Tesla Stock Soars 44% in Record-Breaking RallyTesla’s Mega Factory profit from manufacturing large-capacity storage batteries is estimated to be equivalent to the profit from selling one million Tesla vehicles. On the 10th, Morgan Stanley raised its valuation for Tesla’s energy storage business, anticipating a surge in global electricity demand due to the AI boom and Tesla’s potential market share growth in […]
Tesla Loses Home Advantage: U.S. Market Share Drops Below 50%According to Cox Automotive, Tesla's share of the U.S. EV market for the second quarter (April-June) was preliminarily estimated at 49.7%.
From Local to Global: Chinese Cars Accelerate on the World StageChina surpassed Japan last year to become the world’s largest car exporter. It continues to show strong growth in its car exports in the first half of this year. Chinese automakers are speeding up the construction of overseas factories to avoid tariff barriers set up by the West, such as the European Union (EU), propelling […]
Hyundai Under Fire: U.S. Dealers Sue Over Faking Sales Data for Electric CarsHyundai Motor has been sued in the United States for allegedly manipulating electric vehicle (EV) sales figures.
Trudeau Takes Stand: Blocking Chinese EV Factories in CanadaCanada appears set to block the establishment of Chinese EV factories within its borders, presumably a regulatory move against China.
Tesla Surprises with Stronger-than-Expected Q2 Deliveries, Stocks Soar 10%Tesla's shares soared nearly 10% after the company reported better-than-expected second-quarter vehicle production and delivery numbers.
Ford: We’ll Launch A $30,000 Electric Vehicle in 2027Ford CEO Jim Farley is attracting attention by revealing that he plans to launch a low-cost electric vehicle (EV) priced at $30,000 in 2027.
46% of American EV Owners Might Go Back to Gas-Powered Vehicles46% of American EV owners responded that they intend to switch to a gas-powered car in their next purchase, according to a recent survey.
Volkswagen Backs Rivian with $5 Billion: New Era for Electric Vehicles BeginsVolkswagen Group announced Tuesday that it is establishing a joint venture with Rivian for next-generation electric vehicles.
Ferrari's First EV Comes With a $535,000 Price TagAn inside source shared with Reuters that Ferrari’s first electric vehicle (EV) will cost at least $535,000. The luxury automaker is preparing to open a plant that will make the model, which could boost group production by up to a third. Ferrari’s first EV is scheduled to be launched in the second half of 2025. […]
Canada Mulls Tariffs on Chinese EV Amid Global PressureThe Canadian government is considering imposing tariffs on Chinese EVs, following the United States and the European Union (EU) lead.
Fisker's Bankruptcy Shocks Electric Vehicle IndustryFisker has filed for bankruptcy protection. Amid a slowdown in the unexpected surge in demand for electric cars and the sluggish growth.
