On October 4, representatives of EU member states voted to adopt the draft final ruling on the EU electric vehicle countervailing case submitted by the European Commission, proposing to impose a final countervailing duty on electric vehicles originating in China. In response, Geely Holding Group said that the […]
The Chinese side is studying raising tariffs on imported large-displacement fuel vehicles and will start imposing tariffs on European exports of brandy after EU member states voted to adopt the draft final ruling on the EU’s countervailing case on electric vehicles, which may further escalate the trade conflict […]
NIO has signed a strategic cooperation agreement with its strategic investor CYVN to establish an advanced technology R&D center in Abu Dhabi, UAE. This center will focus on smart driving and artificial intelligence technology development, further expanding NIO’s global R&D footprint and fostering technological innovation in the Middle East and North Africa (MENA) region. Additionally, […]
China and Europe’s auto manufacturing industry, the urgent need to construct a new common interests. “The EU’s vote did not take into account (China’s possible launch of) punitive tariffs! Can not start a trade war, (disputes) need to be resolved through negotiations.” Local […]
According to Reuters, on October 4, Waymo, a subsidiary of Alphabet, announced a partnership with South Korean automaker Hyundai to expand its autonomous taxi fleet in the U.S. As part of this collaboration, Waymo will integrate Hyundai’s electric vehicles into its fleet, starting with the Hyundai IONIQ 5 SUV. The IONIQ 5s equipped with […]
Sales of new electric or hybrid vehicles in Brazil are expected to surpass sales of internal combustion engine vehicles in 2030, according to a study released on Sept. 27 by the Brazilian Automobile Manufacturers Association (Anfavea), Reuters reported. Brazil is the eighth-largest auto […]