New car sales in the European Union took a nosedive in August, dropping by 18.3% to their lowest levels in three years. The decline was particularly steep for electric vehicles (EVs), with sales plunging by 43.9%. This marks the fourth…
China’s top trade official, Wang Wentao, is on a mission to sway EU trade boss Valdis Dombrovskis and prevent hefty duties on Chinese electric vehicle (EV) imports. However, his whistle-stop tour of European capitals might hit a roadblock in Brussels,…
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…
Alemania se encuentra en una posición precaria ante la escalada de tensiones entre la Unión Europea y China por los aranceles propuestos a los vehículos eléctricos. Los profundos lazos económicos del país con ambas partes lo han situado en el centro...
La decisión de la Unión Europea de imponer aranceles adicionales de hasta 38,1% a los vehículos eléctricos importados de China ha suscitado las críticas de Pekín y aumentado la preocupación por una posible guerra comercial. La medida se produce tras una investigación sobre el apoyo estatal de China...
La posición de Alemania sobre los aranceles a los VE El canciller alemán, Olaf Scholz, se ha mostrado contrario a restringir el comercio de automóviles, mientras la Unión Europea se acerca a la imposición de aranceles a los vehículos eléctricos (VE) importados de China. Scholz subrayó que la industria automovilística alemana, que...
Dirk Messner pide normas comerciales justas y basadas en la ciencia En un discurso pronunciado en la embajada alemana en Pekín, Dirk Messner, presidente de la Agencia Alemana de Medio Ambiente, subrayó la necesidad de reforzar los lazos multilaterales para luchar contra el cambio climático en medio de los actuales desafíos geopolíticos...
La próxima junta general anual (JGA) de Tesla, que se celebrará el 13 de junio, se enfrenta a posibles obstáculos, ya que decenas de miles de accionistas minoristas internacionales, que poseen alrededor de $17 mil millones en acciones, podrían no...
El Canciller confía en la industria automovilística alemana a pesar de los retos El Canciller alemán, Olaf Scholz, ha elogiado como "muy buena" la iniciativa de Volkswagen AG de desarrollar vehículos eléctricos (VE) asequibles a partir de 20.000 euros ($21.696). En su intervención en el Foro Económico de Alemania Oriental celebrado en Bad Saarow,...
Gigafábrica de Tesla en Berlín: Una revolución en la fabricación de automóviles Tesla ha vuelto a poner el listón muy alto con su Gigafábrica de Berlín, una inversión de $5.500 millones que está dando forma al futuro de la industria del automóvil. A través de un nuevo y atractivo vídeo publicado por...
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