November 12, 2024
In November 2020, Bentley announced as part of its ‘Beyond100’ strategy that the entire model range would be converted to fully electric vehicles by 2030. The VW luxury brand has now postponed this target to 2035. The schedule change is part of the revised corporate strategy ‘Beyond100+’, which the new Bentley CEO Frank-Steffen Walliser, who […]
November 11, 2024
LiveWire, the electric spin-off of the King of American motorcycles, Harley Davidson, has joined forces with Taiwanese scooter specialist Kymco to develop a fully electric maxi-scooter based on its S2 Arrow powertrain. It hopes to see its debut maxi scooter pop up massively in cities like Paris and Milan in the future. Looking closely at […]
November 11, 2024
Tensions are rising over next year’s new EU CO2 emission targets for the auto industry. Backed by Germany, France is pushing the European Commission to postpone the targets by one year. However, the Brussels administration maintains a firm stance. Without delay, car makers will need a significant uptick in electric car sales next year. However, […]
November 11, 2024
Mercedes-Benz’s sporty subdivision Mercedes-AMG wants to develop a full-size electric SUV from the ground up. The model will be the second vehicle based on the all-electric AMG.EA platform. Development vehicles are due to start their first test drives this winter. The AMG.EA platform, short for AMG Electric Architecture, is designed for Mercedes-AMG’s future performance models. […]
November 08, 2024
At their annual press conference, the Belgian Association of Vehicle Rental Companies Renta urgently appealed for help. Renta Chairman and Ayvens CEO Johan Portier made it clear that the second-hand market needs structural support, now. “The Belgian market is now like an island in Europe. With its heavy emphasis on company cars (B2B market) and […]
November 08, 2024
Naming policies are sometimes a quirky business in the auto industry. Audi hasn’t been shy of confusing with the namesakes of their models and has now turned that reputation one notch up by launching a new Chinese brand called – well – AUDI. Yes, you spell it in capitals; no, there are no rings anymore. […]
November 08, 2024
German premium car manufacturer Mercedes-Benz says its upcoming entry-level CLA will set the bar for EV range, charging speed, and efficiency with advanced new tech. Ahead of its arrival in 2025, Mercedes is giving us a slightly closer look at its new generation of electric cars. “With the CLA, we are ushering in a new […]
November 07, 2024
Belgian multinational Umicore, a company specializing in materials technology for electric car batteries, is cutting about 260 jobs worldwide. Some 100 jobs are disappearing in Belgium, including 71 in Olen and the rest in Brussels. The construction of a new plant for battery materials in Canada will also be postponed. The measures are expected to […]
November 07, 2024
The election of Donald Trump as the next American president is terrible news for the climate, says KU Leuven professor Katja Biedenkopf, an expert on climate negotiations. “Trump has already announced that he will support the oil and gas industry and reduce or abolish Biden’s climate-friendly actions.” The stock market also reacted to the election. […]
November 06, 2024
Another indicator of the automotive industry’s struggle was that German automotive supplier Schaeffler announced plans to cut 4,700 jobs across Europe. The layoffs, primarily targeting ten sites in Germany and five additional European locations, will unfold between 2025 and 2027, with two site closures also confirmed. Schaeffler joins the ranks of automotive companies turning to […]
November 06, 2024
Kia has already delisted the Niro EV from its German-language website. This is likely due to the new Kia EV3, which is hitting the market with remarkably similar specifications but stands better in every category, from charging to pricing. Meanwhile, Kia is testing rigorously its even smaller EV, the Kia EV2. There are even talks […]
November 06, 2024
On Sunday, the new French Economy Minister Antoine Armand pleaded to postpone the fines for car manufacturers exceeding the EU CO2 targets. A spokesman for the European Commission responded on Monday that such initiatives are premature. “Talking already about a change in the Commission’s position on these matters is really premature,” he said in Brussels. […]
November 05, 2024
Suzuki has officially unveiled its first battery electric vehicle, the e Vitara, in Milan, Italy. Building on the concept model ‘eVX’, the model will also appear as a rebadged Toyota in global markets. The newcomer is expected to hit European markets by the summer of 2025. As the Vitara has been a long-time bestseller for […]
November 05, 2024
According to the data from the federal government service Mobility and Transport and the sector federation Febiac, car registrations in October 2024 were 5.5% less than last year. 36,447 cars were registered. Added to the total for the first nine months, 393,015 units were sold in 2024, or 4.9% less. Three-fifths (60.9%) of the market […]
November 05, 2024
Despite continuous negative press about EV sales declining in countries like Germany and France, the Netherlands still sees growth in newly registered and second-hand electric cars. According to the automotive sector organization Bovag, the used EV market is picking up with a 36.9% growth, as more are available from the leasing sector. The number of […]
