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Volkswagen extending Automotive Cloud to China and US in addition to Europe; core markets for future ID. EV

Green Car Congress

develop the Volkswagen Automotive Cloud, one of the largest dedicated automotive industry clouds for all future Volkswagen digital services and mobility offerings. Digital technology is rapidly changing every aspect of the auto industry—from the manufacturing process to the car itself. Earlier post.). model family.

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Renault CEO calls for Auto European plan to protect against ‘onslaught of EVs from China’

Teslarati

Renault CEO Luca de Meo released a 19-page open letter to Europe describing an auto European plan to protect against the ‘onslaught of electric vehicles (EV)’ coming from China.” Meo stated that the center of the global automotive market has gravitated toward Asia. Buoyed by its huge domestic market (8.5

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Will the Japanese Auto Industry Completely Collapse?

My Electric Car

The Japanese auto industry is facing a potential demise due to its slow adoption of electric cars. However, the Japanese auto industry has been slow to adopt this technology, and has not been able to keep up with the competition from other countries.

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BYD Europe aims to beat Tesla & big EU automakers

Teslarati

BYD European boss Michael Shu made bold claims during the Financial Times’ Future of the Car Summit. BYD Europe wants to triple its market in the region by 2025. The Chinese automaker plans to use an aggressive marketing strategy to accomplish its goal. “We are confident that we could be in a leading position.

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Daimler and BYD restructure DENZA joint venture to 10:90

Green Car Congress

Daimler Greater China Ltd. and its long-term Chinese partner BYD Auto Industry Co., The strong support in operations by BYD will facilitate the future success of DENZA, while Daimler stays committed as a shareholder. Daimler and BYD aim to accelerate the development of DENZA in China’s fast-growing NEV market.

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AlixPartners study finds post-crisis auto industry facing new set of challenges; sales projected below historical levels for foreseeable future

Green Car Congress

Specifically, the firm estimates US auto sales will reach just 12.7 AlixPartners also estimates that on-going unemployment and underemployment could cost the auto industry up to 1.5 Another market headwind is the stagnant US housing market. billion in 2010 profit on a net margin of 4.6% million in 2012.

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Volkswagen starts pre-production in first China plant focused only on e-mobility; MEB-based vehicles from Oct 2020

Green Car Congress

Celebrating the start of pre-production, a first China-specific all-electric Volkswagen ID. The Volkswagen Group projects a total volume of 22 million all-electric cars worldwide by 2028, with more than 50 percent of that from China. family in China as well, a brand-new generation of fully electric and connected vehicles.

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