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Mobility

Paris Motor Show 2024: The unexpected new tech on display this year

We take a look at the less publicised tech that’s on display at the Paris Motor Show at the Porte de Versailles expo centre this week.

Green News

Could the shift to EVs spell the end of fossil fuels?

Although China is increasingly producing green energy, there are concerns that demands for fossil fuel could grow elsewhere in Asia.

Business

BMW chief calls for European petrol engine ban to be relaxed

Europe must rethink the EV rollout timetable to cut reliance on China, BMW boss Oliver Zipse said.

EuroVerify

Fact check: Is Europe's car industry in crisis?

The plight of Europe’s automotive sector — and its impact on the economy and jobs — has become a hot political topic.

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Business

Porsche sales plunge as Chinese competition heats up

German automaker Porsche has experienced dropping sales as competition in China continues to rise, with demand for some of its key electric models falling as well.

Europe News

Brussels urged not to U-turn on car CO2 limits amid industry ‘crisis’

Electricity firms fear the EU is about to cave in to industry pressure and ease cuts on car emissions, as Austria, Belgium, Ireland and the Netherlands ask the European Commission to help electrify company car fleets.

Green News

France's largest lithium project is thrown into question by locals

France views the mine as crucial for both its ecological transition and national sovereignty.

Europe News

European EV crisis: Audi's Brussels factory faces uncertain future

Audi's plant in Belgium's capital assembles a €80,000 electric SUV, which is too expensive for Europeans. After 2025, production will likely relocate to Mexico, and workers and unions are not happy.

Europe News

Von der Leyen's China policy faces make-or-break vote on EV tariffs

Amid Beijing's threats of retaliation, member states need to decide if they want to slap additional import tariffs on Chinese electric vehicles.

Markets

Tesla shares drop as deliveries fall short of market expectations

Tesla shares fell despite recording the highest third-quarter delivery figures, as investors had expected more. Markets will now shift focus to the Robotaxi event and the upcoming earnings reports.

Business

Will paying German drivers a bonus for buying electric vehicles work?

SPD proposal to incentivise drivers to ditch polluting vehicles misses the mark, say critics.

Europe News

Why are carmakers pleading for a respite from EU climate policy

The head of the European Automobile Manufacturers’ Association explains why the industry faces multi-billion euro fines next year when stricter CO2 emissions limits kick in

Business

Car industry future: EV market obstacles and maintaining profitability

De-motorisation is generally a wealthy, urban phenomenon, according to a new report, although threats to the car industry remain.

Business

Italy's Stellantis becomes latest car giant to issue profit warning

The struggling maker of Jeep and Ram is looking for a new CEO to succeed Carlos Taveres, who is under fire from US dealers and the United Auto Workers union after a dismal first-half financial performance.

Business

Time for the Robotaxi? Future trend in focus ahead of Tesla update

Tesla is expected to report a record number of deliveries for the third quarter next week, fuelled by strong sales growth in China. The upcoming Robotaxi event is likely to be a key focus, shaping the future trend of its stock.

Business

What is behind the huge drop in Mercedes' share prices?

The German carmaker’s shares started Friday with an almost 7% drop as the company significantly cut its expected results for the full year because of weakness in Chinese demand for its vehicles.

Business

Volkswagen denies plans to cut 30,000 staff from its workforce

Earlier this month, CEO Oliver Blume told employees that the company needed to end a three-decade-old job protection pledge that would have banned layoffs until 2029.

Europe News

EU-China talks fail to deliver breakthrough on electric cars dispute

Brussels and Beijing have agreed to take a new look at price undertakings, which could avoid extra tariffs on China-made electric vehicles.

Economy

EU car industry calls for urgent action as EV new car sales tumble

The industry is calling for policymakers to help, saying that, if nothing is done, the required transition will be costly not only to the carmakers but to the economy itself, as well as putting the EU's transition to zero-emission at risk.

Europe News

Europe's first lithium refinery opens in Germany

The refinery is expected to produce enough lithium hydroxide for 500,000 electric cars per year.