March 04, 2025
Swedish-Chinese electric carmaker Polestar has secured a new loan of up to $450 million (€420 million) as it grapples with ongoing financial pressures and strives to turn a profit by 2026. Local Chinese media also reported that the company aims to downscale its Chinese operations and relocate production to South Korea, Europe or the US. […]
March 04, 2025
According to EU Commission President Ursula von der Leyen, Brussels could weaken the CO2 target for car manufacturers in 2025. It is also holding out the prospect of a new battery subsidy. She explained that she wanted manufacturers to achieve the CO2 target over the next three years instead of this year, as initially planned, […]
March 04, 2025
As Volvo gears up for the full release of its new flagship sedan, ES90, tomorrow, the Belgian division accidentally uploaded an image of the latest model on its web page. The electric sedan, which is bound to break the brand’s barriers in charging and autonomy, unveils itself as a mix between the Polestar 2 and […]
March 04, 2025
In February 2025, 40,161 cars were registered in Belgium and Luxembourg, a decrease of 8.1%. Importer federation Febiac and the federal service Mobility & Transport point out that for the first time since 2014, the market of individual buyers is again slightly more significant than the professional market. BEVs increased their share to one-third of […]
March 03, 2025
Dongfeng Peugeot-Citroën, the joint venture between the Chinese and French manufacturers, has launched a new-energy vehicle (NEV) brand in China: Hedmos. The new brand hopes to revive the manufacturer’s sales figures with affordable electrified models, starting with an all-electric SUV for around €15,000. Dongfeng is one of the four biggest state-owned car manufacturers in China. […]
March 03, 2025
The latest J.D. Power 2025 US Electric Vehicle Experience (EVX) Ownership Study reveals a marked increase in EV owner satisfaction, with BMW emerging as the undisputed leader in the premium segment. The BMW iX secured the highest satisfaction score among electric vehicle (EV) owners, followed closely by the BMW i4, underscoring the brand’s dominance from […]
March 03, 2025
The former CEO of Stellantis, Carlos Tavares, suddenly left the company at the end of last year. Today, his severance pay has been published, amounting to €12 million, divided into a €2 million departing fee and a €10 million bonus. Last year, Tavares was paid €23.1 million in total, 37% less than the €36.5 million […]
February 28, 2025
On Tuesday, February 25th, the last Audi Q8 e-tron rolled off the line at Audi Brussels. Today, the factory closes its doors. Although the factory’s closure was announced a while ago, it symbolizes the upheaval in the car industry just a few days before the EU Commission’s action plan. Rumors had already emerged at the […]
February 27, 2025
BMW Group Plant Munich is gearing up to launch the ‘Neue Klasse’ in the summer of 2026. Three new production halls are being built for the body shop, assembly, and associated production logistics during the ongoing operations. “For the production start of the Neue Klasse, we will have a state-of-the-art plant in Munich characterized by […]
February 27, 2025
The European Commission proposed a significant action plan on Wednesday to accelerate the decarbonization of European industry. The Commission believes that EU countries must act now. The climate crisis, weak economic growth, declining business competitiveness, and significant geopolitical tensions (with Moscow, Washington, and Beijing) require a comprehensive transition plan. Various supporting measures should help with […]
February 27, 2025
Peter Rawlinson, CEO and CTO of American electric carmaker Lucid and the ex-engineer who once stood at the cradle of the Tesla Model S, is stepping down after more than a decade to pass the baton to a new, yet-to-be-found manager. Rawlingson remains a strategic technical advisor to Turqi Alnowaiser, the board chairman representing Lucid’s […]
February 26, 2025
The BMW Group has halted its plan to manufacture electric Mini cars at the Oxford plant in England. Two all-electric models were due to roll off the production line at Oxford next year, but this has now been postponed. The BMW Group announced in 2023 that it would build two new all-electric Mini models in […]
February 26, 2025
