The UK Government’s Zero Emission Vehicle (ZEV) Mandate targets EV share numbers and will fine OEMs for non-compliance. The industry now expects the UK’s BEV car market share to be 18.7% in 2024, ...
GlobalData’s analysts outline ten key trends shaping the world’s auto industry in 2025.
Nissan and Honda have signed a memorandum of understanding (MoU) to start discussions that could lead to a merger of the two companies. They said in a statement that they are discussing a ‘business ...
VW said the agreement will achieve sustainable cost savings for Volkswagen AG of more than €15 billion per year in the medium term. Of this, over €4 billion per year will come from the present ...
Germany, Italy, and the Czech Republic have reportedly urged the European Union to halt financial penalties for carmakers that fail to meet the EU emissions targets starting in 2025.
Toyota Motor North America (TMNA) has partnered with WeaveGrid to ensure seamless integration of Toyota BEVs and PHEVs with the electric grid.
South Korea’s Hyundai Motor is reportedly in talks with Samsung Electronics to manufacture automotive chips for self-driving vehicles.
GlobalData reports that the ASEAN Light Vehicle (LV) market declined by 2% year-on-year (YoY) in October 2024 and 7% YoY from January to October as a whole.
Taiwan’s electronic components giant Hon Hai Precision Industry Company Ltd, more widely known as Apple’s iPhone subcontractor Foxconn, is in talks to acquire all or some of Renault ’s stake in Nissan ...
Volkswagen and labour unions are inching closer to a deal to restructure the brand without shutting down German factories.
However, the UK diesel market is already rather small, and so no clear impact was observed. However, diesel could be more widely at threat in 2025 as not only is a more stringent ZEV mandate due to ...