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Rheinmetall books order for more than 500,000 hybrid vehicle engine blocks from SAIC

Green Car Congress

The Materials and Trade division of the tech enterprise Rheinmetall has booked a new order to produce engine blocks for a hybrid vehicle. The customer is Shanghai Automotive Industry Corporation (SAIC), China’s largest maker of automobiles, motorcycles and car parts.

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Kelley Blue Book: average new-vehicle prices in US up 5.4% in May y-o-y; average EV price down 10.8%

Green Car Congress

The estimated average transaction price for a light vehicle in the United States was $41,263 in May 2021, according to the analysts at Kelley Blue Book. The third and fourth highest-priced models within the segment include the GMC Yukon XL ($79,695) and Yukon ($77,031), both priced substantially above the industry and segment average.

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Modern Electric, Hybrid Electric and Fuel Cell Vehicles 

Electric Vehicles India

Modern Electric, Hybrid Electric and Fuel Cell Vehicles . The automobile industry has made contributions to the growth of modern society by satisfying many of its needs for mobility in everyday life. . Hybrid Electric Vehicles. Series Hybrid Electric Drive Train Design. Parallel Hybrid Electric Drive Train Design.

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Kelley Blue Book reports that values for fuel-efficient used vehicles have peaked

Green Car Congress

Kelley Blue Book’s www.kbb.com reports that after increasing close to 25% throughout 20 weeks of consecutive gains, values for fuel-efficient used vehicles have now peaked. For the first time since January, values for subcompact, compact and hybrid cars have started to decline in response to falling gas prices. Industry Average.

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Production of 100th GILLIG battery-electric bus

Green Car Congress

GILLIG is currently booking new bus orders into 2023. The companies developed a product which delivers industry-leading performance via the Cummins Battery Electric System, which features remote diagnostics and over-the-air connectivity backed by Cummins’ extensive support network of qualified technicians across the nation.

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Rheinmetall PolyCharge JV wins first customer with multimillion-euro order for DC-link capacitors with NanoLam technology

Green Car Congress

Its first customer, a well-known, globally operating supplier to the automotive industry, has ordered two different DC-link capacitors for applications in the 900V range, which are produced with the innovative NanoLam technology. The technology group Rheinmetall holds a 75% stake in Rheinmetall Polycharge GmbH.

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Here’s why US EV, hybrid sales rose year-over-year in 2023

Baua Electric

EVs, PHEVs, and hybrids made up 16.3% higher than in 2022, when hybrid, plug-in hybrid, and BEV sales made up 12.9% The second half of 2023 saw the highest share of hybrids, plug-in hybrids, and BEVs of total LDV sales at 17.9%. The 2023 percentage is 3.4% of total sales. during that same period.

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