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Geely officially discloses new global B-segment automobile modular architecture: BMA; new BMA-based SUV to launch this year

Green Car Congress

Automobile modular architectures—for example, TNGA of Toyota, and MQB, MLB and MEB of the Volkswagen Group—hav become a major trend in the auto industry. Production based on BMA will be launched in EU, Eastern Europe, Africa, South America, Middle East and Southeast Asia.

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Scotiabank forecasts 4% growth in global auto market in 2015 to 74M units, led by China

Green Car Congress

In its latest Global Auto Report , Scotiabank forecasts record global car sales in 2015, with the total market advancing 4% over 2014, reaching more than 74 million units. Global growth will mainly be driven by China, where Scotiabank expects auto demand to grow 7% in 2015 to 19.36 Challenging conditions in South America.

2015 150
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Tier 1 Musashi invests in solid-state battery company KeraCel; long-term partnership

Green Car Congress

The long-term strategic partnership with KeraCel allows Musashi to have priority rights to produce and to supply solid-state batteries with KeraCel’s 3D printing technologies, to provide power system solutions to electric motorcycle market and to explore other potential market opportunities as well.

Companies 230
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Booking Holdings invests US$500M in DiDi Chuxing; DiDi partners with Continental

Green Car Congress

DiDi offers a full range of app-based transportation services for over 550 million users, and continues to innovate in shared mobility and smart transportation across China, South America, Australia and Japan markets. Partnership with Continental. Didi also recently signed a strategic cooperation agreement with Continental.

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

Green Car Congress

Matthias Müller, CEO of Volkswagen AG, Bernhard Maier, CEO of ŠKODA Auto and Günter Butschek, CEO and Managing Director of Tata Motors Ltd., In order to share responsibility among the Volkswagen Group brands, ŠKODA Auto is to lead the project. That is why we are systematically pursuing our regional growth strategy. billion in 2015-16.

Motor 150
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China realizes charging piles, complete vehicles and accessories to go overseas

Setec Powerr

Judging from the customs data for the first eight months of this year, the contribution rate of my country’s new energy vehicle exports to the growth of automobile exports reached 26.7%, becoming a new bright spot in the foreign trade of the automobile industry. Cross-border e-commerce shines in the European market.

China 52
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It begins: Ethiopia set to become first country to ban internal combustion cars

Baua Electric

In response, Ethiopia’s Transport and Logistics Ministries have announced that automobiles cannot enter Ethiopia, unless they are electric. (!) Details were scarce, but he has announced that, “ a decision has been made, that automobiles cannot enter Ethiopia unless they are electric ones.” Hang on,” I responded. “I