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☆ China-made vehicles will comprise a quarter of Europe's EV sales this year, study shows
▼ + stars: | 2024-03-28 | by ( Dylan Butts | ) www.cnbc.com time to read: +1 min

A BYD Co. Atto 3 electric sport utility vehicle (SUV) on day two of the Geneva International Motor Show in Geneva, Switzerland, on Tuesday, Feb. 27, 2024. China-made electric vehicles will make up more than a quarter of the EV sales in Europe this year, with the country's share increasing by over 5% from a year earlier, according to a new policy analysis. While most EVs sold in the EU are from Western brands such as Tesla, which manufactures and ships EVs from China, Chinese brands alone are set to account for 11% of the region's market in 2024. The findings come as the European Commission probes subsidies given to electric vehicle makers in China to determine if they unfairly undercut local companies. Non-Chinese brands that ship from China, such as Tesla and BMW, could be included in the ongoing subsidy investigation.

Persons: Tu Le Organizations: Geneva, European Federation for Transport, European Commission, BMW, Sino Locations: Geneva, Switzerland, China, Europe, France, Spain

☆ Polestar signs deal with South Korea's SK On for Polestar 5 EV
▼ + stars: | 2023-11-06 | by ( ) www.reuters.com time to read: 1 min

The logo of the new Volvo Polestar 2 is displayed at the 89th Geneva International Motor Show in Geneva, Switzerland March 5, 2019. REUTERS/Pierre Albouy/File Photo Acquire Licensing RightsNov 6 (Reuters) - Electric vehicle maker Polestar (A4N1y.F) said on Monday that it had signed an agreement with South Korean battery manufacturer SK On for the supply of battery cell modules for its upcoming Polestar 5 EV. Reporting by Gokul Pisharody in Bengaluru; Editing by Sonia CheemaOur Standards: The Thomson Reuters Trust Principles.

Persons: Pierre Albouy, Gokul, Sonia Cheema Organizations: Volvo, 89th Geneva, REUTERS, South Korean, SK, Thomson Locations: Geneva, Switzerland, Bengaluru

[1/2] A Mitsubishi Motors logo is displayed at the 89th Geneva International Motor Show in Geneva, Switzerland March 5, 2019. REUTERS/Pierre Albouy/File photo Acquire Licensing RightsTOKYO/PARIS, Oct 24 (Reuters) - Japanese automaker Mitsubishi Motors (7211.T) will invest up to 200 million euros ($214 million) in the new electric vehicle unit of French counterpart Renault (RENA.PA), Mitsubishi said on Tuesday. Mitsubishi said in a statement it seeks to improve its EV development technology and expand its lineup of battery-powered vehicles with the investment in the Renault EV unit, named Ampere. The decision to invest in Ampere comes after Mitsubishi's partners, Renault and Nissan Motor (7201.T), finalised a restructured alliance in July. Shortly before the announcement, the Nikkei newspaper reported Mitsubishi's investment into Ampere was expected to be about 20 billion yen ($133.85 million).

Persons: Pierre Albouy, Jean, Dominique Senard, Mitsubishi, Ampere, Renault's Senard, Daniel Leussink, Gilles Guillaume, Jacqueline Wong, Christian Schmollinger Organizations: Mitsubishi Motors, 89th Geneva, REUTERS, Rights, French, Renault, Mitsubishi, Renault EV, Nissan, Nikkei, Thomson Locations: Geneva, Switzerland, PARIS, Paris, Ampere, Japan, China, Tokyo

☆ Russian land mines pose a persistent and deadly threat in Ukraine
▼ + stars: | 2023-07-28 | by ( ) www.reuters.com time to read: +16 min

What lies beneath Land mines left by Russian forces in Ukraine pose a deadly threat to Kyiv's military - and civilians in liberated territory. On average, anti-vehicle mines caused more incidents with multiple fatalities than anti-personnel mines did. GICHD has documented at least 12 types of anti-personnel mines and nine types of anti-vehicle mines in use in Ukraine. Formerly occupied towns in Kyiv; Sumy, Chernihiv, Mykolaiv and Kharkiv oblasts all saw a large number of mines, especially anti-personnel mines, left in place, Mathewson said. Ukraine is a signatory to the 1997 Convention on the Prohibition of the Use, Stockpiling, Production and Transfer of Anti-Personnel Mines and on their Destruction, and had been destroying its anti-personnel mines when the war began.

