Electrek

JANUARY 23, 2024

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.

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Baua Electric

JANUARY 17, 2024

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. Launched in 2020, ACC has announced EV battery plants in France, Germany and Italy with a 7 billion-euro (USD 7.6 billion) investment.

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Baua Electric

MAY 17, 2024

Making the demonstrator car was “a really obvious thing” to do, the company’s chief executive Lynn Calder told journalists at the unveiling this week. The young, fast-expanding company is part of petrochemicals giant and hydrogen producer Ineos, run by British billionaire and Manchester United stakeholder Jim Ratcliffe.

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Baua Electric

FEBRUARY 1, 2024

In India, the company will introduce co-branded products distributed by Lumax Aftermarket through its extensive network of 350+ channel partners and over 30,000 workshops located across India. LATL is a listed company under the Lumax-DK Jain Group. diagnostic software, tools and equipment. Sanjay Bhagat , Sr.

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Baua Electric

MARCH 26, 2024

Germany is and will remain a strong industrial location, Chancellor Olaf Scholz said on Monday as he formally opened construction at Northvolt’s battery cell factory in Heide, in the northern state of Schleswig-Holstein. Battery cells “Made in Germany” would help to build cars beyond combustion engines, he added.

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Teslarati

DECEMBER 11, 2023

This deal, as per a recent report from The Times of India , has reportedly seen some opposition from Germany. India’s government has maintained that the potential adjustments to its auto sector will not be focused on just one or two players. Don’t hesitate to contact us with news tips.

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Baua Electric

MAY 3, 2024

Vitesco Technologiesy, headquartered in Regensburg, Germany, held its 2024 Annual General Meeting. New Delhi: Financial year 2023 was another successful one at Vitesco Technologies , a leading international provider of modern drive technologies and electrification solutions for sustainable mobility.

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Baua Electric

JANUARY 23, 2024

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. The company employs 165,000 people around the world.

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Teslarati

JULY 7, 2021

Tesla’s market share in the German auto industry grew to 1.6%. The company’s market share also expanded by 1.2 In the first and second quarter of 2021, a total of 13,768 Tesla vehicles were registered, increasing the company’s market share to 1.0%. In June 2020, Tesla sold 841 vehicles. points, from 0.4%

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Baua Electric

JANUARY 12, 2024

LMG Manufacturing GmbH inaugurated its new production hall in Hoym/Seeland, Germany, after just ten months of construction. The new facility, located in East Germany, focuses on producing High Precision Electro Mobility Parts for European customers.

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Baua Electric

MARCH 25, 2024

There is some decline in the trend towards electric vehicles but the underlying development of electrifying automobiles remains in place, Northvolt CEO Peter Carlsson said when presenting the Swedish battery maker’s new plant in Germany on Monday.

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Teslarati

JULY 15, 2022

Tesla is being ordered to reimburse an owner whose vehicle had malfunctions when operating the Autopilot function in Germany. Tesla Autopilot differs from the company’s Full Self-Driving suite in several ways. You can also reach me on Twitter @KlenderJoey , or if you have news tips, you can email us at tips@teslarati.com.

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Baua Electric

JANUARY 16, 2024

The purchases will extend to 2026 and concern Europe and North America, the two companies said in a joint statement. “The deliveries to Sixt will include a variety of classes from city cars to SUVs to vans and trucks, as well as a full range of propulsion types,” the companies said.

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Baua Electric

JANUARY 18, 2024

Automotive supplier Bosch wants to cut 1,200 jobs in its software development division by the end of 2026, a company spokesperson said on Thursday, confirming a report in Handelsblatt daily. The spokesperson said talks with employee representatives had yet to start, referring to the proposed job cuts as planned but not yet finalised.

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Baua Electric

JANUARY 31, 2024

Analysts say the group companies’ problems are likely to have a limited impact on Toyota’s earnings because their sales and profits are a small fraction of Toyota’s overall global earnings. million vehicles, up 7% from the previous year and topping Volkswagen AG of Germany’s global sales of 9.2 million vehicles.

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Teslarati

APRIL 12, 2023

while Germany and two more markets will follow in 2023. ” Beyond Mercedes’ obvious production ramp, which it has extensively detailed to investors, its slate of new offerings is the most significant motivator for its sales success. If you have news tips, email us at tips@teslarati.com !

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Baua Electric

JANUARY 16, 2024

The Swedish company has got orders of over USD 55 billion from a range of carmakers, including BMW, Scania, Volvo Cars and Volkswagen Group. The company has now secured more than USD 13 billion in equity and debt to expand its operations across Sweden, Poland, Germany, the United States and Canada.

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Baua Electric

MAY 15, 2023

Tesla higher reductions for trade shoppers in Germany in an indication of the electric-car maker’s increasingly more competitive pricing ways. Corporate vehicles are an noteceable a part of the German auto marketplace. Together with executive subsidies, rebates can now overall up to 9,750 euros — about 30 p.c of a Style Y.

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Baua Electric

APRIL 25, 2024

But other Chinese automakers, including state-run companies that were later entrants to the EV race, have closed the gap on sub-USD 10,000 EVs at the Beijing auto show that began Thursday. Last year, BYD shocked the automotive industry with the release of its Seagull EV, now priced under USD 10,000, at the Shanghai auto show.

