Skoda boss warns EV battle could “destroy residuals” and urges legislators to behave
Automotive

Skoda boss warns EV battle could “destroy residuals” and urges legislators to behave

Skoda’s boss has mentioned that the approaching yr will probably be “probably the most fierce surroundings for EVs” and warned: “That’s not wholesome. It is going to destroy residuals, it’ll destroy buyer sentiments”. Strain is mounting on OEMs throughout Europe as a result of the European Union’s fleet-wide emissions targets, which have gotten extra stringent in 2025. However as uptake […]

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China urges Canada to adjust to WTO guidelines 
Electric Vehicle

China urges Canada to adjust to WTO guidelines 

China is urging Canada to adjust to the World Commerce Group’s (WTO) guidelines concerning electrical car (EV) imports. Final month, Canada’s Division of Finance introduced the Authorities’s intention to impose a 100% tax on China-made EV imports, efficient October 1, 2024. The 100% surtax will apply to completely electrical autos and a few hybrid automobiles […]

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