Automobile companies, suppliers, dealers, as well as technological and financial companies connected to the automotive industry are sounding the alarm. The massive investment in the expansion of the electric car market is not yet sufficiently returning, pure electric cars are sold less than expected. Managers from the industry are losing confidence in more significant growth … Read more
Stellantis is already making a profit from its EV portfolio and, unlike some of the other traditional automakers, has no plans to scale back EV production. This was announced by the company’s executive director, Carlos Tavares, quoted by CNN. His comments come after Ford announced a $4.7 billion loss on EVs for 2023 alone, and … Read more
As the “electric car” fever becomes more widespread around the world, many people forget that they are “not innocent” of causing emissions. In its work, it relies on large “lithium-ion batteries” that require a lot of mining and manufacturing, and extracting the minerals involved in their manufacture, including lithium, cobalt, and nickel, and heating them … Read more
How does a brand new electric Volkswagen ID.3 sound to you for money that wouldn’t even be enough for a Dacia Spring? It’s too good to be true, but that’s the reality of prices in China. However, if you decide to import an electric car from China into Europe, it is quite possible that the … Read more
Every Subaru with an internal combustion engine was capable of delivering a pleasant driving experience. In this review, we also focused on whether the fully electric drive changed anything in this direction. Solterra is Subaru’s first modern electric car. Those interested in it do not have to spend a lot of time choosing it. It … Read more
The attitude of Carlo Tavares, the CEO of Stellantis, who has threatened the closure of the Mirafiori and Pomigliano factories is not surprising if the Italian government does not soon reach into its wallet to support the production of electric cars in Italy with more adequate incentives. His is not arrogance but the determination of … Read more
Electric mobility is the future, but in some places like Portugal it already has a past. The first steps began almost a decade ago. And that is one of the main factors that explains why the country leads Europe in the percentage of electric vehicles sold (including plug-in hybrids), only surpassed by Norway and Sweden. … Read more
Lucid’s stock, in which the investment fund owns a majority stake, collapsed to its lowest historical level, as it closed last week on Friday at $2.71 per share, which is a very low price. The stock lost more than 33% of its value during the current year 2024, while last year it lost approximately 65% … Read more
The market of electric carsin Italy, is struggling to take off: comparing the numbers with those of other European nations, it is clear to see that the energy transition is still behind in our country compared to the continental average. The factors of a market that is not yet able to conquer Italians are many: … Read more
The green car is causing us to crash before it even starts its race. And the risk is that an entire sector will get hurt, which is already put to the test. The most concrete danger signals, in this case, come from neighboring Germany, where the transition to electric cars blessed by the European Union … Read more