article thumbnail

Teijin to establish Teijin Automotive Center Europe to expand capabilities for next-gen automotive components

Green Car Congress

Amid the ongoing shift toward Connected, Autonomous, Shared, and Electric (CASE) automobiles, the automotive industry is transforming its business models to realize more lightweight and multifunctional next-generation vehicles. Teijin is targeting automotive composite business sales of approximately €1.7 billion (US$2 billion) by 2030.

article thumbnail

Teijin joins AZL Partner Network for Lightweight Production Technology

Green Car Congress

Teijin has joined the AZL Partner Network for Lightweight Production Technology , a cross-industry network for joint business development and technology development organized by service and engineering provider AZL Aachen GmbH and involving nine institutes and some 80 companies in the field of lightweight production. of Czech Republic.

article thumbnail

Fiat Chrysler Automobiles, IVECO and ENGIE collaborating to promote natural gas in Europe starting from Belgium

Green Car Congress

Fiat Chrysler Automobiles (FCA), IVECO (a brand of CNH Industrial) and ENGIE (Global Energy Player) are broadly collaborating to promote natural gas vehicles and infrastructure in Europe.

Belgium 150
article thumbnail

More than 50 percent of MoUs signed in Vibrant Gujarat are green | Autocar Professional

Baua Electric

According to industry estimates, the state’s automotive sector is now valued at USD 3 billion, with Gujarat exporting automobiles and auto components with over eight lakh vehicles exported in the fiscal year 2020-21. This will lead to 1.7 times more production and 2.7 times more exports this year. We will invest in the future.

Green 52
article thumbnail

Hyundai Motor to invest $85B over next 10 years to accelerate transition to smart mobility provider

Green Car Congress

Furthermore, in order to secure leadership in the future mobility industry, it has decided to focus on future businesses, such as autonomous driving, hydrogen, robotics and advanced air mobility (AAM). The company is currently producing EVs in this way at its plants in the US, South Korea, the Czech Republic, and India.

Hyundai 284
article thumbnail

Growing Number of EU Countries Levying CO2 Taxes on Cars and Incentivizing Plug-ins

Green Car Congress

At present, 17 of the 27 EU Member States levy CO 2 -related taxes on passenger cars, and 15 governments provide tax incentives for electrically chargeable vehicles, according to the newly published European Automobile Manufacturers’ Association (ACEA) Tax Guide 2010. New to the list is Belgium.

Tax 268
article thumbnail

Study finds that EV-specific factors rather than socio-demographic variables better predictors of EV uptake

Green Car Congress

This, they suggest, could be because national EV markets were so small relative to overall automobile sales. Until then, EV-specific factors such as amount of charging infrastructure, level of consumer financial incentives, and number of locations that sell the automobiles are likely to be more correct for estimating a country’s market share.