China's EV Exports to Europe Hit by New Tariffs Starting JulyThe impact of European tariffs on Chinese electric vehicle (EV) companies will be implemented in July. According to the China Passenger Car Association (CPCA), retail sales of EVs increased 38.6% from the last year reaching 804,000 units. Cumulative sales in May were 3.249 million units with a 34.2% increase compared to the previous year’s performance. […]
Georgia Governor Promises Fast-Track Support for Hyundai's New U.S. PlantTop executives of Hyundai Motor Group’s key affiliates explored ways to strengthen cooperation with Governor Brian Kemp of Georgia, who visited South Korea. Amidst Hyundai Motor Group’s large-scale investments such as building a new electric vehicle (EV) factory, Metaplant America (HMGMA) in Georgia, the state showed its willingness to expand investment support including early operation. […]
Pork Politics: China's Latest Trade Move Against the EUChina announced on June 17 that it has launched an anti-dumping investigation into pork and pork by-products from the European Union (EU). The Chinese Ministry of Commerce has hinted at retaliatory measures, including countermeasures after the EU announced provisional measures to impose a tariff bomb on Chinese electric vehicles. The Chinese Ministry of Commerce announced […]
China Warns of Long-Term Impact on EU Economy from New EV TariffsIn response to the European Union’s (EU) announcement of imposing additional tariffs on Chinese-made electric vehicles (EVs), China has hinted at a strong countermeasure, stating that “this action will harm the interests of the EU.” According to Chinese media outlets on the 16th, the National Development and Reform Commission (NDRC), the department overseeing China’s economic […]
Sustainable and Strong: New EV Batteries Cut CO2 Emissions by 20%!On June 7, 2024, British battery technology company Integral Power announced that they had developed a new cathode material that increases the driving range of electric vehicle (EV) batteries, reduces charging time, and enhances durability. Integral Power claims that its self-developed LFP and LFMP (Lithium Iron Phosphate and Lithium Manganese Iron Phosphate) can increase energy storage […]
BYD Stock Surges Despite New EU TariffsAP Newsis NH Investment & Securities stated on the 14th that the stock price of BYD has surged despite Europe imposing additional tariffs on Chinese electric vehicles (EVs). The firm analyzed that the impact of these measures on earnings is projected to be limited, and attention should be paid to the company’s competitiveness. The European […]
Trade War Escalates As EU Slaps Hefty Tariffs on Chinese EVsAmid the European Union (EU) threatening to impose a tariff bomb of up to 48% on Chinese electric vehicles (EVs), China has embarked on the countdown for retaliatory measures. There are suggestions that retaliatory tariffs might be imposed on products including dairy and pork from the EU. On the 13th, the Spokesperson for the Ministry […]
Hungary Condemns EU Tariff Proposal on ChinaThe Hungarian government is opposing Europe’s regulation of Chinese electric vehicles. Just hours after the European Commission announced on the 12th that it would impose tariffs on imported Chinese electric vehicles, Hungary declared it does not agree with Europe’s regulation of Chinese electric vehicle manufacturers. In a press release, the Ministry of Foreign Affairs stated, […]
Tesla Stock Soars 44% in Record-Breaking Rally Tesla’s Mega Factory profit from manufacturing large-capacity storage batteries is estimated to be equivalent to the profit from selling one million Tesla vehicles. On the 10th, Morgan Stanley raised its valuation for Tesla’s energy storage business, anticipating a surge in global electricity demand due to the AI boom and Tesla’s potential market share growth in […]
Tesla Loses Home Advantage: U.S. Market Share Drops Below 50% According to Cox Automotive, Tesla's share of the U.S. EV market for the second quarter (April-June) was preliminarily estimated at 49.7%.
From Local to Global: Chinese Cars Accelerate on the World Stage China surpassed Japan last year to become the world’s largest car exporter. It continues to show strong growth in its car exports in the first half of this year. Chinese automakers are speeding up the construction of overseas factories to avoid tariff barriers set up by the West, such as the European Union (EU), propelling […]
Hyundai Under Fire: U.S. Dealers Sue Over Faking Sales Data for Electric Cars Hyundai Motor has been sued in the United States for allegedly manipulating electric vehicle (EV) sales figures.
Trudeau Takes Stand: Blocking Chinese EV Factories in Canada Canada appears set to block the establishment of Chinese EV factories within its borders, presumably a regulatory move against China.
Tesla Surprises with Stronger-than-Expected Q2 Deliveries, Stocks Soar 10% Tesla's shares soared nearly 10% after the company reported better-than-expected second-quarter vehicle production and delivery numbers.
Ford: We’ll Launch A $30,000 Electric Vehicle in 2027 Ford CEO Jim Farley is attracting attention by revealing that he plans to launch a low-cost electric vehicle (EV) priced at $30,000 in 2027.
46% of American EV Owners Might Go Back to Gas-Powered Vehicles 46% of American EV owners responded that they intend to switch to a gas-powered car in their next purchase, according to a recent survey.
