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Business

Elon Musk wins backing of shareholders on Є52 billion pay package

Tesla’s shareholders voted to reinstate CEO Elon Musk’s $55.8 billion (€52 billion) pay package, which was rejected by a judge in Delaware earlier this year. Investors also approved the relocation of the company’s incorporation to Texas.

Economy

Europe prepares for China retaliation after EU imposes EV tariffs

As retaliation for the EU’s tariffs on Chinese electric vehicles, China could potentially slap duties on things like European pork and dairy products, as well as brandy and luxury goods.

Business

China hits back at EU tariff hike on electric vehicles

Now that Europe has announced tariffs on China-made electric cars, the continent is bracing to see if the other shoe drops.

Europe News

What Brussels found when it probed Chinese subsidies and electric cars

China-made electric vehicles will soon be subject to additional tariffs when they are brought into the European Union's borderless market.

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Europe News

EU to slap extra tariffs on Chinese electric cars

The European Commission's anti-subsidy inquiry into Chinese electric vehicles has been described as one of the most consequential of its kind.

Economy

Why are European countries fighting to get Chinese EV factories?

EU countries are offering incentives such as tax breaks, an easing of regulations in designated zones and support for battery factories to Chinese EV makers.

Economy

Manganese batteries: Could they be the main driver for EVs?

Lithium batteries are expensive to produce, and can be hard to recycle. There are also claims that mining for lithium is dangerous. Manufacturers are looking at other metals to see what they can offer.

Europe Decoded

Your essential guide to the EU probe into Chinese electric cars

The European Commission is close to announcing a decision on its inquiry into Chinese electric vehicles, which has become a litmus test in the West's years-long efforts to confront Beijing's unfair practices.

Europe News

China won't 'sit back and watch' if EU slaps tariffs on electric cars

Brussels worries that the steady rise in imported Chinese electric vehicles could trigger an irreparable loss of competitiveness in the growing sector.

Business

Chinese EV makers planning quiet takeover of the European market

Chinese EVs have a competitive edge when it comes to their European counterparts because they cost less and offer more features as standard.

Mobility

VivaTech 2024: Safer EV batteries and flying taxis on show in Paris

Transport companies are presenting their latest innovations at the VivaTech. On land and in the air, the trends are electrification and autonomy.

Business

Online car dealer Cazoo crashes into insolvency putting jobs at risk

The troubled online car seller Cazoo had recently cut hundreds of jobs as part of a major programme of restructuring in an attempt to survive.

Business

European ports turned into car parks as EV makers hunt buyers

Sales of electric cars in Europe are relatively low, but it is just one reason why the vehicles are piling up in Europe's major ports.

Business

Nissan is investing big in European electric car production

Big money and artificial intelligence are going into a wholly electric range of cars to be produced in the UK.

Business

BMW unveils AI driven plans for it's Munich plant to go electric only

BMW’s historic Munich factory will exclusively produce electric vehicles from 2027 as the company shifts towards its e-mobility targets.

China

Trade is at the heart of EU-China relations, experts say

A renewed focus on Beijing comes amid Chinese President Xi Jinping's European tour, at a time when China-EU ties are strained.

Business

Losses balloon at luxury car maker Aston Martin as SUV sales plunge

The luxury car manufacturer Aston Martin reveals it has sunk £139m (€162.52m) into red during opening quarter

Business

Tesla founder Musk visits China during Beijing auto show

Musk is viewed in China as a favourable contrast to the stern statements from US officials, particularly during the recent visit by US Secretary of State Antony Blinken.

Mobility

Euroviews. We can't hesitate with autonomous driving like we did with electric

Let's propel the automotive industry into a future where autonomy is not just a possibility but a reality, Henrik Green writes.

Business

VW and other European electric car makers fight to catch up with China

Volkswagen and other European giants risk falling behind in an industry where manufacturing and sales dynamics are changing with incredible speed.