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GKN order book for electric driveline technologies totalled $2.8 billion by end of 2017

Green Car Congress

billion) by the end of 2017 following a series of significant program wins with major global automakers. Sales, which were previously forecast to rise from £33 million (US$45.7 million) in 2017 to £200 million (US$277.1 In 2022, GKN forecasts that eDrive sales will reach £500 million (US$692.8 million). Earlier post.)

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GM Returns to Europe With Electric Crossovers

The Truth About Cars

In 2017, General Motors sold Opel and Vauxhall to Frances PSA Group — which later merged with Fiat Chrysler to form Stellantis — basically ending its involvement with the European market. Assuming things go well, GM wants to expand Cadillac EV sales to France and Sweden before deciding which country to tackle next.

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Polestar to Utilize Former Saab Plant as European R&D Facility

The Truth About Cars

Polestar is reportedly taking over Saab's defunct plant in Sweden to expand upon its European research and development operations. The site was last used by National Electric Vehicle Sweden (NEVS) after Saab folded in 2011. While the Polestar 3 and 4 haven’t yet gone on sale, they’ll also be sharing space.

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Volvo Cars and Geely to establish JV to boost synergies, accelerate next-gen electrified vehicle technology

Green Car Congress

Volvo Cars plans to set up a new joint venture technology company with Geely Holding, the Chinese car group, to share existing and future technology, to deepen industrial synergies and to provide the economies of scale that will allow them to develop next generation electrified vehicle technology more rapidly. in 1H 2017.

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Nearly one in five cars sold worldwide in 2023 was electric: IEA | Autocar Professional

Baua Electric

Electric car sales in 2023 were 3.5 While sales of electric cars are increasing globally, they remain significantly concentrated in just a few major markets. However, sales remain limited elsewhere, even in countries with developed car markets such as Japan and India. In the European Union , sales amounted to 2.4

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BNEF: global investment in energy transition hit $500B in 2020; $139B on EVs and infrastructure

Green Car Congress

Europe’s performance was driven by a record year for electric vehicle sales, and the best year in renewable energy investment since 2012. Electric bus (e-bus) sales are the second-largest category, although annual investment in the segment has decreased from $21 billion in 2016 to $11 billion in 2020. Electrified transport.

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Renesas Electronics opening “New Energy Vehicle Solution Center” in China to accelerate efforts in key market

Green Car Congress

Renesas Electronics will open a “New Energy Vehicle Solution Center” in China, directly under the China Business Unit to accelerate engagement with the Chinese new energy vehicle (NEV) market. China has positioned EVs, PHVs, and fuel cell electric vehicles (FCEVs) as “NEVs” and considers this sector to be a strategic national industry.

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