August 26, 2024
This summer, electric vehicles began traveling in France. The number of charging sessions has exploded on the highway aires, but there was no capacity overdemand. In July, energy provider TotalEnergies noticed a strong increase (+127%) in charging sessions on highways and expressways’ fast-charger sites. During the same period, the number of charging points doubled. Between […]
August 26, 2024
The global automotive industry is weakening, with German carmakers experiencing a continued decline in earnings during the first half of the year, according to a study by auditing and consulting firm EY released on Friday. German car giants Volkswagen, BMW, and Mercedes-Benz collectively earned €25.9 billion in operating profit (EBIT) from January to June, marking […]
August 22, 2024
The Volkswagen ID. Buzz was introduced to the U.S. market last year, and there is already a proposition for a camper conversion. At the same time, VW itself is hesitating to launch an ID. Buzz California camper version in Europe for fear of lack of demand. On the contrary, an American converter, Peace Vans, already […]
August 22, 2024
Ford is recalibrating its electrification strategy yet again, canceling plans for a fully electric sport utility vehicle in a shift that may cost the carmaker around $1.9 billion. In addition to scrapping an all-electric three-row SUV that had already been delayed, Ford will postpone a next-generation electric pickup and reduce spending on EVs to 30% of […]
August 22, 2024
The EU Commission has presented the draft for the final additional tariffs on imported electric vehicles from China. The logic of the planned tariffs remains basically the same, but the respective tariff rates have been lowered slightly, and regulation is now also known for Tesla. Meanwhile, China has already reacted by opening an inquiry on […]
August 20, 2024
According to the Detroit News and Reuters, General Motors Co. is laying off more than 1,000 salaried employees globally in its software and services organization, including more than 600 employees working at its Global Technical Center in Warren (Michigan), to streamline its operations under new leadership. The layoffs represent about 1.3% of the company’s global […]
August 20, 2024
The Chinese car manufacturer Dongfeng Motor launched a new low-cost EV in Europe. Starting at around €23,000, the Dongfeng Nammi Box EV is one of the cheapest EVs in Europe at the moment. Dongfeng is one of China’s oldest and largest automakers. It was the second state-owned auto brand established following FAW. Dongfeng builds Nissan […]
August 19, 2024
Electric sports car manufacturer Rimac recently presented the hyper-GT Nevera and wants to develop a hyper-sports car based on it. Rimac has pursued this idea in the further development of its first Nevera model. The R model is even more powerful and, above all, equipped with a more dynamic chassis. And… it is strictly limited […]
August 19, 2024
Porsche is responding to the slower electric ramp-up. Following the recent changes in the production of the electric Taycan, the production of the combustion-powered Cayenne is also being extended. Meanwhile, it has acquired 32% of the shares of battery specialist Varta. Porsche has cautiously adjusted its target that more than 80% of cars delivered in […]
August 16, 2024
A fire incident with an EV caused the South Korean Ministry of Transport to ask carmakers to disclose the names of their battery suppliers. Earlier this month, a fire broke out in the underground car park of an apartment complex in Incheon, South Korea. The fire was apparently caused by a Mercedes EQE. While the […]
August 16, 2024
The BMW Group has entered into a strategic alliance in Mexico with Vemo, an operator of public charging stations. As part of the partnership, BMW is investing in constructing 144 new charging stations in the country. Other alliances in different South American countries will follow. The new charging points in Mexico are to be installed […]
August 16, 2024
American EV manufacturer Tesla removed the basic version of the Cybertruck, which costs $60,990, from the US configurator before the first deliveries of this variant began. Therefore, the new entry-level price for the electric stainless steel pickup is $99,990. Tesla CEO Elon Musk once promised the Cybertruck with a base price of $39,990, but it […]
August 16, 2024
According to senior vice president Stella Li, BYD’s number two, the most important Chinese EV manufacturer aims to be seen as the leading tech brand of the car industry and considered alongside the major brands within half a decade. “Five years from now, we would like consumers to view BYD as like one of the […]
August 14, 2024
The Volkswagen Trinity was once regarded as the VW Group’s first upcoming electric flagship and was due to be launched in 2026. The launch seems to have been postponed to 2032, and the first VW product on the new SSP platform could be the full electric Golf. It was already clear that the 2026 date […]
August 13, 2024
The new Smart #5 is the brand’s largest model yet and its most powerful, putting out more than 450 kW/600 hp in its most potent form. Smart is 50/50% owned by Mercedes and Geely and builds its cars in Xi’an, central China. It has its world premiere in Australia at the end of August and […]