Milence, the joint venture between Europe’s largest truckmakers created to develop the fast-charging network for battery-electric trucks, has deployed its first two chargers using the Megawatt Charging System (MCS) standard. Belgium has the honor, as these MCS chargers can be found at the Ketenis truck stop in the port of Antwerp. The Megawatt Charging System […]
February 26, 2025
Tesla’s dominance in the European electric vehicle market took a significant hit in January 2025, as the company saw a staggering 45.2% drop in sales compared to the same period in 2024. New data from the European Automobile Manufacturers Association (ACEA) reveal that Tesla sold just under 10,000 units in the region last month, down […]
February 25, 2025
Is Europe’s ban on combustion engines a curse or a blessing for its industry? Dwindling profits, plant closures, and firm reliance on global outsourcing seem to point to the first, but a study from the University of Sussex claims the opposite. “Changing gears (or acting as Trump does in the US, ed.) would be a […]
February 25, 2025
Mercedes-Benz has started testing a solid-state battery from partner Factorial Energy in a modified EQS this month. In the coming weeks, the Stuttgart-based company wants to collect data on the battery’s efficiency, durability, and performance. Road tests with the new solid-state battery in a ‘1,000 km’ EQS test car started in February 2025. According to […]
February 25, 2025
While one would expect a luxury carmaker like Lamborghini to bet on solid-state technology for its debut in the electric supercar market, the Italian carmaker ordered a study at Princeton University to investigate sodium-ion chemistries. The results are promising. As sodium-ion chemistries don’t rely on lithium, they are a cost-effective alternative to current lithium-ion battery […]
February 25, 2025
In January 2025, new EU car registrations declined by -2.6%. Notably, the bloc’s major markets saw declines, with France (-6.2%), Italy (-5.8%), and Germany (-2.8%). Spain conversely recorded a 5.3% increase. The data comes from ACEA, the Association of European Car Manufacturers. Battery electric vehicles (BEVs) made up 15% of the market share, up from […]
February 24, 2025
Through its competition watchdog, Italy has launched an investigation into four major automakers—Stellantis, Tesla, Volkswagen, and BYD—regarding potential unfair commercial practices related to electric vehicle performance claims. The probe focuses on concerns regarding the accuracy and transparency of information provided to consumers about EV driving range, battery degradation, and warranty limitations. According to the Italian […]
February 24, 2025
The BMW Group is presenting its next step in electric drive technology. At its Tech Days event in Landshut, the company provided some initial insights into developing and producing high-voltage batteries and electric drive systems using the sixth generation of BMW eDrive technology. This technology will benefit every fully electric Neue Klasse vehicle. The first […]
February 21, 2025
Renault’s low-cost daughter, Dacia, has started developing a new European electric city car (A-segment). The model will be offered at around €18,000, probably also thanks to its close relationship with the Renault Twingo E-Tech. “Dacia wants to complete the development of the small electric car within 16 months,” Renault Group boss Luca de Meo told […]
February 21, 2025
European aerospace group Airbus made a net profit of 4.2 billion euros last year, or a 12% increase. The profit came mainly from the strong demand for Airbus aircraft. Sales rose 6% to 69.2 billion euros. Airbus delivered 766 commercial aircraft last year, including 602 from the A320 family. Airbus plans to increase the number […]
February 21, 2025
Yesterday, Mercedes-Benz revealed plans to cut costs by several billion euros or 10% by 2027. Car production will be reduced from 2.5 million units to ±2.2 million in 2027. At the same time, the company wants to become “leaner, faster, and stronger”. Group earnings before interest and taxes (EBIT) reached €13.6 billion (2023: €19.7 billion), […]
February 20, 2025
Publishing its 2024 financial results, Renault Group showed solid growth and record operating profit in challenging market conditions. The Group revenue was €56.2 billion (+7.4%), and the operating profit was € 4.26 billion (7.6%). The net cash financial position almost doubled from €3.7 billion at the end of 2023 to €7.1 billion on December 31st, […]
