#Europe EV market

[techdriveplay]

What Percentage of Cars Sold in 2023 Were Electric?

The automotive industry has been rapidly shifting towards electric vehicles (EVs), driven by increasing environmental concerns, technological advancements, and government incentives. The year 2023 marked a significant milestone in this transition. This transition has raised the question: What Percentage of Cars Sold in 2023 Were Electric? Let’s dive into the data to understand the impact and…

[diagnozabam]

Tesla contestă taxele UE pentru mașinile electrice produse în China

Tesla a anunțat că a depus o contestație la Curtea de Justiție a Uniunii Europene (CJUE) împotriva taxelor vamale impuse vehiculelor electrice fabricate în China. Prin această acțiune, Tesla se alătură unor producători auto de renume, inclusiv BMW, care contestă noile tarife impuse de Uniunea Europeană. Taxe vamale de până la 35.5% pentru mașinile electrice din China Uniunea Europeană a introdus…

[awesome-casuallyfamouscollector]

EVs were supposed to be the future. Not everyone is buying it | DW News

P.S. Despite pledges and targets to move electric vehicles down the road, recent second quarter earnings from big car companies show loses. Ford and Stellantis are both struggling, and a majority of car companies are losing money on each electric vehicle sold -- no matter if it's a battery or plug in. Will big auto makers step away from electric or simply diversify their portfolios(..)

P.S. Of course, not everyone will buy it! First look at the horrible price tag or miserable range performance of "affordable" EVs, then ask how you will charge your EV's battery on a daily basis and on a long trip, how much money you will spend repairing your EV, and how much legacy automakers support their EV buyers and charging networks.

If you study the behaviour of legacy automakers in the electric car market, it becomes obvious that there is a lot of noise and little substance in what legacy automakers do. Electric car buyers, especially mass market buyers, are NOT interested in buying badly overpriced low volume compliance EVs that can't be easily charged anywhere...

The market of rich EV enthusiasts and lovers of "green" ideas in Europe is already quite saturated with expensive electric cars and the salaries of Norwegians or Swedes are far from affordable for everyone...many Europeans cannot afford even the cheapest new ICE vehicle, so it is important to answer the question whether there will be it is possible to drive a lot and repair used and heavily used electric cars...

Non-Tesla EV charging networks are real pain in the ass...Right now, the correct term for non-Tesla EV buyers' concern is not "range anxiety" but a "charger anxiety"...

[mohitbisresearch]

The Europe second-life EV batteries market was valued at $188.3 million in 2023 and is expected to reach $5,859.5 million by 2033, at a CAGR of 40.93% during the forecast Period 2024-2033.

[head-post]

Musk’s Tesla joins court challenges to EU tariffs on Chinese EVs

Tesla has joined a class action lawsuit by a group of Chinese carmakers, including BYD, SAIC and Geely, suing the European Union over the imposition of tariffs on Chinese electric vehicles.

Tesla operates the Gigafactory Shanghai plant in China, where it produces EVs for local and global markets, including European countries. The lawsuit stems from the EU imposing tariffs on Chinese electric vehicles, the lowest of which is 8 per cent.

Other carmakers, including SAIC, were subject to 35% tariffs, which ultimately caused outrage and prompted the lawsuit. The European Commission claims that “as a result of a year-long anti-subsidy investigation, the regulator has gathered evidence of Beijing ’s support for China’s electric car industry to take a leading position in the world.”

The European Commission believes it has more evidence than the US and Canada, which apply a 100 per cent tariff on electric cars made in China. Tesla is demanding the tariffs be lifted.

World reaction

Reaction to this news in the auto industry world has been mixed. European manufacturers, especially from Germany, France and Italy, expressed support for the tariffs, seeing them as a defence against competitors from China. At the same time, some countries and companies within the EU oppose these measures, fearing retaliatory steps from China and aggravation of trade relations.

Experts note that this trial may become a turning point in relations between the EU and China in the context of the global electric car industry. China has already declared its readiness to take retaliatory action if the EU does not roll back its tariffs, which could lead to a new trade war.

Free trade and environmental advocates have also called for a compromise, pointing to the importance of the availability of electric vehicles to meet the goals of reducing emissions and moving towards carbon neutrality.

The outcome of this litigation could have a significant impact not only on EU-China trade relations, but also on global trends in electric transport.

