Stewart Burnett

1 week ago | automotiveworld.com | Stewart Burnett

The US-UK trade deal has sparked backlash from a lobbying group representing the Detroit Big Three, which claims it unfairly benefits British automakers while leaving their local counterparts unfairly exposed to steep tariffs. Under the deal, the US will reduce its 25% automotive tariff to 10% for up to 100,000 UK-made vehicles annually—a move Detroit’s “Big Three” argue undermines the competitiveness of USMCA-compliant vehicles from Mexico and Canada.

1 week ago | automotiveworld.com | Stewart Burnett

Foton has deployed its new battery-swap e-truck in limited batches at Yantian port in China. By Stewart Burnett Foton has introduced its new Auman battery-swap electric truck (e-truck), designed specifically for port logistics, with its first deployment at Yantian Port, China. The truck promises rapid five-minute battery swaps, effectively reducing its downtime to that of its traditional diesel-powered counterparts.

1 week ago | automotiveworld.com | Stewart Burnett

Mercedes-Benz’ eCitaro and eCitaro G buses now comprise almost 70% of VAG’s e-bus fleet. By Stewart Burnett Bus operator VAG Nuremberg has reached a milestone with the addition of its 100th electric bus (e-bus), a Mercedes-Benz eCitaro G articulated model, as part of a delivery of 31 new buses from Daimler Buses. This expands the operator’s total to 77 eCitaro and eCitaro G buses, which now comprise nearly 70% of its total e-bus fleet.

1 week ago | automotiveworld.com | Stewart Burnett

Back in April, Lyft agreed to buy European taxi app Freenow in an effort to expand its overseas operations. By Stewart Burnett Lyft has announced an expansion of its share buyback program to US$750m and outlined plans to grow its operations in smaller cities, aiming to drive future growth in underserved markets. The company will allocate US$500m of the buyback within the next 12 months, with US$200m to be utilised in the next three months alone.

1 week ago | automotiveworld.com | Stewart Burnett

Embattled Japanese automaker Nissan has announced that it will scrap plans for a JP¥153bn (US$1.1bn)  lithium-iron-phosphate (LFP) battery plant in Kitakyushu, Japan, as part of a broader restructuring strategy to address its worsening financial crisis. The project, first announced in January—well into the crisis—was expected to produce cost-effective LFP batteries for electric vehicles (EVs) and create 500 jobs.