Easing supply chain issues and a rapid transition to BEVs have been aiding the UK's car industry and have led to its trade body raising the production forecast from 860,000 cars to about 1 million this year. Source: autonews.com … [Read more...]

The Geely brand, has put its U.S. initial public offering on hold due to a mismatch in valuation expectations, Reuters reported. Source: autonews.com … [Read more...]

The partnership plans at least 1,000 high-power charging stations, with around 7,000 charging piles in expected to be installed by the end of 2026. Source: autonews.com … [Read more...]

VW finalized the sale of the plant and its local subsidiaries to Art-Finance, supported by auto dealer group Avilon, which later renamed the factory to AGR Automotive. Source: autonews.com … [Read more...]

VW finalized the sale of the plant and its local subsidiaries to Art-Finance, supported by auto dealer group Avilon, which later renamed the factory to AGR Automotive. Source: autonews.com … [Read more...]

The overall market will increase just 2.5 percent next year, still well below pre-pandemic levels, but BEV market share is forecast to grow to about 20 percent. Source: autonews.com … [Read more...]

The Bigster will join the Duster, allowing Dacia to cover 80 percent of the addressable market in Europe. Source: autonews.com … [Read more...]

A district court in Stockholm refused to issue a snap injunction that would have forced the Swedish postal service to deliver license plates for Tesla’s cars, postponing a possible temporary ruling on the matter until Friday at the earliest. Source: autonews.com … [Read more...]

Toyota’s planned $2 billion sale of shares in its top supplier Denso cheers investors but also gives the automaker funds to develop an array of next-gen electrification and software tech. Source: autonews.com … [Read more...]

The EU options are delaying tariffs by as many as three years, doing nothing, or introducing a 12-month “cushion,” Bloomberg reported. Source: autonews.com … [Read more...]

Huawei will spin off its Intelligent Automotive Solution (IAS) business unit into a new company which will receive the unit's core technologies and resources. Source: autonews.com … [Read more...]

The first complete overhaul of the best-selling small SUV from Renault's value brand gives it a new platform, hybrid options and crisper styling. Source: autonews.com … [Read more...]

Nio and Geely will look to establish an efficient battery asset management mechanism, build a unified battery swap operation and develop battery swappable vehicles compatible with each other's battery swap systems. Source: autonews.com … [Read more...]

The shuffle is intended to make room at the Vance, Alabama plant for the higher-volume GLC EV. Source: autonews.com … [Read more...]

Former Honeywell executive Mike Nefkens will lead the Dutch mapping company, whose shareholders include Audi, BMW, Mercedes and Bosch. Source: autonews.com … [Read more...]

The new Leaf will have an electric-optimized platform, more range from an energy-dense battery and a design that avoids the ungainly proportions of the first two generations of the compact EV. Source: autonews.com … [Read more...]

Tax benefits have helped support rising sales of electric cars in Denmark, which is one of the European Union’s frontrunners in the transition to electrification. Source: autonews.com … [Read more...]

The sale would mark the latest step by Toyota to unload some of its cross-shareholdings as it ramps up funding for R&D and factory-floor overhauls ahead of future EV production. Source: autonews.com … [Read more...]

Tesla, Skoda and Porsche were among the October sales winners in the Netherlands, while Toyota, Ford, Opel and Peugeot reported significant declines. Source: autonews.com … [Read more...]

Tesla said the Swedish Transport Agency's decision not to let it pick up licence plates blocked by postal workers was 'a unique attack on a company operating in Sweden.' Source: autonews.com … [Read more...]