Saab Automobile enters agreement with Hawtai Motor Group on strategic partnership

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and Saab Automobile AB (Saab Automobile) have signed an agreement with Hawtai Motor Group Company Limited (Hawtai). in financing ( earlier post ), conditionally secures medium-term funding and includes financing in the form of subscription agreements in the amount of €150 million (US$222 million) as well as a strategic alliance for China including joint ventures on manufacturing, technology and distribution. Spyker Cars N.V.

2011 172

Volkswagen lays out its NEW AUTO strategy: transforming from manufacturer to software-driven mobility provider; Scalable Systems Platform

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Strong brands and the automobile will continue to play a central role in individual mobility in the future. By 2025, the proportion of internally-developed software in the car will rise from the current figure of 10% to 60%.

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Soteria BIG licenses ORNL Li-ion battery safety technology

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The Soteria architecture will instead use thermally stable separators made from advanced fibers, and combine them with current collectors that are engineered to be unstable under the giant current densities associated with internal shorts.

2020 253

Audi increases upfront expenditure for electric mobility; €12B by 2024

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—Alexander Seitz, Board of Management Member for Finance, China and Legal Affairs at Audi AG. “. Audi intends to achieve about 40% of its worldwide unit sales with all-electric and hybridized automobiles by then. In order to finance the high investment required to realign the business model, the company launched the Audi Transformation Plan (ATP). Those appointments will be made on the principle of internal before external candidates.

2019 181

BNEF: EV company fundings bright spot as clean energy investment slips in Q3 quarter; 3 China EV companies raise $1.9B

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There was a $1-billion initial public offering by NIO, a $585-million Series C venture capital round by Guangzhou Xiaopeng Motors and a $294-million pre-IPO round by Zhejiang Dianka Automobile. Looking at the third-quarter global investment figures by type, asset finance of utility-scale renewable energy projects came to $49.3 The three biggest renewable energy asset financings in the quarter were the 860MW Triton Knoll project in UK waters at an investment cost of $2.6

2018 221

Electric vehicles sales, transportation & policy initiatives 

Electric Vehicles India

The Society of Indian Automobile Manufacturers (SIAM) is an apex national body representing all major vehicle & vehicular engine manufacturers in India. It has announced the sales of the automobile industry for May 2021. Ministry of Finance (MoF).

Koenigsegg Group AB Links With Beijing Automotive Industry Holdings Co. Ltd (BAIC) for SAAB Transaction

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BAIC) to explore growth opportunities in the Chinese and international markets for the products of SAAB Automobile and BAIC. Koenigsegg Group will own 100% of SAAB Automobile AB. This is an important step on the road to a new SAAB Automobile. We have a solid business plan, an important partnership and we are now in a position to go ahead without any governmental financing.

2009 172

China publishes plan to boost fuel-efficient and new energy vehicles and domestic auto industry; targeting 500K PHEVs and EVs in 2015, rising to 2M by 2020

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This progress includes advanced internal combustion engines; efficient transmissions; lightweight materials; and hybrid and other energy-saving technologies. However, generally speaking, the government continued, China has not achieved a breakthrough with new energy automobiles and core components of the key technologies. Energy-saving and new energy vehicles have become the development direction of the international automobile industry. International cooperation.

2012 272

Volkswagen Group and ride-hailing provider Gett to expand on-demand mobility solutions & activities in Europe

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Chairman of the Board of Management Matthias Müller stressed the importance of the new strategic partnership, stating that ride hailing will be at the center of the Group’s new mobility on-demand business, which the company is building up as the second pillar alongside the classic automobile business. Volkswagen intends for its global presence to help accelerate the pace and strength of Gett’s international business.

2016 150

Chrysler Splits Dodge into Ram and Car Brand Organizations

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Francois joins the Company from Fiat Group Automobiles where he serves as head of the Lancia Brand, a position he retains. He will continue to lead these functions within Fiat Group Automobiles. Manley will also be the lead executive for the international activities outside of NAFTA and will be responsible for implementing the co-operation agreements for distribution of Chrysler Group products through Fiat’s international distribution network.

Dodge 172

PSA Group and Dongfeng Motors to design electric version of Common Modular Platform; global B- and C-segment EVs from 2019

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PSA Group and DFM also signed a framework Human Resources agreement designed to increase synergies to develop talent internationally. In practical terms, the agreement will provide for temporary employee exchanges between operational teams in the fields of Research & Development, Marketing, Manufacturing, Finance and Human Resources. The new agreements are in support of the new 5A+ medium-term plan for Dongfeng Peugeot Citroën Automobile (DPCA).

