Focus on Automotive
US announces details on higher China tariffs, some to start Aug 1
The US Trade Representative's office on Wednesday said some of the steep tariff increases on Chinese imports will take effect on August 1
China should hike tariffs on large cars to 25%, says research body
China should raise its import tariffs on large gasoline-powered cars to 25%, according to a government-affiliated auto research body expert
Stellantis CEO: ‘very tough’ battle ahead against Chinese rivals
Stellantis CEO anticipates a major battle with Chinese rivals in the European market for EVs and significant social consequences as a result
Xpeng shares surge on EV tech service, upbeat comments on self-driving tech
Shares in EV maker Xpeng jumped Wednesday driven by revenue growth from research and development and goals for gains in self-driving tech
Turkey bets on Togg to give its car industry electric edge
Togg EVs are part of President Erdogan's plan to turn carmaker into a source of national pride and a hub for Europe's electric...
Istanbul’s century-old streetcar gets a makeover with battery-powered trams
New battery-powered trams in Istanbul, from their wooden floor to their reversible seats, stay faithful to the look of their predecessors.
Slowing EV uptake may delay Panasonic’s EV battery expansion, CEO says
A slowdown in the take-up of electric vehicles in the U.S. may prompt Tesla-supplier Panasonic to delay investing in additional plants to boost...
Biden releasing 1 million barrels of gasoline from Northeast reserve in bid to lower prices at pump
The Biden administration said Tuesday it is releasing 1 million barrels of gasoline from a Northeast reserve established after Superstorm Sandy in a...
PepsiCo expands EV fleet across California
PepsiCo to expand its EV fleet in California with the introduction of 50 Class 8 Tesla Semi trucks and 75 Ford E-Transit electric...
Toyota mulls over $500 million investment into Texas plant
Toyota Motor's North America arm is seeking tax relief for a potential $531.7 million investment in its Texas facility
