Škoda begins sales of second-generation all-electric Enyaq SUV for Ukrainian market On September 24, Škoda Ukraine announced that its official importer Eurocar has started sales of the Škoda Enyaq all-electric SUV. The Enyaq 85 has a rear-mounted motor of 210 kW power, rear-wheel drive, and supports fast DC charging up to 135 kW. The model comes with an 82 kWh battery and provides up to 582 km range. Charging from 10–80% takes only 28 minute...

News  Updated at: 2025/09/25

the same amount of money, scaling up over time towards a combined total of about USD 5 billion, the people said. The Trump administration has made it a priority to increase access to critical minerals including copper, cobalt and rare earths. While Trump has touted the prospect of minerals deals in Ukraine, Greenland, and the Democratic Republic of Congo, the joint fund with Orion, when finalized, would provide a new avenue for the U.S. governmen...

News  Updated at: 2025/09/17

my is not undergoing a transition but "a rupture," as the U.S. fundamentally transforms all of its trading relationships. Canada has been making efforts to shore up ties with Europe as it reassesses its relationship with the U.S. in the middle of a trade war. In August, Carney travelled to Germany, Ukraine and Poland to meet with key business and political leaders to advance opportunities for co-operation in trade, energy, critical minerals, defe...

News  Updated at: 2025/09/12

ndia’s purchase of Russian oil, that when added to the 25% tariff that went into effect earlier in August, reached a punishing 50%. The US Department of Homeland Security’s US Customs and Border Protection said that earlier US security orders and the current situation with respect to the Russia-Ukraine conflict justified. Top Trump officials, including US Treasury Secretary Scott Bessent, accused India of funding Russia’s war against Ukrain...

News  Updated at: 2025/08/28

s to the U.S. over that country’s purchases of Russian oil. “India is not only buying massive amounts of Russian Oil, they are then, for much of the Oil purchased, selling it on the Open Market for big profits,” Trump wrote on his Truth Social platform. “They don’t care how many people in Ukraine are being killed by the Russian War Machine. Because of this, I will be substantially raising the Tariff paid by India to the USA.” (Donald ...

News  Updated at: 2025/08/05

dline for a trade deals with all countries.  India “is our friend,” Trump said on his Truth Social platform, but its tariffs on U.S. products “are far too high.” He also criticized India's purchases of Russian military equipment and energy "when everyone wants Russia to STOP THE KILLING IN UKRAINE". Trump told reporters on July 30 that the two countries were still in the middle of negotiations on trade despite the tariffs slated to begin...

News  Updated at: 2025/07/31

tilateral trading system, and other multilateral cooperation efforts. The EU and Japan also agreed to strengthen defense industry cooperation, begin talks on an information security agreement, strengthening and diversifying critical minerals supply chains, condemn Russia's war of aggression against Ukraine, and continue to work against climate change. (EU-Japan Summit Joint Statement on July 23, 2025) (Japan Ministry of Foreign Affairs on July 23...

News  Updated at: 2025/07/24

and critical mineral supply chains, accelerating the digital transition with quantum and artificial intelligence •    Securing partnerships, with private investment to build infrastructure, open markets, and create higher-paying jobs Other discussions will include a just and lasting peace for Ukraine and other conflict areas. (Canadian government release on June 7, 2025)...

News  Updated at: 2025/06/11

U, including in overseas countries and territories. The projects will diversify the EU’s supply sources and enhance economic security, while also promoting local value creation in third countries. Among the 13 Strategic Projects, seven are located in Canada, Greenland, Kazakhstan, Norway, Serbia, Ukraine, Zambia, with whom the EU has a strategic partnership on raw materials value chains; and the remaining ones are located in Brazil, Madagascar,...

News  Updated at: 2025/06/06

Nyle reports reduced use of vehicles as measure against high gasoline prices Gasoline prices have remained at high levels since Russia’s military invasion of Ukraine. According to a gasoline cost survey by Nyle Inc. (Nyle), a company that is engaged in automotive rental services, about 60% of the people who participated in the survey in Japan have been taking measures such as a reduced use of vehicles. While crude oil prices have been declining...

