According to Bloomberg and Reuters, preliminary industry data released by British Automobile Manufacturers and Trade Associations (SMMT) show that in November this year, the number of new British vehicles registered decreased by 1.9%year -on -year to 153,610 units. Pure electric vehicles rose 58.4%year -on -year to 38,581 vehicles, and […]
Feintool, a Swiss automotive supplier, said on December 2 that it would close one of its plants in Germany and lay off up to 200 people due to weak demand for electric vehicles and uncertainty about the transition to renewable energy. Feintool plans to reorganize the production of motor rotors and stators and announced that […]
Preliminary industry data released by the Society of Motor Manufacturers and Traders (SMMT) showed that in November this year, new car registrations in the UK fell 1.9% year-on-year to 153,610, but due to record discount levels, the UK’s pure electric vehicles soared 58.4% year-on-year to 38,581, and the overall market share exceeded the prescribed target […]
Sajjan Jindal, chairman and family owner of Indian steelmaker JSW, said JSW plans to launch its own electric car brand, marking the company’s entry into India’s growing electric car industry. Before announcing plans to launch an electric car brand, JSW announced in March this year a $1.5 billion joint venture with SAIC Motor to produce […]
According to foreign media reports, on December 3, the European Commission called for an EU fund with an additional 1 billion euros (about $ 1.1 billion) to support electric vehicle battery manufacturing because the current electric vehicle industry is facing pressure. The European Commission stated that […]
According to foreign media reports, Lisa Brankin, chairman of the Ford Motor British Branch, called on the British government to provide a consumption incentive of up to £ 5,000 for each electric car. At present, global auto manufacturers are facing new challenges. It […]