Europe's electric vehicle manufacturers face intensifying battery supply bottlenecks as domestic cell production lags far behind demand projections, threatening the continent's ability to meet 2035 combustion engine phase-out targets whilst reducing dependence on Asian suppliers. Northvolt's financial difficulties have sent shockwaves through the industry. The Swedish battery manufacturer, once heralded as Europe's answer to Chinese dominance, filed for Chapter 11 bankruptcy

As the legal dispute between Beep and Benteler family princeling Casper Benteler escalates, Benteler's companies are using legal technicalities in Liechtenstein in an attempt to have the lawsuit thrown out - despite Beep acting in line with the Guarantee Agreement that Benteler previously signed.   The current flashpoint is part of a New York lawsuit that American autonomous vehicle software company Beep has brought against two companies controlled by Casper Benteler, Bentele

The European Union has escalated its trade measures against Chinese electric vehicles as the Carbon Border Adjustment Mechanism enters full implementation from January 1, 2026, with plans to expand coverage to automobiles and auto parts from 2028. China's Ministry of Commerce responded this week to the EU's latest legislative proposals and implementation rules for the controversial policy, which aims to align the carbon cost of imported products with the bloc's internal prici

Stuttgart's legendary sports car manufacturer unveiled plans for multi-billion euro cost reductions as incoming leadership confronts plummeting Chinese sales and margin pressure that has shattered Porsche's reputation as the Volkswagen Group's profit engine. The restructuring programme, disclosed Monday as Oliver Blume prepares to depart after a decade at Porsche's helm, marks an abrupt reversal for a marque that commanded premium pricing power throughout the combustion era y

Traditional automotive component manufacturers are intensifying investments in software capabilities and digital services as the industry's value migration threatens established business models built on mechanical engineering expertise. Bosch announced plans to double its automotive software workforce to 40,000 employees by 2027, acknowledging that software-defined vehicles fundamentally alter supplier economics. The German conglomerate reported that software and electronics

Volkswagen closed a production facility on home soil for the first time in its near nine-decade existence this week, halting operations at its Dresden factory as Europe's largest carmaker grapples with mounting financial pressures and collapsing market share in China. The last vehicle—a red ID.3 GTX signed by workers—rolled off the production line at the glass-walled "Transparent Factory" on Tuesday, bringing an end to 23 years of manufacturing at the showcase site on the ban