Tag #Automotive Industry

welt.de
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"Germany Unveils €1000 EV Charging Credit and Tax Breaks to Boost Electric Vehicle Market"

"Germany's Economy Minister Robert Habeck proposes a comprehensive package to accelerate the country's electric vehicle (EV) market, including a €1000 charging credit, tax breaks for low-to-middle-income EV buyers, subsidies for used EV battery checks, and exploration of social leasing models, aimin...

Progress

36% Bias Score

Affordable and Clean Energy
forbes.com
🌐 85% Global Worthiness
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Renewable Energy Drives Automotive Industry Transformation

The automotive industry's transition to renewable energy is accelerating, with companies like Worksport and Beam Global developing solar and wind-powered charging solutions and integrating renewable energy into manufacturing and supply chains.

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40% Bias Score

Climate Action
zeit.de
🌐 75% Global Worthiness
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"Slow E-Car Sales in Germany Prompt Calls for EU-Wide Incentives"

"Following the end of Germany's electric vehicle subsidy, sales dropped, leading to Ford's Cologne plant planning to cut roughly 25% of its workforce within three years despite a €2 billion investment in electric vehicle production; Chancellor Scholz proposes EU-wide incentives, while the FDP critic...

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48% Bias Score

Decent Work and Economic Growth
it.euronews.com
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Stellantis Layoffs Spark Italian Protests

On Tuesday, Stellantis workers will protest 97 layoffs at Trasnova in Rome, coinciding with a Mimit meeting; further layoffs are planned at Melfi's Teknoservice and Logitech by January 2, 2025, prompting government intervention and highlighting broader industry challenges.

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48% Bias Score

Decent Work and Economic Growth
dailymail.co.uk
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Used EVs Outsell Petrol and Diesel Cars Amidst Price Drop

Used electric vehicles (EVs) sold in an average of 33 days in November, significantly faster than other fuel types due to lower prices under £18,000, offering exceptional value; this contrasts with the new EV market's relatively low demand.

Progress

52% Bias Score

Affordable and Clean Energy
welt.de
🌐 75% Global Worthiness
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Continental to Spin Off Automotive Division by 2025

Continental, a Dax-listed company, will spin off its loss-making automotive division, employing almost 96,400 people, by the end of 2025, focusing on its profitable tire business to improve investor appeal, following years of financial losses and a current cost-cutting program eliminating 7,150 jobs...

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44% Bias Score

Decent Work and Economic Growth
dailymail.co.uk
🌐 85% Global Worthiness
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EV Depreciation Creates Leasing Crisis

A dramatic fall in used electric vehicle values is creating a 'car leasing crisis', forcing companies to extend contracts and potentially hike monthly payments for customers due to a lack of public appetite for second-hand models, impacting both drivers and car makers.

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52% Bias Score

Responsible Consumption and Production
welt.de
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German EV Sales Slump Prompts Calls for EU-Wide Incentives

The end of Germany's electric vehicle purchase incentive has caused a slump in sales, leading to job cuts at Ford's Cologne plant and calls for EU-wide incentives or national support, despite political hurdles.

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40% Bias Score

Decent Work and Economic Growth
cincodias.elpais.com
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Global Auto Industry Navigates EV Transition, Geopolitical Tensions, and Investment Opportunities

The global automotive industry confronts intense structural changes, geopolitical pressures, and evolving consumer demands, leading to challenges like the EV transition and potential US import tariffs, yet presenting investment opportunities.

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12% Bias Score

Industry, Innovation, and Infrastructure
tr.euronews.com
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Jaguar'ın Yeni Elektrikli Araçlarının Fiyatı Beklenenden Çok Daha Yüksek Olabilir

Jaguar Land Rover CEO'su Adrian Mardell, şirketin yeni elektrikli araçlarının fiyatının beklenenden daha yüksek, yaklaşık 150.000 sterlin (6,6 milyon TL) olabileceğini ve önümüzdeki beş yılda elektrikli araçlara 1,5 milyar sterlin (66,6 milyar TL) yatırım yapılacağını açıkladı. Bu durum, şirketin sa...

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40% Bias Score

Industry, Innovation, and Infrastructure
bbc.com
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"Pope Francis Unveils New Electric Popemobile: A Gift from Mercedes-Benz"

"Pope Francis received a custom electric Mercedes-Benz G-Class, equipped with comfort features and designed for low speeds, as a gift from the company; this reflects the Pope's commitment to environmentalism and is part of a broader global trend towards electric vehicles."

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40% Bias Score

Climate Action
zeit.de
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Continental to Spin Off Automotive Division by 2025

Continental, a German automotive supplier, will spin off its underperforming automotive division by the end of 2025, involving 7,150 job cuts and €400 million in annual cost reductions, to create a "leaner" company focused on its profitable tire business.

Progress

40% Bias Score

Decent Work and Economic Growth