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GM posts 2016 delivery record in China; 3.87M vehicles, more than 1/3 of global sales

Green Car Congress

General Motors and its joint ventures delivered a record 3,870,587 vehicles in China in 2016, which was an increase of 7.1% China remained GM’s largest market in terms of retail sales for the fifth consecutive year, accounting for more than one-third of the company’s global sales. from the previous high in 2015.

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Tesla could be ‘passing the torch’ to this person as executives depart

Teslarati

Pat, in our absence, the torch passes to you to keep pushing to liberalize energy markets to unlock the full value of energy storage! — Drew Baglino (@baglino) April 16, 2024 According to his LinkedIn page, Bean has been with Tesla since late 2015, formerly working at SolarCity and remaining through the 2016 acquisition.

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Juniper: smart cities to ease traffic congestion, save 4.2B person-hours per year by 2021

Green Car Congress

billion person-hours annually by 2021—equivalent to each city driver saving nearly an entire working day per year. Juniper notes that the smart city concept is now a global phenomenon. are expected to contribute to driving the market forward.

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Forecast: Electric Two-Wheelers Poised for Strong Global Growth; 9% CAGR Worldwide

Green Car Congress

Pike global markets forecast of annual electric two-wheel vehicle sales, excluding Asia-Pacific, through 2016. A new report from Pike Research anticipates that the global market for electric two-wheeled vehicles—e-bikes, e-scooters, and e-motorcycles—will grow at a compound annual rate of 9% through 2016.

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Hyundai Motor launches new global luxury brand Genesis

Green Car Congress

Hyundai Motor is launching an all-new global luxury brand—Genesis—as a stand-alone brand that operates alongside the company’s popular Hyundai marque. Genesis models will feature outstanding driving dynamics and design, with innovations tailored to closely-meet the needs of customers.

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Rise of Indian used car market; set to exceed 10 mn units by FY28 – ET Auto

Baua Electric

The used car industry is generally three to five years behind the trends in the new car market. New Delhi: The Indian used car market is poised for continued expansion, fuelled by a burgeoning middle class with rising disposable income, a growing desire for personal mobility and shorter vehicle replacement cycles.

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ABI Research: by 2028, automakers will save $1.5B using over-the-air updates to fix recalled cars

Green Car Congress

According to global technology intelligence firm ABI Research, performing these legally required software updates in-person costs OEMs half a billion dollars annually. Its 2016 recall of 3.6 By 2028, automakers in the United States will use Over-the-Air (OTA) update capabilities to save US$1.5