March 22, 2024
At its annual investor conference, BMW Group revealed a robust financial result for the past year and sketched a positive operational outlook for 2024. This year, the carmaker will spend a peak budget on new energy R&D before its next-generation electric vehicles hit the factory floor. CEO of BMW, Oliver Zipse, looks back at a […]
March 21, 2024
Pickup truck specialist Isuzu has beaten compatriot Toyota to the game of launching its first battery-powered light truck. The D-Max BEV will be unveiled at the Bangkok International Motor Show on March 27th, and the Japanese niche vehicle maker will be piloted into the electric transition. Isuzu Motors, which has built up a solid reputation […]
March 21, 2024
BMW will launch an all-new X3 this year, but the car model everybody is focusing on is the Vision Neue Klasse X. This is the north star for the brand’s next-generation battery-powered SUVs, lifting electrification, digitization, and sustainability to a new level. Following a leak earlier this week, BMW has revealed the BMW Vision Neue […]
March 21, 2024
French carmaker Peugeot presents the new e-5008. Using the same recipe as its predecessor, this is a more extended version of the e-3008 with seats for up to seven passengers. Based on the same STLA Medium platform, the electric Peugeot offers up to 320 hp and 660 km of range thanks to a large 98 […]
March 21, 2024
President Joe Biden is pushing the American car industry toward reducing CO2 emissions by 50% in 2032 compared to 2026, as first announced last year in April. However, under pressure from carmakers and unions, he has allowed a more ‘lenient’ path to achieving that in the 2027-2030 period, with no longer stringent quotas for the […]
March 20, 2024
Renault Group CEO (and current ACEA President) Luca de Meo has addressed a ‘Letter to Europe‘ to “all key decision-makers and stakeholders across Europe”. It’s an “Advocacy for a sustainable, inclusive, and competitive automotive industry.” With just a few months to go before the European elections, this twenty-page document calls for European mobilization “to succeed […]
March 20, 2024
BMW will also produce its ‘Neue Klasse’ (New Class) electric cars at its Regensburg plant. The car manufacturer confirmed this but has not yet provided further details about possible models. As BMW states in a current press release, the initial preparatory work for producing the new platform at the Regensburg plant has already been completed. […]
March 19, 2024
Mercedes-AMG is preparing its first fully electric car, and to illustrate its progress, the company has released some photos of a vehicle prototype on the icy expanses of a Swedish lake. The scene looks playful, but according to the official reading, the prototype of Mercedes-AMG’s battery-powered sports car is undergoing rigorous tests under severe winter […]
March 19, 2024
The Holy Grail of the EV market is currently the sub-25,000 dollar or euro model, a goal that every prominent manufacturer envisions. Ford’s CEO Jim Farley has announced that the company is working on a new, low-cost EV platform to bring a sub-$25,000 electric SUV and pickup truck to market, but the question remains: when? […]
March 19, 2024
Brussels Airport accounts for 5.41 billion in added value and more than 64,000 jobs. According to a study on the economic impact commissioned by Zaventem Airport, the Universities UAntwerpen and UCLouvain presented these results on Monday. Meanwhile, management and unions at Brussels Airlines also reached an agreement on Monday regarding better pay for cabin crew. […]
March 19, 2024
Renault Trucks closed 2023 with 69,859 trucks delivered, the best result in recent years and an 18% year-on-year growth. The French manufacturer also delivered 1,636 electric trucks, an increase of 153% compared to 2022, giving it a market share of 22.4% in Europe. There are positive figures all around at Renault Trucks, as the 2023 […]
March 19, 2024
Audi has taken the wraps from the much-anticipated Q6 e-tron, poised to challenge the best-sellers with the cutting-edge architecture it shares with the Porsche Macan EV. The zero-emission model must mirror the success of its combustion-engined sibling, the globally acclaimed Q5. After a prototype reveal last year, Audi has released the full specs and final […]
March 18, 2024
In a few days, BMW will show the concept of its first SUV variant of the ‘Neue Klasse’, called Vision Neue Klasse X. Rumors have it that this iX3 successor will be the first car of BMW’s new EV class range to appear on the market by the end of next year, before the sedan […]
March 18, 2024
According to Frank Moser, product manager at Porsche for both the 718 and 911 models, the Stuttgart-based sports carmaker will add electrified versions to the 911 when the current generation is facelifted in 2025. This is a pivotal moment, as the most iconic Porsche has stuck to the thrill of true combustion engines so far. […]
March 18, 2024
When it rains in the US, it dripfeeds to Europe. The previously announced price hike for the world’s best-selling EV, the Tesla Model Y, reaches the continent’s shore. As of April, the price will rise by around €2,000. Tesla’s pricing increase for the Model Y electric SUV in several European countries was announced via a […]
March 18, 2024
