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

Baua Electric

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. For comparison, the US produced 1.1 million BEVs in 2023 to Germany’s 1.2

Market 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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German OEMs to upgrade emissions control on 5.3M Euro 5 and 6 diesels, contribute to €500M Sustainable Mobility fund

Green Car Congress

Left to right: Rupert Stadler (Audi), Dr. Herbert Diess (Volkswagen), Matthias Müller (Volkswagen), Dr. Dieter Zetsche (Daimler), Harald Krüger (BMW), Matthias Wissman (President of VDA). The industry is now required to bring a convincing range of alternative drives and mobility solutions to market maturity on this basis. …

Diesel 150
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Japanese carmakers still ‘most sustainable’

Green Cars News

Professor Figge from Queen’s University Management School said: “Economic crisis, energy crisis, climate crisis and recent global developments have affected the automobile industry like few other sectors. There is a mixed picture among European manufacturers. GM achieved a sustainable value of minus €9.87 billion from 1999 to 2007.

Sodium 36
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The EV Transition Explained: Reshaping Labor Markets

Cars That Think

President Biden says his EV policies will result in “one million new jobs in the American automobile industry. BMW, for example, claims it will not cut jobs in the transition to EVs, but it is likely that it will still reduce its workforce by both reskilling and attrition like other German automakers are contemplating.

Market 97