Category: Europe
China’s EV exports surge to record on European demand
Exports of electric vehicles from China more than doubled in November, creating a monthly record,…
Geely-linked ECARX has edge over tech giants in car computing, founder says
The Geely-backed tech startup ECARX has an advantage over bigger rivals such as Nvidia or…
VW-FAW adds extra hours at China plant to make up for 2-week shutdown
Several production lines at Volkswagen and FAW’s plant in Chengdu are operating with staff on…
Dacia launches first hybrid on Jogger compact SUV
PARIS — Dacia will start taking orders in January for the Renault Group brand’s first…
Musk to step down as Twitter CEO once he finds ‘someone foolish’ enough as successor
Elon Musk said on Tuesday he will step down as CEO of Twitter once he…
Tesla dispatches Shanghai boss, aides to jump-start U.S. output
SHANGHAI — Tesla’s China chief Tom Zhu and a team of his reports has been…
Stellantis in talks to buy ‘substantial’ stake in hydrogen mobility company Symbio
Stellantis has entered into talks with the French suppliers Faurecia and Michelin to buy a…
VW’s Wolfsburg plant faces production stoppages in January
BERLIN — Volkswagen plans to reduce the number of shifts at its Wolfsburg factory in…
Tesla shares suffer worst year ever – and 2023 looks bad, too
A year ago, Tesla seemed unbeatable, with its shares near a record high amid soaring…
Geely-linked tech company ECARX to start trading on Nasdaq in SPAC merger
ECARX, the automotive technology company backed by Geely Chairman Eric Li, will start trading on the Nasdaq…
BMW to make Solid Power’s battery cells under expanded agreement
Solid Power said it will offer some intellectual property rights related to its solid-state batteries…
Porsche ramps up work with electricity-based synthetic fuels
As Porsche races to electrify its fleet over the next decade, the German sports car…
Magna will buy Veoneer Active Safety for $1.53 billion
Canadian supplier Magna International said on Tuesday it agreed to buy Veoneer Active Safety from…
Alfa Romeo’s U.S. growth plan prioritizes quality, satisfied customers
Alfa Romeo’s growth plan in the U.S. over the next decade involves doing away with…
Ford teases its new VW-based electric SUV
Ford of Europe’s upcoming all-electric SUV, expected to the called Explorer Sport, will be the…
Ex-VW CEO Diess will be Infineon’s next chairman
BERLIN — Former Volkswagen Group CEO Herbert Diess is in line to become supervisory board…
Renault’s Senard to get second term as chairman
PARIS – Renault Group Chairman Jean-Dominique Senard, who was brought in to stabilize the company after…
Faraday Future targets April for EV deliveries, sees fresh funding
EV startup Faraday Future is in discussions with investors for additional capital of up to…
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