Friday, 24 July 2026 · Europe
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EUROPES The European Report
European Edition Friday, 24 July 2026
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Tech & Startups

Europe’s carmakers are pivoting to defence as EV demand slows and military budgets soar

Europe’s carmakers are pivoting to defence as EV demand slows and military budgets soar
The Next Web

Four European automakers announced military vehicle partnerships in the past week. Ineos is bidding for a UK Ministry of Defence contract. Daimler Truck launched a dedicated defence brand. Renault partnered with Thales for armoured vehicles. Mercedes-Benz teamed up with a German startup to build anti-drone platforms. The European car industry is retooling for rearmament. Ineos […] This story continues at The Next Web

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