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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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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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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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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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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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Outlook 2024

News from ECG ECG - 2024-01-10

Outlook 2024   …

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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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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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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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