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Volkswagen's employee council says the automaker plans to close at least 3 German plants

Volkswagen plans to close at least three plants in Germany due to market pressures.

EU votes in favor of massive tariffs on Chinese EVs. Here's what it means

EU greenlights steep tariffs on Chinese electric cars to protect local industry despite German opposition.

Europe Expected to Approve Higher Tariffs on Electric Cars From China

European countries plan to increase tariffs on Chinese electric cars to protect their local manufacturers.

Volvo EX30 Made In Belgium May Still Be Affordable. Here's Why

The Volvo EX30 aims to remain affordable despite production relocation to Belgium due to tariffs, leveraging local logistics savings.

The Chevy Malibu Was So Uncool It Was Cool

General Motors is discontinuing the Chevrolet Malibu model to focus on SUVs and electric cars.

Opinion | The Cars of the Future Are Boring

Electric-car optimism at an inflection point
Electric cars facing challenges beyond cost and infrastructure

Volkswagen's employee council says the automaker plans to close at least 3 German plants

Volkswagen plans to close at least three plants in Germany due to market pressures.

EU votes in favor of massive tariffs on Chinese EVs. Here's what it means

EU greenlights steep tariffs on Chinese electric cars to protect local industry despite German opposition.

Europe Expected to Approve Higher Tariffs on Electric Cars From China

European countries plan to increase tariffs on Chinese electric cars to protect their local manufacturers.

Volvo EX30 Made In Belgium May Still Be Affordable. Here's Why

The Volvo EX30 aims to remain affordable despite production relocation to Belgium due to tariffs, leveraging local logistics savings.

The Chevy Malibu Was So Uncool It Was Cool

General Motors is discontinuing the Chevrolet Malibu model to focus on SUVs and electric cars.

Opinion | The Cars of the Future Are Boring

Electric-car optimism at an inflection point
Electric cars facing challenges beyond cost and infrastructure
moreautomotive-industry

Londoners can win a decade of free Uber rides next month

Uber launches a competition for a decade of free Uber Green trips in London, using luxurious electric cars like the Lotus Eletre.

Decoding China: Baerbock's bruising battle with Beijing DW 10/11/2024

Germany opposes EU tariffs on Chinese electric cars, signaling internal coalition conflict and a nuanced stance on China.
#elon-musk

Tesla Scored A Win Against BYD

Tesla's upcoming Robotaxi Day is pivotal for showcasing its autonomous driving vision.
Tesla rebounded in Q3 2024 with impressive global sales despite fierce competition.
from Futurism
3 months ago

Trump Says He Supports Electric Cars Now That Elon Musk Endorses Him

Trump claims to support electric cars due to Elon Musk's endorsement, showcasing the influence of wealthy elites in politics.
from New York Post
8 months ago

Elon Musk reacts to Apple's decision to kill electric car project

Elon Musk reacts to Apple's Project Titan demise
Apple's shift from electric car project to AI division

Tesla Scored A Win Against BYD

Tesla's upcoming Robotaxi Day is pivotal for showcasing its autonomous driving vision.
Tesla rebounded in Q3 2024 with impressive global sales despite fierce competition.

Trump Says He Supports Electric Cars Now That Elon Musk Endorses Him

Trump claims to support electric cars due to Elon Musk's endorsement, showcasing the influence of wealthy elites in politics.

Elon Musk reacts to Apple's decision to kill electric car project

Elon Musk reacts to Apple's Project Titan demise
Apple's shift from electric car project to AI division
moreelon-musk

renault and ora ito electrify 1970s-era R17 with retro-futuristic concept

Renault collaborates with Ora Ïto to unveil the R17, an electric concept car that blends classic design with modern technology.

We Drive The Electric Bentley Blower Junior

Hedley Studios' Bentley Blower Junior offers a road-legal, electric, scaled-down version of a classic car for enthusiasts without millions to spend.
#global-warming

Opinion | This Is Not What Trump Had in Mind

Fracking has environmental downsides, but its role in energy independence and cost reduction is debated.

