Nissan plans to warn UK ministers of a crisis in the car industry due to strict electric vehicle rules, risking jobs and competitiveness. The government quota scheme requires 22% of new car sales to be EVs, with fines of £15,000 per vehicle for non-compliance, leading to tensions between carmakers and the transport department. While the UK aims for all new cars to be fully electric by 2035, slowing growth in EV sales globally and waning consumer demand pose challenges for car manufacturers.
Full Article
Is the Vanguard Russell 2000 ETF a Buy Now?
Funds tracking the Russell 2000 index offer investors exposure to 2,000 small-cap U.S. companies, often outperforming the S&P 500 during economic growth. The Vanguard Russell 2000 ETF (NASDAQ: VTWO) is a popular choice due to its large size and low expense ratio of 0.07%, raising the question of whether it's the right investment option currently. Want More Context? 🔎
Read more