Remove 2018 Remove Automobile Industry Remove Forecast Remove Gasoline-Electric
article thumbnail

VW Chief Executive Says Company Will Introduce EVs Based on the Up! New Small Family in 2013; Cautions Against Electro-Hype

Green Car Congress

Cautioning that the development and commercialization of the electric car is “ not a sprint, but a marathon ”, Volkswagen AG Chairman of the Board of Management Prof. Dr. Martin Winterkorn said that Volkswagen would introduce its first electric vehicles based on the up! VW and the electric car. in pure electric vehicles in 2020.

2013 150
article thumbnail

Nidec to form electric traction motor JV with a subsidiary of Guangzhou Automobile Group

Green Car Congress

Nidec’s fully integrated automotive traction motor system E-Axle (announced in April 2018). As the trend of car electrification intensifies, the automotive motor market, strategically important for Nidec, is forecast to double its size to six trillion yen (US$55.9 The tentative name of the JV is Guangzhou Nidec Auto Drive System Co.,

article thumbnail

Are Rising EV Inventories Proof Nobody Wants Them?

The Truth About Cars

While this is presumably good news for people who have absolutely had it with dealerships marking up their products, some are growing concerned by how much electric vehicle inventories are outpacing their gasoline-reliant counterparts. That’s about double the average for gasoline vehicles.