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In-wheel electric drive startup Protean Electric ( earlier post ) has formed relationships with several leading companies in the globalautoindustry to accelerate its in-wheel electric drive systems to market in high-volume production. MAHLE Powertrain, an engineering service provider to the global automotive industry.
The ICCT study finds that the United States’ share of cumulative global EV production decreased from 20% to 18% since 2010 and only 15% of the approximately $345 billion in global automaker EV investments are flowing to the US. Similarly, European manufacturing accounted for 25% of global EVs through 2020, up from 23% in 2017.
2012 Chinese AutoIndustry Development Report. The fifth annual report on China’s autoindustry—2012 Chinese AutoIndustry 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.
It is the first deliverable of the New European Industrial Policy outlined in an earlier communication. This Action Plan is based on four pillars: investing in advanced technologies and financing innovation; improving market conditions; enhancing global competitiveness; and investing in human capital and skills and softening the.
Fuel efficiency, safety innovation, and vehicle styling will be the three most important product issues influencing automotive consumer purchase decisions over the next five years, indicating a perceived shift in buying priorities, according to the 12 th annual global automotive survey conducted by KPMG LLP. Investments.
Former General Motors (GM) executive Terry Woychowski, who is now President of engineering consultancy Caresoft Global, called the arrival of the Seagull a “clarion call for the rest of the autoindustry,” adding that it’s a “significant event” (via CNBC ). auto sector,” the organization writes.
Hyundai Group joined its partner Rimac Automobili in an event hosted by Rimac CEO Mate Rimac and attended by Croatian Prime Minister, ministers, and senior government officials to discuss the potential of the new autoindustry in Croatia. Global automotive producers have shifted production towards CEE countries from Western Europe.
In polling 200 C-level executives in the global automotive industry for the 2012 automotive survey, KPMG found that executives in the US and Western Europe expect even less consumer adoption, projecting e-vehicles will only account for 6-10% of global annual auto sales. —Gary Silberg.
General Motors and Pacific Century Motors (PCM), an entity formed by The Tempo Group and E-Town, an affiliate of the Beijing Municipal Government, have reached an agreement for GM to sell GM Global Steering Holdings, LLC, commonly known as Nexteer, to PCM. Terms of the sale were not disclosed. Headquartered in Saginaw, Mich.,
Based on the results of the study, CAR believes the economic risk to the autoindustry connected to mandating permanent fuel economy standards in the long run is “ very serious ” The group recommends periodic review to assess the rate of technology development and cost reduction of advanced technologies leading up to 2025.
The industry has been badly hit by the global economic crisis, and has seen a significant drop in demand during the last quarter of 2008 and the first of 2009. The UK is facing significant problems in this industry, with the Society of Motor Manufacturers reporting that the number of new car registrations fell by 30.9%
Volvo Buses and Chinese SAIC Motors have agreed to form a new joint venture company for driveline systems for new energy buses such as hybrids and electric buses. The government wants to develop a sustainable automotive industry and facilitate strategic leaps into the future for the Chinese autoindustry.
The Advanced Lead-Acid Battery Consortium (ALABC) and Controlled Power Technologies (CPT) will introduce a low-carbon 48 volt LC Super Hybrid technology demonstrator at the International Vienna Motor Symposium this week. liter VW Passat, will make its global debut at the 34 th annual powertrain conference. Earlier post.). Earlier post.)
Rising global vehicle sales and profitability have encouraged automakers to continue to increase vehicle production, providing the global economy with some positive offset to the dampening impact of the recent surge in energy prices, according to the latest GlobalAuto Report released on Friday by Canada-based Scotia Economics.
Stellantis appears to be strengthening its ties in China’s automotive industry. Stellantis recently repurchased €934 million in shares from Chinese auto company Dongfeng as per a pre-existing share repurchase framework. Dongfeng Motors Corporation Ltd. is a state-owned automobile manufacturer headquartered in Wuhan, Hubei.
