November 24, 2022
Japanese carmaker Mazda has revised its sales targets for EVs by 2030. The previously announced share of 25% has been raised to between 25% and 40%. In addition, the company is planning an investment of 10,3 billion euros in its electrification strategy, possibly including a factory for battery production. As one of the members of […]
November 23, 2022
The German supplier ZF presented a new generation of electric drives for passenger cars and light commercial vehicles. With numerous innovations at the component and system level, these are to “set standards with outstanding power density and energy efficiency”. According to the company’s press release, these standards include the compact design of the drives, the […]
November 23, 2022
Persistent rumors exist that the VW brand is about to replan its product strategy for further electric models fundamentally. According to some reports, more electric cars based on the MEB platform will be launched on the market. This means that MEB will have to be modernized, with an investment of billions. Last week, we mentioned […]
November 22, 2022
Swiss/Swedish technology group ABB has raised CHF 200 million (± €204 million) for its E-mobility division. Shares to raise said capital are being issued as part of a pre-IPO private placement. The transaction is expected to close before the end of 2022, and the capital will be used to implement the growth strategy. The private […]
November 22, 2022
The US-based brand Drako is the newest addition to a flood of new brands following in the wake of the electrification of the automotive industry. This gull-winged super-SUV counts on 2 000 hp, and subsequent performance runs outpacing the Ferrari Purosangue. Fasten your seatbelts. Faithful to the customer taste of its home market, the company […]
November 22, 2022
Geely’s luxury brand Zeekr has launched a platform for autonomous driving vehicles. Dubbed SEA-M, the carmaker presented it on a robotaxi, the M-Vision. Google’s subsidiary Waymo is the first customer. The unveiling of the car, and the architecture, follows a previous announcement from Google and Geely unveiling their collaboration on developing an all-electric ride-hailing vehicle […]
November 21, 2022
In October 2022, new passenger car registrations continued their upward trend (+12,2%) in the European Union, with 745 855 units sold. However, this result remained nearly 290 000 units below the October 2019 pre-pandemic levels. When we look at the first nine months, car registrations in the EU fell by 9,9%, but there was a […]
November 21, 2022
Smart’s second new-gen model has been revealed as the #3, another compact electric SUV, but a larger one than the #1, which was launched earlier this year. The model was spotted in a new batch of regulatory filings from the Chinese Ministry of Industry and Information Technology, which also revealed a few key specifications. The […]
November 21, 2022
Over three years, the American carmaker General Motors will be as profitable on its EV portfolio as with its combustion-engined models. That’s what CEO Marry Barra told investors at a meeting. Tax incentives, the spreading of costs, and mining contracts are the main drivers. “Solidly profitable” were the words used to describe the financial outlook […]
November 21, 2022
Volkswagen’s electric car plant in Zwickau set a production record in the week from 7 to 11 November when 7 100 electric cars were produced, more than in any previous week. This means that the plant is close to reaching its maximum capacity. Concerning the future of the VW icon Golf, the CEO has indicated […]
November 18, 2022
The production of the Fisker Ocean has started on schedule at the contract manufacturer Magna in Graz (Austria). However, this production of the electric SUV, for which Fisker has registered more than 63 000 reservations so far, is not expected to really pick up speed until next year. In addition, the configurator with the final […]
November 18, 2022
According to German media sources, the new Volkswagen Group boss Oliver Blume is questioning the construction of the new electric car plant initiated by his predecessor Herbert Diess in the Warmenau district of Wolfsburg. It also means that the first EV planned to be produced there, the prestigious ‘Trinity’ sedan, will also be (at least) […]
November 18, 2022
Carlos Brito, the former CEO of Belgian beer giant AB InBev will become CEO of Carglass parent Belron. Belgian group D’Ieteren, which owns just over half of Belron, announced this on Wednesday. Quite a lot of analysts think that Brito has also been hired to prepare an IPO of the very successful glass provider Belron […]
