Though minister had said ZEV mandate review would be completed ‘quickly as we can’, government confirms it won’t be published until 2027 The government has played down reports that it is planning to bring forward the publication of a review of electric vehicle sales targets from 2027 to next year amid concerns from the car … Read more
Commission proposes cutting obligation for 100% zero emission vehicles beyond 2035 to 90% after pressure from industry and some EU states The EU has confirmed it wants to water down its 2035 ban on the sale of new petrol or diesel cars, yielding to heavy pressure from the car industry and leaders from several EU … Read more
Decision would anger environmental campaigners, who say it would amount to ‘gutting’ of green deal Business live – latest updates The EU’s outright ban on the sale of new petrol and diesel cars from 2035 is poised to be watered down, a senior European parliament politician has said. The decision, expected to be announced by … Read more
Free2Move, Enterprise Car Club and Co Wheels among those eyeing growth, as well as peer-to-peer firm Hiyacar Business live – latest updates Several car-sharing companies are considering launching or expanding in London, with the imminent closure of Zipcar’s UK operation leaving a large gap in the market in one of Europe’s biggest cities. Free2Move, owned … Read more
Vincent Karremans called semiconductor supply chain crisis a ‘wake-up call for western leaders’ The Chinese government has expressed “extreme disappointment” with the Dutch minister at the heart of a row over chip supply to the car industry. A spokesperson for the ministry of commerce was responding to an interview by Vincent Karremans on Thursday in … Read more
Exclusive: Dutch minister says tussle with Chinese-owned Nexperia was ‘like an economic thriller’ and is sobering lesson to world over its dependency on China A bitter battle over the future of a Chinese-owned chipmaker in the Netherlands that threatened to cripple the global car industry is a “wake-up call to Europe and the west”, the … Read more
Dispute began with Dutch government takeover of Nexperia and China halting exports, threatening car production The vital flow of chips from China to the car industry in Europe looks poised to resume as part of the deal struck last week between Donald Trump and his Chinese counterpart, Xi Jinping. The Netherlands has signalled that its … Read more
Beijing tells Netherlands to ‘stop interfering’ after seizure of chipmaker Nexperia as export bans disrupt supply chain Business live – latest updates China has told the Netherlands to “stop interfering” in the seized chipmaker Nexperia, accusing it of prolonging a dispute that has disrupted the global car industry. The Dutch government took control of the … Read more
Dutch-controlled company informs customers about suspension but is said to want to de-escalate trade war Nexperia, the EU-based automotive chipmaker at the centre of a geopolitical dispute, has suspended supplies to its Chinese factory, stepping up a trade war that threatens to halt production at carmakers around the world. The company wrote to customers this … Read more