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Move comes as Biden administration begins parcelling out funds unlocked by Congress this week
Driven to distraction
Also in today’s newsletter, meet the new players in the sustainable bond issuance space
Given the level of government scrutiny facing the jet maker, aligning regulatory and commercial interests might seem sensible
Seoul’s industry minister says China’s grip on graphite threatens Inflation Reduction Act incentives
Carlos Tavares says Britain’s quota regime could bankrupt carmakers
Delivery delays tied to 737 Max safety concerns hit carriers ahead of summer travel season
Decision will result in up to 2,800 job losses at Britain’s biggest producer of the commodity
Three takeaways from a bullish IEA forecast on the state of electric cars and batteries
Doubts over the credibility of economic and corporate statistics
The inside story on the Asia tech trends that matter, from Nikkei Asia and the Financial Times
Elon Musk seeks to appease the market after 40% stock slide
The company’s global plans range from solar modules and electric buses, trucks and trains to complex transport systems. But is it trying to do too much?
Tokyo urges alliances to stay competitive but companies wary of giving up control
Results reflect slowdown of 737 Max production and compensation to customers
Economists and opposition question how government will lift MoD share of GDP to 2.5% and find extra £75bn
Elon Musk-led electric vehicle maker’s stock jumps despite reporting a fall in quarterly revenue
Japanese carmaker has fallen behind in electric vehicle race and lacks scale needed to compete globally
Elon Musk sends confusing message on earnings call
New owner of UK dealerships will close marketplace for second-hand cars following pandemic-era slump in supply
Energy watchdog’s forecast runs counter to sentiment among many carmakers struggling to sell battery-run vehicles
European carmakers should use this market slowdown to play catch-up with Chinese rivals
Also in this newsletter: sharp increase in military spending, Exxon speaks out to defend plastics, flying taxis
War in Ukraine and tensions in Middle East and Asia lead to 7% increase in worldwide defence expenditure, says think-tank
Petrochemical companies oppose global agreement that would cut production to curb pollution
International Edition