TAG: electric cars

Labour slashes green spending pledge in major U-turn

LONDON — Keir Starmer's Labour Party U-turned on its green investment plans after months of speculation.The party on Thursday ditched its totemic pledge to spend £28 billion a year on green policies — slashing those spending plans by nearly 75 percent.In...

6 months ago

Industry bosses to EU: Help us level up in the global green tech race

HANNOVER, Germany — Europe’s industry is ready to take on state-subsidized Chinese and American rivals in the global green tech race — but Brussels must create the right conditions for it to do so.Failure to act will condemn Europe to deindustrialization:...

5 months ago

Fossil fuel giant Norway pitches itself as Europe’s ideal green partner

HANNOVER, Germany — In world politics, just as in life, some partners are more attractive than others. In its bid to diversify away from China in the race for green technologies and raw materials — all while guaranteeing a stable energy supply — the Europ...

5 months ago

EU probe into Chinese electric vehicles is ‘advancing,’ Commission says

The European Commission’s investigation into Chinese subsidies for electric vehicles is “advancing,” trade chief Valdis Dombrovskis told POLITICO's Brussels Playbook — and he hinted Brussels could impose tariffs “before the summer break.”Brussels has been...

5 months ago

‘Blood minerals’: EU accused of fueling conflict with Rwanda deal

Europe’s hunger for minerals for its electric cars and microchips is sparking accusations that it is inflaming conflict in eastern Congo, one of the world’s worst humanitarian crises that has killed 6 million people over recent decades.The outrage was pro...

2 months ago

Berlin inks lithium deal with Belgrade despite environmental concerns

BELGRADE — German Chancellor Olaf Scholz and European Commission Vice President Maroš Šefčovič locked down a series of deals on Friday granting the EU and European carmakers exclusive access to Serbian lithium and paving the way for the construction of on...

2 months ago

Huge lithium-mining protest triggers crisis meeting in Serbia

A massive protest in Serbia against a lithium-mining project prompted President Aleksandar Vučić to call a government crisis meeting in the early hours of Sunday.Tens of thousands of protesters marched through the capital of Belgrade on Saturday to demons...

2 months ago

France needs to be wary of China’s influence in New Caledonia, report says

New Caledonia’s push for independence from France risks cementing China’s strategic influence in the South Pacific region, according to a new paper from an Australian think tank. The French territory was embroiled in months-long unrest earlier this year a...

1 month ago

As the West slaps tariffs on Chinese cars, Britain ducks the fight

LONDON — While its allies slap steep tariffs on Chinese state-subsidized electric vehicles, Britain is sitting tight.The U.S., EU and Canada have put up barriers this summer after multiple probes found Beijing boosted its EV sector with billions in suppor...

1 month ago

Volkswagen is the anti-Tesla and China is to blame

In Volkswagen’s heyday at the turn of the decade, then-CEO Herbert Diess and Tesla chief Elon Musk had an unusual bromance, often heaping praise on one another’s automotive achievements.Diess hailed Tesla as the benchmark for success, while Musk went so f...

1 month ago