April 05, 2023
Dutch solar carmaker Lightyear declared bankrupt by the court in January, has managed to find eight more million with mostly private investors, a group of 225 people around Amsterdam entrepreneur Arnoud Aalbersberg. Lightyear has announced the founding of a new company that will focus entirely on Lightyear 2. This might enable the company to reboot […]
April 04, 2023
The US Treasury Department has issued guidance for the electric vehicle (EV) tax credits under the famous Inflation Reduction Act (IRA). Though the final draft doesn’t bring in surprise requirements, the declaration has been awaited as it outlines how the eligibility for the second half, applying to battery component sourcing and critical minerals, is calculated. […]
April 04, 2023
The Korean car manufacturer SsangYong Motor Company was saved from bankruptcy last year (September) by the Korean chemical-to-steel group KG. So today, the name of the new automotive KG daughter has changed to KG Mobility. KG Mobility showcases three new concepts and the new Torres EVX at the Seoul Motor Show, now taking place in […]
April 04, 2023
The registrations of new cars in Belgium and Luxembourg increased for the eighth consecutive month. With 51 754 cars registered, it is an increase of 39,9% compared to 2022 and the best month of March since pre-corona 2019, when almost 55 000 cars got registered. The increase is noticeable in the professional (fleet) and individual […]
April 03, 2023
The German car manufacturer BMW Group is betting on efficient design and recycling to bring down battery costs and is steering clear of investing in mines, its finance chief said on Friday, according to Reuters press agency, setting it apart from some competitors digging deep into the supply chain. “We don’t think it is right […]
April 03, 2023
It looks like, besides Zeekr, there is no end coming to Chinese EV brands that are targeting to land in Europe. HiPhi, the brand of the Human Horizons Group founded in 2018, will launch in some European markets later this year, a company executive told Reuters press agency. Today it sells the HiPhi X SUV […]
April 03, 2023
Tesla has beaten analysts’ forecasts with 422 875 cars delivered in the first quarter of 2023. However, with this achievement, the EV maker also slashes its previous record of 405 000 vehicles, achieved during the fourth quarter of 2022. The price cuts, which started in China and then spread globally, are the main contributor to […]
April 03, 2023
General Motors has revealed its plan to scrap Android Auto and Apple CarPlay smartphone connectivity from its electric vehicles. However, Google will be providing its Android Automotive infotainment system to GM. The General wants to gather more data from its users and also aims to sell them subscription services to use some apps or connectivity […]
April 03, 2023
According to Volkswagen brand boss Thomas Schäfer, it is now clear that there will be no ninth generation of the current VW Golf, despite being still a best-seller. Schäfer uttered similar thoughts in the German newspaper Die Welt in August last year. Now he has reiterated them in an interview with the specialized magazine Automobilwoche. […]
April 03, 2023
The Chinese luxury brand Zeekr, daughter of Geely Holding Group and sister brand to Volvo and Lynk & Co, among others, is having a crack at the European premium electric car market, starting in Q4 of this year. The latter was confirmed by the CEO An Conghui – also President of Geely – at the […]
March 31, 2023
Carmakers and suppliers are looking into several innovations to meet the growing demand for convenient and more accessible charging infrastructure. For example, Chinese charging service provider NaaS is joining the likes of Volkswagen and announcing the development – and launch – of a self-developed automatic mobile charging robot. The compact robot on wheels, looking for […]
March 30, 2023
BMW has rounded off a year-long winter testing program with the i5, the first all-electric 5 Series. This testing validated the powertrain’s and heating system’s ability to perform at extremely low temperatures and provided valuable data for fine-tuning the torque delivery and unique stability control systems. The electric BMW 5 Series has had to prove […]
March 30, 2023
Lucid Motors is joining the growing list of EV makers forced to trim down on their operations. With the ambition of challenging Tesla, the American electric carmaker is to cut about 1 300 jobs or nearly one-fifth (18 percent) of its workforce. Lucid CEO Peter Rawlinson calls it “a painful but necessary decision”. He expects […]
March 29, 2023
Velocity Truck Rental & Leasing has placed a large order of 200 electric Freightliner trucks, which will mainly be used in Southern California. The Freightliner eM2 medium duty and eCascadia heavy-duty e-trucks have a driving range of up to 230 miles and will be offered to Velocity’s fleet customers, including a charging service. Daimler Truck’s […]
March 29, 2023
Kia already gave us a look at the design of its EV9, with its boxy shape and three-row seating, but now the Korean manufacturer has revealed all of the relevant technical data of the flagship SUV. And that includes the 541 km driving range of the most efficient version, thanks to a new-gen battery used […]
March 29, 2023
