Browsing: Subsidy
Ford Motor Company has announced a reduction in work hours at its electric vehicle (EV) manufacturing facility in Cologne, citing…
The Belgian region of Flanders is set to cancel its electric vehicle (EV) purchase premium earlier than anticipated, following overwhelming…
Chinese electric vehicle (EV) manufacturer BYD reported an 11.5% increase in net profit for the third quarter on Wednesday, reaching…
The European Union will impose increased tariffs of up to 45.3% on Chinese-made electric vehicles (EVs), concluding an anti-subsidy investigation…
The International Monetary Fund (IMF) has highlighted the profound global economic effects of the shift toward electric vehicles (EVs), emphasizing…
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…
Global sales of fully electric and plug-in hybrid vehicles (EVs) rose 30.5% year-on-year in September, bolstered by record numbers in…
EU Faces ‘Formidable Challenge’ in Talks with Beijing on EV Import Prices to Avoid Tariffs
The European Union’s ongoing negotiations with China on setting minimum import prices for electric vehicles (EVs) face significant hurdles, according…
Lilium, the Munich-based developer of flying taxis, is facing a significant hurdle as the German government is unlikely to provide…
China’s new energy vehicle (NEV) sales experienced significant growth last month as the market entered its peak season. The China…
China and EU Continue Consultations Over Anti-Subsidy Investigation into Chinese Electric Vehicles
China and the European Union (EU) are maintaining dialogue over the EU’s ongoing anti-subsidy investigation into Chinese electric vehicles (EVs),…
EU Rejects China’s Proposal for €30,000 Minimum Price on Imported Electric Vehicles – Report
The European Commission has rejected a proposal from the Chinese government to introduce a minimum price of 30,000 euros ($32,946)…
China’s Ministry of Commerce (MOFCOM) has expressed strong opposition to the European Union’s decision to impose additional tariffs on electric…
Horace Luke, CEO of Taiwanese electric scooter maker Gogoro, has stepped down amid ongoing financial difficulties and allegations of subsidy…
Chinese Minister of Commerce Wang Wentao and European Commission Executive Vice President and Trade Commissioner Valdis Dombrovskis have agreed to…
Volvo Cars UK is broadening its EX30 lineup with the introduction of the new entry-level ‘Core’ specification. The new addition…
The China Association of Automobile Manufacturers (CAAM) has voiced strong dissatisfaction with the European Union’s imposition of anti-subsidy tariffs on…
In a bid to sway negotiations, Germany’s VDA automotive association has appealed to the European Commission to abandon its planned…
China Criticizes European Commission Over Unprecedented Information Requests in EV Probe
China’s commerce ministry has criticized the European Commission for its handling of an eight-month anti-subsidy probe into Chinese automakers, calling…
A recent survey conducted by the China Chamber of Commerce to the EU and the China Economic Information Service revealed…