The auto industry is undergoing a major transformation, driven by technological innovations, environmental concerns, and changing consumer preferences. The future of mobility is expected to...
Europe’s quest for lithium to power the green transition
Lithium, a key component of electric car batteries, has become a strategic resource in the global race to achieve the energy transition. Europe, which currently...
Nio to acquire two plants from JAC in Hefei
Nio, one of the leading electric vehicle makers in China, is planning to buy two manufacturing plants from its partner Anhui Jianghuai Automobile Group Co...
EU to delay Brexit tariffs on electric vehicles for three years
The European Union is reportedly planning to suspend the 10% tariffs on imports and exports of electric vehicles (EVs) between the EU and the UK...
China’s Digital Yuan Expands to Housing Fund Payments
China’s central bank digital currency (CBDC), also known as the digital yuan or e-CNY, has been making steady progress in various applications. The latest development...
Thailand Cuts Down EV Subsidies to Focus on Battery Electric Vehicles
Thailand is one of the leading automotive producers in Southeast Asia, and it has been pursuing a strategy to become a regional hub for electric...
China surpasses Germany as Korea’s top EV supplier
China has overtaken Germany as the leading exporter of electric vehicles (EVs) to South Korea, according to the latest data from the Korea Automobile Importers...
US Automakers Seek Relief from EV Tax Credit Rules
The US Treasury Department is considering granting a temporary reprieve to automakers who are struggling to meet the new requirements for electric vehicle (EV) tax...
Hong Kong’s Cash Crunch: Why Hibor Rates Are Soaring
Hong Kong, one of the world’s leading financial hubs, is facing a severe cash crunch that has pushed the interbank lending rates to the highest...
Asian markets cautious ahead of crucial data, Australia’s ASX 200 gains on real estate and mining stocks
Asian markets traded mixed on Tuesday, as investors awaited key economic data from the US and China, as well as the outcome of the OPEC+...
Gold prices soar to six-month high amid West Asia turmoil
Gold prices have surged to their highest level in six months as the conflict between Israel and Hamas in West Asia continues to escalate. The...
GBP/USD reaches its highest level since early September amid weak dollar and strong UK data
The GBP/USD pair has been on a steady rise for the past few days, reaching its highest level since September 9 on Friday. The pair...
Dollar falls to lowest level in months as inflation data looms
The U.S. dollar slipped to its lowest level in more than two months on Tuesday, as traders awaited the release of the latest inflation data...
Euro hits 16-month high as Fed rate cut bets weigh on dollar
The euro climbed to its highest level since June 2022 on Friday, as bets for smaller Fed rate hikes continued to undermine the US dollar....
Ninja Creami Ice Cream Maker: A Sweet Deal for Cyber Monday
If you are looking for a cool gift for yourself or your loved ones this holiday season, you might want to check out the Ninja...
US stocks rise as holiday shopping season kicks off
The US stock market ended mostly higher on Friday, as investors welcomed the start of the holiday shopping season and shrugged off concerns about the...