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China’s Geely Feels Tariff Pain Across Sprawling Empire
Bloomberg· 4 hours agoInternational brands Volvo, Polestar and Smart get caught up in escalating trade tensions.
Geely-affiliated EV maker Polestar reportedly lays off 30% of China staff · TechNode
TechNode· 6 hours agoThe move is expected to have a significant impact on its local car manufacturing activities. The...
WTO chief warns against global trade breakdown
BBC via Yahoo Canada News· 8 hours agoExports jumped from $1.6bn in value in 2020 to $11.5bn last year, according to one study, which said they now made up 37% of all EV imports into the EU....
Rechargeable Cars Are Gradually Taking Over China
InsideEVs· 20 hours ago816,875 new passenger plug-in electric cars were registered in China in May. That's 33% more than a year ago. The market share improved to 47%,
Waymo's robotaxis are better than some San Francisco drivers
Business Insider via Yahoo Canada News· 1 day agos robotaxi fleet is limited to the all-electric Jaguar I-PACE SUVs, which have a maximum of four...
A key part of America’s economy has shifted into reverse
CNN Business via Yahoo Finance Canada· 1 day agoAmerica’s services sector is losing steam at a time when it’s highly unclear whether the broader job...
Europe is slapping tariffs on Chinese electric vehicles — for now. Here's what to know
Los Angeles Times· 1 day agoThe European Union is imposing sharply higher customs duties on electric vehicles imported from...
Tesla EVs added to Chinese province’s procurement list
Automotive News· 2 days agoTesla Inc.’s locally built cars in China have made it onto a provincial government’s procurement list, meaning that Communist Party workers can buy them for official use for the first time.
China Gives EV Automakers Grants, Incentives, Cheap Loans And Batteries, EU Report Finds
Carscoops· 2 days agoThe EU’s new tariffs on Chinese EVs arriving on the continent came into force on Friday, July 5. The Commission broke down the amount of help each automaker received to determine what level of tariff it would apply.
Geely to launch Zeekr EV brand in Korea
Automotive News· 3 days agoGeely Automobile Holdings plans to introduce its first premium electric vehicle to South Korea as early as 2026, joining a wave of Chinese carmakers hoping to penetrate a ...
