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

Baua Electric

Bosch, the world’s largest automotive supplier for Ford, GM, Toyota, VW, and BMW, among others, said last week that as many as 1,200 employers in its software and electronics division would be fired by the end of 2026, and that 80% of those cuts would take place at the Stuttgart-based headquarters in Germany. Get started here.

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Mitsubishi Rayon acquires majority of carbon fiber reinforced plastics company Wethje; targeting auto industry

Green Car Congress

(MRC) recently executed a share sales and purchase agreement by which it will acquire 51% of Wethje Holding GmbH , a German company engaged in manufacturing of carbon fiber reinforced plastics (CFRP) parts for automobile applications, from Wethje parent Cross Industries AG.

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Say it ain’t so: BMW, Volkswagen, and Renault take aim at Europe’s ICE ban

Baua Electric

The heads of BMW, Volkswagen, and Renault have spoken out against European Union’s emission targets in recent days, arguing that the phase-out rules put too much pressure on the industry and that consumers aren’t buying EVs fast enough. FTC: We use income earning auto affiliate links. We are not contesting 2035,” said de Meo.

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European battery maker ACC partners with Circulor to map supply chain, carbon emissions – ET Auto

Baua Electric

The partnership comes as the European auto industry readies for a “battery passport” that will trace the content and carbon footprint of EV cells sold in Europe. Circulor is also part of the battery passport project.

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European auto industry proposes further 20% cut in passenger car CO2 by 2030 from 2021; conditional on EV uptake and infrastructure; no ZEV mandate

Green Car Congress

Our industry is committed to being part of the solution when it comes to decarbonizing road transport, while at the same time reducing pollutant emissions. The latest generation of diesel vehicles is a very effective lever to achieve climate goals in the near future, because they emit 15-20% less CO 2 than equivalent petrol vehicles.

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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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European Investment Bank Approves €3B in Loans for European Auto Industry

Green Car Congress

This facility, part of the EIB’s wider response under the European Economic Recovery Package, targets cuts in vehicles’ CO 2 emissions through research, development and innovation, as well as the production of cleaner and more fuel-efficient cars, trucks and other transport vehicles. Most of this funding—estimated at €4.6 billion (US$5.9