Author: Ivan Popov

The White House has called on Stellantis (STLAM.MI) to uphold its agreements with the United Auto Workers (UAW) and communities affected by plant closures in the United States. White House Press Secretary Karine Jean-Pierre stated on Wednesday that the 2023 agreement between the automaker and the UAW included commitments to reopen and expand production in areas devastated by previous plant closures. “What we want to see is Stellantis certainly deliver on those commitments to the UAW and to the communities,” Jean-Pierre said. The UAW has warned that multiple strikes could be launched by local chapters, accusing Stellantis of failing to…

Hyundai Mobis announced plans on October 16 to establish a new plant in Slovakia dedicated to the production of power electric (PE) systems, a key component in electric vehicles (EVs). This decision follows the signing of an investment agreement with the Slovak government, solidifying Hyundai Mobis’ strategy to expand its electrification business in the European market. Located in the Novaky region, the plant will be Hyundai Mobis’ first European base for producing integrated PE systems, which include motors, inverters, and reducers—essential components that drive EVs. The company is set to invest approximately 350 billion won in this project, with 250…

The new C5 Aircross Concept may have taken center stage at Citroen’s booth, but the French automaker also unveiled a significant update for its compact offerings, the C4 and C4 X. Set to debut in early 2025, these models feature a refreshed design, enhanced comfort, and modernized technology. The 2025 C4 and C4 X showcase a redesigned front fascia, featuring slimmer and boxier split headlights. The previously chrome-infused double chevron grille has been replaced by Citroen’s new oval emblem, giving the models a more contemporary look. The updated bumper boasts a sculpted design with reduced plastic cladding and an aluminum-style…

The European Union’s tariffs on Chinese-made electric vehicles (EVs) could lead to plant closures in Europe, as Chinese manufacturers are expected to build facilities within the region to avoid duties, Stellantis CEO Carlos Tavares warned on Monday. Speaking at the Paris Car Show, Tavares said the EU tariffs could exacerbate overcapacity issues in the European manufacturing sector. “Tariffs are a good communication tool, but they have side effects,” Tavares said. “It increases the overcapacity of the manufacturing system of Europe. The way to avoid custom duties is to build in Europe,” he added. “You are accelerating the need to shut…

Tesla officially unveiled its highly anticipated Robotaxi, the Cybercab, on October 10, during a live event at Warner Bros. Studios in Los Angeles. This fully autonomous vehicle is set to revolutionize passenger travel, according to Tesla CEO Elon Musk. With production expected before 2027 and a starting price of under $30,000, the Cybercab promises to be an affordable and innovative solution for the future of transportation. The Cybercab’s design immediately caught the attention of attendees and viewers during Tesla’s “We, Robot” event. Inspired by the Cybertruck, the vehicle features a futuristic front design with sleek curves reminiscent of Tesla’s other…

At Tesla’s “We, Robot” event, the Robovan made a striking debut, showcasing the company’s bold venture into sci-fi-inspired electric vehicles. While technical details about the Robovan and the similarly teased Cybercab were sparse, CEO Elon Musk did provide insights into one key feature of the Robovan: its adaptive suspension system. The Robovan’s ultra-low ground clearance gave it the appearance of gliding across the stage, with its nearly invisible wheels adding to the futuristic aesthetic. However, this design raised questions about its practical ability to handle uneven or poorly paved roads. Critics humorously likened the vehicle’s sleek design to a kitchen…

Terawatt Infrastructure has launched its first electric vehicle (EV) fleet charging site in Los Angeles, located near Los Angeles International Airport (LAX) in Inglewood. The site features 29 DC Fast Chargers and is designed to support light-duty fleet operators with advanced management tools for optimized charging. The site offers real-time data tracking, energy usage monitoring, and remote maintenance capabilities, aimed at ensuring reliability for fleet operators. The opening of our first full-build EV fleet charging site marks a significant milestone as the industry navigates the transition to electrification,” said Neha Palmer, CEO of Terawatt. “We are fully committed to providing…

The French government announced a reduction in its electric vehicle purchase assistance by one-third in its 2025 budget proposal presented on Thursday. The finance ministry stated that this decision reflects a decrease in the need for subsidies due to economies of scale and advancements in battery technology. “Thanks to the economy of scale and to progress on batteries, the cost of electric vehicles has gone down and their share of total vehicles sold has increased, reducing the need for subsidies,” the ministry said. In 2025, government assistance for the purchase of clean vehicles will decrease to €1 billion ($1.09 billion),…

The BMW Group has reported a 10.1% increase in deliveries of all-electric vehicles (BEVs) in the third quarter of 2024 compared to the same period last year. Across all its brands, BMW delivered a total of 103,440 electric vehicles, marking the second consecutive quarter where six-digit BEV deliveries were achieved. This follows the company’s Q2 record of 107,933 all-electric vehicle deliveries, with the latest quarter representing BMW’s third-best quarter for electric vehicle sales. While BEV deliveries saw a strong year-on-year growth, the performance of BMW’s overall electrified vehicle category, which includes plug-in hybrids (PHEVs), was less impressive. The BMW Group’s…

Indian manufacturer Ashok Leyland has successfully handed over the first units of its AVTR 55T Electric, BOSS 19T Electric, and BOSS 14T Electric trucks to Billion Electric Mobility, a subsidiary of the BillionE Group and sister company to ChargeZone, a prominent Indian charge point operator. The exact number of units in this initial delivery has not been disclosed, but the BillionE Group has placed a substantial order for a total of 180 electric trucks from Ashok Leyland. During the flag-off ceremony, Shenu Agarwal, Managing Director and CEO of Ashok Leyland, highlighted the significance of these models, stating, “BOSS Electric is…

Audi is undertaking a significant restructuring of its vehicle development divisions, introducing a new “collaboration model” to streamline processes and maintain flat hierarchies. The move aims to enhance decision-making efficiency and adapt the company’s product development for future challenges. Audi CEO Gernot Döllner and his project team recently presented the new structure to employees. Audi explained the rationale in a press release, stating that the goal is to “focus development, decision-making, and management structures” to accelerate the overall development process. The restructuring will see a clear separation of strategy, management, and implementation, with product and portfolio strategy reporting directly to…

General Motors will address shareholder apprehensions on Tuesday regarding declining demand for electric vehicles (EVs) and the perceived peak demand for gasoline-powered trucks, which may pose challenges for the automaker. CEO Mary Barra and her executive team are expected to reassure investors during the investor day event in Spring Hill, Tennessee, by emphasizing that profit margins for traditional internal combustion engine (ICE) vehicles have not yet peaked and that EV sales are steadily increasing. Investors are also looking for more insights into GM’s restructuring efforts in China, along with updates on its Cruise autonomous vehicle operations, which have faced difficulties…