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British EV maker Arrival seeks second chance with US EV tax credits

BY Reuters  • May 25, 2023May 25, 2023
By Paul Lienert and Nick Carey DETROIT/BICESTER, England (Reuters) – British electric van startup Arrival, which has hit many road bumps in its quest to become the next Tesla Inc, now hopes huge[...]
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Business Economy Environment Europe Technology Top News UK US

Despite promises, automakers lack ‘concrete actions’ to decarbonise steel – Greenpeace

BY Reuters  • May 25, 2023May 25, 2023
TOKYO (Reuters) – Automakers, including Toyota and Volkswagen, should decarbonise their steel supply and cut back on the material’s consumption by reducing the size of vehicle models, Gree[...]
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Asia Business Economy Environment Europe Updated

Stellantis may ship fewer gas-powered vehicles to US states with strict emissions rules

BY Reuters  • May 24, 2023May 24, 2023
By David Shepardson WASHINGTON (Reuters) -Chrysler-parent Stellantis said on Wednesday it may limit shipments of gasoline-powered vehicles to dealers in states that have adopted California’s str[...]
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Business Economy Environment Europe Updated

Record solar power generated in New York state -grid operator

BY Reuters  • May 24, 2023May 24, 2023
(Reuters) – New York state’s power grid met about 20% of its electricity demand with energy from the sun for one hour last week, marking the highest ever output from solar generation, the[...]
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Business Environment Updated US

U.S. House votes to overturn heavy duty truck emissions rules

BY Reuters  • May 24, 2023May 24, 2023
By David Shepardson WASHINGTON (Reuters) – The U.S. House of Representatives voted 221 to 203 on Tuesday to overturn Environmental Protection Agency (EPA) rules that aim to drastically cut smog-[...]
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Business Environment Politics Top News US

Exclusive-California seeks EPA approval to ban sales of new gasoline-only vehicles by 2035

BY Reuters  • May 23, 2023May 23, 2023
By David Shepardson WASHINGTON (Reuters) -California has asked the Biden administration to approve its plan to require all new vehicles sold in the state by 2035 to be either electric or plug-in elect[...]
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Business Environment Updated US

U.S. safety board to hold Norfolk Southern derailment investigative hearing

BY Reuters  • May 23, 2023May 23, 2023
By David Shepardson WASHINGTON (Reuters) -The U.S. National Transportation Safety Board (NTSB) will hold a two-day investigative hearing June 22-23 on the Feb. 3 Norfolk Southern derailment in East Pa[...]
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Business Environment Middle East Updated US

Speeding up US power grid connection ‘top priority’, FERC chairman says

BY Reuters  • May 23, 2023May 23, 2023
By Valerie Volcovici (Reuters) – The U.S. Federal Energy Regulatory Commission aims to finalize its plan to speed up the process of connecting power projects to the grid over the coming months,[...]
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Business Environment Updated US

World Bank seeks grants, new capital to fight global crises

BY Reuters  • May 23, 2023May 23, 2023
By Karen Lema MANILA (Reuters) – The World Bank will press for more grants and new capital from member countries, even as it leverages its balance sheet to scale up lending for responses to clim[...]
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Asia Business Economy Environment
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