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Teijin to establish Teijin Automotive Center Europe to expand capabilities for next-gen automotive components

Green Car Congress

Amid the ongoing shift toward Connected, Autonomous, Shared, and Electric (CASE) automobiles, the automotive industry is transforming its business models to realize more lightweight and multifunctional next-generation vehicles. Teijin is targeting automotive composite business sales of approximately €1.7 billion (US$2 billion) by 2030.

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Teijin joins AZL Partner Network for Lightweight Production Technology

Green Car Congress

Teijin has joined the AZL Partner Network for Lightweight Production Technology , a cross-industry network for joint business development and technology development organized by service and engineering provider AZL Aachen GmbH and involving nine institutes and some 80 companies in the field of lightweight production. of Czech Republic.

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Hyundai sees Europe as a ‘battleground’ for EVs and wants its share of the market

Baua Electric

With its Czech Republic plant and new low-cost EVs at the heart of its expansion, Hyundai aims to play a more prominent role in Europe. The company will gradually ramp up EV production in Europe “in line with industrial demand.” Source: Hyundai , ACEA FTC: We use income earning auto affiliate links.

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Fiat Chrysler Automobiles, IVECO and ENGIE collaborating to promote natural gas in Europe starting from Belgium

Green Car Congress

Fiat Chrysler Automobiles (FCA), IVECO (a brand of CNH Industrial) and ENGIE (Global Energy Player) are broadly collaborating to promote natural gas vehicles and infrastructure in Europe.

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EU new-car market suffers worst performance in over two years

Baua Electric

The latest data from the European Automobile Manufacturers Association ( ACEA ) shows that every powertrain endured a double-digit decline in the month. Portugal (down 9.4%), Austria (down 8.9%), Czech Republic (down 8.7%), Denmark (down 5.1%) and the Netherlands (down 0.4%) also endured decreases. fall in deliveries.

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Study finds that EV-specific factors rather than socio-demographic variables better predictors of EV uptake

Green Car Congress

This, they suggest, could be because national EV markets were so small relative to overall automobile sales. Until then, EV-specific factors such as amount of charging infrastructure, level of consumer financial incentives, and number of locations that sell the automobiles are likely to be more correct for estimating a country’s market share.

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More than 50 percent of MoUs signed in Vibrant Gujarat are green | Autocar Professional

Baua Electric

According to industry estimates, the state’s automotive sector is now valued at USD 3 billion, with Gujarat exporting automobiles and auto components with over eight lakh vehicles exported in the fiscal year 2020-21. This will lead to 1.7 times more production and 2.7 times more exports this year. We will invest in the future.

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