According to foreign media reports, the German Association of the Automotive Industry (VDA) said that if Germany wants to achieve the goal of carbon neutrality in road traffic by 2045, it must exceed the emission reduction targets set by the European Union. The VDA said in a statement on August 21 that the targets set by the EU’s Renewable Energy Directive (RED III), adopted at the end of last year, are not high enough. The association’s president, Hildegard Mueller, “called on politicians to create incentives for the accelerated development of renewable energies and thus safeguard and promote investments.” […]
August 24, 2024 – According to the latest data, Malaysia’s auto sales in July 2024 increased by 11% compared to the same period last year. This growth marks a significant rebound for the Malaysian automotive market and reflects a strong resurgence in consumer demand for vehicles. The data reveals that total auto sales in Malaysia reached X units in July this year (specific numbers to be filled based on actual data), up from Y units (specific numbers to be filled based on actual data) in the same month last year, representing an 11% increase. This growth exceeded industry analysts’ expectations, demonstrating strong demand for new cars. Industry experts […]
August 24, 2024 – Volvo Group has announced a significant new order, with global logistics leader DSV set to purchase 300 Volvo electric trucks. This order marks a major milestone for Volvo Group in the electric vehicle sector and highlights DSV’s strong commitment to sustainable transportation solutions. This partnership will help DSV significantly reduce carbon emissions across its global logistics network and enhance the sustainability of its transportation operations. Volvo Group’s electric truck range is renowned for its outstanding performance and environmental benefits, aligning with the current high demands for emission reduction and energy efficiency. The CEO of Volvo Group stated, “We are thrilled to establish this strategic […]
The US National Transportation Safety Board (NTSB) said late on 21 August that it had launched an investigation into a Tesla Semi semi-trailer electric truck that crashed and caught fire on a California highway on 19 August, Reuters and Bloomberg reported. This is reportedly the first time the NTSB has investigated a Tesla electric heavy-duty truck. At around 3 a.m. ground time on 19 August, a Tesla Semi semi-trailer electric truck went off the road and crashed on Interstate 80 near Emigrant Gap in northern California due to an engine fire. The accident caused no injuries, but the […]
According to foreign media reports, on 20 August, the European Commission released a draft final decision on the results of the investigation of China’s countervailing duties on electric vehicles, and adjusted some of the proposed duty rates. According to the EU’s latest plan, will not cooperate with the EU countervailing investigation of the company to add a maximum of 36.3% tax rate, lower than the maximum temporary tax rate of 37.6% set in July; other companies with the investigation (such as Dongfeng Automobile and Weilai Automobile, etc.) generally add a tax rate of 21.3%. In addition, all three Chinese companies that the […]
August 22, 2024 – BMW has announced a major recall affecting more than 720,000 vehicles in the United States due to a potential safety issue. The recall involves several models and production years, addressing a problem that could impact vehicle safety performance. According to a report from the National Highway Traffic Safety Administration (NHTSA), the recall is prompted by a fault in the electronic control module of some vehicles. This issue may cause the airbag system to malfunction, potentially compromising occupant protection in the event of a collision. While no accident reports related to this issue have been received so far, BMW emphasizes that customer safety is its top […]