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VW, Mercedes line up battery supplies in Canada

Automotive Industry Automotive News Europe - 2022-08-22

Volkswagen Group and Mercedes-Benz Group have sealed agreements with Canada to secure access to raw materials such as nickel, cobalt and lithium for battery production, according to people familiar with the accords. …

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Hyundai Motor may speed up construction of U.S. EV plant, Yonhap reports

Automotive Industry Reuters - 2022-08-22

A new US law excluding electric vehicles assembled outside North America from tax credits could persuade South Korea's Hyundai Motor Co to bring forward the start date for construction of an EV and battery plant in the United States to a …

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50% of Geely vehicle sales to be electric by 2023

Automotive Industry electrive.com - 2022-08-21

The Chinese carmaker Geely is accelerating its transition to electric vehicles, as was revealed in the company’s financial report for the first half of 2022. The company aims to make 50% of its overall sales electric by 2023. …

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Germany Risks a Factory Exodus as Energy Prices Bite Hard

Automotive Industry Bloomberg - 2022-08-19

Europe’s industrial heartland faces a potential exodus as manufacturers of German car parts, chemicals and steel struggle to absorb power prices that rocket to new highs almost every day. …

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Self-driving revolution to boost economy and improve road safety

Automotive Industry UK Government - 2022-08-19

UK roads could see self-driving vehicles rolled out by 2025 thanks to new government plans – backed by £100 million – which prioritise safety through new laws and create thousands of new jobs in the industry. …

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BYD expands European distribution network

Automotive Industry Automotive News Europe - 2022-08-18

BYD, a leading Chinese EV maker, has selected Danish dealer Nic. Christiansen Group to distribute its electric passenger vehicles in Denmark.  …

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Why BMW, Audi face risks in China as political tensions grow

Automotive Industry Automotive News Europe - 2022-08-18

European investment in China is holding up for now despite deteriorating political relations between the two trading partners, with businesses looking for ways to work around any decoupling threat. …

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Nio opens second battery swapping station in Norway

Automotive Industry electrive.com - 2022-08-17

The Chinese electric car manufacturer Nio has opened its second battery-swapping station outside China. Like the first, the battery-swapping station is located in Vestby, Norway. But the first stations are soon to be built in Bergen. …

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Record heatwave forces six-day factory closures in China

Automotive Industry Automotive Logistics - 2022-08-17

Carmaker Toyota and electronics supplier Foxconn are among companies that have been forced to shut down their operations in China’s Sichuan province because of a heatwave that has prompted a water and electricity supply crisis. …

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Japan auto lobby says it is concerned about new US law on EV credits

Automotive Industry Reuters - 2022-08-17

A major Japanese auto lobby said it was concerned about a new US law that restricts tax credits for electric vehicles to those assembled in North America. …

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