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GAC Group begins construction of $6.5B industrial park for electric and intelligent vehicles

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China-based automobile manufacturer Guangzhou Automobile Group (GAC Group), the parent company of GAC Motor, has begun construction of a large industrial park for electric and intelligent vehicles as part of its efforts to boost its electric vehicle business. More than 45 billion yuan (US$6.5 More than 45 billion yuan (US$6.5

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CATL signs strategic cooperation framework agreement with Chengdu City; battery swap operation

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The two parties will carry out all-round cooperation in the fields of battery swap operation, research and development, comprehensive utilization of resources, manufacturing of key battery materials, new energy and energy storage. Contemporary Amperex Technology Co., and Chengdu Environment Group.

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CATL-SC officially launches operation of phase 1 of $4.7B Yibin traction battery production project

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The first phase of the traction battery production project of Sichuan Contemporary Amperex Technology Limited (CATL-SC), a wholly-owned subsidiary of CATL, is now in operation. billion) and an area of about 3,000 acres (about 1,214 hectares). billion) and an area of about 3,000 acres (about 1,214 hectares).

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Volkswagen Group’s new Future Tracks program targeting digitalization era in auto industry; “James 2025”

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Dieter Kempf, President of BITKOM, the IT industry Association, Winterkorn declared that the increasingly intensive networking of cars with their surroundings and automatic driving would be the key topics for the intelligent mobility of the future. Information technology has been a key component of the automobile industry for some time.

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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

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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. —Energy-saving and new energy vehicle plan. L/100km (40 mpg US) or less.

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Electric Last Mile Solutions announces long-term supply agreement with Wuling Motors

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Electric Last Mile Solutions (ELMS), a designer of intelligent, e-mobility workstations for the last mile, signed a binding, long-term supply agreement with Liuzhou Wuling Automobile Industry Co.,

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Career Opportunities in the Electric Vehicle Industry

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We all are aware of the paradigm shift happening in the global automotive industry. The industry is trying to come up with more energy-intensive power sources. The electric vehicle industry is opening various doors in both government and private sectors. In India, EV sales surpassed 300,000 units in 2021.