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

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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.

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Industry study finds lead-acid to remain most wide-spread automotive energy storage for foreseeable future; new chemistries continue to grow

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The study, which provides a joint industry analysis of how different types of batteries are used in different automotive applications, concludes that lead-based batteries will by necessity remain the most wide-spread energy storage system in automotive applications for the foreseeable future. Click to enlarge. Resources.

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Motor vehicle taxation brings in €440.4B for governments in major European markets

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New data shows that motor vehicles generate more than €440 billion in taxation per year for national governments in the major EU markets plus the UK, the European Automobile Manufacturers’ Association (ACEA) reports. This just goes to show the sheer scale of the importance of the automobile industry to Europe.

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European auto industry proposes further 20% cut in passenger car CO2 by 2030 from 2021; conditional on EV uptake and infrastructure; no ZEV mandate

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At the Frankfurt Motor Show, the European Automobile Manufacturers’ Association (ACEA) outlined the industry’s proposal for a pathway to future CO 2 reductions: a 20% CO 2 reduction for passenger cars by 2030, compared to 2021. The European Commission will reveal its proposal on CO 2 targets for cars post-2021 later this year.

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The Auto Industry Must Aim 100% Electrification In 2 & 3-wheeler Segments Says Amitabh Kant

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According to the Society of Indian Automobile Manufacturers, domestic two-wheeler sales in 2021-22 were 1,34,66,412 units, three-wheeler sales were 2,60,995 units, and overall vehicle sales across categories were 1,75,13,596 units (SIAM). “It has dropped by more than 100% in the last five to six years.

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Enovix raises $45M; working to develop its 3D Silicon Lithium-ion technology for EV market

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The facility is expected to produce batteries for delivery in late 2020 and to reach a run-rate of 8 million units per year as it ramps in 2021 and 2022. Initial R&D indicates that cells can achieve gravimetric energy density greater than 340 Wh/kg at a cost equivalent to or below present industry forecasts.

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EUCAR calls for targeted support for automotive initiatives in €80B Horizon 2020 program; targeting €5B budget

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The European Council for Automotive R&D ( EUCAR ) is calling for a number of priority automotive research and innovation (R&I) initiatives in Europe’s Horizon 2020 program to support competitive and sustainable road transport and for these initiatives to be supported by a substantial €5-billion budget. about €5 billion (US$6.3

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