Slack car demand and new competitors like China’s BYD Co. could force Europe’s manufacturers to shed as many as eight ...
What’s dragging down Germany’s once-dominant auto industry? Rising energy and labor costs, a slow EV transition, and global ...
Voltfang has opened what it claims is Europe’s largest second-life battery storage plant in western Germany, with 250 MWh of annual capacity expected in 2026 and a target of 1 GWh before 2031.
BERLIN (Reuters) -Ford will cut up to 1,000 jobs in electric car production in the German city of Cologne due to weak demand, the U.S. carmaker said in a statement on Tuesday. "In Europe, demand for ...
German industrial output fell much further than expected in August, pushed down by a sharp decrease in car production as ...
Tesla's will use its plant in Brandenburg, Germany to demonstrate a radical overhaul of how its cars are built, as well as making electric car battery cells and battery packs, Chief Executive Elon ...
FRANKFURT, Germany (AP) — Ford Motor Co. said Tuesday it would cut up to 1,000 jobs at its electric auto plant in Cologne, Germany due to lower than expected demand for battery-powered cars. The job ...
The chancellor said he planned to urge the European Union to back off a policy that has been widely interpreted as a ban on ...