China and the European Union have reportedly completed the technical aspects of negotiations to resolve their electric vehicle tariff dispute, awaiting the EU's political decision.

AlixPartners predicts that only 15 of China's 129 electric vehicle and plug-in hybrid brands will be financially viable by 2030, signaling major market consolidation.

Powin, a leading global grid-scale battery energy storage system supplier, filed for Chapter 11 bankruptcy protection in New Jersey on June 11, 2025.

Lotus plans to halt production at its historic UK factory after 59 years, relocating to the US to mitigate tariff pressures and focus on hybrid and EV strategies.

Recent US tariff policies are disrupting global energy markets, with significant impacts on oil, gas, and power sectors, altering trade flows and investment strategies.