July 27, 2023
Renault will cease production of its Zoe electric car on 30 March 2024. It was already clear that there would be no new Zoe generation, but now the date has been set for the end of production at the Flins plant. The electric Renault pioneer is making room for a new generation of Renault electric […]
July 27, 2023
The Belgian VUB University (Brussels) is developing a charging technology “to make electric driving more pleasant and efficient”. Researchers at EPOWERS, a research group that works at the VUB MOBI research center, have developed a technology that significantly extends the range of electric vehicles (up to 1 000 km) with a limited number of recharges. […]
July 27, 2023
The Volkswagen brand has concluded a technological framework agreement for long-term cooperation with the Chinese electric car start-up Xpeng. The Wolfsburg-based company is also taking a stake of about 5% in Xpeng, and the Audi deal with SAIC was also confirmed by the Group. With the new collaboration with Xpeng, Volkswagen wants to further advance […]
July 26, 2023
Stellantis posts strong growth again in the first half of 2023 and sets new records in net revenues, adjusted operational income (AOI), and net profit. Net revenues of €98,4 billion are up 12% compared to H1 2022, primarily due to higher shipments. The adjusted operating income of €14,1 billion is up 11% compared to H1 […]
July 26, 2023
Renault Group and Nissan Motor Co. Ltd. today announced that they have entered into the definitive agreements contemplated by the binding framework agreement announced in February 2023. Jean-Dominique Senard, Chairman of The Alliance (Mitsubishi, Nissan, Renault), commented: “The agreements that have been signed today allow us to step into the next chapter of the Alliance. […]
July 26, 2023
Mercedes-Benz is trying to improve its sluggish BEV sales, especially in China, but also in other markets. The answer of CEO Ola Kälenius and his management team is to heighten the investments. “Sales may be slow for the moment; changing strategy would be really dangerous,” he says in an interview with the German Handelsblatt. According […]
July 25, 2023
Alliance partner Mitsubishi is discontinuing its China business. The Japanese carmaker justifies withdrawing from the Chinese market by saying that the shift from internal combustion to electric vehicles in China has hit its existing range, and sales have fallen far short of expectations. Production at the Changsha plant in Hunan province was already halted in […]
July 25, 2023
The JLR Group (previously Jaguar Land Rover) has finally appointed Adrian Mardell as its new permanent CEO. Mardell had already held the post on an interim basis since the resignation of former CEO Thierry Bolloré at the end of 2022. A new chief financial officer has also been appointed. The brand Land Rover is dissolved. […]
July 25, 2023
For weeks already, there have been rumors that VW’s daughter Audi is considering buying an electric car platform from a competitor in China. This comes as the VW Group’s SSP platform accumulates delays, and Audi can’t (and does not want to) wait longer. The company Audi is talking to is the Chinese SAIC Motor Corp. […]
July 24, 2023
Last week, the BMW Group further expanded its R&D footprint in China with the opening of a new R&D Center in Shanghai. China is already home to BMW Group’s largest R&D system outside of Germany, with locations in Beijing, Shanghai, Shenyang, and Nanjing. Based on the concept of open innovation, all of BMW’s R&D functions […]
July 24, 2023
The German Federal Ministry of Economics and Climate Protection (Bundesministerium für Wirtschaft und Klimatschutz, or BMWK in German) will increase the budget for the environmental bonus this year. It had initially earmarked €2,1 billion for this purpose in 2023. That will now be increased to at least €2,5 billion. The information comes from a report […]
July 20, 2023
Volvo Cars reported a 39% increase in operating profits, excluding joint ventures and associates, and a corresponding EBIT margin of 6,3% for the second quarter of 2023. Regarding its operational performance during the second quarter, Volvo Cars recorded an increase of 43% versus the same period in 2022. It also saw a solid global sales […]
July 20, 2023
The Tata Group will build its first battery cell factory outside India in the UK. The British government has now officially confirmed what had already become apparent. At the beginning of February, it became known that Tata Motors was looking for a location for its European battery cell factory in Spain or the UK. However, […]
July 19, 2023
The Renault Group is recovering swiftly from the difficult years behind and the problems encountered. Its worldwide sales amounted to 1 133 667 vehicles in the first half of 2023, up 13% versus H1 of 2022. In Europe, Group sales were up 24% in a market up almost 18%. The Group’s sales policy, focused on […]
July 19, 2023
Ford is slashing the price of its F-150 Lightning in the US. Depending on the variant, the electric pickup now costs up to 10 000 dollars less. The new base price for the F-150 Lightning is $49 995. According to the manufacturer, it is “taking advantage of increased plant capacity, continued work on scaling production […]
