While European automakers are reliant on external suppliers, Chinese rivals are highly vertically integrated, producing almost everything in-house.
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Author: WionDrive News Desk
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A bipartisan group of US lawmakers has urged the Biden administration to hike tariffs on Chinese-made vehicles.
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A component of Stellantis CEO’s package includes 13 billion euros in long-term incentives linked to specific performance targets.
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SK Siltron CSS will be receiving USD 544 million to expand a plant in Bay City, Michigan that produces high power silicon carbide wafers used …
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INDUSTRY NEWSLatest News
Mercedes-Benz delays electrification goal, beefs up combustion engine line-up
Mercedes-Benz’s 2024 outlook was affected by slower economic growth, supply chain bottlenecks, and trade tensions between China and both the US and EU.
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The suspension of Waymo’s application comes amid growing public hostility towards robotaxis following incidents of accidents.
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Seko has warned that its members may stop installing and servicing Tesla’s charging stations from March 4.
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About USD 30 billion worth of Nvidia shares were traded every day over the past 30 sessions, putting it ahead of Elon Musk’s EV maker.
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While the vote is not binding, it poses an obstacle for the US EV maker’s plans to double the capacity of its German site.
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High cost of EVs has become a barrier to broader mass adoption, thus carmakers like Stellantis and Renault are trying to develop more affordable models.