The clock is ticking for Belgian bus maker Van Hool, which will go bankrupt if no private investor is found before the end of March. Belgian entrepreneur Guido Dumarey confirmed in an interview with Radio 1 that he’s convinced he can ‘rebuild’ Van Hool to a profitable, streamlined production company with 1,800 of the current […]
March 18, 2024
Japanese car manufacturers Nissan and Honda have officially confirmed plans for a strategic partnership in electric cars and other areas. The manufacturers’ intention to work together was already leaked last week. Honda announces that both companies have signed a letter of intent “to strengthen environmental and electrification technologies as well as software development.” The competitors […]
March 15, 2024
At the annual media call 2024, Volkswagen brand CEO Thomas Schäfer unveiled more details on the upcoming €20,000 ID.1. The most affordable EV in the lineup will arrive in 2027. However, the biggest challenge will be deciding on the location of production. All mainstream automakers focus on affordable EVs, which is critical to realizing the […]
March 14, 2024
Lightning never strikes twice in the same spot, except in Wolfsburg. Simultaneously, Volkswagen has announced sharp and sporty GTX versions of the ID.3, the ID.7 Tourer, and the ID.Buzz. Basically, this is the zero-emission revival of the well-known GTI badge. Volkswagen has yet to release the final specs and data on the ID.buzz, but expectations […]
March 14, 2024
Nissan and Honda are preparing to reduce their production capacities in China significantly. The two Japanese car manufacturers are finding it difficult to keep up with Chinese competitors in the race for electric cars. A solution could be to join forces and slash EV prices consequently. As Nikkei Asia reported, both manufacturers plan to reduce […]
March 14, 2024
According to Flemish Minister-President Jan Jambon and Minister for Work Jo Brouns, several possible candidates are ‘lining up’ and showing interest in investing in a restart of bus manufacturer Van Hool in Koningshooikt (Lier). But that doesn’t mean avoiding bankruptcy, as some – like Belgian entrepreneur Guido Dumarey, a specialist in blowing new life into […]
March 14, 2024
Volkswagen Group is launching a major product push this year to help offset a gloomy economic outlook and growing competition. At the same time, a major efficiency improvement has to cut costs impressively. On Wednesday, finance chief Arno Antlitz presented the automaker’s 2023 results, saying the “general economic situation remains challenging”. VW Group expects a […]
March 13, 2024
China’s fifth-largest smartphone maker, Xiaomi, unveiled its first electric car in late December. The company confirms that it will bring its first EV SU7 to market on March 28th, when prices should be known. The Xiaoni SU7 is the brand’s first foray into the automotive industry. It’s a mid-size electric sedan powered by two electric […]
March 13, 2024
From Friday 22 to Sunday 24 March, Tour & Taxis will host the sixth edition of the bike fair Bike Brussels. In the event location’s ‘Gare Maritime, ‘ more than 150 exhibitors will guide cycling enthusiasts through the latest innovations in the sector, recent accessories that can come in handy for a trip on two […]
March 13, 2024
The future electric SUV from Hyundai has been spotted testing in various states of cover. Previously announced as Ioniq 7, it could be renamed Ioniq 9 after the success of its brother from Kia, the EV9. What is certain is that both SUVs will share the same 800-volt E-GMP platform. This should give the seven-seater […]
March 12, 2024
Porsche has unveiled the nec plus ultra of its facelifted Taycan range: the Turbo GT. It is the fastest four-door EV on the Nürburgring and Laguna Seca and the most powerful series production model from Porsche ever. It is enough to comfortably beat the Tesla Model S Plaid, but it also comes at a price. […]
March 12, 2024
Volvo has announced a significant charging improvement for cars built on its next-gen EV platform. Their batteries will charge up to 30% faster than the current line-up, and it has nothing to do with revolutionary chemistries or a different manufacturing approach. The secret weapon is an algorithm. Volvo Cars is investing in Breathe Battery Technologies, […]
March 12, 2024
In an interview with the American car magazine Car and Driver, Stellantis CEO Carlos Tavares says his group has to produce its own batteries. Meanwhile, he also stresses that EVs have to become lighter and batteries more efficient to maintain the expected range of an EV. The most expensive part of an EV is the […]
March 12, 2024
Belgian bus manufacturer Van Hool decided to cut almost half of its jobs at its headquarters in Koningshooikt after a series of cascading troubles eviscerated its competitiveness. Some point to Van Hool’s hydrogen strategy, others to the lack of support from public transport company De Lijn, but neither explanation offers a complete picture. It has […]
March 12, 2024
After the sabotage attack, which led to a power outage and discontinuation of assembly, Tesla’s Grünheide factory is back online. Engineers from energy supplier Edis worked in three-shift mode to restore the connection and succeeded on Monday evening. “The measures to restart the plant are now running at full speed under all safety precautions,” wrote […]
March 12, 2024
