Saturday, 18 January 2025

Focus on BMW Group

FILE PHOTO: A BMW logo is seen at the 2024 Paris Auto Show in Paris, France, October 15, 2024. REUTERS/Benoit Tessier/File Photo
AutomotiveBusinessEconomyElectric Vehicles (EVs)NewsTrade

German premium carmakers’ sales battered in China and Germany amid slowdown

Germany’s luxury carmakers faced sharp sales drops in 2024 as economic uncertainty and EV challenges hit home and China.

A Chinese-made Haval H6 SUV is seen on Reforma Avenue in Mexico City (AFP)
AutomotiveBusinessElectric Vehicles (EVs)NewsTradeTransport

Move over Mercedes: Chinese cars grab Mexican market share

Asian brands benefited from an exemption from import tariffs on electric vehicles.

The Energy and Climate Intelligence Unit has reported on carmakers’ progress towards the Government’s electric vehicle sales requirement (PA)
BusinessElectric Vehicles (EVs)News

UK car industry set to meet 2024 EV sales target: analysis finds

The UK car industry is set meet the government's EV sales mandate this year despite some manufacturers complaining it is too tough.

News ReleaseNews

Quantum Leaps: Winners of Airbus and BMW Group’s Quantum Computing Challenge Unveiled

SANTA CLARA, Calif.--(BUSINESS WIRE)-- #4colorsresearch--Airbus and BMW Group unveil winners of the Quantum Computing Challenge at Q2B Silicon Valley...Read the full news release...

FILE PHOTO: Chairman of the Board of Management of BMW AG Oliver Zipse attends an event at the Auto Shanghai show, in Shanghai, China April 18, 2023. REUTERS/Aly Song/File Photo
AutomotiveBusinessEconomyElectric Vehicles (EVs)FuelIndustryLegislationLiquefied Petroleum GasNewsPoliticsRegulationsTrade

BMW CEO: Europe must cancel petrol engine ban to reduce reliance on China

BMW CEO Oliver Zipse urges Europe to reconsider its 2035 ban on new fossil fuel cars to reduce reliance on China’s battery supply.

FILE PHOTO: Northvolt logo is pictured in the Northvolt office in Stockholm, Sweden June 14, 2018. REUTERS/Esha Vaish/File Photo
AutomotiveBusinessCritical MineralsElectric Vehicles (EVs)FinanceManufacturingMiningNews

Northvolt: Cash-strapped EV-battery maker in talks for 200 million euros in funding

Northvolt announced job cuts, raising fears that Europe's top EV battery hope may falter amid low demand and Chinese competition.

A Porsche Taycan electric vehicle (EV) is showcased at a Volkswagen media event in Beijing, China April 24, 2024. REUTERS/Josh Arslan/File Photo
AutomotiveBusinessEconomyElectric Vehicles (EVs)News

Porsche’s nine-month China sales plunge by third

Porsche on Friday posted a 29 per cent nine-month sales drop in China, joining peers BMW and Mercedes in reporting weaker results in...

FILE PHOTO: Tesla China-made Model 3 vehicles are seen during a delivery event at its factory in Shanghai, China January 7, 2020. REUTERS/Aly Song/File Photo
BusinessEconomyElectric Vehicles (EVs)FinanceNewsTrade

Tesla misses estimates for Q3 deliveries on stiff competition

Tesla missed third-quarter delivery expectations, reporting 462,890 vehicles, amid rising competition from China and Europe.

Login into your Account

Please login to like, dislike or bookmark this article.