VENTURE CAPITAL POST

Canada is reportedly exploring raising tariffs on Chinese-produced electric vehicles (EVs) following the US decision to impose higher levies on these imports.

Advocacy groups within the US bicycle community are calling on domestic stakeholders to reach out to lawmakers regarding the recent EV tariffs.

China's EV maker Nio has introduced the first vehicle from its new budget brand, Onvo, to compete with Tesla's best-selling Model Y car.

Global climate database thinktank InfluenceMap has ranked Toyota dead last in climate lobbying and third-worst in EV production in its 2024 report.

White House officials said the Biden administration would impose a massive tariff increase on Chinese electric vehicles in an announcement on May 14.

President Biden's administration plans to announce new tariffs on China, focusing on industries like electric vehicles, batteries, and solar cells, continuing the economic competition between the two nations.

Vice President Kamala Harris announced a $100 million funding initiative in Detroit to support small and medium-sized auto manufacturers transitioning to electric vehicle production.

General Motors said it will stop producing affordable Chevrolet Malibu cars later this year.

Tesla is sending senior executive Tom Zhu back to China following declining sales in the competitive electric car market. The company hopes to address challenges in the region.

General Motors might need to leave China as losses mount to $106 million in just three months, the third time in 15 years.

The Department of Promotion of Industry and Internal Trade in India is confident that its new EV policy measures will attract and allow more global firms to enter the market.

Honda Motor is planning to invest $11 billion in Ontario, Canada, to build a comprehensive electric vehicle (EV) value chain.

Chinese EV giant BYD secures $3.7B government funding, solidifying global dominance. Concerns rise over unfair competition, prompting EU investigation.

Chinese automakers are expanding global EV exports but face ship shortages, reflecting China's rise as a top auto exporter.

Biden admin adjusts EV targets to 35%, balancing industry concerns. EPA's new rules ease the transition, aiming for 50% emissions cut by 2032 amidst environmental and economic considerations