AGP Executive Report
Last update: 13 minutes agoVolkswagen Restructuring: Volkswagen is weighing the biggest shake-up in its history, with reports of up to four German plant closures and as many as 100,000 job cuts amid China competition, tariff pressure, and weak European demand. Trade & Regulation: Polestar has been forced to stop selling new cars in the U.S. from the 2027 model year after the Commerce Department moved against connected-vehicle rules tied to data-collection concerns. China EV Momentum: NIO delivered the 10,000th ES9 in just 30 days, signaling strong demand for premium full-size electric SUVs even as the broader market cools. Autonomous Driving Standards: China’s MIIT approved new 5G standards for high-level autonomous driving, effective Sept. 1, 2026, aiming to set clearer network performance and testing benchmarks. Energy Policy: Indonesia begins B50 biodiesel on July 1, boosting energy self-sufficiency and targeting major foreign-exchange savings. EV Supply Chain: CATL launched a direct online sales platform for small and medium energy storage integrators, lowering order minimums and reshaping how storage cells are procured.
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