Chinese EV stocks surge after EU slaps up to 38% additional import tariffs
Shares of Chinese electric vehicle makers mostly surged on Thursday after the European Union announced higher tariffs of up to 38% on Chinese EVs a day earlier.
Manufacturing asian news
Tesla expects to raise Model 3 prices in Europe after higher EU tariffs on China EVs
Tesla on Thursday said it will likely increase the Europe prices of its Model 3 vehicle from July 1 after the European Union said it could impose provisional higher tariffs on electric cars imported from China.
German next-generation chip firm bags $274 million in funding as Europe ramps up semiconductor push
Black Semiconductor, a startup aiming to create next-generation chip technology, said on Wednesday that it raised 254.4 million euros (US$274 million), mainly from the German government, in a further sign that Europe is ramping up its push in the critical components.
Shares of Porsche, VW and other European carmakers fall following reports of 'dieselgate' lawsuits in Britain
Shares of European carmakers fell on Wednesday following a report that some of the world's largest auto manufacturers face possible lawsuits in Britain for allegedly cheating emissions tests.
China accounts for half of Japan's chipmaking equipment exports
TOKYO -- At least 50% of Japan's exports of semiconductor manufacturing equipment went to China for a third straight quarter in the three months through March, amid an apparent surge in demand for less advanced gear spurred by U.S.-led trade restrictions.
Taiwan's energy crunch could 'throw a wrench' into the global semiconductor industry
Taiwan, the world's semiconductor powerhouse, is facing a power crunch — and this could spell trouble for chipmakers.
EU is expected to unveil tariff plans for Chinese EVs this week
The European Union is expected to reveal its tariff rate plan for Chinese electric vehicles this week, as the bloc cracks down on low-priced, subsidized imports.
Vietnam eyes greener power but banks on coal to avert blackouts
HANOI/HOA BINH, Vietnam — Lights are off and air conditioning is down at the headquarters of Vietnam's state-run electricity provider EVN as the country's top power utility tries to "lead by example" to avoid a repeat of last year's crippling blackouts, an official tells visitors.