EU postpones decision to hit China EVs with tariffs, report says
The delay aims to keep the issue out of the election campaign phase, said German magazine Spiegel.
EV switch will be 'burden' on suppliers, Stellantis CEO Carlos Tavares says
Stellantis CEO Carlos Tavares said the need to cut EV costs could mean that the supplier base will shift to lower-cost countries from the West.
NHTSA asks Tesla for more information in ongoing steering loss safety probe
U.S. auto safety regulators are asking Tesla to produce additional safety and complaint records regarding an ongoing safety probe into power steering loss in some Model 3 and Y vehicles.
Elon Musk could become U.S. policy adviser if Trump wins election, report says
The two have discussed ways for Musk, who runs the social media platform X as well as SpaceX and Tesla, to have “formal input and influence” over economic and border security policies, according to The Wall Street Journal.
EV startup VinFast considers delaying $4 billion U.S. assembly plant, report says
The Vietnamese company originally planned to complete the factory in July 2024 but later pushed back the start of operations to 2025. It is considering another delay, Reuters reported.