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Volkswagen Group investing $700M in XPENG for 5% stake, VW EV development; Audi jointly developing EVs with SAIC

Green Car Congress

The Volkswagen Group is strengthening its position on the Chinese automotive market with cooperations between the VW brand and XPENG and between Audi and SAIC. As part of the close and long-term strategic cooperation, the Volkswagen Group is to invest approximately US$700 million in the Chinese manufacturer of intelligent electric cars.

Audi 282
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Capgemini and Audi launch XL2 joint venture to support digital transformation of auto industry

Green Car Congress

It will provide digital technology and consulting services, specifically in the fields of SAP S/4HANA and cloud services primarily for Audi and the entire Volkswagen Group. processes, including production planning, logistics, finance, maintenance, quality and materials management.

Audi 186
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Volkswagen again reaffirms 20 new PEV models coming across the Group; MEB development

Green Car Congress

In his remarks at the Annual Media Conference, where the Group presented 2015 results, Matthias Müller, Chairman of the Board of Management of Volkswagen AG, said that 2016 will be a year of transition for Volkswagen, and will also see the accelerated transformation of the company. The Volkswagen Group delivered 9.9 Earlier post.)

2015 150
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Group of 285 global investors with more than $20T in assets under management calls for urgent action on investment-grade climate change and energy policies; guidelines for governments

Green Car Congress

Saying that “ investment-grade climate change and clean energy policy is required to shift private sector investment from high-carbon to low-carbon assets ”, a group of 285 investors has urged governments and international policy makers to take new and meaningful steps in the fight against climate change.

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The Case for Nuclear Cargo Ships

Cars That Think

A small but growing group of analysts, though, are pushing for a zero-emissions technology that already plows the oceans: nuclear propulsion. For shipping, nuclear is really the only abundant, realistic, carbon-free option, according to Håvard Lien, vice president of research and innovation at the Norwegian shipbuilding company Vard Group.

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The Summit On Clean Tech Law & The New Energy Policy

Creative Greenius

CALSEIA’s Executor Director Sue Kateley will be delivering her report on the newest renewable energy legal developments Sacramento. How can CleanTech companies collaborate with public and private research groups to innovate more effectively and enhance their existing technologies?

Clean 199
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PBL Study Finds Developed Countries Proposals for Copenhagen Fall Short for Reaching 2 °C Climate Objective

Green Car Congress

Developed countries as a group would need to increase their reduction targets for 2020 by at least 6 to 10%, in order to keep the 2 °C objective within reach, according to PBL. Non-Annex I actions may be (partially) financed by Annex I2. The global costs would be limited to 0.2% of GDP in 2020.

Climate 186