According to foreign media reports, on August 31, the U.S. government once again postponed announcing a final decision to significantly increase tariffs on Chinese-made electric vehicles, batteries, semiconductors, and solar cells, saying that it would do so in the coming days. A spokesperson for the Office of […]
The Republican presidential campaign has said that if Donald Trump is elected as the next U.S. president, he will repeal many of current U.S. President Joe Biden’s clean-energy regulations, as well as speed up approvals for power plants to meet growing U.S. electricity demand, according to Reuters. President Joe […]
September 2, 2024 – Magna International Inc., in collaboration with the China Council for the Promotion of International Trade (CCPIT) Automotive Sub-Council, has released a groundbreaking report titled “Blueprint for the Globalization of the Chinese Automotive Industry.” This comprehensive study marks a significant step in understanding and shaping the international expansion of China’s automotive sector. […]
September 2, 2024 – According to the latest data, new car sales in Europe for July 2024 remained stable compared to the same period last year, with no significant growth or decline observed. However, Germany has experienced a notable drop in electric vehicle (EV) sales, drawing widespread attention from industry experts. The European Automobile […]
On August 29, U.S. Trade Representative Katherine Tai strongly supported Canada’s imposition of 100 percent tariffs on Chinese-made electric cars, as well as 25 percent tariffs on steel and aluminum imports from China, Reuters reported. This comes after the U.S. imposed similar tariffs on Chinese products. […]
According to foreign media reports, due to further weakness in electric vehicle demand in Germany, Europe’s largest auto market, European car sales in July were essentially flat year-on-year. On August 29, the European Automobile Manufacturers’ Association (ACEA) released data showing that in July this year, new car […]