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Volkswagen Group investing ~€1B in vehicles and components, purchasing center in Hefei; shortening development time by 30%

Green Car Congress

The Volkswagen Group is investing around €1 billion in a new development, innovation, and procurement center for fully connected intelligent electric vehicles in the southern Chinese city of Hefei. The new company, with the project name ‘100%TechCo’, combines vehicles and components R&D teams with purchasing.

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Hyundai Home officially launching in 16 states; solar, energy storage and charging

Green Car Congress

Hyundai has partnered with Electrum to develop a one-stop online marketplace to connect homeowners in select states to solar panels, energy storage systems, EV chargers and local installers. Last year, we introduced Hyundai Home as a proof of concept at the Los Angeles Auto Show and the response was outstanding.

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SEAT introduces MEB-based el-Born, plug-in hybrid CUPRA Formentor concepts

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The el-Born concept car is the first SEAT conceived as an electric vehicle, and it will reach the market in 2020. SEAT will be the second brand of the Volkswagen Group to build a car on the MEB platform, and a new generation of products based on the most advanced electric and connectivity technology will roll off its assembly lines.

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First driving behavior-based telematics automobile insurance developed for Toyota connected cars in Japan

Green Car Congress

The plan is available to owners of certain units of Toyota connected cars, and uses driving data gathered via telematics technologies to adjust insurance premiums based on the level of safe driving every month. Toyota Motor Corporation and the MS&AD Insurance Group’s Aioi Nissay Dowa Insurance Co., Background.

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Germany putting another €300M into EV charging infrastructure

Green Car Congress

The new funding program complements BMVI’s funding concept for the overall charging infrastructure system in Germany: This includes private charging at home and at the employer. The following is funded: the purchase of normal charging infrastructure (AC and DC) (3.7 kW to 22 kW ) with up to 80% of the total costs, max.

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Honda introduces “Cooperative Mobility Ecosystem” at CES 2017; Honda Riding Assist, NeuV concept w/ AI emotion engine

Green Car Congress

Honda unveiled its Cooperative Mobility Ecosystem concept at CES 2017 in Las Vegas, connecting artificial intelligence, robotics and big data to transform the mobility experience of the future. The company also introduced Honda Riding Assist, a concept motorcycle that applies Honda’s robotics technology to maintain balance.

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GfK says Gen Y buyers will be critical for connected car industry; suggests leveraging car-sharing

Green Car Congress

Although Gen Y buyers are not yet very active in the new car market, global market research firm GfK suggests their preferences will be critical for the future of the connected car industry. GfK ran a 6-country study looking at which features of connected cars (such as entertainment, safety, behavioral tracking etc.) hours versus 5.6

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