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Six consecutive months of growth for UK car production

Automotive Industry SMMT - 2024-03-28

UK car production rises 14.6% in best February performance since 2021. Manufacturing for domestic market surges, up 58.0%, while exports rise 4.6%. Electrified vehicles represent more than a third of output …

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BYD targets 20% jump in 2024 vehicle sales to 3.6M

Automotive Industry Automotive News Europe - 2024-03-27

BYD Chairman Wang Chuanfu the new energy vehicle market is in a "knockout round" with a battle for scale, cost and technology to be played out from 2024-26. …

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Hyundai boosts investment in EVs, software-defined vehicles

Automotive Industry Automotive News Europe - 2024-03-27

Almost half the investment will be spent on EV R&D, including software-defined vehicles and battery technology. …

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Renault, Nissan to launch 4 new models in India, but EVs on hold

Automotive Industry Automotive News Europe - 2024-03-27

The alliance partners said market conditions and regulations were not yet in place to launch electric vehicles in India, the world's third-largest auto market. …

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Stellantis signs deals to cut at least 2,500 jobs in Italy

Automotive Industry Automotive News Europe - 2024-03-26

Stellantis said further agreements are expected for sites in Italy in the coming days, under a framework agreed with unions. …

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Renault in advanced talks with partners to recycle EV batteries

Automotive Industry Automotive News Europe - 2024-03-26

There are growing concerns about Europe's heavy reliance on China for battery materials. …

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Battling the bottlenecks in European vehicle distribution

Automotive Industry Automotive Logisics - 2024-03-25

Capacity constraints in finished vehicle logistics are a big headache for the automotive industry at the moment and carmakers have been chartering their own trucks and ocean ro-ro vessels to secure the space and get their cars to the end …

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Some decline in EV development but trend remains, Northvolt CEO says

Automotive Industry Reuters - 2024-03-25

There is some decline in the trend towards electric vehicles but the underlying development of electrifying automobiles remains in place, Northvolt CEO Peter Carlsson said when presenting the Swedish battery maker's new plant i …

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Nissan aims for EV-ICE cost parity in new business plan

Automotive Industry Automotive News Europe - 2024-03-25

Nissan's new midterm business plan aims to lift the automaker's struggling electrified vehicle strategy and reverse years of sliding global sales. …

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China's Leapmotor will build small EV in Polish Stellantis plant, report says

Automotive Industry Automotive News Europe - 2024-03-22

Stellantis has exclusive rights to build, export and sell Leapmotor products outside China, a first for a legacy Western automaker. …

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