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China publishes plan to boost fuel-efficient and new energy vehicles and domestic auto industry; targeting 500K PHEVs and EVs in 2015, rising to 2M by 2020

Green Car Congress

2012 Chinese Auto Industry Development Report. The fifth annual report on China’s auto industry—2012 Chinese Auto Industry Development Report—says that the next 20-30 years will be a “critical period” that will see the formation of a global new-energy vehicle industry.

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ABB and HASCO create joint venture to drive smart manufacturing in China’s auto industry

Green Car Congress

Partnership builds on existing relationship to deliver increased automation and sustainability for auto parts production New joint venture agreement signed by both parties on December 30th 2021 and expected to commence operation in Q2, 2022. 04/01/2022 Images are for editorial use only.

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Mitsubishi Rayon acquires majority of carbon fiber reinforced plastics company Wethje; targeting auto industry

Green Car Congress

Moreover, MRC has confirmed that it will build a solid partnership with CROSS by jointly owning Wethje on a long-term basis. MRC observed that the European Automotive industry is moving towards a full-scale adoption of CFRP parts.

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AlixPartners study finds post-crisis auto industry facing new set of challenges; sales projected below historical levels for foreseeable future

Green Car Congress

Specifically, the firm estimates US auto sales will reach just 12.7 AlixPartners also estimates that on-going unemployment and underemployment could cost the auto industry up to 1.5 million units in 2011 and only 13.6 million in 2012. million units in lost vehicle sales this year.

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The $10,000 BYD Seagull EV is scaring the U.S. auto industry

Teslarati

auto market anytime soon , some U.S. Credit: BYD At the same time, many automakers including Tesla are racing to build their next-generation, mass-market EVs, set to first be produced in Texas as soon as 2025 , then later at an upcoming factory in Mexico , and eventually at a yet-unannounced third location.

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Panasonic seeks to expand business in the auto industry 

Teslarati

Panasonic seeks to expand its business in the automotive industry, starting with building relationships at CES 2024. Panasonic seeks to build deeper relationships and make new ones with tech giants and automakers at CES 2024 to reach its goal. It plans to delve into products that could prove lucrative.

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How Much Is The German Auto Industry Under Threat?

CleanTechnica EVs

Several years ago, the German government expressed its concerns about exporting German car-building jobs to China and the attendant political and economic upheaval that would entail.