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Mar 06, 2025$52 Billion Subsidy At Risk! Trump Plans To Repeal The CHIPS ActAccording to Bloomberg, former U.S. President Donald Trump has called for the termination of a bipartisan $52 billion semiconductor subsidy program, which has already spurred ov... -
Mar 05, 2025Hyundai Plans To Produce Electric Vehicles in TurkeyAccording to media reports, Hyundai's factory in İzmit, Turkey, is preparing to manufacture electric vehicles. The company plans to begin producing both electric and interna... -
Mar 05, 2025Tesla Finalizes Location For Its First Store in IndiaAccording to Indian media reports, Tesla has finalized the location of its first showroom in India. The company has leased a 4,000-square-foot (approximately 371.6 square meters... -
Mar 04, 2025Mercedes-Benz And BMW Reportedly Planning To Sell Ride-Hailing Joint Venture ...According to Bloomberg, sources familiar with the matter have revealed that Mercedes-Benz Group and BMW Group are once again attempting to sell their ride-hailing joint venture,... -
Mar 04, 2025Vietnamese EV Manufacturer VinFast Lowers Prices in Domestic MarketAccording to Nikkei Asia, Vietnamese electric vehicle (EV) manufacturer VinFast will reduce prices for most of its EV models in the domestic market starting this month. The comp... -
Mar 03, 2025Volkswagen To Recall Over 60,000 Vehicles in The U.S.According to media reports, Volkswagen Group of America will recall nearly 60,500 Audi and Volkswagen vehicles from model years 2021 to 2023 due to a potential issue where the g... -
Mar 03, 2025India To Set Cap On Import Duty Exemptions For EV Charging InvestmentsAccording to Reuters, a government document reveals that India's electric vehicle (EV) policy will offer import duty exemptions to foreign automakers investing in India. How... -
Mar 02, 2025Stellantis Opposes Trump's Tariffs On Canadian And Mexican Products, Suggests...According to media reports, on February 26, Stellantis Chairman John Elkann stated during a call with analysts that the Trump administration should avoid imposing a 25% import t... -
Mar 02, 2025UK Car Production Falls Nearly 18% Year-on-Year in JanuaryAccording to a Reuters report, data released by the Society of Motor Manufacturers and Traders (SMMT) on February 27 showed that due to weak sales in major markets such as the E... -
Feb 28, 2025Škoda Plans 20% Workforce Reduction To Address EV Transition CostsAccording to media reports, Czech automaker Škoda, a subsidiary of Volkswagen Group, is planning to expand its electric vehicle (EV) lineup and aims for an 8% sales incre... -
Feb 28, 2025BMW Munich Plant To Achieve Full Electrification By 2027On the 27th, BMW Group announced at a press conference held at its Munich plant in Germany that the facility will be fully transformed into a pure electric vehicle (EV) producti... -
Feb 26, 2025He Xiaopeng: Xpeng Motors Is Confident in Becoming One Of China’s First Mass-...Recently, Xpeng Motors held the launch ceremony for its X9 model's overseas debut. On February 22, the first batch of 300 Xpeng X9 vehicles was exported from the Nansha Port...
