[International Express] Samsung SDI is rumored to be developing various types of 4680 batteries; European electric vehicle market share reached 19% in April; Tesla will introduce casting machines for Cybertruck

European EVmarket share reaches 19%in April

According to EV Volumes, in April, electric vehicle registrations in Europe were around 158,600 units, down 1% year-on-year, but the market share expanded to 19%.Among them, the salesof pure electric vehicles wereabout 83,500 units, a year-on-year increase of 15%, with a market share of 10%; the sales of plug-in hybrid vehicles were about 75,000 units, a year-on-year decrease of 14%, with a market share of 9%.

It is rumored that Samsung SDI is developingvarious typesof4680 batteries

According to people familiar with the matter, Samsung SDI is developing various types of 4680 cells, which are cylindrical cells with a diameter of 46 mm and different heights.It is reported that the company is developing a cylindrical battery with a height between 40mm and 60mm.

Lexus European sales may drop sharply due to Russia-Ukraine situation

The escalation of the situation in Russia and Ukraine and sanctions against Russia by the United States and Europe will have a huge impact on Lexus.Lexus' sales in Russia and Ukraine account for about 30 percent of its European sales, and Russia is Lexus' largest market in Europe.Spiros Fortinos, head of Lexus Europe, said, "We stopped local deliveries due to sanctions against Russia."

Marelli selects KKR to lead debt restructuring

Magneti Marelli, an auto parts supplier seeking to renegotiate debt, has selected current owner KKR & Co. as its investor to revamp the business.As part of a restructuring plan, Marelli is seeking to cancel about 450 billion yen ($3.5 billion) in debt from about 1.13 trillion yen in obligations, people familiar with the matter said.Some of the debt will be converted into equity.

Tesla to Introduce Giga Press Casting Machine to Cybertruck

Tesla will procure the Giga Press, the world's largest casting machine, and use it to produce the Cybertruck body.Idra has been showing off a 9,000-pound Giga Press casting machine for the past few weeks, and now Musk has confirmed that the machine will be used to produce Cybertruck bodies.

Mercedes-Benz to build a new battery R&D campus

Mercedes-Benz will build a new research and development campus at its Untertuerkheim plant in Germany, where batteries will be researched, designed and produced in small batches starting in 2023.By 2025, the campus will also operate a battery safety lab that will test batteries for safety, longevity and environmental impact.

Foxconn raises second-quarter and full-year guidance

On May 31, Apple's main assembler Foxconn raised its second-quarter and full-year forecasts and said the stability of its supply chain was improving.

ANFIA: Electric vehicles are not the only way to decarbonize the auto industry

Paolo Scudieri, president of the Italian auto industry association ANFIA, said electric vehicles are not the only effective way to reduce carbon emissions in the auto industry.Scudieri said other technologies could help decarbonize the auto industry and meet the same emissions targets, while preserving Italian technology and jobs.

Volkswagen ID.Buzz starting price higher than expected

The Volkswagen Group has released the starting price for the Volkswagen ID.Buzz electric minibus in Europe, which is higher than expected.The ID.Buzz starts at £57,115 ($72,000) in the UK, while previous reports suggested the ID.Buzz could start at less than $50,000.

2023 BMW X1 to go on sale in the U.S.

BMW's smallest crossover, the X1, is getting an upgrade, with a redesigned X1 that's roomier, has updated tech and a more powerful powertrain.The 2023 BMW X1 will go on sale in the U.S. in the fourth quarter, starting at $39,595 including shipping.

Peugeot to unveil 408 crossover

Peugeot will unveil a coupe-style crossover, the 408, at the end of June, hoping to expand its lineup of compact models with the new model.

Average U.S. unleaded gasoline price hits record high

According to the American Automobile Association (AAA), the average price of unleaded gasoline in the United States reached $4.62 a gallon on May 31, up more than 50% year-on-year and reaching a new high.Gasoline prices typically peak in mid-May, but this year's rally in gasoline prices could continue into July and reach about $5 a gallon or more, analysts said.