Search Results for: cars

Sales in Europe of China-built electric vehicles (EVs), such as Tesla Models 3 and Y, BMW iX3 and Renault Dacia’s Spring, could all be hit if the European Union (EU) slaps proposed countervailing duties on cheap battery electric vehicles (BEV) made in China.…

Governments and major auto companies worldwide are vying to be sustainable transport champions, declaring ambitious goals for a switch to electric and zero-emission vehicles as well as other measures to green up their fleets. But environmentalists say that ‘green-botching’ where environmental measures are being implemented by governments and companies so badly that they undermine their green goals is becoming a real problem.…

The Canadian automotive import market is becoming an increasingly important to USA-based assemblers, with USD17.2 billion’s worth of American-made cars, SUVs and light trucks sold in Canada in 2022, according to federal government figures issued from Ottawa. That is up from USD14.2 billion in 2021 and higher than pre-Covid-19 sales – USD14.6 billion in 2018 and USD13.8 billion in 2019.…

A group of 10 foreign nationals, all ethnically Chinese, have appeared at Singapore’s State Courts accused of operating a Singapore dollars SGD1 billion (USD738 million) international money laundering ring. The group have all been denied bail in preliminary hearings, following an island-wide set of police raids on August 15 involving more than 400 police officers.…

Canada’s successful shift towards electric vehicle production is seeing the country’s auto-sector expand from its traditional Ontario base across the country, according to new research. This has been undertaken by non-profits the Trillium Network for Advanced Manufacturing, (which raises public and investor awareness), and Accelerate, an alliance of mining, batteries, fuel cells, R&D, the public sector, Indigenous peoples’ interests, labour, vehicle manufacturing and infrastructure groups.…

While traditional benefits delivered by adhesives in the automotive industry – lightweighting and the ability to bond diverse substrates – remain a constant, the relentless evolution of the battery electric vehicle (BEV), is driving innovation in the segment, manufacturers and market analysts agree.…

A Nigerian politician convicted of corruption over a decade ago has finally seen the GBP101.5 million (USD130 million) he laundered into the UK confiscated by Southwark Crown Court in London. The former governor of Nigeria’s oil-rich Delta state, James Ibori, had been convicted on 10 counts of money laundering and conspiracy to defraud the Nigerian state and its people in the UK during February 2012.…

The US Inflation Reduction Act (IRA) is pushing the European Union (EU) and the UK into paying more subsidies to attract battery electric vehicle (BEV) and battery production to Europe.

While the UK’s Advanced Propulsion Center (APC) forecasts 5 million more BEVs globally by 2030, requiring 3,306 gigawatt hours (GWh) in batteries, (1), the US and China may benefit more in production terms.…

The bounce back from Covid-19 lockdowns to the key south-east Asian economies of Malaysia and Singapore have seen robust growth in both countries, boosting paint and coatings sales, although the Malaysian market has some fragility this year.

Economic growth in both ASEAN (Association of Southeast Asian Nations) members have been robust with data from the World Bank showing Malaysia’s GDP expanding from USD337.34 billion in 2020 to USD406.31 in 2022 (1) – its population being 33.5 million people.…

Ukraine’s automotive assembly, parts and sales sectors are continuing to operate, despite the ongoing Russian invasion, which as of June 19 killed 9,083 civilians (UN figures) and crippled Ukrainian manufacturing.  

The country was once an automotive powerhouse within the Soviet Union, producing large volumes of ZAZ and LAZ vehicles.…