2016 150

EIA: China promoting both fuel efficiency and alternative-fuel vehicles to curb growing oil use

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In its 12 th , and current, Five-Year Plan, the Chinese government also launched a new strategy to promote new energy vehicles (NEV; vehicles that are partially or fully powered by electricity) and to support its domestic automobile industry to mass-produce NEVs. Additionally, in 2012 the Chinese Ministry of Finance announced it would provide annual subsidies up to two billion yuan ($323.6 Consumption of gasoline in China grew from 0.9

2014 193

ZF opens passenger car transmission plant in the US; emphasis on 9-speed automatics

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€450 million (US$598 million) is planned for investment into the new location—the largest single investment in the almost century-long history of ZF, emphasized Dr. Konstantin Sauer, ZF Board Member responsible for finance and the North American region. ZF chose South Carolina because numerous automobile manufacturers and suppliers are already located in the area, and the local government provided a number of great opportunities to build a new facility.

2013 214

Chinese automakers bring hybrids and plug-ins to Detroit, Geneva auto shows

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At least two Chinese automakers are bringing some of their new energy vehicles—hybrid, plug-in hybrid and battery-electric—to two of the major international auto shows in the first quarter of this year. Guangzhou Automobile Group Co., —a partnership between Chery Automobile, China’s largest independent car manufacturer, and Israel Corporation—is bringing its Cross Hybrid Concept to the Geneva Motor Show in March. Guangzhou Automobile Group.

2013 223

Survey: Norwegian PHEVs drive electrically 55% of time, BEVs driven more in total and in everyday traffic

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The report is part of the Emiroad (Emission from Road Transport vehicles) project financed by the Norwegian Public Roads Administration with a contribution from the BISEK (A research program on the social and economic impact of vehicles) research program. This report presents the results of a nationwide survey of Battery Electric Vehicle (BEV), Plug in Hybrid Electric Vehicle (PHEV) and Internal Combustion Engine Vehicle (ICEV) owners in Norway conducted in March 2016.

2016 223

Some Volkswagen strategists see battery-electric, diesel cost lines crossing by 2023-2025; TRANSFORM 2025+

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The increasing stringency of global emissions standards, both current and projected, is driving up the cost for internal combustion engines to meet those standards, although numerous technology pathways exist. Volkswagen’s e-mobility offensive—which is to result in selling one million electric cars per year by 2025—is to be financed by a number of measures including the discontinuation of certain low-volume, low-earnings conventional models and model variants.

2016 212

GE study finds 5% of worlds natural gas production wasted per year by flaring

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Gas flaring emits 400 million metric tons of CO 2 annually, the same as 77 million automobiles, without producing useful heat or electricity. It is becoming increasingly clear that the next phase of flare gas eradication will require a major, coordinated effort from central and regional governments, oil and gas producers, technology providers, and the international community. Expand access to financing. Gas-flaring countries and trends. Click to enlarge.

2011 223

Geely raises $400M via Green Bonds sale to develop and produce TX5 range-extended electric London taxis

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China’s Zhejiang Geely Holding Group (ZGH) has raised $400 million through the first Green Bond sale on the offshore market from a Chinese automobile company to support the design, development and production of range-extended electric vehicles by its UK subsidiary, the LondonTaxi Company (LTC), manufacturer of the iconic London Black Cab. The plug-in hybrid TX5 London Cab will be launched in the UK at the end of 2017 and in international markets in 2018.

2016 163

Can Electric Vehicles Speed Up As The Economy Slows Down?

Wallbox

Furthermore, a BCG report from earlier this year even predicted EV sales to overtake internal combustion engine (ICE) car sales by 2030. As a result of the lockdown, automobile production ground to a halt in several leading car manufacturing countries.

KPMG study identifies 10 sustainability “megaforces” with accelerating impacts on business; imperative of sustainability changing the automotive business radically

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In a new study, KPMG International has identified 10 “megaforces” that will significantly affect corporate growth globally over the next two decades. For this report, KMPG analyzed more than two dozen forecasts from international agencies, global think-tanks, national agencies and noted futurists in an attempt to identify those changes likely to have the greatest impacts on business. Sector analysis: Automobiles.

2012 256

Fujitsu develops technology to enable high-speed deep learning

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Compared with before this technology was applied, it achieved learning speed improvements of 46% for 16 GPUs and 71% for 64 GPUs (according to internal comparisons). Fujitsu Laboratories Ltd. has developed software technology that uses multiple GPUs to enable high-speed deep learning powered by the application of supercomputer software parallelization technology.

