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Groupe PSA & Punch Powertrain to form second JV to expand electrification partnership; DT2 for MHEV and PHEV

Green Car Congress

Punch Powertrain holds majority control in the new Joint 61/39 Venture, which will design, manufacture, and supply Punch Powertrain’s DT2 dual clutch transmission for the industry’s next generation of mild hybrid electric (MHEV) and plug-in hybrid electric (PHEV) vehicles.

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Mercedes-Benz Cars starts production of PHEV batteries in Bangkok; 3rd plant in global battery production network

Green Car Congress

Mercedes-Benz Cars has opened a factory for plug-in hybrid (PHEV) batteries in the Bangkok region in Thailand. The new plant is the third production facility in the company’s global battery production network. The battery factory in Bangkok meets Mercedes-Benz standards in terms of ergonomics, industrial safety and digitalization.

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GAC Group begins construction of $6.5B industrial park for electric and intelligent vehicles

Green Car Congress

China-based automobile manufacturer Guangzhou Automobile Group (GAC Group), the parent company of GAC Motor, has begun construction of a large industrial park for electric and intelligent vehicles as part of its efforts to boost its electric vehicle business. More than 45 billion yuan (US$6.5 More than 45 billion yuan (US$6.5

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California PHEV Owners Return to Gas Power

The Truth About Cars

Yet 20 percent of California PHEV owners have gone back to gas-powered vehicles. Published in Nature Energy on April 26th by the Institute of Transportation Studies at the University of California, Davis, the study found that PHEV buyers in California were abandoning the technology at a rate of […].

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GlobalData: growing global electric vehicle market will more than double lithium demand over the next 5 years

Green Car Congress

According to GlobalData, the global EV market is expected to grow at a substantial CAGR of 15.6% The company projects that China will lead the global EV market with more than 50% share and grow three times as fast as the US over the next five years. of global sales, followed by Germany (4.8%) and the UK (4.1%). In 2017, 1.1

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Anderman report projects annual global EV and PHEV market to grow four-fold to 1.4M vehicles between 2014 and 2020

Green Car Congress

The 2015 xEV Industry Insider Report by Dr. Menahem Anderman, released this week, projects that the combined annual global electric vehicle (EV) and plug-in hybrid electric vehicle (PHEV) market will grow fourfold from 350,000 to 1.4 According to the report’s baseline estimate, the global Li-ion xEV business, totaling $4.1

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Guidehouse Insights names Rivian, NIO, and Nikola the leading EV “upstarts”

Green Car Congress

Interest in and adoption of battery electric vehicles (BEVs), plug-in hybrid electric vehicles (PHEVs), and fuel cell vehicles (FCVs) continues to grow globally, driven by declining costs from battery innovations and supportive government policies. The Guidehouse Insights Leaderboard Grid. These conditions are changing.

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