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Tesla slashes prices across Europe on Model Y

Baua Electric

BYD only sold 4,140 cars in Germany in 2023, but is looking for 10% market share after its factory in Hungary starts production in a few years. Electrek’s Take Europe has been rolling back on its EV incentives, with Germany ending its EV subsidy program in December after paying out €10 billion since 2016.

Europe 97
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Audi begins construction of first North American plant

Green Car Congress

Starting in mid-2016, the plant will produce the successor generation of the successful Audi Q5 SUV. r (Hungary); Bratislava (Slovakia); Changchun (China); Aurangabad (India); Martorell (Spain); and Jakarta (Indonesia). Audi’s current production sites include the German sites in Ingolstadt and Neckarsulm; Brussels (Belgium); Gy?r

Audi 273
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Telsa joins VW and BYD in cutting prices in Germany

Baua Electric

BYD only sold 4,140 cars in Germany in 2023, but is looking for 10% market share after its factory in Hungary starts production in a few years. Electrek’s Take Germany ended its EV subsidy program a bit earlier than expected in December after paying out €10 billion since 2016, Reuters reports.

BYD 52
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Valeo, Siemens JV for high-voltage electric powertrains starts operation: Valeo Siemens eAutomotive GmbH

Green Car Congress

In April 2016, Valeo and Siemens signed an agreement to form a joint venture in high voltage powertrains for on road vehicles. Named Valeo Siemens eAutomotive GmbH, the JV is headquartered in Erlangen, Germany and is expected to have a total of around 1,000 employees.

Hungary 150
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Audi newly to begin production in Brazil in 2015; $200M investment in Curitiba

Green Car Congress

To achieve that target, the company is making large investments at its large production sites in Germany and Hungary and is significantly expanding its production network outside Europe. The company also plans to produce cars in Mexico as of 2016. As of 2020, Audi plans to deliver two million cars to its customers worldwide each year.

Brazil 199
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Volkswagen Group to add 15 more plants to Industrial Cloud this year

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From 2016 to 2025, Volkswagen intends to boost the productivity of its plants by 30% and the Industrial Cloud will be a key lever for achieving this objective, said Walker. In 2020, the Group will integrate 15 more into the Cloud, said Gerd Walker, Head of Production of the Volkswagen Group. >. Cost savings through standardization.

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Daimler contracts with Valmet to increase production of new A-Class

Green Car Congress

Daimler has signed an agreement with the Finnish Supplier Valmet Automotive for the production of more than 100,000 units of the new A-Class ( earlier post ) for Daimler from 2013 through 2016. The new Mercedes-Benz compacts are produced in a network of the Mercedes-Benz plants in Rastatt, Germany, and Kecskemét, Hungary.