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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. billion yuan (US$679 million). Click to enlarge.

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

Green Car Congress

New data shows that motor vehicles generate more than €440 billion in taxation per year for national governments in the major EU markets plus the UK, the European Automobile Manufacturers’ Association (ACEA) reports. This just goes to show the sheer scale of the importance of the automobile industry to Europe.

Motor 284
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Electric Last Mile Solutions announces long-term supply agreement with Wuling Motors

Green Car Congress

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., A Class 1 vehicle has a GVWR of 6,000 less or less.

Miles 259
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CEO’s Take On 2024: Demand for feature-rich, safe, connected and electric vehicles to drive auto parts industry, says Bosch India chief – ET Auto

Baua Electric

Guruprasad Mudlapur, President- India, Bosch Group, and Managing Director, Bosch Limited Edited excerpts: Q: After two consecutive years of swift growth in the auto component industry’s performance, what is your outlook for 2024? The automotive industry is in transition.

India 52
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LG and Magna to develop next generation autonomous driving-infotainment solution proof of concept

Green Car Congress

LG Vehicle component Solutions (VS) Company, a supplier of In-Vehicle Infotainment (IVI) systems in the automobile industry, has been proactively exploring its portfolio of future products and technologies. This concept will focus on creating executable IVI-ADAS solutions to better meet carmakers’ vehicle programs.

Concept 186
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Delaware adopting California’s ZEV regulations

Green Car Congress

Delaware will join 13 other states in adopting California’s Zero Emission Vehicle (ZEV) regulations. Implementation of the ZEV regulations would not take place until model year 2027 (2026) to provide manufacturers time to adjust their inventories and prepare dealerships. DNREC Secretary Shawn M. In November, DNREC also announced a $1.4

Delaware 284
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12th Five-Year Plan for Chinas auto industry to make new-energy vehicles priority

Green Car Congress

The 12 th Five-year Plan for China’s auto industry reportedly will make developing new-energy vehicles the top priority. China is targeting annual new-energy automobile sales of 1 million units by 2015, according to the China Association for Automobile Manufacturers.