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Volkswagen brand to invest €1B by 2026 in South America; targeting 40% growth in Brazil

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The €1-billion investment will support, among other things, the development of ethanol-based combustion engines and new business models. The engines developed in Europe will be adapted and developed in Volkswagen Brazil’s newly opened development center specifically for this purpose. performance program.

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Sales of chargeable vehicles more than triple in EU in Q3 to take 9.9% new market share

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during the same period last year, according to data from the European Association of Automobile Manufacturers (ACEA). During the third quarter, cars powered by conventional internal combustion engines lost further ground, with their overall market share going down from 88.6% In the third quarter of 2020, 9.9%

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BMW sales growth mostly electric as it passes combustion ‘tipping point’

Teslarati

As BMW joins several other automakers in following Tesla into electric vehicles (EVs), one executive from the luxury automobile manufacturer has said he expects sales growth to come primarily from electrified models at this point—noting that combustion engines have largely plateaued.

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New EV market share in Europe hits 7.2% in Q2 2020, up from 2.4% in same period last year

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share during the same period last year, according to figures from ACEA (European Automobile Manufacturers Association). During the second quarter, passenger cars with conventional internal combustion engines took the biggest hit from the coronavirus crisis, with sales falling by more than half across the EU from April to June 2020.

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Ko-HAF project on highly automated driving at higher speeds launched in Germany

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A consortium of 16 automobile manufacturers, automotive suppliers and public partners has launched the Ko-HAF (Kooperatives hochautomatisiertes Fahren, Cooperative Highly Automated Driving) project in Germany. Ko-HAF, which is targeting highly automated driving at higher speeds, has a total budget of €36.3

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Fraunhofer researchers develop new low-cost dry-film electrode production process

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Better and more cost-efficient production methods for energy storage are increasingly in demand, especially in Germany: All major automobile manufacturers have launched ambitious electric vehicle programs that will ensure a sharp rise in demand for batteries. The Fraunhofer engineers want to change this. © Fraunhofer IWS.

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BMW Group plans joint venture for MINI electric vehicles in China; LoI with Great Wall Motor

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In addition to its two automobile production locations, BBA already runs an engine plant, which includes a battery factory for electrified BMW brand vehicles produced locally in Shenyang. This is the first battery factory operated by a premium automobile manufacturer in China. million vehicles per year.

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