The journey of shifting to electric mobility is not going to be easy for automakers as it is tough to generate profitable margins and get scale in the electric vehicles (EVs) segment, says a research report by Bernstein. The report noted that generating sufficient margins and scaling up in the EV space is difficult, even … Read more
While the former president has previously only taken hits at EVs – saying that they will “kill” the US auto industry and that he would rescind federal support for them – he now strikes a more flexible tone. They’re “incredible” but “not for everybody”, he said, after meeting Tesla’s chief executive Elon Musk. For Trump, … Read more
Former US president Donald Trump stirred a controversy a few days ago when he said in a campaign speech that he would impose a 100% tariff on cars built in Mexico by Chinese companies for sale in the American market. He said there will be a bloodbath in the American auto market if doesn’t win … Read more
