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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. By 2027, the company plans to grow by 40% in Brazil, the region’s largest market. In total, the South American automotive market is expected to grow 11% a year until 2030, making it one of the fastest growing markets in the world.

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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. The China Association of Automobile Manufacturers also noted that Tesla has cleared data security and processing requirements in the country. Don’t hesitate to contact us with news tips.

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

Setec Powerr

According to the < Car news > reports , since this year on , The European new energy vehicle market continues to maintain rapid growth , The annual sales volume is expected to reach 200 More than ten thousand. therefore , European Association of automobile manufacturers ?ACEA?

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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. For the electrification of medium-duty pick-up trucks, particularly for the North American market, Schaeffler is developing and will manufacture an electric beam axle.

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JATO: global vehicle sales fall by 39% in March; electrified vehicles up to 17.4% new registration market share in Europe

Green Car Congress

With the pandemic spreading across the globe, strict lockdowns in key markets, combined with consumer panic and economic uncertainty, have all contributed to the huge decrease in sales last month. Registrations fell in all 27 markets, but with varying severity. This downward trend is not simply due to the restrictions of free movement.

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Stellantis & Leapmotor joint venture gets approval from Chinese regulator

Teslarati

The joint venture between Stellantis and Leapmotor still needs regulatory approval in other markets. Tesla’s China deals concerns chair of US Congressional Committee In a statement to Reuters , Leapmotor shared that its first EV model for the overseas market will be launched for sale in Germany, France, Italy, and Spain.

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