Strong sales of the Nissan Ariya, Toyota bZ4X and VW ID4 made Norway one of Europe’s fastest growing markets in February.
The VW Group subsidiary expects to get its entry EV on the road in 2026 instead of 2027 with help from a software collaboration with Rivian.
BYD is eyeing super-fast charging and expansion in Europe to solidify its position as a global EV leader.
A majority of automakers see electrification as their No. 1 priority, with manufacturing efficiency second followed by software-defined vehicles, according to a survey of car companies' strategies.
The supplier is bullish because the world’s biggest automakers are looking to add the technology in forthcoming software-defined vehicles.
Demand is poised to surge for steering and braking systems that ditch mechanical connections and fluids and rely on software instead.
BMW will introduce a next generation of the 3 Series with an internal combustion engine in parallel with its Neue Klasse electric version of the midsize family, according to a report.
Porsche takes steps to secure its future battery supply as the German automaker pursues its electrification focus.
Despite battery-electric cars accounting for just 3.6 percent of its European sales, Toyota says it has the right electrification strategy.
After rising to become China’s biggest automaker, BYD is seeking to repeat the success in Europe and go head-to head against the region’s giants such as Volkswagen Group and Stellantis.