Nick Carey

The global air industry is in the midst of a post-pandemic rebound, but supply chain problems have left suppliers and manufacturers scrambling to source everything from raw materials to small electronic components to keep production moving.

Volvo Cars said on Friday it will leave the European Automobile Manufacturers Association (ACEA) by the end of 2022, citing differences between its zero-emission strategy and that of Europe's car lobby group.

Electric vehicle (EV) battery startup Britishvolt has signed a deal with South Korean battery materials firm Posco Chemical designed to secure the supply of cathode and anode materials, the two companies said on Thursday.

British commercial electric vehicle (EV) startup Tevva on Thursday launched its first truck with a hydrogen fuel cell booster which should drive up to 310 miles (499 km) and provide fleet operators with greater zero-emission range.

UK startup Circulor, which uses blockchain technology to map supply chains for companies pursuing greener, more sustainable production, said on Tuesday it had raised $25 million to fund expansion, primarily in the United States.

REE Automotive, which develops rolling chassis for commercial electric vehicles (EVs), said on Tuesday that it will start customer tests of its electric walk-in van in Detroit this summer to take orders for 2023 deliveries.

Luxury British carmaker Bentley on Thursday said its first-quarter operating profit jumped 162% versus the same period last year, as soaring vehicle prices offset the loss of some cars at sea and pandemic-related delivery problems in China.

BMW posted a rise in first-quarter profit on Thursday, boosted by a reevaluation of the German car maker's stake in its Chinese joint venture and strong pricing, and kept its 2022 outlook, despite volatile prices for commodities and energy.

BMW posted a rise in first-quarter profit on Thursday, boosted by a reevaluation of the German car maker's stake in its Chinese joint venture and strong pricing, and maintained its 2022 outlook despite volatile prices for commodities and energy.

Over the last two years a series of unexpected events has scrambled global supply chains.

Data shows there is enough nickel and lithium to produce up to 14 million electric vehicles (EVs) globally in 2023, so Europe should secure more raw materials to shift away from oil faster, campaign group Transport and Environment (T&E) said on Tuesday.

Mercedes-Benz is looking at energy alternatives should Russia cut gas deliveries and is working closely with German authorities to ensure energy supplies, the premium carmaker's top executive said on Friday.

Commercial electric vehicle (EV) startup Volta Trucks on Tuesday unveiled two smaller zero-emission truck models that will start production in 2025, opening more options for urban deliveries and in EU markets with restrictions for Sunday operations.

After decades of ups and downs, British carmaker Aston Martin Lagonda is charting a more efficient and profitable way forward, leaning on technology from shareholder Mercedes-Benz to make the costly leap to electric vehicles (EVs).

UPS said on Friday it was trying out a four-wheeled "eQuad" electric cargo bike for deliveries in densely packed urban areas, where bikes have better and easier access, to complement its push into electric vehicles.

Aston Martin on Wednesday launched the final fossil-fuel version of its limited-run powerful V12 Vantage sports car, with every vehicle already snapped up before the British luxury carmaker starts its gradual shift to an electric lineup.

Where you go. What you pass. Where you stop. What you listen to. What you watch. Your good habits. Your bad habits.

Mercedes-Benz has 2 billion euros ($2.2 billion) in assets that could be threatened by Russian proposals to nationalise the property of foreign firms that leave because of its invasion of Ukraine, the German premium carmaker said.

Electric vehicle (EV) battery startup Britishvolt is to develop high-performance batteries with Aston Martin as the British luxury carmaker gears up to launch its first fully electric vehicle in 2025, the two companies said on Monday.

Aston Martin narrowed its annual loss in 2021 as sales surged and the company said on Wednesday it expected further improvements this year as it launches new, more profitable models and plans to raise prices across its model line-up.

Volta Trucks said on Friday that it had raised 230 million euros ($260 million) in Series C funding round, which will finance it through the launch of series production of its Volta Zero electric truck in late 2022.

Electric vehicle (EV) battery startup Britishvolt said on Tuesday it will launch a Series C funding round with a starting investment of 40 million pounds ($54 million) from mining giant Glencore.

U.S. auto sales likely fell slightly in October from a year earlier, when replacement demand following hurricanes Harvey and Irma boosted business, industry consultants J.D. Power and LMC Automotive said on Monday.

Honda Motor Co Ltd will invest $2 billion and take a 5.7 percent stake in General Motors Co’s Cruise self-driving vehicle unit, extending cooperation between the two automakers in a technology that has enormous costs and risk but no market-ready products.

In 2017 all the world’s automakers and suppliers combined invested $115 billion in research and development, and had capital expenditures of $234 billion.

Trade tariffs were partly to blame for lowered full-year forecasts by General Motors and Fiat Chrysler Automobiles NV on Wednesday, pummeling the stocks of both automakers as investors feared worse is yet to come.