July 19, 2023
In June 2023, the EU car market grew by 17,8% to 1 million registered units, according to the figures of the European car manufacturers association ACEA. In the first half of 2023, new EU car registrations increased significantly (+17,9%), reaching 5,4 million units. The growth in June can be attributed to the region’s rebound from […]
July 18, 2023
Cutting battery sizes, improving chemistries, and reducing private car journeys can cut the expected consumption of critical materials in BEVs by 36-49% by 2050, says the NGO Transport & Environment based on a new analysis of a study ordered and conducted by the green group. Demand for battery raw materials in Europe will increase rapidly […]
July 18, 2023
Nissan will invest 100 billion yen (± €650 million) in Ampere, the future electric daughter of the Renault Group, planned to go IPO at the beginning of 2024. It will own less than 10% of the new company. According to the Japanese daily newspaper Yomijuri, the investment amount has been decided and will be announced […]
July 18, 2023
The automotive design house Makkina created a new fully electric concept car, the TR25, to remember the British sports car brand Triumph and its iconic TR2 record breaker. Unveiled in London on Thursday last week, the TR25 created by Makkina is a celebration of the great British roadster, paying homage to the record-breaking ‘Jabbeke’ Triumph […]
July 17, 2023
Volkswagen Group increases its BEV deliveries by 48% in the year’s first half. Also, it ups its total sales worldwide to 4,37 million (+13%) but stays prudent on forecasts because of the slower results in China and diminishing orders for BEVs in the future. Meanwhile, there’s an actual ‘musical chair’ going on at the top […]
July 17, 2023
Hyundai has unveiled the high-performance version of its Ioniq 5 electric model at the Goodwood Festival of Speed. The launch of the new electric Ioniq 5 N is expected in the second quarter of 2024. The basic concept of the Ioniq 5 N and the Kia EV6 GT is the same: both E-GMP models rely […]
July 17, 2023
Mazda Motor Corp. will launch its first electric-vehicle-only model in 2027, the new CEO Masahiro Moro said in a recent interview in Tokyo, to speed up its electrification efforts and catch up with global rivals. Mazda already has a BEV; in 2021, it started selling an electric model of the compact MX-30 sports utility vehicle, […]
July 14, 2023
In a proposal announced on Thursday, the European Commission said it wants to ban scrap cars that are not roadworthy from being sold to countries outside the European Union. The Commission said the prohibition is part of plans to reduce carbon emissions, create more jobs, and improve access to raw materials like steel and aluminum […]
July 14, 2023
MG Motor is reacting to the price reduction for the VW ID.3 in China and has lowered the price of its competitor model MG Mulan (MG4 in Europe). For the time being, until the end of July, Chinese customers will receive a discount of 24 000 yuan (± €3 000) for the compact electric car. […]
July 14, 2023
Porsche marks the 30th anniversary of the famed Goodwood Festival of Speed with the Porsche Vision 357 Speedster. The new concept car is the sister model to the closed Porsche Vision 357, with which the sports car manufacturer launched its own anniversary-year celebrations recently. In design terms, an homage to the 356, technologically, the all-electric […]
July 13, 2023
The all-new Renault Scénic E-Tech Electric will make its world premiere during the IAA Mobility 2023 event in Munich on September 4. The car starts to reveal its final silhouette as a fleet of pre-production cars will be driven on open roads this summer by Renault engineers. Made in the Douai ElectriCity factory, the pre-production […]
July 13, 2023
The British sports car manufacturer Caterham has presented Project V, a lightweight, fully electric coupé concept car. The aim is for a market launch of the series version in late 2025 or early 2026 at prices under £80 000 (€93 000). Unlike the electric version of the Caterham Seven, which the company presented as a […]
July 12, 2023
‘Dacia goes extreme’ is the new slogan of Renault’s daughter Dacia. ‘Extreme’ is, in fact, the new top-of-line version for all Dacias, but the Spring gets a second, more powerful variant with it. We drove it on Belgian roads. Until now, the Dacia Spring, the cheapest EV on the Belgian market, had a 188 kg […]
July 12, 2023
Renault recently gave a glimpse into readying the production version of its next-generation EV model. The Renault 5 is on a prototype production run in a ‘secret and high-tech miniature plant’. As a part of the brand’s Technocenter engineering complex near Paris, the location itself is not so secret. Created 25 years ago, the Global […]
July 12, 2023
Mercedes-Benz Passenger Cars more than doubled its sales of battery-electric cars in the second quarter to 56 300 units (+123%). This growth was mainly due to demand in three model series. The van division also posted gains in Q2, but not as strong as the passenger car business. With these 56 300 fully electric vehicles […]
July 11, 2023