February 20, 2025
Hydrogen Vehicle Systems (HVS), a Scottish start-up founded in 2017 to develop a hydrogen-electric heavy truck, is changing course to avoid bankruptcy. The company faces over €10 million in debt and will now focus on retrofit conversions and selling its technology to cut costs. HVS was founded in Glasgow in 2017 by Abdul Waheed with […]
February 20, 2025
Volvo Cars will officially launch the ES90, the sedan counterpart to the EX90 SUV, on March 5th. The new sedan is software-defined and based on the so-called Superset tech stack, a single set of hardware and software modules underpinning all future electric Volvo cars. The ES90 is designed to evolve and improve continuously through core […]
February 19, 2025
German automotive supplier Continental announced plans to cut 3,000 jobs more worldwide by the end of 2026. The move, which follows a previous round of 7,150 job cuts announced last year, comes as the industry grapples with weakening demand and structural shifts toward electrification. According to the company’s statement, nearly half of the affected positions […]
February 19, 2025
Mitsubishi is set to return the Grandis nameplate, though not as the spacious MPV it once was. Instead, the new Grandis will be a rebadged version of the Renault Symbioz, aligning with the company’s strategy of leveraging Renault platforms under their alliance agreement. The Grandis will slot above the ASX in Mitsubishi’s lineup and be […]
February 19, 2025
The Renault Group and Geely Holding are joining forces to produce and sell zero- and low-emission vehicles in Brazil. Geely intends to acquire a stake in Renault do Brasil and, in return, will benefit from Renault’s local production, sales, and service resources. Both parties have agreed in a framework agreement that Geely Holding will become […]
February 18, 2025
Yesterday, Citroën asked 236,900 owners of a C3 or DS3 in the north of France to stop using their car until the airbags are replaced. The Takata-made airbags can cause serious injuries by exploding uncontrolled and dangerously. Other manufacturers, such as VW, Nissan, BMW, Toyota, and several others, have already recalled millions of vehicles equipped […]
February 18, 2025
The International Energy Agency expects global power consumption to rise to almost four percent annually until 2027. The demand for electricity is growing faster than in recent years because industries in many countries need more electricity. The increase is primarily due to the growing use of electricity for industrial production, the rising demand for air […]
February 18, 2025
Peugeot is taking the next step in its electrification strategy by introducing more powerful, all-wheel drive versions of its electric SUVs, the e-3008 and e-5008. A new five-seat variant of the e-5008 is set to debut, catering to customers who prioritize cargo space over passenger capacity. Until now, Peugeot’s fully electric e-3008 and e-5008 have […]
February 18, 2025
Last week, the Mercedes EQB for the 2021 to 2024 model years was recalled in the US after several vehicle fires. Now, the German Federal Motor Transport Authority’s recall database shows that the sister model EQA is also affected. Mercedes, authorities, and suppliers’ investigations revealed that the cause was probably a problem with the high-voltage […]
February 18, 2025
Chinese tech giant Huawei and automotive leader SAIC Motor are set to debut their first co-developed electric vehicle under the newly established brand Shangjie. According to reports from local media, the inaugural Shangjie model will be derived from SAIC’s sub-brand Roewe, specifically the ES39 project. Like Sony in Japan (with Afeela), Huawei in China is […]
February 17, 2025
Toyota has unveiled its third-generation fuel cell system, which is intended for passenger cars, commercial vehicles, trains, ships, and stationary applications. The market launch is planned for 2026. According to Toyota, the new generation is characterized by improved durability, efficiency, and cost reductions through innovations in cell design and manufacturing processes. However, the Japanese company […]
February 17, 2025
Hyvia, the French hydrogen specialist joint venture between Renault and Plug Power, entered administration on December 10, 2024. The courts have now decided to extend the administration period to find an investor or an acquirer. But with no interested parties on the horizon and no real interest from Renault CEO Luca de Meo, the company’s […]
