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European Auto Industry Expresses Concern Over Iron Ore Price Hikes

Green Car Congress

The European automobile industry expressed concern about the “ sudden and massive ” increase in the price of iron ore, a crucial material for producing steel. The leading iron ore exporters announced on 30 March steps to raise their prices by more than 80%.

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Rivian, Kia, and Mercedes see huge jump in new car registrations – a sign of what’s to come?

Baua Electric

S&P Global Mobility released its latest round of US data on new EV registrations for November 2023, and some surprising new trends are popping up – with very modest gains by Tesla and Ford, compared to bigger moves from smaller EV players Rivian and Kia, as well as luxury EVs from Mercedes and BMW. share in November. market share.

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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. For comparison, the US produced 1.1

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Feature: Top 6 Reasons Why an EV Is the Right Choice

Clean Fleet Report

One of the reasons behind the drastic increase in sales was the more affordable price range of the Tesla Model 3, a best-seller in the U.S., Constant price fluctuations power the fuel market. With more users gearing towards purchasing electric vehicles, a surge in demand has drastically hit the electric automobile industry.

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EU reaches compromise on 2035 new ICE vehicle ban

Teslarati

In order to limit future carbon credit price variability, a mechanism will be put in place that would release 75 million new carbon credits into the market if the average sale price of credits goes higher than 2.5 times the average of the price from two preceding years. Lawmakers also hope this will limit market speculation.

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Potsdam/TUB/BMW report says cap-and-trade instrument for road transport fuels combined with vehicle efficiency metrics is the most promising policy approach to reduce transport GHG

Green Car Congress

A cap-and-price scheme with a target quantity and corresponding price can alleviate rebound effects and perverse incentives of fuel efficiency and low-carbon fuel standards. The study, written by scientists of the Technical University Berlin (TUB) and PIK, was commissioned and financed by the BMW Group. Source: CITIES.

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How 3D Printing Can Disrupt the EV Sector

Get Electric Vehicle

The advancement of sand 3D printing technologies to improve the capabilities of the old casting industry may become more widespread as it can handle high throughput manufacturing as required by the automobile industry. READ] Electric vehicles Prices May Drop Soon, and Here’s Why. You May Like.

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