Volkswagen Backs Rivian with $5 Billion: New Era for Electric Vehicles Begins Volkswagen Group announced Tuesday that it is establishing a joint venture with Rivian for next-generation electric vehicles.
Ferrari's First EV Comes With a $535,000 Price Tag An inside source shared with Reuters that Ferrari’s first electric vehicle (EV) will cost at least $535,000. The luxury automaker is preparing to open a plant that will make the model, which could boost group production by up to a third. Ferrari’s first EV is scheduled to be launched in the second half of 2025. […]
Canada Mulls Tariffs on Chinese EV Amid Global Pressure The Canadian government is considering imposing tariffs on Chinese EVs, following the United States and the European Union (EU) lead.
Fisker's Bankruptcy Shocks Electric Vehicle Industry Fisker has filed for bankruptcy protection. Amid a slowdown in the unexpected surge in demand for electric cars and the sluggish growth.
China's EV Exports to Europe Hit by New Tariffs Starting July The impact of European tariffs on Chinese electric vehicle (EV) companies will be implemented in July. According to the China Passenger Car Association (CPCA), retail sales of EVs increased 38.6% from the last year reaching 804,000 units. Cumulative sales in May were 3.249 million units with a 34.2% increase compared to the previous year’s performance. […]
Georgia Governor Promises Fast-Track Support for Hyundai's New U.S. Plant Top executives of Hyundai Motor Group’s key affiliates explored ways to strengthen cooperation with Governor Brian Kemp of Georgia, who visited South Korea. Amidst Hyundai Motor Group’s large-scale investments such as building a new electric vehicle (EV) factory, Metaplant America (HMGMA) in Georgia, the state showed its willingness to expand investment support including early operation. […]
Pork Politics: China's Latest Trade Move Against the EU China announced on June 17 that it has launched an anti-dumping investigation into pork and pork by-products from the European Union (EU). The Chinese Ministry of Commerce has hinted at retaliatory measures, including countermeasures after the EU announced provisional measures to impose a tariff bomb on Chinese electric vehicles. The Chinese Ministry of Commerce announced […]
China Warns of Long-Term Impact on EU Economy from New EV Tariffs In response to the European Union’s (EU) announcement of imposing additional tariffs on Chinese-made electric vehicles (EVs), China has hinted at a strong countermeasure, stating that “this action will harm the interests of the EU.” According to Chinese media outlets on the 16th, the National Development and Reform Commission (NDRC), the department overseeing China’s economic […]
Sustainable and Strong: New EV Batteries Cut CO2 Emissions by 20%! On June 7, 2024, British battery technology company Integral Power announced that they had developed a new cathode material that increases the driving range of electric vehicle (EV) batteries, reduces charging time, and enhances durability. Integral Power claims that its self-developed LFP and LFMP (Lithium Iron Phosphate and Lithium Manganese Iron Phosphate) can increase energy storage […]
BYD Stock Surges Despite New EU Tariffs AP Newsis NH Investment & Securities stated on the 14th that the stock price of BYD has surged despite Europe imposing additional tariffs on Chinese electric vehicles (EVs). The firm analyzed that the impact of these measures on earnings is projected to be limited, and attention should be paid to the company’s competitiveness. The European […]
Trade War Escalates As EU Slaps Hefty Tariffs on Chinese EVs Amid the European Union (EU) threatening to impose a tariff bomb of up to 48% on Chinese electric vehicles (EVs), China has embarked on the countdown for retaliatory measures. There are suggestions that retaliatory tariffs might be imposed on products including dairy and pork from the EU. On the 13th, the Spokesperson for the Ministry […]
Hungary Condemns EU Tariff Proposal on China The Hungarian government is opposing Europe’s regulation of Chinese electric vehicles. Just hours after the European Commission announced on the 12th that it would impose tariffs on imported Chinese electric vehicles, Hungary declared it does not agree with Europe’s regulation of Chinese electric vehicle manufacturers. In a press release, the Ministry of Foreign Affairs stated, […]
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