Tesla has historically been the largest beneficiary of consumer subsidies for electric vehicles passed by Biden and previous administrations...
Engineering
Sort by:
Tibnor supplies SSAB Zero steel for shipbuilding in Norway
The Norwegian shipyard will be the first to use SSAB Zero steel for ship construction...
China and the EU confirmed their intention to resolve the dispute over electric vehicles through dialogue
The parties also exchanged views on the investigations into the application of trade protection measures initiated by China in relation to certain...
Thyssenkrupp awarded engineering contract for one of Europe's largest carbon capture projects
Thyssenkrupp Polysius is supplying innovative CO 2 capture technology to TITAN for a large-scale carbon capture project in Greece. Upgrading the...
Chinese electric vehicle technology opens up opportunities for development - Hungarian minister
As M. Nagy emphasized, Europe must accelerate the green transition in the automotive industry, which will also help increase the competitiveness of...
SKF decarbonizes production using Austrian and Swiss steel
Steel is a critical raw material for bearings, and to achieve the necessary changes and speed in the decarbonization of bearing production...
Machinery orders in Germany fell by 12%
According to the industry association VDMA, orders for German engineering companies in the first half of 2024 decreased by 12%...
Porsche downgrades revenue forecast due to aluminum supply problems
The automaker will lose about two billion euros in revenue due to heavy rains in Germany and flooding of the production plant of an important...
Tesla surprises with better than expected car sales
Wedbush Securities analyst Dan Ives believes the worst is behind Tesla, noting signs of improvement in China, where the government recently announced...
Chinese automaker will ask the European Commission to hold hearings on tariff measures against Chinese electric vehicles
The European Commission intruded on commercially sensitive information during its anti-subsidy investigations, including by requiring the company to...
Chinese Yahua Group received a new order from Tesla for the supply of lithium
Tesla and Chinese Yahua signed a three-year contract for the supply of lithium carbonate...
Elon Musk said he is against introducing import duties on Chinese electric cars
According to the American billionaire, neither he nor his company has ever approached the US authorities with a request to impose duties on the...
BMW will invest an additional $2.8 billion in production base in northeast China
In 2026, the first NEUE KLASSE models will roll off the assembly line in Shenyang - a completely new generation of BMW cars...
The global automotive market will grow by 12% in 2023
The largest number in this volume were passenger cars - 65.3 million units (+11.3%). Sales of commercial vehicles increased by 13.3%, to 27.4 million...
Volkswagen increased revenue by 15.5% in 2023, expects growth of 5% this year
Vehicle deliveries last year increased by 11.8% and reached 9.24 million, including electric vehicles - by 35%, to 771 thousand. In Europe, total...
Chinese investment in electric vehicles sets a new record
China could produce 10 million more vehicles per year, equivalent to two-thirds of all North American production in 2022....
DTEK machine builders have released the second roadheader of a new line
Its weight is almost 55 tons - 20% more than previous models, and the electro-hydraulic part is made using components from leading European...
More than 10.5 million new passenger cars were sold in the EU in 2023
The European vehicle market grew last year in all countries of the bloc with the exception of Hungary....
Vestas plans to build a second offshore energy plant in Poland
The new wind turbine blade factory is planned to be located on a site in the northern part of Szczecin, which Vestas acquired in February 2023....
China sets a new record for car production and sales
Car sales in China grew by 27.4% in November 2023...
Volkswagen will launch a base-level electric vehicle platform aimed at the Chinese market in 3 years
The German automaker's total investment in China will exceed a billion dollars, and the new industrial park will employ more than 3,000 people....
China rejects EU accusations of exporting excess electric vehicle capacity
Following accusations of overcapacity in the steel market, China is facing accusations of overproduction of electric vehicles, which could lead to...
Turkish steel distributor Ozkanlar enters electric vehicle sector
Sales of electric vehicles in Turkey have increased significantly recently, increasing by 890% compared to the same period last year...
China will become the world's largest car exporter in 2023
If in 2001 the volume of automobile exports from China in value terms was only 1.56 billion US dollars, then in the first eight months of this year...
Alstom to cut more than 1,300 jobs at UK plant
The union says there is a real risk that the UK will lose an investor like Alstom or the rail industry altogether as a result of mass layoffs at some...
German industrial production fell much more than analysts had forecast in September
German industrial production fell more than expected in September, data showed on Tuesday, as a recent slump in incoming orders weighed on output....
Porsche will use low-CO2 steel from H2 Green Steel
Meanwhile, Porsche says it is increasingly relying on aluminum for lightweight construction, but steel remains a key element...
Toyota hits record production level in September
Production since the beginning of the year increased by 8.2% to 8.51 million units....
Ten Toyota Japan lines suspended due to explosion at Chuo Spring plant
The automaker cannot say when production will resume...
Dneprovagonmash shipped the first modular cars within the framework of the project with the Austrian TransANT
Ukraine is capable of producing railway cars with almost 100% localization. Ukrainian ore is used to smelt steel and rolled sheets, which are then...
