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Volvo Cars and Geely Auto to deepen collaboration; new combined powertrain company

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Companies to retain independent corporate structures. The collaboration will be overseen by a new governance model, supported by Geely Holding, the lead shareholder in both companies. Volvo Cars and Geely Auto confirmed the combination of their existing powertrain operations into a new standalone company.

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Study of Sustainable Value in Automobile Manufacturing Finds Mixed Performance for Most OEMs, BMW and Toyota as the Clear Leaders

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The Sustainable Value approach is a value-based method for assessing corporate sustainability performance that extends the traditional valuation methods used in financial analysis to include not just the use of economic capital, but also environmental and social resources. Click to enlarge. GM achieved a sustainable value of -€9.87

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Suzuki, Subaru, Daihatsu, Toyota and Mazda to develop joint technical specifications for next-generation vehicle communications devices

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Suzuki Motor Corporation, Subaru Corporation (Subaru), Daihatsu Motor Co. Toyota Motor Corporation, and Mazda Motor Corporation reached an agreement to develop jointly technical specifications for next-generation vehicle communications devices.

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Yanmar developing hydrogen fuel cell system for maritime applications

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announced the development of a hydrogen fuel cell system for maritime applications based on fuel cell technology for automobiles, as part of efforts to offer environment-friendly powertrain solutions. Furthermore, the company plans to expand the technology for a variety of applications and deployments. Yanmar Holdings Co.,

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CATL and Toyota form comprehensive partnership for new energy vehicle batteries

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Limited (CATL) and Toyota Motor Corporation have entered into a comprehensive partnership agreement for the stable supply and further development of New Energy Vehicle (NEV) batteries. To this end, the two companies intend to establish joint systems and engage in specific initiatives together.

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

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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. Dongfeng is one of the leading vehicle company groups in the world. million units in 2014 and 1.83 million in the first half of 2015.

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Enovix raises $45M; working to develop its 3D Silicon Lithium-ion technology for EV market

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Enovix Corporation has secured $45 million in new funds to produce and commercialize its 3D Silicon Lithium-ion Battery. Enovix has also signed new agreements with two additional portable electronics companies. The funding sources include a major new strategic investor, current investors (including T.