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    US government to offer $1.7 billion in grants to convert existing plants to manufacture electric vehicles and components
    The Biden administration plans to award $1.7 billion in grants to General Motors (GM), Stellantis and others to convert existing plants to manufacture electric vehicles and components. The fund will be provided by the US Department of Energy under “Domestic Automotive Manufacturing Conversion Grants” to 11 “shuttered or at risk” plants in Michigan, Ohio, Pennsylvania, Georgia, Illinois, Indiana, Maryland and Virginia. The grant aims to bolster the US auto industry's competitiveness, reta...
    EV tariffs to slow but not stop Chinese carmakers to grow presence in Europe
    The European Commission’s new tariffs on made-in-China electric vehicles may slow down Chinese carmakers looking to grow sales in Europe, but would not stop leading players such as BYD from penetrating further and continuing to pose serious competition to local carmakers, according to a news report published by Nikkei Asia on June 13. Earlier on June 12, the European Commission announced that it plans to impose provisional countervailing duties on Chinese carmakers from July 4, if discussio...
    European Commission to impose duties up to 38% on import of made-in-China EVs
    The European Commission has imposed additional duties on the made-in-China electric vehicles imported and sold in Europe, after arriving at a provisional conclusion that the battery-electric vehicles (BEVs) value chain in mainland China benefits from an unfair subsidization, the commission announced June 12. The announcement comes soon after Valdis Dombrovskis, a Latvian politician who is currently serving the European Commission as executive vice president and a trade commissioner, had recen...
    US state of Virginia to exit California EV mandate to ban combustion cars from 2035
    The US state of Virginia plans to exit the California electric vehicle mandate as the current regulations expire by the end of 2024, according to a press note issued by the governor of Virginia on June 5. An official opinion from Attorney General Jason Miyares in response to a request by the Governor and Senate Republican Leader Ryan McDougle has confirmed that Virginia is not required to comply with expansive new mandates adopted by the unelected California Air Resources Board (CARB), set to...
    Turkey plans to impose 40% additional tariff on vehicles imported from mainland China
    Turkey plans to impose an additional tariff of 40% on vehicles imported from mainland China in order to protect its domestic automotive industry, according to a press release dated June 10. The move is also expected to prevent a potential worsening of its current account balance. The additional tariff will be set at a minimum of $7,000 per vehicle and will become effective from July 7. According to the Turkish Trade Ministry, if the 40% tariff calculated from the price of an imported vehicle ...
    US government opens applications for $1.3 billion in funding for national EV charging network
    The US government has opened applications for a $1.3 billion funding opportunity for electric vehicle (EV) charging and alternative-fueling infrastructure in urban and rural communities and along designated highways, interstates, and major roadways, the US Joint Office of Department of Energy (DOE) and Department of Transportation (DOT) announced on May 30. The funding opportunity stems from the Bipartisan Infrastructure Law’s signature EV charging investments, such as the $2.5 billion Char...
    New bill introduced in US to limit or ban entry of mainland China-built connected vehicles
    On May 29, US Representative Elissa Slotkin introduced a new bill that would limit or ban the introduction of connected vehicles produced by mainland Chinese automakers in the US. The Connected Vehicle National Review Act aims to establish a formal national security review for connected vehicles built by companies from mainland China or other countries of concern. It would allow the US Commerce Department to limit or ban the introduction of these vehicles in the US market if they pose a threat t...
    EU implements European Critical Raw Materials Act
    The European Commission announced May 23 that the European Critical Raw Materials Act went into force in the EU region with a primary aim of securing a stable supply chain of critical materials that are key to the European Green Deal. The newly implemented regulatory framework under the European Critical Raw Materials Act aims to strengthen domestic capacities and consolidate the sustainability and circularity of raw material supply chains in the EU, while reducing the region’s dependency o...
    Beijing may raise tariffs on imported cars with large engines to 25%
    Mainland China must raise temporary tariffs on imported cars to a maximum of 25%, a senior executive from a government-affiliated automotive research organization said in an interview with state-run media publication Global Times on May 21. Liu Bin, chief expert of China Automotive Technology and Research Center and deputy director of China Automotive Strategy and Policy Research Center, has called for raising the import duty to 25% on gasoline cars with engines larger than 2.5 liters, potent...
    UK passes automated vehicle legislation, allowing autonomous cars on roads by 2026
    The UK's Automated Vehicles (AV) bill has received royal assent and the AV Act has become law, according to the UK government's official website on May 20. Transport Secretary Mark Harper expressed his optimism, stating that self-driving vehicles could be seen on Britain's roads within the next two years. Harper emphasized that the deployment of this technology will not only enhance safety but also provide a significant boost to the economy. The newly enacted legislation applies nationwide, a...