Rupert Stadler, the former top executive of Audi, may receive a suspended prison sentence for his part in late-scale cheat software with the brand’s diesel cars. To qualify, Stadler must admit guilt, says the Munich court. For the past two and a half years, the 60-year-old Stadler and three co-defendants have been facing charges relating […]
March 28, 2023
The United States and Japan have signed an agreement to strengthen supply chains for critical minerals like lithium, cobalt, nickel, and electric vehicle batteries. The agreement also envisages strengthening trade between the two countries in these products, which are essential for the energy transition and have been dominated by China. The agreement marks the first […]
March 28, 2023
With the final life cycle of internal combustion engines (ICE) in sight, Audi has decided to change its model naming structure to differentiate its fuel-powered models from its electric vehicles. As a result, new EVs will have an even number (A4, A6, A8), while ICE-powered models will be odd-numbered (A3, A5, A7). But the e-tron […]
March 28, 2023
Toyota and component supplier Denso have signed an agreement with Israeli wireless EV charging specialist Electreon to develop a wireless charging solution for the electric vehicles of the Japanese car manufacturer. This includes integrating wireless charging in new vehicles, an aftermarket solution for existing cars, and a plan to standardize the technology. Electreon specializes in […]
March 27, 2023
German drivetrain parts specialist Schaeffler has developed a compact electric hub motor suited for municipal utility vehicles, with manufacturers of street sweepers, snowplows, and garbage collectors already showing interest. This innovation represents a new step in eliminating air and noise pollution from cities and other densely-populated areas. Schaeffler has been innovating in the electric drivetrain […]
March 27, 2023
The EU Commission and the German government have agreed on a compromise on how new cars with combustion engines can be registered after 2035 as long as they run on climate-neutral fuel. The original regulation on the phasing out of internal combustion engines is not to be touched again, and the exceptions will now be […]
March 27, 2023
For foreign carmakers, Germany must be the toughest market to conquer. Not only because domestic carmakers carry a reputation for high standards and sophisticated technology but also because the patriotic feelings of the population tend to favor the local brands. That circle has been broken in the corporate garage for electric vehicles. Among employees, the […]
March 24, 2023
The Dutch owner of a VW Golf TDI bought in 2010 has to be paid a compensation fee of €3 000 because his car contained fraudulent software. It’s the first judgment in court out of four cases introduced by the Stichting Volkswagen Group Diesel Efficiency (VGDES) and the consumer organization Consumentenbond. Meanwhile, European law has […]
March 24, 2023
Belgian bus builder Van Hool has signed a contract with Qbuzz, public transport operator in the Netherlands, for the delivery of 54 battery-electric buses. Earlier, news broke that Qbuzz also ordered 63 e-buses from Ebusco. The buses will be used for regional passenger transport in the Dutch provinces of Groningen and Drenthe. Qbuzz has decided […]
March 24, 2023
Volkswagen plans to produce a total of three million fully electric small cars at its Spanish (Seat) plants in Martorell and Pamplona between 2025 and 2030. The total number can be even higher with the sub-20-000 euro entry-level model announced for 2027. But, probably, the latter won’t be built in Spain. This was announced by […]
March 23, 2023
Colruyt Group is selling Parkwind, a company that builds offshore wind turbines, to Japanese energy company JERA. The Japanese will pay around 1,55 billion euros for the company. Parkwind currently participates in, among others, four of the nine wind farms off the Belgian coast in the North Sea. Those four – Belwind, Northwind, Nobelwind, and […]
March 23, 2023
Dutch electric bus manufacturer Ebusco has secured a new deal with Dutch public transport company Qbuzz, providing up to 63 Ebusco 3.0 electric buses for the Groningen and Drenthe provinces. The new-gen buses are equipped with a large battery pack, allowing them to perform their daily duties without recharging. Qbuzz is a regional public transport […]
March 23, 2023
The new Ford is all about electric vehicles and American roots. And with the latter come thrilling gimmicks like a burnout mode. A patent filing reveals that the brand wants a performance mode for its electric models that enables intentional wheel spin to heat or smoke the tires. The patent includes images of the Mustang Mach-E, suggesting […]
March 23, 2023
The German support for e-fuels in new cars could leave the average German driver paying €210 to fill up their tank, a new analysis by NGO Transport & Environment (T&E) shows. The German Chancellor Olaf Scholz is in a stand-off with the EU over his insistence that cars powered by e-fuel can be sold after […]
March 23, 2023
The Opel Grandland, a compact SUV from Opel also available as PHEV, will be succeeded by a fully electric model next year. Parent company Stellantis is investing € 130 million in the German plant in Eisenach to prepare it for the production of the e-SUV based on the new STLA Medium EV platform of the […]
