Electric cars


China faces challenge as Europe energises EV market

China faces challenge as Europe energises EV market

(ATF) Car sales in China surged in March – powered by a jump in demand for electric vehicles (EVs) - as the world's biggest car market leads the recovery from the Covid-19 pandemic.Sales reached 2.53 million vehicles in March, up 74.9% year-on-year, data from the China Association of Automobile Manufacturers …

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Hyundai Motor production hit as chip shortage worsens

Hyundai Motor production hit as chip shortage worsens

(ATF) South Korea's Hyundai Motor is expected to see production disrupted starting in April because of the widespread chip shortage affecting automakers worldwide, according to reports on March 24.Hyundai's inventory levels have become tight and the problem will soon start to slow production, the Financial Times reported.The company had been …

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VW expects EVs to account for half of China sales by 2030

VW expects EVs to account for half of China sales by 2030

(ATF) German automobile giant Volkswagen is aiming for electric vehicles (EVs) to account for 70% of European sales and and 50% of China and US sales of its flagship VW marque by 2030.The European figure is double its previous target, prompted by stricter legislation. “We are stepping up the pace. …

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Baidu registers electric car company in next step for Geely venture

Baidu registers electric car company in next step for Geely venture

(ATF) Baidu has registered the electric vehicle (EV) venture which it set up with the help of Chinese automaker Geely, marking another step in the Chinese search engine giant's march into vehicles.According to public information on China's corporate information website qcc.com, Jidu Auto was registered on March 2 with a …

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India tells Tesla: We'll give you the lowest production costs

India tells Tesla: We'll give you lowest production costs

(ATF) India has offered to give Elon Musk the lowest production prices in the world in a bid to try to get him to make electric vehicles in the country, rather than just assemble his cars there. Transport minister Nitin Gadkari said yesterday the country is ready to offer incentives …

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Nissan’s all-EV pledge for key markets by early 2030s 

Nissan’s all-EV pledge for key markets by early 2030s 

Nissan Motor Co has promised that all its "new vehicle offerings" in its key markets across the globe will be electrified by the early 2030s. As part of the Japanese automaker's efforts to achieve carbon neutrality by 2050, it said it will now pursue battery innovations, including as solid-state batteries, …

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