Fewer Electric Vehicles Will Qualify for Federal Tax Credits in 2024

Efforts to fight global warming may be hindered by new rules that reduce the number of electric cars eligible for federal tax credits.
The stricter rules stem from the Inflation Reduction Act and aim to encourage automakers to manufacture vehicles and parts in North America.

Dutch government outlines new package to reduce emissions

The Dutch government unveiled a new package Wednesday to slash carbon emissions by promoting clean energy, sustainable homes and industry and the use of electric cars among other a raft of measures to combat climate change.Climate and Energy Minister Rob Jetten said the package would cost a total of 28 billion euros in coming years and lead to a reduction of 55%-60% reduction in carbon emissions by 2030 compared to 1990 benchmark levels.

Opinion | This Is Not What Trump Had in Mind

Fracking has environmental downsides, but its role in energy independence and cost reduction is debated.

Fewer Electric Vehicles Will Qualify for Federal Tax Credits in 2024

Efforts to fight global warming may be hindered by new rules that reduce the number of electric cars eligible for federal tax credits.
The stricter rules stem from the Inflation Reduction Act and aim to encourage automakers to manufacture vehicles and parts in North America.

Dutch government outlines new package to reduce emissions

The Dutch government unveiled a new package Wednesday to slash carbon emissions by promoting clean energy, sustainable homes and industry and the use of electric cars among other a raft of measures to combat climate change.Climate and Energy Minister Rob Jetten said the package would cost a total of 28 billion euros in coming years and lead to a reduction of 55%-60% reduction in carbon emissions by 2030 compared to 1990 benchmark levels.
moreglobal-warming

Xpeng releases MONA M03 electric cars with heat-insulating skylight and adjustable interior

Xpeng introduces MONA M03, an electric car series focusing on user comfort and customizable interior space.

Bad Blood' Stalks a Lithium Mine in Serbia

Europe's quest for lithium for electric car batteries is causing local unrest in Serbia due to environmental concerns.
#china

How China Built Tech Prowess: Chemistry Classes and Research Labs

China's dominance in electric cars and other technology sectors is rooted in earlier discoveries from university laboratories in Texas.

Post-Brexit watchdog ready' to investigate flood of cheaper Chinese electric cars

The UK's Trade Remedies Authority (TRA) is prepared to investigate Chinese electric car companies flooding the market, but the government has not requested it to do so.
The European Commission has already launched an investigation into Chinese electric vehicles (EVs).
from www.nytimes.com
8 months ago

How China Built BYD, Its Tesla Killer

BYD has become a major player in the electric car market, surpassing Tesla in worldwide sales.
BYD's rapid growth is attributed to China's embrace of electric cars, which make up a significant portion of the country's car market.
from www.nytimes.com
10 months ago

Why Volkswagen Is Building a Team of 3,000 Engineers in China

Volkswagen is increasing its focus on electric car manufacturing in China to match the speed and efficiency of Chinese electric car companies.
Volkswagen is hiring a team of nearly 3,000 Chinese engineers to design electric cars at its industrial complex in Hefei, China.

How China Built Tech Prowess: Chemistry Classes and Research Labs

China's dominance in electric cars and other technology sectors is rooted in earlier discoveries from university laboratories in Texas.

Post-Brexit watchdog ready' to investigate flood of cheaper Chinese electric cars

The UK's Trade Remedies Authority (TRA) is prepared to investigate Chinese electric car companies flooding the market, but the government has not requested it to do so.
The European Commission has already launched an investigation into Chinese electric vehicles (EVs).

How China Built BYD, Its Tesla Killer

BYD has become a major player in the electric car market, surpassing Tesla in worldwide sales.
BYD's rapid growth is attributed to China's embrace of electric cars, which make up a significant portion of the country's car market.