August 12, 2024
Milan Nedeljkovic, BMW Group board member responsible for production, says that fully electric vehicles must have their own dedicated lane on highways. In an interview with the German newspaper Münchner Merkur, Nedeljkovic explained that this would make the possession and use of an EV far more attractive. “When EVs are constantly overtaking you while you […]
August 12, 2024
Sources familiar with the matter said on Sunday that Mitsubishi was in talks to join the Nissan-Honda alliance to play catch-up with foreign rivals in developing electric vehicles and advanced technology for next-generation vehicles. The deal has now been officialized. Former Nissan boss Carlos Ghosn says this is a ‘disguised take-over’ by Honda. The three […]
August 06, 2024
According to CNEVPost, the German premium car manufacturer Mercedes-Benz has been given the go-ahead to test Level 4 (L4) autonomous vehicles in Beijing, following approval for L3 testing in the Chinese capital city late last year. To our knowledge Mercedes is one of the few manufacturers to have obtained the permission to use Level 3 […]
August 06, 2024
According to a media report, a mid-size SUV will follow shortly after the new CLA four-door Mercedes, which is set to launch soon. This X174 model (internal codename) should be on the market at the end of 2025 and is labeled as ‘a Tesla Model Y fighter’. The news comes from Automotive News, which cites […]
August 05, 2024
Several media outlets speculate about a possible Chinese takeover of the Audi factory in Forest (southwestern part of Brussels). The factory’s future as an Audi outlet looks dark, and Chinese companies looking for a solution to the import tariff war started by the EU could bring a solution. Currently, the Brussels factory is idle because […]
August 02, 2024
According to figures from the sector federation Febiac and the federal mobility and transport authority, the car market in Belgium and Luxembourg decreased by 7.3% despite the fact that July counted 3 more working days in 2024 compared to 2023. 32,151 new car registrations were noted in July. The total for the first seven months […]
August 01, 2024
Last week, the Stellantis Group published its results for the first half of 2024, and they weren’t good. The net benefit for H1, € 5.6 billion, decreased by 48% compared to the record-breaking performance last year. Meanwhile, the manufacturer is confronted with delivery problems for its new, long-awaited enlargement of its electric portfolio. Turnover for […]
August 01, 2024
In the second quarter of 2024, BMW Group saw its earnings drop a bit due to a weak Chinese market and the investment costs for the ‘Neue Klasse’. On the other hand, the Munich-based carmaker was successful in selling more EVs. BMW is not the only one struggling with a demand slowdown in China. The […]
July 31, 2024
Number one car manufacturer Toyota’s global sales fell over 5% last month and decreased by 4.7% for the first half of 2024. This is mainly due to the decline in sales in Japan (-32%) and in China (-10.8%). The good figures for the U.S. and Europe couldn’t compensate for the ‘Asian’ loss in sales. Worldwide, […]
July 31, 2024
There were already Huawei and Xiaomi, but now a third Chinese smartphone manufacturer is planning to enter the electric car business. Meizu, owned by the Geely Group, wants to launch its first electric car this year, and it will be based on the Geely SEA platform. At the ChinaJoy 2024 trade fair, Liao Qinghong, Meizu’s […]
July 30, 2024
The BMW Group is significantly expanding its production network for the next generation of high-voltage batteries. Across the globe, the principle of ‘local for local’ will apply, so plants will be built in Germany, Hungary, China, Mexico, and the US. “Close connection of battery production with vehicle production is part of our strategy,” explains Markus […]
July 30, 2024
Dutch paints company AkzoNobel’s Resicoat brand has developed innovative powder coating technology that provides improved electrical protection for electric vehicle (EV) battery systems in just one spray. There’s a growing demand in the EV market for coatings with a high dielectric strength to help increase the safety of battery systems. AkzoNobel’s Powder Coatings business has […]
July 30, 2024
Until now, China’s biggest EV car manufacturer, BYD, was best known for its low-cost electric cars. That hasn’t stopped the Chinese EV maker from taking on new market segments. Its latest: luxury electric supercars. BYD’s first electric supercar, the Yangwang U9, has entered production ahead of deliveries later this summer. Yangwang Yangwang was launched in […]
July 29, 2024
In the second quarter (Q2) of 2024, Mercedes-Benz Group sold 496,700 vehicles, 3.7% less than in the same period last year. The company blames decreased demand for electric vehicles and reduced sales in China for this decrease. Mercedes’s revenue decreased from €38.24 billion to €36.74 billion (-3.9%) in the same period. Earnings before Interest and […]
July 26, 2024
As ACEA President Luca de Meo emitted the thought a few days ago, banning ICE cars as of 2035, a requirement imposed by the EU, is getting complicated. Now he says there has been a ‘misunderstanding’ and that he stays “hyper-confident that electric drive will be the dominant technology in Europe and is the best […]
