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German sales rise 5% in October as EV demand picks up

Automotive Industry Automotive News Europe - 2023-11-06

German registrations rose 5% in October as sales of battery-electric cars rebounded after slipping in September following the end of government incentives for business buyers. …

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Battery Metals Lose Luster as Surge in Supply Outpaces Demand

Automotive Industry Bloomberg - 2023-11-06

In the fast-moving world of battery metals, 2022 already feels like a bygone era. …

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Tesla to build €25,000 car in Germany

Automotive Industry Reuters - 2023-11-06

Tesla (TSLA.O) plans to build a €25,000 ($26,838) car at its factory near Berlin, a source with knowledge of the matter said on Monday 6 November, in a long-awaited development for the electric vehicle maker which is aiming for …

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Stellantis builds another battery factory in the US

Automotive Industry electrive.com - 2023-11-06

The cell factory worth $3.2 bn will be built in Belvidere in the US state of Illinois. Around 1,000 jobs will be created there. …

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BYD could soon build electric cars in Hungary

Automotive Industry electrive.com - 2023-11-06

BYD will build its first European EV factory in Hungary. According to the Frankfurter Allgemeine Sonntagszeitung newspaper, citing unnamed sources close to the company, the decision has already been made internally. …

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Temporary hiring freeze at VW

Automotive Industry electrive.com - 2023-11-03

“Due to the ongoing efficiency programs at Volkswagen AG, external recruitment will be temporarily limited and no external positions will be advertised,” explained a company spokesperson. …

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Nio plans to cut workforce by 10%

Automotive Industry Automotive News Europe - 2023-11-03

China's Nio plans to trim its workforce by 10% this month as it moves to improve efficiency and reduce costs in the face of growing competition, the electric vehicle maker said. …

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VW Group accelerates digital supply chain transformation as part of Cofinity-X partnership

Automotive Industry Automotive Logistics - 2023-11-02

Cofinity-X, the inaugural Catena-X operating company resulting from a joint venture between automotive industry leaders including BASF, BMW Group, Henkel, Mercedes-Benz AG, SAP, Schaeffler, Siemens, T-Systems International, VW Group …

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BYD gains on Tesla for EV sales crown with another record month

Automotive Industry Automotive News Europe - 2023-11-02

BYD achieved another record month selling battery-electric and plug-in hybrid vehicles, putting the automaker closer to surpassing Tesla for the first time on quarterly pure-EV sales. …

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Elli launches pan-European charging solution for electric fleets

Automotive Industry Volkswagen - 2023-11-02

The number of electric vehicles in European fleets is steadily increasing - already one out of seven company fleet cars is fully or partially electric, meaning the proportion of EVs is significantly higher in fleets than in the general p …

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