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Foley & Lardner LLP

Foley Automotive Update - July 2024

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Key Developments - U.S. new light-vehicle sales reached a SAAR of 15.3 million units in June, and second quarter 2024 sales fell by approximately 0.4% from April-June 2023, according to initial estimates from Wards...more

Morgan Lewis

EU Automotive Industry: Antitrust and Regulatory Updates You Need to Know

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In the European Union (EU), battery-electric vehicle (BEV) registration outpaced diesel vehicles for the first time in 2023. The EU electric vehicle (EV) market continues to show positive signs of consumer and private...more

McDermott Will & Emery

Mobility@McDermott: Monthly Update (10/2023)

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1. European Court of Justice rules on access to electronic vehicle data system- The European Court of Justice („ECJ“) on 5 October 2023 ruled that car manufacturers cannot impose conditions on independent repairers‘ access...more

White & Case LLP

International bidders bolster German M&A

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Amid a challenging economic climate, international buyers prompted by the energy transition target mainstay sectors including industrials & chemicals and automotive - German M&A has been negatively impacted by an array of...more

Sheppard Mullin Richter & Hampton LLP

Tax Credits for Electric Vehicle Batteries Under the Inflation Reduction Act: Free Trade Agreement Edition

On March 31, 2023, the U.S. Department of Treasury and Internal Revenue Service (IRS) released proposed guidance clarifying how manufacturers may meet the critical minerals and battery sourcing requirements for the clean...more

White & Case LLP

At a crossroads: Europe’s auto sector borrowers face change and the effects of events in Ukraine

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Vehicle sales rebounded strongly following lockdowns, but Europe’s automotive companies confront a period of significant change as governments phase out combustion engines, supply chain constraints bite and the impacts of...more

Spirit Legal

Are Tesla taxis a tragedy? Dutch taxi company demands 1.3 million euros in damages

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“We’ve never had as many problems as with Tesla” (Tofik Ohoudi) Faulty vehicles, incorrect odometer readings and poor service: for one of Tesla’s biggest Dutch customers, enough is enough. Bios-Groep, which uses around...more

Spirit Legal

Taugen Tesla-Taxis nichts? Niederländisches Taxi Unternehmen fordert 1,3 Mio. Schadensersatz

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"Noch nie so viele Probleme gesehen wie bei Tesla" (Tofik Ohoudi): niederländisches Taxiunternehmen fordert 1,3 Mio. Euro Schadensersatz. Defekte Autos, falsche Kilometerleistung und schlechter Service. Einer der größten...more

Foley & Lardner LLP

OESA Conference: Journey Back to the Future

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The Original Equipment Suppliers Association (OESA) 2020 annual automotive conference, conducted virtually this year, wrapped up on November 11 under the theme “Journey Back to the Future.” And what a journey it has been. ...more

Spirit Legal

Tesla to be fined millions: Violation of recycling requirements under German Batteries Act

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The German Federal Environment Agency (UBA) intends to fine Tesla in Germany millions of euros. The reason for this is Tesla’s apparent failure to comply with the applicable regulations on taking back and recycling batteries....more

Foley & Lardner LLP

EV Rebates and Subsidies Spur Growth amid Pandemic

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Europe hit a milestone in July—and no, it was not related to COVID-19 statistics. Electric vehicle (EV) car sales in Europe hit 500k in the first half of the year, outpacing China’s EV sales for the first time since 2015....more

Robins Kaplan LLP

Financial Daily Dose 7.15.2020 | Top Story: America’s Biggest Banks Setting Aside Tens of Billions for Anticipated Loan Losses

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The latest quarterly reporting shows that America’s biggest banks—among them, JPMorgan, Citigroup, and Wells Fargo—are taking self-imposed hits now in anticipation of a “wave of loan losses” later. Those three are...more

Robins Kaplan LLP

Financial Daily Dose 2.4.2020 | Top Story: Tesla Stock Hits New Highs on Reports From Battery Partners

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It’s all coming up Elon these days for Tesla and its stock. “Positive developments” from the electric carmaker’s battery suppliers helped goose shares even higher, ending the day at $780/share—a nearly 20% gain since Friday....more

Spilman Thomas & Battle, PLLC

Currents - Energy Industry Insights - January 2020 #3

Energy Blockchain’s Most Obvious Use Case is Not What You Think - "Instead, a select group of blockchain companies is finding success with a focus on certificates of origin, helping demonstrate the provenance of renewable...more

Robins Kaplan LLP

Financial Daily Dose 1.21.2020 | Top Story: World Economic Forum Kicks Off in Davos

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As it kicked off its 50th annual gathering today, the World Economic Forum in Davos is facing some hard questions—both about the state of the ideals it has long espoused (“open borders, liberal democracy and free borders,” to...more

Foley & Lardner LLP

It Is Industry Trend Season!

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Tis the season for bloggers of all industries and topics to write about expected trends for the New Year (or to comment on the trends that just happened in the last year). Here at the Dashboard we like to look forward, as...more

Foley & Lardner LLP

Parts of Europe Stage an Auto Sales Comeback in October as Economists Monitor Impacts of Global Sales Slowdown

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Good news coming out of the European markets- new car sales roles in October in many key regions, marking a positive change in an otherwise uncertain economic year in Europe.  However, a significant driver for the increase...more

Spilman Thomas & Battle, PLLC

Currents - Energy Industry Insights - September 2019

Atlantic Coast Pipeline Remains Halted as Developers Wait on Court Decisions - "There are currently two federal permits under review--one issued by the U.S. Fish and Wildlife Service and one issued by the U.S. Forest...more

Foley & Lardner LLP

As the Automotive Industry Faces Headwinds, Alliances and Innovation Forges Ahead

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If you happen to visit the Wall Street Journal, New York Times, or TechCrunch’s website on any given day, you wouldn’t be wrong to conclude that the Automotive industry was under attack from all sides. The likes of Apple,...more

Spilman Thomas & Battle, PLLC

Currents - Energy Industry Insights - May 2019 #2

New Sulfur Caps for Shipping Fuels Will Help Make the Shale Boom Even Bigger "Now the shale revolution will help shippers across the world comply with the International Maritime Organization's 2020 standards, called "IMO...more

Foley & Lardner LLP

Global AV and EV Regulatory Approaches in Focus Recently at Frankfurt Roundtable

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Given the pace of change in the automotive industry and related technologies, combined with increasing regulatory scrutiny and recent developments in trade and M&A, there are several risks and challenges the global automotive...more

Foley & Lardner LLP

Future of the Automotive Sector in Europe, China and the United States

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Given the pace of change in the automotive industry and related technologies, combined with increasing regulatory scrutiny, what risks and challenges can the global automotive industry expect to deal with in 2018 and beyond...more

Robins Kaplan LLP

Your Daily Dose of Financial News

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European authorities have opened an investigation into Inter Ikea, one of the Swiss retail giant’s two primary divisions based in the Netherlands, over “concerns that it may have been given unfair tax advantages”....more

Foley & Lardner LLP

European Union Proposes Stricter Emissions Targets and Incentives For Electric Vehicles

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On November 8, the European Commission proposed a new set of emissions standards for vehicles, starting in 2030. The standards include a further 30% CO2 emissions reduction for new cars and vans, on top of the standards in...more

Foley & Lardner LLP

Automotive Supplier Industry Experts Convene in Detroit and Share 2018 Outlook

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The Original Equipment Suppliers Association (OESA) held its 19th Annual Conference this week in suburban Detroit under the theme: “The Industry’s New Landscape.” And while much of the day was devoted to autonomous vehicle...more

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