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

Green Car Congress

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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DENSO and BlackBerry launch integrated automobile HMI platform

Green Car Congress

A leader in automotive technology, BlackBerry is excited to bring one of the world’s first integrated digital cockpit platforms to market with DENSO in Subaru’s latest vehicles, helping manufacturers to take advantage of a significant industry trend—the exploding demand for a safe, seamless, digital in-car experience.

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

Green Car Congress

Rodgers and York Capital), and non-dilutive funding from market-leading customers. Based on successfully deploying 3D Silicon Lithium-ion Battery technology in portable electronic devices, Enovix is now working with leading international automobile manufacturers to develop its patented battery technology for the electric vehicle (EV) market.

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Stellantis strengthens ties with China’s auto industry

Teslarati

Stellantis appears to be strengthening its ties in China’s automotive industry. is a state-owned automobile manufacturer headquartered in Wuhan, Hubei. billion open-market share repurchase program announced February 22, 2023, which is expected to [be] completed by the end of 2023,” announced Stellantis.

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CAAM calls for return to normal order in China's auto industry as price war disrupts sector

CN EV Post

(Image credit: CnEVPost) The price war is one of the most talked-about topics in China's auto industry this month, creating operational challenges for many car companies. Now, an industry association is calling for a return to rationality for all parties to bring order to the market. For more articles, please visit CnEVPost.

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European car sales up 15% in July, EV sales rise more than 60%

Electric Cars Report

in July, the 12th consecutive month of growth as the auto industry recovers from pandemic-related supply chain issues, according to data from the European Automobile Manufacturers Association (ACEA). European new car sales jumped 15.2%

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GAC Group begins construction of $6.5B industrial park for electric and intelligent vehicles

Green Car Congress

China-based automobile manufacturer Guangzhou Automobile Group (GAC Group), the parent company of GAC Motor, has begun construction of a large industrial park for electric and intelligent vehicles as part of its efforts to boost its electric vehicle business. More than 45 billion yuan (US$6.5 Click to enlarge.