In a major step toward decarbonizing the transport sector, Aramco and Chinese electric vehicle giant BYD have entered into a strategic alliance to accelerate innovation in energy-efficient and low-emission vehicle technologies. The partnership is anchored by a Joint Development Agreement between Saudi Aramco Technologies Company...
UK Relaxes EV Mandate Amid U.S. Tariff Pressure and Auto Industry Strain
In response to rising global trade tensions and steep U.S. tariffs, the UK government has announced a strategic easing of its Zero Emission Vehicle (ZEV) Mandate, aiming to reduce pressure on domestic automakers and preserve industry competitiveness. The move follows former U.S. President Donald Trump’s imposition of&nbs...