News
Zimbabwe bans exports of all raw minerals and lithium concentrates, cites malpractices
1+ hour, 47+ min ago (339+ words) HARARE, Feb 25 (Reuters)Zimbabwe has suspended exports of all raw minerals and lithium concentrates with immediate effect, its mines ministry said in a statement on Wednesday, after the government alleged malpractices and leakages. The ministry said the ban on exports…...
Tesla’s Europe problem keeps getting worse. Here’s why
1+ day, 5+ hour ago (469+ words) U.S. electric vehicle maker'Tesla's sales in Europe were down for a 13th consecutive month in January, while its biggest Chinese rival saw another surge. Data'published'Tuesday by industry lobby group ACEA, or the European Automobile Manufacturers Association, found that Tesla's new car registrations…...
Elon Musk wants to be a trillionaire — here’s how SpaceX may get him there
2+ week, 3+ day ago (802+ words) Elon Musk's'journey to becoming the world's first trillionaire will likely be powered by rockets rather than cars, as SpaceX now accounts for nearly two-thirds of the'Tesla'CEO's wealth. Musk became the first person ever to top the $800 billion mark this week,…...
Tesla maintains competitive showing in China-made EV sales despite industry headwinds
2+ week, 5+ day ago (650+ words) Tesla'remained a strong contender in Beijing's competitive electric vehicle scene, as the company's China-produced EV sales grew modestly in January from the year before, amid a broader industry slowdown. According to'data'published by the China Passenger Car Association on Wednesday, January…...
China tightens clean tech grip with growing EV export reach: Maguire
2+ week, 5+ day ago (720+ words) LITTLETON, Colorado (Reuters)China's unmatched status as the global leader in clean energy technologies is perhaps best underscored by the massive reach of its EV exports, which hit nearly $70 billion in 2025andspanned well over 150 countries and territories. The electric vehicle industry…...
China’s EV slowdown persists as BYD posts near two-year low in sales
2+ week, 6+ day ago (931+ words) BEIJING " Chinese electric car giant'BYD'reported a nearly two-year low in local sales in January, signalling mounting challenges for the world's largest auto market. The slump comes amid rising concerns about lackluster domestic demand in China, and overproduction of cars spilling…...
South Africa's auto sector is not seeking steep import duty hikes, BMW CEO says
3+ week, 6+ day ago (350+ words) JOHANNESBURG (Reuters)South Africa's automotive industry is not calling for steep hikes in vehicle import duties and instead wants targeted auto policy adjustments to support domestic manufacturing, BMW South Africa's CEO said on Wednesday. Peter van Binsbergen was responding to…...
Dubai-based group develops 200 MW thermal power plant in Burkina Faso
4+ week, 2+ day ago (126+ words) DAKAR, Jan 26 (Reuters)Dubai-based industrial group Mark Cables has developed a 200 MW thermal power plant project in Burkina Faso, it said on Monday. The company, which operates primarily across Africa, said in a statement it had completed the estimated 180 million…...
Ford retrenchments in South Africa tied to UK tax shift, lower volumes
4+ mon, 3+ week ago (332+ words) GQEBERHA, South Africa (Reuters)The South African arm of Ford Motorhas attributed the planned retrenchments to lower European orders for its Ranger pickup truck, driven by recent tax changes in the UK and sluggish export volumes for its plug-in hybrid…...
South Africa's energy goals depend on grid expansion
7+ mon, 2+ week ago (113+ words) The national grid is not built for renewables, and it shows We have outgrown the grid but delays and unpredictability are hurting efforts to invest in it Credible solutions to invest in the grid exist but more structural reform is…...