Mercedes, BMW, Porsche stand to lose most in EU-China tariff row

More and more suppliers are offering the technology, which can automatically darken the glass, even by different zones. Renault says it is particularly suited for EVs. 

Mercedes has applied for tax breaks for potential projects at two of its U.S. plants under the Inflation Reduction Act, a company spokesperson said.

The plan to push back to 2035 a requirement that automakers sell only zero emission cars angered automakers worried about investment and supply chain uncertainty, but it may make little difference to the pace of a shift to electric vehicles, experts say.

HiPhi, the automotive brand of Human Horizons, aims to attract young, wealthy buyers in Europe who don’t want to be seen in a traditional German premium car.

ZF Group has been able to keep up production of axles at its Tuscaloosa, Alabama, factory in the two days since UAW workers began striking there, allowing nearby production of key Mercedes models to continue.

European automakers say Euro 7, which is set to come into force from 2025, is too costly and will distract the industry from going all-electric.

Europe's investigation into China's EV subsidies has stoked concerns about a potential tariff war.

Toyota Group is seeking to raise EV production to about 150,000 vehicles in 2023 and gradually increase it further to about 190,000 next year on the way to producing 600,000 vehicles in 2025.

Ismail Dagli, who currently leads the supplier's mobility services, will take over from Frank Petznick, who will leave the company.

Some European businesses fear an outsize reaction from China that they worry could come in the form of its own tariffs or other trade curbs that could target industries beyond just cars.