On July 1, Ambassador Jamisen Greer issued a statement regarding the review of the United States, Mexico, and Canada (USMCA) trade agreement after the three countries met virtually to discuss the operation of the pact.
Noting that it calls for a joint review of the agreement to be conducted on July 1 of this year, Am
On June 30, the Parliamentary State Secretary at the Federal Ministry for Economic Affairs and Energy of Germany signed a Joint Declaration of Intent on a semiconductor ecosystem partnership with the Parliamentary State Secretary of the Canadian Ministry of Industry.
With this declaration, Germany and Canada reaffirm
According to the National Development and Reform Commission (NDRC) on June 25, the Plan for Building a New Energy System during the 15th Five-Year Plan Period (hereinafter referred to as the Plan) has been officially released.
The Plan sets out the following targets:
The Plan calls for fully leveraging the EV energy
Reported on June 30, 2026, Malaysia’s Ministry of Finance has postponed the implementation of the revised open market value (OMV) excise duty rules for locally assembled (CKD) vehicles until December 31, 2026, following the previous deferment to July 2026.
The ministry notified the Malaysian Automotive Association (M
China’s automobile trade-in subsidy policy has undergone a major adjustment in 2026, shifting from being a fixed-amount mechanism in 2025 to a proportion-based system. The aim of this revision is to drive automotive consumption upgrading as well as to boost the development of the domestic new vehicle market across a
On June 26, the Office of the Cyberspace Affairs Commission of the CPC Shanghai Municipal Committee announced the launch of a special rectification campaign to regulate the online information dissemination order in the automotive industry. The campaign is being carried out jointly with the Shanghai Municipal Commissi
According to the information released on the official website of China’s Ministry of Industry and Information Technology (MIIT) on June 25, the United Nations Global Technical Regulation on Automated Driving Systems (ADS GTR), led by China, was officially approved and released.
The newly released regulation defines t
On June 26, China's ambassador to Canada Wang Di told Reuters that Geely’s first Lotus brand EVs under the new lower tariff agreed upon between Prime Minister Mark Carney and Chinese President Xi Jinping will arrive in Canada in July.
"Geely EVs will be arriving in Canada next month and they will be holding a cerem
On June 17, the Ministry of Road Transport and Highways published draft amendments to the Central Motor Vehicles Rules, 1989, proposing mandatory cybersecurity and software update compliance requirements for vehicles sold in India. The draft introduces two new rules: Rule 125-T, covering Cyber Security and Cyber Secu
On June 24, the UNECE (United Nations Economic Commission for Europe) World Forum for Harmonization of Vehicle Regulations (WP.29) adopted the world’s first regulatory framework for fully driverless Automated Driving Systems (ADS). The new framework establishes uniform international safety requirements and a common m
On June 27, multiple sources reported that Iran has announced a new customs tariff for importing vehicles to free zones. According to the new regulations, battery electric vehicles will be subject to only 2% customs duty. Hybrid vehicles with engines up to 2,000 cc will have a 4% tariff. Hybrid vehicles with engines
On June 10, it was reported that negotiations to renew the Argentina-Mexico automotive agreement on duty-free import quota remain stalled, nearly three months after the previous pact expired on March 18, 2026.
The automotive agreement, Annex I of the Economic Complementation Agreement (ACE) No. 55, allows duty-free v
On June 25, the U.S. National Highway Traffic Safety Administration proposed updates to Federal Motor Vehicle Safety Standards that would remove the mandate for manual brake pedals in vehicles designed to operate exclusively without a human driver.
Key updates to FMVSS No. 135 would include:
• Removing requireme
On June 25, the Ministry of Heavy Industries announced that it has extended the bid submission deadline for the global tender under the Scheme to Promote Manufacturing of Sintered Rare Earth Permanent Magnets, from June 29 to July 29, 2026, with technical bid opening rescheduled from June 30 to July 30. The extension
At a press conference held by China’s State Council Information Office (SCIO) on June 23, the Ministry of Industry and Information Technology (MIIT) outlined key measures to stabilize and expand automotive consumption, as follows:
Accelerating the formulation and issuance of the “15th Five-Year” Plan (2026–2030) for
China’s State Council Information Office (SCIO) held a press conference on June 23.
At the conference, the Vice Minister of China’s Ministry of Commerce stated that automotive retail sales account for about 10% of total retail sales of consumer goods. The automotive industry accounts for roughly 6% of manufacturing i
According to the information released on June 25 on the official website of China’s Ministry of Transport (MOT), the MOT, together with the National Railway Administration and other departments, recently issued the Action Plan for Innovation in Representative Application Scenarios of “AI + Transport” (hereinafter ref
On June 23, the Executive Management Committee of Brazil’s Foreign Trade Chamber (Gecex-Camex) approved additional zero-tariff import quotas for CKD and SKD electric and hybrid vehicle kits, effective from July 1, 2026. The previous zero-tariff import quota expired on January 31, 2026.
The renewed quota covers import
On June 23, the Deputy Prime Minister for Economic Affairs inspected the factories of Al-Nasr Automotive Company. He reviewed the company’s future plans to expand the production of modern vehicles, including electric buses. He reviewed the production stages, lines, and mass transit bus models, including “Nasr Sky” to
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