Tuesday, 22 April 2025

Focus on Trade

FILE PHOTO: India's Commerce Minister Piyush Goyal takes part at the panel discussion "Trade: Now what?" during the World Economic Forum 2022 (WEF) in the Alpine resort of Davos, Switzerland May 25, 2022. REUTERS/Arnd Wiegmann/File Photo
BusinessCritical MineralsElectric Vehicles (EVs)ElectricityManufacturingMiningNewsPoliticsRegulationsStorageTrade

India, US to cooperate on critical battery minerals, trade minister says

Indian Trade Minister Piyush Goyal announces supply chain cooperation agreement with the U.S. for critical minerals in EVs.

FILE PHOTO: The BYD EV Dolphin Mini is displayed as the Chinese electric-vehicle producer announces the launch of the low-cost EV in Mexico City, Mexico February 28, 2024. REUTERS/Toya Sarno Jordan/File Photo
EconomyElectric Vehicles (EVs)IndustryLegislationNewsPoliticsRegulationsTrade

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.

FILE PHOTO: A general view of Anglo American's Los Bronces copper plant in Chile, obtained by Reuters on April 26, 2024.  Anglo American/Handout via REUTERS/File Photo
BusinessCritical MineralsMiningNewsTrade

Anglo American not a sitting duck after breakup, CEO says

Anglo American's CEO Duncan Wanblad dismissed claims of an inevitable takeover after unbundling its diamond, platinum, nickel, and coal assets, focusing on copper.

FILE PHOTO: Toyota's logo is seen in their exhibition stall at Bharat Mobility Global Expo organised by India's commerce ministry at Pragati Maidan in New Delhi, India, February 1, 2024. REUTERS/Anushree Fadnavis/File Photo
BusinessEconomyElectric Vehicles (EVs)ManufacturingNewsRegulationsTrade

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.

FILE PHOTO: A Tesla logo is pictured on a car in the rain in the Manhattan borough of New York City, New York, U.S., May 5, 2021. REUTERS/Carlo Allegri/File Photo
BusinessEconomyElectric Vehicles (EVs)ManufacturingNewsRegulationsTrade

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.

A push to expand green energy output and reduce emissions has seen Chinese production of EVs and their necessary components soar (AFP)
AnalysisBusinessClimateEconomyElectric Vehicles (EVs)LegislationManufacturingPoliticsRegulationsTrade

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.

French President Emmanuel Macron said that Chinese subsidies for electric vehicles introduced a 'bias' into the market (AFP)
AutomotiveEconomyElectric Vehicles (EVs)NewsPoliticsRegulationsTrade

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.

FILE PHOTO: Tesla China-made Model 3 vehicles are seen during a delivery event at its factory in Shanghai, China January 7, 2020. REUTERS/Aly Song/File Photo
BusinessEconomyElectric Vehicles (EVs)FinanceNewsTrade

Tesla misses estimates for Q3 deliveries on stiff competition

Tesla missed third-quarter delivery expectations, reporting 462,890 vehicles, amid rising competition from China and Europe.

FILE PHOTO: European Union flags fly outside the European Commission headquarters in Brussels, Belgium, March 1, 2023. REUTERS/Johanna Geron/File Photo
EconomyElectric Vehicles (EVs)LegislationNewsPoliticsRegulationsTrade

EU support is enough to impose Chinese EV tariffs, sources say

The EU is set to vote on Friday for tariffs up to 45 per cent on Chinese-made EVs, likely increasing trade tensions with...

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