According to foreign media reports, on March 14, Samsung SDI, a battery and electronic materials manufacturer, said it will raise 2 trillion won (US$1.4 billion) by selling new shares to provide financial support for its battery facilities in the United States and Europe and the research and […]
According to foreign media reports, Ferrari CEO Benedetto Vigna said at a media event held in Singapore that the company is ready to deal with possible tariffs imposed by the United States on European automakers. “We have some responses in response to […]
BMW recently told U.S. dealers that the company will bear the added tariff costs of importing vehicles from Mexico to the United States in at least the next few weeks. The German automaker said in a notice sent to dealers […]
According to Reuters, U.S. electric car maker Tesla has issued a warning that the company and other major U.S. exporters may face countermeasures, which may be a response to U.S. President Donald Trump’s tariff policy. Trump is […]
According to foreign media reports, Toyota Motor said on March 12 that, including its high-end brand Lexus, the company will launch a total of 9 pure electric vehicles in the European market in 2025 and 2026 to gain a place in the huge European electric vehicle market. […]
According to foreign media reports, Maserati, a luxury car brand under the Strattis Group, announced on March 11 that it has cancelled its plan to launch an electric MC20 sports car due to poor expectations of poor demand. A Maserati […]