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BMW Group to build new $1B plant in Mexico; production start in 2019

Green Car Congress

The BMW Group will invest $1 billion to build a new plant in Mexico in close proximity to the city of San Luis PotosĂ­ in the state of the same name. We have been building BMW cars at our US plant in Spartanburg for the past 20 years. In parallel, the BMW Group is currently building a plant in the state of Santa Catarina in Brazil.

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Ford and Volkswagen expand global collaboration to include EVs, invest in Argo AI

Green Car Congress

Volkswagen started developing its MEB architecture in 2016, investing approximately $7 billion in this platform. The car-maker is planning to use this platform to build approximately 15 million cars for the Volkswagen Group alone in the next decade. For Ford, using Volkswagen’s MEB architecture is part of its more than $11.5

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Ford continues executive shuffling in wake of replacement of CEO; Marakby back from Uber to lead electrification

Green Car Congress

On Monday, Ford Motor Company announced the immediate replacement of Mark Fields as CEO by Jim Hackett, who had led Ford Smart Mobility LLC since March 2016. Ford also announced changes in roles for three top executives: Jim Farley (Global Markets), Joe Hinrichs (Global Operations) and Marcy Klevorn (Mobility). Earlier post.).

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As Electric Car Makers Ante Up Billions, Software Is Ace in the Hole

Cars That Think

Consulting firm KPMG , for example, estimates that in addition to the 179 new battery EV model launches and refreshes between 2016 and 2020, at least another 251 are expected between 2021 and 2023 by traditional auto manufacturers, or original equipment manufacturers (OEMs) as they are referred to in the industry, as well as start-ups.

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2020 Top 10 Countries in the Global EV Revolution

EV Sales

The only exception to this geographical intra-Europe rule was Ukraine, entering the Top 10 in 2016-2018 on the power of grassroots-driven lively market of second-hand EV imports, which seems to have stalled in 2019-2020. That said, China also dominates the global E-bus market, delivering and building assembly plants all over the place.

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