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 the overall market share also exceeded the prescribed target for the first time. The traffic research institution New Automotive said that one quarter of the new vehicles registered in the UK in November this year were pure electric vehicles, which was the highest share in the British monthly electric vehicle […]
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 it will close the unprofitable plant in Sachsenheim near Stuttgart, while moving most of the production to the Tokod plant in Hungary. In its stamping business unit, Feintool will focus on electrical lamination stamping. The research and development and tool making center and automated automotive production will be concentrated in Vaihingen near Sachsenheim. Feintool said […]
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 for the first time. New AutoMotive, a transportation research organization, said that a quarter of the new cars registered in the UK in November this year were pure electric vehicles, which was the highest monthly electric vehicle market share in the UK in the past two years. New AutoMotive said that the latest data shows […]
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 is difficult for them to profit from the electric vehicle business, because the competition from Chinese affordable electric vehicles is very fierce, and in different markets, consumers’ demand for electric vehicles is also poor. together. Brankin said that the government provides direct support for consumers to purchase zero -emission vehicles, […]
According to foreign media reports, Sajjan Jindal, the chairman and family owner of Indian steel manufacturer JSW, said that JSW plans to launch its own electric car brand, which marks that the company will become an important participant in India’s growing electric vehicle industry. Prior to the announcement of the plan to launch an electric vehicle brand, JSW announced in March this year that it would set up a $ 1.5 billion joint venture with SAIC Group in March this year to produce and sell the MG brand electric vehicle in the Indian market. […]
According to foreign media reports, General Motors will generate two more than 5 billion US dollars of costs and assets due to its Chinese business, one of which is related to business reorganization, and the other reflects the decline in the value of joint ventures. On December 4, GM said in a securities filing document that it is expected that the value of its joint venture in China will be reduced by $ 2.9 billion, and the cost of another $ 2.7 billion will be expected to close the factory and reorganize it. Business in China. […]