Every EVXL story tagged “Europe” — newest first.
Chinese automakers target emerging markets as US and EU raise barriers In a strategic shift, Chinese electric vehicle (EV) manufacturers are focusing on emerging markets as the US and Europe impose tariffs and restrictions on Chinese imports. This move could lead to Chinese dominance in the world’s most important developing economies, including Southeast Asia, Latin…
Volvo Cars reported a 13% increase in global sales for May 2024, reaching 68,034 units. Reuters reports that the growth was primarily driven by a 27% surge in Europe and the strong performance of the fully electric EX30 model. However, sales in the United States and China experienced slight declines of 5% and 1%, respectively.…
The European Commission is set to impose provisional duties on Chinese electric vehicles (EVs) from July 4, according to EU officials. This move comes as a result of an investigation into subsidies in China’s EV industry, which has strained the already tense China-EU relationship, reports SCMP. During a meeting with the EU’s department of trade…
In a groundbreaking move, Volvo Cars is set to introduce the world’s first electric vehicle (EV) battery passport for its flagship EX90 SUV, which is about to enter production. The Swedish automaker, owned by China’s Geely, developed the passport in collaboration with UK startup Circulor, utilizing blockchain technology to map supply chains, reports Reuters. Pioneering…
US and EU Throw Up Roadblocks, but Automakers Grow Closer to China The US and Europe are erecting barriers to keep Chinese cars out of their markets, but at the corporate level, automakers are growing ever closer to China. President Biden’s quadrupling of tariffs on Chinese EV imports and the EU’s probe into Chinese EV…
Tesla’s latest software update, version 2024.20, is rolling out now with some exciting new features and improvements. The update brings major upgrades to the adaptive headlights for Teslas equipped with matrix LED headlights, as well as a fun addition to the in-car gaming experience. Adaptive Headlights Get Smarter For Tesla owners in Europe and other…
Tesla’s upcoming annual general meeting (AGM) on June 13 faces potential hurdles as tens of thousands of international retail shareholders, holding around $17 billion in stock, may be unable to vote due to inadequate cross-border voting systems provided by investment platforms, reports the Financial Times. Key Resolutions and Challenges The electric vehicle maker is seeking…
Chancellor Confident in Germany’s Auto Industry Despite Challenges German Chancellor Olaf Scholz has praised Volkswagen AG’s move to develop affordable electric vehicles (EVs) priced from €20,000 ($21,696) as “very good.” Speaking at the East German Economic Forum in Bad Saarow, Scholz expressed his confidence in Germany’s automotive industry, stating that the country aims to remain…
One email. Six stories. Filed each morning before the world is. Read by Tesla owners, Rivian preorder holders, dealer GMs, and the analysts that move EV stocks.
