Covestro and BYD Sign Strategic Partnership
Covestro and BYD signed a strategic partnership to jointly develop advanced material solutions for electric vehicles, batteries, and energy storage. The collaboration focuses on joint R&D, supply secu
Covestro and BYD signed a strategic partnership to jointly develop advanced material solutions for electric vehicles, batteries, and energy storage. The collaboration focuses on joint R&D, supply secu
Geely will ship its first Lotus EVs to Canada next month under a new trade agreement allowing 49,000 Chinese EVs annually. The deal also highlights expanded trade potential in Canadian crude oil, LNG,
Geely executives warn EU carbon border taxes will increasingly restrict exports. The CBAM scheme covers six basic material sectors starting in 2026, with plans to expand to automotive parts by 2028.
Chinese automakers BYD and Geely anticipate increased EV demand driven by rising oil prices due to the Iran conflict, while Hindustan Unilever faces potential input cost pressures.