We’ve turned a big corner when it comes to electrification of the autoindustry. continued] The post Automakers Continue To Lobby For Global Heating, Against EVs appeared first on CleanTechnica. That changed with the anticipation for and arrival of the Tesla Model 3, EU regulations requiring than.
Percentage of Global R&D Spending by Industry, 2013. Source: Booz & Company “Global Innovation”; Battelle R&D Magazine; Center for Automotive Research 2012. Additionally, the autoindustry provides 16% of total worldwide R&D funding for all industries. Click to enlarge. —Center for Automotive Research.
The acceleration in Europe supports Ford’s goal to sell more than 2 million EVs globally by 2026 and deliver company adjusted EBIT margin of 10%. Ford Otosan, a joint venture between Ford Motor Company and Koç Holding, is one of the longest running and most successful joint ventures in the globalautoindustry.
The major climate and energy bill introduced last week by House Select Committee on Energy Independence and Global Warming Chairman Henry Waxman and Subcommittee Chairman Edward Markey— H.R. The bill also calls for the harmonization of Federal and California motor vehicle greenhouse gas emission standards.
General Motors China is fabricating and testing prototype battery cells and complete systems at its Advanced Technical Center in Shanghai to support GM researchers and engineers in the development of next-generation vehicle battery systems. Click to enlarge. —John Du, Director of GM China’s China Science Lab. Earlier post.).
Tesla China removed its listing for the MIC Model 3 Long Range Dual Motor in the online configurator. Tesla may be using the electric motors and battery packs for the MIC Model 3 Long Range Dual Motor variant to produce the Model Y Dual Motor AWD trim. After all, the Model 3 and Model Y share similar parts.
Despite the lingering effects of economic recession, the world's autoindustry built more vehicles in 2011 than ever in history: 80 million, in fact. The data comes from the International Organization of Motor Vehicle Manufacturers, or OICA. That's a new record, and the number is 3 percent higher than the 2010 total.
Nissan’s latest approach to engine development has raised the bar to world-leading levels, accelerating past the current autoindustry average range of 40% thermal efficiency, making it possible to even further reduce vehicle CO 2 emissions. The Nissan e-POWER System. e-POWER was first introduced in Japan in 2016 with the Nissan Note.
For McMaster, the project partnership is one of three new partnerships with Chrysler, the federal government and other autoindustry leaders worth a combined $24 million. Motor control. Chrysler Group LLC has entered a 5-year, $18.2-million Chrysler Group will invest $9.25 Power electronics. Electric machines. Embedded software.
The raise comes at a time when capital is scarce, the autoindustry is struggling and the global economy is just beginning to rebound. Project NINA is expected to be built in Wilmington, Delaware at a former General Motors assembly plant starting in 2012.
At the Frankfurt Motor Show, the European Automobile Manufacturers’ Association (ACEA) outlined the industry’s proposal for a pathway to future CO 2 reductions: a 20% CO 2 reduction for passenger cars by 2030, compared to 2021. The European Commission will reveal its proposal on CO 2 targets for cars post-2021 later this year.
billion fundraising , Tesla Motors has paid off the entire loan awarded to the company by the US Department of Energy in 2010. This is another important contribution to what the Obama Administration has done to preserve and promote America’s autoindustry. Flush with its recent $1.02
Hyundai’s Elantra (Avante in other parts of the world) recently sold its 10 millionth unit globally. Elantra is Hyundai’s first model, and one of only 10 cars in the history of the autoindustry to reach 10 million sales.
The Volkswagen Group announced that it is choosing CO 2 as the future low global warming potential (GWP) refrigerant for its mobile air conditioning (MAC) systems. With a GWP (Global Warming Potential) value of 1, R744 is 99.3% Earlier post.). below the EU’s now-specified GWP limit of 150 for MAC systems.
