[SMM Analysis: Will Vietnam's ESS Battery Exports Bear the Brunt of the US's New Tariff Announcement?] SMM News on July 16: It is reported that since early July, the US has been sending letters to multiple countries announcing that new tariffs will take effect on August 1 and apply to "all goods". Meanwhile, during the long weekend of "Independence Day", US President Trump stated that countries without trade agreements with the US will face punitive tariffs of up to 70% starting from August.
[US Sends Letters Announcing New Tariffs; Will Vietnam's Lead-Acid Battery Exports Bear the Brunt?] SMM News on July 16: It is reported that since early July, the US has sent letters to multiple countries announcing that new tariffs will take effect on August 1 and apply to "all goods". Meanwhile, US President Trump stated during the long weekend of "Independence Day" that countries without trade agreements with the US will face punitive tariffs as high as 70% starting from August...
XPENG AEROHT raises $250 million in Series B financing
The fresh capital will support the company's efforts to advance the R&D, mass production, and commercialization of its flying car products.
Huawei's HIMA previews STELATO S9T touring sedan
The model is set to hit the market this fall.
Zeekr rolls out 300,000th shooting brake
Zeekr announced on July 16 that it had celebrated a major production milestone as the 300,000th unit of its shooting brake lineup officially rolled off the assembly line.