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VW Chief Executive Says Company Will Introduce EVs Based on the Up! New Small Family in 2013; Cautions Against Electro-Hype

Green Car Congress

With electromobility, the automobile industry faces a fundamental technological upheaval.Our path leads away from oil, to emission-free mobility, and the electric car plays a key role.CO Experts, consultants and politicians tumble over one another with forecasts. And the auto industry doesn’t hold back on announcements.

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Nidec to form electric traction motor JV with a subsidiary of Guangzhou Automobile Group

Green Car Congress

As the trend of car electrification intensifies, the automotive motor market, strategically important for Nidec, is forecast to double its size to six trillion yen (US$55.9 GAC Components mainly manufactures automobile interior parts, electric components, etc. billion to US$9.3 billion) in 2030.

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Are Rising EV Inventories Proof Nobody Wants Them?

The Truth About Cars

While this is presumably good news for people who have absolutely had it with dealerships marking up their products, some are growing concerned by how much electric vehicle inventories are outpacing their gasoline-reliant counterparts. That’s about double the average for gasoline vehicles. Though there are certainly exceptions.