MILAN — Stellantis will build more battery-making plants on top of the six facilities it already plans in Europe and North America. The additional capacity will support growing production of EV vehicles, said Stellantis’ head of global propulsion systems, Micky Bly. “We have committed to delivering six gigafactories around the world, and more to come,”
Europe
PARIS — Peugeot’s next-generation 3008 compact SUV, perhaps the Stellantis brand’s most important launch in years, will have fastback styling and a radical new dashboard with a single widescreen in front of the driver. Peugeot released photos of the 3008, which will be launched as a full-electric model first with internal-combustion versions to follow, on
The new Lotus Emeya is “one of the fastest electric GT cars in the world,” the automaker said during its unveiling Thursday. The large sedan is the second full-electric Lotus after the Eletre SUV to be launched as part of its so-called lifestyle range. The sedan will build the car alongside the Eletre at parent
MUNICH — The move toward electrified mobility is a way for Germany and China to expand relations, BMW CEO Oliver Zipse said. Meanwhile, his counterpart at Mercedes-Benz, Ola Kallenius, said tariffs and trade barriers with China are not the way forward. “We should uphold free trade,” he said, while also echoing what Zipse said regarding
MUNICH — Cupra is well prepared to weather any economic downturn in Europe, Seat and Cupra CEO Wayne Griffiths said, thanks to strong demand and future models. “There’s a storm on the way,” Griffiths said on the sidelines of the IAA auto show here. “The economic environment is going to get tough next year, with
FRANKFURT — German new-car sales rose 37 percent in August to 273,417, boosted by demand for EVs, which jumped 171 percent. Electric vehicle registrations were helped by the impending end of incentives for business buyers on Sept. 1. Tesla had offered additional discounts for company cars registered by that date. Smart, Jeep, MG and Suzuki
MUNICH — Cupra unveiled the DarkRebel concept at a Volkswagen Group event in on the eve of the IAA Mobility auto show in Munich. While it is likely that the design features will find their way into future Cupra models, the brand has not ruled out production of the DarkRebel. “If we can dream it, we
Western automakers are set to lose a fifth of their global market share due to the unstoppable rise of more-affordable, cheaper-to-produce Chinese electric vehicles, according to UBS Group analysts. Led by BYD, Chinese automakers will almost double their share of the auto market to 33 percent by the end of the decade, UBS analysts including
Magna International is in talks to produce vehicles for Chinese brands in Europe as they expand in the region. The supplier’s Magna Steyr contract manufacturing facility in Graz, Austria has some spare output capacity, according to Magna Europe President Uwe Geissinger. “Whether we make them in Graz or a new facility depends on how the
BERLIN — Volkswagen is reducing work hours for employees at the automaker’s main plant in Wolfsburg for three weeks in September due to a parts shortage caused by recent floods in Slovenia, a spokesperson for the company said on Monday. The spokesman said that the short-time work measures would be in place from Sept. 11-29.
Mercedes-Benz previewed its new range of compact cars with the Concept CLA Class, an electric four-door coupe-style sedan with more than 750 km (466 miles) of range. The Concept CLA was revealed Sunday night at an event ahead of the IAA Mobility show in Munich. It features a drivetrain derived from the EQXX concept, which
Tesla will display the upgraded Model 3 — the first major revision since the midsize EV was first revealed in 2016 — at the 2023 Munich auto show. The face-lifted Model 3 was revealed this week in Oslo, with a more aerodynamic design, a refined interior and slightly improved range. The drivetrain remains the same.
MILAN — Stellantis will launch the reorganization of its European dealer network next week, starting with four specific markets before extending it further across Europe in 2024, the automaker said in a statement. As part of its efforts to cut costs and support investments for electrification, the world’s third-largest automaker had announced it was ending
Europe’s most important auto show will provide insight into how successfully the region’s established automakers can fight off a growing threat from Chinese rivals such as BYD and U.S. upstart Tesla. The battleground is clear: electromobility, autonomous driving, fast-charging batteries with long ranges and user-friendly software features. These will be the key themes of the
LONDON — Chinese battery maker Gotion High Tech is buying a 25 percent stake in Slovak battery maker InoBat and will provide supply chain and technology support as the startup scales up production of electric vehicle batteries, the companies said. The companies did not disclose terms for the investment or what it means for InoBat’s
Mini has launched two new full-electric models as it moves closer to becoming an all-EV brand by 2030. The Mini Cooper E/SE small hatchback and Mini Countryman compact SUV were unveiled on Friday. Both models will be seen in public for the first time at the IAA Mobility auto show in Munich from Sept. 5
Polestar Automotive Holding posted another operating loss in the second quarter as the electric vehicle maker struggled with software delays and intensifying competition. While revenue surged in the U.K. and Sweden, it declined in key markets including the U.S. and China during the three months through June, the EV maker said Thursday. Polestar, owned by Volvo
A Tesla plan to purchase hard-to-get construction materials is being investigated by U.S. prosecutors, who are looking at whether the project was an appropriate use of company funds, Bloomberg reported. Federal prosecutors also are looking into Tesla performance claims after Reuters reported the EV maker exaggerated the potential driving distance of its vehicles, The Wall
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