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GigaDevice’s automotive flash memory achieves 100M units shipment milestone

Green Car Congress

Those automotive flash memories are used widely in smart cockpits, advanced driver assistance systems (ADAS), smart networking, and battery, motor, and electronic control systems for new energy vehicles. GigaDevice has been engaged in the automotive segment since 2015.

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Volkswagen Group and Tata Motors Ltd. to explore strategic alliance for joint development projects; ŠKODA to lead

Green Car Congress

Matthias Müller, CEO of Volkswagen AG, Bernhard Maier, CEO of ŠKODA Auto and Günter Butschek, CEO and Managing Director of Tata Motors Ltd., The goal of the strategic alliance is to bundle the expertise of both car manufacturers with a view to jointly developing vehicle components and possibly also vehicle concepts. billion in 2015-16.

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Auto industry to invest USD 7 bn in 5 years to deepen parts localisation – ET Auto

Baua Electric

Indian auto industry is set to invest up to USD 7 billion, or about INR 58,000 crore, by FY28 to deepen localisation of advanced components from electric motors to automatic transmissions to reduce imports and capitalise on multinationals’ ‘ China Plus One ’ sourcing strategy.

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Peugeot Signs EV Partnership LOIs with Veolia and Greenwheels; Peugeot and Greenwheels Join the European EVA Project

Green Car Congress

At the Brussels Motor Show, Peugeot signed two Letters of Intent (LOI) agreements with Veolia and Greenwheels concerning the purchase of electric vehicles and the development of mobility services. to 3% of the passenger vehicle market, including all types and all marques, in Europe by 2015.

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Audi unveils redesigned R18 diesel hybrid Le Mans racer for 2016 season

Green Car Congress

The FIA WEC regulations have been providing automobile manufacturers with incentives to build increasingly efficient race cars since 2014. Hybrid pioneer Audi, the first manufacturer to have won the Le Mans 24 Hours with an energy recuperation system, used a flywheel energy storage system from 2012 to 2015. Hybrid drive.

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