Skywell targets 250,000 global EV sales by 2025
Sales target of 250,000 electric and hybrid vehicles a year.
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Energy and raw material cost inflation strong in Asia Pacific region – Moody’s
Other supply side strains include labour shortages and wage pressures.
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Geely’s Volvo Cars cuts 2022 output target due to chip constraints
Disruption expected to last through the second quarter.
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US light vehicle market forecast slashed
GlobalData unit LMC Automotive has revised its US light vehicle market projection for 2022 sharply down.
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Europe’s vehicle market outlook worsens due to Ukraine crisis
GlobalData unit LMC Automotive has cut its forecast for Europe’s light vehicle market in 2022 due to the impacts of…
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BMW lowers 2022 profit margin forecast due to Ukraine disruption
The effects of war in Ukraine are forecast to negatively impact BMW production in 2022, with profit margin dented.
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Will war in Europe accelerate the shift to e-mobility?
As Europe weans itself off a reliance on Russia's energy products, will there be a faster transition from ICE to…
Western Europe’s car market down 5.7% in February
The West European car market continues to struggle in the face of ongoing supply chain shortages.
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