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Volvo Cars and Geely Auto to deepen collaboration; new combined powertrain company

Green Car Congress

Companies to retain independent corporate structures. The collaboration will be overseen by a new governance model, supported by Geely Holding, the lead shareholder in both companies. Volvo Cars and Geely Auto confirmed the combination of their existing powertrain operations into a new standalone company.

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GigaDevice’s automotive flash memory achieves 100M units shipment milestone

Green Car Congress

GigaDevice said that achieving this significant milestone underscores the company’s close working relationship with critical automobile manufacturers and Tier-1 OEMs, with proven products and endorsement in the field.

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

Green Car Congress

The ranking of the 17 manufacturers based on the Sustainable Value Margin. The ratio of sustainable value to sales (sustainable value margin) is calculated in the report so that different companies can be directly compared irrespective of their size. Click to enlarge. Professor Frank Figge, co-author.

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Comment on Changan's JV with Huawei tentatively named 'Newcool' by ??

CN EV Post

Under the agreement between the two, Huawei has committed not to engage in the automobile manufacturing business and not to engage in the same business as the new company, Changan chairman said.

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Schaeffler introducing 4in1 electric axles for EVs

Green Car Congress

In the future, Schaeffler will supply beam axles to automobile manufacturers, particularly in North America. The company therefore already offers thermal management systems for all types of vehicle powertrains and is continuing to develop them. The company is therefore entering a new market segment for electric axle drives.

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Daimler buys out Evonik from Li-Tec and Deutsche ACCUmotive Li-ion companies; Daimler sole owner

Green Car Congress

This will make Daimler the sole owner of the two companies. The two companies originally established their strategic alliance on automotive Li-ion cells in December 2008 ( earlier post ), with the resulting formation of the new joint venture (Deutsche ACCUmotive GmbH & Co.

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CATL and Toyota form comprehensive partnership for new energy vehicle batteries

Green Car Congress

The two companies have also commenced discussions that cover a wide range of fields, including: supply of batteries, new technology development, product quality improvements, and the reuse and recycling of batteries. To this end, the two companies intend to establish joint systems and engage in specific initiatives together.

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