Italy’s Prime Minister, Giorgia Meloni, has criticized the EU’s ban on the sale of new fossil fuel-powered car engines after 2035, calling it a “self-destructive” policy. In her address to the Italian industrial association Confindustria, Meloni argued that the “forced…
German auto supplier Bosch’s CEO, Stefan Hartung, expects minimal growth in global car and commercial vehicle markets this year and next, according to a recent interview with Reuters. Hartung noted that the demand for cars is lower than the industry…
Electric vehicles (EVs) are set to take a bigger slice of the European Union’s car market by 2025, according to a recent report by Transport & Environment (T&E). The group predicts that battery-electric cars (BEVs) will reach a market share…
Europe‘s electric vehicle (EV) industry is facing significant challenges, as evidenced by the potential closure of Audi‘s Brussels factory. This news, reported by TechXplore, highlights the broader issues affecting the continent’s EV market. Workers Strike as Closure Looms Around 200…
Volkswagen, once a titan of the auto industry, is now facing a triple threat that’s putting its EV ambitions in jeopardy. According to a recent report from POLITICO, the German carmaker is grappling with challenges from China, a lagging EV…
Global sales of electric vehicles (EVs) and plug-in hybrids jumped 20% year-over-year in August, according to a report from market research firm Rho Mot, according to Reuters. This growth was largely fueled by China‘s booming EV market, which saw a…
Tesla‘s highly anticipated Semi truck has crossed the Atlantic, making its first appearance in Europe at the IAA (Internationale Automobil-Ausstellung) in Hannover, Germany. This international automotive trade fair marks a significant milestone for Tesla’s expansion into the European commercial vehicle…
Sales of Chinese brands are up nearly 22% with Chinese companies overwhelmingly dominating sales of the EV market. Overcapacity in China‘s auto manufacturing has become a major point of tension between the country and other big economies. The complaint from…
Volkswagen‘s recent $5 billion partnership with US electric vehicle start-up Rivian has caused quite a stir among the staff at Cariad, VW’s software division. The deal, aimed at developing software for both companies’ cars, comes after a series of setbacks…
Volkswagen is grappling with a tough decision that could see some of its factories in Germany shut down for the first time in its 87-year history. The automaker, known for its iconic brand, is struggling to meet cost-cutting goals and…
Herbert Diess, Volkswagen‘s ex-chief, is pushing back against criticism of his hybrid vehicle strategy during his time at the helm of Europe‘s biggest carmaker. This comes as the Financial Times reports a slowdown in EV enthusiasm and growing popularity of…
BMW is gearing up to introduce its first hydrogen-powered vehicle by 2028, leveraging fuel cell technology developed in partnership with Toyota Motor Corp. The German automaker made the announcement on Thursday, highlighting its commitment to exploring alternative green technologies, according…
Volkswagen, the German auto giant, is hitting some speed bumps on its journey to electric vehicles (EVs). The company’s facing tough times as it tries to keep up with the fast-changing EV market, according to a recent Wall Street Journal…
European automakers, particularly Volkswagen, are facing a significant crisis in their electric vehicle (EV) production efforts. According to a recent Bloomberg report, German and French carmakers are rapidly losing ground in the race to produce EVs, leading to potential factory…
Volkswagen, one of the world’s largest automakers, is reconsidering its ambitious electric vehicle (EV) battery production goals. According to a recent Reuters report, the company’s battery chief, Thomas Schmall, has indicated that their target of 200 gigawatt hours of battery…
Luxury automaker Porsche is making a bold move into the electric vehicle (EV) battery space, injecting fresh capital into struggling German battery manufacturer Varta. This strategic investment, reported by EuroNews, aims to secure high-performance batteries for Porsche’s growing lineup of…
Volkswagen is making significant changes to its electric vehicle (EV) development strategy in China. The German automaker is centralizing its EV operations in Anhui province, aiming to better compete with local manufacturers and meet the unique demands of Chinese consumers,…
Volkswagen‘s upcoming ID.2 electric vehicle, a critical addition to the automaker’s EV lineup, has been spotted undergoing tests at Germany‘s legendary Nürburgring Nordschleife. Auto Express reports on this significant development for the German manufacturer’s new Golf-sized, but Polo-priced electric car.…
Electric vehicle (EV) leasing costs in Europe have more than doubled over the past three years, driven by plummeting resale values that are putting pressure on leasing companies. This trend threatens to stall Europe’s electric transition, according to a report…
Germany‘s electric vehicle (EV) market is facing a significant downturn, with July registrations showing no signs of recovery following the abrupt end of government subsidies late last year. According to a report from Bloomberg, the slump in EV sales is…
Xiaomi, the Chinese smartphone giant, is making waves in the electric vehicle (EV) market, showcasing its first electric car, the SU7, during the Paris Olympic Games. As reported by Bloomberg, this bold move marks a significant step in the company’s…
Germany finds itself in a precarious position as tensions escalate between the European Union and China over proposed tariffs on electric vehicles. The country‘s deep economic ties with both sides have put it at the center of a brewing trade…
The European Union’s decision to impose additional tariffs of up to 38.1% on electric vehicles imported from China has drawn criticism from Beijing and raised concerns about a potential trade war. The move follows an investigation into China’s state support…
Germany’s Stance on EV Tariffs German Chancellor Olaf Scholz has voiced his opposition to restricting automotive trade, as the European Union moves closer to imposing tariffs on electric vehicles (EVs) imported from China. Scholz emphasized that Germany‘s auto industry, which…
Dirk Messner Calls for Fair, Science-Based Trade Rules In a speech at the German embassy in Beijing, Dirk Messner, president of Germany‘s Environment Agency, emphasized the need for stronger multilateral ties to fight climate change amidst the current geopolitical challenges…
Tesla‘s upcoming annual general meeting (AGM) on June 13 faces potential hurdles as tens of thousands of international retail shareholders, holding around $17 billion in stock, may be unable to vote due to inadequate cross-border voting systems provided by investment…
Chancellor Confident in Germany’s Auto Industry Despite Challenges German Chancellor Olaf Scholz has praised Volkswagen AG’s move to develop affordable electric vehicles (EVs) priced from €20,000 ($21,696) as “very good.” Speaking at the East German Economic Forum in Bad Saarow,…
Tesla’s Berlin Gigafactory: A Revolution in Car Making Tesla has once again set the bar high with its Gigafactory in Berlin, a $5.5 billion investment that’s shaping the future of the automotive industry. Through an engaging new video released by…
The Challenge Ahead In a candid admission from Berlin, Germany‘s Economy Minister Robert Habeck highlighted the ambitious yet daunting path Germany faces to electrify its roads, reports Reuters. The nation’s goal to have 15 million electric vehicles (EVs) cruising by…
The Decline of EV Sales and Challenges Ahead In Germany, the ambitious dream of having 15 million electric vehicles (EVs) on the road by 2030 is facing significant challenges. The once-booming EV market is now grappling with a predicted 14%…
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