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EU launches public consultation on CO2 emission standards for cars and vans
s registered in the European market. With this public consultation, the Commission is accelerating preparations for the review of that Regulation. The review will be based on a robust evidence base, considering relevant technological developments and the need for an economically viable and socially fair transition towards zero-emission mobility. Where appropriate, it will also seek to simplify rules and reduce administrative burden. The Commissio...
News Updated at: 2025/07/08
Vietnam, U.S. agree on trade deal framework in high-level phone dialogue
Vietnam, U.S. agree on trade deal framework in high-level phone dialogue On July 2, 2025, the General Secretary of Vietnam and the U.S. President participated in a phone conversation to advance bilateral ties and finalize a trade agreement aimed at easing reciprocal tariffs. The two sides celebrated the positive momentum in Vietnam - U.S. relations and endorsed the newly agreed framework for a fair and balanced trade deal. President Trump commend...
News Updated at: 2025/07/04
Renault to rearranges Nissan stake as financial asset
over its Nissan stake, will lead to a one-time accounting loss of about EUR 9.5 billion. The loss will be recorded as “other operating income and expenses,” but it won’t affect cash flow or dividends. The EUR 9.5 billion reflects the difference between the current book value and the estimated fair value of the stake, plus adjustments from currency reserves and hedging. After this change, any rise or fall in Nissan’s stock price will be re...
News Updated at: 2025/07/01
Trump says Japan could buy more U.S. oil, other goods for tariff deal
ters. That’s the end of the trade deal,” Trump said. “I could send one to Japan: ‘Dear Mr. Japan, here’s the story. You’re going to pay a 25% tariff on your cars.’” “They won’t take our cars, and yet, we take millions and millions of their cars into the United States. It’s not fair,” Trump said, adding that Japan has several ways it could help balance the gap. “We have a lot of oil. They could take a lot of oil. They cou...
News Updated at: 2025/07/01
Ebro, Spain announces EUR 100 million investment in Zona Franca plant
Ebro, Spain announces EUR 100 million investment in Zona Franca plant On June 19, multiple sources reported that Ebro, the Spanish carmaker, announced that it will invest EUR 100 million to expand its presence at the former Nissan factory in the Zona Franca (Free Trade Zone) to achieve a production of 150,000 additional cars per year. The announcement was made at the International Logistics Fair (SIL) 2025, which is being held at the Fira de Barc...
News Updated at: 2025/06/23
Suzuki invests in Japanese start-up operating used car trade platform in Kenya
mediation in Kenya and East African regions, where expected to see future growth. All used cars bought and sold through Peach Cars are checked and evaluated for proper condition and quality through detailed inspection. These vehicles can be traded as highly reliable and transparent used vehicles at fair prices. Through this investment, SGV will accumulate knowledge in the East African market and enhance Suzuki's brand strength and further expand ...
News Updated at: 2025/06/19
TVS Motor, India launches iQube electric scooter in Indonesia
TVS Motor, India launches iQube electric scooter in Indonesia On June 17, PT TVS Motor, a subsidiary of TVS Motor Company, introduced the iQube electric scooter in Indonesia at an introductory price of IDR 29.9 million. The bookings for the iQube will open on June 19. The scooter will be showcased at the newly launched TVS Experience Centre in Rumaradal, Jakarta, as well as at the Jakarta Fair. The iQube S will be assembled at TVS Motor’s East ...
News Updated at: 2025/06/18
Envalior Germany to present innovation for mobility at K 2025
Envalior Germany to present innovation for mobility at K 2025 On June 12, Envalior announced that it will make its debut at K 2025, The World’s No.1 trade fair for plastics and rubber, at Messe Düsseldorf from October 8 to 15. It will present High-pressure Type IV hydrogen storage vessels made entirely from thermoplastics with blow-molded, injection-molded, or even rotomolded Durethan and Akulon PA6 liners combined with high-strength UDea ther...
News Updated at: 2025/06/17
VDA unveils 10-point plan for climate-neutral mobility, urges EU to increase EV support and flexibility
nfrastructure: need more and faster development of charging and hydrogen stations, ahead of vehicle rollouts, and in line with carbon dioxide goals. Secure raw materials supply: Europe must improve access to raw materials by strengthening trade deals and reducing supply risks. Technology openness & fair rules for PHEVs: Plug-in hybrids (PHEVs) with long electric ranges should still count after 2035. Rules should avoid punishing heavier vehicles a...
News Updated at: 2025/06/09
Volkswagen and OPPO signs global patent agreement to power connected cars
nes and into the automotive industry. OPPO’s 5G patents are used in over 40 countries, and it ranks 8th globally in 5G patent strength, according to LexisNexis IPlytics (as of January 2025). The deal also highlights Volkswagen’s commitment to valuing intellectual property and finding long-term, fair solutions. Based on OPPO press release...
