Tag: global automotive industry
GFEI analysis exposes SUVs for undermining reduction in auto emissions
Analysis from the Global Fuel Economy Initiative (GFEI) revealed that carbon emissions could be lowered by more than 30% between 2010 and 2022.
In the...
Secretary Yellen says foreign car brands may be able to qualify...
U.S. Treasury Secretary Yellen said that free trade agreements may give overseas automakers a way to earn electric vehicle tax credits without an act...
Subaru lowers annual target due to an ongoing lack of semiconductors
On Feb. 8, 2023, the Japanese automaker Subaru Corp. reduced its annual output target by about 10% due to the persistent effects of a...
Toyota considers altering older vehicles to reach its sustainability goals
To hasten the global transition to sustainable transportation, Toyota CEO Akio Toyoda suggested replacing the powertrains of its vehicles already on the road at...
Volkswagen considers expanding Chattanooga plant to make room for EV production
According to an inside source, Volkswagen is currently exploring the possibility of expanding its plant in Chattanooga, Tennessee, to accommodate the production of an...
Lucid Group to provide Saudi Arabia 50,000 electric cars over the...
California-based Lucid Group Inc. said this week that the government of Saudi Arabia has agreed to buy at least 50,000 Lucid vehicles throughout the next decade....
Minister Nitin Gadkari renews offer for Tesla to make electric cars...
India’s Road Transport Minister Nitin Gadkari continues his push to get Tesla to produce vehicles in the country despite ongoing disagreements about a potential manufacturing plant...
