Due to the slowdown in demand for electric vehicles (EVs) in Europe, Ford Motor announced plans to adjust the production schedule of its Cologne plant in Germany to meet the challenges of the current market environment. According to the latest news, Ford will implement a shift system of working one week on and taking one […]
In response to the challenge of declining sales in the European market, Tesla announced the re-launch of free Supercharging service and offered consumers substantial discounts. This move is aimed at boosting its sales in the European market, especially in the face of unsatisfactory sales performance so far this year, Tesla strives to achieve a record […]
According to the European Automobile News, a spokesman for Volkswagen Group on November 12 said the company failed to find a buyer for its Audi factory in Brussels, which may cause the factory to be closed. It is reported that a potential investor […]
Tesla has announced its sixth recall of the year, this time affecting 2,431 units of its highly anticipated Cybertruck electric pickup. The recall is being issued due to a fault in the vehicle’s drive inverter, which could potentially increase the risk of a crash. The affected vehicles were manufactured between November 6, 2023, and July […]
German automotive giant Porsche SE announced its financial results for the first nine months of 2024, revealing a significant decline in net profit. The company reported a 33% drop in after-tax earnings, which fell to €2.5 billion, largely due to the performance of its investments in Porsche and Volkswagen. According to the report, the […]
According to Reuters, on November 12, German Automotive Manufacturers Volkswagen Group and American electric vehicle startup Rivian announced that Volkswagen will increase its investment in RIVIAN, which has increased by 16%to 5.8 billion US dollars to start the two parties to start the two parties. The […]