News Updated at: 2025/06/06
CAAM launches initiatives to maintain fair competitive order, promote sound industry development
CAAM launches initiatives to maintain fair competitive order, promote sound industry development On May 31, the China Association of Automobile Manufacturers (CAAM) launched initiatives to maintain a fair competitive order and promote sound industry development. In recent years, China’s New Energy Vehicle (NEV) industry has been rapidly developing, with NEVs now taking up more than 40% of sales of new vehicles. However, the industry’s profit...
News Updated at: 2025/06/05
Mexico announces to restrict steel imports from Vietnam, Malaysia, Indonesia
ll be removed from Mexico’s Automatic Import Notification System. Investigations revealed that many of these mills do not physically exist or are involved in fraudulent operations, with listed addresses not matching real facilities. Reboulen emphasized that these actions are “key” to ensuring fair competition and preventing unfair trade practices from undermining Mexico’s steel sector. The move reflects growing concern over low-cost Asian...
News Updated at: 2025/05/31
VW CEO talks of 'massive' U.S. investments, says tariff talks constructive
VW CEO talks of 'massive' U.S. investments, says tariff talks constructive On May 30, VW CEO Oliver Blume said the company wants to make more big investments in the U.S., adding that recent tariff talks with the U.S. government have been "fair" and "constructive." “So far, we have had absolutely fair, constructive discussions,” Blume said in an interview. “I was in Washington myself and we have been in regular dialogue ever since,” noting...
News Updated at: 2025/05/31
Bill Ford warns loss of federal funds could 'imperil' battery plant in Marshall, Michigan
he manufacturing of EV batteries. Ending the credits would threaten Ford Motor's investment in its BlueOval Battery Park Michigan battery plant. "If it doesn't stay, it will imperil what we do in Marshall," Ford said. “We made a certain investment based upon a policy that was in place. It’s not fair to change policies after all the expenditure has been made,” he said. The tax bill recently passed by the U.S. House of Representatives could b...
News Updated at: 2025/05/31
Stellantis Pro One showcases smart and sustainable vans at ISSA PULIRE 2025, Italy
Stellantis Pro One showcases smart and sustainable vans at ISSA PULIRE 2025, Italy On May 26, Stellantis Italy announced that its Pro One vehicle will join the 27th ISSA PULIRE fair from May 27-29, 2025 at Fieramilano in Rho, Milan. The event focuses on the models provide practical and sustainable transport solutions for small and medium cleaning businesses across Europe. Stellantis Pro One will showcase three key commercial vehicles: Opel Combo...
News Updated at: 2025/05/27
South Korea’s Enchem to join CIBF 2025 secondary battery exhibition in China
South Korea’s Enchem to join CIBF 2025 secondary battery exhibition in China ‘-Several South Korean media sources reported that a South Korean electrolyte manufacturer, Enchem Co., Ltd., will participate in the China International Battery Fair (CIBF) 2025, a secondary battery exhibition in Shenzhen, China, from May 15 to 17, 2025. At this event, the company plans to introduce electrolytes, recycled NMP, carbon nanotube (CNT) slurry, and batte...
News Updated at: 2025/05/27
Elli unveils Flexpole Plus fast charger, partners with UNITI to increase EV charging in Germany
Elli unveils Flexpole Plus fast charger, partners with UNITI to increase EV charging in Germany On May 7, Volkswagen Group Charging GmbH (Elli) introduced its next-gen Flexpole Plus DC fast charger at the 2025 Power2Drive trade fair in Munich. It offers flexible charging with improved payment options, making it ideal for public, business, and fleet use—especially in areas with limited grid capacity. Elli is partnering with UNITI, the German ass...
News Updated at: 2025/05/08
Rheinmetall’s Curb Chargers ready for market after successful pilot project in Cologne, Germany
er 99% availability and low operating costs. The chargers address the challenge of insufficient space in urban areas. Following the completion of the pilot project, the 4 charging points are now being taken into regular operation. Curb Charger will be presented at the international e-mobility trade fair Power2Drive in Munich, Germany, from May 7 to 9, 2025. (From a press release dated May 7, 2025)...
News Updated at: 2025/05/08
Trump downplays negotiations and shifts trade strategy, dictating terms to partners
nnounced a shift in approach to international trade negotiations. Trump indicated that he would dictate tariff levels and trade concessions for countries seeking to avoid higher duties, a departure from traditional negotiation tactics involving back-and-forth discussions. "We’re going to put very fair numbers down, and we’re going to say, here’s — what this country, what we want. And congratulations, we have a deal. And they’ll either s...
News Updated at: 2025/05/08
SMMT welcomes UK-India free trade agreement
between the two countries, especially in the automotive sector. While the deal likely includes some compromises and may not provide full access for all UK automotive products, it shows the strong commitment of UK negotiators and opens the door to the Indian market. SMMT hoped that the deal would be fair and deliver on essential UK industry priorities, with major tariff reductions on most UK automotive exports, favorable origin requirements, and a...
News Updated at: 2025/05/07