Malaysia says Asean is a winner from shifting supply chains
Malaysia and the broader 10-country Association of Southeast Asian Nations have emerged as the biggest beneficiaries of the supply chain realignment caused by rising US-China…
US targets almost 100 Russians and suppliers with new sanctions
The Biden administration announced almost 100 fresh sanctions on Russia’s elites, its financial institutions and its supply chains, in a major new effort to squeeze…
From cheap money to tax breaks, EVs in China get a lot of love
The number of Chinese-made electric cars going to Europe has soared in recent months, prompting the European Union to earlier this week announce an investigation…
China accuses EU of ‘naked protectionism’ in EV aid fight
China blasted the European Union’s probe into Beijing’s electric-car subsidies, as the battle to access the bloc’s growing market risks sparking a trade war between…
Did Europe just start a trade war with China over electric cars?
If a surge in government support for strategic industries risks fueling a global subsidy war, then the European Union may have just sparked one of…
Tesla plans to buy $1.9 billion of auto parts from India
Tesla Inc. is planning to source as much as $1.9 billion worth of auto components from India this year, according to the South Asian country’s…
Tesla plans to buy $1.9 billion worth of auto parts from India
Tesla Inc. is planning to source as much as $1.9 billion worth of auto components from India this year, according to the South Asian country’s…
Stellantis to invest $160 million in South Africa auto factory
Stellantis NV will invest 3 billion rand ($160 million) to develop a new vehicle manufacturing facility in South Africa with the country’s Industrial Development Corp.…
US envoy says UK should seek ‘smaller things,’ not major FTA
The UK should set its sights below a “grand trade deal” with the US, said Jane Hartley, Washington’s ambassador in London, citing the election cycle…
No Chinese EV is cheaper in Europe than a cut-rate Renault model
The European Commission will find local manufacturers’ EVs among the cars in what it’s calling a race to the bottom.
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