Read more HERE

[evehiclesaura]

Western Auto Giants Grapple with the Onslaught of Affordable Chinese EVs in Europe

As the saying goes, a new wave is sweeping through the automotive industry, and this time, it is electric. But there’s a new twist in the tale – the arrival of inexpensive Chinese electric vehicles (EVs) that has started to unsettle Western car manufacturers. This shifting landscape has particularly nudged France’s Renault to rethink its strategies and ultimately, declare a significant goal:…

[liberalsarecool]

Only 9,945 Tesla EVs were registered in Europe, down from 18,161 a year ago in January, per the European Automobile Manufacturers’ Association. Meanwhile, overall electric vehicle sales jumped 37.3%, indicating that EV demand was strong but just not for Tesla. Germany, the UK, and the Netherlands saw the biggest gains in EV sales.

Musk will destroy Tesla so he can tweet stupid shit for incels to froth over.

Musk's wealth is a mirage. The dominoes will tumble. Leveraged wealth in down markets trigger margin calls. Hope Musk goes to zero.

[carsthatnevermadeitetc]

Honda 0 Saloon Prototype, 2025. The second of Honda's new 0 series, the 0 Saloon will be based on the newly developed dedicated EV architecture that includes Level 3 automated driving technology. The production model of the Honda 0 Saloon is scheduled to be introduced first in the North American market in 2026, then in global markets, including Japan and Europe. 

[fatehbaz]

In fact, far more Asian workers moved to the Americas in the 19th century to make sugar than to build the transcontinental railroad [...]. [T]housands of Chinese migrants were recruited to work [...] on Louisiana’s sugar plantations after the Civil War. [...] Recruited and reviled as "coolies," their presence in sugar production helped justify racial exclusion after the abolition of slavery.

In places where sugar cane is grown, such as Mauritius, Fiji, Hawaii, Guyana, Trinidad and Suriname, there is usually a sizable population of Asians who can trace their ancestry to India, China, Japan, Korea, the Philippines, Indonesia and elsewhere. They are descendants of sugar plantation workers, whose migration and labor embodied the limitations and contradictions of chattel slavery’s slow death in the 19th century. [...]

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Mass consumption of sugar in industrializing Europe and North America rested on mass production of sugar by enslaved Africans in the colonies. The whip, the market, and the law institutionalized slavery across the Americas, including in the U.S. When the Haitian Revolution erupted in 1791 and Napoleon Bonaparte’s mission to reclaim Saint-Domingue, France’s most prized colony, failed, slaveholding regimes around the world grew alarmed. In response to a series of slave rebellions in its own sugar colonies, especially in Jamaica, the British Empire formally abolished slavery in the 1830s. British emancipation included a payment of £20 million to slave owners, an immense sum of money that British taxpayers made loan payments on until 2015.

Importing indentured labor from Asia emerged as a potential way to maintain the British Empire’s sugar plantation system.

In 1838 John Gladstone, father of future prime minister William E. Gladstone, arranged for the shipment of 396 South Asian workers, bound to five years of indentured labor, to his sugar estates in British Guiana. The experiment with “Gladstone coolies,” as those workers came to be known, inaugurated [...] “a new system of [...] [indentured servitude],” which would endure for nearly a century. [...]

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Bonaparte [...] agreed to sell France's claims [...] to the U.S. [...] in 1803, in [...] the Louisiana Purchase. Plantation owners who escaped Saint-Domingue [Haiti] with their enslaved workers helped establish a booming sugar industry in southern Louisiana. On huge plantations surrounding New Orleans, home of the largest slave market in the antebellum South, sugar production took off in the first half of the 19th century. By 1853, Louisiana was producing nearly 25% of all exportable sugar in the world. [...] On the eve of the Civil War, Louisiana’s sugar industry was valued at US$200 million. More than half of that figure represented the valuation of the ownership of human beings – Black people who did the backbreaking labor [...]. By the war’s end, approximately $193 million of the sugar industry’s prewar value had vanished.

Desperate to regain power and authority after the war, Louisiana’s wealthiest planters studied and learned from their Caribbean counterparts. They, too, looked to Asian workers for their salvation, fantasizing that so-called “coolies” [...].

Thousands of Chinese workers landed in Louisiana between 1866 and 1870, recruited from the Caribbean, China and California. Bound to multiyear contracts, they symbolized Louisiana planters’ racial hope [...].

To great fanfare, Louisiana’s wealthiest planters spent thousands of dollars to recruit gangs of Chinese workers. When 140 Chinese laborers arrived on Millaudon plantation near New Orleans on July 4, 1870, at a cost of about $10,000 in recruitment fees, the New Orleans Times reported that they were “young, athletic, intelligent, sober and cleanly” and superior to “the vast majority of our African population.” [...] But [...] [w]hen they heard that other workers earned more, they demanded the same. When planters refused, they ran away. The Chinese recruits, the Planters’ Banner observed in 1871, were “fond of changing about, run away worse than [Black people], and … leave as soon as anybody offers them higher wages.”

