On July 31, U.S. President Trump issued an executive order revising the rates on reciprocal tariffs for about 70 countries. Countries not listed will be charged a baseline 10% tariff.
The higher tariff rates which were scheduled to begin on August 1 will not come into effect until August 7 to give U.S. Customs and Bo

On July 31, U.S. President Donald Trump signed an executive order July 31, increasing tariffs on Canadian imports to the United States to 35%, up from 25% previously. The White House said Canada has “failed to cooperate” in combating the drug crisis and retaliated against the U.S. trade actions with countertariffs on

On August 1, a jury found Tesla partially liable for a fatal 2019 crash in Key Largo, Florida, and hit the company with USD 200 million in punitive damages. The civil trial began in mid-July at the Wilkie D. Ferguson Jr. U.S. Courthouse in Miami, in which plaintiffs were seeking to hold the company liable for a fatal

On July 25, the California Public Utilities Commission (CPUC) said that Tesla plans to offer a chauffeur-style service operated by human drivers to a limited number of people in the San Francisco Bay Area, contrary to media reports that the company would offer a robotaxi service as it does in Austin, Texas, where hum

On July 28, Waymo announced it is expanding to Dallas, Texas in 2026. Waymo will offer its ride-hailing service to the public through the Waymo app, with its fleet managed through a new strategic, multi-year partnership with Avis Budget Group, a leading global mobility solutions provider. 
Avis will provide end-to-en

On August 1, Faraday Future Intelligent Electric Inc. announced that its newly-unveiled First Class EAI-MPV model, the FX Super One, is beginning its trial production phase at the plant in Hanford, California, primarily focused on planning and verifying production processes, operational workflows, and quality standar

On August 1, PHINIA Inc. completed the acquisition of Swedish Electromagnet Invest AB (SEM), a provider of advanced natural gas, hydrogen and other alternative fuel ignition systems, injector stators and linear position sensors for on- and off-highway commercial vehicle and industrial markets. This acquisition suppor

Announced on August 1, 2025, Malaysia’s exports to the U.S. will be subject to a reduced 19% tariff, effective at 12:01 a.m. EDT on August 7. The reduction follows a July 31 executive order by President Trump that amended tariff rates under the U.S. reciprocal trade framework for select countries.
The move marks a re

Reported on August 1, 2025, the U.S. imposed a 19% tariff on imports from Thailand and Cambodia, well below the 36% previously threatened, after a ceasefire deal between the two countries. The move came amid President Trump’s warning that trade agreements would be suspended unless the deadly border conflict was resol

On July 30, China’s Ministry of Commerce (MOFCOM) announced the holding of trade talks with the U.S. in Stockholm, Sweden from July 28 to 29 local time.
According to the consensus reached, both sides will continue pushing for a 90-day extension of the pause on 24% of reciprocal tariffs of the U.S., as well as counter

On July 30 during the investors call following release of its Q2 report, Ford CEO Jim Farley announced a new EV strategy and the coming reveal of a new electric vehicle and EV platform on August 11 at its Louisville Assembly Plant in Kentucky.
During 2023 negotiations with the UAW, Ford promised to invest USD 1.2 bil

On July 31, U.S. President Trump said he extended Mexico’s current tariff rates for 90 days to allow more time for trade negotiations with its southern neighbor. Trump had threatened to impose 30% tariffs on Mexico’s exports starting on August 1, saying President Claudia Sheinbaum’s government hadn’t done enough to h

On July 31, U.S. President Trump announced that “the U.S. has agreed to a Full and Complete Trade Deal with the Republic of Korea”, including a tariff of 15% on Korean goods entering the U.S., and no tariff for U.S. goods entering their country.
Also, ”South Korea will give to the United States USD 350 Billion Dollar

On July 30, U.S. President Trump issued a Presidential Action document on Whitehouse.gov offering his reasons for adding 40% onto the current 10% tariff rate for Brazilian products, for a total of 50%, on goods entering the U.S.
The 40% tariff increase was to address “a U.S. national emergency” regarding a variety of

On July 30, Sony Honda Mobility (SHM) announced that pre-production trials of its AFEELA 1 are currently underway at its contract manufacturing partner Honda’s East Liberty Auto Plant.
During this phase, the team at the East Liberty Auto Plant verifies part compatibility, assembly precision, and paint quality to ensu

On July 31, Aeva, a leader in sensing and perception systems, announced a collaboration with Bendix Commercial Vehicle Systems, the North American leader in advanced driver assistance systems (ADAS) for commercial vehicles, focused on SAE Level 2+ active safety and collision mitigation solutions for Class 8 trucks.
T

On July 31, BorgWarner announced it  has secured contracts with two major, global OEMs to supply high-voltage coolant heater (HVCH) technology for plug-in hybrid electric vehicle (PHEV) platforms.
One of the wins marks BorgWarner’s first eHeater for a hybrid program with the respective legacy automaker, expanding its

On July 31, BorgWarner announced it has secured two significant turbocharger business wins for a major global OEM’s next-gen vehicles in Europe and North America. 
BorgWarner will supply its wastegate gasoline turbocharger for 1.0-liter engines used in next-gen compact and light commercial combustion and hybrid vehic

On July 30, Motive raised USD 150 million in a new funding round led by Kleiner Perkins, with participation from both existing investors and new investor AllianceBernstein. With this funding, Motive will expand its AI capabilities to enhance every aspect of physical operations, including driver safety, service verifi