22 Sep 2024 | U.S. $3 Billion Battery Plan, Renault 5 EV Supermini and China’s Rising Sales In Europe

➤ BIDEN ADMINISTRATION INVESTS $3 BILLION IN U.S. BATTERY PRODUCTION ➤ NIO DISMISSES AUDI PLANT ACQUISITION RUMORS ➤ EU CAR INDUSTRY DEMANDS ACTION AS EV SALES DECLINE ➤ GERMANY'S AUGUST EV SALES DROP IMPACTS EUROPEAN AUTO MARKET ➤ RENAULT 5 SUPERMINI SET FOR LAUNCH ➤ NEW FIAT E-DUCATO CARGO BOX DEBUTS AT IAA TRANSPORTATION ➤ JOB CUTS AT MAGNA POWERTRAIN DUE TO ORDER SHORTAGES ➤ VOLKSWAGEN'S ELLI ENHANCES ELECTRIC FLEET MANAGEMENT ➤ OMODA AND BYD RISING SALES IN EUROPE ➤ VOLKSWAGEN CUTS INVESTMENTS AND JOBS ➤ NEW MERCEDES-BENZ ECITARO K DEBUTS AT IAA TRANSPORTATION 2024 ➤ XPENG REACHES 500,000 VEHICLE MILESTONE