China's EV industry, European protectionism, and Japanese car makers

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The chapter explores tensions between Europe, China, and the US in the electric vehicle industry, discussing tariffs, state support, and market opportunities. It also mentions Labour leader Sir Keir Starmer's promises in the UK manifesto and a scandal in Japanese car makers related to safety test data, notably Toyota.

Chinese electric vehicle makers look like they will survive the latest tariffs the EU announced this week, and UK Labour leader Sir Keir Starmer laid out his party’s manifesto. Plus, Toyota is caught up in a scandal. Will it matter during next week’s shareholder meeting?

Mentioned in this podcast:

Japan’s top carmakers caught in widening testing scandal

What the EU’s tariffs on electric vehicles mean for China

Keir Starmer sets out plans to raise £8.6bn in tax at Labour manifesto launch

The FT News Briefing is produced by Fiona Symon, Sonja Hutson, Kasia Broussalian and Marc Filippino. Additional help from Ethan Plotkin, Michela Tindera, Breen Turner, Sam Giovinco, Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Our engineer is Monica Lopez. Our intern is Prakriti Panwar. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music.

Read a transcript of this episode on FT.com

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