The European Commission has opened a preliminary investigation into whether Chinese electric vehicle (EV) giant BYD received unfair government subsidies for its planned factory in...
Since 2019, China's new energy vehicle market has rapidly expanded to comprise half of new car sales by 2024, though this has complicated the used car market. Meanwhile, Europe's...
With the European Union (EU) increasing tariffs on Chinese electric vehicle (EV) imports, BYD is ramping up its localization efforts to minimize the impact. The company is evaluating...
Taiwan's leading automotive fastener manufacturer, Spec Products Corp, maintains strong confidence in its US market competitiveness despite current tariff policies. The US represents...
US President Donald Trump has announced plans to impose a 25% tariff on imported automobiles, pharmaceuticals, and semiconductor chips, a decision that could disrupt global supply...
Starting in 2024, Europe and the US have set up trade barriers against imports of battery electric vehicles (BEV) from China. However, Chinese automakers have shifted their export...
Chinese automakers are shifting their export focus from battery electric vehicles (BEV) to plug-in hybrid EVs (PHEV), as they seek to circumvent the trade barriers. But their attempts...
Europe's industrial control and automotive sectors remain sluggish, with weak demand and excess inventory likely delaying recovery until the second quarter of 2025, according to IDMs...
The European Union's Carbon Border Adjustment Mechanism (CBAM), a pioneering global carbon tariff, will begin charging extra costs on carbon-intensive industries—including steel,...
Two of China's largest state-owned automotive enterprises have announced plans for a strategic reorganization. Dongfeng Motor Corporation and Changan Automobile (Changan), both under...
The US and UK were among the countries that declined to sign the final statement released on February 11 from the AI Summit hosted by France that called for promoting international...
With global environmental regulations becoming stricter and trade barriers rising, the recycled plastics industry is experiencing significant changes. The EU's tougher environmental...
US President Donald Trump's new tariffs on Canada, Mexico, and China escalate global trade tensions, potentially extending to the EU. India, not yet targeted, stands to benefit as...
The EU convened a non-official defense summit on February 3, 2025, focusing on strengthening Europe's military capabilities against Russia and other threats. Given the pressing need...
The European Union faces mounting pressure to recalibrate its automotive policies amid unprecedented industry challenges. These include potential tariffs under US President Donald...
