automotive-industry
Top StoriesBmw Bets on Design and Recycling, Not Mining, to Lower Battery Costs
Top StoriesEuro 7 Emissions Proposals, the Sequel Europe’s Carmakers Don’t Want to See
Top StoriesStellantis to Invest 130 Million Euros in German Plant for New Opel Electric Car
TechnologyScratched Ev Battery? Your Insurer May Have to Junk the Whole Car
Porsche Ceo: There Is No Conflict Between E-Mobility and E-Fuels
Date: March 13, 2023
WOLFSBURG (Reuters) – Porsche CEO Oliver Blume characterised the debate over e-fuels as “emotional” and said there was no conflict between electrification and building out e-fuel production during a press call on Monday following the carmaker’s results. Porsche is the strongest advocate for e-fuels as a carbon-free way of driving combustion engine cars among all...
German Minister Says ‘on Right Track’ to Solving CO2-emitting Car Row
Date: March 6, 2023
By Kate Abnett and Andreas Rinke BERLIN/BRUSSELS (Reuters) -Germany’s transport minister is hopeful of a solution to a row with the European Union over the bloc’s law to end sales of new CO2-emitting cars in 2035, he said on Monday. After months of negotiations, the European Parliament, the Commission and EU member states last year...
Renault, Geely Ink Pact With Aramco for Engine Venture
Date: March 2, 2023
(Reuters) -Oil giant Saudi Aramco has agreed to take a minority stake in a new powertrain engine company that French car maker Renault SA and China’s Geely Automobile Holdings Ltd plan to set up jointly, they said on Thursday. Reuters reported in January that Aramco has been involved in advanced discussions to take a stake...
Hybrid Vehicles Market Is Expected to Reach Us$ 1,362.3 Billion by Year 2032
Date: February 23, 2023
Due to the high demand for electric mobility, rising fuel prices, and strict regulations set by governments in various regions, the worldwide market for hybrid vehicles is expanding quickly. Additionally, compared to conventional cars, hybrid vehicles are quieter and more fuel-efficient. NEWARK, Del: The global hybrid vehicles market is expected to create a lucrative growth opportunity over...
Jaguar Land Rover Opens Three European Self-Driving Tech Hubs
Date: February 21, 2023
By Nick Carey LONDON (Reuters) – Luxury carmaker Jaguar Land Rover said on Tuesday it is opening three new engineering hubs in Europe to develop autonomous vehicle technologies as part of its partnership with Silicon Valley artificial intelligence company Nvidia. The hubs in Munich, Bologna and Madrid will develop self-driving systems for JLR’s next generation...
Nissan, Renault to Invest $600 Million to Make 6 New Models in India
Date: February 13, 2023
TOKYO (Reuters) -Nissan Motor Co and Renault SA said on Monday they would invest $600 million to make six new models in India, one of three markets in which the two automakers plan to coordinate closely in a revamped alliance announced last week. The move will help address falling market shares for the Japanese and...