Focus on Economy
Trump says no state would be allowed to ban gas-powered cars if he is elected
Republican presidential candidate Donald Trump says if he is elected in November, no state will be able to ban gas-powered cars or trucks.
Germany to vote against EU tariffs on Chinese electric vehicles, sources say
Germany will vote against EU tariffs on Chinese electric vehicles, sources tell Reuters; government spokesperson declines to comment.
Wind energy lobby says Spain needs more wind power, faster
Spain needs to accelerate wind energy projects to meet its 2030 target of 62 GW, double the current capacity of 31 GW.
Uber ties up with Avride for food deliveries, robotaxi rides
Uber partners with autonomous startup Avride for food deliveries and robotaxi services, expanding its self-driving network.
US offers EVgo conditional $1.05 billion loan for EV chargers
U.S. offers EVgo a $1.05 billion loan guarantee to build 7,500 EV chargers, focusing on marginalized urban communities.
China could cut CO2 by a third by 2035 with new UN targets, think tank says
China could cut carbon emissions by a third by 2035, aligning with Paris Agreement goals, if it adopts more ambitious climate targets.
Toyota to delay US EV production to 2026 amid slowing sales, Nikkei reports
Toyota delays North American EV production to early 2026 due to design changes and slowing demand, impacting its Kentucky plant.
Tesla discontinues most affordable Model 3 variant in US
Tesla has discontinued the most affordable Model 3 sedan in the U.S. due to rising tariffs and ineligibility for tax credits.
Climate change, economics muddy West’s drive to curb Chinese EVs
Experts argue the West cannot afford to support its stagnating car industry while pushing for ambitious climate goals.
Macron backs Chinese EV tariffs as Scholz calls for dialogue
French President Emmanuel Macron reaffirmed his support for EU tariffs on Chinese electric vehicles, during a visit to Berlin on Wednesday.
