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Automakers ready low-cost EVs for Europe to counter Chinese threat

Automotive Industry Automotive News Europe - 2023-11-24

Just a few years ago, things looked grim for European buyers who wanted an inexpensive car, whether it was a minicar such as the Renault Twingo or simply an entry-level small hatchback at a price of less than …

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VW's Scout EVs to be developed by Magna Steyr, report says

Automotive Industry Automotive News Europe - 2023-11-24

Magna International's Magna Steyr division will develop new vehicles for Volkswagen Group's Scout brand, according to a report. …

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Volkswagen to launch China-specific entry level electric platform

Automotive Industry Reuters - 2023-11-24

Volkswagen said on Friday 17 November it will develop a new platform for entry-level electric vehicles in China and use more local components to lower costs, as the German company seeks to regain lost ground in the world's biggest a …

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Tesla's German production may be hit by Swedish union dispute

Automotive Industry Automotive News Europe - 2023-11-24

The conflict between Swedish unions and Tesla heated up on Friday 24 November as a supplier of critical components joined in a sympathy action to get the electric car m …

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Stellantis to lift revenue target for 'circular economy' unit

Automotive Industry Automotive News Europe - 2023-11-23

Stellantis will lift its 2030 revenue target for its recycling and reconditioning unit after its revenue grew 25% so far this year, CEO Carlos Tavares said, adding that the business would help make electric vehicles more a …

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France to back last-minute delay to Brexit tariffs on electric vehicles

Automotive Industry POLITICO - 2023-11-22

France is set to back a delay to new Brexit tariffs on electric vehicle sales between Britain and EU — paving the way for a last-minute breakthrough in Brussels. …

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Why the U.K. is leading in EV leasing and how the EU can follow

Automotive Industry Automotive News Europe - 2023-11-22

Over the past few weeks, the spotlight have been shining on the leasing sector for being the sleeping giants of electrification. …

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German industry proposes new development standard for safe automated driving

Automotive Industry Automotive Purchasing and Supply Chain - 2023-11-22

Four years ago, the German automotive industry joined forces with 21 partners in a project to develop the world’s first structures for the verification of safety standards for automated vehicles in an urban environment. …

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EV investment will stay strong in Europe despite weaker sales growth, ratings agency says

Automotive Industry Automotive News Europe - 2023-11-22

European investment in electric vehicles will remain largely unaffected by weakening EV demand, in contrast to the US, according to the research arm of the Fitch ratings agency. …

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Hyundai to sell vehicles through Amazon and move supply chain operations to the cloud

Automotive Industry Automotive Logisics - 2023-11-21

Amazon said that in 2024 automotive dealers will be able to sell vehicles through Amazon’s US store and that Hyundai will be the first brand available for customers to purchase. …

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