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…
Browsing Tag
Electric Vehicles (EV)
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…
EV start-up Fisker to pause production for 6 weeks
Fisker announced a six-week production pause for its electric vehicles and secured a financing commitment to sell…
Volvo revs up EV charging with Breathe Battery tech
Volvo Cars announced on Tuesday an investment in the UK-based startup Breathe Battery Technologies, to utilise the…
GM Korea to launch 4 new vehicles in ’24
General Motors (GM) Korea unveils plans to introduce four new vehicles in South Korea this year including two…
Hertz to sell 20,000 EVs, shift back to gas-powered cars
Hertz Global Holdings Inc. is planning to sell 20,000 EVs, almost a third of its EV fleet, to reinvest in…
Global electric car sales rise 31% in ‘23
The global fully electric and plug-in hybrid car sales soared by 31 per cent in 2023, down from 60 per cent growth…
Uber, KIA sign EV partnership
Uber, the U.S. ride-hailing platform, signed a partnership with South Korea’s KIA to produce electric vehicles…