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Auto sector sourced 50% parts locally, says minister – ET Auto

Baua Electric

The Indian automobile sector was able to source almost 50% of required auto parts from domestic markets under the INR 26,000 crore Production-Linked Incentive (PLI) scheme, said Union minister for heavy industries Mahendra Nath Pandey on Tuesday. EV sales in India were growing by a compounded annual growth rate of 49%.

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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

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

Baua Electric

It will “serve the strong customer demand, mainly in the automobile industry,” APA said on its website. Replacing internal combustion engine vehicles that rely on fossil fuels with electric ones is part of the green energy transition that is high on the global agenda. The two billion-euro (USD 2.2

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goEgoNetwork raises $2 million in seed funding for EV charging infrastructure 

Electric Vehicles India

The seed round is funded by Bagla Group, Global Innovation Labs and Fintech at ING Bank. Bagla said, “EVs are not just about disrupting the internal combustion engine automobile industry but are part of the larger disruption in energy and transportation, which are witnessing a considerable shift towards green technology solutions.”.

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DLR and Wuppertal publish comprehensive global analysis of e-mobility technologies, outlook and lifecycle assessments

Green Car Congress

At the same time, it places German activities in the field of electromobility within an international context. million euro grant from the German Federal Ministry of Education and Research (Bundesministerium für Bildung und Forschung; BMBF) as part of the STROM support program (key technologies for electromobility). Click to enlarge.

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Toyota to launch two new plug-in hybrid models in China; Corolla and Levin

Green Car Congress

On the eve of the 2016 Beijing International Automobile Exhibition, Toyota announced that it will launch plug-in hybrid versions of the Corolla and Levin—two mass-market models, both of which have conventional hybrid variants—in China during 2018. Click to enlarge. and Sinogy Toyota Automotive Energy System Co.,

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Johnson Controls begins production of batteries for Start-Stop vehicles in China

Green Car Congress

The global Start-Stop market for new vehicles could reach 49 million annually by 2020. Johnson Controls also has plans to localize production of Absorbent Glass Mat (AGM) batteries to support demand for fuel-efficient Start-Stop technology as part of its portfolio of energy storage products. Earlier post.). Earlier post.).

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