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China to Encourage Consolidation in Auto Industry; Push to Increase Market Share of Domestic Automakers

Green Car Congress

China’s central government plans to implement a new policy in the first half of this year to encourage auto industry consolidation and further the development of Chinese-brand passenger vehicles, an official from the Ministry of Industry and Information Technology said at a recent news conference. of the total.

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GlobalData: Global automakers earmark nearly US$600B for EVs over next decade

Green Car Congress

With all OEMs taking the same path, it is unlikely that any long-term sustainable competitive advantage will be conferred and that visibility over the billions of dollars of planned xEV investment is a price of market participation. Prior to this, Toyota had only a few BEV models manufactured with its Chinese partner GAC Group.

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BYD expects its Q1 NEV sales to grow over 80% YoY, aims to be largest automaker in China by year-end

CN EV Post

In January and February, year-on-year growth in Chinese vehicle demand was slightly weaker, but BYD still maintained strong growth, the company's chairman and president, Wang Chuanfu, said at a conference today. If the supply in the auto industry is still greater than the demand, the price war will continue, he said.

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Say it ain’t so: BMW, Volkswagen, and Renault take aim at Europe’s ICE ban

Baua Electric

By the end of 2025 the world will note that it’s not that easy,” he added, speaking at the automaker’s annual results conference. “By By then the pressure then will be significant for the European automotive industry.” Still, Zipse is urging the EU to turn down the pressure. “By We are not contesting 2035,” said de Meo.

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Baidu opening up its autonomous driving platform; leveraging AI capabilities

Green Car Congress

Baidu, the leading Chinese language Internet search provider, announced a new project—named “Apollo”—intended provide an open, complete and reliable software platform for its partners in the automotive and autonomous driving industry to develop their own autonomous driving systems with reference vehicles and hardware platform.

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The Long View from SAE 2009 World Congress

Green Car Congress

During the intervening six and half years in the US alone, the auto industry will sell a projected 70-80 million internal combustion engine cars, pointing out the importance of improving today’s technology. Thrun reminded the audience that more than 42,000 Americans are killed each year in auto accidents and 2.7 Washington, D.C.:

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GM: Let's Hash Out Open Plug-In Car Standards

Tony Karrer Delicious EVdriven

The auto industry is now gearing up to hash out those standards at the SAE conference in Detroit next week — and GM has a major stake in getting them out swiftly.

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