Recent reports from Europe points to German automaker Audi moving some vehicle manufacturing to the U.S. to avoid the newly-enacted tariffs by the Trump administration. Audi, Volkswagen and Porsche are all part of the Volkswagen Group, which also sports other boutique brands such as Bentley and Lamborghini. Audi and Porsche vehicles are assembled in…
On Wednesday, United States President Donald Trump imposed sweeping reciprocal tariffs on the US’s trading partners. The day was termed “Liberation Day” by Trump, who signed an executive order imposing a flat 10 percent tariff on almost all nations and then additional tariffs on those countries that the US accuses of charging higher levies on…
China’s automakers could be among the surprising beneficiaries of United States President Donald Trump’s trade war as a 25 percent tariff on imported vehicles and auto parts takes effect on Thursday, analysts say. The White House has argued the tariff is necessary to protect the US auto industry and strengthen the country’s industrial base and…
An electric vehicle control systems researcher, Xu Fuguo, has left a high-profile 4.5 billion yen (US$30 million) Japanese government-funded project and joined Dalian University of Technology in northeastern China amid intensifying global competition in the EV sector. Xu, whose decade-long career in Japan included pioneering research for Toyota and leadership roles in landmark automotive projects,…
Delray Beach, FL, March 12, 2025 (GLOBE NEWSWIRE) — EV market size is projected to grow from USD 396.49 billion in 2024 to USD 620.33 billion by 2030, at a CAGR of 7.7%, as per the recent study by MarketsandMarkets™. A combination of environmental, economic and technological factors is propelling the global market for electric…
Shanghai Newsroom | Reuters Volvo backtracks on EV pledge, as other automakers have done the same Volvo has revised its plan to transition fully to electric vehicles by 2030, as others in the industry have made similar moves. Straight Arrow News Japan’s Toyota 7203.T began selling a $20,000 smart electric car in China this week, aiming to…
Several significant companies that provide differential gearboxes, shafts, and reducer housing for electric vehicles are growing their investments around the globe especially in developing regions. During the forecast period, the expansion of the electric vehicle market is also expected to provide significant opportunities for EV component manufacturers of the electric vehicle speed reducer. NEWARK, Del,…
We recently compiled a list of the 5 Best EV Stocks for 2025. In this article, we are going to take a look at where Stellantis N.V. (NYSE:STLA) stands against the other EV stocks. The automotive industry is on a steady growth path, with the electric vehicle (EV) segment leading the charge. Growing momentum and technological…
New York (CNN) — The Trump administration is threatening a 25% tariff on all imports from Canada and Mexico as soon as Saturday — a move that would almost immediately impact car dealerships and factories in the United States. The tariffs would add a minimum of thousands of dollars to the cost of cars, according…
BEIJING, Dec. 16, 2024 /CNW/ — In 2024, multiple intelligent NEVs were unveiled in China, many of which are equipped with Huawei’s intelligent automotive solutions. The Voyah Dream MPV from Dongfeng’s Voyah brand is the first to feature Huawei’s ADS 3.0 intelligent driving system. The Deepal L07 from Chang’an Auto uses Huawei’s basic intelligent driving…