Auto Archives

An EU inquiry concluded that Beijing's state aid to electric vehicle makers was unfair

Business

EU states set to greenlight extra tariffs on EVs from China

EU countries are expected to confirm hefty tariffs on electric cars made in China.

AFPOctober 3, 2024

A push to expand green energy output and reduce emissions has seen Chinese production of EVs and their necessary components soar

Business

Climate change, economics muddy West’s drive to curb Chinese EVs

China’s meteoric rise as the world’s powerhouse of electric vehicle production makes Western efforts to curb their exports a tough sell — and means...

AFPOctober 3, 2024

Formula One will benefit from a new tie-up with French luxury goods giant LVMH

Business

French luxury goods giant LVMH in F1 sponsorship deal

French luxury goods giant LVMH on Wednesday announced a 10-year sponsorship deal as a global partner of Formula One. The multinational based in Paris...

AFPOctober 2, 2024

Chinese electric cars, like these waiting to be shipped for export, are at centre of trade tensions with the EU

Business

EU states plan Friday vote on Chinese EV tariffs

EU member states are expected to vote on whether to slap hefty tariffs on imported electric cars from China on Friday, European diplomats said...

AFPSeptember 30, 2024

Chinese electric carmaker BYD is investing $1 billion in a Turkish factory to produce 150,000 vehicles a year

Business

Spain PM urges EU to ‘reconsider’ China EV tariffs plan

Spain’s Prime Minister Pedro Sanchez said Wednesday the European Union should “reconsider” a plan to impose tariffs of up to 36 percent on Chinese...

AFPSeptember 11, 2024

According to the Atlantic Council, Chinese sales of EVs abroad rose 70 percent in 2023, reaching $34.1 billion. Almost 40 percent went to the European Union

Business

Tesla faces lower-rate EU tariffs on China-made EVs

Brussels last month slapped EVs imported from China with hefty provisional tariffs -- on top of current duties of 10 percent.

AFPAugust 20, 2024

Saudi Arabia hopes to become a hub for electric vehicles as it seeks to diversify its economy away from oil

Business

In fuel-guzzling Saudi Arabia, electric cars pique interest

For Hamed al-Rafidain, a Saudi human resources worker, an electric vehicle offers welcome savings, especially since his other car is a fuel-guzzling four-wheeler favoured...

AFPJuly 23, 2024

An Ineos hydrogen-fuelled Grenadier car is driven on a test track during a 'Roadmap to Decarbonisation' event

Business

Ineos drives towards hydrogen car future

At a sprawling vehicle test centre in the English countryside, a hydrogen-powered Grenadier 4×4 made by Ineos Automotive grips steep and rugged tracks, showcasing...

AFPMay 18, 2024