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GM Reaches Agreement with China-based Pacific Century Motors on the Sale of Nexteer Automotive

Green Car Congress

Terms of the sale were not disclosed. The company designs, engineers, manufactures and sells electric power steering, hydraulic power steering, steering columns and driveline halfshafts for more than 60 automobile manufacturers and tier one suppliers. Headquartered in Saginaw, Mich., Headquartered in Saginaw, Mich.,

GM 186
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China realizes charging piles, complete vehicles and accessories to go overseas

Setec Powerr

Sales of new energy vehicles are expected to increase by 40-45% this year. According to statistics from the China Automobile Dealers Association, my country’s auto exports will reach 2.015 million in 2021, a year-on-year increase of 101.1%, exceeding 2 million for the first time in history. Demand for charging piles soars.

China 52
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Volkswagen Group and Tata Motors Ltd. to explore strategic alliance for joint development projects; ŠKODA to lead

Green Car Congress

Matthias Müller, CEO of Volkswagen AG, Bernhard Maier, CEO of ŠKODA Auto and Günter Butschek, CEO and Managing Director of Tata Motors Ltd., The goal of the strategic alliance is to bundle the expertise of both car manufacturers with a view to jointly developing vehicle components and possibly also vehicle concepts.

Motor 150
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Perspective: US Needs to Transition to Hydrous Ethanol as the Primary Renewable Transportation Fuel

Green Car Congress

Brazil, the largest and most populous country in South America, was importing 80% of its oil and 40% of its foreign exchange was used to pay for that imported oil. Automobile manufacturers were given tax breaks to produce cars that ran on hydrous ethanol, and, by 1980, every automobile company in Brazil was following this lead.