Keep pulling the thread on European Union.
Nissan is partnering with Uber to supply autonomous vehicles, powered by Wave technology, for a robo-taxi service.
Honda announced it will book substantial financial losses related to its strategic shift away from electric vehicles.
According to Reuters, more than six Chinese automakers, including BYD and Geely, are planning to introduce electric heavy-duty trucks to the European market this year.
Chinese automakers intend to undercut the price of European electric heavy-duty trucks by 30%, with the average European model costing €320,000 ($380,000).
Honda has canceled the development of three electric vehicles for the North American market: the Zero Series SUV, the Zero Series Saloon, and the Acura RSX.
The price of oil increased by 7% to $98 per barrel following attacks on tankers in the Persian Gulf.
Several tankers were attacked and left burning in the Persian Gulf, contributing to commodity price increases.
Passenger car sales in China declined by 26% during the first two months of the year.
China's total vehicle exports increased by 48% during the first two months of the year.
In February, Tesla delivered over 58,000 new cars in China, representing a 91% increase compared to the same month last year.
Morgan Stanley and Morningstar forecast that Tesla's global sales will decline for the third consecutive year.
Morgan Stanley and Morningstar predict Tesla will post negative cash flow in 2026, which would be the first time in seven years.