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InoBat Auto acquires Slovakia site for battery R&D and prototype production

Green Car Congress

InoBat says the facility will produce batteries to specifications of the vehicle manufacturer, and will enable European electric vehicle manufacturers to reduce dependence on imports from Asia. InoBat Auto acquired the site from Korean technology group, Fine DNC, which has expertise in the automotive and electronics industries.

Slovakia 186
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Tesla expected to near 50% sales growth target in the United States

Teslarati

Tesla has one of the highest growth targets in the automotive industry, aiming for 50% sales growth year over year. First, Tesla’s best-selling vehicle, the Model Y, has had fantastic success in Europe and Asia ( most notably in China ). For this year, that would mean producing and selling just over 1.4 million vehicles globally.

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Teijin acquires composites company Inapal to expand European automotive business

Green Car Congress

Inapal is a Tier One supplier of composite components to the automotive and heavy truck industries. The company has two manufacturing locations in Portugal serving a variety of European OEM customers including Jaguar, Land Rover, BMW, Mercedes, Volkswagen and Bentley. billion ($2 billion) by 2030.

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Volkswagen Group and Tata Motors Ltd. to explore strategic alliance for joint development projects; ŠKODA to lead

Green Car Congress

Among them is Jaguar Land Rover, the business comprising the two iconic British brands. It also has an industrial joint venture with Fiat in India. Tata cars, buses and trucks are being marketed in several countries in Europe, Africa, the Middle East, South Asia, South East Asia, South America, Australia, CIS and Russia.

Motor 150
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Shock! VinFast’s VF Wild electric pickup was designed in Melbourne!

EV Central

VinFast Wild electric pickup concept at CES 2024, Las Vegas Both GoMotiv studio director Robert Thorpe and creative director Justin Thompson were present in Las Vegas for the unveil and plan to use the attention generated to promote the studio’s capabilities to the automotive industry, especially in the Asia-Pacific and China. “We

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European Investment Bank Approves 866M in Loans for Cleaner Cars; Majority to Nissan and Jaguar

Green Car Congress

The loans include €400 million to Nissan ’s European operations to develop and build more fuel-efficient vehicles in the United Kingdom and Spain, and €366 million to Jaguar Land Rover to help cut vehicle emissions.

Cleaner 150
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Ford reorganizes Asia Pacific markets; establishes stand-alone China business

Green Car Congress

Ford Motor Company is reorganizing its Asia Pacific operations. Peter Fleet, president Ford Asia Pacific, will facilitate the transition of Chen into his new position as leader of the Ford operations in China. and Chairman of the Board of Directors, Chery Jaguar Land Rover, Automotive, China.

Asia 207