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Despite the trials and tribulations of recent years, European light vehicle (LV) sales and production have largely shared the same fate.
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The energy crisis and higher prices have the potential to act as a significant drag to auto sales this year and beyond.
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Domestic sales plunged by 33% while exports continued to grow strongly.
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The ID.UNYX 08 has been developed jointly with Xpeng.
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The cheaper R2 in Standard trim won’t be available until 2027.
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Some 31% identified increased investment in automation and robotics as a key response to rising cost and competitive pressures.
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The robotaxi was developed through Motional’s collaboration with Hyundai and is designed specifically for ride-hailing services.
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Low-cost facility to target major global EV manufacturers.
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