Why Volkswagen Is Building a Team of 3,000 Engineers in China

Volkswagen is increasing its focus on electric car manufacturing in China to match the speed and efficiency of Chinese electric car companies.
Volkswagen is hiring a team of nearly 3,000 Chinese engineers to design electric cars at its industrial complex in Hefei, China.
morechina
#range

The EV1 Was GM's First Modern EV. This Retro Review Shows How Far We've Come

General Motors is successfully increasing production of modern electric cars, offering models with over 300 miles range and competitive pricing with tax credits.

Thinking Of Buying An Electric Car? Here Are Five Critical Things To Consider

Consider electric cars with a range exceeding your needs, as ranges vary based on driving conditions, ensuring preparedness for unforeseen circumstances.

The EV1 Was GM's First Modern EV. This Retro Review Shows How Far We've Come

General Motors is successfully increasing production of modern electric cars, offering models with over 300 miles range and competitive pricing with tax credits.

Thinking Of Buying An Electric Car? Here Are Five Critical Things To Consider

Consider electric cars with a range exceeding your needs, as ranges vary based on driving conditions, ensuring preparedness for unforeseen circumstances.
morerange

Hyundai Ioniq 5 Is 'Modern Retro' While Tesla Model Y Is A 'Frog'

The Hyundai Ioniq 5 is positioned as a strong competitor to the Tesla Model Y in the electric crossover market.

Watch Rimac Nevera Destroy A Ferrari SF90 'This Thing's Nuts!'

The Rimac Nevera is the fastest production electric car with incredible specs, setting new records and dominating races against competitors like Ferrari.

German court orders stronger action to tackle air pollution DW 07/23/2024

German court orders government to strengthen air quality program to meet European pollution targets.

See The $71,000 Electric Roadster That Americans Can't Buy

Europe often has exclusive access to unique and cool electric cars, like the MG Cyberster, showcasing innovative features and Chinese EV manufacturing influence.

Is The Old Tesla Model 3 Still Relevant? I Drove 1,100 Miles To Find Out

The original Tesla Model 3 remains a strong contender in the electric car market even after being on sale for seven years.

Kia Global EV Retail Sales Surged In April 2024

Kia's global vehicle sales in April up 0.6% YoY, surpassing 1 million in first four months. All-electric car sales surged, expecting further growth with new models.

World's Top 5 EV Automotive Groups Ranked By Sales: Q1 2024

The top five automotive groups accounted for over half of plug-in car sales, with growth in registrations but decreased market share.

Electric cars slump further as diesel sales soar - CSO

Despite an overall increase in car sales in Ireland, electric car registrations experienced a significant decline, posing challenges for achieving the government's goal of electric vehicles making up 30% of privately-owned cars by 2030.
#tesla
from BBC News
6 months ago
Tech industry

Have the wheels come off for Tesla?

Tesla's initial success is being challenged by falling sales, competition, and product issues, leading to significant workforce cuts and financial setbacks.

SAP hits brakes on Tesla company car deal

SAP, a German software company, has decided not to buy new electric cars from Tesla due to delivery delays and price fluctuations.
SAP's fleet manager stated that the company will no longer acquire company cars from Tesla.
Tesla's shares plummeted following a decrease in price targets and lower delivery expectations.

Have the wheels come off for Tesla?

Tesla's initial success is being challenged by falling sales, competition, and product issues, leading to significant workforce cuts and financial setbacks.

SAP hits brakes on Tesla company car deal

SAP, a German software company, has decided not to buy new electric cars from Tesla due to delivery delays and price fluctuations.
SAP's fleet manager stated that the company will no longer acquire company cars from Tesla.
Tesla's shares plummeted following a decrease in price targets and lower delivery expectations.
moretesla

China's Electric Cars Keep Improving, a Worry for Rivals Elsewhere

Chinese automakers are introducing advanced electric cars to global markets, emphasizing technological improvements for customer appeal and international competitiveness.

