EU votes to impose hefty tariffs on Chinese EVs, but says it will continue to talk with Beijing; a possible compromise could be arranged by setting minimum sales prices
The European Commission looks to have gathered enough support for its planned tariffs to go through, despite pushback from major automakers and key bloc members
Hybrid vehicles drove the sales surge at top Chinese EV brands, in keeping with larger global car-buying trends
Technical talks with China had intensified to an almost daily basis and could extend beyond the end of October, a top European Commission official said
Analysts say making household demand a driver of development, instead of investing in industry and infrastructure, is a long path paved with tough choices
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
Ottawa joined the US and the European Union in putting 100% tariffs on Chinese electric vehicles last month
The power pack, developed by SAIC-GM and CATL, would be the fastest charging electric vehicle battery to date
The world's no-2 crude steel producer has been consuming the metal at a fast pace with robust demand from the infrastructure and automotive sectors
Musk’s relationship with Donald Trump and endorsement of many right-wing conspiracies has seen his stock in Hollywood plummet
Sources say the Commerce Dept is set to propose a ban on Chinese software and hardware in cars on US roads due to national security concerns
China and EU have both vowed to intensify efforts to avert the tariffs, amid concerns that could trigger a 'trade war' between the economic powerhouses