Summary

• Twenty-five GWh to be built at sites in Italy, Britain
• Part of 100 GWh buildout that could cost $4 ​bln-$5 bln
• Targets more than $15 billion in revenue ‌over 20 years

LONDON, (Reuters) – Independent energy firm NatPower and Tesla said on Tuesday they ​had reached a deal to build 25 gigawatt ​hours of battery storage in Italy and Britain, ⁠the first phase of a project worth up ​to $5 billion.

Countries across Europe are ramping up battery ​storage projects to help balance the rollout of intermittent renewable power capacity. Continue reading “NatPower, Tesla reach deal on first phase of $5 billion battery storage plan”

HELSINKI, (Reuters) – Finland may approve Tesla’s self-driving assistance system earlier than a European Union-wide decision expected in October, the country’s transport ​authority said on Tuesday.

The Netherlands in April became the first European ‌country to grant provisional approval for Tesla’s Full Self-Driving (FSD) system, in a first step towards a potential EU-wide rollout if backed by a qualified majority ​of member states.

Estonia and Belgium are among countries that have since ​allowed the technology, which allows cars to steer themselves, ⁠though some regulators have expressed caution about it. Continue reading “Finland may approve Tesla’s supervised self-driving software before EU vote”

MILAN, (Reuters) – Ferrari said on Tuesday it had appointed former BMW Italy head Massimiliano Di Silvestre as its chief marketing and commercial officer, ​replacing long-serving executive Enrico Galliera.

The management change comes shortly after Ferrari unveiled ‌the divisive Luce, its first electric car, in a launch that drew widespread criticism. Continue reading “Ferrari names former BMW Italy head as new marketing chief after Luce EV debut”

(Reuters) – A group representing major automakers warned on Tuesday that car companies may be forced to halt sales of both ​new and used vehicles in California on July 1 unless the state ‌delays vehicle technology rules that aim to prevent perpetrators of domestic violence from tracking survivors.

The Alliance for Automotive Innovation, which represents General Motors, Toyota, Volkswagen, Hyundai and most other automakers, said unless ​a legislative proposal is signed into law by July 1 “there is substantial ​risk that auto sales in California will be suspended.” Continue reading “Automakers could halt car sales in California without delay in vehicle tracking law”

Summary

• Rio eyes lithium capacity of 200,000 tonnes by 2028
• Focus on low-cost operations, executive says
• Goal not to be world’s largest lithium producer
• Declines to comment on any future Glencore plans

LAS VEGAS, (Reuters) – Rio Tinto expects its lithium business to grow ​faster than its copper, iron ore and other divisions as it works to triple production by 2028 ‌for the electric vehicle and battery storage markets, an executive said on Tuesday.

The world’s second-largest mining company jumped into the lithium sector last year when it bought U.S.-based Arcadium, a deal that brought access to mines, processing facilities and deposits across four continents, as well as a customer base ​that includes Tesla. Continue reading “Rio Tinto sees lithium as fastest-growing division, executive says”

Summary

• Shifting plans part of Japanese carmaker’s global restructuring
• Delay risks leaving Nissan trailing rivals in key segment
• Nissan in 2023 unveiled plans to build variant in Britain
• UK government hailed project as a win for its EV industry

TOKYO, (Reuters) – Nissan has stopped work on an electric version of its top-selling model in Europe, ​six sources with knowledge of the matter said, as the Japanese automaker trims its lineup and cuts costs.

The move to quietly halt development ‌of a fully electric Qashqai comes as traditional rivals and new Chinese entrants flood Europe with affordable alternatives. Continue reading “Nissan shelves development of electric Qashqai in cost-cutting drive”

Source : PTI | Car market leader Maruti Suzuki India Ltd on Monday said it will set up advanced manufacturing labs at five Industrial Training Institutes in Gujarat.

The company has signed a Memorandum of Understanding (MoU) with the Directorate of Employment and Training (DET), Government of Gujarat, for the purpose, Maruti Suzuki India Ltd (MSIL) said in a statement. Continue reading “Maruti Suzuki to set up advanced manufacturing labs at 5 ITIs in Gujarat”

Source : PTI | State-owned NHAI on Monday said it has directed its field offices to ask wayside amenities (WSAs) lessees to prioritise setting up vehicle repair shops and puncture repair facilities along National highways and expressways at the earliest to enhance ease of commuting.