Auto advice: Are electric cars cheaper to fuel than a petrol or diesel car?

Charging at home is the cheapest way to fuel an electric car.
Total cost of ownership includes purchase price, charging, taxes, insurance, and maintenance.
#uk-market

UK's top 10 electric cars & best in each category

Toyota Yaris is the UK's favorite electric car model.
Toyota manufactures six out of the top ten favorite electric cars in the UK.

Electric car prices to fall in UK amid competition from Chinese companies

Electric cars in the UK are expected to become cheaper in 2024 due to a price war driven by Chinese manufacturers entering the market.
Chinese electric car brands like BYD and GWM are projected to capture a significant portion of new electric car sales in the UK by 2030.

Electric car prices to fall in UK amid competition from Chinese companies

Electric cars in the UK are expected to become cheaper in 2024 due to a price war driven by Chinese manufacturers entering the market.
Chinese electric car brands like BYD and GWM are projected to capture a significant portion of new electric car sales in the UK by 2030.

UK's top 10 electric cars & best in each category

Toyota Yaris is the UK's favorite electric car model.
Toyota manufactures six out of the top ten favorite electric cars in the UK.

Electric car prices to fall in UK amid competition from Chinese companies

Electric cars in the UK are expected to become cheaper in 2024 due to a price war driven by Chinese manufacturers entering the market.
Chinese electric car brands like BYD and GWM are projected to capture a significant portion of new electric car sales in the UK by 2030.

Electric car prices to fall in UK amid competition from Chinese companies

Electric cars in the UK are expected to become cheaper in 2024 due to a price war driven by Chinese manufacturers entering the market.
Chinese electric car brands like BYD and GWM are projected to capture a significant portion of new electric car sales in the UK by 2030.
moreuk-market

Nissan accused of dumping its electric car pioneers

Nissan app for older electric cars to stop
Customers disappointed with Nissan's decision
2G network technology changes impacting Nissan vehicles

Used car market up as EV sales reach record levels

The UK's used car market grew by 5.1% in 2023, with 7,242,692 transactions.
Superminis were the most popular used car body type, followed by cars in the lower medium segment and dual purpose vehicles.

The Guardian view on the Tory low tax, free trade pitch: a hard sell in a world that needs neither | Editorial

The UK has required 22% of new cars sold in 2024 to be electric, driving a price war in electric cars.
China's generous subsidies for electric cars could lead to a loss of manufacturing prowess and jobs in the UK.

Electric car prices to fall in UK amid competition from Chinese companies

Electric cars in the UK are expected to become cheaper in 2024 due to a price war driven by Chinese manufacturers entering the market.
Chinese electric car brands like BYD and GWM are projected to capture a significant portion of new electric car sales in the UK by 2030.

German firm starts remote-driving car service in Las Vegas DW 01/17/2024

German remote-driving startup Vay has launched its first commercial service in Las Vegas, renting out electric cars controlled by remote human drivers.
The company sees a "massive use case" for remote driving functions, envisioning a future where every vehicle is equipped with teledriving capabilities.

The new Honda logo is yet another blast from the past

Honda has unveiled an updated 'H' logo for its new electric cars.
The new logo is a flatter, simpler version that is reminiscent of the brand's 1961 original.

Are electric cars too expensive to tempt motorists away from petrol and diesel vehicles?

Electric cars are often criticized for being too expensive compared to traditional petrol and diesel cars.
The upfront cost of electric cars is higher but is expected to decrease as manufacturers produce affordable mass-market electric vehicles.
#electric cars

Why the EU now plans to delay post-Brexit tariffs on electric vehicles

The European Commission is likely to propose a three-year delay on post-Brexit tariffs on electric cars.
Carmakers fear that exports between the UK and EU would be hit by 10% tariffs due to rules of origin aiming to reduce China's dominance of the global battery industry.

