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Volkswagen brand to invest €1B by 2026 in South America; targeting 40% growth in Brazil

Green Car Congress

The Volkswagen brand aims to make significant gains in South America with a major product offensive. For example, 15 new electric and flex-fuel vehicle models are being launched by 2025 alone. Hybrid vehicles will also follow in the medium-term. To this end, we are investing one billion euros in South America by 2026.

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Tesla FSD in China could add $2.3 billion in annual earnings by 2030: Bank of America

Teslarati

Bank of America seems to be seeing the potential of Full Self Driving (FSD) for Tesla’s future in China. In a note, the bank noted that FSD has the potential to boost the electric vehicle maker’s earnings by $2.3 billion in annual earnings by 2030 under the same assumptions,” Bank of America noted.

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Honda targeting 100% BEV & FCEV sales in N America by 2040; new e:Architecture EVs coming in second half of this decade

Green Car Congress

Honda last week announced key targets for sales of electrified vehicles in North America, with a plan to make battery-electric and fuel cell electric vehicles (BEVs and FCEVs) to represent 100% of its vehicle sales by 2040, progressing from sales of 40% by 2030 and 80% by 2035. Renewable Energy Efforts in North America.

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Schaeffler introducing 4in1 electric axles for EVs

Green Car Congress

In the future, Schaeffler will supply beam axles to automobile manufacturers, particularly in North America. The thermal management system has a significant influence on the efficiency and comfort of the vehicle. Another new development are electric beam axles for pick-up trucks.

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TWAICE and pepper partner for full battery transparency in retrofitted commercial vehicles

Green Car Congress

Retrofitting can be an economical and sustainable alternative to diesel vehicles. The vehicles will be delivered primarily in Europe, North and South America. TWAICE will support pepper and commercial fleet operators in both the development and operation of the electric vehicles.

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New bipartisan bill in US Congress to expand EV and hydrogen fuel cell tax credits

Green Car Congress

US Senators Debbie Stabenow (D-MI), Lamar Alexander (R-TN), Gary Peters (D-MI), and Susan Collins (R-ME) along with Congressman Dan Kildee (MI-05) introduced the Driving America Forward Act, bipartisan legislation to expand the electric vehicle and hydrogen fuel cell tax credits. ITC Holdings Corp.,

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40,000 pre-built charging piles in North America, the status quo of charging piles in Europe, America and Japan

Setec Powerr

With the vigorous development of new energy vehicles all over the world ,“ Add charging pile ” It seems that a consensus has been reached at home and abroad. Besides , Consumer demand for electric vehicles “ Mileage anxiety ” It will also affect the expansion of the electric vehicle market. at present , The EU has about 70?