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The European Union’s decision to impose additional tariffs of up to 38.1% on electric vehicles imported from China has drawn criticism from Beijing and raised concerns about a potential trade war. The move follows an investigation into China’s state support for its EV industry, which the EU believes is causing harm to European carmakers, reports…
Tesla is giving some lucky shareholders an inside look at its Gigafactory Texas. The company recently announced it would offer this unique tour to randomly selected shareholders who participated in a recent vote. Exclusive Invite to Giga Texas Just weeks ago, Tesla revealed that shareholders who voted their shares would have a shot at a…
Volvo, the Swedish automaker owned by China’s Geely, is moving production of its electric vehicles (EVs) from China to Belgium as the European Union (EU) considers imposing tariffs on Chinese-made EVs, according to a report by The Times. EU Investigates Chinese EV Subsidies The European Commission launched an investigation in October 2023 to determine whether…
Tesla’s CEO Elon Musk has clarified that the company will not launch a refreshed Model Y this year, despite continuous improvements to the vehicle’s design and performance, reports Reuters. Musk’s Announcement On Saturday, Elon Musk took to social media platform X to announce that a refreshed Model Y would not be released this year. “No…
Germany’s Stance on EV Tariffs German Chancellor Olaf Scholz has voiced his opposition to restricting automotive trade, as the European Union moves closer to imposing tariffs on electric vehicles (EVs) imported from China. Scholz emphasized that Germany’s auto industry, which benefits significantly from business in China, can remain competitive with Chinese carmakers if trade is…
New Rule Requires 65 MPG by 2031 The Biden administration announced new vehicle fuel mileage standards on Friday, aiming to transform the American auto market towards electric vehicles (E.V.s). By 2031, automakers must achieve an average of 65 miles per gallon across all models, reports The NY Times. Pushing for Electric Vehicles This new regulation,…
Tesla, known for its electric cars, has ventured into a new market with the release of handmade copitas, now available in the U.S. for $55. Unique Handcrafted Design These copitas, small ceramic cups traditionally used for drinking mezcal, are crafted from black clay sourced from Oaxaca, Mexico. Each cup is unique, shaped by hand and…
General Motors (GM) has announced ambitious plans for its next-generation Chevy Bolt, positioning it to become the most affordable electric vehicle (EV) in the US market. This move marks GM’s ongoing commitment to the EV revolution, despite some setbacks and evolving timelines. GM’s Electric Evolution GM’s journey in the electric vehicle landscape started with the…
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