Electric vehicle drivers face massive spike in parking charges in central London

Proposed changes to parking charges in central London could result in higher fees for visitors driving electric cars.
Conservative councillors are concerned that these changes could undermine efforts to reduce CO2 emissions and particulate emissions.
from www.dw.com
11 months ago

Decoding China: EU, China headed for challenging summit DW 12/01/2023

Chinese-made electric cars are becoming popular globally, pushing out established car producers from Europe, Japan, and the US.
Chinese electric car prices are kept artificially low due to huge state subsidies, leading to complaints of market distortion by the EU.
from WSJ
11 months ago

What Is the Future for Carbon Capture Technology?

Understanding electric car driving range is important when considering purchasing an EV.
Factors that affect electric car range include weather conditions, driving habits, and vehicle efficiency.
Maximizing electric car range can be done by driving at steady speeds, reducing energy-consuming features, and using regenerative braking.
from www.independent.co.uk
11 months ago

Watchdog lowers forecast for sales of electric cars

The Office for Budget Responsibility has lowered its forecast for the sale of electric cars.
The availability of public charging points and upfront costs are major factors impacting the adoption of electric vehicles.
The delay in the ban on new petrol and diesel sales may result in consumers delaying a switch to electric cars.

Why the EU now plans to delay post-Brexit tariffs on electric vehicles

The European Commission is likely to propose a three-year delay on post-Brexit tariffs on electric cars.
Carmakers fear that exports between the UK and EU would be hit by 10% tariffs due to rules of origin aiming to reduce China's dominance of the global battery industry.

Electric vehicle drivers face massive spike in parking charges in central London

Proposed changes to parking charges in central London could result in higher fees for visitors driving electric cars.
Conservative councillors are concerned that these changes could undermine efforts to reduce CO2 emissions and particulate emissions.

Decoding China: EU, China headed for challenging summit DW 12/01/2023

Chinese-made electric cars are becoming popular globally, pushing out established car producers from Europe, Japan, and the US.
Chinese electric car prices are kept artificially low due to huge state subsidies, leading to complaints of market distortion by the EU.

What Is the Future for Carbon Capture Technology?

Understanding electric car driving range is important when considering purchasing an EV.
Factors that affect electric car range include weather conditions, driving habits, and vehicle efficiency.
Maximizing electric car range can be done by driving at steady speeds, reducing energy-consuming features, and using regenerative braking.

Watchdog lowers forecast for sales of electric cars

The Office for Budget Responsibility has lowered its forecast for the sale of electric cars.
The availability of public charging points and upfront costs are major factors impacting the adoption of electric vehicles.
The delay in the ban on new petrol and diesel sales may result in consumers delaying a switch to electric cars.
moreelectric cars
#people

"If the majority of electric cars are dull, this is an opportunity" says Maserati CEO

Maserati CEO Davide Grasso explains how the Italian luxury car brand is seeking to ensure its electric vehicles are just as fun to drive as those with combustion engines in a conversation with Dezeen.Speaking at a roundtable event in London, Grasso responded to a question from Dezeen about the common perception that electric cars are boring compared to combustion engine cars.

Jay Inslee Sees Greener Pastures Ahead

Jay Inslee has been in elected office so long that he served in Congress during the tail end of the George H.W. Bush administration.On Monday Mr. Inslee, 72, announced that he would not seek a fourth term as Washington State's governor, ending a nearly 30-year career in elected office.He went to Congress as a centrist Democrat and evolved into a fierce critic of the Iraq war and later of President Donald J. Trump.

How to Reframe the Narrative About Car Dependency

Photo: <a href="https://unsplash.com/photos/jVWxLStmxPU"ClayLeconey, CC
"Roadway safety is a shared responsibility, and people in cars and outside of cars play an equal role in keeping each other safe.""Sprawl is good, actually, because it means people can have big, beautiful houses and some quality alone time on their daily commutes."

