Swedish EV maker Polestar starts U.S. production, avoiding heavy tariffs By Abhirup Roy and Marie Mannes Aug 14 (Reuters) - Swedish electric-vehicle (EV) maker Polestar A4N1y.F moved one step further in avoiding major tariffs imposed on Chinese-made cars on Wednesday when the automaker said it began production of its Polestar 3 SUV in the United States.

Thoma Bravo explores $2 billion sale of ESG software maker Cority, sources say By Milana Vinn NEW YORK, Aug 6 (Reuters) - Thoma Bravo is exploring options including a potential sale of Cority that it hopes will value the sustainability compliance software maker at about $2 billion, including debt, according to people familiar with the matter. The technology-focused buyout firm has tapped Goldman Sachs GS.N to run a sale process for Cority, which could attract interest from other private equity f

FOCUS-Big truckmakers bet on hydrogen to extend combustion engine life By Christina Amann and Nick Carey BERLIN/LONDON, Aug. 1 (Reuters) - Some of the world's biggest truckmakers, including Volvo and MAN , are reworking combustion engines to run on low-emission hydrogen instead of polluting diesel, a quicker low-cost fix to their energy transition challenge that may give the dying technology a fresh lease of life.

REFILE-UPDATE 2-German truckmaker Traton posts profit rise on higher prices Adds missing full stop in final line By Louis van Boxel-Woolf and Eva Orsolya Papp July 26 (Reuters) - German truckmaker Traton 8TRA.DE , majority-owned by Volkswagen VOWG_p.DE , on Friday posted a 7% rise in first-half operating profit buoyed by higher prices, even as demand remained lacklustre in Europe.

German truckmaker Traton's profit rises due to higher prices By Louis van Boxel-Woolf and Eva Orsolya Papp July 26 (Reuters) - German truckmaker Traton 8TRA.DE on Friday posted a 7% rise in operating profit in the first half of 2024 compared to the same period last year driven by higher prices, even as demand remained lacklustre in Europe. Operating profit of 2.1 billion euros ($2.28 billion) was helped by sales revenue increasing 2% to reach 23.4 billion euros, even as unit sales fell 5% year-o