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AD #3801 - New Rule Makes Auto Braking Standard; Tesla Cuts Headcount Even More; Tough Q1 for EU Automakers

AD #3801 - New Rule Makes Auto Braking Standard; Tesla Cuts Headcount Even More; Tough Q1 for EU Automakers

Autoline Daily Apr 30, 2024 11 min
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About this episode

Tesla faces ongoing layoffs amid a 9% drop in Q1 sales, including cuts in its EV Charging division. Hyundai shifts focus to hybrids globally, especially in India, alongside EV expansion. Volkswagen, Stellantis, and Mercedes-Benz report declines in sales and profits in a tough Q1. The US mandates automatic emergency braking on all new vehicles by 2029, aiming to save lives. Rivian opens its charging network to all EVs and plans major charger expansion. Advances in fast charging and battery tech from Pollstar, StoreDot, and Neo highlight EV progress. Porsche pushes synthetic e-fuels to extend ICE vehicle life, supported by EU regulatory easing.

Topics: tesla layoffs hybrid and ev market expansion eu automaker q1 performance automatic emergency braking mandate ev charging networks fast charging technology solid state batteries synthetic e-fuels automotive safety features ev market in india
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