The EU voted on Friday to boost tariffs as high as 45%, arguing that Beijing provides unfair subsidies to its carmakers. Read more
The proposed duties on Chinese-built EVs of up to 45% would cost carmakers billions of extra dollars to bring cars into the bloc. Read more
In Japan, gasoline and hybrid gas-electric cars remain the dominant powertrains of choice for local consumers. Read more
Seoul’s push for battery-supplier transparency and parking lot safety could pave the way for a more resilient environment for EVs in the future. Read more
Handing out more subsidies will help expand the country’s production capacity for storage batteries by around 50%. Read more
Demand for electric vehicles in Japan has long been sluggish, and the government this year changed how EV subsidies are calculated. Read more
The company also plans to set up a large-scale data center in Europe as efficient software collection becomes paramount for cars’ intelligent driving features. Read more
The Asian giant’s push into the emerging industry draws from the formula behind its initial electric vehicle drive more than a decade ago. Read more
Exports of rare earths from China, the dominant producer, climbed 7.5% year-on-year in the first seven months of 2024, but prices still fell during that period. Read more
Over 700 people were evacuated and 23 hospitalized after an unplugged electric Mercedes-Benz sedan caught fire in a Seoul underground parking lot. Read more