The Return of the ‘People’s Car’? Volkswagen, Škoda, and the Future of Affordable EVs Just 22% of global EV sales in 2024 were vehicles priced under $30,000. As battery costs remain stubbornly high and supply chains fluctuate, the dream of widespread EV adoption hinges on bringing electric mobility within reach of the average consumer. Volkswagen’s … Read more
Slovak Industry Rebounds in September, Driven by Automotive and Chemical Production Slovakia’s industrial sector experienced a significant upswing in September, reversing a five-month trend of decline. The resurgence, fueled primarily by robust output in the automotive and chemical industries, signals a potential turning point for the nation’s economy. While analysts caution against premature celebration, the … Read more
Electric Vehicle Shift: Fines on Combustion Engines Accelerate EV Adoption The automotive landscape is undergoing a rapid transformation, driven not only by advancements in electric vehicle (EV) technology but also by escalating costs associated with traditional internal combustion engine (ICE) vehicles. Increasingly stringent regulations and associated financial penalties are making “dirty” engines less attractive, while … Read more
Global Chip Crisis Deepens: Geopolitical Tensions Threaten Automotive and Tech Industries The global semiconductor shortage, already a significant drag on industries from automotive to consumer electronics, is escalating into a complex geopolitical issue. A dispute centered around Nexperia, a Dutch-based chipmaker owned by Chinese company Wingtech, is sparking concerns about supply chain security and potential … Read more