March 22, 2023
BMW’s venture capital unit i Ventures has co-led a series A investment round for DeepDrive, a German start-up producing dual-rotor electric motors, which promise more range, less material use, and a lower production cost than current state-of-the-art motors. With the investment, DeepDrive wants to start a recruitment drive leading to mass production in 2026. Other […]
March 22, 2023
Are affordable electric cars finally making their way into the market? A few days ago, we reported the wish of VW CEO Thomas Schäfer to have a sub € 20 000 BEV, the ID.1. In an interview with the British car magazine Autocar, car manufacturer Citroën’s chief designer Pierre Leclercq claims to be readying a […]
March 22, 2023
Kia has unveiled a new concept car, the Concept EV5, which resembles the recently introduced electric SUV EV9. This more compact model previews a production model later this year, initially destined for the Chinese market. Kia seems to have found some confidence in its bold styling, first introduced with the EV6 and most recently with […]
March 22, 2023
Morris Commercial, the UK-based automotive engineering and manufacturing start-up, has completed a funding round, securing new investment for producing the Morris J-Type, a small van initially produced in the 1950s. The tiny ID. Buzz’s rival was to hit the road in 2021 but has yet to make it to production. The new launch date is […]
March 21, 2023
Polestar has unveiled the Chinese version of its Polestar 3 SUV, which also gets a significantly lower price than what was first announced during the global model reveal. Meanwhile, the brand is launching a new sporty BST version of the Polestar 2. When the Polestar 3 was first revealed to the world, the Swedish-Chinese brand […]
March 21, 2023
In February 2023, the EU passenger car market continued to perform well, growing by 11,5% to 802 763 units, according to the data of the European car manufacturers association ACEA. However, it is essential to note the low base of comparison due to the semiconductor shortage crisis at the beginning of 2022. Most EU markets […]
March 21, 2023
Volkswagen has just given the details of its ID. 2 with a base price of € 25 000; now it seems that it is planning an even smaller and, more importantly, cheaper car, the ID.1, starting at under € 20 000 and coming in 2027. The German specialized car magazine Automobilwoche spoke to VW brand […]
March 20, 2023
DAF Trucks has raked in a significant order for 1 500 trucks, among which at least 75 fully electric LF and XD trucks, for the British truck rental and leasing company Asset Alliance Group (AAG). With the electric trucks besides the diesel versions, AAG wants to attract new customers in a fast-evolving market for e-trucks, […]
March 20, 2023
The Mazda Motor Corporation announced last Friday that its Board of Directors has proposed that Masahiro Moro will become President and CEO. He succeeds Akira Marumoto, who has led the global Mazda business since 2018. Jeffrey Guyton will be the new CFO. Moro (62) joined the company in 1983. Before he took over his current […]
March 20, 2023
According to a Reuters report, Volkswagen plan to invest in mining with its subsidiary PowerCo to ower EV battery costs. Many car makers have preferential contracts with raw material suppliers in their pockets. Still, the German carmaker wants to go one step further and go directly to the source by absorbing mining activities in its […]
March 20, 2023
Harley-Davidson has finally opened reservations for the One electric motorcycle from its LiveWire sub-brand. It will cost around €25 000 and will initially be available in Europe, with deliveries starting in April. The LiveWire One is initially launching in just four European countries: Germany, France, the Netherlands, and the UK. No Belgian pricing or launch […]
March 17, 2023
Tesla is putting the bricks into place to ramp up production in its Grünheide facility, close to Berlin, to 1 million cars annually. An environmental application has been filed to double the permitted output of today. Currently, the German plant churns out 4 000 units of Model Y per week. But according to the original […]
March 17, 2023
Lithium de France, a subsidiary of the French group Arverne, has raised 44 million in funds for the explorations to build its first well. The company, based in Bischwiller (Bas-Rhin), near Strasbourg, will develop two synergistic projects around geothermal heat and green lithium in northern Alsace. The two main investors in the fund Equinox Ventures, […]
March 17, 2023
At Audi AG’s annual media conference, CEO Markus Duesmann and CFO Jürgen Rittersberger addressed the key financials for the 2022 fiscal year and focused on strategic decision-making, holistic sustainability, and the upcoming model initiative. Markus Duesmann: “Even here in Germany, we are feeling the impact of the Russian war of aggression against Ukraine quite directly […]
March 16, 2023
BMW plans at least six model launches within 24 months for the ‘New Class’ electric cars from 2025 onward. To this end, additional plants are to be converted for the production of these electric cars. More concrete information on the platform and the first models will be available in September. Electric cars based on the […]
March 16, 2023