February 17, 2025
After fifty years of power production, the Doel 1 nuclear reactor was shut down on Friday evening. After Doel 3 in 2022 and Tihange 2 in 2023, the third Belgian nuclear reactor has also been switched off. Doel 2 will follow on November 30th. Operator Engie reported the final shutdown. The reactor had been running longer […]
February 17, 2025
Kia has unveiled the design of its compact electric saloon and hatchback EV4 ahead of the brand’s EV Day 2025, which is set for February 27th. We get a good look at every angle of both body styles, but the EV4’s technical details and interior design remain a mystery. Kia promised us the production version […]
February 17, 2025
The BMW Vision Driving Experience (VDX) serves as a rolling test rig for the drivetrain and driving dynamics management technology developed especially for the Neue Klasse, the next generation of BMW vehicles. BMW refers to it as the ‘Heart of Joy.’ The prototype car put the Heart of Joy’s capabilities to the ultimate endurance test […]
February 14, 2025
Chinese state-owned auto giants Dongfeng Motor and Changan Automobile have announced restructuring plans, fueling speculation that the two automakers may merge to form one of the world’s largest automotive groups. If realized, the newborn group would surpass BYD as China’s biggest carmaker and rank as the world’s fifth-largest auto manufacturer. While the automotive world had […]
February 14, 2025
After the BMW Group had already switched Mini sales to the agency model in 2024, the plan was to introduce it for the core BMW brand at the beginning of 2026. However, this timetable has been pushed back, but BMW, unlike VW, is sticking to the move. The agency model is a hot and even […]
February 14, 2025
Porsche plans to cut 1,900 jobs in Germany as part of cost-cutting measures to reverse sliding profitability amid weak electric vehicle demand and “challenging geopolitical and economic conditions.” The job losses will affect workers at Porsche’s main plant in Stuttgart-Zuffenhausen and its R&D site in Weissach. A year ago, Porsche CEO Oliver Blume lauded his […]
February 14, 2025
Ahead of its official world premiere on March 5th, Volkswagen already teased further with two sketches on LinkedIn of how the €20.000 budget EV of the brand, the ID.1, will look like. And it inherits some of the straight lines of that other budget VW, the Up! This successor to the VW Lupo and Up!, […]
February 13, 2025
Honda Motor Co. and Nissan Motor Co. are set to scrap their plan to merge into what would have become the world’s third-biggest auto group by volume as negotiations collapsed less than two months after its announcement. Meanwhile, Chinese Foxconn is lurking around the corner, not to take over Nissan but to cooperate with them. […]
February 13, 2025
Kia is holding its second EV Day on February 27, 2025, where it will showcase its newest electric models and its electric strategy for the coming years. Already announced to be present are the production-ready EV4, the PV5 electric light commercial vehicle, and the EV2 Concept, a preview of a more compact electric model within […]
February 12, 2025
Tesla has officially commenced production at its newly constructed Megafactory in Shanghai, a new milestone in its rapidly expanding energy storage division. This facility is Tesla’s second dedicated energy storage production plant and has already rolled out its first Megapack unit, with initial orders ready for shipment. While Tesla’s core automotive business has recently encountered […]
February 11, 2025
According to Korean media ET News, Hyundai plans to introduce a pilot production line for solid-state batteries inside the brand-new Uiwang Battery Research Center in the Gyeonggi Province in South Korea. The opening ceremony should be held in March, with a prototype expected by the end of the year. To be clear, Hyundai has not […]
February 11, 2025
Volvo Cars has added a ‘Cross Country’ version to its EX30 electric model portfolio. The new version uses the same all-wheel drive as the top model but comes with unique accessories and more ground clearance. The Volvo EX30 Cross Country is based on the top-of-the-range Ultra equipment line and features the familiar all-wheel drive with […]
February 10, 2025
