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Renault plans new Twingo EV as low-cost answer to Chinese rivals

Automotive Industry Automotive News Europe - 2023-11-15

Renault's response to low-cost EVs from European rivals and new entrants from China will be the next-generation Twingo, a full-electric city car built in Europe with a price of less than € …

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Rivian officially gets green light for its EV factory in Georgia

Automotive Industry electrive.com - 2023-11-14

It is Rivian’s second plant in the US and will be able to produce 200,000 electric vehicles per year in an initial expansion phase, which should be completed next year. …

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EV sales slow down in Europe as buyers wait for better, cheaper models

Automotive Industry Automotive News Europe - 2023-11-14

After years of accelerating growth, Europe's electric car sales appear to be entering a go-slow zone as drivers wait for better, cheaper models that are two to three years down the road. …

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Stellantis sweetens buyout offer to employees in Italy

Automotive Industry Automotive News Europe - 2023-11-14

Stellantis is beefing up its severance offer to white-collar workers in Italy as it seeks to cut 2,100 jobs in the country by the end of this year. …

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Bosch's 'innovative' mild hybrid system for Mercedes proves costly for supplier

Automotive Industry Automotive News Europe - 2023-11-14

Robert Bosch is expecting a big profit hit because of manufacturing problems with its latest 48-volt mild hybrid system used in the new Mercedes E Class and GLC. …

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Fisker cuts 2023 production forecast as it struggles to ramp up deliveries

Automotive Industry Reuters - 2023-11-14

Electric-vehicle startup Fisker (FSR.N) slashed its 2023 production guidance on Monday as it struggles to ramp up deliveries and flagged weakness in internal control …

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Automakers' drive to avoid China's EV rare earth dominance gathers speed

Automotive Industry Reuters - 2023-11-14

The auto industry's drive to make electric vehicle motors with little to no rare earth content has hit high gear, with European, US and Japanese automakers and suppliers racing for alternatives in an area dominated by China. …

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Renault to unveil 'affordable' electric city car, report says

Automotive Industry Automotive News Europe - 2023-11-13

Renault will reveal the launch of an additional "affordable" city electric car during this week's capital markets day for its new EV unit Ampere, three sources familiar with the matter told Reuters. …

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VW cost-cutting may include administrative jobs, report says

Automotive Industry Automotive News Europe - 2023-11-13

VW could cut administrative personnel jobs as part of savings and cost-cutting measures amounting to €10 bn ($10.8 bn) by 2026, the Handelsblatt daily reported, …

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EG Group orders fast chargers from Tesla

Automotive Industry electrive.com - 2023-11-13

The Tesla fast chargers will be accessible to all electric cars and support Plug&Charge. These will not be Tesla Supercharger locations, which will be owned and operated by Tesla. …

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