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

Green Car Congress

Volvo Car Group, including its strategic affiliates Lynk & Co and Polestar, produce vehicles based on the Compact Modular Architecture (CMA) platform, introduced in 2017. To the end of July more than 600,000 group vehicles based on the platform have been sold. billion) in 2019, and strengthened its operating profit from SEK 1.6

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Groupe Renault changes China strategy: light commercial vehicles and electric passenger cars

Green Car Congress

Groupe Renault is setting a new strategy for China, based on Electric Vehicles (EV) and Light Commercial Vehicles (LCV). With 860,000 electric vehicles sold in China in 2019, China is by far the largest EV market in the world. Ltd (eGT) and Jiangxi Jiangling Group Electric Vehicle Co. Chinese ICE passenger car market.

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Volkswagen Group to expand EV production worldwide to 16 sites by end of 2022; partnerships with battery manufacturers

Green Car Congress

The Volkswagen Group is expanding its production of electric vehicles to 16 locations around the globe by the end of 2022. This was announced by Matthias Müller, CEO of Volkswagen AG, at the Group’s Annual Media Conference in Berlin. The Volkswagen Group says that it has the financial resources for the transformation.

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BMW Group plans > €30B on future-oriented technologies up to 2025; all-electric 7 Series model coming

Green Car Congress

The BMW Group plans to invest more than €30 billion up to 2025 in research and development to underscore its position as an innovation leader, said Oliver Zipse, Chairman of the Board of Management of BMW AG, at the company’s Annual Accounts Press Conference in Munich. This also expresses our confidence for the future business development.

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

Green Car Congress

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 BMW Group has no plans to set up an additional sales organisation in China.

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BMW Group makes sustainability and efficient resource management central to its strategic direction

Green Car Congress

The BMW Group is making sustainability and resource efficiency central to the company’s strategic direction. I firmly believe the fight against climate change and how we use resources will decide the future of our society—and of the BMW Group. As a premium car company, it is our ambition to lead the way in sustainability.

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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 Click to enlarge.