July 25, 2024
Ford’s energy transition has been challenging. Until now, America’s number two carmaker has lost money. Nevertheless, CEO Jim Farley says it will adapt its strategy and not change its vision on EVs. In Q2 2024, Ford lost $1.14 billion on its electric activities, which were compensated by good sales of all kinds of ICE vehicles […]
July 25, 2024
General Motors has once again postponed the start of production of the electric pickups Chevrolet Silverado EV and the GMC Sierra EV. They won’t roll off the production line until mid-2026, about one and a half years later than initially planned. The Cruise Origin robotaxi has been scrapped altogether. General Motors had already rescheduled production […]
July 25, 2024
Renault Group and the government of Slovenia have signed a memorandum of understanding (MoU) to produce the next all-electric Twingo in the automaker’s factory in Novo Mesto starting in 2026. Renault CEO Luca de Meo has said the new Twingo is expected to sell for less than €20,000. It will replace the current model, which […]
July 24, 2024
In the first half of the year (H1), the market for new cars in Belgium and Luxembourg shrank by 0.4%, with 263,408 registered new cars compared to 264,475 in 2023. 24.5% of them, or 64,429 units, were BEVs. While EVs are losing momentum in the EU, primarily due to the German market’s aversion to battery […]
July 24, 2024
Cadillac has revealed the Sollei Concept, an exquisite two-door convertible that is, in fact, a Celestiq, Cadillac’s new high-luxury limousine, minus a roof and two doors. Once heralded as one of the premier luxury marques worldwide, Cadillac’s status faltered as its cars increasingly shared parts with other, more common General Motors vehicles. That is set […]
July 23, 2024
Ford of Europe initially wanted to sell only EVs in Europe by 2030. The US carmaker now says it will continue to offer combustion engine vehicles and hybrids, citing the slowing EV uptake in Europe as the main reason for this. Marin Gjaja, COO of Ford’s Model E electrification division, spoke to the British magazine […]
July 22, 2024
For years, EVs have been in a state of grace. For different reasons, this is over now. Electric vehicles, especially in the United States, are in for more challenging times. Even more so if a certain Mr. Trump gets elected again. There are multiple reasons for that. The rise of the electric vehicle may have […]
July 22, 2024
Almost two weeks ago, the management of the Audi Brussels plant called for an extraordinary works council and announced ‘the restructuring intention’ for the plant. The current production of the Q8 e-tron will be stopped before the end of 2026, and almost half of the workforce (1,410) will already lose their jobs this year, probably […]
July 19, 2024
Renault named former Ferrari executive Philippe Krief CTO, replacing Gilles Le Borgne. Meanwhile, the group sold 1.9% more vehicles worldwide in the first half of 2024 (H1) and 6.7% more in Europe. Krief, currently already CEO of Renault’s Alpine sports and racing brand, will take on the role on Sept. 1 and report to CEO […]
July 19, 2024
According to the European Car Manufacturers Association (ACEA) data, EU car registrations increased by 4.3% in June and 4.7% for the first half of this year. The share of battery-electric vehicles decreased from 15.1% last year to 14.4% last month. The June 2024 increase in car registrations was driven by gains in three out of […]
July 17, 2024
Fatbikes are a fast-growing phenomenon in the Netherlands, with increasing risks of accidents and theft. That’s why a growing number of insurance companies are imposing very stringent conditions for coverage or simply refusing to insure them. The main users of fatbikes in the Netherlands are young people who refuse to wear a helmet and are […]
July 17, 2024
Two sources with knowledge of the matter said the European Commission has signaled to Volkswagen and BMW that it may consider lowering tariffs on their imports of China-made EVs. The sources said the Commission is willing to classify the two automakers as so-called cooperating companies, making them eligible for a 20.8 % additional tariff on […]
July 17, 2024
MG Motor, a brand of the Chinese manufacturer SAIC, is considering Galicia in northwest Spain as the location for its planned European factory. The decision is expected by the end of September, but other locations are also being considered. As the Spanish portal Europa Press reports, citing sources within the company, the region of Galicia […]
July 16, 2024
Volkswagen subsidiary PowerCo wants to industrialize solid-state batteries and use the technology of US specialist QuantumScape. The companies have agreed to “industrialize QuantumScape’s next-generation solid-state lithium-metal battery technology.” The VW battery subsidiary and QuantumScape know each other well. They have had a joint venture since mid-2018, which will now be replaced by the new agreement. […]
July 15, 2024
Jaguar Land Rover (JLR) has decided to remove five’ zero-profit’ Jaguars from its lineup this year. The F-Pace SUV will be the only Jaguar to remain in production from the brand’s current lineup as the brand transitions to luxury EVs. CEO Adrian Mardell told investors that JLR will boost its margin after cutting five models […]
July 15, 2024