Hyundai Motor Group (the Group) today announced its goal to become one of the world’s top 3 EV manufacturers by 2030 through the combined sales of Hyundai Motor, Kia and Genesis electric models, at the groundbreaking ceremony of Kia’s dedicated plant for purpose-built vehicle (PBV) production in Korea. million units by 2030.
Fields said that Ford’s investments in products, people, plants and technology, combined with industry growth, are not only delivering a year of growth in terms of revenue, pricing power, operating margins and profitability in 2014, but are setting the stage for growth in and beyond 2015. That’s a tremendous amount of growth. Earlier post.).
Motor racing is the ideal environment to fast-track the development of this promising technology and to prove its effectiveness. This is a milestone innovation that will have a dramatic effect not just on racing but on the mainstream autoindustry. —Lord Paul Drayson, co-founder of Drayson Racing.
Ford Motor Company is reorganizing its Asia Pacific operations. As part of those actions, which include hiring a new President and CEO (Anning Chen) for Ford China, Ford China is elevated to a stand-alone business unit reporting to Ford global headquarters. —Ford President and CEO Jim Hackett.
Tata Technologies, a global provider of engineering services and product development IT, was selected by Michelin to display its electric MObility (eMO) engineering study EV as part of the Michelin Challenge Design display at the 2012 North American International Auto Show (NAIAS) in Detroit. The eMO study. kWh air-cooled battery pack.
The range of products produced at the Szombathely II plant includes electric motor components. The goal is sustainable mobility, and we are determined to make real progress in that direction as a key technology partner for our customers by leveraging our global network of production facilities. Image: Schaeffler.
General Motors, which has a long history of crash test dummy design, is leading current research on the potential for globalautoindustry use of a test dummy that would help automakers and safety experts better understand how crash victims are hurt in rear impacts. The BioRID ATD. Click to enlarge.
General Motors (GM) and GlobalFoundries (GF) have entered a strategic, long-term agreement establishing a dedicated capacity corridor exclusively for GM’s chip supply. We see our semiconductor requirements more than doubling over the next several years as vehicles become technology platforms.
Dr. Martin Winterkorn, CEO of Volkswagen AG, on the eve of the Auto China motor show in Beijing. Globally, the Group is aiming to deliver more than 10 million vehicles worldwide for the first time; achieving that would mean the quantitative target of Strategy 2018 would have been reached four years earlier than planned.
Search engine giant Google is looking for partners within in the autoindustry to help launch one of the most significant applications of artificial technology over the next several years, the self-driving car. —Allen Taub, former GM VP, Global R&D. million people/year are killed in auto accidents globally.
million) Low Carbon Vehicle Technology Project (LCVTP) Based in the UK’s West Midlands were revealed at a launch event held at the Heritage Motor Centre in Warwickshire. Drive Motors. Tags: Batteries Electric (Battery) Europe Hybrids Infrastructure Motors Plug-ins Power Electronics. More details of the £29-million (US$44.7-million)
GlobalFoundries (GF), a global leader in feature-rich semiconductor manufacturing, and Ford Motor Company announced a strategic collaboration to advance semiconductor manufacturing and technology development within the United States, aiming to boost chip supplies for Ford and the US automotive industry.
Global technical specification on “envelope”—vehicle inlet—for global solution. Phase 2 foresees a uniform EU solution that enables the application of global charging standards, hence reducing the variety of solutions in the market. cost reductions for the industry. Source: ACEA. Click to enlarge.
USABC is a subsidiary of the United States Council for Automotive Research LLC (USCAR), the collaborative automotive technology organization of Chrysler Group LLC, Ford Motor Company and General Motors Company, whose mission is to further strengthen the technology base of the domestic autoindustry through cooperative research and development.
General Motors’ (GM) support for Tesla’s North American Charging Standard (NACS) might be trouble for Electrify America. The theory is gaining some legs now that General Motors has decided to support the NACS. General Motors and Ford hold a significant market share of the United States autoindustry.
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