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Balqon to build electric buses in China with SAIG

Green Car Congress

California-based Balqon Corporation, a developer of heavy-duty electric vehicles, drive systems and lithium battery storage devices ( earlier post ), has entered into a Joint Development Agreement with China-based Sichuan Automobile Industry Co., Sichuan Automobile Industry Co.

China 300
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Deloitte global survey gauges consumer prospects for EVs in China, Europe and Americas; China leads

Green Car Congress

Deloitte Touche Tohmatsu Limited’s (DTTL) Global Manufacturing Industry group conducted a global survey to explore consumer adoption of electric vehicles (EVs). The online survey captures the views of more than 12,000 consumers across the Americas, Asia and Europe in 17 countries. of GDP, and the reduction of carbon emissions by 17%.

China 247
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Nidec to Acquire Emerson Electric Co. Motors & Controls Business

Green Car Congress

Japan’s Nidec Corporation, the world’s leading manufacturer of motors for hard-disk drives, has entered into an asset and stock purchase agreement with Emerson Electric Co. EMC) to acquire EMC’s Motors & Controls business in an all cash deal. Terms of the arrangement were not disclosed. Earlier post.) billion) by the fiscal year 2015.

Motors 186
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SGL Group and BMW Group Establish Carbon Fiber-Joint Venture; BMW Will Use Output in the Megacity Vehicle

Green Car Congress

SGL Group and BMW Group have formed a 51:49 joint venture to manufacture carbon fibers and fabrics for the automotive industry. The joint venture will be operated through two companies, one based in North America (SGL Automotive Carbon Fibers LLC), and the other in Germany (SGL Automotive Fibers GmbH & Co KG).

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Subaru of America Reports Strong December Sales and Year-End Performance

The Truth About Cars

Photo credit: Teddy Leung / Shutterstock.com Subaru of America, Inc. This marks an 11 percent rise compared to December 2021, indicating a positive trend despite ongoing industry challenges. This initiative involves donating $250 for every new vehicle purchased or leased to various national and local charities.

America 52
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UAW President: Tesla workers are union “members of the future”

Teslarati

America loses. I still believe the automobile industry is a major force for good in our country. I still believe the automobile industry is a major force for good in our country. We will continue to be there when America needs us most,” he added. And if we lose it, we will lose to the competition.

Future 111
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Southeast Asia market will become a competitive place for Chinese and Japanese car companies

Setec Powerr

Europe, the birthplace of the automobile industry, to North America across the Pacific Ocean, has always been the top stage that Chinese car companies hope to step on. And there is also a 150,000 baht (equal to more than 27,000 yuan) subsidy for each pure electric vehicle purchase. What is the mystery behind it?.

Asia 97