NHAI, in a statement, said it has been observed that a larger number of vehicles and puncture repair services are required on several National Highways and expressways to enable highway users to access mechanical assistance during breakdowns and emergencies, avoiding inconvenience, delays, and potential safety concerns.

Continue reading “NHAI to direct wayside amenities lessees to prioritise establishment of vehicle repair shops on NHs”

Source : PTI | Profitability at state-run oil marketing companies (OMCs) is set to improve as falling crude oil prices lift fuel marketing margins, although rising debt levels and uncertainty over fuel taxes could limit the sector’s longer-term earnings outlook, according to a JP Morgan report.

Composite margins on petrol and diesel sales at state-run refiners and fuel retailers are now above levels seen before the recent Middle East conflict, with gains driven by lower crude prices and reduced central excise duties, it said. Continue reading “Petrol, diesel margins back above pre-conflict levels: Report”

Summary

• Tata Electronics says it identified ‘cybersecurity incident’
• Apple is investigating the matter, source says
• One purported Tesla document is on revamped Model 3 part
• Incident latest challenge for Apple supply chain in India
• Tata says operations unaffected by incident

NEW DELHI, (Reuters) – Tata Electronics said on Monday ​it had detected a recent “cybersecurity incident”, after researchers said World Leaks posted purported component design and specification papers of Apple and Tesla, both customers ‌of the Indian group.

The ransomware group has posted more than 200,000 files on the dark web, the security researchers told Reuters. Continue reading “India’s Tata Electronics hit by cyber breach claiming to expose Apple, Tesla trade secrets”

Summary

• Trump administration has mounted attack on California emissions regulations
• California says action is illegal
• EPA wants to make it easier to sell gas-powered vehicles

WASHINGTON, (Reuters) – The state of California sued the U.S. Environmental Protection Agency on Monday after the agency earlier ‌this month sent the Republican-controlled Congress landmark state vehicle emissions rules for potential repeal.

The EPA said waivers under the Clean Air Act for California environmental regulations approved under prior Democratic administrations should have been sent to lawmakers under the ​Congressional Review Act. Continue reading “California sues US EPA over sending emissions rules to Congress for potential reversal”

Summary

• Porsche forecasts 5.5% to 7.5% margin this year after 1.1% in 2025
• Details on recovery plan due in October
• CEO pledged to focus on high-margin vehicles and cost-cutting

BERLIN, (Reuters) – Porsche faces ‌fundamental challenges in crucial markets and a long road back to recovery, but the German sports car maker is sticking by this year’s financial targets, its CEO will tell investors on ​Tuesday.

A profit warning from premium rival BMW last week, citing a prolonged ​downturn in China and rising costs resulting from the Iran war, ⁠has prompted analysts to look more closely at other carmakers’ targets for the ​year. Continue reading “Porsche CEO sticks to targets as he navigates road to recovery”

DETROIT, (Reuters) – Canadian auto union Unifor began negotiations with Ford Motor on ​Monday, commencing talks on new contracts ‌with the so-called Detroit Three of Ford, General Motors and Stellantis to try to improve pay, ​job security and benefits for its ​nearly 19,000 members at those companies.

• Existing ⁠collective agreements between Unifor and the Detroit ​Three automakers expire on September 20.
• The union ​began the negotiations with Ford because the automaker has been most committed to continuing its operations in ​Canada, the union said.
• Unifor set a ​deadline of July 10 to reach a deal with ‌Ford, ⁠which it will then take to the other two automakers.
• The union said it has begun talks earlier than usual because economic ​conditions are ​unlikely to ⁠improve in the coming months and could worsen.
• Canada faces significant U.S. ​tariffs pending negotiations around the ​future ⁠of the U.S.-Canada-Mexico trade agreement.
• Nearly 6,000 workers have been laid off across plants owned by ⁠the ​three automakers as the ​companies have shifted or paused production at several facilities.

Continue reading “Canada’s Unifor union begins Detroit Three negotiations with Ford”

Summary

• Driver told police a driver-assistance feature was engaged, county sheriff’s office says
• Tesla’s self-driving chief says the driver overrode automation by fully pressing ​the accelerator
• NHTSA has opened nearly 50 Tesla special crash probes since 2016 with about two ‌dozen deaths reported

WASHINGTON, (Reuters) – A U.S. agency said on Monday it was investigating the June 19 crash of a Tesla Model 3 that was reportedly using an advanced driver assistance system when it struck a home in ​Katy, Texas, killing a 76-year-old woman.

