Exclusive: Automakers are sounding the alarm as China’s tight grip on rare-earth exports threatens to throw global production lines into chaos, underscoring the industry’s heavy reliance on these vital materials amid escalating geopolitical tensions, Reuters reports
BYD’s bold vision for expansion in Brazil is hitting some serious roadblocks, as local car manufacturers rally for higher tariffs on imported electric vehicles. These rising trade tensions could put a damper on BYD’s growth ambitions in the fiercely competitive Brazilian market.
Mazda is set to electrify the Japanese market by adopting Tesla’s North American Charging Standard (NACS) connector for its upcoming electric vehicles. This exciting decision not only showcases Mazda’s commitment to innovation but also aligns with a burgeoning trend in the automotive world, making it easier than ever for EV users to access charging infrastructure and enjoy seamless compatibility.
Brazil’s auto market is sparking serious worries about U.S. tariff policy as automakers grapple with soaring costs and dwindling competitiveness. With tariffs on the rise, industry experts caution that these challenges could jeopardize American jobs and lead to higher prices for consumers.
Italy has launched an investigation into automakers Stellantis, Tesla, Volkswagen, and BYD over allegations of misleading information provided to consumers regarding electric vehicles. The inquiry aims to ensure transparency and protect consumer rights in the expanding EV market.
