German leader backs open EU market for Chinese cars — RT Business News

German leader backs open EU market for Chinese cars — RT Business News

Source link Speaking in Shanghai, Olaf Scholz has said the only prerequisite is that “competition must be fair” German Chancellor Olaf Scholz has spoken in favor of opening the European market to Chinese automakers as long as they compete “fairly” with other manufacturers. Scholz arrived in China on Sunday for his second visit to the […]

Biden administration cracks down on gasoline-fueled cars — RT World News

Biden administration cracks down on gasoline-fueled cars — RT World News

Source link The US environmental regulator has finalized rules that could force a ninefold increase in the market share of electric vehicles US President Joe Biden’s administration has followed through on its pledge to accelerate the phaseout of cars powered by internal combustion engines, unveiling new emissions rules that may force the nation’s auto industry […]

EU country to begin seizing cars with Russian license plates — RT World News

EU country to begin seizing cars with Russian license plates — RT World News

Source link Finland has joined Estonia and Lithuania in enforcing the bloc’s punitive measures against vehicles from Russia Cars with Russian license plates must leave Finland no later than March 15, otherwise they will be seized, Finnish customs warned on Tuesday. The measure is mandated by EU sanctions against Russia, as well as a policy […]

Russian cars to be confiscated in EU country — RT Russia & Former Soviet Union

Russian cars to be confiscated in EU country — RT Russia & Former Soviet Union

Source link Vehicles with Russian plates must have left Lithuania by a designated date, the Baltic nation’s customs service has said Owners of Russia-registered vehicles in Lithuania will either be fined or have their cars seized under a new regulation that came into force on Monday. According to Lithuanian Customsowners must either re-register and get […]

US war on Chinese electric cars has begun — RT World News

US war on Chinese electric cars has begun — RT World News

Source link American industries are trailing behind, but Biden will leverage protectionism to win the 2024 election By Timur Fomenko, political analyst The Biden administration has announced that it’s launching a probe into Chinese “smart cars,” vowing to protect the American automobile industry. As is conventional, the White House branded the cars a “national security threat” […]

EU country begins seizing Russian cars — RT Russia & Former Soviet Union

EU country begins seizing Russian cars — RT Russia & Former Soviet Union

Source link The confiscated vehicles will be handed over to Ukraine, Latvia’s Transport Ministry said Legislation in Latvia banning the use of cars with Russian license plates has come into force, the EU country’s Transport Ministry has announced. The deadline set by the government in Riga for the owners of such vehicles to register them […]

Electric cars will not dominate global market – Toyota boss  — RT Business News

Electric cars will not dominate global market – Toyota boss  — RT Business News

Source link Drivers rather than regulators or politicians should decide which vehicles they choose, Akio Toyoda has said Electric vehicles (EVs) will never dominate the market and consumers should not be forced to buy them, Toyota Chairman Akio Toyoda stated in comments published on the company’s website on Tuesday. Battery-powered vehicles will only ever reach […]

Ukraine conflict prompts decline in stolen cars in Russia — RT Business News

Ukraine conflict prompts decline in stolen cars in Russia — RT Business News

Source link Thieves used to sell their illicitly obtained vehicles in Ukraine and the Baltic countries before borders closed, an insurance lobby says The number of car thefts in Russia dropped sharply in 2023, largely due to the Ukraine conflict, the business daily Kommersant reported on this week, citing data from the Internal Affairs Ministry […]

Intel announces specialized AI chips for cars — RT Business News

Intel announces specialized AI chips for cars — RT Business News

Source link The company says the technology will provide a more personalized driving experience US chipmaker Intel is getting ready to roll out an AI-focused chip for the automotive sector, the company announced at the Consumer Electronics Show (CES) in Las Vegas on Tuesday. As Intel describes it, the new technology will be “the first-generation […]

EU state sends $1 million worth of drunk drivers’ cars to Kiev – media — RT Russia & Former Soviet Union

EU state sends $1 million worth of drunk drivers’ cars to Kiev – media — RT Russia & Former Soviet Union

Source link Latvia has donated 271 confiscated cars to Ukraine this year and is reportedly planning to send several dozen more in the near future, according to the Delfi news outlet. Under an amendment to the Law on the Support of Civilians of Ukraine, adopted in February, Latvia can transfer any vehicles classed as belonging […]

London mayor relents on giving scrap cars to Ukraine — RT World News

London mayor relents on giving scrap cars to Ukraine — RT World News

Source link Sadiq Khan has changed his mind amid political pressure regarding a request from Kiev’s Vitaly Klitschko London Mayor Sadiq Khan has dropped his refusal to send four-wheel-drive cars and trucks to Ukraine, saying he now supports the idea of giving vehicles to Kiev that would otherwise be scrapped under an environmental program. Khan […]

Russia now biggest export market for Chinese cars – Beijing — RT Business News

Russia now biggest export market for Chinese cars – Beijing — RT Business News

Source link The exodus of major global automakers from the Russian market has opened the door for alternative brands Russia has become the top importer of Chinese cars amid growing bilateral cooperation between Moscow and Beijing, Chinese Ambassador to Russia Zhang Hanhui has told RIA Novosti. Trade between the two countries has been booming in […]

Major Russian automaker inks deal to produce cars in Africa — RT Africa

Major Russian automaker inks deal to produce cars in Africa — RT Africa

Source link Ethio-Engineering Group (EEG) and Russian carmaker Avtovaz have signed an agreement to produce Russian Lada vehicles in Ethiopia, local media reported on Sunday. According to the report, the deal was inked by EEG’s CEO, Suleiman Dedefo, and the head of Avtovaz Export, Ilya Savinov. The agreement’s details, including the expected timeframe for the […]