Announced on April 28, 2025, the Thai Cabinet has approved (i) a reduction in excise tax for hybrid and mild hybrid vehicles to between 6% and 12%, and (ii) an extension of the production period for compensatory vehicles under the EV3 program to better align with domestic market conditions. 
These measures are design

On April 29, 2025, the Deputy Minister of Finance announced that the Cabinet has approved adjustments to the excise tax rates for PHEVs.
Currently, PHEVs, like HEVs, are taxed based on CO2 emissions. However, starting January 1, 2026, separate tax rates will apply. PHEVs with an electric range of at least 80 km per c

On May 1, Mercedes-Benz announced plans to build another model at its U.S. plant in Tuscaloosa, Alabama in response to U.S. import tariffs.
In a statement, the company said that it will shift assembly of a mid-range “Core” segment vehicle, tailored to U.S. customers, to its Alabama factory by 2027. The "Core" segment

On April 25, Zeeland, Michigan-based Gentex, announced that while Q1 2025 net sales of USD 576.8 million were down 2.3%, net income for the first quarter of 2025 was down 12.3% to USD 94.9 million.
Gentex said that as a result of the current and expected tariff escalation in the China market, it has pro-actively halt

On April 30, Stellantis announced that the partners in the Facendo Plus project in Spain presented the progress at the Stellantis Vigo plant. So far, EUR 13.8 million has been invested i.e. 72% of the planned EUR 19 million budget for various R&D activities.
Facendo Plus aims to increase the competitiveness of Galici

On April 29, the Vice-President of Nigeria met with a delegation of South Korea’s Asia Economic Development Committee (AEDC). AEDC has proposed a partnership with Nigeria to support solar equipment production and electric vehicle (EV) manufacturing in the country. The Vice President reaffirmed the administration’s co

On April 30, the German Association of the Automotive Industry (VDA) president Hildegard Müller reacted to the U.S. government's recent steps toward easing trade burdens on the automotive sector. Müller said that the measures fall far short of what’s needed, offering only minor relief and applying to a limited set of

On April 30, the West Midlands Mayor announced plans to install more than 10,000 additional electric vehicle (EV) charging points across the region’s roadsides. Currently, there are over 4,000 publicly accessible chargers across the region’s road network. 
Transport for West Midlands (TfWM), in partnership with local

On April 29, President Donald Trump spoke at a rally in Warren, Michigan to celebrate his first 100 days. He reiterated some of the content in executive orders he signed earlier in the day.  "I've just signed an executive order to give partial tariff rebates to any company that assembles its cars right here in the U.

On April 24, U.S. Transportation Secretary Sean P. Duffy unveiled the National Highway Traffic Safety Administration’s (NHTSA) new Automated Vehicle (AV) Framework as part of his transportation innovation agenda. The new framework will unleash American ingenuity, maintain key safety standards, and prevent a harmful p

On April 23, the Governor of the Tula region held negotiation with the Chairman of the Board of Great Wall Motor in China.
An agreement was reached on localizing the production of gearboxes on the territory of the HAVAL plant in the Uzlovaya industrial park. HAVAL will keep growing its operations in the Tula Region.

On April 29, U.S. President Trump issued an executive order bringing greater clarity to his many tariff pronouncements to date, specifically to avoid a situation of stacking, where more than one tariff may seem to apply.
Tariffs on finished automobiles, Proclamation 10908 of March 26, 2025 (Adjusting Imports of Autom

On April 28, Porsche AG has revised its 2025 outlook mainly due to adjusting its global supply strategy due to growing geopolitical challenges. This is especially in China, where weak demand for electric luxury cars is expected to impact 2025 performance. New US import tariffs will hurt sales in April and May 2025, a

On April 28, the European Automobile Manufacturers’ Association (ACEA) welcomed the European Commission’s Carbon Border Adjustment Mechanism (CBAM), which will help to meet climate goals and complements the Emissions Trading System (ETS). However, it could raise supply chain costs and hurt competitiveness.
ACEA warns

On April 23, 2025, the Thai Minister of Commerce met with the Ambassador of Sweden to Thailand to discuss economic developments, Thailand’s strong export growth, and rising investment in future-oriented sectors such as printed circuit boards (PCBs).
Swedish businesses were encouraged to expand their investment in Tha

On April 25, Invest Estonia announced that Estonia will launch a new chip center.
The EUR 2.4 million initiative, jointly funded by the EU’s Digital Europe program and Estonia’s Ministry of Economic Affairs, brings together AS Metrosert, Enterprise Estonia, and the Estonian Electronics Industry Association in a strat

On April 24, Hyundai Motor Co. said it has launched a task force to respond to U.S. tariffs, adding that production of some Tucson crossovers has now been shifted from Mexico to the U.S. It will develop plans to increase local sourcing of car components in the U.S. and is also considering whether to move production o

On April 23, the U.S. Commerce Department announced it is opening a probe into national security impacts of imports of medium-duty and heavy-duty trucks and related parts into the U.S.
The "Section 232" investigation could form the basis of grounds to impose new tariffs on work trucks, buses, vans and other larger ve

On April 22, a coalition of U.S. auto industry groups urged President Trump not to impose 25% tariffs on imported auto parts on May 3, warning they would cut vehicle sales and raise prices.
"Tariffs on auto parts will scramble the global automotive supply chain and set off a domino effect,” the letter said, noting "i

Reported on April 22, 2025, the Cambodian Prime Minister, at the inauguration of a new Ford production and sub-assembly plant in Pursat province, affirmed that the government has no intention of banning the import of used cars to force citizens into buying new vehicles. 
Instead, The Prime Minister emphasized the imp