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Rheinmetall wins three-digit million-euro order to supply structural parts for premium automaker EV

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Rheinmetall has won a automobile industry order for structural parts worth a figure in the low three-digit million euro range. Rheinmetall AG’s Castings business unit consists of two large companies: KS HUAYU AluTech GmbH in Europe and HASCO KSPG Nonferrous Components (Shanghai) Co., HASCO), a subsidiary of China’s SAIC Group.

Parts 284
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Motor vehicle taxation brings in €440.4B for governments in major European markets

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New data shows that motor vehicles generate more than €440 billion in taxation per year for national governments in the major EU markets plus the UK, the European Automobile Manufacturers’ Association (ACEA) reports. This just goes to show the sheer scale of the importance of the automobile industry to Europe.

Motor 284
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CATL starts construction of Li-ion factory in Germany; 14 GWh by 2022

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CATL has developed partnerships with a number of European companies in the automobile industry including BMW, Volkswagen, Daimler, Volvo, and Bosch. Germany is home to a strong automotive industry and several of CATL’s key customers. —Matthias Zentgraf, Co-president Europe CATL. —Matthias Zentgraf.

Li-ion 186
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European EAGLE project to develop gasoline engine with 50% peak efficiency; Renault to manufacture prototype

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This new concept will help the European automobile industry to reach the next objective of 50g CO 2 /km emissions and to stay within legislation on particle and nitrogen oxide emissions on hybrid vehicles. —Jean-Marc Zaccardi, researcher at IFP Energies nouvelles and coordinator of the project.

Gasoline 170
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European consortium launches 4-year, $80M L3Pilot research project to test Level 3, 4 autonomous driving in 11 countries

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Thirteen European automobile manufacturers, suppliers, research institutes and universities, and small and mid-sized companies will operate 100 vehicles with 1,000 drivers under real conditions and in a wide range of applications. —Aria Etemad from Volkswagen Group Research, project coordinator L3Pilot.

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Toyota to launch two new plug-in hybrid models in China; Corolla and Levin

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Levin Hybrid (left) and Corolla Hybrid (right) introduced at the 16th Shanghai International Automobile Industry Exhibition in 2015. Later, the establishment of Toyota Motor Engineering & Manufacturing (China) Co., At present, it is available in models sold in Europe and Japan. Click to enlarge.

Plug-in 150
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GAC Group begins construction of $6.5B industrial park for electric and intelligent vehicles

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China-based automobile manufacturer 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. Click to enlarge.

Industry 247