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Hyundai Motor to invest $85B over next 10 years to accelerate transition to smart mobility provider

Green Car Congress

At an Investor Day event in Seoul, Hyundai Motor said that it will accelerate its transition toward becoming a smart mobility solution provider by securing a large-scale investment of KRW 109.4 The company is currently producing EVs in this way at its plants in the US, South Korea, the Czech Republic, and India. trillion (US$27.8

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Fiat Chrysler Automobiles, IVECO and ENGIE collaborating to promote natural gas in Europe starting from Belgium

Green Car Congress

Fiat Chrysler Automobiles (FCA), IVECO (a brand of CNH Industrial) and ENGIE (Global Energy Player) are broadly collaborating to promote natural gas vehicles and infrastructure in Europe. FCA is pursuing the development of alternative fuel motors as a key pillar in its strategy.

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New Car Registrations in Europe Down 18.3% in February

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less compared to the same month of 2008, according to figures from the European Automobile Manufacturers’s Association (ACEA). growth, carried by strong demand in certain market segments following the recent motor vehicle tax reform and scrapping bonus introduced by the German government. Germany stood out with a 21.5%

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More than 50 percent of MoUs signed in Vibrant Gujarat are green | Autocar Professional

Baua Electric

According to industry estimates, the state’s automotive sector is now valued at USD 3 billion, with Gujarat exporting automobiles and auto components with over eight lakh vehicles exported in the fiscal year 2020-21. Tata Motors currently has signed an MoU with the Gujarat government to establish a lithium-ion cell factory.

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2018 Toyota AYGO mid-lifecycle update features enhanced 1.0L engine; Euro 6d-TEMP-compliant; up to 61.8 mpg

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Toyota Motor is introducing a mid-lifecycle model change for the AYGO, its successful A-segment entry in the European market. A new throttle body motor and ignition coil were adopted and, last but not least, we made changes to the cylinder head and block, the piston design and the EGR system.

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Growing Number of EU Countries Levying CO2 Taxes on Cars and Incentivizing Plug-ins

Green Car Congress

At present, 17 of the 27 EU Member States levy CO 2 -related taxes on passenger cars, and 15 governments provide tax incentives for electrically chargeable vehicles, according to the newly published European Automobile Manufacturers’ Association (ACEA) Tax Guide 2010. New to the list is Belgium. Overview of EU CO 2 -based taxes.

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