News

Company halting production for 6 weeks, misses required interest payment of about $8.4 m last week (March 2024). …

A lack of charging infrastructure is still worrying automakers. …

The two Japanese automakers aim to drive down costs and catch up to rivals such as Tesla and entrants from China in the global EV race. …

The cheap EV will initially start production in 2025 at Tesla's Texas factory. Tesla will build its entry-level all-electric car in its European factory near Berlin, CEO Elon Musk told employees during a visit to the plant. …

Volkswagen on Thursday, 14 March 2024, held out the prospect of launching an entry-level electric vehicle by 2027, with VW brand chief Thomas Schaefer saying the company would decide in coming weeks which model to move forward with. …

Automakers face a €95 fine for every vehicle registered in the EU if the fail to meet tougher CO2 reduction targets set by European regulators. …

Product decisions have been made and a project team has been appointed to make SDVs a reality, VW boss Oliver Blume said. …

The new company would launch dedicated electric vans aimed at urban users. Production is set to begin in 2026 at a Renault factory. …

The automaker expects a tough year for car markets in light of rising costs, tougher competition and higher inflation. …

Chery could refurbish an existing plant in Italy or build a new one, but is also assessing other options, including a former Nissan plant in Barcelona. …