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Chinese EV Makers Turn Abandoned Western Factories Into Global Launchpads
Chinese EV Makers Turn Abandoned Western Factories Into Global Launchpads
Chinese EV companies are rapidly expanding overseas by snapping up unused factory space from struggling Western automakers, many of whom are downsizing traditional gasoline-car production, according to Nikkei.
Stellantis recently opened plants in France and Spain to partnerships with Dongfeng and Leapmotor. At the same time, Geely is expected to restart an idle production line at a Spanish factory owned by Ford Motor Company. The trend reflects a broader shift in the auto industry: Chinese EV makers are expanding aggressively while...
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Oct 6, 2026 / Tyler Durden
Rioters Torch Paris School Exit And Trap 100 Students Inside
Rioters Torch Paris School Exit And Trap 100 Students Inside
Via Remix News,
Masked attackers set fires at the doors of a Paris vocational high school Monday, confining about 100 students and staff inside, as nationwide student protests over school conditions entered another week with thousands already arrested and hundreds reported injured.
At the Nicolas-Louis Vauquelin High School in the 13th arrondissement, Principal Carole Zerbib said a group of about 10 people in hoods, masks and black clothing arrived around 7:50 a.m. as students were arriving. She told BFMTV they looked "very...
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Sep 13, 2026 / Tyler Durden
Johnson Says $5,000 Trump Payments Require Congress To Act
Johnson Says $5,000 Trump Payments Require Congress To Act
House Speaker Mike Johnson (R-LA) said on Sunday that President Trump's plan to send $5,000 dividend checks to American adults if Republicans keep both the House and Senate would require an act of Congress.
House Speaker Mike Johnson (R-La.) speaks during the second day of the 2026 Republican Midterm Convention in Dallas on Sept. 10, 2026. Madalina Kilroy/The Epoch Times
"I would assume, yes, he'd need Congress to act, and that’s a creative idea," Johnson told CNN in a "State of the Union" interview.
Tapper: Where would...
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Oct 12, 2026 / Tyler Durden
EU Caps Chinese Hybrids At 350,000 As Deutsche Maps Every Trade Weapon Left In Europe's Arsenal
EU Caps Chinese Hybrids At 350,000 As Deutsche Maps Every Trade Weapon Left In Europe's Arsenal
Brussels has finally picked a rung on the "escalation ladder."
According to a document seen by Bloomberg, the EU will cap imports of Chinese hybrid vehicles at 350,000 cars per year, with the "safeguard measure" taking effect as soon as December 1. The limit rises 6% a year from the second year and the measure runs for four years. And to stay on the right side of the WTO's non-discrimination principle, the cap will formally...
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