According to Bloomberg, US President Trump said on February 9 local time that he plans to impose a 25% tariff on all steel and aluminum products imported to the United States. This move is seen as another major upgrade of U.S. trade policy, which may have far-reaching impacts on global supply chains and the domestic energy industry in the United States. At present, the specific time of the new tariffs to take effect has not been clarified. It is worth noting that it is unclear whether Mexico and Canada, as important metal suppliers in the United States, will […]
According to Reuters, on February 7, local time, the Electric Drive Transportation Association, which represents U.S. automakers and electric vehicle charging companies, urged the U.S. Department of Transportation to quickly restart a $5 billion electric vehicle infrastructure program. . On February 6, the Trump administration announced the suspension of the above-mentioned electric vehicle charging projects and canceled approval of the state’s electric vehicle charging network plans. The Electric Drive Transport Association said it has urged the Trump administration to “quickly resume key work on the project to minimize uncertainty about states and related businesses. Businesses here refer to the […]
According to foreign media reports, Nikola, a U.S. hydrogen energy truck and electric truck manufacturer, said it is considering a financial restructuring. “Nikola is constantly evaluating its financial position and the liquidity required to operate its business. As part of the review, the company is also evaluating various options, including financing as part of its financial restructuring,” said a Nikola spokesperson. Nikola was listed through a blank check company in 2020. The company’s market value was as high as $30 billion, surpassing traditional automaker Ford. Investors hoped that Nikola would become […]
According to foreign media reports on February 8, Ford Motor CEO Jim Farley said that China has been ahead of the United States in the field of electric vehicle battery technology for several years. If Ford Motor wants to compete with Chinese automakers in the global competition, it must obtain Chinese knowledge by acquiring Chinese knowledge. Property rights (IP) and integrate the United States’ innovation capabilities to achieve strategic breakthroughs. This statement reveals the complex competitive and cooperative relationship between China and the United States in the competition for the new energy industry. Jim Farley said bluntly: “China’s advantage […]
On January 15, 2025 local time, Geely Automobile was officially put into production and offline Coolray and Emgrand, which was officially launched on October 6th, Egypt. As Geely’s first CKD factory in the Middle East Africa, the factory’s production will promote the transformation and upgrading of Egyptian automobile manufacturing, bringing consumers a better new experience in smart travel. It is reported that Geely Egypt’s CKD factory is the first modern factory in Egypt’s first -line production of Egypt and SUV dual -models. It is the first to introduce laser […]
According to Reuters, on January 16, research and consulting company Gartner stated in a report that several car factories in Europe and North America may be closed or sold due to challenges such as overcapacity and price competition in car brands. Gartner said that due to stricter emission standards and potential tariff policies, auto manufacturers in Europe and North America may reduce production capacity in 2025, and the dominant position of Chinese electric vehicles will be enhanced due to its advantages in software and electrification. Pedro Pacheco, Vice President […]