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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. The company ranked 5 th among all brands in J.D.

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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

Green Car Congress

There was a $1-billion initial public offering by NIO, a $585-million Series C venture capital round by Guangzhou Xiaopeng Motors and a $294-million pre-IPO round by Zhejiang Dianka Automobile. The largest six VC/PE new equity deals of 2018 so far have all involved Chinese electric vehicle firms, including the two mentioned above during 3Q.

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Mercedes-Benz running automated test drive in Shanghai; infrastructure peculiarities

Green Car Congress

Mercedes-Benz started its “Intelligent World Drive” at the Frankfurt International Motor Show (IAA) in September to adapt more highly automated driving functions to national user and traffic practices. In addition, there are road signs with Chinese characters and lane markings, which in China have different or even multiple meanings.

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UC Davis, ITDP study suggests global shift to public transport, NMT and away from cars could save $100T through 2050 and cut GHGs

Green Car Congress

million early deaths associated with exposure to vehicle tailpipe emissions could be avoided annually by 2050 if governments require the strongest vehicle pollution controls and ultralow-sulfur fuels, according to a related analysis by the International Council on Clean Transportation included in the report. Further, an estimated 1.4

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Ford CEO Unveils New Figo for India Market and Export Sales, New Manufacturing Plant in China with Changan

Green Car Congress

Separately, Ford announced that its joint venture with Changan in China—Changan Ford Mazda Automobile (CFMA)—is building a new, manufacturing facility in Chongqing, scheduled for completion in 2012. billion), represents a significant step in Ford’s continuing expansion strategy in the Asia Pacific and Africa region. Alan Mulally.

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Rejoice: The Tipping Point Has Been Reached! 

Get Electric Vehicle

The majority of the US and China skipped plug-in hybrids in favour of all-electric automobiles or battery electric vehicles(BEVs). The Biden administration in the US issued an executive order last year mandating that EVs make up 50% of all new automobiles by 2030. including plug-in hybrids). The Tipping Points. The 31 Minute Challenge.

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Andy Grove: The U.S. must create an electric car industry - Apr. 17, 2009

Tony Karrer Delicious EVdriven

REDDIT STUMBLE UPON MYSPACE MIXX IT Paste this link into your favorite RSS desktop reader See all CNNMoney.com RSS FEEDS ( close ) By Andy Grove April 17, 2009: 9:30 AM ET The great electric car race High oil prices, green regs, and better batteries are behind the mad dash to create the ultimate electric automobile. rivals in the dust.

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