When Congress debated excluding the Chinese from the United States in 1882, Rep. Horace F. Page of California argued that the United States could not allow the entry of “millions of cooly slaves and serfs.” That racial reasoning would justify a long series of anti-Asian laws and policies on immigration and naturalization for nearly a century.

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All text above by: Moon-Ho Jung. "Making sugar, making 'coolies': Chinese laborers toiled alongside Black workers on 19th-century Louisiana plantations". The Conversation. 13 January 2022. [All bold emphasis and some paragraph breaks/contractions added by me.]

[darkmaga-returns]

Volkswagen Group CEO Oliver Blume was booed by a crowd of 20,000 employees after stating that the company is not “operating in a fantasy world.” The company already saw 100,000 union members walkout on Monday. “As management we’re not operating in a fantasy world. We are making decisions in a rapidly changing environment,” Blume stated. But the fantasy of climate change is indeed what the company is operating under.

Blume said that Volkswagen must begin to offload vehicles to Chinese consumers. Why would Chinese consumers by a European EV when they can purchase a Chinese model for a fraction of the cost? I recently discussed how even American auto CEOs were praising the technological advances of Chinese EVs. China was once a large market for Germany’s auto exports but that has changed since the government applied countless regulations in the name of climate change.

Then Volkswagen had its emissions scandal where it falsified emissions testing to sell to US consumers. I wrote in 2015: “This event appears to highlight the turning point of 2015.75; in hindsight, we will probably look back at this turning point as the start of a serious economic decline that will strike Europe’s biggest economy. The German car industry is the largest and what is unraveling is a taint upon all German cars, which is unfair. This involved diesel only. Nonetheless, things are never always fair.”

Now the company is looking to cut pay for 120,000 workers. Operating profits have fallen by 11.4% and they simply cannot continue producing these EVs at the same pace they were producing dreaded fuel-powered cars because the demand is not there. The government is actively preventing the auto industry from flourishing. It is a fantasy to believe that the German auto industry can continue adhering to the country’s climate change objectives that believe it can reduce carbon emissions by 65% within the next 5 years.

Yet another reason why the entire European Union is facing a recession. Germany is the bread and butter of the EU – the economic powerhouse. You had 17% of all GDP in Germany derived from the auto industry in 2023, and now the nation’s top auto manufacturer is struggling to make a profit.

[justinspoliticalcorner]

Melissa Ryan at Ctrl Alt Right Delete:

On Saturday, February 15, I was standing outside a Tesla dealership in the heart of Seattle with a sign that said “BigBalls can lick Deez Nuts” and a photo of DOGE dipshit Edward “BigBalls” Coristine. As about 80 of us stood on the street chanting and yelling, an older couple stopped to compliment my sign. They were out for a walk after their breakfast and wondered what the fuss was about. I told them if they wanted to join us, they could hold my sign. To my surprise, they grabbed the sign and spent the next hour happily waving it at passing cars. The key to effective resistance is to make your opponent pay a price for their overreach—or at least instill fear that there might be a price to pay. Clearly, everyone involved in Trump 2.0 believes they can fuck around and will never have to find out. It’s up to us to change that. But how do regular people with limited resources extract a price from a rising fascist movement? The first answer is everything we can think of. No one who’s lived their whole life in the United States has ever faced something like this, and none of us knows for sure what’s going to derail the march toward fascism. In times like these, we should foster creative actions, not wag our fingers or tut-tut ideas.

But there is a very specific target that deserves special focus—Tesla Motors. Tesla is the basis of Elon Musk’s mystique and his wealth. His stake in the company is worth around $145 billion at today’s valuation—more than a third of his total net worth. Elon clearly isn’t scared about the legal consequences of his actions. Why should he be? The courts have never held him accountable in any meaningful way before, and now he’s protected by an increasingly authoritarian regime. But legal consequences aren’t the only cost an effective resistance can make opponents pay. The first thing you need to know is that Tesla Motors is a house of cards. As I write this, Tesla’s market cap stands at $1.12 trillion—about $400 billion more than Toyota, Honda, Ferrari, BMW, Mercedes-Benz, Porsche, Volkswagen, Ford, GM, Stellantis and Hyundai COMBINED. Tesla’s stock has been on a hype-fueled rocket ride since the start of the pandemic. But Wall Street investors hate uncertainty, and in the end, hype is no match for quarterly profits. Most of Tesla’s extreme valuation is based on the cockamamie idea that the company can continue growing at the rate it achieved early in the pandemic—and the mistaken belief that Tesla is a tech company, rather than a car company. But Tesla’s market dominance and opportunities for growth weren’t built to last. Only one in three Americans are open to buying EVs today, and there’s much more competition in the market than there was even 5 years ago. Chinese EV companies are eating Elon’s lunch. And far from the game changer Elon promised, the Cybertruck is looking more like an anchor around Tesla’s neck. Tesla sales are already tanking in Europe because of Musk’s tumbling reputation.

