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Volkswagen Group China unveils its first eVTOL passenger drone prototype: V.MO

Green Car Congress

Volkswagen Group China unveiled its first electric Vertical Take-Off and Landing (eVTOL) passenger drone prototype, as part of its strategy to explore and break new ground in fully electric and sustainable individual mobility concepts. Stephan Wöllenstein, CEO of Volkswagen Group China. With a luxury X-wing configuration of 11.2m

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BMW Group extends joint venture contract in China until 2040

Green Car Congress

The BMW Group has extended the contract for the BMW Brilliance Automotive Ltd. The corresponding amendment to the contract comes into force with the new “business licence”, which BBA received today from the relevant Chinese authorities. It will also be used to manufacture additional fully electric models in China. against 2020).

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Volkswagen Group and Chinese manufacturer Ganfeng sign memorandum of understanding for long-term lithium supplies

Green Car Congress

The Volkswagen Group and Ganfeng Lithium Co., Under the agreement, Ganfeng will supply lithium to the Volkswagen Group and its suppliers for the next ten years. Over the next ten years the Volkswagen Group will be launching 70-plus new pure electric vehicles. The global lithium demand is expected to more than double by 2023.

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Mercedes-Benz announces strategic partnership and equity stake in Chinese battery cell manufacturer Farasis

Green Car Congress

Mercedes-Benz has entered a far-reaching strategic partnership with the Chinese battery cell manufacturer Farasis Energy (Ganzhou) Co., The stake will give Daimler the option to nominate a representative for a seat on the supervisory board of the battery cell manufacturer. including taking an equity stake.

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Volkswagen Group investing $700M in XPENG for 5% stake, VW EV development; Audi jointly developing EVs with SAIC

Green Car Congress

The Volkswagen Group is strengthening its position on the Chinese automotive market with cooperations between the VW brand and XPENG and between Audi and SAIC. The initial stage of the cooperation will provide for the joint development of two VW-brand electric models for the mid-size segment in the Chinese market.

Audi 282
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BMW Group announces local production of NEUE KLASSE in China from 2026, new gen 6 battery plant

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The high-voltage batteries required for this will likewise be manufactured locally. —Milan Nedeljković The BMW Group has had a presence in the Chinese market since 1994 and founded the BMW Brilliance Automotive joint venture in May 2003. Rendering of the future high-voltage battery assembly in Shenyang.

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Deutsche Post DHL Group sells StreetScooter production rights to international consortium ODIN Automotive S.à.r.l.

Green Car Congress

Deutsche Post DHL Group is selling the rights and know-how for the production of its StreetScooter electric vehicles to the international consortium ODIN Automotive S.à.r.l. In addition, Deutsche Post DHL Group will become a minority shareholder in ODIN. In addition, Deutsche Post DHL Group will become a minority shareholder in ODIN.