Teslarati

JANUARY 6, 2023

This is despite the near-constant supply shortages that have plagued (and continue to plague) the auto industry, notably in Europe. And outside of German sales, the company has witnessed continued strength in the American market, particularly for its newest electric offerings. BMW stock chart by TradingView.

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Porsche Mercedes BMW Market 139

Teslarati

NOVEMBER 29, 2023

Automotive sales in European Union (EU) countries are expected to slow next year, though some are reporting that the slowdown will cause a sharp increase in electric vehicle (EV) market share. In January, the ACEA forecasted a 5-percent increase in 2023, showing the overall auto market slowing throughout this year.

Auto 113

Auto Sale Auto Industry Europe 113

Green Car Congress

NOVEMBER 8, 2012

The anticipated action plan comes at a time when the automotive industry is facing particular pressure due to a strong decline of the EU market and structural overcapacities. It is the first deliverable of the New European Industrial Policy outlined in an earlier communication. A stronger internal market and smart regulation.

Auto Industry 231

Auto Industry 2020 Industrial Industry 231

Green Car Congress

JUNE 29, 2021

The United States is the third-largest electric vehicle (EV) producer behind China and Europe; a new study from the International Council on Clean Transportation (ICCT) finds that the gap has widened. Automakers based in China and Europe have made more substantial commitments to EVs. —Nic Lutsey, Program Director at ICCT.

Global 397

Global Production 2020 South Korea 397

Green Car Congress

SEPTEMBER 13, 2017

At the Frankfurt Motor Show, the European Automobile Manufacturers’ Association (ACEA) outlined the industry’s proposal for a pathway to future CO 2 reductions: a 20% CO 2 reduction for passenger cars by 2030, compared to 2021. The European Commission will reveal its proposal on CO 2 targets for cars post-2021 later this year.

Auto Industry 150

Auto Industry Industrial Industry Land Rover 150

Baua Electric

JANUARY 31, 2024

Germany is Europe’s biggest auto market, and it’s been one of the main drivers of EV growth. 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.

Market 52

Market Germany Mercedes BMW 52

Push EVs

JANUARY 7, 2023

share of the auto market, up fractionally from 24.4% Overall auto volumes for the month were flat year on year, but full year 2022 volumes were down almost 8% on 2021. In the hypothetical case where this rate sustains, BEVs would pass 50% share of the market by early 2027. a year ago. ” (machine translation).

France 83

France Market Plugin Norway 83

Green Car Congress

AUGUST 16, 2014

(MRC) recently executed a share sales and purchase agreement by which it will acquire 51% of Wethje Holding GmbH , a German company engaged in manufacturing of carbon fiber reinforced plastics (CFRP) parts for automobile applications, from Wethje parent Cross Industries AG.

Carbon Fiber 210

Carbon Fiber Auto Industry Mitsubishi Carbon 210

Green Car Congress

JULY 2, 2019

Hyundai Group joined its partner Rimac Automobili in an event hosted by Rimac CEO Mate Rimac and attended by Croatian Prime Minister, ministers, and senior government officials to discuss the potential of the new auto industry in Croatia. Global automotive producers have shifted production towards CEE countries from Western Europe.

Croatia 207

Croatia Hyundai Auto Industry Motor 207

Green Car Congress

FEBRUARY 27, 2018

Diesel market share declined by more than five percentage points to 42.0%. Meanwhile, a substantial fall in registrations of smaller cars also had a significant effect, as falling consumer confidence hit the lower end of the market. million strong new car market still powered, wholly or in part, by gasoline or diesel.

2017 210

2017 Auto Industry Diesel CO2 210

Push EVs

JULY 10, 2023

market share in June, up from 19.8% Overall auto volume was 190,847 units, up some 12% YoY, though still below long term norms, and with almost all the growth coming from plugins. This is the strongest YoY volume growth for plugins since late 2021, and represents over 90% of June’s headline YoY auto market volume growth.

France 59

France Market Plugin Jeep 59

Green Car Congress

APRIL 1, 2010

Such “ excessive and unpredictable ” pricing policy would affect the competitiveness of manufacturing in Europe, including the automotive industry, according to a statement from ACEA, the European auto industry’s trade association.

