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First driving behavior-based telematics automobile insurance developed for Toyota connected cars in Japan

Green Car Congress

have jointly developed Japan’s first driving behavior-based telematics automobile insurance. The advance of telematics technologies has led to major changes in the automobile industry, such as the creation of a variety of new products and services that utilize automobile driving data. Background.

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Motor vehicle taxation brings in €440.4B for governments in major European markets

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New data shows that motor vehicles generate more than €440 billion in taxation per year for national governments in the major EU markets plus the UK, the European Automobile Manufacturers’ Association (ACEA) reports. This just goes to show the sheer scale of the importance of the automobile industry to Europe.

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Polestar reduced greenhouse-gas emissions by 6% per car in 2021

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Further promoting transparency on carbon footprint and risk materials, in 2021, Polestar introduced an industry-unique product sustainability declaration, clearly displaying sustainability information for Polestar 2 in all retail environments. In addition, Polestar is committed to the UN’s Race to Zero.

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Genesis premieres first EV model: Electrified G80

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Genesis officially introduced its first EV model, the Electrified G80, to the global market at the 2021 Shanghai International Automobile Industry Exhibition (Auto Shanghai 2021). The Electrified G80 builds on the heritage of the G80, which sits at the core of the Genesis sedan lineup.

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European consortium launches 4-year, $80M L3Pilot research project to test Level 3, 4 autonomous driving in 11 countries

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Thirteen European automobile manufacturers, suppliers, research institutes and universities, and small and mid-sized companies will operate 100 vehicles with 1,000 drivers under real conditions and in a wide range of applications. —Aria Etemad from Volkswagen Group Research, project coordinator L3Pilot.

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LGES & Honda battery plant in Ohio starts construction on $3.5 billion facility

Teslarati

The cells will go to Honda’s automobile manufacturing plans producing electric vehicles for the North American market. The Honda-LGES battery plant hints at the Inflation Reduction Act’s (IRA) strong influence in the automobile industry. Honda and LGES also provided information on future job opportunities at the battery plant.

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Volkswagen Group’s new Future Tracks program targeting digitalization era in auto industry; “James 2025”

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At the Geneva show, Winterkorn introduced the Future Tracks program by saying : Over the next few years, our industry will face one of the greatest upheavals since the invention of the automobile. One of the main challenges for our industry will be to adapt even faster to the changing needs of customers. billion (US$5.3