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Pike forecasts $1.4B market for EV telematics by 2017

Green Car Congress

Cumulative light-duty PEV deployments by segment, world markets: 2011-2017. Nearly nine out of ten plug-in electric vehicles (PEVs) sold this year will include at least a basic telematics package, and that percentage will likely grow to 94% by 2017, according to a new report from Pike Research. billion by 2017, Pike forecasts.

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BMW Group plans joint venture for MINI electric vehicles in China; LoI with Great Wall Motor

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The BMW Group is in advanced discussions to ramp up the global success of its MINI brand through a new joint venture in China. To this end, the BMW Group has signed a letter of intent (LoI) with the Chinese manufacturer Great Wall Motor. The MINI Electric Concept as presented at the IAA 2017. Click to enlarge.

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GAC Group begins construction of $6.5B industrial park for electric and intelligent vehicles

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China-based automobile manufacturer Guangzhou Automobile Group (GAC Group), the parent company of GAC Motor, has begun construction of a large industrial park for electric and intelligent vehicles as part of its efforts to boost its electric vehicle business. —Yu Jun, General Manager of GAC Motor.

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Honda targeting 2/3 of unit sales from PHEVs, HEVs and ZEVs by ~2030; PHEVs the core of electrification

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At a press event in Tokyo to lay out his future vision and direction for the company, Honda Motor President & CEO Takahiro Hachigo said that the company will strive to make two-thirds of its overall unit sales from plug-in hybrid/hybrid vehicles and zero-emissions vehicles such as fuel cell vehicles and battery EVs by around 2030.

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Study finds car dealerships pose significant barrier to EV adoption

Green Car Congress

A new study by a team from Aarhus University in Denmark has found that car dealerships pose a significant barrier to electric vehicle adoption at the point of sale due to a perceived lack of business case viability in relation to gasoline and diesel vehicles. Only three North America-focused studies exist as of 2017.

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Renault-Nissan Alliance and Dongfeng Motor Group form new JV to co-develop electric vehicles in China

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It will draw on the global leadership on EV technologies and cost-effective car design experience from the Alliance, and the competitive manufacturing costs from Dongfeng. The electric vehicle will be produced at the Dongfeng plant of Shiyan which has a production and sales capacity of 120,000 vehicles a year. respectively.

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SF Motors to acquire EV battery module startup InEVit, headed by Martin Eberhard

Green Car Congress

With this merger, SF Motors aims to further increase its investment in the development of e-powertrain systems and broaden its licensing and supply relationships with global OEM customers. Sokon’s primary business comprises automobile manufacturing, engine manufacturing and auto parts manufacturing.

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