Persons: Mark Hiznay, ”, Adam Komorowski, Tymur Pistriuha, Hiznay, PARM, GICHD, Andro Mathewson, “, Komorowsi, Mick Ryan, Mathewson, Nacho Doce, Pistriuha, Komorowski, ” Ryan, Ryan, Jack Watling, Watling, ” Watling, demining Organizations: Russian, Reuters, HALO Trust, Human Rights Watch, Advisory, Geneva International Centre, Humanitarian, Ukrainian Deminers Association, Ukrainian, U.S . Army, Australian Army, REUTERS, HALO, Mines, Royal United Services Institute, United, Surveyors, State Emergency Service, Dnipro River’s Locations: Ukraine, Ukrainian, Russian, Russia, Zaporizhzhia, Donetsk, Eastern Europe, South America, Caribbean, Soviet Union, Afghanistan, Germany, Kharkiv, Zaporizhzhia oblast, Kherson, Iraqi, Kyiv, Sumy, Chernihiv, Mykolaiv, ”, Vuhledar, United Nations, Nova, Izium

CNN —Russia has a stockpile of cluster munitions and will consider using them against Ukraine “if they are used against us,” President Vladimir Putin said. “Russia has a sufficient supply of various types of cluster munitions,” the Russian leader said during an interview with a pro-Kremlin journalist. What are cluster munitions? Cluster munitions contain multiple explosives that are released over an area up to the size of several football fields. Putin also claimed that Russia has not yet used cluster munitions, despite evidence to the contrary.

Persons: Vladimir Putin, “, ”, Connie Chen, Henrik Pettersson, Joe Biden, Putin, Biden, Jen Psaki Organizations: CNN, Kremlin, Geneva International Centre, US Defense Department, White House, United Nations Locations: Russia, Ukraine, Kyiv, United Kingdom, France, Germany, Kharkiv, Ukraine’s

☆ Pro-Russian hackers step up attacks against Swiss targets, authorities say
▼ + stars: | 2023-06-13 | by ( ) www.reuters.com time to read: +1 min

GENEVA, June 13 (Reuters) - Swiss authorities said on Tuesday that a pro-Russian hacking group had intensified its cyberattacks against the country, with the hackers claiming to have taken down several key websites including that of Geneva Airport. Switzerland's main government websites, including that of parliament and the federal administration, have been hit in recent days by a distributed denial-of-service (DDoS) attack claimed by the NoName group. The attack comes as the Swiss parliament prepares for a video address by Ukrainian President Volodymyr Zelenskiy scheduled for Thursday. "The parliamentary services are doing everything in their power to ensure that the live broadcast on Thursday can go smoothly," NCSC said. On Tuesday it attacked other websites including that of Geneva Airport, a hub for diplomats and officials travelling to the United Nations.

Persons: Volodymyr Zelenskiy, NCSC, Gabrielle Tétrault, Farber, Alexandra Hudson Organizations: Geneva Airport, Reuters, Cyber Security, Swiss, Moscow, United Nations, Geneva International, Telegram, Alexandra Hudson Our, Thomson Locations: GENEVA, Russian, Switzerland's, Geneva

☆ Toyota expects to cut full-year output target due to chip shortage
▼ + stars: | 2022-10-21 | by ( ) www.reuters.com time to read: +2 min

A Toyota logo is displayed at the 89th Geneva International Motor Show in Geneva, Switzerland March 5, 2019. The Japanese company has been under scrutiny over whether it can stick to its annual production target of a record 9.7 million vehicles after it missed interim goals in the first four months of the fiscal year that began in April. A revised target will be disclosed once the outlook for production becomes clearer, a Toyota spokesperson said. It has slashed its global production target for the last financial year three times, reducing it from 9.3 million in May 2021 to 8.5 million in February. It ended up producing about 8.6 million vehicles in the last financial year to March 31.

☆ Mazda discussing ending production in Russia - Nikkei
▼ + stars: | 2022-09-24 | by ( ) www.reuters.com time to read: +1 min

Register now for FREE unlimited access to Reuters.com RegisterA Mazda logo is displayed at the 89th Geneva International Motor Show in Geneva, Switzerland March 5, 2019. REUTERS/Pierre AlbouyTOKYO, Sept 24 (Reuters) - Japan's Mazda Motor Corp (7261.T) is discussing ending production of its vehicles at a joint venture plant in Vladivostok, eastern Russia, the Nikkei newspaper reported on Saturday. Mazda has not made a decision about ending car sales and maintenance operations in Russia, the newspaper said. Register now for FREE unlimited access to Reuters.com RegisterA Mazda spokesperson was not immediately available for comment. Register now for FREE unlimited access to Reuters.com RegisterReporting by Satoshi Sugiyama; editing by Clelia OzielOur Standards: The Thomson Reuters Trust Principles.

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