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The European Union is planning to ban combustion engine cars by 2035, but that may have some knock-on effects on employment across the bloc. In a recent survey of the European Association of Automotive Suppliers, CLEPA, PwC found that the speed of the energy transition would put half a millio...
Global electric car sales for Oct. 2021 - Up 70% YoY, reaching 8.8% share. China sales up 113% YoY to 16% share. Europe sales up 26% YoY to 23% share. EV market news - Greece banning fossil-fuel cars from 2030. Biden signs Infrastructure Bill that includes $7.5 billion to build about ...
NIO's November deliveries reached a record of 10,878 units, pushing just above September's high as the manufacturer regained momentum. Q4 is expected to see ~23,500 to 25,500 units delivered, representing flat q/q growth in a relatively lackluster end to FY21. FY22 is expected to ...
Change in Leadership at Mercedes-Benz Vans and Realignment of the Heritage of Mercedes-Benz PR Newswire STUTTGART, Germany , Dec. 2, 2021 /PRNewswire/ -- Under the leadership of Marcus Breitschwerdt (60), currently Head of Mercedes–Benz Vans, all ...
Toyota is not backing off from the internal combustion engine (ICE). Toyota is flirting with ICE powered by hydrogen; where does that leave their fuel cell program? Toyota refuses to sign COP 26 pledge to exit ICE manufacture by 2040. Toyota is the “go to” invest...
Commercial vehicle registrations in the European Union fell 16.4% to 144,409 units in October, followed by 12.3% decline in September. All major EU markets recorded double-digit declines: Italy -22.9%, Germany -24.3%, France -23.3% and Spain -32.7%. On YTD basis, commercia...
Inflation concerns have started to affect market sentiment, but it is highly uncertain if that will lead to a real market correction or just some short-term dips. I am continuing my monthly investment plans while still awaiting a market correction or possibly a real crash once market ...
A brief reminder of the 8 EV trends from my June 2021 article, most of which continue to play out. The latest EV, battery, and EV metals trends as of October 2021. Bloomberg states: "The electric vehicle invasion is already here." 2021 electric car sales are looking like being 100...
The following slide deck was published by Daimler AG in conjunction with this event. For further details see: Daimler (DDAIF) Investor Presentation
Motul Confirmed Lubricant Partner for AMG Performance Team, Craft-Bamboo Racing at 68th Macau Grand Prix Singapore, Nov 18, 2021 - (ACN Newswire) - One of the most anticipated events of the year on the Asian motorsport calendar is all set to kick-off this weekend in Macau. The...