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Europe’s biggest EV market is about to hit a perfect storm of problems

Baua Electric

Germany’s VDA, an interest group for the country’s automobile industry, says that battery-powered vehicles are likely to see a decline from 524,000 units last year – more than any other European market – to 451,000 units this year. For comparison, the US produced 1.1 million BEVs in 2023 to Germany’s 1.2

Market 52
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German OEMs to upgrade emissions control on 5.3M Euro 5 and 6 diesels, contribute to €500M Sustainable Mobility fund

Green Car Congress

Left to right: Rupert Stadler (Audi), Dr. Herbert Diess (Volkswagen), Matthias Müller (Volkswagen), Dr. Dieter Zetsche (Daimler), Harald Krüger (BMW), Matthias Wissman (President of VDA). The industry is now required to bring a convincing range of alternative drives and mobility solutions to market maturity on this basis. …

Diesel 150
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The EV Transition Explained: Reshaping Labor Markets

Cars That Think

President Biden says his EV policies will result in “one million new jobs in the American automobile industry. For example, Daimler AG and Audi reportedly have eliminated 20,000 jobs, while auto supplier Bosch will be laying off 1,000 workers in a move to support vehicle electrification. One million.”. Neither does the U.S.

Market 86