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Wallenius Wilhelmsen signs contract with leading equipment maker

Automotive Industry Automotive Logistics - 2024-07-02

Wallenius Wilhelmsen has announced the signing of a three-year contract worth $195m with a leading industrial equipment manufacturer. …

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Ferrari launches battery replacement program to preserve performance, value of its cars

Automotive Industry Automotive News Europe - 2024-07-02

Ferrari will replace the high-voltage battery packs of the cars covered in their eighth and 16th year of life …

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Precious rare earth metals belong to the state, China declares

Automotive Industry POLITICO - 2024-06-30

Beijing’s hold on the coveted resources has long been seen as a threat to Western clean power and tech supply chains. …

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Renault-backed EV startup plans assembly in Hong Kong

Automotive Industry Automotive News Europe - 2024-06-28

BeyonCa, which is backed by Renault Group and Dongfeng Motor, said it will locate its international headquarters in Hong Kong, developing the territory's first car brand. …

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China hopes for EV tariff deal with EU that suits both sides

Automotive Industry Reuters - 2024-06-27

China hopes negotiations will lead to a "mutually acceptable solution" with the European Union on preliminary tariffs on Chinese electric vehicles (EV) scheduled to take effect on 4 July 2024, its commerce ministry said on Thurs …

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Car manufacturing dips as factories switch to electric models

Automotive Industry SMMT - 2024-06-27

UK car manufacturing output down -11.9% in May 2024 as factories continue to retool for an electric mobility future. Almost 70,000 cars made, with output for the UK rising by 9.7% as exports decline by -17.4%. < …

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German ministers dash to China in bid to escape retaliation over EV duties

Automotive Industry POLITICO - 2024-06-27

Transport Minister Volker Wissing calls duties a “destructive approach” on third visit by a government leader in recent weeks. Don’t worry, we can still be friends.  …

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VW to develop plug-in hybrids, EVs with SAIC

Automotive Industry Automotive News Europe - 2024-06-27

VW Group plans to develop three plug-in hybrids and two full-electric vehicles in China with local partner SAIC. …

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Volvo EX30's U.S. debut delayed by more than a year on China tariffs

Automotive Industry Automotive News Europe - 2024-06-26

Volvo will expand EX30 production to Ghent, Belgium, in 2025 from where it will supply the US. …

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China targets Morocco as launchpad into Europe’s green auto market

Automotive Industry POLITICO - 2024-06-26

As Brussels gets tougher on Chinese imports, Beijing is diversifying its strategies to maintain access to key markets. …

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