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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

Modular technology has become an important criterion for evaluating whether an automobile company is combining global R&D technology and market layout with a cost-effective manufacturing approach. Production based on BMA will be launched in EU, Eastern Europe, Africa, South America, Middle East and Southeast Asia.

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Volkswagen picks up pace of transformation with new ACCELERATE strategy

Green Car Congress

Volkswagen has earmarked around €16 billion for investment in the future trends of e-mobility, hybridization and digitalization up to 2025. In South America and the United States, Volkswagen is striving to break even in the current fiscal year. E-mobility was just the beginning: the real disruption has yet to come.

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Rockwood Lithium opens new lithium production facility in Nevada; announces global price increases for lithium salts

Green Car Congress

As the market for electric vehicles, plug-in hybrids and other advanced clean energy technologies grows worldwide, rare earth elements and other critical materials, including lithium, are facing increasing global demand. Rockwood Lithium has opened its expanded manufacturing facility in Kings Mountain, North Carolina.

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GM raises 2024 financial guidance on Q1 revenue

Teslarati

Globally, our team is leaning into every opportunity with a focus on profitability to build on our strong start to 2024,” wrote CEO Mary Barra in her letter to shareholders. The automaker also said it achieved consistent revenue growth over the last two years, resulting in a CAGR of over 15 percent. billion to $11.5

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Here’s how China’s BYD is working on its image problem

Baua Electric

Adding up sales for all so-called new energy vehicles, including battery-only vehicles and plug-in hybrids, BYD sold 3 million vehicles in 2023. Adding up sales for all so-called new energy vehicles, including battery-only vehicles and plug-in hybrids, BYD sold 3 million vehicles in 2023. Last year, the company sold 1.6

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Ford continues executive shuffling in wake of replacement of CEO; Marakby back from Uber to lead electrification

Green Car Congress

Ford also announced changes in roles for three top executives: Jim Farley (Global Markets), Joe Hinrichs (Global Operations) and Marcy Klevorn (Mobility). Marakby previously worked at Ford for more than 25 years, serving in a variety of leadership positions in Product Development in North America and Europe. Earlier post.).

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China says it will ‘rein in’ the flood of EVs coming our way

Baua Electric

BYD Atto 3 (Source: BYD) Europe and the US say that Chinese EV development is running wild and unchecked and on the verge of overwhelming the global market with, well, EVs the rest of the world can’t compete with. China’s EV industry is a true powerhouse, and one of the few economic bright spots for the country, reports the FT.

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