Electric Vehicle (EV)

China’s Trade Surplus Hits Record $990 Billion

China’s General Administration of Customs announced on Monday that exports for 2024 totaled $3.58 trillion, while imports were $2.59 trillion, creating a $990 billion trade surplus that easily surpassed the previous record of $838 billion in 2022.

a large cargo ship loaded with lots of containers

Ford Pleads for Government Aid to Sell EVs Nobody Wants

The UK government is being pushed by the Ford Motor Co. to mandate consumer incentives to push drivers into electric vehicles (EVs) as an industry backlash grows over imposed sales targets and the marketplace flatly rejecting the product.

CORTE MADERA, CALIFORNIA - JUNE 27: An electric car charges at a mall parking lot on June