The agency expects carmakers to continue working towards making cheaper and innovative EVs — with China firmly in the lead. It also predicts a hit to Europe’s GDP from the EV transition
Battery-electric vehicles accounted for 8% of new vehicle sales in June and July of this year, while overall auto sales are set to drop 12% this month
Musk’s relationship with Donald Trump and endorsement of many right-wing conspiracies has seen his stock in Hollywood plummet
The Model Y crossover is the best-selling car in China among all power types, with January-June sales of 207,800 vehicles
American firms producing electric vehicles to electric utility equipment largely want higher China tariffs to be reduced, delayed or abandoned altogether
The smartphone and tech outfit revealed, for the first time, it delivered 27,307 electric vehicles in the second quarter
Republican candidate Trump said he’s not a fan of the electric vehicle incentive scheme for automakers
The plan comes as no surprise considering US officials, such as Commerce Secretary Gina Raimondo, have said Chinese tech presents national security risks
Chinese electric vehicle-makers have rushed to take on Tesla, despite increasing competition, slowing demand and looming oversupply
Elon Musk’s firm has seen its stock fall by about 31% so far this year with customers slow to transition away from fossil-fuelled motors
A Chinese industry body chief said Brussels’ investigation was ‘tainted’ and stacked against his country’s automakers
Lawmaker Sherrod Brown, who has also demanded steep tariffs on Chinese EVs, says they are a threat to American automakers