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

Green Car Congress

Therefore, automakers are committing operational investments of nearly US$600 billion to secure their position in the future automotive market, according to GlobalData, a leading data and analytics company. The investments affirm that the future must be electric and there is no turning back for traditional automakers.

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Volkswagen extending Automotive Cloud to China and US in addition to Europe; core markets for future ID. EV

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develop the Volkswagen Automotive Cloud, one of the largest dedicated automotive industry clouds for all future Volkswagen digital services and mobility offerings. Digital technology is rapidly changing every aspect of the auto industry—from the manufacturing process to the car itself. Earlier post.). model family.

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Li Auto's Beijing plant expected to see 1st vehicle roll off line by Sept

CN EV Post

On March 14, the Shunyi district government said in a post on its official Weibo account that Li Auto's factory in Beijing would be reviewed for production qualifications in the near future. In July last year, a model suspected to be Li Auto's MPV was seen appearing in front of Li Auto's Beijing R&D headquarters.

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Suzuki and Toyota to explore business partnership; environment, safety, and information technology

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In a joint statement, the two companies said that, given the rapid change in the auto industry, the industry is required to work not only on conventional automobile R&D, but also on R&D for advanced and future technologies in the fields including environment, safety, and IT.

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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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Stellantis, LG Power enforcing ‘contingency plans’ for EV battery plant in Canada

Baua Electric

On the future, Canada’s Innovation Minister Francois-Philippe Champagne described the trade in, which incorporated about C$1.48 billion) from LG Power and undercover contributions from federal and provincial governments, as the biggest ever within the Canadian auto sector. billion ($1.1 billion ($1.1

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UK study finds low carbon policy has bolstered UK automotive sector, but trucks neglected and biofuels stalled

Green Car Congress

A major new report published at the Low Carbon Vehicle Partnership’s Annual Conference shows the UK automotive sector has been revitalized by consistently applied policy centered on cutting carbon. Government and industry, along with other stakeholders, through collaboration have made an important start on the journey.

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