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Volkswagen releases design sketch for ID.AERO fully-electric sedan; Chinese market first

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AERO concept vehicle, a fully-electric limousine planned for the Chinese automobile market. AERO will see Volkswagen expand its successful electric vehicle lineup in the high-volume upper-middle class segment, and accelerate its electric offensive within the framework of the ACCELERATE strategy.

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

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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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Gevo enters on-road automobile gasoline market in Houston with 12.5% isobutanol blend

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blend of its bio-isobutanol with gasoline marketed for use in automobiles has begun to be sold in the Houston area. This marks the first time that Gevo’s isobutanol has been specifically targeted towards on-road vehicles. Previously, Gevo and its partners have focused on specialty markets such as marinas and off-road engines.

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Sales of chargeable vehicles more than triple in EU in Q3 to take 9.9% new market share

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of passenger cars sold in the EU were electrically-chargeable vehicles, compared to 3.0% during the same period last year, according to data from the European Association of Automobile Manufacturers (ACEA). This represents a market share of 47.5%, with gasoline going below the mark of 50% for the first time since 2016.

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Nikkei: India passes Japan to become world’s No. 3 auto market in 2022

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India’s sales of new vehicles totaled at least 4.25 New vehicles delivered in India totaled 4.13 million between January and November 2022, according to the Society of Indian Automobile Manufacturers (SIAM). In Japan, 4,201,321 vehicles were sold in 2022, down 5.6% million vehicles sold. million units.

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Six Japan-based companies establish Research Association of Biomass Innovation for Next Generation Automobile Fuels

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Toyota Motor Corporation , and Toyota Tsusho Corporation established the Research Association of Biomass Innovation for Next Generation Automobile Fuels (Research Association) to study ways to optimize the process of producing fuel. ENEOS Corporation, Suzuki Motor Corporation, Subaru Corporation, Daihatsu Motor Co.

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Fujitsu, Toyota Systems leverage Fujitsu’s quantum-inspired Digital Annealer to streamline automobile production sequence

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Fujitsu Limited and Toyota Systems Corporation launched a new automobile production instruction system at Toyota Motor Corporation’s Tsutsumi plant leveraging Fujitsu’s Quantum-Inspired Digital Annealer technology. Fujitsu plans to roll-out the service globally to markets outside of Japan from fiscal 2023.