Europe's faltering bid for battery sovereignty took another damaging turn this month after Automotive Cells Company, the continent's second-largest cell manufacturer, moved to permanently abandon two planned gigafactories — a decision its chief executive described as unavoidable given Brussels' failure to match industrial rhetoric with meaningful support. ACC chief executive Yann Vincent said it would be "totally irresponsible" to proceed with factories in Kaiserslautern, Ger

BYD Co. is deploying an aggressive discounting strategy across Germany, cutting prices on key models by as much as 41 per cent as China's largest electric vehicle maker escalates its campaign to dislodge established European marques from their home turf. The Shenzhen-based manufacturer has reduced the list price of its Atto 2 Boost plug-in hybrid by €11,500, a direct discount of 29 per cent. When combined with Germany's €4,500 state subsidy for plug-in vehicles, the effective

Renault Group presented its full-year 2025 financial results on February 19, with shares dropping nearly six percent as the French automaker warned of continued margin pressure from Chinese brands and European rivals in its core markets. The company delivered revenue of €57.9 billion, up three percent year-on-year, and achieved a 6.3 percent operating margin with €3.6 billion operating profit. However, the margin declined from a record 7.6 percent the previous year, and Renau

Stellantis, the world's fourth-largest automaker, is quietly reintroducing diesel engines across at least seven European car and van models, a strategic about-turn that underscores just how badly the industry's electrification timetable has collided with commercial reality. The reversal, which began in late 2025 under new chief executive Antonio Filosa, spans models from the Peugeot 308 and DS No. 4 hatchback to a swathe of commercial vehicles including the Opel Combo, Citroë

The European Commission has granted Volkswagen AG the first exemption from punitive duties on a China-manufactured electric vehicle, a landmark concession that could open the door for Chinese automakers to pursue similar deals with Brussels. The Commission confirmed on Tuesday that it had accepted a price undertaking from Volkswagen (Anhui) Automotive Co., allowing the Cupra Tavascan compact SUV to bypass the 20.7 per cent countervailing duty imposed on battery-electric vehic

Europe's traditional automotive powerhouses are confronting their most severe structural challenge in decades, as mounting evidence suggests Chinese manufacturers are accelerating their conquest of the continent's electric vehicle market. Industry data released this week shows Chinese brands now command nearly 11 percent of Europe's EV sales, double their share from two years ago. BYD, Geely, and SAIC are leading the charge, leveraging substantial cost advantages and increasi