Discussion on CAFE standards relaxation, impacting automakers like Tesla, Ford, GM and Stellantis. Concerns raised over affordability, safety, and competition with China in EVs and clean energy. Impact on vehicle costs and innovation debated.
BYD cuts 2025 sales target but sees strong European growth. Xiaomi expands to Europe in 2027. Xpeng enters 5 new European markets. Berkshire Hathaway sells BYD stake.
GM unveils LMR battery tech, reducing cobalt/nickel use, lowering EV costs & boosting appeal amidst credit threats & forecast changes. Partnership with LG aims for US production by 2028.
Tesla faces NY bill challenging direct sales due to Musk's politics, impacting sales & market position. Despite earnings miss, stock reacted positively. Political challenges arise amid growing competition.