Audi has confirmed the expected reorganization of the Board of Management: CEO Gernot Döllner is also taking over Technical Development at the German carmaker with immediate effect. Audi’s Formula 1 Team accelerates its racing commitment and takes over the F1 Sauber team. Audi’s previous Board Member for Technical Development, Oliver Hoffmann, will now be responsible […]
March 11, 2024
Until the end of April, Fiat will switch to one shift at its Mirafiori plant due to falling demand for the all-electric 500e and the Maserati models produced on-site. The factory near Turin adapted its output in February, but the supposed plan to resume two-shift operations at the beginning of this month has been further […]
March 11, 2024
Within three years from now, Japanese customers will enjoy the benefits of autonomously driving Nissan taxis in Japan. The automaker has been investigating self-driving cars in traffic since 2017 and has released a road map to make it happen. Nissan is taking a cautious approach to Robotaxi rides and wants to gather experience and customer […]
March 11, 2024
Car manufacturing group Stellantis wants to take over the Belgian, Sint-Truiden-based transmission specialist Punch Powertrain. Although both companies are already working together via joint ventures, the Belgian company wants to defend itself against this hostile takeover in court. Punch Powertrain plays an important role in Stellantis’s electrification process because it develops and produces the transmissions […]
March 11, 2024
In stormy weather since the Covid-19 pandemic and the following crisis, Belgian bus and coach builder Van Hool production workers face the ultimate doom scenario. On Monday’s ultimate works council, the unions got the grim message that 1,116 of currently 2,494 jobs at the company’s main factory in Koningshooikt (Lier) will disappear by 2028, 834 […]
March 11, 2024
Audi will produce its new entry-level electric model, announced around a year ago, at its headquarters in Ingolstadt. Gernot Döllner, Audi’s CEO, said as much at a staff meeting at the main plant. The new EV sits below the Q4 e-tron. Its much bigger brother, the Q6 e-tron, is already rolling off the production line […]
March 08, 2024
US electric car manufacturer Rivian has unveiled a new mid-size platform for the new R2, its first next-generation model after the R1S and R1T. On the platform, an even smaller model will be available, the R3. Both models are thus based on a new platform and come with a choice of one, two, or three […]
March 08, 2024
German premium car manufacturers BMW and Mercedes-Benz have formed a joint venture to construct EV fast chargers in China. The joint venture, Beijing Ion Qi New Energy Technology Co., Ltd., is based in Beijing’s Chaoyang district. The joint venture, in which Mercedes-Benz Group China and BMW Brilliance Automotive each hold a 50% stake, aims to […]
March 08, 2024
Hydrogen, regarded as one of the critical energies for decarbonizing heavy road transport and the steel industry, faces a new hurdle. The cost of its quintessential production tool, the electrolyzer, is rising steeply instead of reaching affordability. That’s not according to plan. A recent report by Bloomberg New Energy Finance (BNEF), the 2024 Electrolyser Price […]
March 07, 2024
E-truck start-up Volta Trucks has signed a preliminary agreement with Austrian production specialist Steyr Automotive to continue producing its trucks. The Swedish start-up filed for bankruptcy in October last year but was bought out by Luxor Capital Group, one of its creditors, in December. It seems that the Volta Trucks story will continue after all. […]
March 07, 2024
Stellantis, including brands such as Citroën, DS, Peugeot, Jeep, Fiat, and Alfa Romeo, will invest 5,6 billion euros in South America between 2025 and 2030, the largest investment ever in the South American automotive sector. The group aims to develop its EV offerings on the continent and promote its ‘bio-hybrid’ technologies, which combine electrification and […]
March 07, 2024
The fire on the cargo ship Felicity Ace, which caused the loss of several thousand vehicles, is finding its way to court. A probe points to a Porsche EV aboard with a defective battery having ignited the fire. That kept the ship burning for two weeks before it sank. The Volkswagen Group is facing lawsuits […]
March 06, 2024
Brussels-based holding company D’Ieteren, best known for car glass repairer Carglass and as an importer of VW vehicles, posted sharply higher profits in 2023. Last year, that adjusted consolidated profit before tax came to 970.8 million euros or a 28.1% increase compared to 2022. Things look rosy for D’Ieteren for this year, too: It expects […]
March 06, 2024
According to Mobility Federation Traxio, the new and second-hand car market continues to perform well in February 2024. Last month, 60,355 second-hand cars were registered, that is 7,160 units or 13,5% more than last year. The success is due to the more significant offer and stable prices. Private individuals ‘ registrations of second-hand electric vehicles […]
March 06, 2024
According to a document published on Tuesday and cited by the Reuters news agency, the EU Commission says it has sufficient evidence ‘tending’ to show Chinese EVs were being subsidized, and it will start ‘customs registrations’ on Thursday to prepare for possible retroactive tariffs. That means that import tariffs could be imposed retrospectively if the […]
