A new robotaxi service is coming to Croatia, courtesy of Rimac, the country’s largest supercar company. The service will be called Verne, named after French writer and poet Jules Verne, and will launch in Zagreb in 2026, the company said. It’s an interesting pivot for a company that has been on a rocket trajectory in … Read more
Neil Winton is a Senior Contributor for Forbes, writing about the automotive industry in general and electric cars in particular. The opinions expressed are his own. He was previously European Auto Correspondent for Reuters, wrote the European Perspective column for the Detroit News and contributed to the Wall Street Journal. If you have just taken … Read more
Bugatti has unveiled its replacement for the legendary Chiron, the Tourbillon. Showcased at a star-studded world premiere in Molsheim, France, the all-new hypercar marks a complete departure from the brand’s iconic W16 engine. This time it’s electrified, with the help of Mate Rimac, the unstoppable force behind the all-electric Nevera, the fastest accelerating hypercar in … Read more
Leapmotor’s first T03 small electric vehicles rolled out of Stellantis’ assembly plant in Poland last week and were on track for mass production in September, according to Reuters. (A Leapmotor T03 on display at the Beijing Auto Show in April 2024. Image credit: CnEVPost) Leapmotor International, a joint venture between Chinese electric vehicle (EV) manufacturer … Read more
German automakers such as BMW, Mercedes-Benz and Volkswagen could be hit hard by retaliatory tariffs because they all have huge production plants in China. ADVERTISEMENT Germany could try to stop the European Union from imposing higher tariffs on Chinese electric vehicles (EVs), which will reportedly come into effect on July 4, or at least weaken … Read more
So what are the details, how will this impact the industry and will it affect the price of cars at the dealer’s gas station? What are the rates? The tariffs are aimed at countering alleged state aid to China’s auto industry, which allows exported vehicles to be sold at lower prices than those of global … Read more
Stay informed with free updates Simply log in to the Trade disputes myFT Digest – delivered straight to your inbox. Brussels is pushing ahead with Chinese tariffs on electric vehicles expected to raise more than 2 billion euros a year, ignoring German government warnings that the move risks sparking a costly trade war with Beijing. … Read more
Tata Steel bosses have raised concerns about the impact the UK general election on July 4 could have on the £1.25 billion plans at the Port Talbot facility. The company said it is “concerned” following media reports on Monday, June 10, about the heavy asset closure and restructuring program. which was outlined earlier this year. … Read more
Image source, Getty Images Image caption, Chinese companies could make electric cars for 25% less than their European and American rivals Item information Author, Theo Leggett Role, BBC International Business Correspondent 1 hour ago With China accused of selling electric cars at artificially low prices, the European Union is widely expected to hit them with … Read more
Falling private demand for electric vehicles (EVs) has dominated headlines throughout the year, fueling car owners’ concerns about the high cost of the switch. Automotive industry data provided by industry body Society of Motor Manufacturers and Traders (SMMT) showed sales to private buyers fell 7.7 percent in April. This week’s SMMT data showed a similar … Read more