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 […]
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 […]
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 […]
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. […]
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 […]
As the global auto industry accelerates its transformation to electrification, the European auto industry is experiencing an unprecedented “perfect storm”. In addition to facing traditional problems such as low capacity utilization and high costs, European automakers also have to deal with the pressure of transitioning to electric vehicles (EVs) and fierce competition from Chinese automakers. […]