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Porsche to invest more than $7.4B in electromobility by 2022

Green Car Congress

Porsche will invest more than €6 billion (US$7.4 The money will be spent on derivatives of the Mission E ( earlier post ), hybridization and electrification of the current model range, as well as on developing a charging infrastructure and smart mobility. —Oliver Blume, Chairman of the Executive Board of Porsche AG.

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VW ID 3 Deposits; Porsche diesel fines; best deals; Colorado EV pushback: Today's Car News

Green Car Reports

Germany fined Porsche $600 million over diesel-emissions cheating. The Alliance of Automobile Manufacturers headed to Colorado to head off the state's effort to mandate electric vehicle sales there. And we rounded up all the best deals on electric, plug-in, and hybrid cars this.

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Auto Alliance pushing for passage of Maryland SB 1234 that would require state purchase of ZEVs; 50% of LDVs by 2026

Green Car Congress

The Alliance of Automobile Manufacturers (Auto Alliance) is strongly supporting the passage of Maryland’s SB 1234 , a bill that would require the State of Maryland to purchase zero emission vehicles (ZEVs) for state fleets. These vehicles are at the dealerships and on the roads, but this is just the beginning.

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Auto Industry and Utilities Urge President Obama to Create to National Electric Fuel Task Force to Accelerate Plug-in Adoption

Green Car Congress

Organizations representing auto manufacturers, electric utilities and the electric drive industry are calling on President Obama to establish a new National Electric Fuel Task Force to help accelerate the adoption of plug-in electric vehicles and the necessary infrastructure.

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Volkswagen Group to invest €51.6B over next five years; seeking to make itself future-proof

Green Car Congress

The Group will continue driving forward the development of hybrid and electric motors in particular. The Volkswagen Group is one of the world’s leading automobile manufacturers and the largest carmaker in Europe. The Group is trying to complete a complex merger with Porsche. These companies will invest a total of €10.6

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Volkswagen Group to invest more than €62 billion up to 2016; largest-yet investment package for new models, advanced technologies and production facilities

Green Car Congress

The Volkswagen Group is investing a record amount in forward-looking projects to achieve its goal of becoming the world’s best automobile manufacturer in economic and ecological terms. In particular, the Group will continue to press ahead with the development of hybrid and electric engines. billion (US$23.5) billion (US$19.3

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EUCAR calls for targeted support for automotive initiatives in €80B Horizon 2020 program; targeting €5B budget

Green Car Congress

EUCAR members are BMW, DAF, Daimler, Fiat, Ford of Europe, GM/Opel, Jaguar Land Rover, Porsche, PSA Peugeot Citroën, Renault, Scania, Volkswagen, Volvo Cars and Volvo Group. EUCAR is closely connected to ACEA, the European Automobile Manufacturers Association.

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