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Porsche to invest more than $7.4B in electromobility by 2022

Green Car Congress

Porsche will invest more than €6 billion (US$7.4 Plans for derivatives of the Mission E are also under way: last week at the Geneva show, Porsche presented a production-ready concept study of the Mission E Cross Turismo. —Oliver Blume, Chairman of the Executive Board of Porsche AG. Earlier post.) Earlier post.)

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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

Sustainable Value Margin—the ratio of Sustainable Value to sales—for each of the evaluated manufacturers. A survey of the sustainability performance of 17 of the world’s leading automakers has found a mixed pattern when it comes to the sustainability performance of most of the car manufacturers. Click to enlarge. Click to enlarge.

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Porsche SE acquires ~10% stake in real-time traffic information company INRIX; 1st step to complementing investment in VW AG

Green Car Congress

Porsche Automobil Holding SE has acquired a stake of around 10% in INRIX, one of the leading providers of real-time traffic information. For Porsche SE, the acquisition is the first step towards creating a portfolio of investments complementing its existing shareholding in Volkswagen AG.

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Infineon and XAIN to collaborate on bringing blockchain into the car

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In February, Porsche announced its collaboration with XAIN in testing blockchain applications directly in vehicles—making Porsche the first automobile manufacturer to implement and successfully test blockchain in a car. —Leif-Nissen Lundbæk, founder and CEO of XAIN AG.

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Volkswagen Group to invest more than €62 billion up to 2016; largest-yet investment package for new models, advanced technologies and production facilities

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Volkswagen is laying the foundations for profitable, sustainable growth by building new production facilities, introducing new models and developing alternative drives, as well as with its modular toolkits. In addition, the Company will make cross-product investments of €17.1 billion (US$23.5) over the next five years. billion (US$23.5)

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Volkswagen Group and Tata Motors Ltd. to explore strategic alliance for joint development projects; ŠKODA to lead

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The goal of the strategic alliance is to bundle the expertise of both car manufacturers with a view to jointly developing vehicle components and possibly also vehicle concepts. In the long term, the Volkswagen Group is looking to further expand its product portfolio in the fast-growing emerging markets.

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BAIC BJEV in strategic cooperation with Dresden University of Technology for lightweighting technology

Green Car Congress

The first production car model based on the platform will be unveiled at Auto China 2016 in April. TUD and Professor Hufenbach’s team, as long-term partners of automakers as BMW, VW, and Porsche, and aero-engine maker Rolls-Royce, are global leaders in the light-weighting segment.

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