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Tesla is helping German auto industry to return to growth

Automotive Industry Automotive News Europe - 2024-01-11

Tesla is expected to help German car production grow by 2.5% per year, outpacing annual gross domestic product (GDP) of 1.4%, as the German car industry slowly returns to growth amid cautious optimism, according to consultant and ma …

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Tesla's Berlin plant to suspend most output over Red Sea supply gap

Automotive Industry Automotive News Europe - 2024-01-11

Tesla will suspend most car production at its factory near Berlin from 29 January to 11 February, the company said, citing a lack of components due to shifts in transport routes because of attacks on vessels in the Red Sea. …

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European Commission greenlights Volvo-Renault joint venture for electric commercial vehicles

Automotive Industry trans.info - 2024-01-11

The joint venture will focus on creating a new line of light commercial vehicles that embrace electric propulsion. …

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Tesla Cybertruck could face regulatory hurdles in Europe

Automotive Industry Automotive News Europe - 2024-01-11

Tesla’s Cybertruck, the EV maker’s most anticipated model in years, would face challenges to be homologated in Europe, experts said. …

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VW still has flexibility on EV push, CFO Antlitz says

Automotive Industry Automotive News Europe - 2024-01-11

Volkswagen Group’s finance chief said the automaker remains flexible on how it spends money earmarked for electric and combustion-engine cars as EV uptake slows in some markets. …

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Hungary to spend $2bn on infrastructure where BMW, CATL are building EV batteries

Automotive Industry Automotive News Europe - 2024-01-10

Hungary will undertake a 700-bn-forint ($2 bn) infrastructure development project in Debrecen that will help transform the country’s second-largest city into one of Europe’s biggest battery production hubs. …

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BMW retools Munich factory for all-electric production

Automotive Industry Automotive News Europe - 2024-01-10

BMW is investing €650 m ($711 m) to convert its main plant in Munich to exclusively produce EVs from the end of 2027, a major stepping stone in the transition to the electric age. …

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Stellantis, BlackBerry, Amazon collaborate on 'virtual cockpit' development tool

Automotive Industry Automotive News Europe - 2024-01-09

Stellantis and BlackBerry are collaborating on a “virtual cockpit” that the automaker says will allow much faster delivery of infotainment technology and cut development costs. …

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Escalation in Taiwan could cause further semiconductor crisis in 2024

Automotive Industry Automotive Logistics - 2024-01-09

The escalation of tensions in Taiwan could cause a further semiconductor shortage in the year ahead, presenting a risk to automotive logistics. …

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EU approves major German subsidy for Northvolt battery factory

Automotive Industry ELECTRIVE - 2024-01-08

According to the Commission, the subsidy now approved under state aid law totals €902 m, which will paid in the form of a €700 m direct grant and a €202 m guarantee. “Without the aid, Northvolt would establish the plant in the United …

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