[International News] Biden announced an investigation into basic chips made in China; Toyota plans to build a new electric vehicle factory in China; global light vehicle production and sales forecast in 2025

Focusing on the production economy, Biden announced an investigation into Chinese-made basic chips, and the Biden government said on December 23 that it would launch an investigation into Chinese-made basic chips, also known as traditional or mature node semiconductors, widely used in automobiles and so on.

Based on the results of the investigation, the US government will first determine whether China’s actions are “unreasonable” or “discriminatory” and impose a burden on US trade.

If so, the future US government may take measures such as retaliatory tariffs or import restrictions.

Global light vehicle sales may increase or decline in 2025, and s & p global mobile travel estimates that global light vehicle sales (including passenger vehicles, sport utility vehicles and pick-up trucks) will grow 1.

7% year-on-year to 89.

6 million units in 2025, partly due to continued improvement in supply chain stability.

however, global light vehicle production may fall 0.

4% year-on-year to 88.

7 million units.

Chinese automakers continued to lose market share of electric cars in Europe in November, with Chinese companies such as BYD and SAIC Mingjue accounting for 7.

4 per cent of European electric vehicle registrations in November, down from 8.

2 per cent in October and the lowest level since March, according to auto research firm Dataforce.

Previously, the entry into force of new EU tariffs on Chinese electric cars increased the cost of exporting cars to Europe by 35%.

Focusing on the new trends of traditional automakers, Honda Nissan officially announced the launch of merger talks, and on December 23, Japanese automakers Honda and Nissan signed a memorandum of understanding to formally launch merger talks.

Over the next six months, the two companies will discuss merging their operations into a holding company, with a final agreement expected to be signed in June 2025 and a merger scheduled for August 2026.

After the merger, the new holding company will become the third largest carmaker by sales in the world.

Ghosn: skeptical about the success of the Nissan-Honda alliance.

After Honda and Nissan announced the start of merger talks, former Nissan CEO Carlos Ghosn said he was skeptical about the success of the deal.

He called the plan “meaningless” because from an industrial point of view, there is duplication between the two companies, and complementarity in the merger is necessary.

But this is not the case between Honda and Nissan.

Toyota plans to build a new electric car plant in China, and Toyota has decided to build a new electric car plant in Shanghai, China, to produce cars from its luxury brand Lexus, the Nikkei News reported on December 23.

It is reported that, unlike the previous joint venture model, Toyota plans to operate the new plant independently.

Volkswagen shares fell after the agreement with the union, and fell 3% on December 23 after Volkswagen reached an agreement with the union on a cost-cutting plan, which analysts said fell short of management’s initial ambitions and market expectations.

and lack of urgency, in addition, there is still uncertainty in the implementation process.

Stellantis will extend the shutdown time at the Mirafiori plant, and Stellantis said its electric version of the Fiat 500 city car will be extended by a few more weeks to January 20 next year, while the production of two Maserati sports cars will be extended to February 3.

These cars are all made at the Mirafiori factory. U.S. Senator-elect: Stellantis should divest the Jeep, Ram, Dodge and Chrysler brands.

Ohio car dealer Bernie Moreno, who will become a US senator in January, hopes to play an important role in auto policy-making during Trump’s second term, including encouraging Stellantis to divest the Jeep, Ram, Dodge and Chrysler brands.

Moreno believes that these brands are badly mismanaged by European interest groups and should be returned to American hands.

Focusing on electrification, Canoo forced remaining employees to take unpaid leave, and Canoo, a beleaguered electric van start-up, has asked its remaining employees to enter the so-called “mandatory unpaid break”, which will last until at least the end of the year, according to an email.

Rivian has delivered more than 20, 000 electric vans to Amazon, and the US e-commerce giant Amazon has more than 20, 000 Rivian electric delivery vans (EDV) shipping across the country.

Amazon has used these vehicles to deliver more than 1 billion packages this year.

, return to the first electric network home page >.

Link to this article: https://evcnd.com/international-news-biden-announced-an-investigation-into-basic-chips-made-in-china-toyota-plans-to-build-a-new-electric-vehicle-factory-in-china-global-light-vehicle-production-and-sales-forecast/

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