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GAC Group begins construction of $6.5B industrial park for electric and intelligent vehicles

Green Car Congress

China-based automobile manufacturer Guangzhou Automobile Group (GAC Group), the parent company of GAC Motor, has begun construction of a large industrial park for electric and intelligent vehicles as part of its efforts to boost its electric vehicle business. More than 45 billion yuan (US$6.5

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Volkswagen Group to Invest 4B by 2011 to Expand Activities in China

Green Car Congress

The Volkswagen Group is set to continue its growth in China over the next few years. Between 2009 and 2011, the Group is to invest a total of €4 billion (US$5.8 The investments are to be financed from the cash flow of the Chinese joint venture companies. Winfried Vahland, President and CEO of Volkswagen Group China.

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Continental in strategic agreements with NIO on EVs, Baidu on autonomous driving

Green Car Congress

Cars of the future will feature electric drives, which will be fully connected and automated. Continental is well positioned to successfully meet these future demands on automotive drive systems. Our collaboration with NIO will contribute to further advance the development of electric vehicles and the Chinese electric vehicle market.

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BAIC BJEV opens Silicon Valley EV research center, planning another for Europe

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BJEV plans to bring a complete lineup of alternative energy automobiles to market. These will be categorized according to distance per charge into three groups; 2, 3 and 4, representing 200, 300 and 400 kilometers (124, 186 and 249 miles) per charge respectively. BJEV ranks sixth globally in terms of pure EV sales.

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Study of Sustainable Value in Automobile Manufacturing Finds Mixed Performance for Most OEMs, BMW and Toyota as the Clear Leaders

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The BMW Group and Toyota are consistent industry leaders, creating extremely positive Sustainable Value over the entire review period—i.e., The authors note that other leading manufacturers including Porsche, KIA or Chinese manufacturers are still not producing sufficient sustainability performance data.).

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Nidec to form electric traction motor JV with a subsidiary of Guangzhou Automobile Group

Green Car Congress

a member of China-based Guangzhou Automobile Group Co., GAC Components is a subsidiary of major Chinese car manufacturer Guangzhou Automobile Group with the sixth-largest market share in the increasingly environmentally strict China. to manufacture automotive traction motors.

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VW Chief Executive Says Company Will Introduce EVs Based on the Up! New Small Family in 2013; Cautions Against Electro-Hype

Green Car Congress

Winterkorn made the remarks during a presentation at the 17 th Handelsblatt-Jahrestagung in Munich on 3 July, during which he outlined VW’s approach to future mobility in the current context of the economic crisis, pessimism about the industry and technology potential. Background. We have nine strong brands that work well together.

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