Share via:
Western carmakers retreating from electric vehicles amid softening government mandates could find themselves in a precarious position as Chinese rivals continue gaining ground in the EV market they’re choosing to de-prioritize. The EU on December 16th dropped its earlier plan to ban petrol car sales outright from 2035, instead requiring carmakers to cut emissions from new vehicles by 90% from 2021 levels. The day before, Ford announced a $19.5 billion asset writedown as it…
We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.
Western carmakers retreating from electric vehicles amid softening government mandates could find themselves in a precarious position as Chinese rivals continue gaining ground in the EV market they’re choosing to de-prioritize. The EU on December 16th dropped its earlier plan to ban petrol car sales outright from 2035, instead requiring carmakers to cut emissions from new vehicles by 90% from 2021 levels. The day before, Ford announced a $19.5 billion asset writedown as it…
We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.
Website Upgradation is going on for any glitch kindly connect at office@startupnews.fyi
