AGP Executive Report
Last update: 2 hours agoEurope’s Emissions Shift: An EU Parliament committee backed easing the 2035 car emissions cut to 87.5%, reflecting pressure to give automakers more flexibility. EV Demand: UK registrations rose 54%, taking electric cars to a third of the market, while Toyota reported its first profit gain in six quarters as hybrid sales strengthened. Supply-Chain Pressure: Bosch plans 750 more job cuts in Germany amid Chinese competition, while also preparing a standalone semiconductor division to target €5 billion in sales by 2030. Trade Risk: A 10% tariff could hit UK-EU electric-car trade from 2027 if battery sourcing rules are not met, putting prices and model availability at risk. Thailand’s EV Strategy: The country plans tax tiers that favor locally made vehicles and components, with fully imported EVs facing a higher rate. Global Expansion: Chinese manufacturers are increasingly building in Africa rather than relying on exports, while AVATR plans to enter Norway and Spain in 2027.
Note: AI summary from news headlines; neutral sources weighted more to help reduce bias in the result. Feedback is welcome. Please let us know if you have any comments or suggestions about the AGP Executive Report.
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