Smart Cars
EV Guru Andy Palmer Cautions Against Hybrid Detour, Urges Auto Industry to Embrace Pure Electric to Stay Ahead of China
December 26, 2024 – Andy Palmer, known as the “godfather of electric vehicles,” has issued a stark warning to automobile manufacturers considering abandoning electric vehicles in favor of hybrid cars. Palmer, who previously served as CEO of Aston Martin and held senior positions at Nissan, sat down for an interview with Business Insider where he…
Electric Car Owners Overwhelmingly Prefer EVs: Less Than 1% Want to Go Back to Gasoline
December 16, 2024 – According to the latest research conducted by the Global Electric Vehicle Drivers’ Alliance (GEVA), an overwhelming majority of electric vehicle owners express extremely high satisfaction with their EVs, with less than 1% willing to switch back to gasoline-powered cars. The comprehensive study, which surveyed 23,254 respondents across 18 countries, revealed that…
German Automotive Industry Faces Job Losses of Up to 186,000 by 2035 Amid Transition
October 30, 2024 – According to a recent study published by the German Association of the Automotive Industry (VDA) on Tuesday, the transformation of the German automotive industry could potentially result in the loss of up to 186,000 jobs by 2035, with approximately a quarter of those positions already eliminated. The study, conducted by Prognos…
Trust in Japanese Manufacturing Eroded: Over 5,000 Companies Face Bankruptcy in Six Months
October 18, 2024 – According to recent data released by the Tokyo Shoko Research Institute, a private research organization in Japan, the number of bankruptcies in the country has surpassed 5000 in the six months from April to September this year, marking a decade-high. Sakata Yoshihiro, the head of the intelligence department at the Tokyo…
Paris Auto Show 2024: Chinese Automakers Step into the Spotlight as Mercedes and Japanese Giants Skip Event
October 14, 2024 – The 90th edition of the Paris Mondial de l’Automobile is set to take place at the Paris Expo Porte de Versailles from October 14th to 20th. As the world’s first auto exhibition, dating back to 1898, its influence in the industry is unquestionable. Looking back at the Paris Auto Show two…
Norway Leads the Way: Electric Car Ownership Tops Gasoline Vehicles
September 20, 2024 – Despite being rich in oil resources, Norway has now emerged as a global leader in vehicle electrification. According to the latest vehicle registration data released by the Norwegian Road Federation (OFV), the country has surpassed a significant milestone with the number of electric cars exceeding that of gasoline-powered vehicles, making it…
Norway Hits New Milestone: Electric Vehicles Account for 94% of Car Sales in August
September 04, 2024 – Norway, a leading producer of oil and gas, has set a new world record in electric vehicle (EV) sales. In August, EVs accounted for a staggering 94% of all car sales in the country, as reported by the Norwegian Road Federation (OFV) on Monday. Among the 11,114 cars sold in August,…
Mercedes-Benz and BMW Embrace Battery Transparency Following Korean Government Recommendation
August 14, 2024 – Following a severe fire incident earlier this month, the South Korean government held a meeting on Tuesday, urging all automobile manufacturers to voluntarily disclose detailed battery information for their electric vehicles (EVs). This information has traditionally been considered confidential within the industry. The incident, which occurred in Incheon, involved a Mercedes-Benz…
Nearly One-Third of European Consumers Favor Chinese Electric Vehicles in Market Survey
June 28, 2024 – Based on a recent market study conducted by McKinsey, a noteworthy trend has emerged in the European electric vehicle (EV) market, indicating that 27% of EV consumers prefer Chinese brands. While the report did not specify the precise reasons behind this preference, the industry has taken keen notice of this growing…