President Donald Trump suggested that he may cancel his upcoming meeting with Chinese President Xi Jinping, after Xi sent what Trump described as “hostile” letters indicating China’s plans to restrict exports of rare earth minerals.
Read More China restricts rare earth exports as Trump vows strong response, reigniting trade tensions
By Reuters June 13, 2025 – 7:41 AM PDT (Reuters) – Ford Motor Co (F.N) is struggling with supplies of rare earth…
Read More Ford struggles with supply of rare earth magnets, CEO tells Bloomberg News
Honda and Nissan are in talks to deepen ties, the clearest sign yet of how Japan’s once seemingly unbeatable auto industry is being reshaped by challenges from Tesla and Chinese rivals.
Read More Honda, Nissan move to deepen ties, sources say, including possible merger
The U.S. Environmental Protection Agency said on Wednesday it has approved California’s landmark plan to end the sale of gasoline-only vehicles by 2035.
Read More US EPA approves California plan to ban gas-only cars starting in 2035
China is chasing Tesla in the race to build battery-powered humanoids expected to replace human workers building EVs on assembly lines.
Read More China’s robot makers chase Tesla to deliver humanoid workers
The Elon Musk-led company’s shares fell 5.3% in early trading and were on track to lose about $30 billion in market value.
Read More Tesla quarterly deliveries fall for the first time in nearly four years