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Risk analysis of building gigafactories in Europe

Europe and the UK region have witnessed a few high-profile battery companies abruptly filing for insolvency in the recent past, leaving behind a noteworthy setback for the region’s local battery production ambitions. UK’s promising battery startup Britishvolt, which was once hailed by the country’s prime minister, filed for insolvency in January 2023. It was soon followed by the Swedish battery company Northvolt, which represented Europe’s hopes to compete with China’s hegemony in t...

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Technology Trends
16-Jul-2025
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How smart charging technologies are shaping the EV landscape

The fast-charging sector for electric vehicles is evolving with new technologies and changing consumer needs. A major trend is the rise of ultra-fast charging stations, which can recharge an EV's battery to 80% in just 15 to 30 minutes, significantly reducing drivers’ wait times. Smart charging technologies are also gaining traction, optimizing charging based on grid conditions and energy prices. This includes demand response programs that allow EVs to charge during off-peak hours or when r...

Insights into Inchcape's sustainability practices and goals

Sustainability in the automotive industry is increasingly important as manufacturers and distributors adapt to shifting consumer preferences and regulatory requirements. The transition toward electric vehicles is central to this shift, driven by increasing awareness of climate change and the need for reduced carbon emissions. Automakers are focusing on developing new-energy vehicles (NEVs) and integrating sustainable practices throughout their operations. A key strategy is diversifying vehicl...

Mercedes-Benz introduces new digital payment option in Europe

Mercedes-Benz is advancing its digitalization efforts in the aftersales business by introducing a new digital payment option for customers to settle service invoices more conveniently. This modern payment solution offers a variety of payment methods, featuring the significant addition of a flexible installment payment option that comes with a swift credit check, eliminating the need for complex contractual processes. Following a successful pilot phase in the German market, Mercedes-Benz is expan...

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