News
Musk's Space X discloses filing for blockbuster IPO
2+ hour, 54+ min ago (494+ words) Space X's filing with US regulators was revealed Wednesday, laying out plans for what could become the largest initial public offering in history as Elon Musk's rocket and satellite company seeks to raise up to $75 billion on the public markets....
Stellantis joins race to build mini-EVs for Europe
1+ day, 17+ hour ago (377+ words) Stellantis, owner of the Jeep and Fiat brands, announced Tuesday that it would start building smaller, low-cost electric cars for the European market, where demand for clean-energy vehicles has fallen short of automakers" hopes. It it the latest carmaker on…...
Hanoi hits the brakes on petrol bike ban
1+ day, 20+ hour ago (795+ words) Millions of exhaust-belching motorbikes zip through Hanoi's narrow streets every day fuelling its chronic air pollution, but authorities have backtracked from an ambitious plan to ban them in favour of electric two-wheelers. Vehicular emissions account for more than half of…...
Trump to seek tangible trade wins in Xi summit
6+ day, 3+ hour ago (685+ words) US President Donald Trump will seek out trade wins as he heads into final meetings with Xi Jinping on Friday at a superpower summit overshadowed by the Chinese leader's uncharacteristically sharp warning on Taiwan. The US leader is hoping to…...
Honda suspends plans for new electric vehicle plant in Canada
6+ day, 10+ hour ago (353+ words) Japanese auto giant Honda said Thursday its plans to build a multi-billion-dollar electric vehicle plant in Canada have been "indefinitely suspended," marking another blow to the country's tariff-hit auto sector." Canada had hoped to become a global EV production powerhouse,…...
Honda posts operating loss, first since 1957
6+ day, 19+ hour ago (433+ words) Honda announced Thursday its first operational loss since 1957 after a major overhaul of its electric vehicle strategy in the United States. Japan's number two automaker after Toyota said that its operating loss last year of 414. 3 billion yen ($2. 6 billion) came after…...
Selling factories to Chinese partners: risky road for European carmakers
1+ week, 5+ day ago (854+ words) Carmaker Stellantis announced Friday it is considering selling an underutilised factory in Spain to its Chinese joint venture Leapmotor, which could save jobs in the short term but risks further strengthening Chinese automakers. This is a question all European carmakers…...
German sports car maker Porsche to cut 500 jobs
1+ week, 5+ day ago (400+ words) Porsche said Friday it will close three subsidiaries, including an EV battery developer, with the loss of more than 500 jobs, in the latest sign of strains for the German luxury auto manufacturer. The maker of the 911 sports car has seen…...
Nikovit Inc. expands clean-energy operations following industry recognition of leadership
1+ week, 6+ day ago (194+ words) As part of the company's growth, Nikovit recently signed a lease agreement for a second store in Charlotte, North Carolina, scheduled to open on May 15th, 2026, complementing its base in Statesville. As Nikovit moves through 2026, the company plans to refine its…...
There Is No North American Solar Manufacturer at This Scale. Until Now.
2+ week, 1+ day ago (312+ words) Canadian Energies is building the platform North America needs: 10 GW of domestic solar manufacturing, vertically integrated with EPC and storage, headquartered in Toronto and built for the continent. TORONTO, ON, May 1, 2026 North America has spent years talking about the energy…...