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France reinvests in EV charging infrastructure to meet EU targets

Automotive Industry EURACTIV - 2023-10-30

France aims to have over 400,000 electric vehicle charging points on its road network by 2030, including 50,000 fast charging points. …

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Onsemi cuts jobs, sees weak 4th quarter on slowing EV demand

Automotive Industry Reuters - 2023-10-30

Chipmaker Onsemi (ON.O) forecast a tepid fourth quarter and cut about 900 jobs, sparking fears that weak electric vehicle (EV) demand has begun to hurt orders for its chips from the auto sector and sending its shares tumbling 1 …

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Car industry in Central Asia on the verge of a production boom

Automotive Industry Automotive Logistics - 2023-10-27

Kazakhstan, the largest economy in the region, is on track to boost vehicle production fivefold to 500,000 units by 2026, according to Marat Karabaev, minister for Kazakh Industry and Infrastructure Development. …

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VW said to plan job cuts, further launch delays at software unit

Automotive Industry Automotive News Europe - 2023-10-27

Volkswagen Group plans to cut 2,000 jobs at its software unit Cariad as part of a restructuring plan that will see new software architectures delayed even further, a German business publication said. …

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A tale of two Toyotas: Battery first but not as the only solution

Automotive Industry Automotive News Europe - 2023-10-27

The Toyota booth -- the largest at the reborn auto show here in Tokyo -- delivers a clear message: We are (finally) going electric. …

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Mercedes says 'brutal' EV market will pressure car sales margins

Automotive Industry Reuters - 2023-10-26

Mercedes-Benz (MBGn.DE) said a "brutal" electric vehicle market of heavy price cuts and supply chain issues meant it would likely hit the lower end of its 12-14% adjusted return on sales forecast for the cars division, …

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JLR to build electric Defender at Slovak plant

Automotive Industry Automotive News Europe - 2023-10-26

Jaguar Land Rover said it will produce an electric version of its Defender at its plant in Slovakia. …

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Mercedes CFO says EV adoption rate lower than expected

Automotive Industry Automotive News Europe - 2023-10-26

Mercedes-Benz is seeing lower than expected consumer adoption rates for electric vehicles, CFO Harald Wilhelm said on Thursday, describing the EV market as a "pretty brutal space." …

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Britain’s carmakers deliver best September since 2020 but action needed to protect EV exports

Automotive Industry SMMT - 2023-10-26

UK car manufacturing rose by 39.8% in September with 88,230 vehicles leaving British factory lines – 25,105 more than the same month last year, according to the latest figures published today by the Society of Motor Manufacturers and Tra …

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British CV production dips in September

Automotive Industry SMMT - 2023-10-26

UK commercial vehicle (CV) production dipped in September, down -5.2% year on year, according to the latest figures published today by the Society of Motor Manufacturers and Traders (SMMT). …

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