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Volkswagen Group expands presence in Russia with agreements with GAZ

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The Volkswagen Group and GAZ Group have extended their manufacturing agreement for Volkswagen and ŠKODA models in Russia until 2025. Furthermore, the Volkswagen brand will in future supply 2.0 TDI engines for GAZ light commercial vehicles, opening up new business opportunities in international markets. Supply of Volkswagen 2.0

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Rusnano and I2BF invest $20M in Nesscap; production and research in Russia

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Products from the new plant in Russia will be supplied to the growing European and Asian markets for use within the automotive sector and renewable energy markets, said Georgy Kolpachev, Managing Director of Rusnano. Under the terms of the investment agreement, Kolpachev will join Nesscap’s board of directors.

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BNEF, Snam, IGU report finds global gas industry set to resume growth post-pandemic; low-carbon technologies for long-term growth

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The development of an international hydrogen market could also accelerate adoption. While matching supply and demand in the most efficient way, the infrastructure is expected to play a central role in supporting the penetration of hydrogen in the energy mix. MMbtu in Russia, $8.7/MMbtu —Jon Moore, CEO of BNEF.

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Hyundai Motor Strategy 2025 lays out transition into smart mobility solution provider

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The Smart Mobility Device business will supply products optimized for the services and lay the groundwork to help foster the service business. Hyundai’s plans for Smart Mobility Device include a wide range of product groups beyond automobiles such as Personal Air Vehicle (PAV), robotics, and last-mile mobility.

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Opinion: How Much Longer Can OPEC Hold Out?

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OPEC (Organization of the Petroleum Exporting Countries) has been the most talked about international organization among investors, analysts and international political lobbies in the last few months. As per its state run oil company PDVSA, the country loses about $700 million a year with every $1 drop in the international oil price.

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Volvo to unveil XC60 gasoline-electric Plug-in Hybrid Concept at Detroit show; system targeted for US and China markets

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At the 2012 North American International Auto Show in Detroit, Volvo Car Corporation will unveil the Volvo XC60 gasoline-electric Plug-in Hybrid Concept. In today’s model range the Volvo S60, V60 and XC60 form one vehicle cluster. and Russia. The range according to the European certification driving cycle NEDC is 45 km.

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Renault-Nissan jointly developing new vehicle program for growth markets; CMF-A for affordability

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The program, internally named CMF-A, covers the most affordable category of cars in the Common Module Family (CMF, earlier post ), Renault-Nissan’s modular system of vehicle architecture. At that announcement, the companies said that CMF will gradually be extended to Renault and Nissan ranges between 2013 and 2020. —Carlos Ghosn.

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