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namoffice

Trudeau eyes ‘leaps forward’ in integration with US on EVs, critical minerals

February 8, 2021 by namoffice

Canada and the United States can collaborate more closely on manufacturing electric vehicles and on supplying critical minerals needed to make batteries for cars and other clean technologies, Prime Minister Justin Trudeau said on Thursday.

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Chinese regulators call in Tesla over customer complaints

February 8, 2021 by namoffice

BEIJING (Reuters) – Chinese government officials have met representatives from U.S. electric carmaker Tesla Inc over reports from consumers about battery fires, unexpected acceleration and failures in over-the-air software updates, a regulator said on Monday.

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Tesla stashes $1.5 billion in bitcoin, to accept as payment for cars soon

February 8, 2021 by namoffice

(Reuters) – Tesla Inc said on Monday it had invested around $1.5 billion in bitcoin and expected to begin accepting payment for its cars and other products with it in the near future, prompting a 7% jump in the electronic … Read more

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Hyundai, Kia say Apple car deal now off, see $8.5 billion wiped off market value

February 8, 2021 by namoffice

SEOUL (Reuters) – South Korea’s Hyundai Motor Co said on Monday it is not now in talks with Apple Inc on autonomous electric cars, just a month after it confirmed early-stage talks with the tech giant, sending the automaker’s shares … Read more

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A short-lived silver rush

February 8, 2021 by namoffice

Rising inflation expectations and central bank activities are likely to have a more lasting impact on the silver price this year than retail traders trying to force a short squeeze.

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Ford boosts investment plan for EVs and self driving vehicles, reports loss

February 5, 2021 by namoffice

DETROIT (Reuters) – Ford Motor Co on Thursday more than doubled the amount of money it plans to invest on electric and autonomous vehicles, to $29 billion, even as it posted a fourth-quarter net loss of $2.8 billion.

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Norilsk Nickel fined $2 billion for massive fuel spill in the Arctic

February 5, 2021 by namoffice

Norilsk Nickel, the world’s largest producer of palladium and nickel, will have to pay a record fine of 146 billion rubles ($1.94 billion) in compensation for a huge fuel spill in the Arctic last May, a Russian court ruled on Friday.

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Gina Rinehart targets EV boom with ‘green’ lithium play

February 5, 2021 by namoffice

Billionaire Gina Rinehart’s mining empire will help to finance a lithium project in Germany being developed to supply the key ingredient for electric-car batteries needed by Europe’s auto industry.

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Exclusive: Facing green pressure, Indonesia halts deep-sea mining disposal

February 5, 2021 by namoffice

JAKARTA (Reuters) – Indonesia will no longer permit mining waste to be disposed in the ocean to allay concerns about the environmental impact of processing nickel used in electric vehicle (EV) batteries, a government official and a corporate mining source … Read more

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Indonesia receives investment proposal from Tesla: official

February 5, 2021 by namoffice

SINGAPORE (Reuters) – Indonesia has received an investment proposal from U.S. electric vehicle (EV) maker Tesla, the country’s deputy head for investment and mining coordination, Septian Hario Seto, told reporters on Friday.

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