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Volkswagen brand to invest €1B by 2026 in South America; targeting 40% growth in Brazil

Green Car Congress

The Volkswagen brand aims to make significant gains in South America with a major product offensive. By 2027, the company plans to grow by 40% in Brazil, the region’s largest market. Before the end of 2023, the company is bringing its first fully electric models to Brazil: the Volkswagen ID.4. and the ID. Buzz and ID.4

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Tesla FSD in China could add $2.3 billion in annual earnings by 2030: Bank of America

Teslarati

Bank of America seems to be seeing the potential of Full Self Driving (FSD) for Tesla’s future in China. billion by 2030 if the advanced driver-assist suite sees increased adoption among the company’s customers in China. billion in annual earnings by 2030 under the same assumptions,” Bank of America noted.

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Honda targeting 100% BEV & FCEV sales in N America by 2040; new e:Architecture EVs coming in second half of this decade

Green Car Congress

Honda last week announced key targets for sales of electrified vehicles in North America, with a plan to make battery-electric and fuel cell electric vehicles (BEVs and FCEVs) to represent 100% of its vehicle sales by 2040, progressing from sales of 40% by 2030 and 80% by 2035. Renewable Energy Efforts in North America.

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New bipartisan bill in US Congress to expand EV and hydrogen fuel cell tax credits

Green Car Congress

US Senators Debbie Stabenow (D-MI), Lamar Alexander (R-TN), Gary Peters (D-MI), and Susan Collins (R-ME) along with Congressman Dan Kildee (MI-05) introduced the Driving America Forward Act, bipartisan legislation to expand the electric vehicle and hydrogen fuel cell tax credits. ITC Holdings Corp., ITC Holdings Corp.,

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Schaeffler introducing 4in1 electric axles for EVs

Green Car Congress

In the future, Schaeffler will supply beam axles to automobile manufacturers, particularly in North America. The company therefore already offers thermal management systems for all types of vehicle powertrains and is continuing to develop them. Another new development are electric beam axles for pick-up trucks.

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40,000 pre-built charging piles in North America, the status quo of charging piles in Europe, America and Japan

Setec Powerr

therefore , European Association of automobile manufacturers ?ACEA? A Japanese map manufacturer headquartered in Tokyo Zenrin Published statistics show that , By the end of this year 3 month , The number of electric vehicle charging piles in Japan is about 2.92 Wan Gen , Lower than the same period of last year 3.03

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California, 6 automakers finalize bilateral Clean Car Framework agreements

Green Car Congress

Automakers who voluntarily agreed to the framework agreements are BMW of North America (including Rolls Royce for purposes of the agreement), Ford, Honda, Volkswagen Group of America (including VW and Audi), and Volvo.