Auto Industry 186

Auto Industry Industrial Industry Price 186

Green Car Congress

JULY 31, 2011

Specifically, the firm estimates US auto sales will reach just 12.7 AlixPartners also estimates that on-going unemployment and underemployment could cost the auto industry up to 1.5 Another market headwind is the stagnant US housing market. AlixPartners finds that the global vehicle market is on track to be 76.4

Auto Industry 199

Auto Industry Industrial Industry Auto 199

Teslarati

MARCH 26, 2024

auto industry BYD’s full-year 2023 net profit increased by 80.7 “The latest round of price cuts would inevitably result in a margin hit,” said John Zeng, London consulting firm GlobalData’s Head of China Market Forecasting (via Reuters ). Similar concerns have been echoing across Europe.

BYD 110

BYD London Price Auto 110

Teslarati

JUNE 9, 2023

General Motors and Ford hold a significant market share of the United States auto industry. Statista data from the first half of 2022 showed that General Motors had a 16% market share, while Ford held a 13.4% market share in the United States.

America 145

America North America General Motors Tesla 145

Green Car Congress

AUGUST 24, 2023

Castings business unit Rheinmetall AG’s division Materials and Trade consists of two large companies: KS HUAYU AluTech GmbH in Europe and HASCO KSPG Nonferrous Components (Shanghai) Co., KPSNC) in China. Rheinmetall and HASCO each hold a 50% stake in the joint venture.

Engine 150

Engine Auto Industry Germany Climate 150

Green Car Congress

SEPTEMBER 24, 2021

Mercedes-Benz announced in July that it will be ready to go fully electric by the end of the decade wherever market conditions allow. Together with ACC, we will develop and efficiently produce battery cells and modules in Europe – tailor-made to the specific Mercedes-Benz requirements.

Mercedes 221

Mercedes Companies Europe Batteries 221

Green Car Congress

APRIL 5, 2022

During the first quarter, the number of cars sold increased gradually to a total of 148,295 cars as the supply chain constraints affecting Volvo Cars and the auto industry continued to slowly ease. This growth was driven by increasing customer demand in combination with a broadened offer in more markets.

Volvo 186

Volvo Sale Recharge Cars 186

Green Car Congress

MARCH 27, 2020

Further, according to the latest IHS Markit forecasts, the global auto industry will exerience an unprecedented and almost instant stalling of demand in 2020, with global auto sales forecast to plummet more than 12% from 2019 to 78.8 Europe is now in a full-scale coronavirus crisis with demand conditions worsening by the day.

Gasoline 269

Gasoline 2020 Gasoline-Electric 2008 269

Baua Electric

APRIL 22, 2024

Rising EV sales are set to remake the global auto industry and significantly reduce oil consumption for road transport, according to the new edition of the IEA’s annual Global EV Outlook , released today. This shift will have major ramifications for both the auto industry and the energy sector.

Global 52

Global Sale Solar Cars 52

Green Car Congress

FEBRUARY 3, 2015

However, a slowdown is being signaled with just two of the high-potential BRIC markets likely to see increased sales this year. China will lead the sector’s volume growth, with particular strength in SUVs, though IHS expects the market to slow from 2014. —Nigel Griffiths, chief automotive economist, IHS Automotive. North America.

2015 150

2015 Light Market Global 150

Teslarati

SEPTEMBER 15, 2023

During the pandemic, Volkswagen fell behind in the Chinese auto market as companies like BYD, Nio, and Tesla took over, with the competition nearly doubling the market’s EV and hybrid offerings (via Bloomberg ). Foreign Minister Annalena Baerbock highlighted the urgency of the situation at the Münich Car Show last week.

BYD 134

BYD South Carolina Tesla Germany 134

Green Car Congress

JULY 15, 2018

Automobile modular architectures—for example, TNGA of Toyota, and MQB, MLB and MEB of the Volkswagen Group—hav become a major trend in the auto industry. Production based on BMA will be launched in EU, Eastern Europe, Africa, South America, Middle East and Southeast Asia.

Automobile 170

Automobile SUV Global South America 170

Green Car Congress

MAY 27, 2019

The combination would create a brand portfolio that would provide full market coverage with a presence in all key segments from luxury/premium brands, such as Maserati and Alfa Romeo, to the strong access brands of Dacia and Lada, and would include the well-known Fiat, Renault, Jeep and Ram brands as well as commercial vehicles.

North America 286

North America America 2018 Nissan 286

Green Car Congress

AUGUST 5, 2017

In addition, the software update for Euro 5 and some Euro 6 diesel vehicles will be available throughout Europe and not just in Germany. In addition, the Volkswagen Group will be offering the software update to its diesel customers throughout Europe. The auto industry and the Federal government will each contribute €250 million.

