Etiqueta: Industry

Car manufacturers lobby group ACEA released a list of policy recommendations for the European institutions for the next five years, outlining measures the industry says are vital to meet the economic and environmental challenges facing the sector.

The Treasury and Energy departments proposed rules for electric vehicles tax credits aimed to limit foreign battery ingredients.

The US government has announced new regulations that aim to keep Chinese batteries out of cars sold in the United States, a move that could push up the price of electric vehicles for American drivers.

The Biden administration issued new rules to prevent Chinese firms from supplying parts for electric cars set to receive billions of dollars in tax credits.

The billionaire Tesla CEO just took his praise of China's electric-vehicle makers up a notch.

European efforts to make China play by the rules are complicated by President Xi’s family interest in electric vehicles.

Nvidia posted impressive growth in its latest financial results and expects another explosive growth in the current quarter. The updated export curbs by the White House have yet to impact Nvidia's earnings in the near future, as sharply declining sales from China are expected to be offset by other markets. However, negative effects loom over the long term.

Professor John Manners-Bell explains that automotive supply chains are now developing more along political imperatives than economic ones