To mark the 150th anniversary at the Audi site in Neckarsulm, twelve brand apprentices have electrified the iconic, classic EP4. The ‘E’ in the name of this futuristic one-off stands for the electric drive, and ‘P4’ refers to the NSU Prinz 4, a model that the former NSU Motorenwerke brand built in Neckarsulm from 1961 […]
July 11, 2023
Following the framework agreement announced in November 2022, Geely Holding Group and Renault Group have signed today a binding 50/50 joint venture agreement to launch a new powertrain technology company. It aims to become the global leader in developing, manufacturing, and supplying best-in-class hybrid powertrains and highly efficient ICE powertrains. Aramco, which signed a letter […]
July 10, 2023
VW plans to put self-driving cars on the streets of Austin, the capital of Texas, later this month. It is the first time that the company is tackling such a project in the USA. A total of ten units of the VW ID. Buzz with autonomous driving technology will be deployed. Tests in Germany are […]
July 10, 2023
In the battle for the top spot in the German electric car market, Tesla was ahead again in the first half of the year, but its lead over the Volkswagen (VW) brand is shrinking. Analysts see a price war coming up in Europe on the EV market, also as a result of the Chinese price […]
July 10, 2023
The BMW Group delivered 88 289 fully electric vehicles of the BMW and Mini brands to customers in the second quarter. This means the company again succeeded in more than doubling BEV sales compared to last year’s period (+117,5%). Plug-in hybrid registrations, on the other hand, are falling behind at the moment. According to the […]
July 10, 2023
Mercedes-Benz just became the first German carmaker to join the NACS or North American Charging System initiated by Tesla in the U.S. The company will integrate it into its EV fleet in the US and Canada in 2025. At the same time, Mercedes is sticking to its plans for its own HPC network. Mercedes-Benz follows […]
July 07, 2023
The final Ford Fiesta will roll off the production line today, Friday, 7 July, following the company’s decision late last year to axe the popular B-segment car after 47 years and eight generations. The final two Fiestas will remain with Ford. One will join the firm’s international heritage fleet, based at the Cologne, Germany, plant […]
July 07, 2023
In November, Mercedes-Benz will bring the CLE on the market, a Coupe that uses the technology of both the C- and (recently updated) E-Class. Later (in 2024), there will also be a cabriolet version and a PHEV variant. Although coupes and cabriolets seem to be an extinguishing species in car land, premium manufacturers like Mercedes […]
July 06, 2023
Car sector federation Traxio has been studying the latest registrations (first six months of 2023) of new and second-hand cars in Belgium and concludes there’s a real (double) schism in the market between B2B and B2C and between regions. 65% of all new cars have been registered as B2B company cars (companies, leasing, VAT liable), […]
July 06, 2023
The Chinese car manufacturer SAIC plans to build a plant for electric vehicles in Europe and is currently looking for a location. SAIC has joint ventures in China with Volkswagen and General Motors that produce electric cars, among other things. According to Reuters, the company is not yet giving any further details. SAIC is active […]
July 05, 2023
Former Audi boss Rupert Stadler got off with a suspended prison sentence and a fine after his involvement in the so-called ‘Dieselgate’ scandal. The Munich Regional Court had sentenced Stadler to 21 months of suspended imprisonment and a fine of €1,1 million. Stadler has now appealed against the sentence, just like its two fellow convicted […]
July 05, 2023
The Swedish/Chinese car manufacturer Volvo Cars switches to renewable fuels for ocean freight. The company claims that this will cut fossil CO2 emissions by 84%. “Every year, tens of thousands of containers of production material destined for Volvo Cars factories are carried across the world’s oceans on container ships. From now on, most seafaring journeys […]
July 04, 2023
51 760 cars were newly registered in Belgium and Luxembourg in the month of June, 48,7% more than the same month last year. It also means that the first half-year registrations grew by 35,4% to 264 475, indicating that the supply and delivery problems in the car market are finally fading away. The same tendency […]
July 04, 2023
An old Belgian icon, the 127-year-old Royal Touring Club of Belgium, has finally been sold to insurance company AG (75%) and Belgian’s biggest bank company BNP Paribas Fortis (25%). It allows Touring to continue road assistance and other activities in a world where mobility is evolving rapidly. After the authorities’ investigation, the deal was officially […]
July 03, 2023
Dealer group Ghistelinck (Mercedes dealerships in West Flanders and the north of France) starts a partnership with United NRJ, owner of MIG Motors. It buys 50% of the shares of MIG Motors right now, and normally the other 50% of the shares will be purchased within the next five years. MIG Motors represents nine dealers […]
July 03, 2023
Wolfgang Bremm von Kleinsorgen (52) is the new CEO of Mercedes-Benz Belgium and Luxembourg and of Mercedes-Benz in the Netherlands as of 1 September. Bremm von Kleinsorgen, a German-speaking Luxemburger, already had a long career at the German manufacturer, starting with Mercedes-Benz Trucks in 1997. He is currently the Head of Mercedes-Benz for Central and […]
