News about automobile industry

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  BYD sends 5,000 electric cars to Europe on new ship

  BYD's new ship "BYD CHANGZHOU" left port on November 29, 2024, carrying 5,000 new energy vehicles. The ship set off from Yantai in China's Shandong province, heading for Bristol in the UK and Rotterdam in the Netherlands.

  Maksim Tropko

  Dec. 4, 2024, 3:41 p.m.
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  Ford Announces Job Cuts in Germany, Sparking Criticism from IG Metall

  Ford plans to cut around 4,000 jobs in Europe, sparking a strong reaction from German union IG Metall.

  Maksim Tropko

  Nov. 29, 2024, 11:43 a.m.
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  Giga Casting Revolutionizes Manufacturing: Tesla's Game-Changing Technique Adopted by Dozens of Carmakers

  Giga casting, a manufacturing process pioneered by Tesla, is being adopted by several other carmakers, including Geely, General Motors, Volvo, and Hyundai. It involves using high-pressure die-casting machines to create large castings from a few main components, simplifying production and reducing costs.

  Evgenii Ushakov

  June 22, 2023, 12:40 p.m.
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  The European Automobile Manufacturers' Association lists seven arguments against the introduction of the Euro 7 emission standard in the automotive industry

  Enforced from July 1, 2025, the new Euro 7 regulations aim to reduce NOx emissions by 35% and lessen tailpipe particulates by 13%, compared to current Euro 6 directives. These targets apply to new cars and light vans; regulations for larger trucks and buses will come into effect in 2027.

  Evgenii Ushakov

  May 5, 2023, 2:37 p.m.
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  CEO of Iveco, a major truck manufacturer, warns against the high cost of synthetic fuels as a sustainable alternative to combustion engines

  Gerrit Marx, CEO of Iveco, warned that relying on expensive e-fuels and electric vehicles could result in people holding onto older, more polluting cars and trucks, turning Europe into a nation of classic cars, similar to Cuba.

  Evgenii Ushakov

  March 29, 2023, 2:22 p.m.
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  LG Chem to build largest cathode plant in US for GM Ultium EV batteries

  LG Chem today announced the signing of a memorandum of understanding with the state of Tennessee to establish a new cathode manufacturing facility in Clarksville with an investment of more than USD 3 billion.

  Evgenii Ushakov

  Nov. 22, 2022, 9:08 p.m.
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  Tesla's Production Cost Per Vehicle Has Decreased From $84,000 In 2017 To Just $36,000

  Contrary to what most people might expect, almost none of the savings came from cheaper battery costs.

  Evgenii Ushakov

  Sept. 14, 2022, 4:26 p.m.