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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.

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

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Enovix will use the bulk of the funds to complete its Fremont, California high-volume battery production facility, where about 75% of the equipment and processes are identical to standard pouch lithium-ion battery manufacturing. —Harrold Rust, Enovix co-founder and CEO. Enovix expects to supply the EV market within 5 years.

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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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DOE HPC4Mfg program funds 13 projects to advance US manufacturing; welding, Li-S batteries among projects

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A US Department of Energy (DOE) program designed to spur the use of high performance supercomputers to advance US manufacturing has funded 13 new industry projects for a total of $3.8 GM and EPRI. the prediction of weld residual stresses in the dissimilar welds of nuclear piping systems.

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EC proposes 95 grams CO2/km target for new cars by 2020, 147 grams for light vans; super credits for cars below 35g

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The European Commission today proposed targets for the further reduction of carbon dioxide (CO 2 ) emissions from new cars and light commercial vehicles (vans) by 2020. The proposals will cut average emissions from new cars to 95 grams of CO 2 per km (g CO 2 /km) in 2020 from 135.7 The 163 g/mile limit would be equivalent to 54.5

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European automakers request 6-month postponement of new Euro standards due to COVID-19

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The industry is seeking the extension to avoid having to stockpile newly-produced vehicles that have not sold due to COVID-19-related market conditions or to stopping production. … up of stocks at manufacturers, importers and dealers. In addition to the vehicles that were built already, manufacturers are gradually re?starting

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