Toyota Motor CEO Koji Sato traveled to the planned battery plant location in Japan’s Fukuoka Prefecture after the company announced the decision to postpone its development amid falling global demand for electric vehicles, Nikkei Asia reported on Tuesday.Sato visited the location earlier in the day...
The World Trade Organization (WTO) announced on Monday that it is considering China's request to create a dispute panel to discuss the duties the European Union introduced on new battery electric vehicles (BEV) from that country.In a statement about the Dispute Settlement Body's (DSB)...
Hon Hai Precision Industry Co., Ltd., also known as Foxconn Technology Group, and Mitsubishi Motors Corporation are close to sealing the deal on electric vehicles (EVs), Nikkei Asia reported on Thursday.According to a source familiar with the matter, the partnership would allow the electronics...
Tesla Inc.'s shares decreased by almost 7% on Monday after the company allegedly shared its concerns about the impact of United States President Donald Trump's tariffs on certain imports on its production.The electric vehicle (EV) maker's stock declined by 6.75% at 12:28 pm ET to sell for...
Daimler Truck announced on Friday that its revenue in the fourth quarter of 2024 stood at €14.3 billion, dropping 4% compared to the same period a year earlier and beating analysts' expectations.Adjusted EBIT fell by 29% compared to the same quarter of 2023 to stand at €1.1 billion, while its...
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