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Europe sales jump 17% in July on growing EV demand

Automotive Industry Automotive News Europe - 2023-08-30

New-car sales in Europe rose in July as growing demand for electric vehicles and improved parts availability helped fuel a 12th consecutive month of growth. …

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What happened to shut down Toyota's production in Japan?

Automotive Industry Reuters - 2023-08-30

Toyota Motor was ramping back production at its Japan-based factories on 30 August after a computer system processing orders for vehicle parts broke down on 29 August, forcing the closure of 14 assembly plants. …

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BYD's growth slows as China's price war takes a toll

Automotive Industry Automotive News Europe - 2023-08-29

BYD reported its weakest revenue growth in more than a year in a potential sign of the damage discounting has done in China, the world’s biggest auto market. …

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Xpeng to acquire Didi's smart EV unit in deal worth up to $744 m

Automotive Industry Automotive News Europe - 2023-08-28

Chinese EV maker Xpeng said it would buy Didi's electric car development business in a deal worth up to $744 m that will see it supply vehicles to the ride-hailing giant, boosting production and cuttin …

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EVs pass a crucial tipping point in 23 countries

Automotive Industry Automotive News Europe - 2023-08-28

Convincing everyone to adopt a new technology can be difficult at first. The humble microwave oven, for example, took two decades of lukewarm sales to reach just a tenth of U.S. households. …

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Vinfast rallies on after becoming world's third-most valuable automaker

Automotive Industry Reuters - 2023-08-28

Shares of Vietnamese electric-vehicle maker Vinfast surged 21% on 28 August, extending a rally from last week that more than quadrupled its market value to $160 bn. …

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BMW Group to build logistics centre for high-voltage batteries in north of Leipzig

Automotive Industry Automotive World - 2023-08-25

The BMW Group continues to invest in e-component production at Plant Leipzig and in the future of the site. …

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HiPhi joins wave of Chinese brands at Munich auto show

Automotive Industry Automotive News Europe - 2023-08-25

The premium EV maker will show the Z GT sedan at the show, and will have three models at its new retail site in the Munich airport. …

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UK plans to publish battery strategy in coming months

Automotive Industry Automotive News Europe - 2023-08-25

Britain is working on a battery strategy that calls for views from companies, investors and battery designers, as it seeks to attract more investment into an industry that is key to its net zero goals. …

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Sándor Gacsó appointed head of European logistics at Great Wall Motor

Automotive Industry Automotive Logistics - 2023-08-25

Chinese carmaker Great Wall Motor (GWM) has appointed Sándor Gacsó as its logistics manager for Europe. …

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