Biden proclaimed an “electric revolution” and got lost on stage

Speaking about the electric car industry, Biden did not stint on epithets. He expressed words of pride in an industry that was predicted to die. The middle class, in his opinion, deserved the maximum honors for these successes. More than 10 million Americans are personally employed by Biden in automobile factories. .

Professor Akim assessed the import substitution trends in the Russian car market

The consumer sector seems to be the hardest hit by import restrictions, where the cost of products is rising, while availability and quality are falling. According to Mikhail Akim, this is especially clear in the automotive sector, where certain trends have emerged since the start of sanctions. .

Electric vehicle manufacturers have markedly increased prices in recent months

U.S. electric car makers have markedly increased their prices in recent months amid rising costs and rising customer demand, The Wall Street Journal reports. In particular, Tesla, Ford, GM, Rivian, and Lucid raised prices on some of their models. For example, GM last week increased the price of GMC Hummer electric pickups by $6,250. Now … Read more

BMW invests €1bn in electric vehicle engines

Today, June 20, the German automaker BMW announced that before the end of the decade it will invest €1 billion in the production of engines for electric vehicles in Steyr, Austria. Every second engine for BMW cars is produced there – about a million units a year. By 2025, the production of new generation electric … Read more

In Moscow, dismantled the sign of the former Renault plant

On May 25, a sign was removed from the facade of the former Renault plant on Volgogradsky Prospekt in Moscow. In addition, all logos of the French company were removed. Last week, an agreement was signed on the transfer of Russian assets to Renault. The share in AvtoVAZ was transferred to FSUE NAMI, the Renault … Read more

Tesla delivered 310,000 electric vehicles in the first quarter

Tesla reported yesterday, April 2, on the production and supply of electric vehicles in the first quarter of this year. According to the report, in the first three months of the year, the company produced 305.4 thousand vehicles, which is almost 70% higher than the production volume for the same period last year. During the … Read more

Volvo and Starbucks to build U.S. EV charging network

Today, March 15, Starbucks coffee chain and the US division of the Swedish automaker Volvo Car announced the start of a joint project to create a network of charging stations for electric vehicles in the United States. In the summer, the companies plan to install 15 Starbucks roadside coffee shops on the highway between Denver … Read more