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Greenlots and BMW Group Asia Partner to provide Singapore???s first electric vehicle network

Green Car Congress

California-based Greenlots, a global provider of open standards-based technology solutions for electric vehicle (EV) networks, has partnered with BMW Group Asia to provide Singapore with its first Home and Public Charging network as part of BMWs 360 ELECTRIC program.

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BMW and SGL to triple production capacity at Moses Lake carbon fiber plant with $200M expansion; world’s largest carbon fiber plant

Green Car Congress

Due to the high demand for carbon fiber in automotive production, SGL Automotive Carbon Fibers , a joint venture between the BMW Group and the SGL Group, will triple the capacity of the carbon fiber plant in Moses Lake, Washington. SGL and BMW made the announcement at the groundbreaking ceremony for the planned site expansion.

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ABI: connected car market will endure a 15% shipment decline, flat revenues in 2020; sales return on trend early 2022

Green Car Congress

In the US, 91% of new vehicles sold in 2020 will be connected, against 51% in Asia-Pacific and 37% in Latin America. Asia-Pacific is the region with the highest potential, reaching US$27 billion in revenues in 2025, followed by North America with US$21 billion in revenues.

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Magna to acquire Getrag for approximately €1.75B

Green Car Congress

EV and PHEV transmissions also uses layshaft architectures; current examples include the Volvo V60; Ford Focus BEV; BMW i8; and Tesla Roadster and sedan. Other Getrag customers include BMW, Daimler, Renault, Volvo and Great Wall. The purchase price is subject to working capital and other customary purchase price adjustments.

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Teijin acquires composites company Inapal to expand European automotive business

Green Car Congress

The shares of Inapal will be purchased by Teijin Holdings Netherlands B.V., The company has two manufacturing locations in Portugal serving a variety of European OEM customers including Jaguar, Land Rover, BMW, Mercedes, Volkswagen and Bentley. the Teijin Group’s holding company in the Netherlands. billion ($2 billion) by 2030.

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ABI Research sees annual EV sales at 2.36M units worldwide in 2020; importance of autonomous EVs in Internet of Things

Green Car Congress

Asia-Pacific will exhibit the strongest growth, driven by mounting pollution issues in its many megacities; however, true mass-market uptake will only start happening in the next decade. According to ABI Research, the number of full electric vehicles (EVs) shipping yearly worldwide will increase from 150,000 in 2013 to 2.36

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Here’s how China’s BYD is working on its image problem

Baua Electric

European consumers have no inkling of Chinese brands,” Daniel Kirchert, the head of e-mobility consultancy Noyo and former BMW executive, told Automotive News Europe. Electrek reported yesterday that BYD had just signed a preliminary land purchase deal for its EV plant in Hungary. It is also building plants in Brazil and Thailand.

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