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Mitsubishi Rayon acquires majority of carbon fiber reinforced plastics company Wethje; targeting auto industry

Green Car Congress

(MRC) recently executed a share sales and purchase agreement by which it will acquire 51% of Wethje Holding GmbH , a German company engaged in manufacturing of carbon fiber reinforced plastics (CFRP) parts for automobile applications, from Wethje parent Cross Industries AG.

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ACEA study finds cost still strong deterrent for EV uptake across Europe; calls for “realistic” targets recognizing affordability

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The new ACEA data not only show a clear split in electric car sales between Central-Eastern and Western Europe, but also a pronounced North-South divide (eg Greece 0.2%, Italy 0.2% The auto industry is eager to move as fast as it can towards zero-emission vehicles. —Erik Jonnaert. and Spain 0.6%). —ACEA report.

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EC rolls out CARS 2020 action plan for European auto industry

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With this strategy, the Commission intends to support the active role the automotive sector will play in seeking to reverse the declining share of industry in Europe from its current level. CARS 2020: Action Plan for a competitive and sustainable automotive industry in. social impacts of restructuring. Background information.

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European auto industry proposes further 20% cut in passenger car CO2 by 2030 from 2021; conditional on EV uptake and infrastructure; no ZEV mandate

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ACEA represents the 15 Europe-based car, van, truck and bus manufacturers: BMW Group, DAF Trucks, Daimler, Fiat Chrysler Automobiles, Ford of Europe, Hyundai Motor Europe, Iveco, Jaguar Land Rover, Opel Automobile, PSA Group, Renault Group, Toyota Motor Europe, Volkswagen Group, Volvo Cars, and Volvo Group.

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

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Among the coming developments, the Volkswagen Automotive Cloud will be extended step-by-step to further regions of the world and to be available in Europe, China and the USA—the core markets for the future full-electric, fully connected ID. will be the first vehicle to use the Automotive Cloud and is to be launched in Europe in 2020.

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CPT presenting two papers at SAE World Congress on SpeedStart and TIGERS for 48V mild hybrid systems

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Controlled Power Technologies (CPT) will deliver two technical papers at SAE World Congress in April on its SpeedStart torque assist and kinetic energy recovery system ( earlier post ) and TIGERS turbine integrated gas energy recovery system ( earlier post ) for 48V mild hybrid vehicles. Earlier post.)

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ICCT report finds US domestic EV production and investment continues to fall; only 5% of global EV investment to go to US EV assembly plants

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The United States is the third-largest electric vehicle (EV) producer behind China and Europe; a new study from the International Council on Clean Transportation (ICCT) finds that the gap has widened. Automakers based in China and Europe have made more substantial commitments to EVs. million over the same period. Source: The ICCT.

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