconductors and other more technologically sophisticated industries. This is often perceived as a trade problem, with Chinese manufacturers producing too much, selling too...

Electric vehicles are the latest way to get around Kenya's game reserves - despite the lack of charging points.