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Here's why saltwater flooding can lead to EV battery fires

Automotive Industry Automotive News Europe - 2024-10-09

Florida has seen at least 16 lithium ion battery fires in the wake of Hurricane Helene, six associated with electric vehicles. …

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Number of registered cars in Germany reaches new record level but EV registrations slow down

Automotive Industry Clean Energy Wire - 2024-10-08

The number of cars on German roads has reached a record high of 49.1 m at the start of 2024, according to a new report from the government’s statistical office Destatis. …

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GM seeks to ease investor concerns as EV growth slows

Automotive Industry Reuters - 2024-10-08

General Motors will seek to soothe shareholders' worries on Tuesday that lagging demand for electric vehicles and perceived peak demand for gasoline-powered trucks will create a rough road ahead for the automaker. …

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China investigates EU cars, slaps levy on brandy as ties worsen

Automotive Industry Automotive News Europe - 2024-10-08

China is studying raising tariffs on large-engine vehicles and will start collecting duties on brandy from Europe, escalating a trade spat after the European Union decided to impose tariffs on Chinese electric vehicles. …

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Chinese electric carmaker BYD sees EV Mexico sales ramping up to 100,000 in 2025

Automotive Industry Reuters - 2024-10-08

Chinese electric automaker BYD expects to sell 50,000 electric vehicles (EVs) in Mexico in 2024, and then 100,000 in 2025, the company's Mexican head Jorge Vallejo said on Tuesday, 8 October 2024. …

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Stellantis dealers oppose EU 2025 emission targets

Automotive Industry Reuters - 2024-10-07

European dealers for Stellantis said they supported a proposal, launched by European auto lobby ACEA, to delay intermediate carbon emission reduction goals the European Union set for next year as market conditions do not support them. …

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VW CEO Blume says China's EV makers should be allowed to avert higher tariffs by investing in EU

Automotive Industry Automotive News Europe - 2024-10-06

Volkswagen Group CEO Oliver Blume said the European Union should consider adjusting its hefty tariffs against China-made electric vehicles to make allowances for investments made in Europe. …

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BMW CEO Zipse: EU vote in favor of high China EV tariffs is a 'fatal signal'

Automotive Industry Automotive News Europe - 2024-10-04

BMW CEO Oliver Zipse said the European Union’s vote on 4 October to impose tariffs as high as 45 percent on electric vehicles from China is "a fatal signal for the European automotive industry" and called for a quick, negotiated …

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Stellantis, Renault CEOs dismiss reports of merger

Automotive Industry Autmotive News Europe - 2024-10-04

Stellantis CEO Carlos Tavares said reports of a potential tie-up were 'speculation,' while Renault CEO Luca de Meo called them 'rumors.' The French government holds a share in each company. …

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Hyundai Glovis and BYD sign MoU for vehicle logistics collaboration

Automotive Industry Automotive Purchasing and Supply Chain - 2024-10-04

Hyundai Glovis announced that it signed a MoU with BYD, China’s largest electric vehicle manufacturer, to establish a strategic collaboration for logistics and finished vehicle maritime transportation. …

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