Diesel 150

Diesel Germany Europe Porsche 150

Teslarati

JULY 14, 2021

Giga Shanghai also launched the Model Y Standard Range in China, and the local market’s reception has been highly positive so far. Giga Shanghai will most likely be exporting Model Y cars to Europe soon, too. Initially, Giga Berlin was supposed to start producing Model Y vehicles for Europe this July.

Motor 144

Motor Motors Motoring Range 144

Green Car Congress

NOVEMBER 1, 2018

The facilities will be led by teams of industry-leading researchers, designers and engineers located in close proximity to automakers’ manufacturing sites in North America, China and Europe. The first center is scheduled to open in Novi, Michigan with China and Europe to follow.

Fusion 249

Fusion North America Michigan Auto Industry 249

Teslarati

MARCH 23, 2023

Now, according to Reuters , lithium prices have hit all-time lows in China, following similar movements in North America and Europe. China’s lithium market reached just 260,000 yuan ($38,079) per ton today, less than half its price from November last year. But how could this affect Tesla pricing?

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Price Tesla Chinese China 145

Green Car Congress

MARCH 17, 2020

Air pollution is the biggest environmental health risk in Europe, with the problem greatest in cities, according to the EEA. There has been a sharp rise in the proportion of diesel vehicles across Europe since the turn of the millennium, many of which have failed to comply with European air pollution standards.

Pollution 269

Pollution Clean Cleaning Italy 269

Green Car Congress

JUNE 14, 2023

—Heike Denecke-Arnold, COO of thyssenkrupp Steel Steel production at thyssenkrupp Steel Europe is planned to be completely carbon-neutral by 2045 at the latest. This makes the CO 2 -reduced steel produced via this production route particularly interesting for the auto industry, thyssenkrupp said.

Mercedes 150

Mercedes CO2 Hydrogen Auto Industry 150

Baua Electric

JANUARY 3, 2024

Photo by Pixabay on Pexels.com It was a very good year in France for electric cars, for all kinds of reasons – among them, new cheaper cars entering the market supported by generous government subsidies. Gas guzzlers still account for more than a third of the market. Plug-in hybrids present 9% of the sales, according to the report.

France 52

France Sale Chinese Plug-in 52

Baua Electric

MARCH 23, 2024

Automakers are fiercely lobbying governments to water down already-compromised emissions rules, but doing so will only lead to their doom as market entrants that are serious about EVs will continue ramping them anyway. The auto industry is electrifying, and all new cars will be electric in the relatively near future.

Chinese 52

Chinese Auto Auto Industry China 52

Teslarati

JUNE 22, 2022

In March, Ford announced that its EV unit – known as Model e – would take steps to expand its EV presence in Europe as the region is a highly-competitive market for electric vehicles. The Detroit-based automaker aims to roll out seven new EVs in Europe by 2024 with an annual production capacity of 600,000 vehicles by 2026.

Spain 98

Spain Ford Production Europe 98

Baua Electric

MAY 10, 2024

This large tariff has had the effect of excluding Chinese autos from the US market, as it’s easier to export to countries with lower tariffs first. Tariffs have been called for by several entities in the US ( and Europe ), as Chinese EV manufacturing has rapidly ramped in recent years. 84%, similar to the US market share of.66%

Chinese 52

Chinese Tax Credit China Tax 52

Baua Electric

JANUARY 10, 2024

Volkswagen’s CFO Arno Antlitz said Europe’s largest automaker has “all the ingredients” for success as the US auto industry shifts to electric. Despite this, VW is seeing reluctance for its EVs in Europe and potentially in the US as well. The company also fell behind Tesla in US market share for the first time last year.

South Carolina 52

South Carolina Jeep Europe SUV 52

EV Info

JANUARY 2, 2024

Tesla Market share Grows to 6.1% in Sweden Data from Swedish auto industry association Mobility Sweden showed 1,789 new Tesla cars were registered in December, up from 1,645 in the same month of 2022. Market share grew to 6.1% The total sales for the year saw a slight increase while EV sales grew 18%.

Sale 52

Sale Sweden Tesla Norway 52

Cars That Think

MARCH 28, 2023

The supply relief will not be coming from the big, national investments in the works right now by South Korea, the United States, and Europe but from older chip fabs and foundries running processes far from the cutting edge and on comparatively small silicon wafers. The auto industry is a relatively small chip end-user, but it’s growing fast.

South Korea 128

South Korea Auto Industry United States Supplies 128