What's Different About the New Federal E-Bike Credit Proposal

A popular proposal for a federal e-bike credit is back in front of Congress - and this time, supporters have hard proof of concept that it will be the emissions-slashing, congestion-cutting, mode-shifting tool that Americans deserve.On Tuesday, a coalition of lawmakers led by Rep. Jimmy Panetta (D-Calif.)

German bid to tweak EU gas car phase-out peeves partners DW 03/21/2023

When negotiators from the EU member states, European Commission and the European Parliament struck an ambitious deal to stop selling internal combustion engine cars by 2035 one evening in October, Frans Timmermanns the bloc's top climate official was among many tweeting to celebrate."Let's go full speed ahead!" the European Commission vice-president wrote.

Letters: Proposed amendments to Illinois' Crematory Regulation Act would hurt families

State Rep. Anthony DeLuca of Chicago Heights has introduced House Bill 1367, which seeks to amend the Crematory Regulation Act in a way that could have devastating and long-term effects on many people in the state of Illinois.I read through the bill as presented, and, as an Illinoisan, I have deep concerns about what this bill is aiming to do and the possible effects it will have on families, funeral homes and hospitals.

"If the majority of electric cars are dull, this is an opportunity" says Maserati CEO

Maserati CEO Davide Grasso explains how the Italian luxury car brand is seeking to ensure its electric vehicles are just as fun to drive as those with combustion engines in a conversation with Dezeen.Speaking at a roundtable event in London, Grasso responded to a question from Dezeen about the common perception that electric cars are boring compared to combustion engine cars.

Jay Inslee Sees Greener Pastures Ahead

Jay Inslee has been in elected office so long that he served in Congress during the tail end of the George H.W. Bush administration.On Monday Mr. Inslee, 72, announced that he would not seek a fourth term as Washington State's governor, ending a nearly 30-year career in elected office.He went to Congress as a centrist Democrat and evolved into a fierce critic of the Iraq war and later of President Donald J. Trump.

How to Reframe the Narrative About Car Dependency

Photo: <a href="https://unsplash.com/photos/jVWxLStmxPU"ClayLeconey, CC
"Roadway safety is a shared responsibility, and people in cars and outside of cars play an equal role in keeping each other safe.""Sprawl is good, actually, because it means people can have big, beautiful houses and some quality alone time on their daily commutes."

What's Different About the New Federal E-Bike Credit Proposal

A popular proposal for a federal e-bike credit is back in front of Congress - and this time, supporters have hard proof of concept that it will be the emissions-slashing, congestion-cutting, mode-shifting tool that Americans deserve.On Tuesday, a coalition of lawmakers led by Rep. Jimmy Panetta (D-Calif.)

German bid to tweak EU gas car phase-out peeves partners DW 03/21/2023

When negotiators from the EU member states, European Commission and the European Parliament struck an ambitious deal to stop selling internal combustion engine cars by 2035 one evening in October, Frans Timmermanns the bloc's top climate official was among many tweeting to celebrate."Let's go full speed ahead!" the European Commission vice-president wrote.

Letters: Proposed amendments to Illinois' Crematory Regulation Act would hurt families

State Rep. Anthony DeLuca of Chicago Heights has introduced House Bill 1367, which seeks to amend the Crematory Regulation Act in a way that could have devastating and long-term effects on many people in the state of Illinois.I read through the bill as presented, and, as an Illinoisan, I have deep concerns about what this bill is aiming to do and the possible effects it will have on families, funeral homes and hospitals.
morepeople

After Warmth From Biden, South Korea's Leader Faces a Different Tune at Home

President Yoon Suk Yeol went to Washington to reset South Korean diplomacy by drawing closer to the United States and taking a larger role on the international stage.If the warmth of his reception there was the gauge of success, he did well.President Biden welcomed him as my friend.Mr. Yoon belted out American Pie while the crowd whooped along during the White House dinner.

