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Friday 12 July 2024
BYD to invest US$1 billion in Turkish EV factory, targeting EU market
BYD reached an agreement with the Turkish government to invest $1 billion in building an electric and plug-in hybrid vehicle factory in the region. The new factory is set to start...
Friday 12 July 2024
Potential trade war as China prepares countermeasures against EU tariffs on EVs
The European Union has announced additional tariffs of up to 38.1% on electric vehicles from China.
Friday 12 July 2024
Chinese EV exports slump 13.2% in June, marking third monthly decline
According to data from the China Association of Automobile Manufacturers (CAAM), China's electric vehicle (EV) exports decreased by 13.2% in June 2024, marking the third consecutive...
Tuesday 9 July 2024
EU tariff on Chinese EVs stirs industry waters, MG holds steady
The European Union's temporary tariff on Chinese electric vehicles (EVs) kicked in on the 5th, sparking varied reactions among automakers. Despite initial assurances from Chinese...
Monday 1 July 2024
EU eyes space for energy-hungry AI data centers
As AI demand surges, data centers are consuming critical levels of energy, raising concerns about an impending energy and environmental crisis.
Thursday 27 June 2024
US, Japan, South Korea pledge closer ties on key technologies
The US, Japan, and South Korea pledged to cooperate more closely on building more resilient supply chains and developing key technologies, including semiconductors and critical min...
Thursday 27 June 2024
Anti-subsidy duties by EU on Chinese EVs led to initial negotiations between the two sides
The European Union (EU) has imposed an anti-subsidy provisional tax on Chinese EVs, with a maximum total tax rate nearing 50%, higher than market expectations.
Wednesday 26 June 2024
Don't get misled by Germany. Europe's demand for EVs stronger than anticipated
Germany terminated its EV subsidy at the end of 2023, casting a shadow over Europe's EV sales in 2024.
Tuesday 25 June 2024
India reportedly to require common charging ports for smartphones in mid-2025
Following in the footsteps of the EU's regulations, India is reportedly considering implementing a timeline for standardized charging port requirements for consumer electronics by...
Friday 21 June 2024
From Brussels to the world: EU AI Act advisor on shaping the future of AI regulation
On March 13, 2024, the European Parliament announced the passage of the "AI Act," a landmark piece of legislation set to be implemented...
Friday 21 June 2024
Why your bolts and screws now face EU carbon toll?
The global economic landscape is shifting from an era of globalization towards one of de-globalization, where geopolitics and borders...
Thursday 20 June 2024
Chinese carmakers urge tariff rise on high-displacement gasoline cars imported from EU
China might move closer to retaliating against the European Union following the bloc's tariff increase on EVs. In a recent closed-door meeting, Chinese automakers pushed its government...
Thursday 20 June 2024
Taiwan's carbon market advances with new initiatives and regulatory updates
Taiwan is making significant strides towards its net-zero emissions goal by implementing a comprehensive carbon pricing mechanism. At a recent forum, officials and industry experts...
Tuesday 18 June 2024
BYD becomes official partner of UEFA Euro 2024
BYD has been selected as the official e-mobility partner of UEFA Euro 2024, replacing Volkswagen, signifying the increasing prominence of Chinese businesses on the international st...
Monday 17 June 2024
How Chinese automakers can respond to EU's new EV tariffs and continue to grow
Chinese EV manufacturers may feel resentment toward the additional tariffs imposed by the EU, but in reality, they still have multiple options to maintain sales growth.