The National Highway Traffic Safety Administration has opened nearly 50 special ​crash investigations since 2016 into incidents involving Teslas in which advanced driver assistance systems ⁠such as Autopilot were suspected of being used, with about two dozen deaths reported. Continue reading “US opens probe of fatal Tesla crash into Texas home”

Summary

• Cuts to affect full-time employees, contractors and hourly manufacturing workers
• Company’s COO exited the firm in second ​major shakeup in recent months
• Lucid grapples with strong competition and pricing ‌pressure in EV market

(Reuters) – EV maker Lucid Group said on Monday it would cut about 18% of its U.S. workforce and announced COO Marc Winterhoff had left the company, marking ​its second major executive change in recent months as it tries to ​boost profitability amid growing competition.

Shares of the company were down about ⁠4%. Continue reading “EV maker Lucid to cut about 18% of US workforce, COO Winterhoff exits”

MILAN, (Reuters) – Ferrari is not forcing clients to buy its divisive Luce electric car to qualify for the purchase of the luxury carmaker’s next limited-series models, Chief Marketing and ​Commercial Officer Enrico Galliera said.

In a product presentation late last week Galliera ‌denied a report by Bloomberg that buying the €550,000 ($630,000) Luce, the firm’s first EV, could become a requirement for access to Ferrari’s most exclusive models, adding that applying that kind of pressure would be a “huge ​mistake”. Continue reading “Ferrari denies making access to limited edition models conditional on Luce EV purchase”

Summary

• Board accused of ignoring warnings about driver abuse, treatment of disabled passengers.
• Lawsuit seeks reimbursement from directors for alleged fiduciary breaches
• Uber ​faced 3,571 lawsuits over alleged driver misconduct
• Uber says lawsuit is based on misleading ‌and false narratives

(Reuters) – Uber Technologies’ board was sued on Monday by shareholders who accused management and directors of letting the ride-sharing company cut corners on compliance, leading to thousands of lawsuits from victims of sexual ​assault and harassment.

In a complaint filed in San Francisco federal court, shareholders led by ​a Detroit pension fund said board members ignored repeated internal and external warnings ⁠about Uber’s alleged failure to address sexual abuse by drivers. Continue reading “Uber board sued over alleged ‘serial’ compliance failures, sexual abuse lawsuits”

(Reuters) – Demand for electrified cars continued to underpin growth in Europe’s auto market in May, offsetting a sharp decline in ​petrol and diesel sales and allowing Chinese brands to ‌expand their footprint, data from the European Automobile Manufacturers’ Association (ACEA) showed on Tuesday.

Total car registrations, a proxy for sales, in the European Union, Britain and ​the European Free Trade Association rose 3.6% to 1,152,523 ​vehicles in May. For the first five months of ⁠the year, registrations were up 4.5% compared with the same period ​in 2025.. Continue reading “EV demand powers Europe car market in May, Chinese rivals expand share”

Mumbai, 22 June 2026 – Škoda Auto India has opened bookings for the all-new Kodiaq RS, further strengthening its performance portfolio in the country. Alongside, the brand introduces its ‘Surrender’ campaign, inviting enthusiasts to surrender to the thrilling performance and dynamic capabilities of the Kodiaq RS. The arrival of this high-performance 4×4 luxury SUV coincides with two significant milestones — over 50 years of the iconic RS badge and 125 years of Škoda Auto’s motorsport heritage.

Surrender to performance
At the heart of the Kodiaq RS is a 2.0 TSI engine producing 195 kW (265 PS) and 400 Nm of torque. Power is transmitted to all four wheels via Škoda Auto’s signature 7-speed DSG transmission, delivering sharp responsiveness and exceptional control. With a 0–100 km/h time of just 6.3 seconds, the Kodiaq RS stands as the quickest Škoda ever launched in India, reaching a top speed of 231 km/h. The experience is further heightened by Dynamic Sound Boost, delivering a more emotive and engaging engine note. Continue reading “Reservations Open for Škoda Kodiaq RS; Surrender Now”

• First shipment of 750 vehicles departs from Chennai for South Africa

Chennai, 22 June 2026: Renault India, the wholly owned subsidiary of the French carmaker Renault Group, India has begun exports of the all-new Duster, with a first shipment of 750 vehicles departing from Chennai to South Africa. The shipment marks the beginning of Renault India’s export programme for the new Duster, with additional international markets planned in the coming months.

