In a dramatic shift from traditional industry-regulator dynamics, America’s largest automakers are quietly strategizing to preserve Biden’s EV mandates despite Trump’s promises to eliminate them, according to a New York Times report. The High-Stakes EV Transition The auto industry finds…
Volkswagen and Rivian have announced a groundbreaking $5.8 billion joint venture focused on developing advanced electric vehicle technology and software platforms, according to a report from Deutsche Welle. Strategic Partnership Aims for 2027 Launch The collaboration, unveiled in Palo Alto,…
Breaking New Ground in EV Tech Collaboration In a major strategic move that’s reshaping the EV landscape, Volkswagen and Rivian have announced an ambitious joint venture focused on developing advanced software and electronics for electric vehicles. The partnership, which significantly…
Italy is leading a renewed push to revise the European Union’s landmark 2035 combustion engine ban, gaining support from the Czech Republic in calling for a broader approach to vehicle technologies beyond pure electric solutions. According to a Bloomberg News…
Audi has unveiled a new electric vehicle (EV) brand in China, targeting younger drivers with a fresh branding approach that omits the company’s signature four-ring logo. The new brand, simply named AUDI, marks a strategic partnership with Chinese automaker SAIC.…
A planned €3 billion ($3.2 billion) electric vehicle microchip factory in Germany has been put on hold, dealing another blow to the country’s EV manufacturing ambitions, according to The Guardian. Slowing EV Demand Cited as Key Factor The US-based Wolfspeed…
Volvo Cars has significantly cut its annual sales growth forecast and shifted its all-electric timeline as market pressures mount, according to the Financial Times. Growth Forecast Takes a Hit The Swedish automaker now expects just 7-8% retail sales growth this…
The Paris motor show has become a battleground for the future of Europe’s auto industry, with Chinese electric vehicle (EV) manufacturers making a strong push into the market. This development, reported by The Guardian, highlights growing concerns about the competitiveness…
Apple Inc. secretly collaborated with Chinese automaker BYD Co. on developing long-range EV batteries as part of its now-canceled car project, according to a recent Bloomberg report. This partnership, which began around 2017, aimed to create advanced battery systems using…
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…
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…
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…
Tesla has finally pulled back the curtain on its long-awaited robotaxi, dubbed the Cybercab, at the company’s “We, Robot” event on October 10, 2024. This futuristic vehicle promises to revolutionize urban transportation with its fully autonomous capabilities and striking design.…
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…
Rivian, the electric vehicle manufacturer, has announced a significant reduction in its production forecast for this year due to a parts shortage. This news comes from The Verge, highlighting the ongoing challenges faced by the EV industry. Production Cuts and…
The European Union has taken a stand against Chinese electric vehicle imports, voting to impose tariffs of up to 35% on battery cars from China. This move comes as the EU tries to protect its auto industry from what it…
The UK’s auto industry is sounding the alarm over sluggish electric vehicle (EV) sales, warning that missing government-set targets could lead to hefty fines for manufacturers and pricier cars for consumers. This news comes from a Financial Times report detailing…
Tesla’s upcoming Robotaxi Day could be a pivotal moment for the electric vehicle giant and its CEO, Elon Musk. According to a Barron’s article, the event on October 10 in Hollywood, California, may determine whether Tesla regains its position among…
Automakers in the UK are set to provide at least £2 billion ($2.6 billion) in electric vehicle discounts this year, yet they’re still falling short of the government’s sales mandate, according to a Bloomberg report. Record EV Registrations, but Not…
Battery-electric vehicles (BEVs) are maintaining their foothold in the US auto market, defying a broader slowdown in new vehicle sales. According to estimates from S&P Global Mobility, BEVs claimed 8% of new vehicle sales in June and July, with September…
Siemens is carving out its electric vehicle (EV) charging business, aiming to charge up growth in this booming sector. The German industrial giant announced on Monday that it plans to separate its Siemens eMobility unit, combining it with recently acquired…
Spy shots of Nio’s upcoming Firefly electric vehicle have surfaced, giving us our first glimpse of the interior. Auto Home, a local automotive media outlet, shared these images revealing key details about Nio’s third brand. Dual-Screen Setup and Steering Wheel…
Mercedes-Benz, the German luxury automaker, has seen a significant drop in its share price following a profit warning issued on September 20, 2024. The company cited weakening demand in China as the primary reason for the downgrade, which has had…
Rivian is making waves in the electric vehicle (EV) market with its latest tri-motor configuration for its trucks and SUVs. The company is now shipping these models, offering an extra power boost over the dual-motor version. This new setup features…
Volkswagen is making big moves to get its Wolfsburg plant ready for electric vehicle (EV) production. The company has appointed Uwe Schwartz, who successfully converted the Emden plant to EV-only production, as the new manager of the Wolfsburg facility. This…
Nio, the Chinese electric vehicle (EV) manufacturer, has dismissed rumors that it plans to acquire the Audi Brussels car plant. The company’s CEO, William Li, emphasized Nio’s cautious approach to investing in fixed assets, except for battery swap stations. This…
Volkswagen, a major player in the electric vehicle (EV) market, is facing scrutiny over its operations in China’s Xinjiang region. An audit of the company’s jointly owned site there has failed to meet key aspects of international standards, according to…
Germany’s government is exploring ways to support Volkswagen as the automaker faces hurdles in its shift to electric vehicles, according to Reuters. This comes as VW grapples with high costs, low productivity, and fierce competition in the EV market. Government…
Chinese EV maker Nio is reportedly considering a purchase offer for Audi’s plant in Brussels, which is facing potential closure due to low demand for the Q8 E-Tron. This move could help Nio avoid higher tariffs on Chinese EV imports…
BYD, China’s leading electric vehicle (EV) maker, is making a bold move into Europe, with its first assembly plant set to open in Hungary. This strategic decision comes as the European Union considers raising tariffs on EVs imported from China,…
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