2016 183

Dow and AKSA forming JV for carbon fiber and derivatives; up to $1B investment in project within 5 years

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Following initial equity investments from the two companies, the JV will finance its growth through cash flow from operations and financial institutions. Making Turkey the second biggest acrylic fiber market in the world with its leading position in technical fiber and production capacity in acrylic fiber, AKSA has achieved an important position in the international market with the carbon fiber.

Potsdam/TUB/BMW report says cap-and-trade instrument for road transport fuels combined with vehicle efficiency metrics is the most promising policy approach to reduce transport GHG

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The study, written by scientists of the Technical University Berlin (TUB) and PIK, was commissioned and financed by the BMW Group. The study, “Car Industry, Road Transport and an International Emission Trading Scheme” (CITIES), combined an empirical and systematic perspective on road transport GHG emission regulation, first identifying carbon intensity, energy intensity and travel demand as major emission drivers. Automobile manufacturers have no influence on that.

2010 181

Siemens presents three-point plan for implementing cost-efficient energy transition in Germany

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In May, the International Energy Agency released a review of German energy policies that commended the country for its commitment to developing a low-carbon energy system over the long term, but emphasized that further policy measures are necessary if the Energiewende is to maintain a balance between sustainability, affordability and competitiveness. “ With intelligent financing models, modernization can be undertaken with no preliminary investment costs for the customer.

2013 207

Perspective: Regional Greenhouse Gas Cap-and-Trade Programs May be the Solution

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For example, automobile firms have an incentive to invest in energy efficiency because consumers value fuel efficiency. Auction revenues may be used for the public good by allocating the allowance value to: households as dividends; financing investments and other public expenditures; and. Financing Investments and Other Public Expenditures. Allowance value can be used to finance government expenditures of various kinds. Perspective by Brian J.

2010 212

Perspective: The UN Approval Process for Carbon Offsets

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Carbon offsets—authorized through the United Nations Clean Development Mechanism (CDM)—are unlike any securities ever created: because such gases emerge not just from factories and automobiles but from felled trees, animal and agricultural waste, and innumerable other sources from every corner of the earth, the supply of promises to reduce greenhouse-gas emissions is potentially infinite. Perspective by Brian J. Donovan, CEO of Renergie, Inc. INTRODUCTION.

2010 218

New Chrysler Group LLC and Fiat Finalize Global Strategic Alliance; New Global Brand-Focused Structure

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As previously announced, Chrysler has entered into an agreement with GMAC Financial Services to provide automotive financing products and services to the Company’s North American (NAFTA) dealers and customers. Manley served most recently as Executive Vice President, International Sales & Global Product Planning Operations.

2009 150

Andy Grove: The U.S. must create an electric car industry - Apr. 17, 2009

Tony Karrer Delicious EVdriven

News | Markets | Technology | Personal Finance | Small Business | CNN.com RSS Newsletters Video Home Fortune 500 Technology Investing Management Rankings Andy Grove on battery power To wean itself from imported oil, the U.S. The power and efficiency of the internal-combustion engine were at the core of the development of the automobile. automobiles will require new manufacturing capacity that costs billions.

2009 35

Why Warren Buffett is investing in electric car company BYD - Apr. 13, 2009

Tony Karrer Delicious EVdriven

News | Markets | Technology | Personal Finance | Small Business | CNN.com RSS Newsletters Video Home Fortune 500 Technology Investing Management Rankings Warren Buffett takes charge Warren Buffett hasnt just seen the car of the future, hes sitting in the drivers seat. Wang entered the automobile business in 2003 by buying a Chinese state-owned car company that was all but defunct.

2009 51

Lotus and Harmon partner up to add sound to hybrids

Tony Karrer Delicious EVdriven

Lotus Engineering and Harmon International, two heavyweights in their respective industries, have teamed up to create a new technology known as Electronic Sound Synthesis (ESS). For drivers that just cant do without the sound of internal combustion, a separate system inside the car can pipe in a new soundtrack thats meant to mimic the rising and falling sounds of an engine. The third system is Electronic Sound Synthesis which has applications internally and externally.

2009 29

Plug In America - Links and Resources

Tony Karrer Delicious EVdriven

Take Action Now Act Contact Automakers Events Downloads Donate Join Multimedia Center Audio 2008 Podcasts EVS-23 PHEVs and Air Quality 2007 Podcasts Video Photo Gallery Reviews Plug In Hybrids Coming Clean Plugged In Internal Combustion Electric and Hybrid Cars The Hype About Hydrogen The EV and HEV Forward Drive The Car that Could Additional Links News and Press Press Room Newsletters 2008 to Present Newsletter Vol. Learn About Plug-ins What Are Plug-ins? Where Can I Buy One?

2009 29