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Sustainable Value Margin—the ratio of Sustainable Value to sales—for each of the evaluated manufacturers. A survey of the sustainability performance of 17 of the world’s leading automakers has found a mixed pattern when it comes to the sustainability performance of most of the car manufacturers. Click to enlarge.
Honda last week announced key targets for sales of electrified vehicles in North America, with a plan to make battery-electric and fuel cell electric vehicles (BEVs and FCEVs) to represent 100% of its vehicle sales by 2040, progressing from sales of 40% by 2030 and 80% by 2035. Honda SUV e:prototype shown at Shanghai 2021.
He also said that auto manufacturers should strengthen their safety and quality control standards. Sales of domestically-manufactured autos rose 36 percent year on year to reach 13.14 In fact, annual sales and production could exceed 17 million, CAAM said.
The 12 th Five-year Plan for China’s auto industry reportedly will make developing new-energy vehicles the top priority. China is targeting annual new-energy automobilesales of 1 million units by 2015, according to the China Association for AutomobileManufacturers. People’s Daily.
China-based automobilemanufacturer 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 Click to enlarge.
China’s central government plans to implement a new policy in the first half of this year to encourage auto industry consolidation and further the development of Chinese-brand passenger vehicles, an official from the Ministry of Industry and Information Technology said at a recent news conference. Sales of domestic sedans hit 2.22
Volkswagen and Amazon Web Services (AWS) will develop the Volkswagen Industrial Cloud together. In the future, the Volkswagen Industrial Cloud will combine the data of all machines, plants and systems from all 122 facilities of the Volkswagen Group. Open Industry platform. —Andy Jassy, CEO of AWS.
Automobilesales in China in March jumped up 55.8% year-on-year to a record 1,735,100 units, according to figures from the Automobile Association, the Ministry of Information Industry cited by the China Association of AutomobileManufacturers (CAAM). Passenger car sales were up 63.2% million units.
The US National Highway Traffic Safety Administration (NHTSA) has set the model year 2011 CAFE standards, which it estimates will raise the industry-wide combined light-duty vehicle fuel economy average to 27.3 Estimated Industry-wide MY 2011 CAFE. . million metric tons during that period. Earlier post.). gCO 2 /mile. Passenger cars.
Carmakers will also have to ensure that zero- and low- emission vehicles—ZLEVs (electric cars or vehicles which emit less than 50g CO2/km)—have a 35% market share of sales of new cars and vans by 2030, and 20% by 2025. It would essentially force the industry into a dramatic transformation in record time.
The outbreak of COVID-19 has already impacted the automotive industry significantly, according to JATO Dynamics, a leading provider of global automotive data and insight. Global vehicle sales totalled 5.55 We have to remember that the industry was already operating in a challenging environment, especially towards the end of last year.
China-based and -focused CCID Consulting estimates that the China passenger vehicle market will need at least 1.802 million tons of aluminum sheets annually, assuming that aluminum replaces 15% of the steel used in automobilemanufacturing by 2015. The sales volume is expected to reach 25.287 million by 2015. CCID Consulting Co.,
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 AutomobileManufacturers’ Association (ACEA) reports. This just goes to show the sheer scale of the importance of the automobileindustry to Europe.
Bolstered by government stimulus plans, sales of autos in China likely reached a record high of 1.15 million units, according to estimates from the China Association of AutomobileManufacturers (CAAM). Official figures for vehicle production and sales are scheduled for release next Monday. People’s Daily.
Terms of the sale were not disclosed. The company designs, engineers, manufactures and sells electric power steering, hydraulic power steering, steering columns and driveline halfshafts for more than 60 automobilemanufacturers and tier one suppliers. Headquartered in Saginaw, Mich., Headquartered in Saginaw, Mich.,
Chinese domestic auto makers were expected to produce and sell more than 8 million units of vehicles in first eight months this year respectively, said Chen Bin, director of the Department of Industry under the NDRC. Sales of China’s domestically-made automobiles totaled 1.09 million units in July, up 63.57
For the EU industry, this is an opportunity to embrace innovation towards zero-emission mobility and further strengthen its global leadership in clean vehicles. The introduction of a benchmark system for truck manufacturers totally ignores the demand side. —Commissioner for Climate Action and Energy Miguel Arias Cañete.
European new car sales jumped 15.2% in July, the 12th consecutive month of growth as the auto industry recovers from pandemic-related supply chain issues, according to data from the European AutomobileManufacturers Association (ACEA).
Setting targets will send a strong signal to consumers that the number of public charging points will keep pace with the surging sales of electric vehicles which Europe is witnessing, the letter said.
According to the Japan AutomobileManufacturers Association (JAMA), as of 2008, Japan had about 600,000 “next-generation” vehicles—including hybrids and electric vehicles—in service, representing 0.8% Industry, government and academic sectors are working together for the development of next-generation batteries in Japan.
The company plans to market the material for external automotive body parts and garnish, and expects to achieve annual sales of ¥10 billion (US$125 million) by fiscal 2020. The lightweight material will also enable automobilemanufacturers to reduce the weight of components by about 20% compared with metal.
The European AutomobileManufacturers’ Association (ACEA) is warning that under current conditions, it is unlikely that the full potential of e-mobility will be met. This is partly due to the current economic situation, with declining sales of vehicles. —Ivan Hodac, ACEA Secretary General.
A new study by a team from Aarhus University in Denmark has found that car dealerships pose a significant barrier to electric vehicle adoption at the point of sale due to a perceived lack of business case viability in relation to gasoline and diesel vehicles. Their study is published in the journal Nature.