For the first time in a decade, Tesla reported fewer sales in 2024 than in 2023. Now, buyers in the U.S. are starting to price-in Elon’s ties to Trump and far-right movements around the world—and the potential social consequences of driving a car so closely associated with Musk’s personal brand. If that spreads, it could pop the hype bubble. Tesla insiders know it, and so do big Wall Street research firms.

Tesla, the crown jewel of Elon Musk’s empire, has become increasingly persona non grata among the left in the USA, and that is due to Musk’s turn to the far-right that began as early as the COVID pandemic and accelerating further in recent years.

[awesome-casuallyfamouscollector]

Wow! Europe-bound Lynk & Co Z02 started pre-sale in China for 20,200 USD. Source: carnewschina.com

Check specs and price: Regarding dimensions, the Lynk & Co Z02 also stays in line with the Zeekr X. The newly released model measures 4460/1845/1573 mm with a wheelbase of 2755. The Lynk & Co Z20 is available with RWD only. It has a 250 kW (335 hp) e-motor powered by a 62 kWh LFP battery. Its range reaches 530 km CLTC. The Lynk & Co Z02 can charge from 10 to 80% in 15 minutes, thanks to the 4.5C technology. This means the charging power of the Lynk & Co Z02 is 4.5 times the battery capacity (up to 280 kW DC)(..)

The Lynk & Co Z02 will start sales in China soon. After the domestic launch, it will enter overseas markets shortly.

[mohitbisresearch]

The Europe additives market for EV adhesives and sealants (excluding U.K.) was valued at $15.83 million in 2023, and it is expected to grow at a CAGR of 24.41% and reach $113.07 million by 2032.

[head-post]

China investigates EU products in response to EV tariffs

China imposed temporary anti-dumping measures on goods from the European Union after the bloc voted in favour of tariffs on Chinese-made electric vehicles (EVs), according to Reuters.

China’s Ministry of Commerce said the dumping of brandy from the EU threatened China’s own brandy sector with “substantial damage.” As a result, Beijing hit EU brands including Hennessy and Remy Martin on Tuesday. France’s cognac lobby claimed the new duties were a retaliation to tariffs on EVs and called on authorities to protect the brandy industry.

An investigation into dairy subsidies announced by China’s Ministry of Commerce in August would focus on various types of cheese, milk and cream intended for human consumption. The measure was a response to a complaint filed on 29 July by the China Dairy Industry Association on behalf of the domestic dairy industry.

The EU was China’s second-largest source of dairy products, with 36 per cent of the total import value in 2023, according to Chinese customs data. The EU exported 1.7 billion euros ($1.84 billion) of dairy products to China in 2023, the European Commission reported.

Another anti-dumping investigation in June targeted pork. The ministry said it was prompted by a complaint filed by the China Animal Husbandry Association on behalf of the domestic pork industry.

Pork suppliers from South America, the US and Russia could be among those to gain market share if Beijing restricted imports from the EU. The EU accounts for more than half of China’s imports of pork worth about $6 billion in 2023, according to customs data.

Beijing launched an anti-dumping investigation in May against POM (Polyoxymethylene) copolymers imported from the EU, the US, Japan and Taiwan. This plastic is often used in wet engineering environments.

Read more HERE

[follow-up-news]

Tesla sales have dropped sharply in the European market, as the U.S.-based electric carmaker faces both business headwinds and public blowback against the unprecedented political activity of its chief executive. Data released this week by the European Automobile Manufacturers' Association (ACEA) show that Tesla registrations in the European Union, Iceland, Liechtenstein, Norway, Switzerland and the U.K. dropped by 45% in a head-to-head comparison between January 2024 and January 2025. (Registrations are a closely tracked indicator of sales.) That's a precipitous decline, and it comes even as electric vehicle sales overall were increasing in the region — up 37% in the same time frame. Data previously released in individual nations covering the same period also showed that Tesla sales were down nearly 60% in Germany, Europe's largest EV market, with large decreases also evident in France and Norway.