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Foton Motor and motorcycle leader Piaggio Group partner on development of light commercial vehicles; EVs to come

Green Car Congress

Since 2016, Foton Motor and Piaggio Group have signed a Memorandum of Understanding and a Framework Agreement in succession. The cooperation between Foton and Piaggio Group this time is an important milestone for the joint expansion of the European auto market for the two parties. Piaggio Porter.

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Honeywell Transportation Systems Forecast: turbocharged vehicles to account for 48% of annual global sales by 2021; electric boosting emerges

Green Car Congress

Honeywell’s Transportation Systems Forecast projects that turbocharged vehicles will acount for 48% of annual global sales by 2021, up 9 percentage points from 2016. Electrics and hybrids are expected to grow from a total of 3 million vehicles in 2016 to a total of 16 million by 2021. million in 2016. million versus 7.5

Global 150
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Nissan launches expanded strategy for Brazil with new $1.4B manufacturing plant; Renault boosting production capacity there by 100,000 units

Green Car Congress

In June Nissan released details of its “Power 88” mid-term strategy, including plans to become the leading Asian automotive brand in Brazil—the world’s fourth largest auto market by volume—and attain at least 5% market share in the country by 2016. exports vehicles to the other markets in South America.

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Volkswagen Group and Tata Motors Ltd. to explore strategic alliance for joint development projects; ŠKODA to lead

Green Car Congress

Matthias Müller, CEO of Volkswagen AG, Bernhard Maier, CEO of ŠKODA Auto and Günter Butschek, CEO and Managing Director of Tata Motors Ltd., In order to share responsibility among the Volkswagen Group brands, ŠKODA Auto is to lead the project. million cars in 2016. in what would become Czechoslovakia in 1918.

Motor 150
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IHS Automotive forecasts 88.6M unit global light vehicle market in 2015; 2.4% growth

Green Car Congress

million units, aided with increased auto finance penetration, fast dealership expansion and government vehicle scrappage programs. The size of the market contraction in Russia is the biggest wild card facing vehicle manufacturers across the European continent, if not the world, in 2015 and 2016.” South America.

2015 150
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Roskill: record cobalt deals in Q1 2018 show raw material procurement for Li-ion batteries revving up

Green Car Congress

At least 12 recorded lithium and six cobalt transactions have been closed between downstream manufacturers and mining companies since 2016, signalling a changing trend in procurement strategy. Cobalt takes center stage.

Li-ion 150
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Volkswagen again reaffirms 20 new PEV models coming across the Group; MEB development

Green Car Congress

In his remarks at the Annual Media Conference, where the Group presented 2015 results, Matthias Müller, Chairman of the Board of Management of Volkswagen AG, said that 2016 will be a year of transition for Volkswagen, and will also see the accelerated transformation of the company. Prospects for 2016. Earlier post.) year-on-year to €1.9

2015 150