auto tariffs – Charm

tesla: Elon Musk’s Tesla’s global market share drops: Fierce EV competition hits sales in Europe and China

Cs news5 months ago06 mins

Elon Musk‘s Tesla experienced a significant drop in global market share in January, with sales plummeting in key regions, according to media reports.Despite continued demand for electric vehicles (EVs), Tesla’s performance was overshadowed by rising competition, particularly from Chinese brands. Meanwhile, the broader European EV market grew by 33 per cent, highlighting Tesla’s struggle against…

China’s auto subsidies underpin EV sales during New Year holiday

Cs news6 months ago6 months ago04 mins

By: Bloomberg | Updated on: 04 Feb 2025, 09:16 AM China’s electric vehicle makers enjoyed a busy January as the extension of trade-in subsidies helped underpin sales during the usually quieter Lunar N … China’s electric vehicle makers enjoyed a busy January as the extension of trade-in subsidies helped underpin sales during the usually quieter…

China urges U.S. to halt “unreasonable suppression” amid proposed ban on Chinese software in vehicles

Cs news10 months ago09 mins

China has strongly urged the United States to stop what it describes as “unreasonable suppression” of its companies. This follows U.S. proposals to ban Chinese software and hardware in vehicles due to national security concerns. The Chinese Ministry of Commerce criticized the U.S. government’s move, labeling it protectionist and a violation of fair competition and…