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Baua Electric

MARCH 4, 2024

Frank Huber will join Marelli as Executive Vice President and President Automotive Lighting and Sensing effective March 1, 2024, and will be based in Reutlingen, Germany. After more than eighteen years, Sylvain Dubois will leave the company. graduated from Stuttgart University, Germany, and holds a PhD in Automotive Engineering.

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Baua Electric

FEBRUARY 29, 2024

The plant, which is part of the Electrified Powertrain Technology division, supports the company’s efforts to achieve climate neutrality across all value chains by 2040. Today, the newly remodelled plant has nearly 700 employees and produces power electronic components for electric motors produced by ZF plants in Germany and Serbia.

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Baua Electric

JANUARY 10, 2024

silicon anode startup scale up production for electric vehicle batteries at a factory in Germany, the two companies said on Wednesday. The funding will take the form of loans and the European Union’s lending arm will also take an equity stake in Rochester, New York-based GDI.

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Baua Electric

JANUARY 25, 2024

European share of the global computer chip market “is 8% at best,” the outgoing chief of Europe’s largest tech company said in an interview following ASML earnings on Wednesday. Intel plans a 30-billion-euro facility in Magdeburg, Germany if European subsidies are approved. “It’s not enough at all.

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Baua Electric

APRIL 26, 2024

It’s taken Huawei just four years to become a force in smart car technology , navigating the devastation of trade sanctions on its smartphones business while simultaneously developing a driver assistance system that is the darling of the Beijing auto show.

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Electric Vehicles India

AUGUST 27, 2021

Euler Motors bags 2,500 small electric CVs orders from e-commerce companies . Electric vehicles are becoming more common in fleet manufacturers, e-commerce companies are opting for electric vehicles for their fleet operations for the first and last-mile operations. The deliveries of the autos will be taken place in 6-8 months.

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Baua Electric

FEBRUARY 1, 2024

New Delhi: FlixBus , a global travel-tech leader offering the world’s largest bus network across 42 countries, has arrived in India, the second biggest bus market in the world. The routes will include 59 stops and more than 200 connections in total, a company release said.

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Baua Electric

MARCH 13, 2024

A threat by the Netherlands’ largest company ASML to quit the country if it cannot grow there has laid bare wider corporate concerns that the nation’s business climate is deteriorating. The company pointed to remarks made by CEO Peter Berdowski on an NOS radio program on Thursday.

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Baua Electric

MARCH 5, 2024

The lead location for development is Forvia Hella’s headquarters in Lippstadt (Germany); Forvia Hella’s Berlin-based Global Software House is responsible for the artificial intelligence integrated into the system. “This is where our many years of experience and expertise in this product area really pay off.

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Clean Fleet Report

APRIL 17, 2023

News: 2025 Volkswagen ID7 Midsize Electric Sedan Flagship for the VW EV Juggernaut Volkswagen is making another step in its transition to an all-electric line-up with the introduction of its midsize sedan, the 2025 ID7, this week at the New York International Auto Show. The ID7 continues the company’s numerical progression.

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Baua Electric

JANUARY 18, 2024

Wei said at the conference, after the company reported a fourth quarter net profit that beat market expectations. A first fab in Japan will open next month with volume production in the fourth quarter, while the company was also exploring building a second factory in the country. “We are a key enabler for AI applications.

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Teslarati

APRIL 22, 2024

Vinfast signed a cooperation agreement with Mobivia to improve their customers’ access to aftersales services in France and Germany. Mobivia has 1,200 service centers in France and Germany. VinFast announces new EV facility in India Mobivia is an established repair and maintenance brand.

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Teslarati

APRIL 14, 2021

Tesla is not yet producing electric vehicles at Gigafactory Berlin, but the EV maker’s presence is already being felt in Germany’s auto sector. The sociologist looked into Tesla’s effects on the country’s auto industry on behalf of IG Metall, one of Germany’s most notable unions.

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Baua Electric

MAY 1, 2024

Airbus has publicly unveiled its electric CityAirbus NextGen prototype in conjunction with the opening of its new center in Donauwörth, Germany. Airbus is also workingwith Dublin-based aviation company LCI to develop partnerships and business models in the areas of strategy, commercialization and financing.

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Baua Electric

MAY 1, 2024

One day after posting a significant drop in Q1 profits, Volkswagen Group is looking to trim down its administrative staff in Germany to bolster 2024 returns. The auto conglomerate reported EUR 75.5 Those companies include XPeng , NIO, BYD, and Zeekr, to name a few. FTC: We use income earning auto affiliate links.

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Teslarati

NOVEMBER 15, 2021

German automaker Porsche will unveil five new models at the Los Angeles Auto Show in late November, two of which will be new variants of the all-electric Taycan. The introduction of two additional Taycan trims will introduce new performance options for potential buyers.

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Baua Electric

APRIL 29, 2024

The company plans to build a plant in the US to manufacture lithium iron phosphate (LFP) in late 2026, lithium manganese iron phosphate (LMFP) in 2027, and disordered rock salt (DRX) in 2028. DRX has gained attention because of its high energy density, the company said. It also has approximately 60 patents pending.

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Baua Electric

FEBRUARY 28, 2024

Germany: It’s a scenario that no driver ever wants to see: a ball rolling out into the road. Generative AI to make road traffic safer: The two companies anticipate that a collaboration would take the performance of automated driving functions to the next level.

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