Focus on electrification, sales of electric vehicles in the EU fell by 12% year-on-year in May.
Data released by the European Automotive Industry Organization showed that sales of newly registered electric vehicles in the EU fell by 12% year-on-year in May, mainly due to sales in Germany, the region’s largest electric vehicle market.
, Sales fell by 30%.
Focusing on new trends in traditional car companies, BMW has cancelled a battery purchase order worth 2 billion euros with Northvolt.
The BMW Group has cancelled an electric vehicle battery order worth 2 billion euros (approximately US$2.
15 billion) from Swedish battery manufacturer Northvolt.
It is reported that Northvolt failed to execute the battery supply contract on time, and South Korean supplier Samsung SDI will provide BMW with the batteries it needs.
, Toyota suspended delivery of two vehicles due to airbag problems.
Toyota Motor said on June 20 that it had suspended production and delivery of the Grand Highlander and Lexus TX SUV models until the airbag problem was resolved.
Previously, Toyota has announced the recall of 145,000 2024 Toyota Grand Highlander and Lexus TX vehicles in the United States.
Focus and intelligence, it is rumored that Wolfspeed’s plan to build a semiconductor factory in Germany has been postponed.
Silicon carbide technology and manufacturer Wolfspeed has postponed plans to build a factory in Germany.
Reports said that the company’s German factory will not start construction until mid-2025 at the earliest.
, two years later than the original target.
A spokesperson for the company said that plans for the German factory have not been completely cancelled and the company is still seeking financing.
Focus on Supply Chain, Bosch: We hope that the software business will achieve billions of euros in sales by the end of 2030.
On Bosch Technology Day 2024, Bosch emphasized that it is continuing to expand its business through software and services.
By the end of 2030, we hope that its software business can achieve billions of euros in sales.
It is rumored that SK Innovation will merge with energy company SK E&S.
On June 20, South Korea’s “Chosun Ilbo” reported that SK Innovation, the parent company of South Korea’s largest refining and battery manufacturer SK On, may seek to merge with energy company SK E&S, which will form a company with assets of 106 trillion won (US$76.
81 billion).
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