Tag - electric-vehicles

 
 

ELECTRIC VEHICLES

Workers assemble a car inside BYD's first electric vehicle factory in Southeast Asia in Rayong, Thailand, on July 4.
BUSINESS / Economy
Jul 15, 2024
Thai economy faces upheaval due to factory closures
Scores of companies are shuttering in Thailand, which is bearing the brunt of cheap imports from China and factors including rising energy prices and an aging workforce.
BYD electric vehicles before being loaded onto the "BYD Explorer No.1" roll-on, roll-off vehicle carrier in Jiangsu province, China, on April 25.
BUSINESS / Markets
Jul 5, 2024
China-built EVs hit with duties in biggest EU trade case yet
The tariffs remain provisional while intensive talks continue between Chinese and EU officials as Beijing threatens wide-ranging retaliation on European products.
An LG Energy Solution battery pack for an electric vehicle using cell-to-pack technologies displayed at the InterBattery exhibition in Seoul on March 6
BUSINESS / Tech
Jul 4, 2024
LG sees battery breakthrough by 2028 that has eluded Tesla
It aims to commercialize the dry-coating technology for making electrodes that can allow savings on energy, equipment costs and space.
Chinese EV-maker Nio’s Onvo L60 SUV is unveiled in Shanghai in May. As an EV powerhouse, China should share the fruits of its success with the rest of the world.
COMMENTARY / World
Jul 3, 2024
Easy solutions to EU-China tariff dispute
The EU should see the futility of tariffs on Chinese EVs, and China should not retaliate but instead share the fruits of its success in building up its auto sector.
Hyundai Wia robotic arms on the production line at the Kia plant in Gwangmyeong, South Korea, on Jan. 3
BUSINESS
Jul 1, 2024
How one of the world's strongest car unions is dealing with EV job losses
Hyundai Motor and Kia’s moves toward electrification are provoking anxiety in South Korea’s highly active and organized labor movement.
A BYD Seal electric sedan displayed in Tokyo on Tuesday
BUSINESS / Companies
Jun 25, 2024
BYD releases third EV in Japan as sales struggle to take off
Overall, BYD's sales in Japan fell 26% in April from a year earlier, and 28% in May.
Nissan's Hyper Force at the Beijing Auto Show in Beijing on May 3
BUSINESS / Companies
Jun 23, 2024
Nissan closes car plant in China
The closure on Friday came amid the rapid spread of electric vehicles in China, which has led to serious sales slumps for Japanese automakers.
The holding lot of the Shanghai Automotive Industrial Corporation-Volkswagen joint venture in Shanghai in April 2023. As the European Union moves to impose tariffs on Chinese cars, Germany, with an auto industry deeply enmeshed with China, is stuck in the middle.
BUSINESS
Jun 23, 2024
Germany hopes to head off a trade war with China
China’s EV exports threaten European automakers, but companies like Volkswagen have extensive operations in China and fear retaliatory actions by Beijing.
Electric cars are stacked for export at the international container terminal of Taicang Port in Suzhou, China.
BUSINESS / Tech
Jun 20, 2024
Europe’s EV battery plans fade on China price war and U.S. subsidies
As electric-vehicle sales slow, companies including Volkswagen, Stellantis and Mercedes-Benz are scaling back or refocusing battery projects.
Chinese President Xi Jinping reviews the honor guard at the Great Hall of the People in Beijing last month. China is likely to adopt limited and targeted retaliation against the European Union after the bloc unveiled tariff increases on Chinese electric cars.
ASIA PACIFIC / Politics
Jun 14, 2024
China likely to retaliate in targeted ways after Europe raises levies on EVs
Beijing is expected to avoid an excessive response that encourages further trans-Atlantic alignment against China.
Shareholder approval of the $56 billion pay package serves as both an endorsement of Elon Musk's tenure and an acknowledgment that investors do not want to risk Tesla's future.
BUSINESS / Tech
Jun 14, 2024
Tesla's Musk wins shareholder approval for $56 billion pay package
The approval does not, however, resolve a lawsuit on the pay package in a Delaware court.
Honda unveiled small electric commercial van N-VAN e: on Thursday.
BUSINESS / Companies
Jun 13, 2024
Honda to start selling micro-sized electric vans in October
Honda is determined to pursue EVs despite a slowdown in global demand
A BYD Atto 3 electric SUV on the streets of Frankfurt, Germany, on Feb. 21, 2023
BUSINESS / Economy
Jun 13, 2024
EU hits Chinese EVs with tariffs, drawing rebuke from Beijing
The move comes less than a month after the U.S. announced plans to quadruple duties for Chinese EVs.
People walk in front of a BYD Auto company and Autotorino store in Milan on March 20.
BUSINESS / Tech
Jun 10, 2024
European nations compete for Chinese EV factories as EU weighs tariffs
Chinese EV makers want to set up in Europe to build their brands and save on shipping and potential tariffs.
Suzuki's eVX electric vehicle at the Japan Mobility Show in Tokyo last October
BUSINESS / Companies
Jun 7, 2024
Suzuki to stop making cars in Thailand to focus on EV shift
The 12-year-old plant in Thailand’s Rayong province, southeast of Bangkok, has an annual production capacity of 60,000 units.
Chinese electric vehicles bound for shipment at the Port of Taicang in China
BUSINESS / Tech
May 30, 2024
EU seeks roadblocks for Chinese EVs without sparking trade war
Crucially, the bloc must strike a balance with its aim for more Europeans to drive EVs as it prepares to outlaw the sale of new fossil fuel-powered cars from 2035.
Shipping containers at the port in Ningbo, China, March 27, 2024. The U.S. and Europe are trying to catch up to China’s lead in industrial policy, a rival skilled in using all the levers of government and banking to dominate global manufacturing.
ASIA PACIFIC / Politics
May 28, 2024
How China pulled so far ahead on industrial policy
In 2022, Beijing accounted for 85% of all clean-energy manufacturing investment in the world, according to the International Energy Agency.
A SAIC Motor MG EXE181 concept EV during the Beijing Auto Show earlier this year.
BUSINESS / Tech
May 27, 2024
Xi’s China EV dream came true, but 10 years on, walls are going up.
China also overtook Japan as the largest auto exporter, but such achievements are also adding to tensions with the West.
Passengers onboard a self-driving vehicle in Eiheiji, Fukui Prefecture, last year
BUSINESS / Economy
May 21, 2024
Japan targets 30% share in next-generation cars
The 30% target was included in a new strategy released by the ministries for software development for next-generation vehicles with advanced digital technologies.
Tesla is offering discounts and service improvements to appease European leasing companies upset by price cuts and repair issues.
BUSINESS / Companies
May 20, 2024
Tesla giving discounts to European fleet buyers in damage-control drive
After years of sharp growth, Tesla's global sales and profits are declining, with an 8.5% drop in deliveries during the first quarter, marking its first decrease in four years.

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