Topic
Business US China

Global Automakers Cut EV Targets

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Global automakers scaled back EV targets and delayed battery deals as falling commodity prices, a supply glut and low-cost Chinese rivals squeezed margins, eroded sales in China and the U.S.

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Ethiopia last year banned the import of new gasoline-powered cars. Nepal reduced import duties on EVs so much that they are now cheaper than cars with internal combustion engines. Brazil raised tariffs on car imports to compel Chinese automakers to set up plants inside Brazil. Etc
A Flood of Green Tech From China Is Upending Global Climate Politics
www.nytimes.com
November 11, 2025 at 3:55 AM

Reposted by Aric Rindfleisch

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Yes, but abandoning GHG reduction is NOT going to make the US export any more cars. They would first have to come up with decent cars and decent car makers (even if Tesla made the best car in the world I would not buy one).
November 10, 2025 at 12:56 PM
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Reposted by Francesco Nicoli

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Batteries for EVs have dropped in price significantly in the past 4-5 years due to scale and large increase in lithium production.
November 10, 2025 at 12:25 PM
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EV and hybrid sales soar in Australia as internal combustion cars fall below 70% market share for first time
www.theguardian.com/environment/...
EV and hybrid sales soar in Australia as internal combustion cars fall below 70% market share for first time
Data from peak motoring body shows battery-electric vehicles accounted for 9.7% of new cars sold in September quarter, the highest proportion on record
www.theguardian.com
November 10, 2025 at 9:39 AM