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

Green Car Congress

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.

Volvo 320
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Schaeffler introducing 4in1 electric axles for EVs

Green Car Congress

In the future, Schaeffler will supply beam axles to automobile manufacturers, particularly in North America. The company therefore already offers thermal management systems for all types of vehicle powertrains and is continuing to develop them. The company is therefore entering a new market segment for electric axle drives.

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

Green Car Congress

By 2027, the company plans to grow by 40% in Brazil, the region’s largest market. Hybrid vehicles will also follow in the medium-term. Before the end of 2023, the company is bringing its first fully electric models to Brazil: the Volkswagen ID.4. and the ID. 4 and the ID.

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SsangYong to unveil diesel mild hybrid SUV concept at Geneva Show

Green Car Congress

The XLV is a multi-role B-segment SUV concept featuring a mild hybrid system which combines a 1.6 SsangYong Motor is the fourth largest South Korea-based automobile manufacturer, and specializes in SUVs. liter diesel engine with an electric motor powered by a lithium-ion battery. XLV concept. 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

In China, the company has been introducing EV models while utilizing local resources; Honda will further accelerate this approach from here forward. The company plans to introduce 10 Honda-brand EV models within five years. In China, Honda will strive for a BEV/FCEV sales share of 40% by 2030, 80% by 2035 and 100% by 2040.

Honda 400
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BYD to stop making pouch batteries for its hybrid EVs on leakage concerns – sources – ET Auto

Baua Electric

BYD sold 98% of its hybrid cars at home last year, and eight of the 10 top-selling plug-in hybrid cars in China, according to data from the China Association of Automobile Manufacturers. BYD, which is backed by Warren Buffett’s Berkshire Hathaway, did not respond to requests for comment.

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Stellantis production affected by cyberattack on Chinese supplier

Teslarati

Yanfeng supplies automobile manufacturers with car parts including electronics, seats, interiors, and other components. billion in the Chinese company. The 2025 Ram 1500 Ramcharger will function like a plugin hybrid electric vehicle, revealing where Stellantis sits in its electrification efforts.

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