The European Commission has approved tariffs on Chinese EVs. There are a number of stories behind this:
The trial for ex. Volkswagen Group CEO Martin Winterkorn, has been delayed due to his current ill health. A new timeline is being planned and will be announced in due course. Click this Automotive News Europe article for more.
Fiat has announced that the current pause in production of the 500e will continue for longer, which the company claims is down to the low demand for EVs. Or is it the reduced demand for the 500e? To read more on this, click here for an Autocar article.
SMMT has released the new car registration figures for September. The overall figures are still down significantly on the Before Times, pre-Covid. There has been a lot of things said and written about these which require more than surface level analysis that has occurred. EV numbers were once again good.
But the SMMT is leaning heavily into calling for Government assistance for Private consumers. Which rather counters all the claims that cost is not a driving factor in the growth of EVs not being as fast and large as many expected and hoped. If you wish to learn more, click this SMMT link here. You can also see more on the industry’s calls for help, click this link from The Guardian.
In the past few weeks several car brands have issued warnings on their expected profits. Mercedes, Stellantis, Aston Martin, BMW and Volkswagen for a second time. More can be found on all of that by clicking this Reuters article link here.
