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...The European Automobile Manufacturers’ Association said that “patchwork solutions” to the tariff dispute were not good enough....
...Equipment Association and the Chemical Industries Association, in a letter to the Financial Times....
...An air of collaboration, especially at foreign companies now largely staffed by Chinese nationals, has not disappeared. But it is now accompanied by mounting competitive pressure....
...In China, electric car sales including plug-in hybrids surged 36 per cent to 7.7mn in 2023, up from 5.7mn in 2022, according to data from the China Passenger Car Association....
...Tariffs Some governments have used import tariffs to shield domestic electric-vehicle manufacturers....
...A summary of Wednesday’s final rule laid out “technology neutral” scenarios in which manufacturers can produce a diverse range of “clean” cars, including cleaner petrol cars, hybrid electric vehicles, plug-in...
...“Europe’s industrial strategy is totally missing,” said De Meo, who also heads the European carmakers’ association, ACEA....
...engines to electric ones....
...Abigail Ross Hopper, president of the Solar Energy Industries Association, which represents US solar developers and manufacturers, told the FT that the US will “always” source a mix of imported and domestically...
...China’s CATL, the world’s biggest electric vehicle battery manufacturer, has suffered its first fall in quarterly profits in almost two years amid slowing growth in demand for EVs and intensifying competition...
..., with the debut of its first electric vehicle....
...Apple has cancelled its secretive decade-long electric car project known as Project Titan to focus research funding on generative AI....
...The Federation of Small Businesses and Make UK, which represents manufacturers, say that the national insurance burden on employers should be reduced and aligned with the increase in the National Living...
...Last week, the government delayed plans to start fining manufacturers of gas boilers from April if they failed to hit mandated production targets for heat pumps....
...The commission is also proposing tighter national controls on investments and exports....
...More than a third of all UK vehicles made last year were hybrid or electric models, marking a record high. Nissan makes the electric Leaf, while BMW manufactures an electric Mini....
...BSP and National Resilience are among a group of highly specialised contract manufacturers benefiting from the boom in obesity drugs....
...“Our trade and financial relationship with the US is completely dominant,” he said while sitting next to Yellen in the National Palace....
...A spokesman for the “West Midlands Gigafactory” project, set up to attract investment to the site, said the business was “in discussions with a number of global battery manufacturers, but these remain confidential...
...Supporters of the most stringent IRA requirements include some domestic manufacturers and West Virginia senator Joe Manchin, a key author of the climate law....
...Upcoming rules for the IRA’s electric vehicle tax credit will ban vehicles from sourcing from China, which critics say risks slowing the US electric vehicle rollout given Beijing’s dominance in the sector...
...“But the other part of the story is all of these manufacturers source parts from Chinese companies,” he explains....
...as the world’s largest battery-only car manufacturer....
...It is the largest producer of key components in electric vehicle battery production....
...There is also no clear national security risk from China’s presence in the European EV market and it already faces a 10 per cent tariff....
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