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Northvolt, Europe’s Hope for a Battery Champion, Files for Bankruptcy
The company’s woes are symptomatic of a wider malaise among companies that make batteries for electric vehicles.Tech - The New York Times - 5 hours ago -
Why Elon Musk’s Plan to Reinvent EV Batteries Was Dissed by a Chinese Battery Leader
Inside Tesla a team has been feverishly working to reinvent the power cells that make EVs work. The founder of the world’s biggest battery maker said the effort was doomed to fail.Business - Inc. - 6 days ago -
Volkswagen's Scout Motors reveals first EVs as it shifts to include plug-in hybrids
Scout, a former American brand from 1961 to 1980, was expected to exclusively offer EVs in a bid for the German automaker to expand its presence in the U.S.Business - CNBC - October 25 -
Solid-state batteries may yet catch up — but silicon anodes are winning the race to power EVs
Silicon anodes appear to be leading the way in the race to commercialize next-generation battery technologies for electric vehicles.Business - CNBC - November 5 -
Bentley Motors further delays all-EV plan amid weak demand as it embraces plug-in hybrids
Bentley said it plans to offer a new EV or plug-in hybrid electric vehicle (PHEV) each year until 2035, starting with its first all-electric vehicles in 2026.Business - CNBC - November 7 -
Bentley Motors further delays all-EV plan amid weak demand as it embraces plug-in hybrids
Bentley Motors is once again pushing back a target to exclusively offer all-electric vehicles, with plans to continue leaning into plug-in hybrid electric vehicles until at least 2035.Top stories - NBC News - November 7 -
Citigroup unveils plan to power active ETF surge in Europe
The US bank plans to capitalise on its wide range of in-house services with white-label platformWorld - Financial Times - October 24 -
Ford, facing economic headwinds and weak EV sales, to cut 4,000 jobs in Europe
Ford is cutting its workforce by 4,000 in Europe and the U.K. by the end of 2027, citing headwinds from the economy and pressure from increased competition and weaker-than-expected sales of ...World - ABC News - 20 hours ago -
Honda Motor Cuts Forecasts for Car Sales, Profit
The Japanese automaker cut its annual forecasts for car sales and net profit after posting a drop in first-half earnings due partly to weakness in its auto business in China.Business - The Wall Street Journal - November 6 -
British banks face an expensive motor finance crash
Giving dealers incentives to increase loan interest rates for car buyers could be ruinous for lendersWorld - Financial Times - November 8 -
Will new battery-powered trains replace diesel, and are they safe?
Manufacturers see lithium power as the future of rail travel in the UK - but the trains could pose unique challenges.Top stories - BBC News - November 11 -
Battery start-up Northvolt files for bankruptcy protection in US
Europe’s big hope for homegrown manufacturing has struggled with production at its factory in northern SwedenBusiness - Financial Times - 3 hours ago -
Suzuki and Gallagher lead the Canadiens to a 4-3 win over the Flyers
Nick Suzuki and Brendan Gallagher each had a goal and an assist and the Montreal Canadiens defeated the Philadelphia Flyers 4-3 on Sunday nightSports - ABC News - October 27 -
Ichiro Suzuki Headlines Baseball’s 2025 Hall of Fame Ballot
Ichiro has a chance to join Mariano Rivera as the only players elected to the Hall unanimously.Sports - The New York Times - 3 days ago -
When Eve and Eve Bit the Apple
In this essay from 2016, a writer struggles to reconcile her love for a woman with being “a good Christian girl.”Lifestyle - The New York Times - November 1 -
Hyundai Motor Net Profit Fell in Third Quarter, Missing Estimates
The South Korean carmaker said wholesale car sales fell 3.2% globally as vehicle demand remained sluggish in most major markets, while North America remained a bright spot.Business - The Wall Street Journal - October 24 -
