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Hyundai Motor Group bolsters partnership with Rimac on high-performance EVs and fuel cell prototypes across brands

Green Car Congress

Hyundai Group joined its partner Rimac Automobili in an event hosted by Rimac CEO Mate Rimac and attended by Croatian Prime Minister, ministers, and senior government officials to discuss the potential of the new auto industry in Croatia. Today, countries are competing in the open market, just as companies are. Earlier post.)

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Volkswagen is financially ready for electrification, says CFO

Teslarati

From the auto group’s Porsche IPO today and Volkswagen’s relatively high operating profit margin, continued investment into electrifying their offerings will be possible. billion from their Porsche IPO today, while the brand’s operating profit margin of 7-8.5% will aid in funding electrification.

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V2G is the key to the popularity of electric vehicles

Setec Powerr

As more consumers purchase electric vehicles in the coming decades, a huge question is plaguing governments and the auto industry: Can the grid keep up with the dramatic increase in demand for electricity? Millions of electric vehicles will need to be charged in the future, requiring enormous amounts of energy.

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Volkswagen faces mounting pressure from Tesla and BYD

Teslarati

During the pandemic, Volkswagen fell behind in the Chinese auto market as companies like BYD, Nio, and Tesla took over, with the competition nearly doubling the market’s EV and hybrid offerings (via Bloomberg ). Our companies are mainly generating their profits abroad, helping to keep jobs in Germany.

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Bosch Powers the Automotive Sector Toward an Electrified Future

Cars That Think

Stuttgart may not boast of Degas or Monet, but its prominent names are perhaps even more famous than Paris’ painters: Mercedes–Benz and Porsche. Looking ahead, Stuttgart will likely continue to be the heart of the German auto industry, but how long will the IC engine remain the heart of the automobile?

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Pininfarina grows its U.S. footprint in early bid for EV hypercar market control

Teslarati

Pininfarina’s newest dealership is Salt Lake City Motorcars in Utah, the company’s 11th dealer in the U.S., But if you want one of Pininfarina’s exclusive electric hypercars, you might already be too late, as the company will only be making 150. following the establishment of a brand new network of dealers that began in 2021.

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Auto Alliance urges EPA to withdraw premature Final Determination on light-duty GHG regulations, resume Midterm Evaluation process with NHTSA

Green Car Congress

The Auto Alliance represents 77% of all car and light truck sales in the United States, including the BMW Group, Fiat Chrysler Automobiles, Ford Motor Company, General Motors Company, Jaguar Land Rover, Mazda, Mercedes-Benz USA, Mitsubishi Motors, Porsche, Toyota, Volkswagen Group of America and Volvo Car USA. Background.

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