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Lucid secures funding until the end of 2025

Automotive Industry Electrive - 2024-08-06

Lucid Motors has received $1.5 billion from Saudi Arabia's Public Investment Fund (PIF). That means the carmaker now has sufficient funds until the fourth quarter of 2025. …

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Aehra reveals the names of its first two models

Automotive Industry Electrive - 2024-08-06

Aehra, Italy's first pure electric car brand, has announced the names of its first two vehicles. The SUV will be called Impeto and the saloon Estasi. …

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German automaker mood darkens on slowing EV shift, China slump

Automotive Industry Automotive News Europe - 2024-08-05

Germany's automakers are growing gloomier about their prospects after a disappointing earnings season marked by waning electric vehicle sales and weakness in China for companies including Volkswagen Group and Mercedes-Benz. …

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CLEVER Project Paves The Way For Standardizing Transport Emission Factors

Land transportation Smart freight Centre - 2024-08-05

The highly anticipated CLEVER project, aimed at establishing credible emission factors as input to the calculation of greenhouse gas emissions in the transport sector, officially kicked off on the 1st of June 2024. …

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Electric car sales fall 37% in Germany as slump deepens

Automotive Industry Automotive News Europe - 2024-08-05

Germany's electric vehicle sales slumped in July, extending a broad pullback since incentives ended late last year and undermining automakers' plans to shift to selling EVs. …

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Tesla wants to expand Grünheide – under certain conditions

Automotive Industry Electrive - 2024-08-05

According to an agency report, Tesla is committed to expanding its factory in Grünheide. However, the timing of the billion-euro investment is still unclear, as Tesla is still waiting for sales to increase. …

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US to propose barring Chinese software in autonomous vehicles

Automotive Industry Euractiv - 2024-08-05

The US Commerce Department is expected to propose barring Chinese software in autonomous and connected vehicles in the coming weeks, according to sources briefed on the matter. …

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EU traffic police on speed watch

Land transportation Politico - 2024-08-05

The summer holidays are officially in full gear but drivers should refrain from pushing the pedal to the metal this week as traffic police across the EU enforce extra speed checks. …

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Why China’s interest in producing cars in Europe underscores need for investment rules

Automotive Industry Euractiv - 2024-08-05

This opinion piece does not necessarily reflect the views of ECG. Tobias Gehrke is a senior policy fellow at the European Council on Foreign Relations (ECFR). …

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Jaguar Land Rover output hit by aluminium shortage

Automotive Industry Automotive News Europe - 2024-08-02

Jaguar Land Rover's biggest headwind is an upcoming shortage of aluminium after production at a plant owned by key supplier Novelis was hit by flooding, its finance chief, Richard Molyneux, told investors. …

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Road Safety Concerns: 43% of Truck Drivers breach EU Regulations on Work and Rest Times

Land transportation Truckmobility.info - 2024-08-02

A recent Europe-wide safety operation has revealed concerning figures about the adherence to EU regulations governing work and rest times among truck drivers. …

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Intel's grim forecast could concern automakers in wake of microchip crisis

Automotive Industry Automotive News Europe - 2024-08-02

Intel gave a grim growth forecast and laid out plans to slash 15,000 jobs, signaling that the chipmaker is ill-equipped to compete in the artificial intelligence era. …

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Big truckmakers bet on hydrogen to extend combustion engine life

Land transportation Reuters - 2024-08-01

Some of the world's biggest truckmakers, including Volvo and MAN, are reworking combustion engines to run on low-emission hydrogen instead of polluting diesel, a quicker low-cost fix to their energy transition challenge that may give the …

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ÖBB Rail Cargo Group offers new TransFER Krusevac–Budapest–Duisburg

Members Corner Rail Cargo Group - 2024-08-01

The ÖBB Rail Cargo Group (RCG) is expanding its TransNET to include a multimodal connection to and from Serbia. …

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New hydrogen demand report unveils once in a generation opportunity

Automotive Industry International Chamber of Shipping - 2024-08-01

The International Chamber of Shipping (ICS) launches new report identifying that he …

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Volkswagen doubles down on cost cuts to try to revive margins

Automotive Industry Reuters - 2024-08-01

Volkswagen will need to make "significant cost-cutting efforts" in the second half of the year and beyond if it is to revive profit margins, the automaker said on Thursday, after reporting first-half margins it described as "too low". …

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China solidifies position as world’s largest vehicle exporter in first half

Automotive Industry Automotve News Europe - 2024-08-01

China was further ahead of Japan in vehicle exports for the first half of 2024 after overtaking its Asian neighbor as the world’s top vehicle exporter in 2023, according to numbers disclosed by industry groups in the two countries. …

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Stellantis said to face launch delays for key new EV in Europe

Automotive Industry Autmotive News Europe/Bloomberg - 2024-07-31

Stellantis is facing delays on a key new EV model for Europe because of software bugs, a dampener to efforts to rejuvenate a stale lineup and reverse a slump in profit. …

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Catalonian authorities receive delivery of remote tachograph checking equipment

Land transportation Trans.info - 2024-07-31

The Government of Catalonia has acquired 8 devices thanks to which the regional police, Mossos d’Esquadra, will be able to detect excessive driving times by professional drivers without having to stop the vehicle for control. …

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Leapmotor International Ships the First Batch of Leapmotor Electric Vehicles from China to Europe in July

Automotive Industry Stellantis - 2024-07-30

Leapmotor International, a 51/49 Stellantis-led company between Stellantis and Leapmotor, has shipped the first batch of Leapmotor electric vehicles - C10 SUVs and T03 cars - from Shanghai, China, to European ports this month, marking a …

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