July 03, 2023
The Volkswagen Group also opens up to Tesla’s fast charging system in North America. VW’s charging infrastructure subsidiary Electrify America announces that it will integrate the NACS connection into its fast charging stations in the USA and Canada. While Volkswagen is still weighing its options to avoid losing US customers, Polestar confirmed the move entirely. […]
June 30, 2023
At the beginning of the year, Polestar released a comprehensive facelift for the 2024 model year of the 2, including new e-motors and more powerful batteries. Variants with a single-motor switched to rear-wheel drive, analogous to the electric drive system update for the Volvo models XC40 and C40, technically a twinned model. There’s one big […]
June 29, 2023
Given the current level of performance of Renault Group, which is above initial expectations, the group upgrades its financial outlook for the full year 2023. It expects an operating margin between 7% and 8% (6% before) and an automotive-operational free cash flow superior to or equal to €2,5 billion (€2 billion previously). “This improvement is […]
June 28, 2023
According to the works council, Volkswagen has temporarily reduced the production of electric cars at its Emden plant. The reason for this is weakening sales. This apparently affects not only the ID.4 but also the production start-up of the new electric sedan ID.7. Demand is almost 30% below the planned initial production figures, it was […]
June 28, 2023
As part of Volvo Cars’ aim to be a fully electric carmaker by 2030, Volvo joins Tesla, Ford, and GM in North America using the North American Charging Standard (NACS), recently launched by Tesla. “The company is the first European carmaker to sign an agreement with Tesla, giving current and future electric Volvo car drivers […]
June 27, 2023
Apart from dieselgate, there was another conflict of interest between consumers and manufacturers of diesel cars, the so-called ‘thermal window’ software. For the first time, the German Federal Court (Bundesgerichtshof or BGH) has considered that customers, having bought a car with the device, can claim compensation. The software permits controlling the air pollution equipment on […]
June 27, 2023
Mobia, the overarching partnership between the car sector federations Febiac, Traxio, and Renta, warns of a shortage in public charging points in Belgium if we don’t have an additional 100 installed every day between now and 2030. As taxation rules on cars change in a few days and not only ICE cars but also plug-in […]
June 23, 2023
The US Department of Energy (DOE) plans to loan $9,2 billion to the joint venture BlueOval SK between Ford Motor and South Korean battery maker SK On for its battery plants in Kentucky and Tennessee. A massive loan that nearly matches the $11,4 billion the companies themselves are investing in the project. It marks the […]
June 23, 2023
The French charging infrastructure specialist Electra has opened its first fast-charging station in Belgium at the shopping site of Maasmechelen Village (in the east of Limburg province). Electra is teaming up with LSGI Group, one of the largest developers and operators of large shopping malls, to build these stations in places where many people come […]
June 23, 2023
Smart has announced another variant of its Smart #1 electric model. The #1 Pulse is planned to hit German roads still in 2023. This will be the second all-wheel-drive variant next to the Brabus offshoot and top model. Orders can be placed now in the ‘Bundesrepublik’ at prices starting at €46 490. Other European markets […]
June 22, 2023
Panasonic and Mazda announced they have agreed to enter into discussions on establishing a medium- to long-term partnership for automotive batteries with round cells. The tentative language suits Mazda’s relatively relaxed approach towards electrification, yet the timeline also fits. Mazda said it would commence “concrete discussions” with a view toward Panasonic Energy supplying the carmaker […]
June 22, 2023
Volkswagen Group CEO Oliver Blume presented its vast reorganization plan for the group on Wednesday at the group’s Capital Markets Day. A severe cost-cutting exercise is needed to remain competitive, and the group wants to increase electric sales in China and the U.S. “If the bulk of our revenues still comes from Europe, the growth […]
June 22, 2023
In May 2023, the EU car market saw a significant increase in passenger car registrations, with nearly 1 million units, marking an 18,5% growth from the previous year, according to the figures of the European car manufacturers association (ACEA). This is the tenth consecutive month of growth. All the EU’s four largest markets grew, with […]
June 21, 2023
The European Automobile Manufacturers’ Association (ACEA) calls for a three-year postponement to restrictive rules on EU-UK electric vehicle trade, set to come into force in six months. Otherwise, tariffs could total € 4,3 billion, potentially reducing electric vehicle production by some 480 000 units, according to ACEA. Goods exported under EU free-trade agreements must comply […]
