Tue, December 10, 2024
Mon, December 9, 2024
[ Mon, Dec 09th 2024 ] - Politico
Sean Duffy's week on the Hill
Sun, December 8, 2024
Sat, December 7, 2024
[ Sat, Dec 07th 2024 ] - The New York Times
Climate and Environment
Fri, December 6, 2024
[ Fri, Dec 06th 2024 ] - Automotive News
Stay Informed, Stay Ahead
[ Fri, Dec 06th 2024 ] - Market
Automotive systems and accessories
Thu, December 5, 2024
[ Thu, Dec 05th 2024 ] - jdpower
Car Ratings from Drivers Like You
[ Thu, Dec 05th 2024 ] - Yardbarker
Los Angeles Lakers News
[ Thu, Dec 05th 2024 ] - HELLO! Magazine
Prince Harry & Meghan
[ Thu, Dec 05th 2024 ] - Aaron Neefham
Artificial Intelligence
Wed, December 4, 2024
Tue, December 3, 2024
Mon, December 2, 2024
[ Mon, Dec 02nd 2024 ] - Aaron Neefham
Electric and Hybrid Vehicles
Sun, December 1, 2024
Sat, November 30, 2024
Fri, November 29, 2024
[ Fri, Nov 29th 2024 ] - Aaron Neefham
Automotive News
[ Fri, Nov 29th 2024 ] - Aaron Neefham
Top News Stories
Thu, November 28, 2024
Wed, November 27, 2024
[ Wed, Nov 27th 2024 ] - Aaron Neefham
South Florida News
[ Wed, Nov 27th 2024 ] - Aaron Neefham
Cond Nast Traveler
Tue, November 26, 2024
[ Tue, Nov 26th 2024 ] - Aaron Neefham
TechCrunch Newsletters
[ Tue, Nov 26th 2024 ] - Aaron Neefham
Middle East
[ Tue, Nov 26th 2024 ] - Aaron Neefham
HARROW NEWS
[ Tue, Nov 26th 2024 ] - Aaron Neefham
Watch Sky Sports News
[ Tue, Nov 26th 2024 ] - Aaron Neefham
New York Times - Top Stories
Mon, November 25, 2024
Sun, November 24, 2024
[ Sun, Nov 24th 2024 ] - Aaron Neefham
2024 Presidential Election
Fri, November 22, 2024
Mon, June 14, 2010
Thu, April 2, 2009
Wed, December 17, 2008

How bad is the struggle for Europe's auto industry? Are there any winners despite the BEV slowdown?


//automotive-transportation.news-articles.net/co .. -there-any-winners-despite-the-bev-slowdown.html
Published in Automotive and Transportation on Wednesday, November 27th 2024 at 17:42 GMT by Aaron Neefham   Print publication without navigation

  • Vehicle sales figures throughout Europe in the first half of the year fell short of expectations, GlobalData explores why.

The article from Just Auto discusses the current challenges and dynamics within Europe's automotive industry, particularly focusing on the transition to Battery Electric Vehicles (BEVs). Despite a slowdown in BEV sales growth, the industry is not uniformly struggling. Key points include:

  • Market Dynamics: While overall BEV sales growth has slowed, some manufacturers like Tesla and BYD are still seeing robust growth, indicating that the market is not entirely bleak.
  • Challenges: Traditional automakers like Volkswagen, Stellantis, and Renault are facing difficulties due to high production costs, supply chain issues, and the need for significant investment in new technology and infrastructure.
  • Winners: Companies that have managed to adapt quickly or have strong financial backing are emerging as winners. For instance, Tesla continues to expand its market share in Europe, and Chinese manufacturers like BYD are making inroads with competitive pricing and technology.
  • Strategic Shifts: There's a noticeable shift towards hybrid vehicles as a bridge technology, with some manufacturers like Toyota betting on hybrids to maintain sales while the BEV market matures.
  • Government and Policy: European policies aimed at reducing emissions are pushing the industry towards electrification, but the transition is uneven, with some countries and companies ahead of others.
  • Future Outlook: The article suggests that while the immediate future might be turbulent, the long-term trend towards electrification remains strong, with potential for recovery and growth as infrastructure and consumer acceptance improve.

    Overall, the European auto industry is in a state of flux, with clear winners and losers emerging based on their ability to navigate the transition to electric vehicles amidst various economic and technological challenges.

    Read the Full Just Auto Article at [ https://www.just-auto.com/analyst-comment/how-bad-is-the-struggle-for-europes-auto-industry-are-there-any-winners-despite-the-bev-slowdown/ ]

  • Publication Contributing Sources