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a joint venture to manufacture and sell light commercial vehicles (LCV), signed a Strategic Cooperation agreement with Chinese officials from Liaoning Province to further accelerate growth of LCVs in China. —Renault Chairman and CEO Carlos Ghosn. Renault-Brilliance-Jinbei Automotive Co.,
China-based automobilemanufacturer 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. billion yuan (US$679 million). Click to enlarge.
Volkswagen Group China is well on the way to reaching the target of doubling sales to two million vehicles laid down in our Strategy 2018 earlier than planned. —Dr. The monetary and fiscal measures taken by the government have provided positive impetus for the Chinese automobileindustry. percent) in the first half of 2009.
Global Automakers and The Alliance of AutomobileManufacturers—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.
On the eve of the 2016 Beijing International Automobile Exhibition, Toyota announced that it will launch plug-in hybrid versions of the Corolla and Levin—two mass-market models, both of which have conventional hybrid variants—in China during 2018. Click to enlarge. and Sinogy Toyota Automotive Energy System Co.,
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.).
In 2018, Mazda joined the Hiroshima “Your Green Fuel” Project, a demonstration project for next-generation biofuels jointly run by the Hiroshima Council for the Promotion of Collaboration between Government, Academia and the AutomobileIndustry and Euglena Co.,
Leading motor manufacturer Nidec Corporation will form a joint venture with GAC Components Co., a member of China-based Guangzhou Automobile Group Co., to manufacture automotive traction motors. Nidec’s fully integrated automotive traction motor system E-Axle (announced in April 2018). billion to US$9.3
BMW will join the FIA Formula E Championship as an official manufacturer in Season 5 (2018/19). Through our involvement in Formula E, we are addressing the development towards sustainable and emission-free mobility in the automobileindustry and are also making a contribution to the brand’s progression to BMW iNEXT.
By the end of 2018, more than ten new electrified models will be launched on the market. KUKA AG is one of the biggest providers of intelligent automation solutions and is the world’s leading manufacturer of production plants in the automobileindustry. —Till Reuter, CEO of KUKA AG.
A Global Technical Regulation (GTR) on WLTP was developed and finally adopted by UNECE’s World Forum for Harmonization of Vehicle Regulations in March 2014, at the request of policy makers, the automobileindustry and consumers. One year later, in September 2018, WLTP will apply to all new cars registered.
German auto manufacturers will optimize the emissions systems in 5.3 million currently approved Euro 5 and 6 diesels in the country, according to the outcome of the “National Diesel Forum” held in Berlin today between the automotive industry and the German Federal and state governments.
This performance, Winterkorn said, “ is no reason for euphoria ” but shows that the Volkswagen group—which comprises nine automotive brands—is staying on course, and shows that its strategy to 2018 is on the right track. Tags: Electric (Battery) Vehicle Manufacturers. We have nine strong brands that work well together.
Additionally, the amount of time spent by the automobileindustry to validate that corrosion has been successfully mitigated is extensive, making the use of lightweight materials less attractive. Teams are encouraged to include a manufacturer of off-road vehicles with engines sized >75 hp.
Beginning in 2016, NHTSA and EPA will coordinate a mid-term review that must be finalized by April 2018. For example, the report finds that auto manufacturers are likely to reduce the weight of vehicles more than NHTSA and EPA’s analysis indicates, leading to both greater fuel economy benefits and greater costs than the agencies estimate.
We don’t have to stress the point that, the automobileindustry is going all-electric. Earlier, electric vehicles were used extensively in manufacturing plants for material handling and stocking purposes. Then they entered into the highly competitive and demanding supercars and passenger car segments. Daimler Trucks.
Even though the figure looks still small when you compare Tesla with giants like Volkswagon and Toyota, that produces more than ten million cars in just one year, but there is a significant difference between Tesla and other manufacturers. Only two years ago, in 2018, the company faced its worst year in terms of production.
Fuel cells, like stem cells in medical science, are a new technology in the automobileindustry. According to the International Energy Agency, global demand for hydrogen as a fuel has quadrupled since 1975, reaching 70 million tonnes per year in 2018. Hydrogen has a long history of working with industry.
Despite elevated fuel prices, aggressive marketing, and most companies vowing to transition toward building electrified automobiles exclusively, America has an EV supply of more than 100 days on dealer lots. share of battery electric vehicles has grown from a negligible fraction of a percent to over 6 percent between 2018 and 2023.
On Would possibly 30, native media reported that Hengchi Automotive resumed manufacturing of its best style – the electrical SUV Hengchi 5 within the Tianjin manufacturing unit. Hengchi 5 manufacturing used to be suspended extreme hour on April 25. Six untouched thought automobiles from Hengchi.
On the other hand, SUVs, which had a 23 percent penetration in overall PV volumes in 2018, hit the 50 percent mark in 2023 — clearly showing the changing consumer preference towards this body style. With robust economic growth projections, the Indian automobileindustry is well placed to continue witnessing strong growth in CY24.
“It was considered the worst workforce in the automobileindustry in the United States. The site was later transformed into New United Motor Manufacturing, Inc. ( NUMMI) under a joint venture between Toyota and GM. And it was a reputation that was well-earned. Everything was a fight.
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