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Germany’s auto industry – outrun by Tesla – to axe thousands more jobs

Baua Electric

Major car suppliers in Germany say they are struggling with the high upfront costs of shifting to EVs and “slow demand,” with companies looking to lay off thousands of workers, as much as 20% of total staff in some cases, in the coming years. FTC: We use income earning auto affiliate links. Get started here.

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Enter BMW — with Carbon Fiber

Revenge of the Electric Car

2009 BMW Concept ActiveE. BMW MegaCity Urban Electric Car To Be Built of Carbon Fiber. BMW has not commented on the carbon footprint of transporting the materials across three continents and through five plants. BMW MegaCity Urban Electric Car To Be Built of Carbon Fiber. New type of BMW. April 7th, 2010.

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Ford CEO Jim Farley responds to recent F-150 Lightning price hikes

Teslarati

The vehicle’s price hike, raising as much as $8,500 for some trim levels, is apparently in reaction to the rising costs of battery materials. Ford is already working to combat these rising material costs. Ford is not alone in being forced to raise prices and innovate to combat rising battery costs.

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June 2023 – Tesla Model Y was the best selling car in Sweden

Push EVs

The BMW i4 saw its highest volume yet (458 units), and climbed to 7th. Whilst BEVs still offer long term total cost of ownership advantages over ICE equivalents, there’s still a high price of entry to buying any new auto, and the overall market’s volumes are forecast to suffer as a result. Second place went to the Volkswagen ID.4,

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Multi-nation survey reports consumers want electric cars. Now.

Plugs and Cars

There is an existing market for electric vehicles, especially among those who can afford the extra cost of limited-production new technology vehicles. Consumers would be buying now if there were products,” says Gregor Matthies, a Munich-based partner at Bain who specializes in the auto industry. Tags: BMW bain and Co.

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EVs dominated the UK car market in December

Push EVs

4) took December’s second place in BEV market share, and BMW (led by the i4) took 3rd. BMW and Volkswagen brands took second and third spots. Since we reached the end of another year, the UK auto industry association, the SMMT , provided a top 10 chart of the bestselling BEV models for the year.

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Tesla Model Y strengthens its position in Sweden

Push EVs

Outlook Sweden’s auto industry organization, Mobility Sweden , has recently downgraded its overall auto sales forecast for 2023, from 290,000 down to 265,000 units. In markets already well down the path of the EV transition, the Model Y has a decent chance to be the overall best selling vehicle.

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