Egypt to implement new standards for automotive sales market
Egypt is set to establish and announce clear standards for its automotive sector to enhance market regulation and…
Browsing Tag
Electric Vehicles (EV)
Morgan Stanley cuts ’24 oil demand growth forecast to 1.1m bpd
Morgan Stanley has reduced its global oil demand growth forecast for 2024 from 1.2 million barrels per day (mbpd)…
Europe needs flexible EV transition schedule – Renault CEO
Renault CEO Luca De Meo has voiced concerns over Europe's timeline for transitioning to electric vehicles (EV),…
EU car sales surge 4.3% in June
New car sales in the European Union (EU) rose 4.3 per cent in June to their highest level since July 2019, driven…
China’s BYD signs $894m deal to build EV parts plant
China's BYD has signed a deal to build a new electric vehicle component factory with a total investment of $894.2…
EU advances with tariffs on China’s EV imports
The European Union (EU) is proceeding with plans to impose provisional tariffs on imported Electric Vehicles (EV)…
Global trade may reach $32t in ’24 – UNCTAD report
UNCTAD forecasts global trade to reach almost $32 trillion in 2024, but it is not expected to exceed the 2022…
Global climate goals hinges on China- German minister
German Economy Minister Robert Habeck stated on Sunday that China is crucial for reaching global climate goals and…
China denies using EV subsidies barred by WTO
China's Foreign Ministry spokesperson, Mao Ning, denied claims that the country's electric vehicle subsidies…
EU to raise tariffs on Chinese EVs
The European Commission is poised to announce higher tariffs on Chinese electric vehicles (EVs), sparking…
