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Canada\'s British Columbia vote signals energy policy shift as Conservatives win majority

The Conservative Party won British Columbia\'s provincial legislature election, strengthening plans to expand liquefied natural gas production and exports. The party secured a majority of seats, while the centre-left New Democratic Party lost power after nine years. Conservative leader Lorne Doerkson pledged to double gas output by 2032 and triple it by 2035, alongside faster permitting and looser regulation. The party also plans to overhaul carbon pricing and remove emissions caps for LNG projects.

Industry

Chinese carmakers overtake Japanese rivals in European quarterly sales for first time

Chinese automakers have overtaken Japanese rivals in Europe on a quarterly basis for the first time, with Chinese brands taking a 12.7 percent share of September new-car registrations versus 11.9 percent for Japanese brands. The figures reflect consumer registrations, with hybrids leading the rise. The EU has introduced extra tariffs on China-made battery electric vehicles and reached a tentative deal to cap hybrid imports at 350,000 a year. China is also cutting export VAT rebates for new-energy vehicles from 2027.

Industry

Trump announces $4.2 billion Audi U.S. plant investment to produce 200,000 SUVs a year

Audi will invest about $4 billion to build an SUV plant in Georgia, targeting annual output of up to 200,000 vehicles and about 4,500 jobs. U.S. President Donald Trump highlighted the project at a Republican campaign event as a result of his tariff policy ahead of the Nov. 3 midterm elections. The plan includes producing large SUVs such as the Q7, Q8 and Q9, with construction slated for 2027 and production planned for the early 2030s.