Chinese-owned semiconductor company Nexperia

Global Automakers Reeling as Dutch Seizure of Chinese-Owned Nexperia Sparks Chip Supply Turmoil

Global automakers are facing renewed supply chain disruptions after the Netherlands’ late-September seizure of Chinese-owned semiconductor firm Nexperia triggered a wave of retaliatory measures from Beijing, including an export ban on the company’s products. The escalating dispute has rippled through...
Car miniature, "Electric vechicles (EVs)" words, EU and Chinese flags are seen in this illustration taken, September 26, 2023. REUTERS/File Photo

Chinese and European Automakers Face Off at Paris Auto Show Amidst Rising Tensions Over EU Tariffs

The Paris Motor Show on Monday set the stage for fierce competition between Chinese and European automakers, as they clashed against the backdrop of growing tensions over the European Union’s (EU) proposed import tariffs on Chinese-made electric vehicles (EVs). As...