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

Green Car Congress

Companies to retain independent corporate structures. The collaboration will be overseen by a new governance model, supported by Geely Holding, the lead shareholder in both companies. Volvo Cars and Geely Auto confirmed the combination of their existing powertrain operations into a new standalone company.

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National Electric Vehicle Sweden AB (NEVS) and Dongfeng Motor Corporation enter strategic cooperation, focused on new energy vehicles

Green Car Congress

National Electric Vehicle Sweden AB (NEVS)—the rebirthed Saab—and Dongfeng Motor Corporation (Dongfeng) have signed a strategic cooperation agreement to achieve global industrial synergies. Dongfeng is one of the leading vehicle company groups in the world. million units in 2014 and 1.83 million units in 2014 and 1.83

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Suzuki, Subaru, Daihatsu, Toyota and Mazda to develop joint technical specifications for next-generation vehicle communications devices

Green Car Congress

Suzuki Motor Corporation, Subaru Corporation (Subaru), Daihatsu Motor Co. Toyota Motor Corporation, and Mazda Motor Corporation reached an agreement to develop jointly technical specifications for next-generation vehicle communications devices.

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CATL and Toyota form comprehensive partnership for new energy vehicle batteries

Green Car Congress

Limited (CATL) and Toyota Motor Corporation have entered into a comprehensive partnership agreement for the stable supply and further development of New Energy Vehicle (NEV) batteries. To this end, the two companies intend to establish joint systems and engage in specific initiatives together.

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Hyundai Motor Group invests $300M in India’s largest mobility service provider Ola

Green Car Congress

Hyundai Motor Group and India-based Ola—one of the world’s largest ride-hailing platforms— announced a strategic partnership under which Hyundai Motor Company and Kia Motors Corporation will make their biggest combined investment to date, as part the Group’s continued efforts to become a Smart Mobility Solutions Provider.

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Yanmar developing hydrogen fuel cell system for maritime applications

Green Car Congress

The company has signed a memorandum of understanding with Toyota Motor Corporation to develop a hydrogen fuel cell system for maritime applications based on hydrogen fuel cell system components including high pressure hydrogen tanks on MIRAI, a hydrogen fuel cell automobile manufactured by Toyota. Earlier post.)

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Infineon Technologies and SAIC Motor establish power module JV in China

Green Car Congress

SAIC Motor Corporation Limited and Infineon Technologies AG established a joint venture to manufacture power modules for the developing electric vehicle market in China. SAIC Motor holds a stake of 51% of the JV and Infineon 49 percent, respectively. The partners have received all approvals by public authorities.

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