Trump Calls US Electric Car Subsidy into Question
In an interview with the news agency Reuters, Trump said that he is a “big fan of electric cars” but is also in favour of petrol and hybrid vehicles. He sees a “much smaller market” for electric cars due to…
China Says EU’s ‘unfair’ EV Subsidies Probe Risks Damaging Ties
China’s ambassador to the EU, Fu Cong, criticized the EU’s probe into Chinese electric vehicle manufacturers, calling it unfair. Cong emphasized China’s cooperation with the investigation to avoid trade measures. He pointed out that the EU also subsidizes its own…
Taxpayers are Subsidizing Rich Electric-vehicle Owners
A new report has exposed electric vehicles as wasteful money pits, living up to the adage: If it seems too good to be true, it is.EV proponents often claim they’re cheaper to own than conventional gas- or diesel-powered vehicles, but…
Japan Aims For Joint EV, Chip Subsidy Rules With U.S. And Europe
Japan plans to set shared standards with the U.S. and Europe on subsidies for electric vehicles, semiconductors, and other critical fields, Japanese industry minister Yasutoshi Nishimura told the Nikkei, as reported by the newspaper on Tuesday. Discussions, aimed at promoting…
Elon Musk’s Shanghai-built Tesla Evs Targeted In Eu Probe Into Chinese State Subsidies
When historians look back on the electric vehicle industry, they may very well point to this past month as the turning point marking China’s emergence as a global player in the auto industry. First its electric vehicle manufacturers dominated media…
Germany Leads Push To Delay Electric Vehicle Tariffs Between Eu And Uk
Germany is leading a European push to accept a British request for a delay to tariffs on electric vehicle sales between the UK and the EU, as industry warned the duties would cost billions of euros and reduce the workforce….
Korea Protests France’s EV Subsidy Rules
Korea is expressing strong concerns over France’s proposed revision of electric vehicle (EV) subsidies as it could violate the Korea-European Union (EU) Free Trade Agreement (FTA), according to industry officials and trade experts, Wednesday. The French government has said it is…
Canadian Auto Industry, Politicians Defend EV Subsidies
The Canadian auto sector and governments appear united in saying the huge subsidies sunk into securing a C$7 billion ($5.1 billion) Volkswagen battery plant in southern Ontario make good commercial and economic sense. The level of financing could indicate what the…
