Tech war: Chinese surveillance firm Uniview calls on US to reconsider its trade sanction

Tech war: Chinese surveillance firm Uniview calls on US to reconsider its trade sanction

Hangzhou-based Uniview on Tuesday was added to the so-called Entity List for enabling “human rights violations, including high-technology surveillance targeted at the general population, Uygurs, and members of other ethnic and religious minority groups”, the US Department of Commerce, which oversees the country’s trade policy, said in a filing. In a statement on Wednesday, Uniview … Read more

EV, ancillary industries in India can attract $40 billion worth investments

EV, ancillary industries in India can attract  billion worth investments

New Delhi: There is a potential $40 billion investment opportunity for the development of electric vehicles (EVs) and ancillary industries in India over the next 5-6 years, a report showed on Wednesday. About two-thirds of the planned investments can potentially materialise in the lithium-ion battery segment alone, said the report by Colliers, a professional services … Read more

GM pulling plug on robotaxis and Cruise autonomous vehicle unit – Daily News

GM pulling plug on robotaxis and Cruise autonomous vehicle unit – Daily News

By Tom Krisher | The Associated Press General Motors said Tuesday it will retreat from the robotaxi business and stop funding its money-losing Cruise autonomous vehicle unit. Instead, the Detroit automaker will focus on development of partially automated driver-assist systems for personal vehicles like its Super Cruise, which allows drivers to take their hands off … Read more

Wie Lindner sich mit Schwarz-Weiß-Fotos retten will – POLITICO

Wie Lindner sich mit Schwarz-Weiß-Fotos retten will – POLITICO

Gegen Mittag wird die FDP heute ihre Kampagne für den Winter-Wahlkampf vorstellen. Auf welche Themen, Motive, Gesichter, aber auch Farben die Liberalen setzen, weiß POLITICO-Reporterin Rixa Fürsen vorab und berichtet im Gespräch mit Gordon Repinski, wie die Leitlinien der FDP vor dem Wahltag im Februar aussehen. Im 200-Sekunden-Interview ist der geschäftsführende Ministerpräsident von Thüringen, Bodo … Read more

Europe in the line of fire as Trump threatens trade war with China – POLITICO

Europe in the line of fire as Trump threatens trade war with China – POLITICO

“The number one issue is not NATO, not even Ukraine, as serious as that is. The number one issue is the displacement of Chinese exports that are going to the U.S. and will now go to Europe,” said Anthony Gardner, who served as U.S. ambassador to the European Union just before Trump’s first mandate. “There … Read more

EV tax credit ‘catastrophically stupid’: Incoming Ohio Sen. Moreno

EV tax credit ‘catastrophically stupid’: Incoming Ohio Sen. Moreno

Republican Senator-elect Bernie Moreno, who made his living as a luxury car dealer before running against and defeating Democrat Sherrod Brown in the large manufacturing state of Ohio, said he is aiming to become the “car czar” within the Senate for the next Trump administration. If Moreno is to fill that role, one of the … Read more

Franco-German fight over South American trade deal threatens EU rupture – POLITICO

Franco-German fight over South American trade deal threatens EU rupture – POLITICO

For the French, von der Leyen’s Montevideo trip is anathema. Hatred of the Mercosur deal with Argentina, Brazil, Uruguay, Paraguay and Bolivia permeates the whole political class. The French fear the accord will undermine their farmers with a tide of cheap poultry and beef from Latin America — and will whip up popular rage against … Read more

Dutch chipmaker NXP, TSMC affiliate plan to expand US$7.8 billion Singapore venture

Dutch chipmaker NXP, TSMC affiliate plan to expand US.8 billion Singapore venture

The Dutch chipmaker and its Taiwanese partner Vanguard International Semiconductor Corp (VIS) on Wednesday broke ground on a joint chip plant in Singapore’s east region. The partners are already working on a phase-two expansion, NXP executive vice-president Andy Micallef told Bloomberg News on the sidelines of the ceremony, though he said that addition has yet … Read more

China automakers BYD, Leapmotor, Xiaomi smash annual delivery targets

China automakers BYD, Leapmotor, Xiaomi smash annual delivery targets

BYD Song L electric cars at the 21st Changchun International Automobile Expo in Changchun, Jilin province, China, on July 17, 2024. Nurphoto | Nurphoto | Getty Images SINGAPORE — Chinese automakers BYD, Leapmotor, and Xiaomi have raced past their annual delivery targets a month ahead of schedule, underscoring their rapid growth and strong market demand … Read more

New petrol engines developed by carmakers including Toyota and Mercedes as EV sales stall

New petrol engines developed by carmakers including Toyota and Mercedes as EV sales stall

Only a few years ago it looked as if the days of the petrol-fired engine were numbered. Now makers such as Mercedes-Benz, Audi and Toyota are saying they expect to sell combustion-engine cars for longer than expected amid disappointing sales of electric vehicles (EVs). Carmakers are feeling the pain of the EV slowdown after governments … Read more