On December 11, the Alliance for Automotive Innovation, which represents General Motors, Ford, Toyota Motor, Volkswagen, Hyundai, Stellantis and other major OEMs, urged Congress and the Trump administration to prevent Chinese government-backed automakers and battery manufacturers from opening U.S. manufacturing plan
Volvo Cars said it will not continue sales of its 2026 EX90 in Canada, as the electric three-row crossover is built in the U.S. and subject to 25% Canadian counter-tariffs.
Canada introduced retaliatory tariffs on U.S.-built vehicles this April, soon after U.S. President Trump enacted a 25% tariff on vehicles import
On December 11, it was reported that Mexico’s Senate approved a measure to increase import tariffs by up to 50% on more than 1,400 product categories from countries without free trade agreements, mainly targeting China.
The bill, proposed by President Claudia Sheinbaum and passed with 76 votes in favor and five again
On December 10, Ford acknowledged that its Chinese rare-earth magnet suppliers were included in the first batch of new export licenses issued by Beijing to boost shipments and reduce shortages of the vital components.
The so-called general licenses were agreed after Presidents Xi Jinping and Donald Trump met in S
On December 8 in a post on Truth Social, U.S. President Trump said he had told China’s President Xi Jinping that the US would allow Nvidia “to ship its H200 products to approved customers in China . . . under conditions that allow for continued strong National Security. President Xi responded positively!”
Trump adde
On December 11, the European Investment Bank (EIB) and STMicroelectronics signed a EUR 500 million financing agreement. This represents the first tranche of a broader EUR 1 billion credit line recently approved by the EIB in favour of STMicroelectronics.
The tranche will support acceleration of R&D and high-volume c
On December 10, the Council presidency and the European Parliament’s representatives reached a provisional agreement on amending the European climate law (ECL), introducing a binding intermediate climate target for 2040 of a 90% reduction in net greenhouse gas (GHG) emissions compared to 1990 levels.
The agreement al
On December 10, multiple sources reported that the Federal Executive Council (FEC) has approved the purchase of 200 electric buses by the National Automotive Design and Development Council (NADDC). It has approved NGN 58 billion for this project. It will modernise Nigeria’s transport sector and boost local automotive
On December 9, the Embassy of the Arab Republic of Egypt in Tokyo, in a social media post, announced that the Egyptian ambassador held a meeting with Mitsubishi Motors executives to discuss prospects for enhancing industrial and investment cooperation.
The meeting focused on opportunities for Mitsubishi Motors to exp
On December 9, 2025, Thailand’s Cabinet approved the National EV Policy Committee’s proposal to revise the EV3 and EV3.5 incentive schemes. The updates aim to enhance efficiency and flexibility, align the programs with current global economic and market conditions, and reduce risks from domestic oversupply and price
On December 8, U.S. President Trump warned that he will impose an additional 5% tariff on Mexico if it does not immediately release water owed to the U.S. under a 1944 treaty. 'Mexico continues to violate our comprehensive Water Treaty, and this violation is seriously hurting our BEAUTIFUL TEXAS CROPS AND LIVESTOCK,'
On December 8, U.S. President Trump said he would sign an executive order this week to create a single national rule for artificial intelligence. “There must be only One Rulebook if we are going to continue to lead in AI... I will be doing a ONE RULE Executive Order this week. You can’t expect a company to get 50 App
On December 8, Stellantis announced it will offer its all-electric Fiat Topolino small car in the U.S. Without announcing timing for the vehicle, Fiat CEO Olivier François confirmed plans to bring the vehicle to the market, with “more details to come next year.”
Fiat’s announcement comes less than a week after Presid
On December 9, 2025, Vingroup signed an MoU with the Government of Telangana for a proposed USD 3 billion, multi‑phase investment to develop a multi‑sector ecosystem across approximately 2,500 hectares in the state. The collaboration will explore projects in smart urban development, electric mobility (including elect
On December 1, UL Standards & Engagement urged Mexican regulators and industry associations to accelerate the integration of international safety standards for EVs amid the rapid growth of electromobility in the country.
The organization emphasized that, while Mexico sold over 88,000 electric and hybrid vehicles betw
On December 5, U.S. President Donald Trump spoke with Prime Minister Mark Carney and Mexican President Claudia Sheinbaum at the draw for the 2026 FIFA World Cup at the Kennedy Center in Washington. The three later met privately on the sidelines of the event, with no staff in the room, in a meeting that lasted about 4
On December 4, U.S. Transportation Secretary Sean Duffy said that the new fuel economy rollback proposal announced the day before on December 3 could allow automakers to resume building station wagons, a common means of family travel in the 1970s and '80s.
Duffy said that the existing fuel economy regulations led man
On December 3, at the UBS Global Industrials and Transportation Conference, Lucid Group Chief Financial Officer Taoufiq Boussaid said that Lucid’s upcoming midsize electric SUV, expected to be named the Lucid Earth, will be made first in Saudi Arabia.
The midsize platform is aimed at underpinning three different cars
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