Remove Automobile Industry Remove Industry Remove International Remove North America
article thumbnail

GAC Group begins construction of $6.5B industrial park for electric and intelligent vehicles

Green Car Congress

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. More than 45 billion yuan (US$6.5 More than 45 billion yuan (US$6.5

article thumbnail

Polestar 3 officially unveiled in China, price cut by about $29,080 from previous

CN EV Post

The 20th Shanghai International Automobile Industry Exhibition (Auto Shanghai 2023) will be held from April 18-27, with media days from April 18-19 and professional visitor days from April 20-21, while the general public can visit from April 22-27. The plant is expected to make its first deliveries in mid-2024.

China 135
article thumbnail

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. According to the International Renewable Energy Agency (IRENA), the sales of electric vehicles in Southeast Asia will increase to 10 million by 2025.

Asia 97
article thumbnail

GM and Stellantis Back Rare-Earth-Free Permanent Magnet

Cars That Think

For several years, the automobile industry has grappled with a straightforward question: Is it possible to produce a powerful, efficient, and mass-producible synchronous motor that contains no rare-earth elements at all? In our field, the major gathering is called the International Workshop on Rare-Earth and Future Permanent Magnets.

GM 107
article thumbnail

The EV Transition Explained: Reshaping Labor Markets

Cars That Think

One of the most vexing social challenges confronting the transition to EVs at scale is dealing with the effects that governmental EV transition policies will have on millions of jobs across a wide swath of industries. President Biden says his EV policies will result in “one million new jobs in the American automobile industry.

Market 100
article thumbnail

How Carmakers Are Responding to the Plug-In Hybrid Opportunity

Tony Karrer Delicious EVdriven

By partnering with these two industries. This is different from anything Ive ever seen in my 40 years in the automobile industry." ( Detroit Free Press ). Bob Lutz, Vice Chairman, Product Development, and Chairman, GM North America in GMs interviewed by Carlist.com ). This is unusual. 11/11/06 General Motors Corp.

Plug-in 45