News, deep dives, and analysis — every Europe story, newest first.
In a stunning reversal of fortune, Germany’s automotive powerhouses are finding themselves outpaced and outmaneuvered in the world’s largest car market. A recent Bloomberg report paints a sobering picture of how Volkswagen, BMW, and Mercedes-Benz are desperately scrambling to catch up with local Chinese brands in the electric vehicle race. The EV Revolution Leaves German…
Volkswagen’s banking on affordable electric vehicles to revive its flagging sales in Europe and China, echoing a strategy from the 1970s oil crisis. According to Fortune, the German automaker plans to roll out eight new budget-friendly EVs by 2027. From Elektro Bus to ID.2all: VW’s Electric Evolution Back in the early ’70s, VW experimented with…
Volkswagen Group reported a complex picture for its electric vehicle (EV) sales in the third quarter of 2024, according to a recent press release. While overall deliveries declined, there were bright spots in certain markets and segments. Global EV Deliveries Down, But Order Intake Surges The automaker delivered 506,500 battery electric vehicles (BEVs) worldwide in…
BMW Group is making waves in the electric vehicle market, with their latest quarterly report revealing a stark contrast between EV sales and overall performance. According to their Q3 2024 figures, the German automaker’s electric vehicle deliveries are climbing steadily, even as total sales face significant headwinds. EV Sales Climb as Overall Numbers Take a…
Tesla’s futuristic Cybertruck is causing quite a stir across the pond, with European safety advocates sounding the alarm over its unconventional design and hefty proportions. A recent report from The Guardian highlights the growing concerns about whether this electric behemoth can play nice with EU road safety regulations. A Square Peg in a Round Hole?…
Tesla’s latest offering in the UK and Europe is turning heads. The American automaker has launched a new longer-range version of its popular Model 3, boasting an impressive 436 miles of official range. This news comes from a recent announcement by Tesla, signaling a significant leap in EV technology and market competition. Pricing and Efficiency…
China’s commerce ministry announced provisional anti-dumping measures on brandy imports from the European Union, effective October 11. This decision, reported by Reuters, marks a reversal from their earlier stance and adds another layer to the ongoing trade tensions between China and the EU. Unexpected U-Turn in Trade Relations The Chinese commerce ministry’s statement requires importers…
A new study by economists has taken a hard look at the $7,500 tax credit for U.S.-made electric vehicles (EVs) under the Inflation Reduction Act (IRA). The findings? It’s complicated, but there’s a silver lining. According to The New York Times, Americans are seeing a two-to-one return on their investment in these subsidies. The Good,…
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