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European Auto Industry Expresses Concern Over Iron Ore Price Hikes

Green Car Congress

The European automobile industry expressed concern about the “ sudden and massive ” increase in the price of iron ore, a crucial material for producing steel. The automobile industry needs broad access to raw materials at competitive conditions, especially in times of fragile economic circumstances, ACEA said.

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Europe’s biggest EV market is about to hit a perfect storm of problems

Baua Electric

Germany is Europe’s biggest auto market, and it’s been one of the main drivers of EV growth. Germany’s VDA, an interest group for the country’s automobile industry, says that battery-powered vehicles are likely to see a decline from 524,000 units last year – more than any other European market – to 451,000 units this year.

Market 52
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New milestone in 2023: What drove India to record over 41 lakh car sales

Baua Electric

REUTERS) The just concluded year 2023 was a cheerful one for the Indian auto industry, as the car manufacturers in the country breached the four million mark for the first time. the Indian automobile industry has been showing great resilience. This created quite a ruckus in the global auto industry.

India 52
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Study of Sustainable Value in Automobile Manufacturing Finds Mixed Performance for Most OEMs, BMW and Toyota as the Clear Leaders

Green Car Congress

BMW and Toyota are consistent leaders in sustainable value. The BMW Group and Toyota are consistent industry leaders, creating extremely positive Sustainable Value over the entire review period—i.e., Findings of the report include: Toyota and the BMW Group are industry leaders. Click to enlarge.

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Rivian, Kia, and Mercedes see huge jump in new car registrations – a sign of what’s to come?

Baua Electric

S&P Global Mobility released its latest round of US data on new EV registrations for November 2023, and some surprising new trends are popping up – with very modest gains by Tesla and Ford, compared to bigger moves from smaller EV players Rivian and Kia, as well as luxury EVs from Mercedes and BMW. share in November. market share.

Kia 52
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Much Awaited Electric Cars Sales Report – Feb’ 23

Electric Vehicles India

With the advent of battery technology, the automobile industry is shifting towards electric vehicles from the gasoline ones. 73 BMW India 54 123 – 0.0 -56 57 Volvo Auto India 32 28 – 0.0 E-car manufacturer Feb’ 23 Jan’ 23 Feb’ 22 YoY% MoM% TATA Motors 3,776 2,426 2,316 63.04 56 Hyundai Motors 48 111 8 500.0 -57

Sale 89
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EU reaches compromise on 2035 new ICE vehicle ban

Teslarati

Many auto manufacturers have already backed the 2035 new ICE vehicle ban, including VW, Mercedes, Ford, and Volvo. However, some have raised more concerns than others.