    Mainland China asks domestic automakers to increase use of locally sourced chips in vehicles
    Mainland China has urged its domestic automakers, including BYD, Dongfeng, FAW, GAC and SAIC, to source up to a quarter of total chips locally, Nikkei Asia reported on May 16. Currently, these automakers meet around 10% of their total chip requirements locally. However, the Chinese Ministry of Industry and Information Technology expects these automakers to increase the local procurement to 20% or 25% by next year. According to the business daily, the 20%-25% goal refers to both the number of ...
    US raises tariffs on EV imports from China to 100% from 2024
    US president Joe Biden has announced new increased tariffs on a number of goods imported from mainland China, including electric cars, batteries, critical minerals, semiconductors, steel and aluminum, solar cells, medical products, among other product categories. The US administration has raised the tariff rate on electric vehicles (EVs) imported from mainland China under Section 301 from 25% to 100% in 2024, the White House said on May 14. “[We will impose] a 100% tariff on electric vehicl...
    US government plans new funding for small, medium-sized auto component suppliers
    The US government plans more than $100 million in new funding for small and medium-sized automotive component manufacturers, aiding them in expanding and retooling their manufacturing facilities, the White House said in a press note issued on May 6. The announcement comes as US Vice President Kamala Harris is on a nationwide Economic Opportunity Tour to take stock of new investments in the US automotive industry. According to the press note, the new funding of over $100 million for small a...
    US NHTSA finalizes safety rule to reduce crashes
    The US Transportation Department's National Highway Traffic Safety Administration (NHTSA) has finalized a new Federal Motor Vehicle Safety Standard that will make automatic emergency braking (AEB) standard on all passenger cars and light trucks by September 2029, according to a press statement dated April 29. The safety standard is expected to significantly reduce rear-end and pedestrian crashes. AEB systems can detect when a vehicle is about to crash and automatically apply the brakes. Pedes...
    Japan, Europe to share critical information on battery supply chain to counter mainland China
    Japan and Europe have agreed to cooperate in establishing a circular economy for critical materials that are used in producing batteries. According to a news report published by Nikkei Asia on April 22, Japan's Information-technology Promotion Agency (IPA), under the Ministry of Economy, Trade and Industry, plans to sign a memorandum of understanding (MoU) with European counterparts on information sharing and mutual certification. The partnership between the two regions will focus on sharing ...
    India revises EV policy to attract new global players, accelerate investments
    The Union Government of India has approved a new electric vehicle policy aimed at attracting global EV makers to invest in India (the world’s third-largest automobile market), build local manufacturing facilities and increase localization of critical components, according to a press note issued by the Indian Ministry of Commerce and Industry on March 15. The new scheme to accelerate investments in the emerging EV domain is aligned with the central government’s Make in India initiativ...
    EU, Norway sign strategic partnership on EV battery supply chain, critical materials
    The European Union and the Kingdom of Norway have signed a memorandum of understanding (MoU) to launch a strategic partnership to develop sustainable land-based raw materials and battery value chains, the European Commission announced in a press note March 21. The MoU between the EU and Norway is being seen an important building block of the EU-Norway Green Alliance, as announced by European Commission President Ursula von der Leyen and Prime Minister of Norway Jonas Gahr Støre in April 2023...
    Intel and US administration announces up to $8.5 billion in direct funding under CHIPS Act
    In a press release on March 20, the US administration has announced that Intel and the US Commerce Department have signed a non-binding preliminary memorandum of terms (PMT) for up to $8.5 billion in direct funding to Intel for commercial semiconductor projects under the CHIPS and Science Act. The CHIPS Act funding aims to increase US semiconductor manufacturing and research and development capabilities, especially in leading-edge semiconductors. Intel is the only US company that both de...
    European Parliament votes in favor of the Euro 7 emission norms
    The European Parliament has given a green light to the implementation of the stricter Euro 7 emission standards for passenger cars, vans, buses, trucks and trailers, the European Parliament announced March 14. The immediate next step includes a formal approval from the European Council before the Euro 7 emission standards enter into force. The Euro 7 norms are slated for implementation across Europe from July 1, 2025, for new light-duty vehicles and July 1, 2027, for new heavy-duty ve...
    Advanced Propulsion Center UK announces £35.7 million in new grant to support zero-emission projects
    The Advanced Propulsion Centre UK (APC), which works as a bridge between the UK government and the automotive industry, has announced the latest round of government and industry funding for zero-tailpipe-emission vehicle technologies. In a press note issued on March 4, APC said that a government grant of £35.7 million will be granted to the new collaborative projects that bring together companies developing key zero-emission technologies, including power electronics and electric drive units (ED...
    US government to invest $17 million to strengthen country’s critical minerals supply chain
    The US Energy Department (DOE) has earmarked government grants of over $17 million for three projects that aim to support the design and construction of facilities that produce rare earth elements, and other critical minerals and materials from coal-based resources, the DOE said in an announcement on Feb. 15. The selected projects, funded by the Bipartisan Infrastructure Law, are expected to strengthen domestic supply chains, helping to meet the growing demand for critical minerals and materi...
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