Automotive Industry

Honda goes all in on EVs in contrast to rival Toyota

Automotive Industry - 2021-06-23

Honda has become the first of Japan's automakers to state publicly it will phase out sales of gasoline-powered cars completely, setting 2040 as the goal and giving new CEO, Toshihiro Mibe, a once-...

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VW's Diess sees autonomy transforming cars more than electrification

Automotive Industry - 2021-06-23

Volkswagen Group is undergoing the world's largest industrial overhaul for the electric-vehicle age, plotting half a dozen battery plants just in Europe and retooling assembly lines around the glo...

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What's happening with Tesla's $7 billion German factory?

Automotive Industry - 2021-06-22

1 July was supposed to be a day of celebration for Tesla: the opening of its self-styled "gigafactory" in the tranquil German municipality of Gruenheide, just outside of Berlin...

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Porsche to set up joint venture with German battery maker

Automotive Industry - 2021-06-22

Porsche is setting up a joint venture with Customcells to produce high-performance batteries that will significantly reduce charging times, the automaker said...

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Audi to launch last new model with combustion engine in 2026 – media report

Automotive Industry - 2021-06-21

Carmaker Audi will stop launching new combustion engine or hybrid models in 2026 to focus exclusively on pure battery-electric cars, reports Max Hägler in Süddeutsche Zeitung...

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BMW, Audi's home state in talks with Intel on chip factory

Automotive Industry - 2021-06-21

Germany's southern state of Bavaria, home to BMW and Audi, is in talks with Intel to build a European chip factory in a bid to counter supply bottlenecks that have hampered production in the autom...

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Daimler speeds up shift to EVs, report says

Automotive Industry - 2021-06-18

Daimler will accelerate the launch of electric cars slated for the middle of this decade while phasing out fossil-fuel versions, as it revamps its electrification strategy, Manager Magasin r...

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Automotive suppliers highlight strategic role in EU semiconductor policy; shortages may be felt well into 2022

Automotive Industry - 2021-06-17

Commenting on the shortages of semiconductors impacting the automotive industry, Thorsten Muschal, President of CLEPA, the European Association of Automotive Suppliers, says “The ...

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Volvo and VW the only European carmakers on track to electrify on time - study

Automotive Industry - 2021-06-16

T&E’s ranking of the readiness of 10 major OEMs in Europe to transition to electric by 2030, shows there are big differences in ambition and quality of their plans...

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Daimler and VW cut working hours on chip shortage

Automotive Industry - 2021-06-16

Daimler and Volkswagen are cutting working hours at some of their plants as the automakers continue to suffer from a shortage of semiconductors that has already hampered production in 2021...

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VW puts carbon-neutral exports top of agenda for EV deliveries to the US

Automotive Industry - 2021-06-16

Volkswagen has been exporting volumes of its ID...

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Vehicle electrification shakes up export and import flows

Automotive Industry - 2021-06-14

The electric vehicle revolution has reached some countries sooner than others, both in terms of customer uptake and manufacturing...

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Daimler CEO hits back at critics of 'greenness' of plug-in hybrid cars

Automotive Industry - 2021-06-14

Daimler Head Ola Kallenius defended plug-in-hybrid cars from critics who say the vehicles' environmental friendliness is overstated...

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Germany lobbying EU for stricter climate rules, report says

Automotive Industry - 2021-06-14

Germany is lobbying the European Commission to set stricter climate protection targets for the region's car and aviation industries, according to Frankfurter Allgemeine Sonntagszeitung...

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G-7 summit eyes ambitious shift to electric cars and away from oil

Automotive Industry - 2021-06-11

Group of Seven leaders are discussing ambitious plans to shift the balance of car buying away from gasoline to greener vehicles by the end of the decade, as part of a package of measures to combat cli...

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Time for Norway to tax luxury electric cars, IMF economists say

Automotive Industry - 2021-06-11

Norway should begin taxing high-end battery-powered cars to lower the overall cost of its generous electric vehicle incentives, economists at the International Monetary Fund (IMF) said in a working pa...

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VW will get back $351M in diesel settlement with former execs

Automotive Industry - 2021-06-10

Volkswagen Group said it has reached agreement with former CEO Martin Winterkorn and three other former top executives over compensation for their involvement in the automaker's diesel-emissions s...

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Europe risks wasting €27bn battery opportunity with weak CO2 targets - study

Automotive Industry - 2021-06-10

While investors have poured billions into the battery industry, and Europe is set to have enough batteries to power over 90% of all new vehicle sales by 2030, a slowdown in electric vehicle sales woul...

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Renault charged with diesel deception by French investigators

Automotive Industry - 2021-06-09

French investigators charged Renault with deceiving on emissions in ongoing fallout from the diesel scandal that erupted when Volkswagen admitted to cheating tests almost six years ago...

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EV battery supply chains on the move

Automotive Industry - 2021-06-09

A new report by Automotive from Ultima, the business intelligence arm of Automotive Logistics, outlines the scale of investment underway and set over the next decade by both OEMs and lithium...

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