Electric vehicles
For nearly three years, the US has been unable to stem the decline of its manufacturing sector, despite efforts by President Biden to provide subsidies and President Trump's tariffs on imported goods. The US Labor Department reported that American factories shed 7,000 jobs in June, with manufacturing
Electric vehicles
The U.S. manufacturing sector has been stuck in a rut for nearly three years, and despite efforts by the government to provide support, employment is on track to drop for the third straight year. The Institute for Supply Management reported that manufacturing activity in the United States shrank in
Electric vehicles
Elon Musk has been synonymous with Tesla for most of the company's history, but a growing chorus is questioning whether Tesla might be better off without its volatile chief executive. The company's sales have fallen sharply in recent months, tied to Musk's support of
Electric vehicles
VinFast Auto India, a subsidiary of Vietnam-based automaker VinFast, has announced a strategic collaboration with BatX Energies, an India-based Lithium (Li) Ion Battery Recycling Company. The collaboration aims to establish comprehensive battery recycling and repurposing services for VinFast India's operations in the country. As part of the partnership,
Electric vehicles
The report "Enterprise Tech Ecosystem Series: Nissan Motor Co., Ltd. - 2025" has been added to ResearchAndMarkets.com's offering, providing insights into the company's tech activities, including its digital transformation strategies, innovation programs, technology initiatives, investments, and acquisitions. Nissan Motor Co., Ltd. (Nissan) is
Electric vehicles
Pak Suzuki Motor Company (PSMC) has announced revised retail prices for its motorcycle lineup, following changes in the federal budget. The revised prices apply to various models, including the GD110S, GS150, GSX125, GR150, and INAZUMA GW250JP, with prices ranging from Rs. 362,600 to Rs. 1,252,400. The revision
Electric vehicles
As India's trade posture confronts numerous challenges, including retaliatory tariffs at the WTO, a high-stakes deadline with the United States, and rising regulatory pressure from Europe, the country's ability to balance sovereignty and global integration is under scrutiny. An inherent dependence on China continues to constrain
Electric vehicles
Jean-Philippe Imparato, a senior executive at Stellantis, has warned that the company will be forced to close factories in Europe due to the EU's stringent carbon emission standards. The executive stated that the company has two options: either increase the sales of electric vehicles (EVs) or scale back
Electric vehicles
Tesla shares shot-up 4% in the opening trade on Wednesday, hitting the day's high of $313 per share. The uptick came despite a sharper-than-expected fall in second-quarter deliveries, with 3,84,122 vehicles delivered, down 13.5% from 443,956 units a year ago. Analysts had expected deliveries
Tariffs
As the 4th of July Independence Day celebrations approach, the EU and the US are on the cusp of a significant agreement that would avert 50% tariffs on all EU exports. Both sides are willing to make concessions to reach a deal, with the EU agreeing to accept 10% blanket
Electric vehicles
Chinese companies, led by BYD, SAIC, and Geely, are dominating the global electric vehicle market, producing 70 percent of all electric cars sold globally in 2024, while US automakers account for just 5 percent. The Chinese advantage in electric vehicle technology, batteries, and minerals needed to produce them could become
Tariffs
The deal, announced by British Prime Minister Sir Keir Starmer, reduces tariffs on automotive and aerospace exports to the US, a key development in the post-Brexit trade landscape. The agreement slashes import taxes for car manufacturers, allowing them to export to the US at a lower rate of 10%, down
