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Companies in the coalition include: Toyota Motor Corporation (TMC); Nissan Motor Company, Ltd.; JX Nippon Oil & Energy Corporation; Idemitsu Kosan Company, Ltd.; Iwatani Corporation; Osaka Gas Company, Ltd.; Taiyo Nippon Sanso Corporation; Tokyo Gas Company, Ltd.; Honda Motor Company, Ltd.; Cosmo Oil Company, Ltd.;
Mitsubishi Motors Corporation (MMC) and the government of Thailand agreed to start joint study for fleet testing of electric vehicles (EV). MMC, through its local producer and distributor Mitsubishi Motors Thailand (MMTh), will begin initiatives for future market introduction of the i-MiEV.
The Guangzhou accord calls for the municipal government to encourage local car manufacturers, such as Guangzhou AutomobileIndustry Group, to produce electric cars with switchable batteries. — Better Place Founder and CEO Shai Agassi. —Shai Agassi.
Toshiba Corporation expanded its SCiB product offering with the launch of a 20Ah-HP rechargeable lithium-ion battery cell that delivers high energy and high power at the same time. Toshiba expects to see the new cell deployed in automobiles, industrial equipment, and storage battery systems.
The Ford Motor Company has selected Toshiba Corporation to supply automotive inverters for hybrid electric vehicles (HEV) and plug-in hybrid electric vehicles (PHEV). Toshiba estimates that the global market for inverters for such vehicles will grow from ¥180 billion (US$2.25 billion) in fiscal year 2010 to ¥1.5
Heizmann and Chen Zhixin, President of SAIC Motor Corporation, also signed a joint agreement to this effect. The Volkswagen Group is one of the most successful companies in the Chinese automobileindustry. The facility will be built to the south east of the Urumqi plant commissioned in August 2013.
Toshiba Electronic Devices & Storage Corporation has developed a model-based development (MBD) simulation technology that shortens verification times for automotive semiconductors by about 90%. In the automobileindustry, MBD contributes to development advances by simultaneously progressing design and verification prior to making prototypes.
In a new study, KPMG International has identified 10 “megaforces” that will significantly affect corporate growth globally over the next two decades. The challenge for businesses is to serve this new middle class market at a time when resources are likely to be scarcer and more price volatile. Source: KPMG. Click to enlarge.
Sony Group Corporation and Honda Motor signed a memorandum of understanding that outlines their intent to establish a joint venture through which they plan to engage in the joint development and sales of high value-added battery electric vehicles (EVs) and commercialize them in conjunction with providing mobility services.
Leading motor manufacturer Nidec Corporation will form a joint venture with GAC Components Co., a member of China-based Guangzhou Automobile Group Co., As the trend of car electrification intensifies, the automotive motor market, strategically important for Nidec, is forecast to double its size to six trillion yen (US$55.9
The process for developing new standards must begin now so that the automobileindustry will have ample time to develop and implement the technologies needed to further reduce greenhouse gas emissions and improve fuel economy. Earlier post.).
To promote their partnership, Isuzu, Hino, and Toyota are establishing Commercial Japan Partnership Technologies Corporation, a company for planning CASE technologies and services for commercial vehicles based on discussions among its three parent companies. billion yen (resulting in Toyota having 4.6% Background.
miles per gallon – and the industry is working diligently to comply. The 2012 Corporate Average Fuel Economy (CAFE) mandate seems to have set the agenda for the next decade of car manufacturing, and the huge spike in propulsion patents reflect this prevailing trend. Engines Fuel Efficiency Market Background Vehicle Manufacturers'
Recently, Total Energy joined hands with the new energy power generation giant China Three Gorges Corporation to establish a company specializing in electric travel: Three Gorges Total Energy Charging Service Co.Ltd. In the process of global electrification, the performance of the Chinese market can be described as outstanding.
The automobileindustry deploys low-cost MPE sensors today to measure tailpipe emissions. Methane Mitigator: Development of a Scalable Vent Mitigation Strategy to Simultaneously Reduce Methane Emissions and Fuel Consumption from the Compression Industry. Modular Processing of Flare Gas for Carbon Nanoproducts.
With a market share of roughly 44%, Mercedes-Benz is the market leader in India’s luxury automobileindustry with sales of about 38,000 units in 2022. The German automotive corporation is also one of the giant luxury car producers worldwide. These EVs have a huge market demand.
The world is filled with Malaise era automobiles, neon colors, and a hot new TV show called Miami Vice just debuted on NBC. The Australian automotive market is in turmoil, suffering from inefficiency, oversupply, import restrictions, and tariffs of around 60 percent. Whats a government to do? Force every manufacturers hand, thats what!
Underneath the e-fuels banner, Audi also includes renewable electricity for recharging its e-tron vehicles (“e-power”) and, should the market so require it, “green” hydrogen (e-hydrogen, derived in the e-gas process). From Audi’s latest Corporate Responsibility Report. Click to enlarge.
He held firm that he won’t delay next year’s emission targets, regardless of relentless pressures from the automobileindustry. “We Doing so would also create a second-hand market in EVs in that most company fleets are purchased by lease, so cars are replaced a few years later. “I But again, no details here. “He
The Corporate Average Fuel Economy (CAFE) standards require that vehicles offered for sale in the US attain an average fuel economy of 40.3 Further, at the time of the mid-term review, there will be several vehicles with electrified powertrains in the market. to 41 mpg by 2021 and 48.7 mpg by 2025. Non-Powertrain Technologies.
in Japan, later vice-president of Lexus China and later senior vice-president of gross sales and advertising and marketing for Toyota Motor Asia Pacific. I like to learn different things about the industry, so that encouraged me to move from job to job,” he stated.
It is expected that by 2030, the nation’s automobile sector, which is currently the fifth-largest market, hopes to be the third-largest in the globe. Relying on the traditional fuel-intensive forms of transportation seems less promising and won’t be sustainable while serving the enormous domestic market.
Several after-market companies have done PHEV conversions of the Ford Escape hybrid and one has done a retrofit of the F-150 pickup -- see Where PHEVs Are and ICE-Conversions.) Raising money to bring a PHEV to market. But we have nothing to announce in terms of any kind of market place." Batteries not ready.
As a subscriber, you can receive our free weekly China Auto News, which keeps you informed the latest developments of Chinas automobileindustry. Alternative-fuel cars were some of the hottest items on display at the Shanghai auto show from homegrown companies like Geely Automobile Holdings Ltd., Brilliance Jinbei Automobile Co.
A recent report from the Environmental Defense Fund indicates that electric vehicle sales volumes are growing at a rapid pace, signalling an epochal shift in the auto industry over the next decade. There is no longer any dispute that the automobileindustry is transitioning to electric vehicles. Driving Forces Behind.
It’s one of the great stories of corporate intrigue: General Motors in the US and Sumitomo in Japan independently conceived the technology, and then worked in secret, racing to commercialize the technology, and without even being aware of the other’s efforts. Up for grabs was a market potentially worth billions of dollars.
Tata is the market leader in EVs as of now; Maruti has lined up its first battery EV for launch later this fiscal. In a 10-year technology roadmap outlined earlier today, Chief Technology Officer Katushiro Kato has said that EVs become the better choice only when adoption of non-fossil fuel electric energy reaches 75%.
& From Reuters :& Republican state officials have said the rules amount to an attempt by the administration to transform the American passenger vehicle market improperly through strict rules that make it difficult for manufacturers to not go electric. Republican states have also repeatedly challenged the U.S.
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