Talga Group has waited for more than a decade to go ahead with a graphite mine in Sweden that could supply enough battery material to power two million electric cars a year and reduce the continent’s dependence on China. Yet after some signs of progress, the Australian company is back in administrative limbo on its
Europe
STAVANGER, Norway — Tesla CEO Elon Musk aims to get the automaker’s self-driving technology ready by year-end and hopes it could be in wide release in the United States and possibly in Europe, depending on regulatory approval. Musk said his attention was currently focused on his SpaceX Starship spacecraft and self-driving Tesla cars. “The two
TOKYO — Honda will slash production plans by up to 40 percent in Japan early in September due to persistent supply chain and logistical issues. The news comes even Japanese automakers have been cautiously optimistic that chips shortage that caused repeated production cutback is easing. Honda‘s assembly plant in Saitama prefecture, north of Tokyo, will
California moved to require all new vehicles sold in the state by 2035 to be either all-electric or plug-in electric hybrids, a landmark move that could speed the end of gasoline-powered vehicles. The California Air Resources Board voted unanimously on Thursday to adopt Advanced Clean Cars II, a statewide plan that mandates 100 percent zero-emission
Audi will join Formula One starting in 2026 as the Volkswagen Group brand bets it can bolster its business by competing in the popular racing circuit. F1 racing intends to switch to cars running on synthetic fuel from 2026 as part of a plan to become carbon neutral by the end of the decade. The
THE HAGUE — The Chinese automaker BYD, the world’s biggest seller of full-electric cars, will expand in Europe starting this year with three models: the Atto 3 compact crossover, the Tang large SUV and the Han large sedan, executives said. BYD began selling the Tang on a pilot basis in Norway in August 2021. In
Japan’s three biggest automakers are facing the greatest risk from climate change among global auto companies because much of their manufacturing remains concentrated in the island nation, according to a study by Greenpeace. Toyota, Honda and Nissan will face major challenges ranging from hurricanes and flooding to high temperatures and water shortages, in the coming
Porsche has lined up investor interest for its initial public offering at a valuation of as much as $85 billion, signaling one of Europe’s biggest-ever listings is poised to go ahead despite market headwinds, according to people familiar with the matter. Volkswagen Group’s sports-car brand has secured pre-orders that exceed the shares on offer at
MADRID — Stellantis has halted its Opel car factory in Zaragoza in northern Spain for five shifts due to a shortage of semiconductors, labor union CCOO said. The plant announced it would suspend production from Thursday evening and resume output on Monday, a union representative told Reuters. Opel declined to comment. A chip shortage has
Mercedes-Benz has started production of the EQS SUV as it expands its all-electric lineup in its attempt to catch up to EV front-runner Tesla. The EQS SUV will be the brand’s flagship full-electric SUV and is being built for global markets including Europe at Mercedes’s U.S. plant in Vance, Alabama. It’s the third model based
NEW DELHI — Mercedes-Benz plans to take pole position in India’s luxury electric vehicle market, its country head told Reuters, helping to cement its title as the top-selling luxury car brand and keep ahead of rival Tesla. Mercedes will launch three electric cars in India this year and will be the first company to build
BARCELONA — Ford said it is delaying its production investments in Spain, citing a “revised outlook for Europe” but said it remained committed to its plant in Valencia. The automaker will not ask for a share of Spain’s EU pandemic relief funds to invest in the roll out of EVs by June 2025, Ford said
Chinese autonomous technology startup WeRide is considering an initial public offering that could raise about $500 million, according to people familiar with the situation. The robotaxi company is working with advisers on the potential listing and is weighing venues including the US and Hong Kong, the people said, asked not to be identified discussing a
Mercedes and Nissan’s years-old vehicle and engine-sharing collaboration will move another step toward unraveling in March when production ends at a Tennessee engine plant built specifically to share. Nissan will “suspend operations at the powertrain facility in Decherd pending future product announcements,” Nissan North America spokesman Brian Brockman said of the East Tennessee plant that
PARIS — Production at Renault and Stellantis car plants in France will resume in a more normal manner than at the end of August last year, when chip shortages led to a series of production halts, spokespersons for both companies said. A Renault spokeswoman said the automaker expects production to resume normally in September after
DETROIT — Ford Motor plans to eliminate 3,000 jobs globally this week, according to a letter sent to employees and obtained by Automotive News. The automaker is cutting 2,000 salaried positions and 1,000 agency jobs, CEO Jim Farley and Executive Chair Bill Ford said. Affected employees in the U.S., Canada and India will be informed
STUTTGART — Porsche expects to build as many units of its full-electric Macan compact SUV as the combustion engine version. “We produce more than 80,000 units per year of the current generation. In the long term, we also plan to produce the all-electric Macan on this scale,” production boss Albrecht Reimold told Automotive News Europe
LONDON — The Mulliner Batur coupe gives an early preview of the design language that Bentley is developing for its first full-electric car. The Batur is restricted to just 18 examples and will cost just under 2 million pounds ($2.44 million) in its UK home market. The car has been developed by the Volkswagen Group
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