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Tesla becomes South Korea’s second-largest importer, beating Mercedes-Benz

Teslarati

Industry data has revealed that Tesla successfully overtook Mercedes-Benz to become South Korea’s second-largest vehicle importer in March 2024. As per industry watchers, Tesla’s momentum came amidst the confirmation of government EV incentives last month.

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Irish Government, ESB, Mitsubishi Motors, MC Automobile (Europe) and MMC Commercials to Promote Electric Motoring in Ireland

Green Car Congress

The Irish Minister for Communications, Energy and Natural Resources, Eamon Ryan; Electricity Supply Board (ESB); and Mitsubishi Motors Corporation; MC Automobile (Europe), N.V.; signed a Memorandum of Understanding between the parties to promote the electric vehicle (EV) industry in Ireland. Tags: Brief.

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China to Encourage Consolidation in Auto Industry; Push to Increase Market Share of Domestic Automakers

Green Car Congress

China’s central government plans to implement a new policy in the first half of this year to encourage auto industry consolidation and further the development of Chinese-brand passenger vehicles, an official from the Ministry of Industry and Information Technology said at a recent news conference. Tags: Brief. China Daily.

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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. Tags: Electric (Battery) Plug-ins Policy.

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European Auto Industry Expresses Concern Over Iron Ore Price Hikes

Green Car Congress

The European automobile industry expressed concern about the “ sudden and massive ” increase in the price of iron ore, a crucial material for producing steel. The automobile industry needs broad access to raw materials at competitive conditions, especially in times of fragile economic circumstances, ACEA said.

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Panasonic invests $30M in Tesla Motors

Green Car Congress

Panasonic Corporation has invested $30 million in Tesla Motors. Panasonic aims to be the number one Green Innovation Company in the Electronics Industry by 2018, the 100 th anniversary of our founding. We are proud to strengthen our relationship with Tesla Motors. We are happy to use a Li-Tec cell, or Panasonic or [others].We

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Toshiba to Supply Electric Drive Motors to Ford Staring in 2012; Expanding Manufacturing Capacity in US

Green Car Congress

Ford Motor Company has awarded Toshiba a major contract to supply electric drive motors for hybrid and plug-in hybrid vehicles. Toshiba Corporation will expand manufacturing capacity at its plant in Houston, Texas for production of the high-performance drive motors for HEV, PHEV and EV applications.

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