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Volkswagen Group and SOVAC to produce vehicles in Algeria

Green Car Congress

The Volkswagen Group has signed a contract for vehicle assembly in Algeria through a joint venture with SOVAC S.P.A., Volkswagen’s sales partner in the region. From the spring of 2017, the joint venture company SOVAC Production S.P.A. will produce selected Group models.

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SEAT to introduce 500 km MEB-based EV, Leon PHEV in 2020

Green Car Congress

The first two vehicles will be the SEAT Tarraco and the CUPRA Ateca, which are going on sale at the end of 2018. billion) in its future, mainly allocated to its biggest ever product offensive, as well as to developing new services to achieve the goal of placing the company at the forefront of digitization, connectivity and smart mobility.

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Geely exports more than 100,000 vehicles in 2012; 164% year-on-year growth

Green Car Congress

Zhejiang Geely Holding Group set a new export sales record in December with 11,000 cars being exported during the month, which also helped the company increase its export sales over the course of 2012 by 164%. Geely’s December 2012 sales were pulled forward by a strong showing from the Emgrand series of vehicles.

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SEAT to launch 6 electric and plug-in hybrid models, develop smaller version of MEB for lower-cost EVs

Green Car Congress

SEAT President Luca de Meo also announced at the company’s annual media conference that the CUPRA Formentor, the new CUV that was unveiled at the Geneva Motor Show, will be built at the Martorell factory. The goal for forthcoming years is to step up the company’s globalization. In 2018 SEAT obtained the best results in its history.

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Opinion: Is Russia Plotting To Bring Down OPEC?

Green Car Congress

Novatek and its partners Total and Chinese National Petroleum Company still lack $15 billion of the $27 billion needed to finance the Yamal LNG plant. They include bans on financing for and the supply of critical equipment and technology to important Russian energy projects.

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