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European Carmakers Eye Expansion In India Amid Suzuki, Homegrown Domination
European carmakers, squeezed by U.S. tariffs and price wars in China, will get a welcome boost from an EU-India trade deal that sharply drops tariffs on car imports, but face a tough market dominated by homegrown firms and compact Japanese "kei cars.
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EU Fines 15 Major Carmakers $495 Million Over Vehicle Recycling Cartel
The European Commission on Tuesday fined 15 major carmakers and an industry group a total of about 458 million euros ($495 million) for taking part in a cartel over vehicle recycling.
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EU's Chips Act Said to Get Approval on April 18, Likely to Cut EU's Reliance on US and Asian Semiconductors
The European Union's EUR 43 billion (nearly Rs. 3,84,120 crore) plan to boost its semiconductor industry and catch up with the United States and Asia is likely to get the green light from EU countries and lawmakers on April 18, people with direct knowledge of the matter said on Wednesday. The European Commission announced the Chips Act last year in...
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Solid-State EV Batteries Could Cut Carbon Emissions by 29 Percent, Climate Group Says
Electric vehicles that run on solid-state batteries could have a 29 percent lower carbon footprint, according to a climate group. The European group has called for incentives to reduce carbon footprint in the new EV battery regulations being finalised by the European parliament and EU member states — while carmakers like BMW and Ford are working ...
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EV Battery Output Bigger Challenge Than EU Combustion Engine Ban, Says VW
VW has said it will stop selling combustion engine cars in the region by the target, but some carmakers further behind in the race to develop EVs such as Toyota may struggle to meet the target.
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European Union To Toughen Emissions Test For Hybrid Cars - Report
The new methodology could mean some carmakers, who in 2021 sold almost as many plug-in hybrids in Europe as they did battery-electric vehicles (BEVs), would need to sell more BEVs to meet EU emissions targets and avoid sizeable fines.
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European Union To Toughen Emissions Test For Hybrid Cars - Report
The new methodology could mean some carmakers, who in 2021 sold almost as many plug-in hybrids in Europe as they did battery-electric vehicles (BEVs), would need to sell more BEVs to meet EU emissions targets and avoid sizeable fines.
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Daimler's Spanish Unit Can Be Liable For Cartel Damages, EU Court Adviser Says
Daimler's Spanish unit can be liable for damages sought by companies affected by the German carmaker's role in a truck cartel fined by EU antitrust regulators five years ago, an adviser to Europe's top court said on Thursday.
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PSA Boss Sees More Auto Deals, And Some Failures, In Electric Shift
The head of Peugeot maker PSA Group expects more consolidation in the auto industry as carmakers invest vast sums to make electric vehicles, he said on Monday, while predicting some wouldn't make it through the coming decade.
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Fiat, PSA To Win EU Approval For $38 Billion Merger: Report
Fiat Chrysler and PSA are set to win EU approval for their $38 billion merger to create the world's No.4 carmaker, people close to the matter said, as they strive to meet the industry's dual challenges of funding cleaner vehicles and the global pandemic.
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European Carmakers Eye Expansion In India Amid Suzuki, Homegrown Domination
European carmakers, squeezed by U.S. tariffs and price wars in China, will get a welcome boost from an EU-India trade deal that sharply drops tariffs on car imports, but face a tough market dominated by homegrown firms and compact Japanese "kei cars.
-
EU Fines 15 Major Carmakers $495 Million Over Vehicle Recycling Cartel
The European Commission on Tuesday fined 15 major carmakers and an industry group a total of about 458 million euros ($495 million) for taking part in a cartel over vehicle recycling.
-
EU's Chips Act Said to Get Approval on April 18, Likely to Cut EU's Reliance on US and Asian Semiconductors
The European Union's EUR 43 billion (nearly Rs. 3,84,120 crore) plan to boost its semiconductor industry and catch up with the United States and Asia is likely to get the green light from EU countries and lawmakers on April 18, people with direct knowledge of the matter said on Wednesday. The European Commission announced the Chips Act last year in...
-
Solid-State EV Batteries Could Cut Carbon Emissions by 29 Percent, Climate Group Says
Electric vehicles that run on solid-state batteries could have a 29 percent lower carbon footprint, according to a climate group. The European group has called for incentives to reduce carbon footprint in the new EV battery regulations being finalised by the European parliament and EU member states — while carmakers like BMW and Ford are working ...
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EV Battery Output Bigger Challenge Than EU Combustion Engine Ban, Says VW
VW has said it will stop selling combustion engine cars in the region by the target, but some carmakers further behind in the race to develop EVs such as Toyota may struggle to meet the target.
-
European Union To Toughen Emissions Test For Hybrid Cars - Report
The new methodology could mean some carmakers, who in 2021 sold almost as many plug-in hybrids in Europe as they did battery-electric vehicles (BEVs), would need to sell more BEVs to meet EU emissions targets and avoid sizeable fines.
-
European Union To Toughen Emissions Test For Hybrid Cars - Report
The new methodology could mean some carmakers, who in 2021 sold almost as many plug-in hybrids in Europe as they did battery-electric vehicles (BEVs), would need to sell more BEVs to meet EU emissions targets and avoid sizeable fines.
-
Daimler's Spanish Unit Can Be Liable For Cartel Damages, EU Court Adviser Says
Daimler's Spanish unit can be liable for damages sought by companies affected by the German carmaker's role in a truck cartel fined by EU antitrust regulators five years ago, an adviser to Europe's top court said on Thursday.
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PSA Boss Sees More Auto Deals, And Some Failures, In Electric Shift
The head of Peugeot maker PSA Group expects more consolidation in the auto industry as carmakers invest vast sums to make electric vehicles, he said on Monday, while predicting some wouldn't make it through the coming decade.
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Fiat, PSA To Win EU Approval For $38 Billion Merger: Report
Fiat Chrysler and PSA are set to win EU approval for their $38 billion merger to create the world's No.4 carmaker, people close to the matter said, as they strive to meet the industry's dual challenges of funding cleaner vehicles and the global pandemic.