News  Updated at: 2025/05/12

ime. As a result, European automakers have lost a critical buffer, and with domestic demand also stagnating, the region is facing a structural slowdown in new car sales. A three-market collapse Russia, once a key destination for European brands, has been entirely shut off since the 2022 invasion of Ukraine. Western OEMs withdrew in full, and Chinese manufacturers rapidly filled the gap. The market is now politically and commercially inaccessible ...

News  Updated at: 2025/05/08

aluminum metal produced from alumina (or aluminum oxide) by the electrolytic Hall-Heroult process) smelted or cast in Russia, are subject to a 200% duty rate. The new proclamation also ends national exemptions for Argentina, Australia, Brazil, Canada, Japan, Mexico, South Korea, the European Union, Ukraine, and the United Kingdom which had received exemptions in 2018, with the White House arguing that rerouting of products by countries such as Ch...

News  Updated at: 2025/03/08

operations significantly, with plans to expand our fleet to up to 100 autonomous Ioniq 5’s in 2025,” said Dmitry Polishchuk, CEO of Avride. Avride was spun out of Yandex, one of Russia’s biggest tech companies, which had been testing its vehicles in the U.S. until the 2022 Russian invasion of Ukraine. In 2024, the Yandex self-driving group rebranded as Avride after its parent company (now called Nebius) divested itself in a USD 5.2 billion ...

News  Updated at: 2025/03/08

Trump wants Ukraine to guarantee access to rare earths in exchange for war aid On February 3, President Donald Trump said his administration wants an agreement with Ukraine for that country suffering the devastation of war to offer access to its rare earths resources in return for aiding its defense against Russia. “We’re looking to do a deal with Ukraine where they’re going to secure what we’re giving them with their rare earth and other...

News  Updated at: 2025/02/04

al (JV with access to a shared facility, outright purchase of an underutilised factory, or construction of their own plant from scratch) will certainly affect the speed and scale of their market entry. This trend mirrors the transformation of the Russian automotive sector following the start of the Ukraine War, with Chinese manufacturers filling the void left by departing Western firms, predominantly through contract assembly with local Russian m...

News  Updated at: 2025/01/27

lants in 2024. In China, Škoda made 15,200 vehicles at plants in Changsha, Ningbo, and Nanjing. In Kazakhstan, the Kodiaq, Karoq, Kamiq, and Octavia were assembled from SKD kits, with over 1,400 vehicles produced. Škoda plans to expand SKD assembly to include the new-generation Superb in 2025. In Ukraine, the Karoq SUV continued assembly in Solomonovo. Based on Škoda press release...

News  Updated at: 2025/01/23

now that the German “traffic light coalition” has collapsed and Friedrich Merz is likely to head up a new CDU-led government with elections likely to take place in February 2025 (tbc). Prime Minister Starmer in the UK will also be under increasing pressure to revise proposed net zero timelines. Ukraine: Though the probability of a swift end to the war remains low, it is worth noting that a peace deal – however it came about – would undoub...

News  Updated at: 2024/11/19

turing teams completing 6,000 hours of training. SOMACA aims to reach a production record of over 100,000 vehicles this year, increasing Morocco's automotive production capacity. Renault Kardian will expand Morocco's role as a car manufacturing and export hub, targeting new markets in Africa, Gulf, Ukraine, and Guadeloupe. Based on social media update from the Ministry of Industry & Trade, Morocco...

News  Updated at: 2024/11/11

. The relocation of BEV production from European OEMs to China to benefit from its production cost advantage, and the influx of Chinese models to Russia, have also substantially boosted Chinese imports to the region. Elevated costs for materials, energy, and transport (all exacerbated by the Russia-Ukraine war), have inflated car prices in Europe, with the economic climate also squeezing disposable income for consumers. This has reduced the compe...

News  Updated at: 2024/10/25

Škoda launches new generation Superb for Ukraine market On August 20, Škoda Ukraine announced that the new generation Superb is now available for order in Ukraine from August 26, 2024. It is available in two configurations: Superb Selection and Superb L&K. Both come with two-liter gasoline engines, four-wheel drive, and a seven-speed gearbox. The price starts at UAH 1,770,000. The car features larger dimensions, a refreshed design, advanced tec...

News  Updated at: 2024/08/21