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Audi introducing Q2, new Q5 in 2016, confirms electric SUV for 2018; investing more than €3B in 2016

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Half of the planned investment will take place at the Ingolstadt and Neckarsulm sites in Germany. In 2018, Audi will launch its first large‑series battery‑electric vehicle, based on the Audi e-tron Quattro concept. By 2020, Audi will expand its model range to include 60 different automobiles. “ Earlier post.)

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BNEF: EV company fundings bright spot as clean energy investment slips in Q3 quarter; 3 China EV companies raise $1.9B

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billion in the third quarter of 2018, down 6% from the same period last year, according to the latest Clean Energy Investment Trends report from research company Bloomberg NEF (BNEF). We’re seeing more companies raising funds as they look to make the jump from concept cars to high-volume manufacturing. Germany at $1.3

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Ko-HAF project on highly automated driving at higher speeds launched in Germany

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A consortium of 16 automobile manufacturers, automotive suppliers and public partners has launched the Ko-HAF (Kooperatives hochautomatisiertes Fahren, Cooperative Highly Automated Driving) project in Germany. million (US$40 million) and is expected to run until November 2018.

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Freudenberg secures majority interest in Li-ion battery maker XALT Energy; full acquisition coming

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In March 2018, Freudenberg announced it had acquired a 31% ownership stake in XALT Energy through a multi-million dollar investment in its operations. Under Freudenberg’s oversight, the XALT Energy name will remain and become an affiliated brand of the global group headquartered in Germany. Earlier post.) and General Motors Corp. (GM),

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Toshiba and Gestamp partner to leverage IoT and AI for high-precision detection of weld seam quality

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Gestamp is one of the world’s largest manufacturers of metal components for automobiles, with more than 100 factories in 22 countries. TDX has been working with Gestamp since April 2018 on a proof-of-concept initiative that has monitored the quality of the welds in chassis parts produced at a Gestamp plant in the United Kingdom.

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BMW, Brilliance Auto expanding China JV; all-electric iX3 planned for export outside China

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Around 560,000 BMW brand vehicles were delivered to customers in China in 2017—more than in the next two largest markets, the US and Germany, combined. This is the first battery factory operated by a premium automobile manufacturer in China. —Harald Krüger, Chairman of the Board of Management of BMW AG.

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BMW, Brilliance Auto expanding China JV; all-electric iX3 planned for export outside China

Green Car Congress

Around 560,000 BMW brand vehicles were delivered to customers in China in 2017—more than in the next two largest markets, the US and Germany, combined. This is the first battery factory operated by a premium automobile manufacturer in China. —Harald Krüger, Chairman of the Board of Management of BMW AG.

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