News
EnergyAustralia plans retail revamp after competition dents profit
1+ hour, 42+ min ago (45+ words) EnergyAustralia plans retail revamp after competition dents profit'AFR EnergyAustralia, the country's third-largest electricity and gas supplier, has embarked on a major initiative to lift the performance of its retail arm after suffering a near 86 per cent plunge in full-year operating…...
Volkswagen bids to dominate self-driving cars in fight for survival
2+ hour, 14+ min ago (90+ words) Volkswagen bids to dominate self-driving cars in fight for survival'AFR Hamburg | London | Volkswagen has set its sights on becoming the "European champion" in self-driving vehicles as carmakers fight to survive a technology race that has been dominated by US rivals…...
Motoring: The road ahead
7+ hour, 27+ min ago (106+ words) How electric vehicles are travelling, China's rise to car-making powerhouse, what's new in Formula 1 " and where all the little cars went. As China continues to gain market share and fully electric vehicles struggle to win over Australian drivers, the automotive…...
Where did all the small cars go?
13+ hour, 16+ min ago (120+ words) Where did all the small cars go?AFR The Corolla was once the best-selling vehicle in Australia. Now the top 10 list is dominated by SUVs and utes. Sizing up. An original 1959 Mini and a 2019 60th anniversary model. Australians are buying fewer…...
Uncomfortable reality of luxury EV resale value
13+ hour, 16+ min ago (70+ words) Uncomfortable reality of luxury EV resale value'AFR The thrill was instant when Rushin Patel first took delivery of his BMW iX. It might weigh more than 2.5 tonnes, but the $180,000 electric SUV can bolt from 0-100km/h in under five seconds. Between its…...
LG Energy to exit Liontown stake in $419m block trade
1+ day, 1+ hour ago (106+ words) LG Energy to exit Liontown stake in $419m block trade'AFR LG Energy, a major shareholder in Liontown, is seeking to cash out of the $5.8 billion market capitalised lithium producer after a run-up in its share price. Production at Liontown Resources" Kathleen…...
EV subsidies drive rare drop in transport emissions
1+ day, 20+ hour ago (85+ words) EV subsidies drive rare drop in transport emissions'AFR The Albanese government says it is on track to meet its 2030 climate target after a rise in the number of Australians driving electric vehicles and record levels of renewable power generation contributed…...
Chinese car makers target Ford, Toyota with fleet expansion plans
3+ day, 22+ hour ago (101+ words) From BYD to Chery, fast-growing manufacturers want to capture a lucrative market long dominated by established players supplying to governments and businesses. China's largest car makers are targeting lucrative government and commercial fleet contracts long-held by established brands like Ford…...
Rio Tinto warns of higher costs after posting $14.1b full-year profit
1+ week, 2+ hour ago (106+ words) The mining giant flagged that production expenses in the Pilbara could hit $US25 a tonne this year, driven by inflation and the use of more satellite mines. Rio Tinto chief executive Simon Trott says the company will not pursue mergers or…...
Why high-performance hybrids are the new executive status symbol
1+ week, 9+ hour ago (564+ words) Forget plug-in hybrid electric vehicles (PHEVs); let's talk about super hybrids. Chinese manufacturers have coined the term to describe a new generation of PHEVs that have larger electric ranges and more power than traditional PHEVs. It's more than just marketing…...