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Renault could build EVs in South Korea

Automotive Industry electrive.com - 2023-06-22

Renault could be the first foreign carmaker to invest in an EV facility in South Korea. According to local media, the company is looking to expand its production facility in Busan and make up to 200,000 electric cars there per year. …

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Toyota Motor Europe announces executive changes as it establishes a Circular Economy function, effective July 1st , 2023

Automotive Industry Toyota Motor Europe - 2023-06-22

Toyota Motor Europe (TME) announces executive-level appointments on 22 June 2023 at its European Headquarters and changes to the company structure with the appointment of one of its vice presidents to head up a new function focusing on C …

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Analysis: Auto firms race to secure non-Chinese graphite for EVs as shortages loom

Automotive Industry Reuters - 2023-06-21

Automakers, including Tesla and Mercedes, are rushing to lock in graphite supply from outside dominant producer China, as demand for electric vehicle (EV) batteries outpaces other uses for the mineral for the first time due to soaring EV …

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New car registrations: +18.5% in May, battery electric 13.8% market share

Automotive Industry ACEA - 2023-06-21

All the EU’s four largest markets grew, with the strongest gains in Italy (+23.1%), Germany (+19.2%), and France (+14.8%). …

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China unveils $72 billion tax break for EVs, other green cars to spur demand

Automotive Industry Reuters - 2023-06-21

China unveiled on Wednesday a 520bn yuan ($72.3bn) package of tax breaks over four years for electric vehicles (EVs) and other green cars, its biggest yet for the industry as it seeks to boost slower auto sales growth. …

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Eastern Germany strong regarding country's electric vehicle production

Automotive Industry Clean Energy Wire - 2023-06-20

Around half of all e-cars made in Germany are being produced in the eastern states, despite the region only representing 10% of the national automotive workforce – making electric mobility an important part of the states’ economies,&nbsp …

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Inaction on EU-UK electric vehicle trade could cost €4.3bn and hit production, EU auto makers warn

Automotive Industry ACEA - 2023-06-20

 The European Automobile Manufacturers’ Association (ACEA) is calling for a three-year postponement to restrictive rules on EU-UK electric vehicle trade, set to come into force in just six months. …

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Shift to e-cars may herald “strong disruption” in Chinese-German trade relations – economists

Automotive Industry Clean Energy Wire - 2023-06-20

An accelerating trend towards electric mobility puts German carmakers’ success in China at risk, as trade flows in the automotive sector show unprecedented fluctuations in the first months of 2023, economic research institute IW&nbs …

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Why Berlin will slam the brakes on France’s car war with China

Automotive Industry POLITICO - 2023-06-19

When it comes to fighting off China’s electric vehicle invasion, Europe’s carmaking superpowers are split straight along the Rhine. …

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JLR uses AI to strengthen supply chain

Automotive Industry Automotive Logistics - 2023-06-19

JLR has partnered with predictive insights firm Everstream Analytics to embed artificial intelligence (AI) into its supply chain. …

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