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Volkswagen brand to invest €1B by 2026 in South America; targeting 40% growth in Brazil

Green Car Congress

The Volkswagen brand aims to make significant gains in South America with a major product offensive. In total, the South American automotive market is expected to grow 11% a year until 2030, making it one of the fastest growing markets in the world. To this end, we are investing one billion euros in South America by 2026.

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Geely officially discloses new global B-segment automobile modular architecture: BMA; new BMA-based SUV to launch this year

Green Car Congress

Automobile modular architectures—for example, TNGA of Toyota, and MQB, MLB and MEB of the Volkswagen Group—hav become a major trend in the auto industry. Production based on BMA will be launched in EU, Eastern Europe, Africa, South America, Middle East and Southeast Asia.

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Hitachi Automotive Systems, Keihin, Showa, and Nissin Kogyo begin operations as Hitachi Astemo; CASE-driven mobility solutions

Green Car Congress

As a global mega-supplier, Hitachi Astemo will create advanced mobility solutions in its core businesses of powertrain systems, chassis systems and advanced driver assistance systems for both automobiles and motorcycles.

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Tier 1 Musashi invests in solid-state battery company KeraCel; long-term partnership

Green Car Congress

Musashi is a global auto parts Tier 1 company for automobiles and motorcycles. It has 33 manufacturing sites spreading across Europe, North and South America, China, and South East Asia. Keracel expects further improvements in the layer thickness with refinements in their manufacturing process technology.

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TWAICE and pepper partner for full battery transparency in retrofitted commercial vehicles

Green Car Congress

The vehicles will be delivered primarily in Europe, North and South America. The aim of the cooperation is to provide a holistic life cycle solution for automobile manufacturers with integrated hardware and software. Retrofitting can be an economical and sustainable alternative to diesel vehicles.

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Honda presents ‘Honda 0 Series’ EV concept models, new ‘H’ mark for EVs at CES 2024 – ET Auto

Baua Electric

In 2026, Honda will begin introducing the first model of the Honda 0 Series globally, starting from North America, then to Japan, Asia, Europe, Africa and the Middle East and South America. The new H mark: The current “H mark” has a long history, dating back to 1981 when it was renewed from the previous version.

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Booking Holdings invests US$500M in DiDi Chuxing; DiDi partners with Continental

Green Car Congress

DiDi offers a full range of app-based transportation services for over 550 million users, and continues to innovate in shared mobility and smart transportation across China, South America, Australia and Japan markets. Partnership with Continental. Didi also recently signed a strategic cooperation agreement with Continental.