Europe

TOKYO — The rebranded Tokyo auto show wants to become the “Davos of Mobility.” Imagine a who’s who meetup of business leaders from the traditional automotive industry and whiz kids from innovative startups in artificial intelligence, software and renewable energy. But instead of gathering at a snowy Swiss ski resort, they do it on the
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Geely’s LEVC London cab unit is pinning its hopes on a new groupwide platform for larger passenger vehicles to deliver the scale effects it has so far lacked for its flagship TX plug-in hybrid. LEVC, short for London Electric Vehicle Company, started production of the TX cab in 2017 at a new facility near Coventry,
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BMW will start producing its next-generation of electric vehicles, dubbed Neue Klasse, in the northeast China city of Shenyang in 2026, giving a major boost to its EV product lineup in the world’s biggest light-vehicle market.  The new EV models will be assembled at BMW Brilliance Automotive, its joint venture with Brilliance China Automotive Holdings,
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BERLIN — Volkswagen Group has completed the sale of its Kaluga production plant in Russia and its local subsidiaries, the automaker said on Friday, ending months of wrangling with Russian authorities over the deal. VW has sold its shares in Volkswagen Group Rus LLC to Art-Finance LLC, which is supported by auto dealer group Avilon,
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 PARIS — The French government is seeking to limit incentives for buying new full-electric vehicles to those built in Europe, President Emmanuel Macon said, part of a package of environmentally friendly business incentives meant to boost French competitiveness. EVs sold in France are eligible for a 5,000-euro ($5,500) credit, provided their maximum price is below
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BERLIN — The market share of electric cars exported to Germany from China more than tripled in the first quarter, a worrying sign for German automakers struggling to keep up with their fast-moving Chinese peers. From January to March, 28 percent of electric cars imported into Germany came from China, compared with 7.8 percent in
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TOKYO — Nissan Chief Operating Officer Ashwani Gupta will not be reappointed to the automaker’s board when his term expires next month, casting doubt on the future of the high-profile executive who had been seen in the running for CEO. The departure from the board of directors of the former long-time Renault executive comes as
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