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Ford investing £150M in Halewood plant to scale up EV portfolio

Green Car Congress

This was supported by BEIS’ Automotive Transformation Fund, which aims to electrify Britain’s automotive supply chain and protect its competitiveness in the global market. Ford’s EV push in Europe supports the acceleration of the company’s global plan for two million annual production of EVs in the same 2026 time frame. billion (US$2.6

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Stellantis-Leapmotor announces global expansion, to enter India by Q4 of 2024 | Autocar Professional

Baua Electric

Carlos Tavares, Stellantis’ global CEO, has announced that Leapmotor will enter the Indian market in Q4 of 2024 as part of Leapmotor International’s global expansion strategy. So, we are entering the execution part of our deal.” The brand will be sold across 200 dealerships in the region.

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The voestalpine Group producing ultra-high strength automotive components in US

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Since 2012, voestalpine has invested more than €100 million (US$140 million) in new plants in China, Germany, Romania, South Africa, and the US. With our new materials, we have managed to produce components that have absolutely unique selling points on a global level. Additional plants and expanded capacity are in the planning stage.

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CLEPA study: EV-only approach would lead to the loss of half a million supplier jobs in the EU

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The study therefore provides a much-needed European-wide assessment and further identifies the risks and opportunities in seven major production countries for automotive components (Germany, Spain, France, Italy, Czechia, Poland, and Romania). Methodology. —Sigrid de Vries, CLEPA Secretary General.

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Chinese-made cars account for one in five BEV sales in February in Europe | Autocar Professional

Baua Electric

According to Felipe Munoz, Global Analyst at JATO Dynamics: “As the economic outlook has continued to improve, the car market has gone from strength to strength. As a result, cars made in China outsold cars made in Italy, Korea, Morocco, and Romania, while also closing the gap between cars made in Turkey and the UK.

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Ford launches production of 1.0-liter EcoBoost engine; could reach 1.3M units per year worldwide in future

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Further global applications for both the 125PS and 100PS variants will be announced by Ford later. European production capacity could increase to up to 700,000 units per year as production of the new small EcoBoost engine at Cologne is joined by Ford’s new engine plant in Craiova, Romania, in manufacturing the new 1.0-litre

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EU new-car market suffers worst performance in over two years

Baua Electric

18 September 2024 Read next Tesla and BYD do battle in July’s global EV market 17 September 2024 EU new-car registrations declined sharply in August, marking their biggest drop since April 2022. Elsewhere, Poland (up 14.8%), Romania (up 8%), Portugal (up 2.5%), the Czech Republic (up 2.3%) and Denmark (up 1.5%) saw growth.