Porsche is shifting gears on its electrification strategy, scaling back its ambitious EV plans to bolster combustion and hybrid powertrains. However, this strategic pivot comes with substantial costs and mounting challenges, as the automaker faces declining earnings, market uncertainty, and potential trade tariffs that could further disrupt its global operations. More details have surfaced about […]
February 10, 2025
Leasing company Arval Belgium has published new data from its Arval Mobility Observatory indicating that the smaller EV is now seriously breaking through in the company car market. The number of PHEVs has fallen back to 10% of new registrations in this market. Nine of ten company cars ordered in 2024 through Arval have a […]
February 07, 2025
Continental has unveiled its latest innovation in tire technology, the EcoContact 7 and 7 S, designed to maximize electric car efficiency and improve range. The company has drawn inspiration from an unusual source: golf ball aerodynamics. This is how it works. Tire manufacturers are continuously seeking innovative ways to improve the rolling resistance of their […]
February 07, 2025
Plug-in hybrids saw a modest decline in Europe last year (-4%), and despite renewed government strategies and binding CO2 targets, their popularity isn’t expected to rise much. Stricter emission rulings will prevent carmakers from launching new models. So, as the Belgian government provides some slack for these plugged fossil drivelines, nothing fundamental is about to […]
February 07, 2025
Ford, the North American car manufacturer, made good profits in 2024 but once again recorded a hefty loss in its Model e division. At $5.1 billion, it was even higher than in 2023. Ford now wants to get the division back on track with a change of personnel at the very top and proposes extended-range […]
February 06, 2025
The European Commission is revising its plan to remedy the ongoing EV crisis. Green lobby group Transport & Environment has reflected upon the impact of the upcoming proposal, clarifying that a well-chosen scheme for electrifying company cars could create market demand of 2.2 million EVs by the decade’s end. The study reveals that this would […]
February 06, 2025
Volvo Cars had a second consecutive record-breaking year in 2024 and reports the highest full-year retail sales, revenues and core operating profit in its 98-year history. However, the company anticipates a turbulent 2025 due to challenging market conditions. Full-year revenues exceeded SEK 400 billion (€35.2 billion) for the first time in the company’s history due […]
February 05, 2025
In a significant move for the electric vehicle (EV) industry, Avere, Europe’s leading e-mobility association, has officially rebranded itself as E-Mobility Europe. The new identity was unveiled on Monday during a launch event at Autoworld in Brussels. Chris Heron, Secretary General of E-Mobility Europe, emphasized the importance of 2025 for Europe’s EV transition. “This year […]
February 05, 2025
At the end of December, we informed you of a merger between Honda and Nissan, with Mitsubishi possibly joining in. Meanwhile, Mitsubishi hesitates, and now there seems to be a problem between the two main protagonists. Sources familiar with the matter said Tuesday that Honda Motor Co. has sounded out Nissan Motor Co. about becoming […]
February 05, 2025
On Tuesday, Ferrari raised its targets for 2025 after a bumper 2024 and announced six new models this year, including its first BEV. The iconic sports car manufacturer said it is revising its 2025 targets upward, with revenues above €7 billion, up at least 5% compared to 2024. 2024 was a fantastic year for Ferrari, […]
February 04, 2025
According to the manufacturer’s name-giving logic introduced in 2023, Audi models with even numbers are electric, while those with combustion engines have odd numbers in their names. However, this nomenclature is history again. In March, there will be another new A6 with a combustion engine. In 2023, the now deposed CEO Markus Duesmann announced a […]
February 04, 2025
In a mandatory statement, German sports car manufacturer Porsche announced that it is planning talks with Chief Financial Officer Lutz Meschke and Chief Sales Officer Detlev von Platen to terminate their position on the Executive Board early. A sign of desperate times, desperate measures? The statement issued by Porsche is very short and reads: “The […]