This milestone underscores the growing role of India within Renault Group’s global manufacturing and export network. It also reflects the company’s futuREady strategy to strengthen India’s position as a key hub for manufacturing, engineering, and exports. Continue reading “Renault India Begins Global Exports of the All-New Duster”

Source : PTI | Non-Marathi auto-rickshaw and taxi drivers in Maharashtra who fail to obtain a Marathi language proficiency certificate by Aug 15 will face action, the state transport department said on Friday.

The department has made it mandatory for all non-Marathi auto-rickshaw and taxi drivers to complete a four-hour ‘Marathi Bhasha Samvad Pathyakram’ (Marathi communication course) between June 1 and Aug 15, 2026. Continue reading “Auto, taxi drivers without Marathi certificate to face action after Aug 15: Maharashtra transport dept”

Source : PTI | Bus services remained severely disrupted across Mumbai on Sunday as the strike by employees of the Brihanmumbai Electric Supply and Transport (BEST) undertaking entered its third day.

The BEST undertaking, however, said it had arranged more than 100 buses to facilitate students appearing for the National Eligibility-cum-Entrance Test (NEET) re-examination in the city on Sunday. Continue reading “Mumbai bus services disrupted as BEST strike continues for third day”

Source : PTI | India’s crude oil imports from Russia surged in June, while shipments from the United Arab Emirates were near-record levels as refiners sought to secure supplies ahead of the full restoration of flows from Gulf producers following the reopening of the Strait of Hormuz, analysts said.

India imported an average of 2.66 million barrels per day of crude oil from Russia in June, through June 19, compared to 1.91 million bpd in May, data from maritime and commodity intelligence firm Kpler showed, cementing Moscow’s position as the country’s largest oil supplier. Continue reading “India boosts Russian, UAE oil purchases in Jun ahead of full Hormuz recovery”

Source : PTI | The Gujarat State Road Transport Corporation (GSRTC) has expanded its QR-code-based passenger feedback system across its network and recorded an average satisfaction score of 4.7 out of 5, officials said on Saturday.

The GSRTC launched a QR-code-based passenger feedback system on the buses on a pilot basis in March 2025.

“While the digital system was initially introduced only in premium luxury buses, its quick success led GSRTC to expand it widely, with QR codes displayed across 125 bus stations, depot control points, and in more than 8,000 buses,” an official release said. Continue reading “Gujarat road transport body’s QR-code feedback system expands to 8,000 buses”

Source : PTI | Passenger vehicle sales are likely to grow 4-6 per cent this fiscal, driven by sustained demand momentum, improving affordability following GST rate cuts, and traction in utility vehicles, a report said.

Passenger vehicle wholesale volumes recorded a strong 27 per cent year-on-year growth in the last fiscal, reaching 4.4 lakh units, while retail sales grew 33 per cent on the back of robust consumer demand, newly launched models, and an extended summer wedding season, according to the report by ratings agency Icra. Continue reading “Passenger vehicle sales expected to grow 4-6%in FY27: Report”

Source : PTI | The Indian two-wheeler industry will witness moderate wholesale volume growth of 3-5 per cent in FY27, as the sector could face challenges from a high base effect, a potentially weak monsoon due to El Nino, and inflation-led vehicle price increases, ratings agency ICRA said on Friday.

The country’s two-wheeler industry continues to demonstrate resilience, supported by improving domestic demand, healthy retail momentum, and sustained export growth, ICRA said in its latest sector update. Continue reading “Indian two-wheeler industry to see moderate growth at 3-5% in FY27: ICRA”

MILAN, (Reuters) – Automaker Stellantis holds a 9.5% stake in U.S. solid-state ​battery startup Factorial Energy and might ‌buy further shares in the future, a SEC filing showed.

Solid-state batteries for ​electric vehicles are expected to ​be lighter, with better energy density ⁠than, traditional lithium-ion batteries, and ensuring ​faster charging times. However manufacturers have ​so far struggled to produce them at scale. Continue reading “Stellantis holds 9.5% stake in solid state battery startup Factorial, filing shows”

BERLIN, (Reuters) – BMW and staff representatives are preparing for talks after the German ​premium carmaker issued a profit warning this week and said ‌it would accelerate efficiency measures, a spokesperson for its general works council said on Friday.

