Author: News Desk

Canadian Prime Minister Mark Carmey declared a 25% tariff on U.S. vehicle imports that fall outside the provisions of free trade agreements. Carney stated that Canada would soon enforce a 25% counter-tariff on U.S. car imports that fail to meet CUSMA regulations. According to Carney’s spokesperson, Emily Williams, about 10%—equivalent to 67,000—of vehicles imported from the U.S. last year failed to meet CUSMA standards, amounting to an estimated value of $3 billion. Under CUSMA, a vehicle must be comprised of at least 75% North American content to qualify for a tariff exemption. Carney clarified that, unlike the U.S., Canada will…

Ford Motors will offer employee pricing discounts to customers across most of its U.S. lineup, including models built overseas from Thursday, in response to the Trump administration’s 25% tariffs on imported vehicles. Ford Motors is introducing a ‘From America, For America’ campaign, allowing consumers to take advantage of employee pricing. It applies to Ford and Lincoln vehicles, providing potential savings of thousands of dollars on each one. The offer will be valid at dealerships across the U.S. from April 3 to June 2. As part of the campaign, Ford will extend its employee-pricing program, known as the A Plan, to…

Hyundai has unveiled an updated version of the Ioniq 6 electric sedan while also teasing and confirming the arrival of its high-performance N variant. Revealed at the Seoul Mobility Show alongside the striking Insteroid concept car, the Ioniq 6 has received a completely redesigned and more aggressive front end with Hyundai’s latest design language. Hyundai has officially showcased the standard Ioniq 6 and the Ioniq 6 N Line, while the high-performance N variant is yet to debut in July. The updated Ioniq 6 maintains its ‘streamliner’ body structure, specifically designed to minimize aerodynamic drag and maximize driving range. Hyundai has…

The European Union issued a $495 million fine to 15 leading car manufacturers and ACEA on Tuesday for participating in a cartel linked to vehicle recycling practices. The European Union imposed a substantial fine of $495 million (approximately Rs 4,237.62 crore) on 15 leading car manufacturers in Europe, along with the European Automobiles Manufacturers Association (ACEA). The penalty was issued for participation in a long-standing cartel related to end-of-life vehicle recycling. All the companies acknowledged their roles in the cartel and agreed to resolve the case through a settlement. An investigation by the European Commission revealed that, for more than…

Tesla has rolled out a three-year, zero-interest financing plan in China for the updated Model Y and Model 3 for a limited time in the coming weeks. Starting Monday, Tesla introduced zero-interest loans for the new Model Y, available for terms ranging from one to three years. Additionally, Tesla is providing a one-to-five-year financing plan with an interest rate starting at 1%, requiring a minimum down payment of RMB 45,900 (approximately $6,325). On Tuesday, Tesla confirmed that the offer will remain valid through the end of the month. Meanwhile, the delivery wait time for the long-range all-wheel-drive version (AWD) of…

Vauxhall has lowered the prices across its entire lineup of electric vehicles in an effort to exempt from the costly luxury car tax, commonly known as the car supplement. The change follows the UK government’s decision to remove road tax exemptions for electric vehicles, effective from April 1. The Expensive Car Supplement, once limited to petrol, diesel, and hybrid vehicles, now applies to all new cars priced at £40,000 or more. Car buyers now need to pay an extra £425 annually for five years, in addition to the standard road tax, which is currently £10 in the first year and…

Huawei and Zeekr will unveil next-generation EV superchargers, joining BYD and Didi to revolutionize charging speeds. Huawei’s supercharger can deliver up to 1,500 kW, while Zeekr’s version offers a peak output of 1,200 kW. Huawei will debut its megawatt-level supercharger on April 22, signaling its entry into high-powered charging. With an impressive 1.5 MW peak output and a maximum charging current of 2,400 A, the charger can deliver 20 kWh per minute, enabling a full EV charge in just 15 minutes. Although high-speed chargers are often designed for passenger EVs, Huawei focuses on developing the technology specifically for heavy-duty trucks.…

Kia has launched a new over-the-air (OTA) update featuring a range of upgraded capabilities for its connected vehicles, including a generative AI voice assistant now accessible in the EV3. The update, applicable to telematics-equipped vehicles from the 2022 model year onward, introduces enhancements to voice control, connectivity, entertainment, and navigation, showcasing Kia’s dedication to improving the digital driving experience. A standout addition in the update is Kia’s artificial intelligence voice control system, designed to facilitate ‘natural and conversational’ interactions, allowing drivers to adjust various settings through spoken commands. The update for the EV3 introduces paid access to entertainment platforms like…

China has unveiled plans to strengthen EV industry regulations to tackle unfair pricing and misinformation. As reported by the South China Morning Post, the move intends to promote steady growth and ensure profitability in the industry where only three companies are currently generating profits. Zheng Bei, the deputy head of the National Development and Reform Commission (NDRC), stated during the China EV 100 forum in Beijing over the weekend that any companies engaging in unfair competition would face consequences if the price reductions were deemed excessive or unjustifiable. Unfair practices also extend to the dissemination of false information, misleading consumers,…

BYD has entered into a car parts distribution agreement with Italian distributor Intergea on March 27. Chinese electric vehicle maker BYD revealed its plans to expand market share in Europe through a parts distribution agreement in Italy. As reported by Reuters, BYD declared a car parts deal with Intergea, a leading Italian company in the automotive distribution industry, to strengthen its foothold in the region. The agreement was disclosed during the same week the company revealed its intention to double overseas sales to 800,000 units in 2025. It marks the latest effort by Chinese EV manufacturers to diversify their income…