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

Green Car Congress

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. More than 45 billion yuan (US$6.5 billion yuan (US$679 million).

Industry 247
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Volvo Car Group exceeds 600,000 vehicles sold on the CMA platform

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Volvo Car Group, including its strategic affiliates Lynk & Co and Polestar, produce vehicles based on the Compact Modular Architecture (CMA) platform, introduced in 2017. The platform made its debut in 2017 with the popular Volvo XC40. Since the CMA-based XC40 was introduced in 2017, 302,856 units have sold. billion (US$1.6

Volvo 410
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Fiat Chrysler Automobiles joining BMW Group, Intel and Mobileye in developing global autonomous driving platform; Level 4/5 by 2021

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BMW Group, Intel and Mobileye signed a memorandum of understanding with the intention for Fiat Chrysler Automobiles (FCA) to be the first automaker to join them in developing a world-leading, state-of-the-art autonomous driving platform for global deployment. Earlier post.) —FCA Chief Executive Officer Sergio Marchionne.

Chrysler 150
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DiDi partners with SoftBank in Japan for platform services for taxi industry, launches open new energy car-sharing platform

Green Car Congress

have established a partnership to provide platform services for the taxi industry. A key element in DiDi’s strategy is building a smart transportation ecosystem to capture future opportunities, with global expansion through alliances with regional partners. In 2017, taxi drivers completed 1.1 Source: DiDi. Click to enlarge.

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IHS Automotive: global vehicle production to increase by 21M units by 2021; China to account for half of the increment

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Global automobile production will increase by 21 million units by 2021, and has grown by 25 million units since 2009 as the industry continues to recover from the impact of the global economic recession, according to a forecast by IHS Automotive.

Global 261
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Fuji Heavy Industries to change company name to Subaru Corporation

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Fuji Heavy Industries Ltd., the manufacturer of Subaru vehicles, will change its company name to Subaru Corporation with effect from 1 April 2017 (tentatively). The FHI Board of Directors also resolved to integrate the company’s Industrial Products Company with the Subaru automotive business with effect from 1 October 2016.

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NEVS partners with Hewlett Packard Enterprise to accelerate global electric car production

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Hewlett Packard Enterprise’s Enterprise Services business will help National Electric Vehicle Sweden (NEVS) accelerate the setup of its global electric vehicle production. As part of the project, HPE will create a global manufacturing IT platform for NEVS that will operate across plants in Sweden and China.

Global 150