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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. According to VDA estimates, the global market should see a 2% growth to 77.4 pre-pandemic.

Market 52
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China realizes charging piles, complete vehicles and accessories to go overseas

Setec Powerr

Judging from the customs data for the first eight months of this year, the contribution rate of my country’s new energy vehicle exports to the growth of automobile exports reached 26.7%, becoming a new bright spot in the foreign trade of the automobile industry. Demand for charging piles soars. billion, an increase of 10.5%

China 52
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VW Chief Executive Says Company Will Introduce EVs Based on the Up! New Small Family in 2013; Cautions Against Electro-Hype

Green Car Congress

Within a decade, he added, Volkswagen wants to offer significant numbers of pure electric cars at affordable prices and with the range expected by customers. Winterkorn noted that the industry is experiencing its worst crisis in decades, with a collapse in the global market of 18% in the first half of this year.

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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. By some estimates, upwards to 80,000 auto workers and a similar number in the auto supply chain have already been laid off globally to support the EV transition. One million.”. Neither does the U.S.

Market 94
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China puts its electric vehicles on center stage - China automotive news

Tony Karrer Delicious EVdriven

As a subscriber, you can receive our free weekly China Auto News, which keeps you informed the latest developments of Chinas automobile industry. Alternative-fuel cars were some of the hottest items on display at the Shanghai auto show from homegrown companies like Geely Automobile Holdings Ltd., Gasgoo.com | ?? |

China 28
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2025-2035: Rewriting The Automotive History

Get Electric Vehicle

A recent report from the Environmental Defense Fund indicates that electric vehicle sales volumes are growing at a rapid pace, signalling an epochal shift in the auto industry over the next decade. Also, Global EV sales quadrupled in 2019, while sales in the United States established new highs. But why now and not a decade back?

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‘Agri output and rural market dynamics to be key in 2024’: Manish Raj Singhania | Autocar Professional

Baua Electric

We have achieved our estimates, and the CV segment has benefited from government’s focus on infrastructure development, and the overall economic revival of the country, which have together given a strong fillip to CV sales in CY23, despite the establishment of higher price points for these products.

Market 52