Renault Group CEO Luca de Meo said the European auto industry may face a 15 billion euro ($17.4 billion) fine for carbon emission overruns due to a slowdown in demand for electric cars, Reuters reported. By 2025, automakers in the European Union will face stricter […]
In an effort to stimulate the automotive market and boost economic growth, the Vietnamese government has recently announced a 50% reduction in the registration tax for new cars. This policy aims to ease the financial burden on consumers, further promote car sales, and drive the development of related industries. According to the government announcement, […]
September 6, 2024 – General Motors (GM) has announced that former Visa CEO Al Kelly has officially joined its Board of Directors. This appointment marks a significant step for GM as it continues to advance its global business strategy and digital transformation. Al Kelly, during his tenure at Visa, successfully led the company’s digital payment […]
At the upcoming Paris Motor Show this month, Renault will unveil a highly anticipated new model-the Renault 4 small electric car. This new electric vehicle not only embodies Renault’s vision for the future of mobility but also represents a significant advancement in the realm of compact electric cars. A Perfect Blend of Classic and […]
According to Bloomberg, Turkey is working with China to jointly exploit rare earth element deposits, a potential partnership that could make Turkey more attractive to Chinese electric car and battery makers. Earlier this year in July, Turkish President Recep Tayyip Erdogan reportedly met with Chinese President […]
Tesla plans to launch its FSD advanced driver assistance system in China and Europe in the first quarter of next year and is currently awaiting regulatory approval, according to foreign media reports. On September 5, Tesla AI, Tesla’s official account on social media platform X, […]