November 04, 2024
Because of weak demand, the US automotive group Ford has decided to suspend production of its F-150 Lightning electric pickup truck for six weeks. Ford’s electric car division has been making massive losses for a long time. The combustion version of the F-150 has long been a cult car in the USA and an important […]
November 04, 2024
Oxa, a British autonomous driving tech firm, has unveiled its autonomous Ford E-Transit Van and Minibus. They will enter operation in the UK and US as the first mass-production vehicles to make use of Oxa’s software. Enough for one of the company’s VP’s to take a stab at Tesla, which unveiled its Robovan concept in […]
November 04, 2024
One year after its creation, Renault’s electric subsidiary Ampere seems to flourish. Renault Group CEO Luca de Meo said this in a press gathering last week in Douai at one of the manufacturer’s ‘Electricity’ plants in France. According to the CEO, Ampere was the right decision to respond to the energy transition and for Renault […]
November 04, 2024
Toyota has confirmed launching a new electric SUV based on Suzuki’s upcoming EV model. This SUV, set to be built in India starting next spring, is a variant of the Suzuki eVX, which was unveiled initially at the Auto Expo in Delhi last year. The collaboration makes it easier for both car makers to enter […]
November 01, 2024
Yesterday, Hyundai Motor Company unveiled its Initium hydrogen fuel cell electric vehicle (FCEV) concept at its ‘Clearly Committed’ event at Hyundai Motorstudio Goyang. Initium provides a preview of a new production FCEV that Hyundai Motor plans to unveil in the first half of next year. Initium is a Latin word meaning ‘beginning’ or ‘first’. “It […]
October 31, 2024
For the first time, Chinese automaker BYD has surpassed Tesla in quarterly revenue. The leap is driven by strong domestic sales, helped by government incentives, and BYD’s relentless focus on expanding its international footprint. In China, where over half of vehicle sales now consist of electric or hybrid models, BYD continues to dominate. BYD reported […]
October 31, 2024
In the third quarter of 2024, Volkswagen Group saw its operating result shrink by 41.7% and its earnings after taxes by 63.7%. The core brand Volkswagen was barely profitable. Against this backdrop, VW and IG Metall have started the next round of negotiations on the company’s collective labor agreement. VW CFO Arno Antlitz insists on […]
October 31, 2024
With the European tariffs coming into force this week, China is putting pressure on its carmakers not to invest in countries that voted for the tax wall. Mainly France and Italy were the driving forces for imposing tariffs, and instead, China suggested favoring Germany or Hungary, who voted against them. According to Reuters, quoting two […]
October 30, 2024
The European Commission has made the higher import tariffs on Chinese EVs effective ‘by law’ from Thursday after the official publication of it. Negotiations with Chinese government failed so far, but the Commission is aiming for deals with individual manufacturers now on a minimum price for cars and quotas for their imports. In return, the […]
October 30, 2024
With series production of its first ‘long-range’ electric heavy truck, the Mercedes eActros 600, kicking off next month, Daimler Truck is getting the Mannheim factory ready. One of the most critical components, the front box, has already started production. But what is it? The front box is a multi-component module that contains many of the […]
October 30, 2024
The distribution network rates on household electricity bills, which account for approximately one-third of the total cost, may increase by 31 percent next year. According to some initial calculations, this would amount to an average of more than 100 euros extra per year. For the third year in a row, electricity network rates are increasing. […]
October 30, 2024
Chinese smartphone brand Xiaomi and also making a successful entry as an electric carmaker, proudly announces that its SU7 Ultra prototype has become the fastest 4-door car on the Nürburgring Nordschleife. It recorded a time of 6 minutes 46.874 seconds, making it quicker than the Ferrari 296 GTB, the Porsche 918 Spyder, or the Rimac […]
October 30, 2024
The curtain falls on Audi Brussels: the date of death is ‘officially’ fixed at February 28th, 2025. Or is there still one stalk of straw to grasp? Eventually, a new potential investor surfaced from several possible overtakers contacted by Audi management: a ‘mystery’ commercial vehicle—truck and bus—manufacturer. Audi confirmed on Tuesday that the factory would […]
October 29, 2024
Volvo Group (the parent company of Volvo Trucks and Renault Trucks) and Daimler Truck (Mercedes-Benz Trucks) have signed a binding agreement for their new joint venture to develop a software-defined vehicle platform, which was announced earlier this year. After regulatory approvals, the new company is expected to be founded in the first half of 2025. […]
October 29, 2024
Works Council Chairwoman Daniela Cavallo has provided further details on the planned savings in the Volkswagen Group ahead of the next round of negotiations. The Board of Management allegedly wants to close up to three plants, downsize all others, divest core areas, and implement massive salary cuts. This would also affect electric car production. “This […]
