Now playing Next Business TotalEnergies to partner with SSE on new British EV charging company French oil giant TotalEnergies has announced that it is partnering with SSE, a UK-based power company in order to launch an electric vehicle (EV) charging company called Source, which will operate in Britain and Ireland. 16/07/2024
Now playing Next Business VW mulls closure of Brussels Audi plant due to low demand for EVs The Audi plant has seen a drop in demand for luxury EVs. Owner VW is currently trying to find an alternative solution for the Brussels site. 10/07/2024
Now playing Next Europe News EU confirms steep tariffs on Chinese electric vehicles Brussels accuses Beijing of lavishing its car-makers with enormous amounts of subsidies that lead to artificially low prices and unfair competition. 04/07/2024
Now playing Next Business German car giant VW to invest billions in Tesla rival Rivian The deal of up to €4.68bn creates a joint venture that will allow VW and the US-based electric vehicle (EV) maker to share technology. 26/06/2024
Now playing Next Mobility Euroviews. Hybrid vehicles have proven to be the right choice for decarbonisation Instead of considering EVs and hybrids as competing solutions, we should recognise that they are complementary solutions for different problems, Patrice Haettel writes. 25/06/2024
Now playing Next Business Beijing protests EU tariff increase on Chinese electric vehicles Beijing strongly opposes the EU's decision to increase tariffs on their electric vehicles amid efforts by European automakers to forge joint ventures with Chinese counterparts to mitigate the tariff impact. 20/06/2024
Now playing Next Business Ferrari's first electric car to cost at least half a million euros Ferrari's first electric car will cost at least €500,000, a source familiar with the matter told Reuters. 19/06/2024
Now playing Next Europe News China probes EU pork products in prelude to retaliation for EV tariffs The European Commission is expected to increase tariffs on China-made electric vehicles as soon as 5 July. 17/06/2024
Now playing Next Economy Why is Germany opposed to EU tariffs on Chinese electric vehicles? German automobile manufacturers such as BMW, Mercedes-Benz and Volkswagen could be badly hit by retaliatory tariffs because they all have massive production plants in China. 14/06/2024
Now playing Next 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. 14/06/2024
Now playing Next 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. 13/06/2024
Now playing Next 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. 13/06/2024
Now playing Next 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. 13/06/2024
Now playing Next 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. 12/06/2024
Now playing Next 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. 10/06/2024
Now playing Next 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. 08/06/2024
Now playing Next 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. 05/06/2024
Now playing Next 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. 30/05/2024
Now playing Next 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. 30/05/2024
Now playing Next 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. 25/05/2024