According to Reuters, US government officials, industry experts, and sources said that whether Trump or Harris serves as the next US president, it is expected that new measures will take new measures to slow down the imported chips, smart cars and other products from China. At the same time, it will further limit the manufacturing equipment for export chips and artificial intelligence chips that are highly valued. Former US National Security Council official Peter Harrell said that China and the United States are competing fiercely in science and technology such as data, software and interconnection equipment. Last month, the United […]
South Africa’s car exports fell significantly in October 2024, mainly due to the increasingly stringent EU carbon emission standards for cars. According to data from the South African Automobile Industry Association (NAAMSA), South Africa’s car exports in October fell 42.6% from the same period last year to just 17,324 units. The decline reflects the slowdown in demand in the EU market, especially against the backdrop of the EU’s stricter new carbon emission regulations. The EU will gradually implement a series of strict carbon emission standards from 2023, requiring all cars imported into the region to meet lower carbon dioxide emission limits. This policy change has a direct impact on […]
According to Reuters, the Italian Economic Minister of Economy Giancarlo Giorgetti released this month’s budget show that Italian Prime Minister Giorgia Meloni plans to cut about 4.6 billion euros of 5.8 billion euros in the Italian automotive industry from 2025 to 2030 from 2025 to 2030. (About $ 5 billion), the move has caused widespread criticism. This budget will be approved by the Italian Parliament by the end of December, and it may still be changed before that. It is reported that most of the reduced subsidies were concentrated between 2028 and 2030. The Italian government plans to […]
According to Reuters, on October 28, the US Department of Energy finally finalized a loan of 2.26 billion US dollars to fund lithium miners Lithium Americas to build the THACKER PASS Lithium Mining Project in Nevada. This is the US government conducted in the mining field. One of the biggest investments is also part of the widespread efforts to promote key mineral production. The loan has been temporarily approved by the US government in March this year. It is a key part of US President Joe Biden’s reduction in China (the world’s largest electric […]
Tesla announced today that its first store in Metro Manila, the capital of the Philippines, will hold a media open house on November 8 and officially open to the public on November 9. The store is located in Uptown Bonifacio Shopping Center in Taguig City and is part of the company’s expansion in the Southeast Asian market. Earlier this year, Tesla started construction of the store in the metropolitan area of the Philippines. The opening of the store marks Tesla’s further layout in the Philippine market and demonstrates its growth potential in Southeast Asia. Although Tesla has not yet announced the first batch of models to be launched, industry […]
According to Reuters, on October 29, a study conducted by the German Automotive Industry Association (VDA) commissioned research institution Prognos showed that German jobs would decrease by 186,000 by 2035, of which from 2019 to 2023, Germany The job has been reduced by 46,000, which is mainly due to the transformation of the German automotive industry to electric vehicles. VDA said that due to high electricity prices, high tax rates, and bureaucratic style, the German automotive industry is gradually losing global competitiveness. VDA pointed out that, compared with American or Chinese competitors, German companies have three times higher […]