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

Green Car Congress

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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Motor vehicle taxation brings in €440.4B for governments in major European markets

Green Car Congress

This just goes to show the sheer scale of the importance of the automobile industry to Europe. It is clearly paramount to the overall health of the EU economy, and government budgets in particular, that we can successfully re-launch our industry in the aftermath of the COVID-19 crisis.

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CATL starts construction of Li-ion factory in Germany; 14 GWh by 2022

Green Car Congress

CATL has developed partnerships with a number of European companies in the automobile industry including BMW, Volkswagen, Daimler, Volvo, and Bosch. Germany is home to a strong automotive industry and several of CATL’s key customers. —Matthias Zentgraf, Co-president Europe CATL. —Matthias Zentgraf.

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European Auto Industry Expresses Concern Over Iron Ore Price Hikes

Green Car Congress

The European automobile industry expressed concern about the “ sudden and massive ” increase in the price of iron ore, a crucial material for producing steel. The automobile industry needs broad access to raw materials at competitive conditions, especially in times of fragile economic circumstances, ACEA said.

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BAIC BJEV opens Silicon Valley EV research center, planning another for Europe

Green Car Congress

The formal establishment of the Silicon Valley facility will help BJEV gain familiarity with the needs and requirements of overseas markets, raise its profile as well as that of China’s industry as a whole and ultimately facilitate the full integration of BJEV into the global marketplace.

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China’s CALB wants lithium battery factory in Portugal – ET Auto

Baua Electric

Portugal has the largest reserves in Europe of lithium, the main element in the batteries that power electric cars. It will “serve the strong customer demand, mainly in the automobile industry,” APA said on its website.

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

Green Car Congress

The strong integration of the entire European automobile industry and the scientific support by experts in the areas of mobility and automated vehicles will drive this initiative forward and make it successful. —Aria Etemad from Volkswagen Group Research, project coordinator L3Pilot.