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Renault CEO Luca De Meo has expressed concerns about meeting Europe's 2035 electric vehicle targets due to weak demand and economic challenges. He emphasized the need for more flexibility in the timeline while remaining committed to sustainability. Renault aims to cut costs and continue its EV transition, aiming for net zero emissions by 2040 in Europe. This highlights the broader challenges automakers face in balancing ambitious EV goals with market realities. https://lnkd.in/g6KrNTmG #Renault #EV #ElectricVehicles #SustainableMobility #2035Goals #AutomotiveIndustry #GreenTech #NetZero #CO2Emissions #EVTransition #LucaDeMeo #Europe #EVMarket #CleanEnergy #CarbonReduction #EVChallenges #AutomotiveNews #ElectricMobility #Sustainability #FutureOfMobility

🚀 A Unified Front for a Greener Future! 🌿 The message is clear: Europe's automakers, under the leadership of Luca de Meo, stand unwaveringly behind the 2035 phase-out of fossil-fuel vehicles. As CEO of Renault and President of ACEA, de Meo's words echo the collective responsibility of the auto industry to embrace change, not resist it. 🌟In his bold statement at the Geneva auto show, de Meo emphasized that challenging the 2035 phase-out is not on the agenda. Instead, the focus is on action. 💪 My take is that it also cautions politicians against entertaining the idea of changing the 2035 phase-out date, highlighting the potential harm it could inflict. The consequences extend far beyond winning votes! 🌍⚡ The commitment to electrification is resolute. Billions have been invested, and going back is not an option. The environmental stakes are too high. 🌐🔌 Let's heed this call for collaboration and innovation. Together, we can drive the transition to sustainable transportation and build a future where clean mobility is a possibility and a reality. 🚗💨 #GreenFuture #Sustainability #Electrification https://lnkd.in/ehT9dWUp

New EVs alert! 🌻 At Volteum we're keeping up to date about the EVs available in your region. 🗺 Leapmotor International, a joint venture between Stellantis and Leapmotor, is expanding globally by launching operations in nine countries in Europe in September 2024, followed by other key regions later. The company plans to introduce two of its existing models in Europe (T03 and C10) and commits to introducing at least one new model annually for the next three years! 🚘 Would you like to know how an electric fleet would benefit your operations? https://lnkd.in/gQJKgRkw Full story : https://lnkd.in/giHpMMPu #stellantis #leapmotor #volteum #EVs #emobility #electricvehicles #fleetmanagement

Hyundai Motor Company (현대자동차) and Iveco Group have inked a significant deal to provide an all-electric Light Commercial Vehicle (LCV) for Europe. This collaboration showcases a major step in commercial transport electrification, echoing the automotive industry's push towards sustainability. ⚡🔋 🔘 Beginning in March 2022, the partnership has already delivered notable results in hydrogen-powered transport, including the eDAILY FCEV and E-WAY FCEV city bus. This latest agreement, celebrated at Hyundai's Seoul headquarters, underscores the commitment of both firms to carbon-neutral mobility. 🔘 The vehicle, branded with the Iveco logo, will be the first to utilise Hyundai's Global eLCV platform outside of Korea. This platform, tailored for commercial vehicles between 2.5 to 3.5 tons GVW, boasts a low-floor design to enhance cargo loading efficiency, showcasing Hyundai's dedication to innovation in electric vehicle (EV) technology. Congratulations on the deal 👏 Read more here: https://lnkd.in/e7jerTBH #automotiveinnovation #electric vehicles #AutomotiveEE

Leapmotor International, a joint venture between Stellantis and Leapmotor, has begun its European expansion by shipping the first batch of C10 and T03 electric vehicles. These EVs offer advanced features and are expected to attract European customers. This marks a significant step in Leapmotor's global strategy, with plans to establish a strong presence in Europe and other regions. The partnership aims to navigate tariff challenges by considering local assembly, enhancing competitiveness in the market. https://lnkd.in/gMyukgzx #Leapmotor #Stellantis #ElectricVehicles #EV #EuropeanMarket #C10 #T03 #GreenEnergy #SustainableTransport #EVExpansion #CleanTech #China #Europe #CarlosTavares #ZhuJiangming #AutoIndustry #ElectricSUV #ElectricCar #EcoFriendly #Innovation #GlobalMarket

