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

Electrek

Major car suppliers in Germany say they are struggling with the high upfront costs of shifting to EVs and “slow demand,” with companies looking to lay off thousands of workers, as much as 20% of total staff in some cases, in the coming years.

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

Baua Electric

Major car suppliers in Germany say they are struggling with the high upfront costs of shifting to EVs and “slow demand,” with companies looking to lay off thousands of workers, as much as 20% of total staff in some cases, in the coming years. FTC: We use income earning auto affiliate links. Get started here.

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Polestar 2 is the most popular electric company car in Germany, cracking top ten overall

Electrek

The Polestar 2 is taking the auto industry by storm, placing among the top ten-selling electric vehicle in some of the most popular vehicle markets. In 2022, the Polestar 2 became a top-selling electric company car and made the top ten overall company cars in Germany, home of luxury vehicles and auto innovation.

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Tesla Model Y returns to dominance in Germany

Teslarati

The Tesla Model Y was the best-selling electric vehicle in Germany in January. Selling 3,708 units during January, the Tesla Model Y took back its throne from the Tesla Model 3 , which had become the most popular vehicle in Germany during the final months of 2022. If you have news tips, email us at tips@teslarati.com !

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European battery maker ACC partners with Circulor to map supply chain, carbon emissions – ET Auto

Baua Electric

The partnership comes as the European auto industry readies for a “battery passport” that will trace the content and carbon footprint of EV cells sold in Europe. Launched in 2020, ACC has announced EV battery plants in France, Germany and Italy with a 7 billion-euro (USD 7.6 billion) investment.

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Tesla sales in Germany grow 431% year-over-year for June

Teslarati

Tesla’s market share in the German auto industry grew to 1.6%. The numbers suggest that demand for Tesla vehicles is rapidly growing in Germany. And demand may rise when the Tesla Model Y enters the German auto market. The post Tesla sales in Germany grow 431% year-over-year for June appeared first on TESLARATI.

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ACMA Automechanika 2024 concludes on a high note; global aftermarket presents USD 35 bn exports opportunity: ACMA-EY Study – ET Auto

Baua Electric

ACMA remains committed to fostering this growth trajectory and contributing to India’s leadership in the global auto aftermarket.” This event, held in conjunction with the Bharat Mobility Global Expo, exemplifies the comprehensive transformation underway in the automotive industry, evolving towards a mobility-centric ecosystem.

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