Browsing: Subsidies
The European Union and China are reportedly approaching a resolution on tariffs for Chinese electric vehicle (EV) imports, according to…
STMicroelectronics (ST) has pushed back its long-term financial targets, now aiming to hit annual revenue of $20 billion and an…
Chinese electric vehicle (EV) maker Xpeng expects to reach breakeven by late 2025, driven by robust demand for its new…
Ample, a startup focused on revolutionizing electric vehicle (EV) infrastructure with battery swapping technology, has raised $25 million in a…
LG Magna e-Powertrain, a joint venture between LG Electronics and Magna International, is planning workforce reductions to address a slowdown…
The European Union is introducing new regulations aimed at ensuring that Chinese companies invest and share technological expertise in Europe.…
Tesla has reduced the monthly lease price for its Model Y Long Range, marking the latest in a series of…
At the start of the year, there was optimism surrounding the future of the electric StreetScooter delivery van, especially after…
China has formally requested consultations with the European Union (EU) through the World Trade Organization (WTO) to address what it…
Rwanda’s Ministry of Infrastructure has announced a landmark policy to cease the registration of petrol-powered motorcycles for public transport in…
Tesla has introduced a new incentive in China, offering customers the chance to win a tour of its Giga Shanghai…
Europe must invest €39 billion ($42.46 billion) annually to meet its net zero emissions targets in the transport sector by…
France Proposes EU-Wide Subsidies for Electric Cars, Seeks Adjustments to CO2 Targets
French Industry Minister Marc Ferracci is advocating for a comprehensive aid package to bolster Europe’s car industry, calling for coordinated…
China’s commerce ministry confirmed Friday that representatives from the European Union will visit China to negotiate price commitments related to…
The German Hydrogen Association (DWV) is set to undergo leadership changes in the wake of a lobbying scandal involving hydrogen…
Chinese electric vehicle (EV) manufacturer BYD reported an 11.5% increase in net profit for the third quarter on Wednesday, reaching…
China’s SAIC Motor (600104.SS) announced plans to file a lawsuit at the European Union’s Court of Justice after the EU…
EU’s Top Five Nations Spend €42 Billion Annually Subsidizing Fossil-Fuel Company Cars: Study
A recent study commissioned by environmental group Transport & Environment (T&E) reveals that the European Union’s five largest economies spend…
German Chancellor Olaf Scholz stated that German automakers should not be intimidated by competition from China in the electric vehicle…
Poland Secures €1.4 Billion EIB Approval for E-Mobility Initiatives, Aims to Boost Heavy Electric Vehicle Adoption
Poland has received approval from the European Investment Bank (EIB) for subsidy programs totaling 6 billion zlotys (approximately 1.4 billion…