Tag - vehicles



Chinese President Xi Jinping reviews the honor guard at the Great Hall of the People in Beijing last month. China is likely to adopt limited and targeted retaliation against the European Union after the bloc unveiled tariff increases on Chinese electric cars.
Jun 14, 2024
China likely to retaliate in targeted ways after Europe raises levies on EVs
Beijing is expected to avoid an excessive response that encourages further trans-Atlantic alignment against China.
Honda unveiled small electric commercial van N-VAN e: on Thursday.
BUSINESS / Companies
Jun 13, 2024
Honda to start selling micro-sized electric vans in October
Honda is determined to pursue EVs despite a slowdown in global demand
A BYD Atto 3 electric SUV on the streets of Frankfurt, Germany, on Feb. 21, 2023
BUSINESS / Economy
Jun 13, 2024
EU hits Chinese EVs with tariffs, drawing rebuke from Beijing
The move comes less than a month after the U.S. announced plans to quadruple duties for Chinese EVs.
People walk in front of a BYD Auto company and Autotorino store in Milan on March 20.
Jun 10, 2024
European nations compete for Chinese EV factories as EU weighs tariffs
Chinese EV makers want to set up in Europe to build their brands and save on shipping and potential tariffs.
Suzuki's eVX electric vehicle at the Japan Mobility Show in Tokyo last October
BUSINESS / Companies
Jun 7, 2024
Suzuki to stop making cars in Thailand to focus on EV shift
The 12-year-old plant in Thailand’s Rayong province, southeast of Bangkok, has an annual production capacity of 60,000 units.
Chinese electric vehicles bound for shipment at the Port of Taicang in China
May 30, 2024
EU seeks roadblocks for Chinese EVs without sparking trade war
Crucially, the bloc must strike a balance with its aim for more Europeans to drive EVs as it prepares to outlaw the sale of new fossil fuel-powered cars from 2035.
Shipping containers at the port in Ningbo, China, March 27, 2024. The U.S. and Europe are trying to catch up to China’s lead in industrial policy, a rival skilled in using all the levers of government and banking to dominate global manufacturing.
May 28, 2024
How China pulled so far ahead on industrial policy
In 2022, Beijing accounted for 85% of all clean-energy manufacturing investment in the world, according to the International Energy Agency.
A SAIC Motor MG EXE181 concept EV during the Beijing Auto Show earlier this year.
May 27, 2024
Xi’s China EV dream came true, but 10 years on, walls are going up.
China also overtook Japan as the largest auto exporter, but such achievements are also adding to tensions with the West.
Passengers onboard a self-driving vehicle in Eiheiji, Fukui Prefecture, last year
BUSINESS / Economy
May 21, 2024
Japan targets 30% share in next-generation cars
The 30% target was included in a new strategy released by the ministries for software development for next-generation vehicles with advanced digital technologies.
Tesla is offering discounts and service improvements to appease European leasing companies upset by price cuts and repair issues.
BUSINESS / Companies
May 20, 2024
Tesla giving discounts to European fleet buyers in damage-control drive
After years of sharp growth, Tesla's global sales and profits are declining, with an 8.5% drop in deliveries during the first quarter, marking its first decrease in four years.
A representative explains the features of the Afeela electric vehicle, a Honda-Sony Mobility concept car, at the CES 2024 trade show, in Las Vegas on Jan. 9. The Honda-Sony alliance plans to deliver its first EV model in the spring of 2026 in North America.
BUSINESS / Companies
May 16, 2024
Honda to double investment in electric vehicles and software
The automaker had planned to invest ¥5 trillion ($32.3 billion) for the 10 years through March 2031, but it now plans to spend ¥10 trillion by that point.
Tesla's charging network is widely viewed as a signature achievement for the EV maker and a key driver of its sales. Tesla Superchargers account for more than 60% of U.S. high-speed charging ports, federal statistics show.
BUSINESS / Companies
May 16, 2024
The inside story of Elon Musk’s mass firings of Tesla Supercharger staff
Former charging chief met Musk expecting the go-ahead for a massive expansion of the charging network, but ended up getting fired along with her 500-member team.
Strong sales of Prius hybrids are delivering a cash boost for Toyota to invest in fully-electric cars.
BUSINESS / Companies
May 16, 2024
Hybrids delivering cash chest for Toyota and Honda’s EV ambitions
With the shift to battery-electric vehicles clearly taking much longer than anticipated, consumers are voting for hybrids with their wallets.
U.S. President Joe Biden speaks about new actions to protect American workers and businesses from China's "unfair" trade practices, in the Rose Garden of the White House in Washington on Tuesday.
May 15, 2024
Who’s toughest on China? Biden’s tariff tactic ups ante as election looms.
U.S. president is seen to be trying to "outtrump Trump" to appeal to voters who worry about geopolitical competition or hold anti-China sentiments.
Employees work on a production line at an automotive plant producing electric cars near Ningbo, China. The U.S. is set to announce new tariffs on Chinese electric vehicles and other goods as early as next week, according to people familiar with the matter.
May 11, 2024
Biden set to hit China EVs and strategic sectors with tariffs
The decision, which could come as early as next week, represents one of Biden’s biggest moves in the economic race with China.
Panasonic Energy's operating profit for the past business year fell short of its forecast due to lower electric vehicle battery production in Japan.
BUSINESS / Companies
May 9, 2024
Panasonic's battery unit misses annual profit estimate
Panasonic Energy faces fierce competition from other Asian battery makers such as China's CATL and South Korea's LG Energy Solution.
Workers make pods for e-cigarettes on the production line at Kanger Tech, one of China's leading manufacturers of vaping products, on Sept. 24, 2019 in Shenzhen, China.
BUSINESS / Markets
May 9, 2024
China’s factory glut alarms the world, but there’s no quick fix
European Union leaders, who are threatening tariffs on electric cars, were the latest to scold China about overcapacity, but there are no plans to change.
Toyota said its group net profit in the fiscal year that ended in March nearly doubled from the previous year to hit a record high, due to robust sales of hybrid vehicles.
BUSINESS / Companies
May 8, 2024
Toyota posts record net profit on weak yen and strong hybrid sales
The carmaker saw a 31% jump in sales of hybrid vehicles, bringing the total to 3.7 million, while sales of purely electric cars were 116,500.
Stellantis premium brand Alfa Romeo reveals the Milano, its first fully electric car, during an event in Milan on April 10.
May 7, 2024
EU election could force sharp turn in electric car policy
Europe's right-wing parties have made cancelling the 2035 deadline to phase out sales of internal combustion engine cars a rallying cry.
Automobiles charge at public electric vehicle charging stations in Paris on Feb. 14.
May 6, 2024
France ramps up electric vehicle ambition as Xi arrives in Paris
The contract between the government, French business groups and unions aims for a fourfold increase in the sale of 100% EVs to 800,000 a year in 2027.


People wait for the main act to begin at Summer Sonic, which holds simultaneous music festivals for those in Tokyo and Osaka.
Can Japan's summer music festivals adapt to a post-pandemic reality?