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BMW AG’s carmaking profits are projected to fall below long-term goals this year due to trade tensions and lower sales in China, with expected profit margins of 5% to 7%. …
BMW Faces Profit Decline Amid Trade Tensions and China Sales Challenges Read More
U.S. states exhibit a divided stance on welcoming Chinese automakers, weighing potential economic benefits against national security concerns. Industry experts predict that partnerships with existing manufacturers or utilization of dormant …
U.S. States Divided on Welcoming Chinese Automakers Amid Security Concerns Read More
China’s government has initiated fundamental reforms in renewable energy pricing, transitioning from fixed coal-linked prices to competitive auctions, which may significantly lower renewable energy costs and facilitate coal’s exit from …
China’s Renewable Energy Pricing Reform: A Shift Towards Competitive Auctions and Coal Phase-Out Read More
In February, China led global electric vehicle sales despite EU tariffs affecting certain brands. Sales grew by 49% year-on-year, although figures were influenced by the Chinese New Year. Tariffs imposed …
China Dominates Electric Vehicle Purchases Amid EU Tariffs Read More
Syrah Resources aimed to challenge China’s graphite market dominance with its Mozambique mine but has faced significant setbacks, including price drops due to increased Chinese production and local protests. The …
The Continuing Struggle of the U.S. in Competing for Critical Minerals Read More
The National Association of Automotive Vehicle Manufacturers (Anfavea) is urging Brazil’s government to reinstate a 35 percent tariff on Chinese vehicle imports due to an influx of electric and hybrid …
Anfavea Calls for Increased Tariffs on Chinese Vehicle Imports in Brazil Read More
Asian stocks rose on Thursday, driven by President Trump’s delay on auto tariffs and speculation about a significant stimulus package from China. Markets reacted favorably, with notable increases in key …
Asian Markets Surge Amid U.S. Tariff Delay and Anticipated Chinese Stimulus Read More
BYD plans to raise $5.2 billion through a share sale, which would be the largest in Hong Kong in four years. The funds will support overseas expansion efforts and increase …
BYD Plans $5.2 Billion Share Sale to Support European Expansion and R&D Efforts Read More
Nigerian automotive importer David Tope is struggling due to rising costs from currency devaluation and increased duties. A new 25% U.S. tariff on vehicle imports may further impede Nigeria’s auto …
Impact of U.S. Tariff Hike on Nigeria’s Automotive Market Read More
China’s technological advancements, particularly in AI, overshadow the UK’s capabilities. With over 6,000 STEM PhDs produced monthly and a patent filing rate that outstrips the US, China’s dominance in technology …
The Growing Challenge of China’s Technological Dominance to the UK Read More