HANOI — Vietnam’s VinFast will recall 730 of its model VF e34 electric cars, which are available only on the domestic market, to make checks and replace their side crash sensors. VinFast, which began operations in 2019, is a unit of Vietnam’s biggest conglomerate Vingroup and has sold 2,208 EVs in total since its launch
Europe
BMW will stop making electric versions of Mini hatchbacks in the UK, dealing a setback to a country trying to transition its already diminished auto industry to full-electric models. Although the Mini factory near Oxford, England, will again start making convertibles starting in 2025, BMW has elected to make electric hatchbacks and a small SUV
COPENHAGEN, Denmark — Five years ago, Polestar Chairman Hakan Samuelsson boldly decided to turn a Swedish tuning specialist into a global stand-alone brand for high-performance electrified models. Equally daring was the former Volvo Cars CEO’s decision to promote his design boss, Thomas Ingenlath, to CEO of Polestar. His faith has been rewarded as Ingenlath took
WOLFSBURG, Germany — Germany’s automakers may have secured their own energy supplies but thousands of small suppliers faced with a squeeze from soaring bills risk upsetting production through the winter. More and more suppliers are calling on the industry to renegotiate contracts to include energy clauses so they can cover the cost of rising bills.
WOLFSBURG, Germany — Germany’s automakers may have secured their own energy supplies but thousands of small suppliers faced with a squeeze from soaring bills risk upsetting production through the winter. More and more suppliers are calling on the industry to renegotiate contracts to include energy clauses so they can cover the cost of rising bills.
WASHINGTON — European Union and U.S. officials expect to reach agreement that would grant EU companies, including electric car makers, the same status as U.S. ones in the U.S. market, to avoid what the EU calls discrimination against its producers by the U.S. Inflation Reduction Act. The EU says it allows government tax breaks or
MILAN — Stellantis has signed a framework agreement with Algeria to develop activities of its Fiat brand in the county, including for local production of vehicles. The deal covers a project for the development in Algeria of industrial, after-sales and spare parts activities for Fiat, as well as the development of the automotive sector in
BERLIN – Volkswagen Group will invest 2.4 billion euros ($2.33 billion) and take a 60 percent stake in a new joint venture with Chinese technology company Horizon Robotics for autonomous driving software and hardware, the automaker said. The companies will work together to develop technology that can integrate numerous functions for autonomous driving onto a
COPENHAGEN, Denmark — Polestar is poised to shake up Europe’s key premium large SUV segment amid strong demand for full-electric cars. When it arrives next year, the battery-electric Polestar 3, the Volvo Cars subsidiary’s first SUV, which made its global debut here Wednesday, will join models such as the segment-leading BMW X5 and the German
Renault is considering a partnership with Korean battery makers as the French automaker seeks to increase production capacity in Europe, CEO Luca de Meo said. “We are looking to reinforce long-term relations with some players here,” de Meo said at a news conference in Seoul on Tuesday, when asked whether Renault is considering a joint
MILAN — Stellantis will look to upgrade its medium-term target for the minimum percentage of recycled material in its vehicles from 35 percent, the carmaker’s Senior Vice President Global Circular Economy Alison Jones said. In its business plan, Stellantis has set a goal to boost revenues of its recycling business ten-fold to over 2 billion
MOSCOW — Nissan will hand over its business in Russia to a state-owned entity for 1 euro ($0.97), it said on Tuesday, taking a loss of around $687 million and exiting the country months after it was forced to halt production there. The automaker will transfer its shares in Nissan Manufacturing Russia to state-owned NAMI,
Nissan is ready to invest $500 million to $750 million in Renault’s electric vehicle business, viewing the French automaker’s reorganization as a chance to reshape their decades-old alliance, a person familiar with the matter said. In exchange for backing the entity being set up by Renault CEO Luca de Meo, Renault is willing to sign
PARIS – The Mobilize Duo electric quadricycle will follow in the quiet footsteps of the Renault Twizy in 2023, when it will be launched with improved range, more comfort and optional higher maximum speeds. A production version of the Duo will be shown to the public at the Paris auto show on Oct. 17. Mobilize, Renault
PARIS — The Renault 4 small electric SUV will be built in Maubeuge, northern France, starting in 2024, Renault Group said. The Renault 4 – a full-electric reimagining of the iconic model — will debut at the Paris auto show on Oct. 17, with a show car called the 4ever. It is a companion model to
Renault is open to reducing its stake in Nissan as the partners bargain over the French carmaker’s plan to split its electric-car and combustion-engine assets, according to people familiar with the discussions. Executives have discussed Renault’s carve-out plan and reshaping the pair’s two decade-old alliance since February during meetings in France and Japan. Negotiations are
BERLIN – Chinese electric start-up Nio will bring its new mainstream electric brand to Europe a few months after it launches in China in 2024, Nio president and co-founder Lihong Qin said. Nio announced the foundation of the mass-market brand — as yet unnamed — in 2021, saying its relationship to Nio would be similar
Polestar said supply issues that lingered after China’s COVID-19 lockdowns earlier this year will weigh on results the electric-car maker is releasing next month, though it’s sticking with its full-year deliveries target. The Volvo plant in Luqiao, China, that produces the Polestar 2 was hamstrung or stopped entirely for almost eight weeks in the spring,
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