NIO maintains its previously mentioned goal of doubling sales, despite greater challenges to meet the goal, said William Li. NIO (NYSE: NIO) is confident it will see sales double this year, despite a rare price war that disrupted the Chinese auto industry in the first quarter. Photo taken by CnEVPost.)
Panasonic aims to be the number one Green Innovation Company in the Electronics Industry by 2018, the 100 th anniversary of our founding. In addition to producing its own vehicles, Tesla also builds electric powertrains, including battery packs, for other automobilemanufacturers. ” ( Earlier post.).
China's new energy vehicle (NEV) sales in March were 653,000 units, up 34.8 percent from February, according to data released today by the China Association of AutomobileManufacturers (CAAM). China saw BEV sales of 490,000 units in March, up 23.8 PHEV sales were 163,000 units, up 84.3 percent year-on-year.
Annual revenue from worldwide sales of electric vehicle telematics will total $1.4 The report includes plug-in electric vehicle sales, sales of basic and connected vehicle telematics, and global revenue forecasts through 2017, segmented by world region. billion by 2017, Pike forecasts.
The US auto industry, via the Alliance of AutomobileManufacturers, is lining up to support a new national, harmonized program to reduce carbon emissions and fuel consumption that President Obama will announce on Tuesday, 19 May. —Dave McCurdy, president and CEO, Alliance of AutomobileManufacturers.
Hybrids and EVs May Capture 10% Of Japan New Car Sales in Fiscal 2009 A tally by the Nikkei finds that sales of hybrids and electric vehicles in Japan may exceed 220,000 units and could account for more than 10% of domestic new-car sales in the current fiscal year (excluding mini-vehicles), up from 4.4% Earlier post.)
In a letter to the Secretary General of the European New Car Assessment Program (Euro NCAP), the European Association of AutomobileManufacturers (ACEA), requested a 2?year We strongly urge NCAP to create certainty for the industry as soon as possible and to agree to a time adjustment at its earliest convenience.
In accordance with Borgward’s announcement that it will begin sales in Europe with electric SUVs, the first model to be produced in Bremen will be a Borgward BX7 with an all-electric drive system. The company also plans to manufacture electric and plug-in-hybrid versions of the BX5 series and other models. Earlier post.)
The study was commissioned by EUROBAT, representing Europe’s automotive battery industry; the European AutomobileManufacturers Association (ACEA); the automobilemanufacturers’ associations of Japan (JAMA) and South Korea (KAMA); and the International Lead Association (ILA).
Price war has been the most talked about topic in China's auto industry this month, and the imminent implementation of a new emissions standard is seen as a major factor. The post China to allow extended sales periods for ICE models based on existing emissions standard, report says appeared first on CnEVPost.
The Palo Alto facility will assemble electric vehicle battery packs, electric motors, and related electric vehicle control equipment, both for Tesla’s own electric vehicles and for sale to other automobilemanufacturers. The agreement was negotiated and signed by the Department’s Loan Programs Office.
(Image credit: CnEVPost) The price war is one of the most talked-about topics in China's auto industry this month, creating operational challenges for many car companies. Now, an industry association is calling for a return to rationality for all parties to bring order to the market. For more articles, please visit CnEVPost.
The European automobilemanufacturers, though ACEA, the automobilemanufacturers’ trade association, have defined a comprehensive set of recommendations to standardize the charging of electrically-chargeable vehicles. cost reductions for the industry. This provides the.
Demand is expected to rise for e-Axles that are not only lightweight, compact and efficient, but also more efficient to manufacture, with lower cost through a reduced number of parts. It will also supply motors and inverters for electric axles assembled by automobile and gearbox manufacturers.
At present, 17 of the 27 EU Member States levy CO 2 -related taxes on passenger cars, and 15 governments provide tax incentives for electrically chargeable vehicles, according to the newly published European AutomobileManufacturers’ Association (ACEA) Tax Guide 2010. Overview of EU CO 2 -based taxes.
It also considered barriers that automobilemanufacturers and dealerships face in promoting the adoption of PEVs. However, sales of PEVs must increase to justify further investment by automobilemanufacturers to diversify the products offered. Charging infrastructure.
At the Frankfurt Motor Show, the European AutomobileManufacturers’ 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. of total new car sales. This is a steep reduction. —ACEA President, Dieter Zetsche.
It is focused on the production and sale of light-duty trucks and vans. which is located in Ha’erbin, Heilongjiang, and FAW’s share in Hongta Yunnan AutomobileManufacturing Co., The new 50-50 joint venture between GM China and FAW is based in Changchun, Jilin. It also will engage in R&D, exports and aftersales support.
The Alliance of AutomobileManufacturers (Auto Alliance) is strongly supporting the passage of Maryland’s SB 1234 , a bill that would require the State of Maryland to purchase zero emission vehicles (ZEVs) for state fleets. The bill would take effect 1 July 2018. Maryland is one of nine states that has adopted California’s ZEV Mandate.
The industry is seeking the extension to avoid having to stockpile newly-produced vehicles that have not sold due to COVID-19-related market conditions or to stopping production. … the shutdown of production and sales imposed by Member States to fight COVID?19 As sales had to be stopped to fight Covid?19,
Stellantis appears to be strengthening its ties in China’s automotive industry. is a state-owned automobilemanufacturer headquartered in Wuhan, Hubei. In October, the legacy automaker invested in China-based Leapmotor to expand its global electric vehicle (EV) sales. Dongfeng Motors Corporation Ltd.
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