Search Results for: cars

The US Inflation Reduction Act (IRA) is pushing the European Union (EU) and the UK into paying more subsidies to attract battery electric vehicle (BEV) and battery production to Europe.

While the UK’s Advanced Propulsion Center (APC) forecasts 5 million more BEVs globally by 2030, requiring 3,306 gigawatt hours (GWh) in batteries, (1), the US and China may benefit more in production terms.…

The bounce back from Covid-19 lockdowns to the key south-east Asian economies of Malaysia and Singapore have seen robust growth in both countries, boosting paint and coatings sales, although the Malaysian market has some fragility this year.

Economic growth in both ASEAN (Association of Southeast Asian Nations) members have been robust with data from the World Bank showing Malaysia’s GDP expanding from USD337.34 billion in 2020 to USD406.31 in 2022 (1) – its population being 33.5 million people.…

Ukraine’s automotive assembly, parts and sales sectors are continuing to operate, despite the ongoing Russian invasion, which as of June 19 killed 9,083 civilians (UN figures) and crippled Ukrainian manufacturing.  

The country was once an automotive powerhouse within the Soviet Union, producing large volumes of ZAZ and LAZ vehicles.…

Auto repairers and insurers are examining repair techniques for EV batteries involved in road accidents, so that slightly damaged batteries are not written off and junked.

The concern is that with batteries being a dominant and expensive element of EVs, insurance premiums could rise if they cannot be repaired after accidents – making EV purchases even more costly.…

Senior autonomous vehicle experts meeting in Europe have accepted that systems enabling fully autonomous private vehicles are unlikely to become comprehensive until 2050.

Moreover, the ITS European Congress 2023 (on ‘Intelligent Transportation Systems’) was told cooperation was needed to make universal transport autonomy a reality, with automakers working with regulators, transport ministries, researchers, navigation tech providers and other partners.…

While all eyes are on headline investments into conversions of major auto plants for EV production, a key sign that this market is maturing is emerging – the growth of used-vehicle sales for the electric transmission segment. Data from US-based industry consultant Cox Automotive released on April 7 said that American used-EV retail sales via licensed dealerships increased 32% in Q1 2023 year-on-year to 42,753 units.…

Auto major Stellantis is building a major EV clutch transmission operation at its 2 million square meters Italian production plant – the historic former Fiat Mirafiori factory, in Turin – which will make 600,000 devices annually 

Mirafiori will make electrified dual-clutch transmissions (eDCT) for hybrid and plug-in hybrid electric models sold across Europe from H2 2024 at Mirafiori – also the site of a new recycling plant as Stellantis shifts towards a circular economy model.   …

European Union (EU) lawmakers kicking off negotiations on the legal texts mandating the bloc’s future anti-money laundering (AML) framework May 11 are set to clash over key issues, notably the threshold for declaring a beneficial owner (BO).

The negotiations will involve the European Parliament, the EU Council of Ministers and the European Commission.…

US automakers finally have more certainty about the technical rules within the European Union (EU) designed to ensure its 27 member states only allow sales of zero emission vehicles (ZEV) from 2035, but – say American auto industry experts, Chinese competition could be strong.…

The high winds buffeting Ireland, blowing in from the Atlantic Ocean, are providing the island country with a solution to ease its reputation as a laggard in climate action policies required by international agreement and European Union (EU) politics. (1) .…