Automotive Industry

Germany reaches one-million electric vehicles target with half a year delay

Automotive Industry - 2021-08-03

Germany has reached its target of 1m registered battery electric and plug-in hybrid vehicles, said the government in a press release...

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BMW posts strong Q2 earnings but warns on chip shortage

Automotive Industry - 2021-08-03

BMW raised its profit forecast for 2021 after strong quarterly results, but warned that the global semiconductor shortage and rising raw materials prices would impact its performance in the second hal...

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Daimler to keep 35% stake in trucks spinoff as separation nears

Automotive Industry - 2021-08-03

Daimler will keep a 35% stake in the trucks division that it plans to spin-off later in 2021, the automaker said, unveiling more details about the landmark corporate split announced earlier in 20...

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Amazon-backed Rivian in talks for UK factory, report says

Automotive Industry - 2021-08-02

Rivian Automotive, the EV startup backed by Amazon and Ford Motor, is in talks with the UK government on building its first manufacturing plant outside the US near the English city of Bristol,&nb...

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French sales fall 35% in July on chip shortage, COVID

Automotive Industry - 2021-08-02

Registrations in France plummeted by about 35% in July from the same period in 2020, according to data from the country's automakers’ lobby CCFA...

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Porsche, Audi, VW brands flag chip risk in months ahead

Automotive Industry - 2021-08-02

Volkswagen Group's top three brands have pointed to an ongoing shortage of automotive chips that could intensify in the coming months, highlighting the industry's difficulty in tackling the is...

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Trucks move past cars on the road to autonomy

Automotive Industry - 2021-07-30

In 2016, three veterans of the still young autonomous vehicle industry formed Aurora, a startup focused on developing self-driving cars...

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UK production rises 31% in first half but sector warns of chip shortage

Automotive Industry - 2021-07-30

UK car production rose by nearly a third in the first half of 2021 from last year's slump but remained down on the five-year average as the sector warned that COVID-19 continues to cause staffing ...

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Renault sees chip shortage hitting output and margin recovery

Automotive Industry - 2021-07-30

Renault doubled its estimate for car production lost to the global chip shortage, saying the supply chain issue and rising raw material prices could curb further recovery in profitability this year...

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German car parts suppliers fret over combustion engine phase-out

Automotive Industry - 2021-07-30

The European Commission’s Fit for 55 package will rapidly tighten emission standards for cars, effectively banning the sale of vehicles fitted with internal combustion engines by 2035...

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German carmakers partially shut down amid semiconductor shortage

Automotive Industry - 2021-07-29

The supply shortage is forcing Daimler to send thousands of employees on short-time work at several locations across Germany, the car manufacturer announced on 27...

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Austria considers combustion ban for 2030

Automotive Industry - 2021-07-29

In Austria, only zero-emission passenger cars, two-wheelers, light commercial vehicles and heavier commercial vehicles are to be newly registered by 2030 at the latest...

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Environmental NGOs continue legal fight against Tesla Berlin factory

Automotive Industry - 2021-07-29

Legal action brought by environmental NGOs continues to be a hurdle for Tesla’s “Gigafactory” near the German capital Berlin, reports Business Insider...

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AERIS Air Quality Report: Euro 7 impact assessment, July 2021 update

Automotive Industry - 2021-07-28

The emission limit scenarios for Euro 7/VII and the associated changes to testing procedures that were proposed by the European Commission’s consultants in the stakeholder meetings in April 2021...

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AERIS Air Quality Report: Euro 7 cost-benefit assessment

Automotive Industry - 2021-07-28

In order to put the Euro 7/VII Regulations into context and to provide fresh new data, ACEA tasked AERIS Europe to examine the impact that the latest new Euro 6/VI vehicles are having on air quality o...

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First Nio volumes now on route to Norway

Automotive Industry - 2021-07-28

On July 20 the first volumes of Nio’s ES8 electric SUVs left China on route to Norway aboard the Wallenius Wilhelmsen car carrier Torino...

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Mercedes cuts production in Germany, Hungary on chip shortages

Automotive Industry - 2021-07-28

Daimler is reducing Mercedes-Benz production at three plants in Germany and temporarily halting output in its factory in Hungary due to a shortage of semiconductors...

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Polestar to expand globally this year

Automotive Industry - 2021-07-27

Electric car brand Polestar will enter nine new markets later in 2021, doubling its presence to 18 markets worldwide...

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Daimler launches $47bn EV push to catch Tesla

Automotive Industry - 2021-07-23

Daimler will launch three new electric platforms and build eight battery cell plants to close the gap to EV leader Tesla...

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Skoda will cancel more shifts due to chip shortage, union says

Automotive Industry - 2021-07-23

Skoda will cancel several shifts ahead of the automaker's annual general two-week leave, as a lingering shortage of semiconductors blocks production, trade unions said...

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