EU must develop indigenous battery cell production facilities: Angela Merkel

With the automotive industry witnessing a shift towards greener, eco-friendly forms of mobility, the European Union must develop and ramp up the strategic production of battery cells productions to stay relevant and ahead of the competition, opined Merkel. On Tuesday, German Chancellor Angela Merkel said, it is “extremely important” that the European Union develops its…

China’s Guangzhou Automobile Group Co Ltd warns U.S.-China trade war will impacts its entry into U.S market

The Chinese automakers stated if the U.S. were to impose stiff penalties on Chinese vehicle exports, its planned entry into the U.S. market by 2019 will be significantly affected. On Wednesday, China’s Guangzhou Automobile Group Co Ltd stated the brewing trade conflict between China and the United States, especially if stiff tariffs were imposed, its…