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Germany’s auto industry – outrun by Tesla – to axe thousands more jobs

Baua Electric

High inflation, increased raw materials, and soaring energy costs are all part of the reasons the companies are offering for the cuts, the FT reports. If you’re an electric vehicle owner, charge up your car at home with rooftop solar panels. FTC: We use income earning auto affiliate links. Get started here.

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Fleet of 150 Renault ZOE EVs for smart solar charging project

Green Car Congress

Renault, Europe’s leading electric vehicles manufacturer, and its Dutch economic partners Utrecht City Council, ElaadNL and LomboXnet signed a letter of intent in Paris to develop a Franco-Dutch framework of smart solar charging solutions for electric vehicles.

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Global EV sales are ‘robust’ – more than 1 in 5 cars sold in 2024 will be electric

Baua Electric

More than 1 in 5 cars sold globally this year is expected to be electric, with surging demand projected over the next decade, says a new International Energy Agency (IEA) report. The number of EVs sold globally in Q1 2024 is roughly equivalent to that in all of 2020. In the US, roughly 1 in 9 cars sold are projected to be electric.

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Automakers say they won’t try to push back EU’s 2035 ICE ban

Baua Electric

But the ACEA, Europe’s automakers association, said that it is not pushing back and is all in with the EV future. President of the ACEA and CEO of Renault, Luca de Meo told the press this week at the Geneva Motor Show that the auto industry wants no part in arguing “against the regulation,” reports Automotive New Europe. “We

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GM’s epically bad year still earned it $10 billion – but that’s not due to EV sales

Baua Electric

GM forecasts its total US auto industry sales to hit 16 million in 2024, but it has dropped its goal of making 400,000 EVs through mid-2024. General Motors said earlier this month that is finally ramping up production of its Cadillac all-electric Lyriq SUV this year. FTC: We use income earning auto affiliate links.

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Mitsubishi wants to launch Australia’s cheapest electric car, but there’s a very expensive reason it might not

EV Central

Even as it considers launching Australia’s cheapest battery electric vehicle, Mitsubishi Australia is warning a slow roll-out of renewable energy will impact the uptake of EVs in Australia. But in a recent report industry super funds warned the transition risked falling behind without increased investment. “We 2024 Mitsubishi Triton.

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Say it ain’t so: BMW, Volkswagen, and Renault take aim at Europe’s ICE ban

Baua Electric

As for the automakers, just last month, ACEA, Europe’s automakers association, headed by de Meo, said that it is not pushing back and is all in with the EV future , with de Meo adding that the auto industry wants no part in arguing “against the regulation.” “We FTC: We use income earning auto affiliate links.

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