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Motor vehicle taxation brings in €440.4B for governments in major European markets

Green Car Congress

New data shows that motor vehicles generate more than €440 billion in taxation per year for national governments in the major EU markets plus the UK, the European Automobile Manufacturers’ Association (ACEA) reports. This just goes to show the sheer scale of the importance of the automobile industry to Europe.

Motors 284
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Tata Motors launches innovative Harman Ignite Platform in its passenger vehicles – ET Auto

Baua Electric

New Delhi: Tata Motors , India’s leading automobile manufacturer, has selected the Harman Ignite Store as its in-vehicle app store, bringing easily accessible, reliable and safe mobility experiences to more customers. We are delighted to collaborate with Tata Motors and bring India its first integrated in-vehicle app store.

Motors 52
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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.

Hyundai 186
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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.

China 218
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SF Motors to acquire EV battery module startup InEVit, headed by Martin Eberhard

Green Car Congress

SF Motors, a Silicon Valley electric vehicle (EV) company and subsidiary of Shanghai-based Sokon Industry Group, has acquired InEVit Inc., The pre-revenue company will become a wholly-owned subsidiary of SF Motors, and will continue to market and license its innovations to competitive vehicle OEMs.

Motors 170
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Stellantis strengthens ties with China’s auto industry

Teslarati

Stellantis appears to be strengthening its ties in China’s automotive industry. Dongfeng Motors Corporation Ltd. is a state-owned automobile manufacturer headquartered in Wuhan, Hubei. The post Stellantis strengthens ties with China’s auto industry appeared first on TESLARATI.

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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. —Yu Jun, General Manager of GAC Motor.