Northvolt files for bankruptcy in Sweden
Swedish electric car battery maker Northvolt has filed for bankruptcy in Sweden after failing to secure financing to enable it to continue operations, the struggling company said Wednesday...
Tags : electric car
Chinese firms take on EV truck challenges
Dominant in the electric car sector, Chinese companies have been quietly consolidating their position in the lesser-watched trucking scene 鈥� but foreign tariffs and a perceived quality gap could signal roadblocks ahead, experts warn...
Beijing files WTO complaint over EU鈥檚 new taxes on Chinese EVs
Beijing said Wednesday it had lodged a complaint with the World Trade Organization over the European Union鈥檚 decision to impose hefty tariffs on Chinese-made electric cars...
EU states greenlight extra tariffs on EVs from China
EU countries gave a definitive green light on Friday to hefty additional tariffs on electric cars made in China, despite German warnings that it will spark a trade war with Beijing.
EU states plan Friday vote on Chinese EV tariffs
EU member states are expected to vote on whether to slap hefty tariffs on imported electric cars from China on Friday, European diplomats said on Monday...
China, EU to hold talks on electric car tariffs September 19
China鈥檚 commerce minister Wang Wentao will head to Brussels for talks with the EU鈥檚 trade chief next week as Beijing makes a last-ditch effort to stop tariffs on Chinese electric cars, officials said Thursday...
Norway鈥檚 electric car sales set new world record
Electric car sales in Norway took a 94-per cent share of the market in August 鈥� a new world record 鈥� statistics showed Monday, as sales in the rest of Europe stagnate...
Chinese EV giant BYD posts 24.4pc rise in profit
Leading Chinese automaker BYD posted on Wednesday a 24.4 per cent rise in net profit for the first half of 2024, boosted by continuing strong demand for electric cars in its home and overseas markets...
Canada slaps 100pc tariffs on Chinese electric vehicles
Canadian prime minister Justin Trudeau announced Monday 100 per cent tariffs on Chinese electric car imports, matching US measures seeking to fend off a flood of Chinese state-subsidized cars into North America...
EU slaps Chinese EVs with tariffs of up to 38pc
The European Union on Thursday slapped extra provisional duties of up to 38 per cent on Chinese electric car imports because of 鈥榰nfair鈥� state subsidies, despite Beijing鈥檚 warnings the move would unleash a trade war...
EU, China open talks over EV tariffs
EU and China trade chiefs held 鈥榗andid and constructive鈥� talks on Saturday over plans from Brussels to ramp up tariffs on Chinese electric cars, and the two sides will hold further consultations, the EU said...
Ferrari eyes EV future with solar-powered factory
Italian luxury carmaker Ferrari on Friday inaugurated a new solar-powered factory at the group鈥檚 historic Maranello site, where its much anticipated wholly...
Top German minister on peace mission amid China EV tariffs row
Germany鈥檚 Vice Chancellor Robert Habeck was to arrive in Beijing on Friday on a last-ditch mission to avoid a damaging trade war with China after the...
Tesla breaks ground on huge Shanghai battery plant
Tesla broke ground on a massive battery factory in Shanghai on Thursday, Chinese state media reported, making it the US electric car giant鈥檚 second plant in the financial hub...
Tesla wins key China security clearance during Musk visit
Tesla received a key security clearance from China during Elon Musk鈥檚 whistlestop visit to the world鈥檚 biggest electric car market, which wrapped up on Monday...