Volkswagen has just presented the ID.2all concept. The long-expected low-cost ID.2 also previews VW’s new design language. The series ID.2. scheduled for 2025 will be “as spacious as a Golf, as inexpensive as a Polo”. The target price lies below €25 000. At the same time, VW announces it will further accelerate its electrification strategy. […]
March 15, 2023
The new BMW head-up display is called BMW Panoramic Vision and represents the reinterpretation of the BMW driver orientation “eyes on the road, hands on the wheel” in the ‘Neue Klasse’. BMW is developing an entirely new technological platform for the ‘Neue Klasse’, whose name refers to the company’s pioneering models of the 1960s. This […]
March 15, 2023
Hyundai Doosan Infracore (HDI), the manufacturer of heavy machinery and construction equipment, has developed a hydrogen combustion engine. Not for passenger vehicle use but for commercial vehicles, construction equipment, and power generators. The 11-liter unit will be ready for mass production by 2025. HDI has completed the design of its hydrogen combustion engine for commercial […]
March 15, 2023
Kia is joining the category of luxurious seven-seater SUVs with the EV9, set to debut later this month. In the wake of the full release, the Korean carmaker shared the first model pictures and some info. Though Kia already has a few battery-powered models, like the Niro EV and the Soul EV, the EV9 is […]
March 15, 2023
In the next five years, two-thirds of VW Group’s investments will be turned to electric and connected cars. The Group foresees €122 billion in investments in electrification, 68% of its total investment portfolio of €180 billion. The latter is also heightened by 13% compared to earlier multi-annual plans of the Group. At the same time, […]
March 14, 2023
Porsche’s performance grew by 13% last year. As the sports carmaker managed revenue of 37,6 billion euros, it saw figures rising to a record high thanks to increasing demand and a growing interest for more exclusive personalized models. As a result, profit came in at 6.,8 billion euros. Porsche sold 309 884 units last year. […]
March 14, 2023
The 16-ton electric Volta Zero from Swedish start-up Volta Trucks has received its European Whole Vehicle Type Approval, which means it can be sold in Europe and that it’s finalized for production. Series production of the Volta Zero is expected to begin soon, with an “early Q2 2023” deadline set by the company. Volta Trucks […]
March 14, 2023
Japanese carmaker Mitsubishi, the third partner in the Renault-Nissan Alliance, has presented its mid-term strategy, including the rollout of sixteen new models in the next five years, of which ni.’ ‘xEVs’. For Mitsubishi, the latter means a mix of BEVs, HEVs, and PHEVs with four fully battery-electric models in the pipeline. These four include an […]
March 14, 2023
BMW and Volkswagen have reduced the prices of their EVs in China significantly. This comes after several carmakers (Mercedes and Tesla among them) have started offering their electric cars for less to increase sales and reduce inventory in the country. The Volkwagen joint ventures FAW-Volkswagen and SAIC Volkswagen are lowering the prices of their ID. […]
March 10, 2023
Although nowhere to find in the official PR communication, some tech tidbits are leaking from BMW via British car magazine Autocar about a beefed-up MINI Cooper Electric, due in 2024. The MINI hatch, rebaptized Cooper, will get bigger batteries than the current 32.6 kWh to stretch the range beyond the somewhat limited 234 km (WLTP) […]
March 10, 2023
The European Commission decided on Thursday that individual member states are temporarily allowed to support local industries developing green technologies. The move answers protectionist measures in the United States and China. Among other carmakers, the Volkswagen Group awaited this approval to decide on its battery plant in Poland. As Europe fears that its multinationals will […]
March 10, 2023
The BMW Group met its forecasted financial targets for 2022 and delivered a solid operating performance in a difficult business environment. The premium manufacturer significantly increased Group EBT (€ 23,5 billion/ +46,4%) and net profit (€ 18,6 billion/ +49,1%) from the previous year, despite a decrease in sales (-4,8%). This positive development can be attributed […]
March 09, 2023
A survey from RTL/N-TV is throwing more oil on the fire in Germany, as the country is currently obstructing the final vote on the de facto ban for combustion engines as of 2035. With only 14% in favor, national enthusiasm for the European deal is low. The probe unveiled that 68% of the German population […]
March 08, 2023
VinGroup, the owner of the Vietnamese EV brand Vinfast, has kickstarted a new subsidiary focusing on renting electric cars and e-scooters and offering taxi services. Giving its own twist to the hype of mobility users, the holding claims it will be the first multi-platform green transport rental and taxi service. VinGroup Chairman Pham Nhat Vuong […]
March 08, 2023
Chinese car manufacturer Xiaopeng has unveiled the facelift of the P7, its Tesla Model 3 competitor. The new version of the electric sedan will be called P7i in China, although the European name will remain unchanged. A LiDAR system, better performance, and faster charging are new for the facelift. The XPeng P7 was released in […]
