Remove Global Remove Italy Remove Manufacturer Remove Market
article thumbnail

Stellantis CEO on the threat of Chinese EV plants in Italy

Teslarati

Stellantis NV CEO Carlos Tavares clarified the company’s position on Chinese electric vehicle brands coming to Italy. He also refuted rumors that Stellantis would shut down production in Italy and leave the country. billion) in Italy, and we are going to bring 15 new models. My position is very clear: It is fake news.

Italy 67
article thumbnail

Volvo Cars January global sales up 2%; Recharge models up 31%, for 40.7% of all cars sold

Green Car Congress

Volvo Cars reported global sales of 48,520 in January, up 2% compared to the same month last year. of all Volvo cars sold globally during the month. The increase was led by markets such as the UK, Italy and Belgium. The share of fully electric cars stood at 16.2%. European sales for January reached 21,436 cars, up 14.7%

Recharge 273
article thumbnail

Punch Group acquires GM propulsion engineering center in Turin; global center of excellence for diesel

Green Car Congress

Belgium-based Punch Group has acquired GM’s propulsion engineering center in Turin, Italy. The transaction between the two companies includes an engineering services agreement (ESA) to support GM’s global product programs through the end of 2021. — Punch Group Founder and CEO Guido Dumarey.

GM 221
article thumbnail

ABB E-mobility opens its largest DC fast charger production facility in Italy

Green Car Congress

ABB has already sold more than 680,000 EV chargers across more than 85 markets. The new manufacturing site sets a new benchmark for the sector, producing one DC fast charger every 20 minutes from its seven production lines. ABB E-mobility employs more than 350 R&D experts globally and has a portfolio of more than 350 granted patents.

DC 259
article thumbnail

JATO: global vehicle sales fall by 39% in March; electrified vehicles up to 17.4% new registration market share in Europe

Green Car Congress

The outbreak of COVID-19 has already impacted the automotive industry significantly, according to JATO Dynamics, a leading provider of global automotive data and insight. Global vehicle sales totalled 5.55 —Felipe Munoz, JATO’s global analyst. Registrations fell in all 27 markets, but with varying severity.

Europe 261
article thumbnail

Amsted Industries forms automotive group to focus on electric and traditional vehicle markets

Green Car Congress

The integration provides an expanded global presence with 16 facilities in North America, Asia and Europe to serve the global customer base with a robust manufacturing footprint producing over 100 million components and assemblies annually. The world automotive market is going through a period of fundamental change.

article thumbnail

Snam invests €33M in electrolyzer manufacturer ITM Power

Green Car Congress

Several European countries, including France, Germany, Italy, the Netherlands, the United Kingdom, Portugal and Spain, have already prepared or announced the launch of plans to develop hydrogen. ITM Power has a market capitalization of around £1.4

Power 243