The launch of VW’s electric Golf successor, the ID. Golf will be postponed by 15 months to 2029. Large parts of the SSP vehicle architecture will be rolled out later than planned. According to the German publication Manager Magazin, this applies, in particular, to VW’s vehicle models and Audi in some cases. Therefore, the volume […]
July 12, 2024
One of the big stars of Fiat’s 125th birthday event was the new Grande Panda. It’s a small hatchback with rugged crossover styling that will be the first of a new generation of models for the Stellantis brand. Fiat CEO Olivier François said it will debut as a sub-€25,000 EV. The Grande Panda was recently […]
July 12, 2024
The new MG Cyber GTS charged up the show at the 2024 Goodwood Festival of Speed on Thursday. MG unveiled its new two-door electric sports car, a hardtop variant of its Cyberster EV. In China, the new EV is already being compared to Porsche’s iconic 911. After the Goodwood Festival of Speed officially kicked off […]
July 12, 2024
The US Department of Energy announced $1.7 billion in grant awards today to help automakers keep eleven troubled manufacturing plants open and start building EVs there. The 11 selected plants are located in eight different states and have been designated as “shuttered or at-risk” facilities. These plants were either recently shut down by car manufacturers […]
July 11, 2024
Chinese car manufacturing group Geely’s Polestar daughter will again be very present at the coming Goodwood Festival of Speed. It’s not only showing its expanded model line-up with the new Polestar 3 and Polestar 4 joining the Polestar 2. The star of the show is the Polestar 6 Concept BST, making its global debut at […]
July 11, 2024
With 179,557 fully electric vehicles delivered, the BMW brand achieved a +34.1% increase in BEV sales in the first half of 2024 compared to the previous year. Overall, the BMW brand grew by +2.3% compared to the previous year’s period, with 1,096,486 units sold in the year’s first half. The brand thereby gained market share […]
July 11, 2024
Ford has revived the Capri name for a sportier coupé-style version of its new Explorer full-electric SUV based on the Volkswagen-sourced MEB platform. The new Capri, unveiled on July 10th, will be built in Ford’s factory in Cologne, Germany. Prices in Belgium start at €47,750 for the basic 125 kW RWD version with a 52 […]
July 10, 2024
According to the NGO Transport & Environment (T&E), if lawmakers set content requirements, the auto industry can become a leading market for low-carbon steel production in Europe. Steel made with green hydrogen and electric arc furnaces, or produced from scrap, can reduce the CO2 emissions of producing cars in Europe by 6.9 Mt in 2030, […]
July 09, 2024
Mercedes-Benz has opened the eCampus at its headquarters in Stuttgart-Untertürkheim, Germany. The manufacturer will pool battery research to develop innovative high-performance cells and new manufacturing processes. By doing so, Mercedes wants to reduce battery costs by more than 30%. Ola Källenius, the Mercedes CEO himself, kicked things off at the opening of the eCampus, evoking […]
July 08, 2024
The insolvent electric car manufacturer Fisker wants to sell off the stock of its Ocean e-SUV for just 2,500 to 16,500 dollars per vehicle. Meanwhile, existing Ocean owners are seeking legal advice to keep their cars running. Fisker hopes to sell off its entire inventory of remaining Oceans in a deal that would bring the […]
July 08, 2024
Chinese electric car manufacturer BYD once again achieved record sales of vehicles with alternative drive systems in June. However, while fewer all-electric vehicles were sold than in May, BYD’s plug-in hybrids achieved a new record. Meanwhile, the world’s biggest producer of electrified vehicles keeps expanding its production network. It opened plants in Thailand and Uzbekistan, […]
July 05, 2024
The EU Commission has imposed the announced special tariffs on imported electric vehicles from China, effective 5 July, but these are still provisional. Talks with the Chinese government are still ongoing. There have also been slight changes to the tariff rates for individual manufacturers. With the provisional special duties that have now been imposed, the […]
July 04, 2024
Ineos Automotive, part of the chemical industry giant Ineos Group, is delaying its Fusilier battery-electric SUV. It cites waning consumer demand for EVs and uncertainty around tariffs as the leading causes. Production of the Fusilier, a smaller vehicle than the Grenadier 4×4, which the company started selling last year, had been expected to begin in […]
July 03, 2024
The Belgian Innoptus Solar Team, related to Louvain University, has presented a new version of its Infinite solar race car, the most efficient one to date. With it, they want to participate in the most challenging Solar Challenge race ever in South Africa in September. In October 2023, the student team of KU Leuven University […]
July 01, 2024
As a ‘lifelong petrolhead’ (his words), Ford CEO Jim Farley has just recently posted an insightful ode to electric vehicles. In an opinion piece on social media, he shared a fresh and inspiring perspective about his newfound love for electric cars. As a self-described ‘lifelong petrolhead’ with a career in the automotive business (mainly Toyota […]