After Warmth From Biden, South Korea's Leader Faces a Different Tune at Home

SEOUL President Yoon Suk Yeol went to Washington to reset South Korean diplomacy by drawing closer to the United States and taking a larger role on the international stage.If the warmth of his reception there was the gauge of success, he did well.President Biden welcomed him as my friend.Mr. Yoon belted out American Pie while the crowd whooped along during the White House dinner.
#electric-vehicles

All new cars in the EU will be zero-emission by 2035. Here's where the U.S. stands

Electric cars charge at a hub in downtown Milan on March 23.Starting in 2035, all cars sold in the European Union will be zero-emission vehicles.Gabriel Bouys/AFP via Getty Images European Union member states gave final approval Tuesday to a plan that would require all new cars sold in the EU to be zero-emission vehicles starting in the year 2035.

LG Will Spend $5.5 Billion on a Battery Factory in Arizona

A South Korean battery manufacturer said it would quadruple its planned investment in a new factory in Arizona to meet growing demand from automakers who are trying to ramp up production of electric cars and trucks.The company, LG Energy Solution, said it would invest $5.5 billion to build the manufacturing complex near Phoenix, where it plans to make batteries for electric vehicles in 2025 and for energy storage systems the following year.

Ford to cut one in five jobs in the UK

Ford has announced plans to cut 1,300 jobs in the UK over the next two years, a fifth of its total workforce in the country.It is part of a major restructuring programme that will see the carmaker cut 3,800 jobs overall across Europe.Ford is cutting back on development staff as it faces an uncertain economic future and prepares for the transition to electric vehicles.

All new cars in the EU will be zero-emission by 2035. Here's where the U.S. stands

Electric cars charge at a hub in downtown Milan on March 23.Starting in 2035, all cars sold in the European Union will be zero-emission vehicles.Gabriel Bouys/AFP via Getty Images European Union member states gave final approval Tuesday to a plan that would require all new cars sold in the EU to be zero-emission vehicles starting in the year 2035.

LG Will Spend $5.5 Billion on a Battery Factory in Arizona

A South Korean battery manufacturer said it would quadruple its planned investment in a new factory in Arizona to meet growing demand from automakers who are trying to ramp up production of electric cars and trucks.The company, LG Energy Solution, said it would invest $5.5 billion to build the manufacturing complex near Phoenix, where it plans to make batteries for electric vehicles in 2025 and for energy storage systems the following year.

Ford to cut one in five jobs in the UK

Ford has announced plans to cut 1,300 jobs in the UK over the next two years, a fifth of its total workforce in the country.It is part of a major restructuring programme that will see the carmaker cut 3,800 jobs overall across Europe.Ford is cutting back on development staff as it faces an uncertain economic future and prepares for the transition to electric vehicles.
moreelectric-vehicles

Why Canada's Banks Remain Stable and Resilient'

If inflation and rising interest rates weren't enough to cause anxiety about the global economy, bank failures, or near collapses, have been added to the mix.But once again, Canada's banking system has come out, so far, looking reassuringly sober and stable.Image Six large banks dominate Canada's market.Credit...Ian Austen/The New York Times The dismal banking news continued through the week.

Germany meets 2022 greenhouse gas emissions target DW 03/15/2023

13 minutes ago13 minutes ago Germany produced 10 million tons of greenhouse gases less than expected last year, a report says.But, individually, the energy and transport sectors are still failing to make a sufficient contribution to the cuts.Germany's greenhouse gas emissions fell by 1.9% in 2022 compared to the previous year, according to a preliminary report released by the Federal Environment Agency (UBA) Wednesday.

California billionaire ramps up attack on Elon Musk's Tesla with Super Bowl ad

A California billionaire has ramped up attacks on Tesla by running a Super Bowl ad questioning the safety of the carmaker's self-driving technology.The 30-second commercial shows the electric cars crashing into child-sized mannequins, driving past a stopped school bus and hitting strollers in a parking lot while a narrator proclaims that "Tesla's Full Self-Driving is endangering the public."
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