March 05, 2024
According to Toyota’s projections for the U.S. market, American consumers are expected to purchase significantly fewer EVs by 2030 than the Environmental Protection Agency (EPA) anticipates. Consequently, the automaker plans to procure emissions credits to meet U.S. regulations instead of allocating additional resources toward electric vehicle development, citing doubts about their marketability. The EPA announced […]
March 05, 2024
In February, Volvo Cars achieved its highest-ever share of electrified models in fully electric and plug-in hybrids and fully electric combined. This was mainly driven by the ramp-up of the company’s new fully electric small SUV, the EX30. Fully electric cars constituted 22% of all cars sold globally last month, while the combined sales of […]
March 05, 2024
Three years after its launch, Hyundai’s Ioniq 5 EV gets an extensive update, which adds a bigger battery, improved aerodynamics, ergonomic changes to the interior, better safety tech, and a new N Line model, adding some sportiness to the ‘regular’ model range. Strictly speaking, this is the Ioniq 5’s mid-life facelift, but not much has […]
March 05, 2024
Leapmotor, the Chinese start-up with backing from Stellantis, has launched its first ‘global’ model: the C10, an electric or range-extended family SUV with a very aggressive price point. The model is now available in China for around €16,500, with an international launch following later this year. Leapmotor first presented the C10 at the IAA in […]
March 05, 2024
The French car manufacturer Renault is hoping it has a winner on its hands with the upcoming Renault 5 BEV. The company says it already has 50,000 orders on the waiting list just a few days after its official debut at the Geneva Motor Show. “We have a waiting list of 50,000 people,” Renault brand […]
March 05, 2024
BMW has started building its own production facility for fifth-generation high-voltage batteries in Thailand. The high-voltage battery assembly facility on the site in Rayong will prepare the plant there for the production of purely electric cars. According to the Munich-based company, local BEV production is set to begin in the second half of 2025. The […]
March 04, 2024
The electric car manufacturer Fisker warns in its latest annual report that it may be unable to continue operations. The current resources are not sufficient to cover the next twelve months. Such warnings occur from time to time and do not necessarily result in the insolvency of a company. In this way, Fisker’s management draws […]
March 04, 2024
After this exact point was speculated last summer, Dacia CEO Denis Le Vot confirmed to Automotive News Europe at the Geneva Motor Show that the Sandero, the current best-seller of the brand, will get an electric successor by 2027 or 2028. Dacia currently only has the heavily updated Spring in terms of electric offerings, but […]
March 04, 2024
In February, 43,723 cars were registered in Belgium and Luxembourg, 9.6% more than in February 2023. The rise can be attributed to more individual buyers, which is noticeable, given that there was no traditional motor show this year. The registrations for individual buyers increased by 12.9%, representing 41.7% of total registrations, while they were 37.6% […]
March 04, 2024
Nissan bids farewell to an era as it halted production of the iconic all-electric Leaf MkII at its Sunderland plant in the UK last week. In a following move, the automaker readies its next-generation electric vehicles at the factory. Since its inception in 2010, the Leaf has been a trailblazer in the electric vehicle market, […]
March 01, 2024
The saga around Polestar’s financing opens up a new chapter, as the EV startup managed to draw in some serious funding from international banks. With parent Geely’s commitment, the company is secured to achieve its short-term targets. In the wake of Volvo Cars’ decision to sever ties with Polestar, the EV brand has swiftly pivoted, […]
March 01, 2024
Beherman Motors has signed an agreement with the Chinese brand Farizon to import and distribute in the Benelux region. The well-known family importer, tied to Mitsubishi, Mazda, Saab, and BMW in the past, taps further into the opportunity of the nascent eLCV market and aims at a share of 5%. Farizon, a subsidiary of the […]
March 01, 2024
While in the Netherlands, at VDL Nedcar in Born, for the 2,000 employees, the curtain fell in February for the production of the MINI, BMW shows it is capable of keeping production within its own factories. The first fully electric MINI Countryman models are rolling off the line in Leipzig. Leipzig is the birthplace of […]
March 01, 2024
German carmaker Volkswagen has inked a Master Agreement with Chinese partner Xpeng on strategic technical collaboration to develop two ‘smart e-car’ models in the Chinese market’s mid-size (B) segment. These two first models should hit the market in 2026. For the time being, the collaboration is only for the Chinese market. Still, earlier in July […]
February 29, 2024
Aston Martin is postponing the market launch of its first electric car by one year, citing low customer demand. Instead of 2025, as previously planned, the first BEV from Aston Martin will not be launched until 2026. Aston Martin signed a supply agreement for electric drives with Lucid Motors last year in order to facilitate […]
