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FILE PHOTO: Journalists inspect China's BYD Atto 3 electric vehicle, during its launch ceremony in Jakarta, Indonesia, January 18, 2024. REUTERS/Willy Kurniawan
AutomotiveBusinessElectric Vehicles (EVs)NewsPoliticsTrade

Europe’s automakers fret as China EV tariff fears become reality

The European Commission's decision to slap tariffs on imported Chinese EVs could have far-reaching effects for European automakers, as a possible trade war...

A drone view shows BYD electric vehicles before being loaded onto a vehicle carrier for export to Brazil, at the port of Lianyungang in Jiangsu province, China April 25, 2024. China Daily via REUTERS
AutomotiveBusinessElectric Vehicles (EVs)FinanceNewsPoliticsRegulationsTradeTransport

EU imposes tariffs of up to 25% on Chinese EVs, FT reports

The EU will notify car makers on Wednesday that it will provisionally apply additional duties of up to 25% on imported Chinese EVs...

FILE PHOTO: An exhaust pipe is seen as a car sitting in traffic approaches the Blackwall Tunnel in London, Britain, November 18, 2020. REUTERS/Simon Dawson/File Photo
AutomotiveBusinessCourtsEmissionsNewsTransport

Carmakers face UK dieselgate lawsuits worth at least $7.6 billion, lawyers say

The claims, brought by owners of diesel vehicles, highlight the ongoing fallout for automakers from a scandal that erupted in 2015 when Volkswagen...

FILE PHOTO: Shawn Fain, President of the United Auto Workers (UAW) speaks as U.S. President Joe Biden (not pictured) joins striking members of the United Auto Workers (UAW) on the picket line outside the GM's Willow Run Distribution Center, in Belleville, Wayne County, Michigan, U.S., September 26, 2023. REUTERS/Evelyn Hockstein/File Photo
AutomotiveBusinessElectric Vehicles (EVs)LabourNews

UAW reaches tentative agreement with Ultium Cells at Ohio EV battery plant

The United Auto Workers union said on Monday it reached a tentative contract agreement with Ultium Cells in Lordstown, Ohio, where workers build...

Member of the Board of Management Volkswagen AG Technology Thomas Schmall speaks during a press conference before the groundbreaking ceremony for German carmaker Volkswagen's first battery cell production plant 'SalzGiga' in Salzgitter, Germany, July 7, 2022. REUTERS/Fabrizio Bensch
AutomotiveBusinessElectric Vehicles (EVs)FinanceNewsTransport

VW wants to prepare charging business for outside investors

VW is preparing its energy and charging division for outside investors, the carmaker's board member in charge of technology said on Friday

FILE PHOTO: A sign of battery manufacturer CATL is pictured at its booth at the Beijing International Automotive Exhibition in Beijing, China, April 25, 2024. REUTERS/Tingshu Wang/File Photo
AutomotiveBusinessElectric Vehicles (EVs)FinanceLabourNewsPoliticsTradeTransport

US lawmakers call to add China’s CATL, Gotion to import ban list, WSJ reports

Chinese battery companies CATL and Gotion High Tech should be added immediately to an import ban list, a group of Republican lawmakers said

Ola Kaellenius, CEO of Mercedes-Benz Group AG, poses for a picture at "Factory 56", one of the world's most modern electric and conventional car assembly halls of German carmaker Mercedes-Benz, in Sindelfingen near Stuttgart, Germany, March 4, 2024. REUTERS/Wolfgang Rattay/File Photo
AutomotiveBusinessEconomyElectric Vehicles (EVs)NewsPoliticsTradeTransport

Mercedes chief expects EU decision on Chinese EVs tariffs

Mercedes Benz CEO Ola Kaellenius expects a decision on EU's import tariffs on Chinese EVs soon, he said at an industry conference on...

A new analysis by Corporate Accountability found that household names including Disney, Volkswagen, Air France and many more were among brands that heavily invested in likely worthless carbon offset credits (AFP)
BusinessEconomyEmissionsEmissions MarketsFinanceNewsPoliticsVoluntary Carbon Markets (VCMs)

World’s biggest companies snap up ‘likely junk’ carbon offsets: analysis

A new analysis by Corporate Accountability found that household names including Disney, Volkswagen, Air France and many more were among brands that heavily...

A view from inside a GWM ORA 03 electric car at the dealership in Wycombe, Britain, March 26, 2024. REUTERS/Andrew Boyers/file photo
AutomotiveBusinessElectric Vehicles (EVs)NewsTransport

How China’s EV makers aim to beat legacy automakers in Europe

Chinese electric automakers BYD, Chery and GWM are preparing a fusillade of product launches in their most important export market.

FILE PHOTO: A staff member of Chinese electric vehicle (EV) maker Nio drives a Nio car as he demonstrates to media about the operation of the new battery swapping station, at a delivery center of the company, in Nanxiang, Shanghai, China March 23, 2023. REUTERS/Aly Song/File Photo
AnalysisAutomotiveBusinessElectric Vehicles (EVs)PoliticsTradeTransport

Analysis: China gears up to make a deal with Europe as EV tariffs loom

As a hike in Chinese EV tariffs across Europe looms, executives hope to strike a deal that will boost exports while letting carmakers...

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