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Sony and Honda sign MOU to create JV to develop and sell EVs and mobility services; first model on sale in 2025

Green Car Congress

Sony Group Corporation and Honda Motor signed a memorandum of understanding that outlines their intent to establish a joint venture through which they plan to engage in the joint development and sales of high value-added battery electric vehicles (EVs) and commercialize them in conjunction with providing mobility services.

Honda 150
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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. and Chengdu Environment Group. and Chengdu Environment Group.

Batteries 150
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Volkswagen extends cooperation with China joint venture partner FAW Group for 25 more years; enhanced R&D on alt drive systems

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After 20 years of cooperation, the Volkswagen Group and its Chinese joint venture partner First Automotive Works (FAW) are extending their present partnership for a further 25 years—i.e., Heizmann and Chen Zhixin, President of SAIC Motor Corporation, also signed a joint agreement to this effect. China Vehicle Manufacturers'

China 218
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Balqon to build electric buses in China with SAIG

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California-based Balqon Corporation, a developer of heavy-duty electric vehicles, drive systems and lithium battery storage devices ( earlier post ), has entered into a Joint Development Agreement with China-based Sichuan Automobile Industry Co., Ltd (SAIG) to manufacture inner-city electric buses.

China 300
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Volkswagen Group and SAIC to produce EVs and PHEVs in China

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The Volkswagen Group and SAIC Motor Corporation Ltd, Volkswagen’s original joint venture partner in China, have agreed to expand the main plant of their joint venture Shanghai Volkswagen (SVW) in Anting to support the local production of electric vehicles. The Volkswagen Group has 29 vehicle and component production locations in China.

China 150
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European consortium launches 4-year, $80M L3Pilot research project to test Level 3, 4 autonomous driving in 11 countries

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A European research consortium under the management of the Volkswagen Group launched the four-year L3Pilot project to test the viability of automated driving as a safe and efficient means of transportation. —Aria Etemad from Volkswagen Group Research, project coordinator L3Pilot.

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Study of Sustainable Value in Automobile Manufacturing Finds Mixed Performance for Most OEMs, BMW and Toyota as the Clear Leaders

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Sustainable Value Margin—the ratio of Sustainable Value to sales—for each of the evaluated manufacturers. A survey of the sustainability performance of 17 of the world’s leading automakers has found a mixed pattern when it comes to the sustainability performance of most of the car manufacturers. Click to enlarge. Click to enlarge.