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Geely Auto forms new premium electric car company Zeekr; SEA EV architecture

Green Car Congress

Geely Auto Group (Geely Auto) officially announced the widely reported formation of Zeekr—a new electric mobility technology and solutions company based in China that will serve growing global demand for premium electric vehicles. Governance structure.

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Motherson Group collaborating with UBQ to bring carbon-negative thermoplastics into auto parts

Green Car Congress

Global automotive Tier 1 manufacturer Motherson Group is collaborating with Israeli cleantech company UBQ Materials. The companies are joining efforts to implement the carbon-negative UBQ thermoplastic ( earlier post ) into auto parts manufactured by Motherson Group for the automotive industry. Polymers typically emit 1.9

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Volkswagen Group, Siemens invests $450M in Electrify America

Green Car Congress

The Volkswagen Group and Siemens are investing $450 million in Electrify America, with a post-money valuation of $2.45 The Volkswagen Group had earlier made a capital commitment of $2 billion through 2026. —Thomas Schmall, Volkswagen Group Board of Management member for Technology and CEO of Volkswagen Group Components.

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TTTech Auto expands in China with MotionWise software platform for automated driving

Green Car Congress

TTTech Auto , the Vienna-based provider of automotive safety software, is expanding its operations with a dedicated subsidiary in China. TTTech Auto already has a presence in the Chinese market through its joint venture Technomous operated together with SAIC Motor, China’s largest automotive manufacturer.

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Aftermarket arm of Lumax Auto Tech partners with Bluechem Group for car care products – ET Auto

Baua Electric

New Delhi: Lumax Auto Technologies Limited (LATL), a leading Tier-1 diversified automotive systems and components manufacturer, through its aftermarket division has entered into a strategic partnership with Bluechem Group of Germany, one of the world leaders in innovative automotive car care solutions. Sanjay Bhagat , Sr.

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Volvo Cars and Geely Auto to deepen collaboration; new combined powertrain company

Green Car Congress

Volvo Cars and Geely Auto have agreed on a wide-ranging collaboration that will maximize the strengths of the Swedish and Chinese automotive groups, delivering synergies in powertrains, sharing of electric vehicle architecture, joint procurement, autonomous drive technologies and aftersales.

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CarDekho Group eyeing 40% consolidated growth in FY25: Founder Amit Jain – ET Auto

Baua Electric

Autotech and financial solution provider CarDekho Group is eyeing over 40% consolidated headline growth in FY25 and is on the prowl for value-accretive acquisitions, chief executive and co-founder and Shark Tank India judge Amit Jain has said. “This year we expect to clock about 50%growth as a group on a consolidated basis. .

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