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With near-monopoly on rare earth magnets, China decides fate of global EV industry

With near-monopoly on rare earth magnets, China decides fate of global EV industry

by AIP Online Bureau | Jun 7, 2025 | Eco/Invest/Demography, International News, Policy, Risk Management, Technology

China holds a near-monopoly on rare earth magnets – a crucial component in electric vehicle motors – and it added them to an export control list in April as part of its trade war with the United States, forcing all exporters to apply to Beijing for licenses. In a...
With near-monopoly on rare earth magnets, China decides fate of global EV industry

Electric PV retail sales up 56.87 pc at 12,233 units in April: FADA

by AIP Online Bureau | May 6, 2025 | Data, Eco/Invest/Demography, Technology

Tata Motors continued to lead the market with 4,436 units of electric PVs sold last month, although JSW MG Motor India and Mahindra & Mahindra (M&M) are catching up with 3,462 units and 2,979 units respectively, as per the Federation of Automotive Dealers...
Toyota Motor Corp. plans to move 100 residents of a futuristic city at base of Mount Fuji

Toyota Motor Corp. plans to move 100 residents of a futuristic city at base of Mount Fuji

by AIP Online Bureau | Jan 7, 2025 | Eco/Invest/Demography, Facts, Technology

Akio Toyoda,Chairman,Toyota A key part of Toyota’s broader Woven initiative is a new software platform and vehicle operating system it calls Arene, which is designed to speed up car development and lower costs. It plans to deploy the system this year and make it a...
India’s EV market rises 23 pc in September with 1.59 lakh unit sales

India’s EV market rises 23 pc in September with 1.59 lakh unit sales

by AIP Online Bureau | Oct 2, 2024 | Climate, Environment, Renewable Energy, Data, Eco/Invest/Demography, Indian News, Non-Life, Policy

Electric two-wheeler sales were 0.90 lakh units, a rise from 0.64 lakh units in the same month last year. The electric three-wheeler segment saw 0.63 lakh unit sales, compared with 0.58 lakh units in September 2023, as per the data New Delhi: In a boost for the...
Mercedes Benz fire incident may slow down EV transition in South Korea

Mercedes Benz fire incident may slow down EV transition in South Korea

by AIP Online Bureau | Sep 23, 2024 | Eco/Invest/Demography, International News, Non-Life, Policy, Regulation, Reinsurance, Risk Management, Technology

Although batteries are a critical component in electric cars and can pose serious safety risks if not properly manufactured or managed, automakers have so far kept the identity of their battery suppliers confidential, not just in Korea but around the globe. A...
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