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China produces a record 30m cars in 2023 as exports soar

Automotive Industry Automotive News Europe - 2024-01-12

China’s auto production and exports climbed to record highs in 2023 as its domestic market recovered and manufacturers filled the void left by Western companies that pulled out of Russia. …

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Tesla is helping German auto industry to return to growth

Automotive Industry Automotive News Europe - 2024-01-11

Tesla is expected to help German car production grow by 2.5% per year, outpacing annual gross domestic product (GDP) of 1.4%, as the German car industry slowly returns to growth amid cautious optimism, according to consultant and ma …

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Tesla's Berlin plant to suspend most output over Red Sea supply gap

Automotive Industry Automotive News Europe - 2024-01-11

Tesla will suspend most car production at its factory near Berlin from 29 January to 11 February, the company said, citing a lack of components due to shifts in transport routes because of attacks on vessels in the Red Sea. …

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European Commission greenlights Volvo-Renault joint venture for electric commercial vehicles

Automotive Industry trans.info - 2024-01-11

The joint venture will focus on creating a new line of light commercial vehicles that embrace electric propulsion. …

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Tesla Cybertruck could face regulatory hurdles in Europe

Automotive Industry Automotive News Europe - 2024-01-11

Tesla’s Cybertruck, the EV maker’s most anticipated model in years, would face challenges to be homologated in Europe, experts said. …

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VW still has flexibility on EV push, CFO Antlitz says

Automotive Industry Automotive News Europe - 2024-01-11

Volkswagen Group’s finance chief said the automaker remains flexible on how it spends money earmarked for electric and combustion-engine cars as EV uptake slows in some markets. …

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BMW retools Munich factory for all-electric production

Automotive Industry Automotive News Europe - 2024-01-10

BMW is investing €650 m ($711 m) to convert its main plant in Munich to exclusively produce EVs from the end of 2027, a major stepping stone in the transition to the electric age. …

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Average used car values continue to move as 2023 market realignment continues

Members Corner BCA - 2024-01-10

Average used car values at BCA continued to move as 2023 drew to a close, ending at £6,918 in December, down by £315 (4.4%) on November’s figure of £7,223.  The continued pressure on used car values was additionally reflected in a f …

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Hungary to spend $2bn on infrastructure where BMW, CATL are building EV batteries

Automotive Industry Automotive News Europe - 2024-01-10

Hungary will undertake a 700-bn-forint ($2 bn) infrastructure development project in Debrecen that will help transform the country’s second-largest city into one of Europe’s biggest battery production hubs. …

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Geopolitical tensions and slowdown in economic growth are reflected in the Port of Antwerp-Bruges annual figures

Members Corner Port of Antwerp-Bruges - 2024-01-10

2023 was again a year full of challenges for Port of Antwerp-Bruges. The geopolitical tensions and slowdown in global economic grow …

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Red Sea situation: vessels re-routing amid safety concerns

Members Corner Wallenius Wilhelmsen - 2024-01-09

The safety of our people is our number one priority. …

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Maritime decarbonization efforts propelled as orders for alternative-fueled vessels grow

Maritime and Ports DNV - 2024-01-09

Faced with increasing pressure to reduce greenhouse gas emissions, including stricter targets set by the International Maritime Organization (IMO) in July 2023, the maritime sector is considering a range of decarbonization options. …

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Stellantis, BlackBerry, Amazon collaborate on 'virtual cockpit' development tool

Automotive Industry Automotive News Europe - 2024-01-09

Stellantis and BlackBerry are collaborating on a “virtual cockpit” that the automaker says will allow much faster delivery of infotainment technology and cut development costs. …

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France tightens penalty tax for polluting and heavy new vehicles

Land transportation ELECTRIVE - 2024-01-09

Since the turn of the year, state subsidies for electric cars dependent on Carbon Dioxide emissions during the production of vehicles and batteries. …

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Valenciaport starts construction of its third solar power plant

Members Corner Valenciaport - 2024-01-09

The Port Authority of València (PAV) and Valencia Terminal Europa (VTE) – a company belonging to Grimaldi Group – have signed this morning an agreement that regulates the installation, operation and main …

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Escalation in Taiwan could cause further semiconductor crisis in 2024

Automotive Industry Automotive Logistics - 2024-01-09

The escalation of tensions in Taiwan could cause a further semiconductor shortage in the year ahead, presenting a risk to automotive logistics. …

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EU approves major German subsidy for Northvolt battery factory

Automotive Industry ELECTRIVE - 2024-01-08

According to the Commission, the subsidy now approved under state aid law totals €902 m, which will paid in the form of a €700 m direct grant and a €202 m guarantee. “Without the aid, Northvolt would establish the plant in the United …

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Europe's Detroit is under threat from EVs

Automotive Industry Automotive News Europe - 2024-01-08

With its 19th-century architecture and communist-era concrete, Dolny Kubin is typical of central Europe and its past. The town in northern Slovakia is also emblematic of something more ominous for the future. …

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Geely's Zeekr aims to double its EV deliveries in 2024

Automotive Industry Reuters - 2024-01-08

Zeekr is aiming to deliver 230,000 cars in 2024, double its deliveries in 2023, a company spokesperson said on Monday 8 January, as the electric car brand of China's Geely  ramps up sales of new models and expand into overseas …

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Battery production: Germany first EU country to match US subsidies

News from Brussels EURACTIV - 2024-01-08

Germany will provide €902 m to Swedish battery maker Northvolt, as the first country to make use of the European Commission’s new subsidy “matching” scheme that allows EU countries to counter foreign subsidies with their own offers. …

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