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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. If you’re an electric vehicle owner, charge up your car at home with rooftop solar panels.

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Global EV sales are ‘robust’ – more than 1 in 5 cars sold in 2024 will be electric

Baua Electric

More than 1 in 5 cars sold globally this year is expected to be electric, with surging demand projected over the next decade, says a new International Energy Agency (IEA) report. In 2024, electric car sales in China are projected to jump to about 10 million, accounting for about 45% of all car sales in the country.

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Volvo Cars Tech Fund invests in electric car charging company FreeWire

Green Car Congress

Volvo Cars has acquired a stake in mobile EV rapid charging company FreeWire Technologies ( earlier post ) via the Volvo Cars Tech Fund. FreeWire is a San Francisco-based company that has been a pioneer in flexible fast-charging technology for electric cars. —Zaki Fasihuddin, CEO of the Volvo Cars Tech Fund.

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Hyundai's Auto Expo Presentation: Our Thoughts

Plug In India

The PluginIndia team, got a chance to visit the Hyundai India electric car stall at the Auto Expo 2023. We visited the Hyundai stall at the Auto Expo 23 and there was a huge crowd at the Hyundai stall. I think the auto expo organizers gave passes to hundreds of YouTubers and Media houses. Here are our thoughts on it.

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Study: tightening vehicle emissions standards resulted in higher rates of automaker non-compliance; unintended effects of threshold-based regulations

Green Car Congress

A new study focused on the auto industry finds that tightening emissions standards not only fails to curtail on-road emissions, but actually increases the likelihood of non-compliance by automakers. This phenomenon isn’t limited to the auto industry. Price and safety are at the top of a car buyer’s consideration list.

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How and When the Chip Shortage Will End, in 4 Charts

Cars That Think

As Spectrum reported in the months since this story originally posted, the broken supply chains caused by the chip shortage have practically rewired whole segments of the tech industry. industrial concerns from falling victim to similar semiconductor supply chain snafus in the future. In March of 2023, the U.S.

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Automakers say they won’t try to push back EU’s 2035 ICE ban

Baua Electric

President of the ACEA and CEO of Renault, Luca de Meo told the press this week at the Geneva Motor Show that the auto industry wants no part in arguing “against the regulation,” reports Automotive New Europe. “We Photo: Courtesy of Renault If you’re an electric vehicle owner, charge up your car at home with rooftop solar panels.

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