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China exported greater than 2 million automobiles in first part of 2023, BYD and Chery grew quickest

Baua Electric

million automobiles, a year-on-year building up of 75.7%, in keeping with the China Affiliation of Car Producers (CAAM). million passenger automobiles had been exported, an building up of 88.4% year-on-year; 534,000 fresh power automobiles had been exported, a year-on-year building up of 160%.

Chery 52
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Volkswagen Group lays foundation stone for new engine plant in Russia; part of $1.1B investment in Russia over next three years

Green Car Congress

The Volkswagen Group is the largest foreign automobile investor in Russia. billion) in local production and new models for Russia. billion) in Russia over the next three years. The Group also plans to build a logistics center near Moscow. Since 2006, the Group has invested about €1 billion (US$1.3

Russia 225
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Volkswagen and GAZ sign agreement for contract manufacturing in Russia

Green Car Congress

The companies already concluded a memorandum of understanding regarding joint automobile production in Russia in February 2011. Under the contract manufacturing agreement, GAZ is to build the Volkswagen Jetta, Škoda Octavia and Škoda Yeti models for the Russian market. The planned production volume is 110,000 vehicles per year.

Russia 186
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China become the sector’s biggest car exporter in Q1 2023, surpassing Japan

Baua Electric

069 million automobiles. Japan impaired to be the sector’s eminent car exporter, exporting 1.047 million automobiles within the first quarter of this 12 months. Additionally, from January to April this 12 months, Chinese language automobile firms exported a complete of one.37 37 million automobiles.

Japan 52
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LKAB identifies Europe’s largest deposit of rare earth metals in Lapland; Per Geijer

Green Car Congress

This is the largest known deposit of rare earth elements in our part of the world, and it could become a significant building block for producing the critical raw materials that are absolutely crucial to enable the green transition. Electrification, the EU’s self-sufficiency and independence from Russia and China will begin in the mine.

Europe 259
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Hyundai Motor to accelerate transition into smart mobility solution provider

Green Car Congress

It will also support democratization of EVs in emerging markets such as India, Russia and Brazil with more diverse EV models. The company plans to build 20 high-speed charging stations in Korea by 2021. To meet diverse needs of regional customers, the company plans to pursue regionally-optimized EV product operation strategies.

Hyundai 360
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Mitsubishi to debut eight xEVs in next five years: hybrids, plug-in hybrids, EVs

Green Car Congress

Mitsubishi Motors Corporation (MMC) plans to introduce eight hybrid (HEV), plug-in hybrid (PHEV), and battery-powered (BEV) models by fiscal year 2015 in anticipation that demand for low-carbon, fuel-efficient automobiles will expand worldwide.