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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 Click to enlarge.

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Honda targeting 100% BEV & FCEV sales in N America by 2040; new e:Architecture EVs coming in second half of this decade

Green Car Congress

Honda last week announced key targets for sales of electrified vehicles in North America, with a plan to make battery-electric and fuel cell electric vehicles (BEVs and FCEVs) to represent 100% of its vehicle sales by 2040, progressing from sales of 40% by 2030 and 80% by 2035. Renewable Energy Efforts in North America.

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Auto industry to invest USD 7 bn in 5 years to deepen parts localisation – ET Auto

Baua Electric

“World over, the industry is building resilient supply chains by reducing overdependence on any particular country or geography,” said Shradha Suri Marwah, president of ACMA. Automakers and their suppliers are likely to make this investment between FY24 and FY28, industry body Automotive Component Manufacturers Association ( ACMA ) said.

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National Electric Vehicle Sweden AB (NEVS) and Dongfeng Motor Corporation enter strategic cooperation, focused on new energy vehicles

Green Car Congress

National Electric Vehicle Sweden AB (NEVS)—the rebirthed Saab—and Dongfeng Motor Corporation (Dongfeng) have signed a strategic cooperation agreement to achieve global industrial synergies. This cooperation is one of the steps for NEVS to become a front-runner in the automotive industry, with focus on electric vehicles.

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Study finds car dealerships pose significant barrier to EV adoption

Green Car Congress

Only three North America-focused studies exist as of 2017. This includes comparisons between the EV global leader Norway, an intermediate adopter (Sweden), and the less developed EV markets of Finland, Iceland and Denmark. Among their findings: Out of the total 126 dealership visits conducted, only 8.8% outside of Norway.

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Events and shows related to electric vehicles in 2023 around the world

Electric Vehicles India

In the words of Wasim Sarwar Dilov, Head of Research and Advanced Engineering at Rimac Automobili, this Expo will be a great place to strategize with the entire surrounding battery industry. 6) EV Tech Expo (12-14 September 2023, North America) The event is held for 2 days. who want to explore the EV industry.

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GM Reaches Agreement with China-based Pacific Century Motors on the Sale of Nexteer Automotive

Green Car Congress

General Motors and Pacific Century Motors (PCM), an entity formed by The Tempo Group and E-Town, an affiliate of the Beijing Municipal Government, have reached an agreement for GM to sell GM Global Steering Holdings, LLC, commonly known as Nexteer, to PCM. Nexteer Automotive is a global provider of advanced steering and related technology.

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