Remove Auto Industry Remove Electrical Remove Financing Remove Manufacturer
article thumbnail

thyssenkrupp Automotive pressing on with transformation of its powertrain business towards e-mobility

Green Car Congress

The unit is currently one of the world’s leading suppliers of components for internal combustion, hybrid and electric powertrains. The product spectrum mainly includes assembled camshafts and valve train systems for conventional powertrains as well as rotor shafts for electric motors. Rotor shaft production.

article thumbnail

EC rolls out CARS 2020 action plan for European auto industry

Green Car Congress

It is the first deliverable of the New European Industrial Policy outlined in an earlier communication. This Action Plan is based on four pillars: investing in advanced technologies and financing innovation; improving market conditions; enhancing global competitiveness; and investing in human capital and skills and softening the.

article thumbnail

South 8 Technologies raises $12M in Series A to commercialize liquefied gas electrolytes for high-performance Lithium-ion batteries

Green Car Congress

South 8 Technologies, a developer of electrolyte formulations for next-generation lithium batteries, has raised $12 million in Series A financing, led by Anzu Partners with participation from LG Technology Ventures, Shell Ventures, Foothill Ventures, and Taiyo Nippon Sanso Corporation (TNSC).

article thumbnail

China publishes plan to boost fuel-efficient and new energy vehicles and domestic auto industry; targeting 500K PHEVs and EVs in 2015, rising to 2M by 2020

Green Car Congress

China’s State Council has published a plan to develop the domestic energy-saving and new energy vehicle industry, which includes battery-electric vehicles, plug-in hybrid vehicles and fuel cell vehicles. 2012 Chinese Auto Industry Development Report. Electric drive system power density of 2.5

article thumbnail

India could be the largest electric vehicle market by 2030, says Piyush Goyal | Autocar Professional

Baua Electric

With the adoption of electric vehicles picking up in the country, India could become the largest electric vehicle market in the world by 2030, Minister of Commerce and Industry Piyush Goyal today. Electric vehicle penetration is now at around 3-5% and India is dubbed as the fastest-growing electric vehicle market.

India 52
article thumbnail

The Auto Industry Must Aim 100% Electrification In 2 & 3-wheeler Segments Says Amitabh Kant

Get Electric Vehicle

  Amitabh Kant stated that Rs 20 lakh crore of investment is required in the construction of electric vehicle infrastructure and that several multilateral funding solutions are being studied with the World Bank for implementation. He did agree, however, that the EV sector still confronts hurdles in terms of financing these vehicles.

article thumbnail

AlixPartners study finds post-crisis auto industry facing new set of challenges; sales projected below historical levels for foreseeable future

Green Car Congress

The AlixPartners 2011 Automotive Outlook finds that while automakers and suppliers have seen profits bounce back—North American original equipment manufacturers (OEMs) posted $12.5 AlixPartners also estimates that on-going unemployment and underemployment could cost the auto industry up to 1.5 billion on a net margin of 4.3%—things