“Not afraid of” Trump's tariffs! Ferrari CEO: Will insist on manufacturing cars in Italy.
① The CEO of Ferrari stated that the company will continue to produce luxury sports cars in Maranello, Italy, including the first all-electric model to be launched next year, unaffected by USA tariff policies. ② Ferrari expects that market demand will not change due to Trump's tariff policies, as its customers are insensitive to price. ③ Ferrari plans to launch its first all-electric vehicle in the fourth quarter of 2025, with previous reports estimating a price of over 0.5 million euros.
Ferrari CEO Says Car Production Will Remain in Italy Amid Tariff Concerns
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Jibang Consulting: In the third quarter, the total installed capacity of global electric vehicle traction power inverters reached 6.87 million units, an increase of 7% compared to the previous quarter.
In the third quarter of 2024, the total installed capacity of global electric vehicle traction power inverters reached 6.87 million units, which is a 7% increase compared to the previous quarter, but the growth rate has declined compared to the same period last year.
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Worried about Trump's policies, South Korean electric car battery manufacturers are reconsidering their investment plans in the United States.
Informed sources reveal that some south korean companies have slowed down or suspended some ongoing factory constructions due to concerns over a decrease in demand for electric autos and the policies that Trump is expected to implement.
A newcomer in the U.S. Senate claims to end subsidies for electric vehicles, allowing consumers to decide which models to purchase.
① Bernie Moreno, the incoming senator from ohio in the usa, stated that if he becomes the "autos czar" in the next Trump administration, one of his top priorities would be to eliminate the $7,500 tax credit for electric vehicles; ② Moreno emphasized that the "market should play a role," calling for an end to government intervention in businesses, and advocated for creating a favorable tax, regulatory, and labor environment for auto companies.
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