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Renault Group signs agreements to sell Renault Russia and its controlling interest in AVTOVAZ; option to buy back in future

Green Car Congress

The Board of Directors of Renault Group unanimously approved the signing of agreements to sell 100% of Renault Group’s shares in Renault Russia to Moscow City entity and its 67.69% interest in AVTOVAZ to NAMI (the Central Research and Development Automobile and Engine Institute). —Luca de Meo, CEO Renault Group.

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Iveco Group chooses HTWO (Hyundai) fuel cell systems for the next generation of hydrogen buses in Europe

Green Car Congress

Iveco Group , through its brand IVECO BUS, will partner with HTWO to equip its future European hydrogen-powered buses with world-leading fuel cell systems. HTWO, as a fuel cell system-based hydrogen business brand of Hyundai Motor Group, was first released in December 2020 with Hyundai’s strong commitment to hydrogen economy.

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BMW Group plans > €30B on future-oriented technologies up to 2025; all-electric 7 Series model coming

Green Car Congress

The BMW Group plans to invest more than €30 billion up to 2025 in research and development to underscore its position as an innovation leader, said Oliver Zipse, Chairman of the Board of Management of BMW AG, at the company’s Annual Accounts Press Conference in Munich. This also expresses our confidence for the future business development.

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Groupe Renault changes China strategy: light commercial vehicles and electric passenger cars

Green Car Congress

Groupe Renault is setting a new strategy for China, based on Electric Vehicles (EV) and Light Commercial Vehicles (LCV). The Groupe Renault EV business will be developed through two existing joint ventures: eGT New Energy Automotive Co., Ltd (eGT) and Jiangxi Jiangling Group Electric Vehicle Co. Chinese ICE passenger car market.

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Volkswagen Group launches Future Center Europe: focus on future mobility concepts

Green Car Congress

The Volkswagen Group has taken an additional important step to implementing its digitalization strategy with the launch of the Future Center Europe, located in Potsdam, Germany. The Future Center’s functions therefore go beyond standard product development. —Johann Jungwirth, Chief Digital Officer of the Volkswagen Group.

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Renault Group and Geely sign JV agreement to launch powertrain technology company; hybrids and ICE

Green Car Congress

The joint venture will be jointly led by Renault Group and Geely, with equal board members to formulate and execute strategies and set the direction for the joint venture. The new joint venture’s complementary product portfolio and regional footprint could offer solutions for 80% of the global ICE and hybrid market.

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BMW Group partners with Dassault Systemes for shared innovations in future engineering – ET Auto

Baua Electric

Velizy Villacoublay, France and Munich: Dassault Systemesand BMW Group have embarked on a long-term strategic partnership to develop BMW Group’s future engineering platform featuring Dassault Systemes ’ 3DEXPERIENCE platform at its core.

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