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Tesla plans coordinated launch of all four vehicles in Turkey in 2022

Teslarati

Tesla is reportedly planning for a coordinated and structured launch of its vehicle product line in Turkey this year, according to reports from various Turkish media outlets. After visiting Turkey in 2017, CEO Elon Musk met with President Recep Tayyip Erdo?an. million, or 50,000,000 Turkish Lira.

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Ford to invest £230M to transform UK Halewood transmission operations to build EV power units

Green Car Congress

Halewood will be Ford’s first electric vehicle component in-house assembly site in Europe with production beginning in 2024. Production capacity is planned to be around 250,000 units a year. Halewood currently builds transmissions for a number of Ford passenger and commercial vehicles and exports 100% of its production.

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Mercedes-Benz EV sales up 123% to 56,300 units in Q2

Teslarati

As per a press release from the luxury automaker, the company saw battery electric vehicle (BEV) sales rise 123% to 56,300 units in Q2 2023. The second quarter saw a 6% increase in sales for Mercedes-Benz Cars, reaching 515,700 units. In the first half of 2023, global BEV sales reached 102,600 units, marking a 121% rise.

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It Turns Out That EU Car Buyers Aren’t as Hot on EVs as Ford Had Hoped

The Truth About Cars

Ford recently backed off its goal to convert 100 percent of its sales to electrics on the Old Continent, noting that it would follow buyer demand and produce more hybrids or PHEVs. That’s a significant shift from its stated 2030 deadline to go all-electric, which was more aggressive than the EU’s plan to convert all sales by 2035.

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Ford EV production push receives another shove

Teslarati

Ford has announced yet another investment in EV production, which will be critical if the automaker hopes to achieve its ambitious production targets. Undeterred, Ford announced that it remains on track to deliver on its EV production goals , including an annual run rate of 600,000 EVs this year and a run rate of 2 million by 2026.

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Renault considering Nissan stake sale that could fund EV transition

Teslarati

Nissan shares dropped over 6 percent around the news. Renault said it is considering at least a partial sale of its stake in Nissan as it plans to separate its EV and combustion engine businesses, much like Ford did earlier this year. Russia, Italy, Germany, and Turkey followed. Bloomberg initially reported the story on Friday.

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1.136 billion in turnover, 6.7 per cent more customers and 247 new products at the Hannover Messe | Autocar Professional

Baua Electric

In 2024, the company will invest in 247 new motion plastics products and digital services. More favourable and better solutions for lubrication-free movements, low-cost automation and CO2-reducing products are the focal points. igus now supplies a wide range of products for this purpose, all tested in specially built dry labs.