Europe is striving to catch up in the global race for green supply chains, and the European Commission's new three billion euro Battery Fund is a critical step forward. However, to truly make an impact, this fund must be designed effectively from the start.

Volkswagen Group and SAIC Motor are accelerating their electrification strategy with a new joint venture to develop three plug-in hybrids and two full-electric vehicles in China. Launching between 2026 and 2030, this collaboration aims to "technologically strengthen" their partnership and cater to the dynamic Chinese EV market.

Have you explored ACEA's "Manifesto for a Competitive European Auto Industry, Driving the Mobility Revolution"?

The 2024 AADA Convention & Expo will take place at the Melbourne Convention & Exhibition Centre (MCEC) on 24-25 July 2024.

What are some of the most pressing legal issues facing the automotive industry this year?

BYD, China's top EVs maker, is investing 1 billion dollars to build a plant in Turkey. This new facility will produce up to 150,000 vehicles annually and create around 5,000 jobs by the end of 2026. Turkey’s EU Customs Union membership allows BYD to export duty-free to the EU, a strategic move amidst rising tariffs on Chinese EVs in Europe and the US. This expansion supports BYD's growing presence in Europe and beyond.

The German Centre for Automotive Management (CAM) has released its 2024 rankings of the most innovative car manufacturers. BMW tops the list, followed closely by China's #Geely and #SAIC. Notably, five Chinese manufacturers are now in the top 10.

PwC’s insight, "The Reconfiguration Imperative" by Ryan Hawk, Nadia Kubis, and Blair Sheppard, stresses the urgent need to revamp our industrial system within the next 10-15 years to avert climate catastrophe.

The inaugural Global EV & Mobility Tech Forum will be held in Riyadh, Saudi Arabia, from July 10-11, 2024.

The global conflict over electric vehicles (EVs) has intensified recently, with the European Commission imposing provisional tariffs on Chinese EV imports and the Biden administration enacting tariffs on high-tech Chinese products. These tensions arise from Chinese industrial policies and subsidies that have boosted its EV sector, leading to improved quality and competitive pricing of Chinese EVs. China's support for its EV industry, amounting to $230.9 billion from 2009 to 2023, includes buyer rebates, sales tax exemptions, infrastructure funding, R&D, and government procurement. Despite data accuracy challenges, these estimates are considered conservative. The quality of Chinese EVs has significantly improved, presenting a challenge to global competitors. Companies like BYD, Geely, NIO, and XPeng have made notable advancements, supported by state policies and their own initiatives. Western governments face a critical decision on whether to allow Chinese EVs in their markets or exclude them entirely. The necessary measures for Western countries to strengthen their own EV industries include coordinated policy initiatives to enhance competitiveness, promote decarbonization, and safeguard national security.

On May 28, Subaru, Mazda, and Toyota showcased their dedication to developing new internal combustion engines (ICEs) for the electrification era at the Multipathway Workshop. Their goal? To revolutionize ICEs with a focus on decarbonization and integration with electric technologies.

Global Battery Alliance launched the second wave of Battery Passport pilots, the world's largest pre-competitive effort by battery manufacturers. This initiative marks a significant milestone towards a sustainable and transparent battery value chain by 2030.