October 28, 2024
As tensions escalate over European Union tariffs on electric vehicles, Bloomberg reports that China is pressing its automakers from the backroom to halt their expansion plans into Europe. Beijing allegedly advises Chinese car manufacturers to stop pursuing new production sites in the EU and avoid signing further agreements while negotiations with Brussels are ongoing. In […]
October 28, 2024
According to sector federation Febiac, the market share of pure electric cars in Belgium and Luxembourg is still growing. During the first nine months of this year, 27% of registrations were purely electric, a 7.4% increase compared to 2023. Of course, the most significant factor in this positive electric result is the company car segment, […]
October 25, 2024
Scout Motors, a subsidiary of Volkswagen Group, has unveiled two new flagship electric off-roaders for the US market. The SUV Traveler and its pickup counterpart, the Terra, sit on the same electric body-on-frame platform, providing up to 350 miles (563 km) of range. A range-extender option brings that range to up to 800 km. Both […]
October 25, 2024
With a turnover of €10.7 billion (+1.8%), Renault Group is swimming against the tide in automotive land. Thanks to many new models, sales decreased less than the market average. That’s why it maintains its forecast for 2024, with an operational margin of 7.5% and a free cash flow of over € 2.5 billion. “Our third-quarter […]
October 25, 2024
Tesla surprised investors and analysts by posting bigger-than-expected profits for the third quarter of 2024. Though the EV maker boosted deliveries in the past three months, the money comes from unexpected income like CO2 credits, cost cutting, and “services and others.” Interestingly, Elon Musk never favored the latter as an important revenue stream. Tesla exceeded […]
October 24, 2024
Is lithium the new gold mine for Arkansas after oil? Researchers have discovered that an underground brine reservoir in the southern US state may contain as much as 5 to 19 million tons of lithium. Lithium is a crucial raw material for electric vehicle batteries. The amount of lithium in the Arkansas beds would be […]
October 24, 2024
Jim Farley, Ford’s CEO and boss of the world’s sixth-biggest car company, with 177.000 people working for him, made a striking confession: He has been driving a Chinese Xiaomi SU7 fully electric car around Detroit for the last six months and doesn’t want to give it up. “It’s fantastic and is made by a smartphone […]
October 24, 2024
Despite good Q3 sales results, Volvo is warning of a ‘cold winter’ in sales for the last quarter of this year and even deep into 2025. Meanwhile, the sales of electrified vehicles almost reach half of the total sales, and pure electric sales represent one-quarter of these total sales. Volvo Cars reported a core operating […]
October 24, 2024
Dutch electric bus manufacturer Ebusco’s lawsuit in summary proceedings over the payment for 45 buses turns out to be a damp squib. The Dutch judge ruled that public transport company Qbuzz has the right to cancel the order, even when the buses are mostly ready for delivery. The court also allowed Qbuzz to keep the […]
October 23, 2024
Autoservizi Troiani, an Italian public transport operator, has ordered 110 electric Mercedes-Benz eCitaro buses to deploy in the east part of Rome, which will all be delivered by mid-2026. Part of these e-buses will use the “next-generation” NMC4 batteries, which promise more range and a longer lifespan. Autoservizi Troiani first ordered 40 hybrid Mercedes Citaro […]
October 23, 2024
To mark the 25th anniversary of the original A2, Audi is showcasing an A2 e-tron, an A2 that has been converted into an electric vehicle by a bunch of Audi apprentices. Although this is a one-off created for the anniversary, Audi is planning a new entry-level electric model below the Q4 e-tron, likely to be […]
October 23, 2024
The Swiss manufacturer Softcar has unveiled a lightweight L7e electric car with four seats. It weighs 640 kilograms, including the battery, and is said to have a range of 200 kilometers. Prices start from €23,000. All vehicles in the L7e class have one thing in common: they can travel at a maximum speed of 90 […]
October 22, 2024
According to a new study by the green group Transport & Environment (T&E), subsidies for gasoline and diesel company cars cost taxpayers €42 billion every year in the five biggest EU countries alone. The study by ERM, commissioned by T&E, calculates the effects of the four tax benefits traditionally given to company cars: benefit-in-kind, depreciation […]
October 22, 2024
Mercedes-Benz has finally opened its own battery recycling plant in Kuppenheim, southern Germany, using Primobius’s technology. It’s Europe’s first battery recycling plant using an integrated mechanical-hydrometallurgical process: shredding battery modules and chemically washing out and drying ‘precious’ materials. The company expects more than a 96 percent recovery rate for valuable and scarce raw materials such […]
October 22, 2024
The European Car Manufacturers Association (ACEA) data show that in September 2024, new EU car registrations continued their downward trajectory (-6.1%), with negative results across three of the region’s four major markets. France declined by -11.1%, Italy by -10.7%, and the German market regressed by 7%. On the other hand, Spain experienced a rebound (+6.3%). […]
