article thumbnail

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

Green Car Congress

The Volkswagen brand aims to make significant gains in South America with a major product offensive. In total, the South American automotive market is expected to grow 11% a year until 2030, making it one of the fastest growing markets in the world. To this end, we are investing one billion euros in South America by 2026.

article thumbnail

China realizes charging piles, complete vehicles and accessories to go overseas

Setec Powerr

According to statistics from the China Automobile Dealers Association, my country’s auto exports will reach 2.015 million in 2021, a year-on-year increase of 101.1%, exceeding 2 million for the first time in history. China Pinti Auto Parts sells well all over the world. Demand for charging piles soars. of the total export volume.

China 52
article thumbnail

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

Green Car Congress

Our aim with the envisaged strategic partnership with Tata Motors is to lay the foundations in the Group and the brands that will enable us to offer customer-oriented mobility solutions in the emerging, fast-growing automobile markets, as elsewhere. That is why we are systematically pursuing our regional growth strategy. million cars in 2016.

Motor 150
article thumbnail

IEA technology and policy reports outline paths to halving fuel used for combustion-engined road transport in less than 40 years

Green Car Congress

The IEA roadmap on fuel economy of internal combustion engines is part of the IEA series Technology Roadmaps. Most major economies should aim to implement fuel economy standards, as part of a comprehensive fuel economy policy package, by 2015, with strong fuel economy improvement targets for 2020 and even out to 2030.

article thumbnail

Perspective: US Needs to Transition to Hydrous Ethanol as the Primary Renewable Transportation Fuel

Green Car Congress

Brazil, the largest and most populous country in South America, was importing 80% of its oil and 40% of its foreign exchange was used to pay for that imported oil. Automobile manufacturers were given tax breaks to produce cars that ran on hydrous ethanol, and, by 1980, every automobile company in Brazil was following this lead.

article thumbnail

Cellulosic nanocrystals from biomass waste for thermoplastics for automotive applications

Green Car Congress

We believe that a lot of car parts, including dashboards, bumpers, side panels, will be made of nano-sized fruit fibers in the future. But in the future, we may be able to replace steel and aluminum automotive parts using these plant-based nanocellulose materials. So far, we’re focusing on replacing automotive plastics.

Waste 247