It was BMW’s third profit warning in as many years attributed ​at least in part to weakness in China, which ​is the world’s biggest car market. The company also ⁠pointed to cost pressures resulting from the Iran war. Continue reading “BMW prepares for talks with staff in wake of profit warning”

Summary

• Neue Klasse orders strong, chairman says
• Shares fall another 4% after Tuesday profit warning
• Some analysts see deeper strategic shift under new CEO

PARIS, (Reuters) – BMW is “on the right track” with its next-generation models, supervisory board Chairman Nicolas Peter said on Thursday, days after a shock profit warning that has hit the German automaker’s shares.

Orders for BMW’s Neue ​Klasse models are strong and “good news both for the manufacturer and for ​the suppliers involved in the project”, Peter told journalists in Paris. Continue reading “BMW ‘on right track’, chairman says, as profit warning hits shares”

SEOUL, (Reuters) – Hyundai Motor Group plans to buy SoftBank Group’s remaining 9.65% ​stake in Boston Dynamics for $325 ‌million to make the U.S. robotics firm a wholly owned subsidiary, South Korea’s ​Maeil Business Newspaper reported on ​Friday.

Hyundai Motor is expected to convene ⁠a board meeting on June 22 ​to approve the purchase, the newspaper ​said, citing unnamed industry sources.

The report said SoftBank had told Hyundai that it would ​like to exercise its rights to ​sell its remaining stake in Boston Dynamics under ‌a ⁠put option agreed when it sold Boston Dynamics to Hyundai. Continue reading “Hyundai to buy SoftBank’s remaining stake in Boston Dynamics for $325 mln, newspaper says”

Summary

• Swedish regulator has urged EU to reject Tesla FSD over speeding
• Calls for Tesla to remove ‘Speed Offset’ above posted limits
• EU committee meets June 30 to debate FSD, no vote expected yet
• Second Swedish regulator: still establishing country’s position
• Approval could boost Tesla in Europe amid China challenge

STOCKHOLM/SAN FRANCISCO, (Reuters) – A Swedish transport authority is recommending a vote against the Europe-wide rollout of Tesla’s supervised self-driving software, unless the U.S. EV maker disables its ability to exceed legal speed limits, a regulatory letter shows.

In a previously unreported letter dated April 30, obtained through a freedom of information request, the Swedish Transport Administration (TRV) said Tesla’s Full Self-Driving (Supervised) feature should not be approved for European Union roads unless its ability to ignore speed limits is removed. Continue reading “Sweden may oppose Tesla’s supervised self-driving tech in Europe over speeding concerns”

Source : PTI | The Brihanmumbai Electric Supply and Transport (BEST) undertaking on Thursday evening said that it had obtained a temporary order from an industrial court prohibiting its employees from going on a strike.

The Maharashtra government too invoked the Maharashtra Essential Services Maintenance Act (MESMA) to prohibit the strike, officials said.

Earlier in the day, the BEST Sanyukt Kamgar Kruti Samiti, an action committee of 12 unions, announced at a gathering in Dadar that the employees would be going on an indefinite strike from midnight as their long-pending demands had not been addressed within a deadline set by them. Continue reading “BEST Undertaking strike stalled as court order, MESMA block protest in Mumbai”

Source : PTI | Kalyani Strategic Systems Ltd (KSSL), the wholly-owned defence subsidiary of Bharat Forge Ltd, on Thursday announced signing a strategic partnership with American military vehicle maker AM General for distinct mounted artillery gun systems for the global market.

The announcement was made at the ongoing biennial Eurosatory defence exposition in Paris.

The partnership addresses the requirements of modern defence forces worldwide in an evolving combat scenario, equipping them with compact, robust, mobile, all-weather, all-terrain next-gen mounted artillery gun platforms with a distinct competitive edge, KSSL said in a statement. Continue reading “Bharat Forge defence arm partners with US-based AM General for artillery guns”

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Summary

• Civilian infrastructure faces rising drone threats
• Demand rises for detection and counter-drone technology
• Regulatory, safety and budget constraints slow adoption
• Experts warn of ineffective, overpriced tech and market panic

BERLIN, (Reuters) – Drone incursions disrupting airports in Europe and strikes on oil fields in the Middle East are spurring a fast-growing market for radars, jammers and defensive craft to defend airports and infrastructure ​against new aerial threats.

Drone technology has caused upheaval at airports for years, with London’s Gatwick Airport among those to have had to suspend flights due to drone ‌alerts pre-2020. However, a fresh wave of incursions linked to wars in Ukraine and the Middle East has sent those concerns into overdrive. Continue reading “Drone strikes beyond the battlefield pump up market for technology to repel them”