Newsfeeds Archive - Spark Newswire

2 minute read

Global
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Chinese Carmakers Urge Beijing To Increase Tariffs On EU Gasoline Cars In Retaliation For EV Tariffs: Report

June 19, 7:57 AM

Chinese carmakers have reportedly called upon Beijing to raise tariffs on European gasoline-powered cars. This move is seen as a retaliatory measure EU restrictions.

BMWYY

2 minute read

China Vows To ‘Firmly Safeguard’ Interests Against New EU Tariffs As EV Makers, Experts Give Mixed Reactions

By Benzinga Neuro

June 12, 9:12 AM

The decision is part of the EU's strategy to address concerns over Chinese industrial overcapacity flooding the market with low-cost products.

BYDDF

2 minute read

Taiwan Semi and Foxconn Guide Global Supply Chain Shifts, Attract Key Industry Players

By Anusuya Lahiri

June 10, 12:53 PM

TSMC and Foxconn are leading the global supply chain shift in response to political and business changes, expanding to key automotive hubs and investing in chip-making capacity.

AAPL

2 minute read

GOP Lawmakers Urge Ban On Chinese Battery Suppliers Tied To Ford, Volkswagen Over Forced Labor Allegations

By Anan Ashraf

June 7, 6:03 AM

CATL is the world's largest electric car battery manufacturer and a partner of Ford, while Gotion is a battery company partially owned by Volkswagen.

2 minute read

Volkswagen To Introduce Affordable Electric Cars Priced At 20,000 Euros In Europe

By Anan Ashraf

May 29, 8:59 AM

The company did not divulge much about the upcoming vehicles besides that it will set standards in the entry-level segment.

VWAGY

2 minute read

European Equities Close Higher As Traders Bank On Imminent ECB Rate Cut: What’s Driving Markets Monday?

By Piero Cingari

May 27, 1:55 PM

European equities up, ECB likely to cut rates in June, traders confident. Euro slightly higher. Top performers: RWE, Bayer, VW, Enel, Iberdrola.

ASML

1 minute read

Volkswagen Delays ID.7 Launch In US, Canada To Face Tesla Head-On Later

By Anan Ashraf

May 23, 6:28 AM

The ID.7 has been on sale in Europe since 2023 and was initially expected to be introduced in the U.S. later this year.

VWAGY

3 minute read

Uncategorized

XPeng’s Strong Quarterly Report Shows The Chinese EV Maker Created A Unique Value Proposition

By Upwallstreet

May 22, 10:06 AM

On Tuesday, Xpeng Inc (NYSE: XPEV) reported its first fiscal quarter results that showed it did a great job of narrowing its loss on the back of higher EV deliveries and improved margins. Upon the results, XPeng’s shares rose 13%.

BYDDY

2 minute read

Ford Endorses Biden’s Emission Rules Even As Republicans Oppose: Report

By Shivani Kumaresan

May 21, 10:45 AM

Ford Motor supports the Biden administration's plan to cut vehicle emissions by 50% from 2027 to 2032. This move contrasts with Republican claims that the regulations harm businesses. The initiative, endorsed by the EPA, promotes long-term regulatory stability and aligns with President Biden's climate change agenda.

1 minute read

BMW Mini Cooper Imports Linked To Banned Chinese Components: Report

By Shivani Kumaresan

May 20, 1:11 PM

Discover the implications: BMW Group's 8,000 Mini Cooper imports to the US flagged for banned Chinese components, sparking scrutiny from the Senate. Learn how the Uyghur Forced Labor Prevention Act (UFLPA) is reshaping supply chains and raising concerns about forced labor practices in China's Xinjiang region.

BMWYY