VinFast is coming to Europe in 2022

The Vietnamese car manufacturer VinFast gives more details about its European strategy. According to this, the company’s first two electric cars, the VF e35 and the VF e36, are to make their market debut in three European countries in 2022. VinFast currently develops and manufactures exclusively electric scooters and electric buses in its own production […]

Renault retools Douai plant for electric Mégane

Preparations are underway at the Renault plant in Douai for series production of the Mégane E-Tech Electric, due out in the first half of 2022. Renault Group says it is investing more than 550 million euros in the production facilities there and in improved workplace ergonomics. The conversion of production from combustion engines to electric […]

Renault confirms Renault 5 to launch in 2024

Renault will launch the production version of the all-electric Renault 5 Prototype in 2024. This was confirmed by the French manufacturer during the presentation of the concept car at the IAA Mobility. There had already been corresponding media reports in January. At that time, there was also the possibility that the production version could come […]

Faurecia acquires majority stake in Hella electronics

The French automotive supplier Faurecia has acquired a 60 per cent stake in the German lighting and electronics specialist Hella. The two companies aim to expand their market positions together, particularly in key growth areas such as electromobility. By combining their activities, Faurecia and Hella will become the seventh-largest automotive supplier worldwide. After taking over […]

Lucid Motors plans to launch in Germany in 2022

California-based electric car startup Lucid Motors plans to begin delivering its cars in Germany next year, as the new Country Manager Roberto Russo, confirmed to electrive. Also in 2022, the Air sedan is to arrive in other European countries too. That Lucid was planning to enter the German market had been rumoured for a few […]

Audi to switch to agency sales model in 2023

Audi wants to begin selling its electric cars via the agency model from 2023, which VW has already been relying on since the start of its new electrification initiative last year. At Audi, the changeover is to take place “in a staggered manner in key European markets starting in 2023”. Hildegard Wortmann, Member of the […]

Renault plans to cover the entire BEV value chain

Renault is accelerating its electric strategy and has presented a comprehensive strategy package under the name “Renault Eways Electropop”. This not only includes new sales targets, but also further details on the French company’s platform and technology strategy. Renault Group’s new sales targets for Europe are 65 per cent electrified vehicles by 2025 and up […]

STMicroelectronics to supply Renault & Arrival

Semiconductor manufacturer STMicroelectronics has forged two new partnerships in the eMobility sector: both the Renault Group and the British developer Arrival will be relying on semiconductor products from the Swiss group in their electric vehicles in future. STMicroelectronics has entered into a strategic cooperation with Renault. The core of the cooperation is “the development, manufacture […]