October 21, 2024
At the Paris Motor Show, Renault also presented an entire EV ecosystem. It has shown up with a fleet of electric vehicles covering everything from the road to the sea and even the sky. The concept vehicles were showcased with the Renault 4 E-Tech launch. Renault not only presented the R4 E-Tech for the first […]
October 21, 2024
Volvo Group, the Swedish manufacturer of Volvo Trucks, Renault Trucks, and Mack Trucks, has announced a hefty profit drop for the third quarter of this year. Due to slowing demand in the freight and construction segments, the forecasts for 2025 are also not very optimistic. Volvo Group earned an adjusted operational profit of 14.1 billion […]
October 21, 2024
Hyundai Mobis, a leading parts supplier for Hyundai, is taking in-car screen technology to the next level with its latest innovation: a full-width holographic windshield display. Developed in partnership with German optical giant Zeiss, this new technology could revolutionize how drivers and passengers interact with their vehicles by transforming the entire windshield into a transparent […]
October 21, 2024
Romanian low-cost carmaker Dacia is taking a knife to EV prices, with a little help from the Flemish government. With the incentive from Flanders, the new Dacia Spring base version is available from €7,545.50. It’s more than half the price when the small electric car was launched. The Dacia Spring has always been the cheapest […]
October 21, 2024
Specialized news magazine Automotive News communicated this week that the fate of the Audi factory in Brussels was sealed. The factory will be closed, and all 3,000 employees will be laid off. Maybe the spectacular message comes a bit too early. A recent statement by Audi COO Gerd Walker has fueled it. Until now, Volkswagen […]
October 18, 2024
Elon Musk has promoted Omead Afshar, previously seen as his “chief of staff” at Tesla, to a high-ranking executive role, marking a significant leadership change at the automaker. Afshar, who faced controversy in 2022, now assumes the position of Vice President of Operations in North America and Europe, overseeing Tesla’s sales and manufacturing in these […]
October 18, 2024
BMW CEO Oliver Zipse’s latest stance against the sales ban on combustion-engined cars by 2035 might reignite the discussion surrounding a political revision on the EU level. According to the top executive, keeping the combustion engine running is the best remedy for remaining competitive in the face of mounting Chinese competition. President of the European […]
October 17, 2024
Stellantis said on Wednesday that its consolidated global shipments in the third quarter have dropped to 1.148 million units, a 20% decrease compared to the same period in 2023. The Franco-Italian automaker said in a note that the fall in deliveries was higher than underlying sales, which are estimated to have dropped by 15%. This […]
October 17, 2024
Geely’s premium electric vehicle brand Zeekr is preparing to officially unveil its new mid-sized MPV, the Zeekr MIX, on October 23. With display models arriving in showrooms around the same time, the MIX is expected to generate significant attention due to its advanced design and family-oriented features. The Zeekr MIX, which is also headed to […]
October 17, 2024
South Korean car manufacturer Hyundai wanted to present something new at the Paris Motor Show, so this week, it premiered the Inster Cross in the French metropolis. Hyundai says it’s a version of the small city dweller “with a more outdoor look”. The regular Inster, based on the little Casper with a combustion engine available […]
October 16, 2024
The International Council on Clean Transportation (ICCT) has published a study on the CO2 reduction requirements of the ten largest car manufacturers to comply with the EU’s fleet limits for 2025. On average, manufacturers must increase their BEV share by a maximum of twelve percentage points, from 16% in 2023 to around 28% by 2025. […]
October 16, 2024
Stellantis brand Citroën presented the upcoming C5 Aircross as a concept car at the Paris Motor Show. The carmaker will also launch it with a purely electric drive. The revised ë-C4 and ë-C4 X were also on display. The C5 Aircross Concept shown in Paris features several design elements common to show cars of this […]
October 15, 2024
Stellantis CEO Carlos Tavares said on Monday at the Paris Motor Show that he is not ruling out future job cuts. “I am not ruling out anything,” Tavares told French radio station RTL when asked whether he intended to cut jobs. Tavares was in the French capital for the Paris Motor Show, which runs until […]
October 15, 2024
Leapmotor International entered the Paris Motor Show today with the global debut of the B10, the first model in its new B-series. “This launch marks a critical milestone in Leapmotor’s global expansion, as the company accelerates its efforts to provide accessible, high-tech electric vehicles (EVs) across Europe and beyond,” says the press release from partner […]
October 14, 2024
Gigacasting has been touted as the go-to manufacturing innovation for cost-efficient EV production. After Tesla introduced the technique, many carmakers followed its lead or planned to do so. But after doing the math, Stellantis has decided to sidestep the adoption of gig casting in favor of more flexible, quickly implementable solutions. A missed opportunity? Arnaud […]