Biden administration expands tax credit for producing solar, wind and battery components
The Biden administration is expanding a federal tax credit that seeks to incentivize domestic production of components for solar and wind energy, as well as batteries. The Treasury Department ...Politics - The Hill - October 24 -
Court of Appeal sides with UK consumers over ‘secret’ car loan commissions
Close Brothers shares plummet after landmark ruling that puts sector at risk of redressBusiness - Financial Times - October 25 -
Volvo moves to buy out Northvolt from Gothenburg battery project
Chinese-owned Swedish carmaker is reviewing options for a potential partnershipBusiness - Financial Times - October 30 -
Ford Motor to Pause F-150 Lightning Production for Several Weeks
The automaker said it would idle the assembly factory that makes the battery-powered truck from mid-November to Jan. 6.Business - The Wall Street Journal - October 31 -
UK motor finance in disarray after court rules against hidden commissions
Major providers have stopped lending or paused commissions as they race to assess implicationsWorld - Financial Times - November 6 -
Toyota Motor Cuts Sales Forecast After Quarterly Profit Halves
The Japanese auto giant cut its annual forecast for group vehicle sales after its second-quarter profit more than halved due partly to weaker sales globally.Business - The Wall Street Journal - November 6 -
Britain's car finance industry is in crisis – with banks bracing for billions in payouts
The crisis has prompted comparisons to Britain's PPI scandal, which was estimated to have cost banks more than £50 billion ($63.8 billion).Business - CNBC - November 14 -
Companies rush to US bond market as Trump rally cuts borrowing costs
Borrowers ‘strike while the iron’s hot’ to raise more than $50bn this weekBusiness - Financial Times - 6 days ago -
Taxpayers set to lose out under Gupta’s UK steel unit restructuring plans
Claims by HMRC would be reduced 80% in restructuring of its Speciality Steel UK businessBusiness - Financial Times - 6 days ago -
Hyundai Motor Appoints First Foreign CEO as It Pushes Into North America
Hyundai Motor appointed Jose Munoz as its new president and chief executive, making him the first non-Korean leader of the auto giant.Business - The Wall Street Journal - 6 days ago -
Cellphone battery sparks fire, evacuations on Southwest flight at DIA
Everyone on board a Southwest Airlines flight at Denver International Airport was evacuated safely Friday morning after a cellphone battery ignited.Top stories - CBS News - 6 days ago -
Electric Vehicle Companies, Battery Makers Urge Trump to Keep Tax Credits
The Trump transition team wants to kill the $7,500 consumer tax credit for electric-vehicle purchases.Business - Inc. - 5 days ago -
Kentucky Electric Vehicle Battery Production Workers Attempt to Unionize
Workers who build electric vehicle batteries are hoping to achieve better working conditions.Business - Inc. - 19 hours ago -
2025 Baseball Hall of Fame ballot: 8 things to know, including Ichiro Suzuki's shot at a unanimous selection
Inductions will be announced in January with the ceremony in July in CooperstownSports - CBS Sports - 3 days ago -
2025 Baseball Hall of Fame ballot released: Ichiro Suzuki, CC Sabathia join Alex Rodriguez, Billy Wagner, more
Results will be announced in January with inductions next summer in CooperstownSports - CBS Sports - 3 days ago -
Ichiro Suzuki, CC Sabathia among 14 newcomers on 2025 Baseball Hall of Fame ballot
The 2025 Hall of Fame ballot is crammed full of former players you know and love.Sports - Yahoo Sports - 3 days ago -
Suzuki and Sabathia among 14 newcomers on baseball Hall of Fame ballot. Wagner tops holdovers
Outfielder Ichiro Suzuki and pitcher CC Sabathia are among 14 new candidates on the Hall of Fame ballot, joining 14 holdovers led by reliever Billy WagnerSports - ABC News - 3 days ago -
Europe’s fiscal tug of war
Pressure to display fiscal discipline is no less high than pressure to spend more on security and economic innovationWorld - Financial Times - October 26