Etiqueta: Industry

Private prison operators, arms manufacturers and others who stand to gain from a Republican win in November have sustained stock market losses even as the Democratic candidate rises in the polls

According to the organiser, over 50 auto brands are displayed. However, the competition is between China and the rest of the world.

BYD Cruises Past Tesla to First Place in ABI Research’s Electric Vehicle Manufacturers Competitive Ranking

Some 130 carmakers from around the globe are showcasing more than 1,600 models at the Chengdu Motor Show, the annual heavyweight gala for car aficionados and buyers in Southwest China.

FRANKFURT, Germany, August 29, 2024--At its recent Third Plenum, China mapped out the direction of the country's economic policies: Beijing wants to adapt to the new round of industrial transformation by using robots as an engine for growth. China's success story with industrial robots is unique: the country is by far the largest robot market in the world.

The last Shanghai auto show was held in April 18-27, 2023, with 1,413 vehicles on display, including 513 NEVs.

The new tariff on Chinese-made EVs will go into effect Oct. 1. A second round of consultations for other Chinese imports is also launching

The Government of Canada is imposing a 100% tariff on all imported Chinese-made electric vehicles (EVs) beginning October 1 this year, one of four measures the country has announced this week to address unfair international competition.

On August 20, 2024, the European Commission disclosed the draft decision on the anti-subsidy investigation (AS689) against battery electric vehicles (BEV) for passengers originating in China, disclosing that it intends to impose definitive countervailing duties of 17% -36.3% on Chinese exporters (the individual duty rate granted to Tesla is 9%).

The 27th Chengdu Motor Show, scheduled to kick off on Aug 30, is attracting some 130 automotive brands of different countries to showcase over 1,600 models, said Hannover Milano Fairs Shanghai, one of the event's organizers.