Even if BMW is denied government help in lowering the i3’s price, the automaker believes the car will succeed because it will be available both as an all-electric vehicle and as an EV with a range extender....More
The primary objective of the scheme is to help the domestic industry recover market share from inexpensive imports, notably by slashing tariffs on parts and materials imported for vehicle assembly....More
Without homegrown automakers that compete on a world stage, how can a nation barely larger than Rhode Island become a world leader in a sector that is struggling to gain a foothold in other mature vehicle markets, such as the U.S.?...More
The EV Taiwan show is being held this week in Taipei, along with three other automotive conferences. Taiwan has 150 companies dedicated to the EV sector manufacturing components such as electric motors, batteries and controls.
Following President Vladimir Putin's call for Russian companies to repatriate their assets to the country, Vadim Shvetsov moved his majority stake in the automaker from Cyprus-based Newdeal Investments to Moscow-based OJSC Erfiks....More
Industry representative Nico Vermuelen says he believes most automakers are in South Africa to stay, as the country has a relatively developed economy and can be used as a base for selling cars in the rest of Africa....More
The survey by the Society of Motor Manufacturers and Traders shows 92% of automotive companies in the region believe EU membership has helped drive production to a 6-year high, among other benefits....More
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