China’s Commerce Ministry promises to take ‘all necessary measures’ to protect the interests of Chinese firms. The European Union has decided to sharply raise tariffs on Chinese-made electric cars, prompting an angry response from Beijing. The tariffs of up to 45.3 percent will take effect on Wednesday after an inquiry concluded that Beijing was undercutting … Read more
Japanese carmakers have struggled to keep up with their Chinese rivals in the fast-growing EV market. Japan’s Nissan and Honda have agreed to study the possibility of a partnership focused on electric vehicles, as the carmakers struggle to challenge the dominance of Chinese manufacturers. Nissan and Honda’s potential partnership will focus on technology that helps … Read more
General Motors will launch 10 electric vehicles (EVs) for the South Korean market by 2025, but has no plans yet to manufacture EVs in the country, Steven Kiefer, the head of GM’s international operations said on Friday. The No. 1 US automaker, which warned last year that persistent industrial action was preventing further investment in … Read more