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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

Industry 247
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SoftBank to invest $2.25B in GM Cruise; GM to add $1.1B; driving large-scale AV deployment

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We are very impressed by the advances made by the Cruise and GM teams, and are thrilled to help them lead a historic transformation of the automobile industry. The GM Cruise approach of a fully integrated hardware and software stack gives it a unique competitive advantage. Photo by Steve Fecht for General Motors).

GM 210
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Volkswagen Group to invest more than €9.8 billion in China by 2015; efficient products and production

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By 2018, the workforce is to increase from 75,000 to 100,000 people. million to more than 4 million units per year in 2018, with a view to relieving the burden on existing plants in a growing market. Annual production capacity is set to grow from the present figure of 2.6

2015 218
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Renault and Brilliance sign strategic cooperation agreement with Liaoning province, China; 3 new electric LCVs in 2 years

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Liaoning Province is one of China’s new automobile industrial hubs with more than 120 auto & auto-parts manufacturers and is the largest provincial economy of Northeast China. —Renault Chairman and CEO Carlos Ghosn. Renault-Brilliance-Jinbei Automotive Co.,

China 207
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Mazda continues supporting algae biofuels research

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Mazda continues to be involved in joint research projects and studies as part of an ongoing industry-academia-government collaboration to promote the wide-spread adoption of biofuels from microalgae growth. Earlier post.). These initiatives will be launched in phases by around 2020.

Mazda 243
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California ARB Backs White House Program for Medium- and Heavy-Duty and Next Phase of Light-Duty Vehicle GHG and Fuel Economy Standards; Looking for LDV Improvements on the Order of 3-6% Annually

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President Obama’s announcement of the first-ever national policy to increase fuel efficiency and decrease greenhouse gas (GHG) pollution from medium- and heavy-duty trucks for model years 2014-2018. Earlier post.). Establishes standards applicable to medium and heavy-duty vehicles in a manner that.

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Two largest US automotive trade associations merge: Alliance for Automotive Innovation

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Global Automakers and The Alliance of Automobile Manufacturers—the two largest automotive industry trade associations in the US—merged to form a new association leveraging the expansive history of both organizations while creating a single, unified industry voice. —John Bozzella.