Published by Promoting Economic Pluralism
Nissan Motor and Honda Motor have officially begun talks to merge by 2026 as Japan’s automakers seek an edge over tough Chinese rivals and Tesla. On Monday, the carmakers said …
Honda, Nissan, and Mitsubishi may merge to compete with Tesla and China’s EV makers Read More
In May 2024, the White House announced a series of new tariffs on Chinese products, including a 100% tax on imports of Chinese electric vehicles (EVs), set to take effect later this …
“Nothing like before” — China is out-competing the West on EVs Read More
The German term “Zeitenwende,” which literally translates to “a change of times,” is being used rather frequently in German politics at the moment. Coined by German Chancellor Olaf Scholz to address the new foreign and …
How the VW crisis is a failure of Germany’s car policy Read More
By taxing carbon-intensive imports, the EU says it will help its domestic companies take ambitious climate action while still remaining competitive with firms in nations where environmental laws are less strict. There …
Can ‘carbon border adjustment mechanisms’ help tackle climate change? Read More
LONDON, Oct 25 (Reuters) – Morgan Stanley has lowered its expectations for cutting emissions from its corporate lending portfolio as the world is moving too slowly to a greener economy, …
Morgan Stanley lowers climate target, warns on sluggish transition Read More
The air-taxi market is predicted to grow exponentially by the end of the decade, but experts have warned that its future depends on a well-planned network of vertiports that would …
Air taxi growth demands efficient vertiports and traffic control systems Read More
When one of China’s once-popular electric vehicle startups went bust, car owners encountered an unexpected problem: Their vehicles went “offline.” Richard Qian didn’t know what to expect when he heard …
When EV startups shut down, will their cars still work? Read More
The Labour Government has granted permission to a business-focused airport to massively expand the number of passengers it can carry every year. London City Airport will be allowed to increase its annual …
Government Approves Expansion of London City Airport, as Climate Campaigners Say Only ‘Private Jet Users’ Will Benefit Read More
Hyundai Motor Co. is facing renewed accusations that it benefited from illegal child labor in Alabama, where it operates a manufacturing plant. The U.S. Department of Labor on Thursday sued the South …
Hyundai benefited from ‘oppressive’ child labor in Alabama facilities, lawsuit says Read More
NEW YORK (AP) — Some of the world’s wildest action in financial markets is roiling around the Japanese yen. The value of Japan’s currency has tumbled so much that for …
Indians who pre-ordered Teslas in 2016 are giving up and chasing refunds Read More