LeapMotor, a Chinese electric vehicle (EV) manufacturer, has partnered with Stellantis, a major global automotive group, to produce EVs in Europe. This collaboration aims to leverage LeapMotor's advanced EV technology and Stellantis' extensive manufacturing and distribution network to expand their presence in the European market, enhancing the availability and adoption of electric vehicles across the continent. To Know More Info : https://lnkd.in/eVPUxFgM #LeapMotor #Stellantis #EV #ElectricVehicles #Automotive #SustainableTransport #GreenMobility #Europe #EVPartnership #CleanEnergy #businessinnternationalnews #news #businessnews #chinanews #chinabusinnessnews #businessowners

Incredible update from Stellantis Q1 2024 #EV performance in the #Europe 30 market. The commitment to excellence in the #Battery #Electric #Vehicle sector is showing its results! ⚡⚡⚡ 🔹 Total Market Share: 14.3% 🔹 Year-Over-Year Sales Increase: +3.2% 🔹 LCV (Light Commercial Vehicles) Market Share: 33% - We’re #1! Our growth trajectory is impressive across key markets: 🇵🇹 #Portugal: +6% 🇵🇱 #Poland: +9% 🇬🇧 #UK: +9% 🇫🇷 #France: +54% #Stellantis continues to lead and innovate in the #electric #vehicle space, driving forward with a vision of sustainable mobility and outstanding market performance. Kudos to the dedicated teams and partners for making this possible! Source: https://lnkd.in/eypKm2D3 #Stellantis #ElectricVehicles #Innovation #Sustainability #emobility #elektromobilität #InvestorDay #BEV #LCV #wallbox #charging #charger #aufladen #laden

Stellantis plans to produce hybrid versions of the Fiat 500 and Jeep Compass in Italy to boost local production and address slower-than-expected EV sales. The hybrid models will be built at the Mirafiori and Melfi factories, aiming to attract more customers and expand the clean energy vehicle market. This move strengthens Stellantis' Italian manufacturing footprint and aligns with the government's goal to produce one million vehicles domestically by 2030. https://lnkd.in/gDrfN-Kv #EVNews #EV #Stellantis #Fiat500 #JeepCompass #HybridCars #ElectricVehicles #CleanEnergy #RenewableEnergy #AutomotiveIndustry #Italy #Mirafiori #Melfi #CarlosTavares #EVSales #GreenTech #Sustainability #HybridVehicles #ItalianManufacturing #Automaker #EVNews #AutoIndustry

Renault is set to make a significant impact in the affordable electric vehicle sector by partnering with a Chinese engineering firm to develop the new Twingo EV, aiming for a competitive sub-€20,000 price point. This strategic collaboration leverages Chinese technological advancements to speed up the development process, allowing Renault to compete effectively with the growing number of low-cost Chinese EVs in the European market. This move not only enhances Renault's competitive edge but also aims to make sustainable transportation more accessible to budget-conscious consumers in Europe. https://lnkd.in/gZFpGFBd #EVNews #EV #Renault #TwingoEV #ElectricVehicles #SustainableMobility #AutoInnovation #ChinesePartnership #AffordableEVs #EuropeanMarket #EVTechnology #CleanEnergy #AutomotiveTrends #CarDevelopment #EcoFriendly #TechCollaboration #FutureOfDriving

🚀 Exciting Developments in the E-Mobility World! 🚀 Hey LinkedIn community, I wanted to share some fascinating updates in the e-mobility space: 1. Toyota Motor Corporation Joins IONNA. Toyota Motor Corporation has become the 8th automaker in the North American fast-charging joint venture, IONNA, joining forces with Honda. This collaboration is set to enhance the fast-charging infrastructure across the continent. 2. Battery Prices Plummet A recent report from BNEF highlights a dramatic reduction in EV battery prices, especially LFP cells in China, which saw a 51% price drop in 2023. This significant decrease is making EVs more affordable and accelerating their adoption. 3. BP's Expansion in the US British Petroleum is expanding its EV charging network in the US. They have signed a deal to build over 900 public fast chargers at Simon Malls, furthering their commitment to supporting the EV ecosystem. Staying informed about these developments helps us deliver reliable and innovative solutions to our clients. How do you envision these advancements shaping the future of our industry? #EMobility #EVCharging #Sustainability #Innovation #LatestNews