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JATO: global vehicle sales fall by 39% in March; electrified vehicles up to 17.4% new registration market share in Europe

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The outbreak of COVID-19 has already impacted the automotive industry significantly, according to JATO Dynamics, a leading provider of global automotive data and insight. Global vehicle sales totalled 5.55 —Felipe Munoz, JATO’s global analyst. China, Europe, and the US all posted double-digit declines in March.

Europe 261
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ACEA, Hydrogen Europe and IRU call on EU to ramp up investments in hydrogen refueling infrastructure

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The European Automobile Manufacturers’ Association (ACEA), Hydrogen Europe and the International Road Transport Union (IRU) are jointly calling on European policy makers to ramp up investments in EU-wide hydrogen refueling infrastructure for fuel cell electric vehicles. the Connecting Europe Facility). logistic centers).

Hydrogen 191
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Global Commercial Vehicle Industry Meeting endorses harmonized global approach to improve fuel efficiency and reduce GHGs

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Leading global manufacturers of heavy-duty commercial trucks and engines gathering at the annual Global Commercial Vehicle Industry Meeting endorsed a harmonized global approach as an effective pathway to further improve energy efficiency and reducing greenhouse gas emissions from commercial vehicles.

Global 239
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Volkswagen selects China-based LEAD for European gigafactory battery manufacturing equipment

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(LEAD) announced that it has been contracted by Volkswagen to supply battery manufacturing equipment for Salzgitter, accounting for more than 65% of the total equipment quantity for that 20 GWh gigafactory. Volkswagen has announced it will invest €30 billion to build 6 battery factories in Europe.

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

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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 Click to enlarge.

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Auto industry to invest USD 7 bn in 5 years to deepen parts localisation – ET Auto

Baua Electric

“World over, the industry is building resilient supply chains by reducing overdependence on any particular country or geography,” said Shradha Suri Marwah, president of ACMA. Automakers and their suppliers are likely to make this investment between FY24 and FY28, industry body Automotive Component Manufacturers Association ( ACMA ) said.

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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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At the Frankfurt Motor Show, the European Automobile Manufacturers’ Association (ACEA) outlined the industry’s proposal for a pathway to future CO 2 reductions: a 20% CO 2 reduction for passenger cars by 2030, compared to 2021. The European Commission will reveal its proposal on CO 2 targets for cars post-2021 later this year.