Tesla’s CEO Elon Musk had strong words for the activists that targeted the automaker’s German plant this week. An electricity pylon was set on fire near the site, causing a power outrage expected to last into next week.
The arrival of the UK’s spring Budget did not put a spring into the steps of auto industry figures, many of whom were disappointed about the absence of financial incentives to help boost EV uptake. The head of the SMMT said the omission was a “missed opportunity.”
Here's a question many are asking and it is well contextualised by Peter Campbell of the Financial Times.
🔋Can anyone stop BYD?🔋
— Peter Campbell (@Petercampbell1) February 29, 2024
🚘<€30k BYD in Europe next year
🚘Stellantis says it can make €20k EV
🚘Dacia boasts "nothing superfluous" in <€20k Spring
🚘Renault confirms VW talks
BUT
"China prices are so low...Europe is paradise for them"
W/@JoshGD: https://t.co/DBh2mXtVY0
Nice feature from CNBC on the ups and downs at Fisker. WIll Nissan come to the rescue?
EV startup Fisker is fighting for survival https://t.co/43IwHeBysp
— CNBC (@CNBC) March 8, 2024
Automaker Stellantis is betting on South America, announcing $5.6 billion investment into the region. It will help support the development of some 40 new products.
Polestar and Tesla have quit Australia’s main auto lobby in protest over the organisation's criticism of proposed federal vehicle emissions regulations.
The US Court of Appeals for the District of Columbia ruled in favour of five major tech firms over alleged support of child labour in the Democratic Republic of Congo.
