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BYD sold 1.86M light-duty NEVs in 2022, up 209%

Green Car Congress

BYD reported that it sold 1,857,379 light-duty New Energy Vehicles in 2022, consisting of 911,140 battery-electric vehicles (49%) and 946,239 plug-in hybrid electric vehicles (51%). According to data from the China Automobile Association, BYD’s market share of new energy vehicles reached 24.7%

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MECA: industry could exceed relaxed US efficiency standards as it has to meet tighter standards elsewhere

Green Car Congress

year-over-year increase in fuel efficiency and reduction in GHG emissions standards, which will result in projected overall industry averages of 40.4 We believe the industry could exceed the relaxed US efficiency standards as it must meet tighter standards in Europe, China, Japan, Korea and India. The final rule requires a 1.5%

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TEAM Industries licenses NuVinci continuously variable transmission technology for light vehicle applications

Green Car Congress

and TEAM Industries, Inc. TEAM) announced that their development partnership has continued to progress and the two have entered into an exclusive licensing arrangement for the use of NuVinci CVP (continuously variable planetary) technology in North America and Europe for electric and gasoline light vehicle applications. Earlier post.).

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India’s auto industry will hit Rs 25 lakh crore target before time: Vinod Aggarwal | Autocar Professional

Baua Electric

Auto industry veteran Vinod Aggarwal isn’t just highly optimistic about India’s auto market — he has utmost faith that the sector will achieve its Rs 25 lakh crore target with ease, that too well before the proposed deadline of 2027-28. Similarly, in the heavy-duty trucks category, VECV secured a 9.1 percent the last financial year.

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Asahi Kasei collaborates on development of recycling technology for carbon fiber from autos

Green Car Congress

Carbon fiber reinforced plastics (CFRP) are highly attractive for various industries in demanding application fields due to their unique balance of rigidity, mechanical strength and light weight. This results in high-quality, inexpensive continuous carbon fiber that can be recycled perpetually, contributing to circular economy.

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GM: Q2 gross sales up 19% on industrial, SUV positive factors

Baua Electric

light-vehicle gross sales surged 19 % in the second one quarter as all 4 of its manufacturers posted double-digit positive factors. Day to moment, GM stated it has completed its best industrial gross sales since 2007. light-vehicle marketplace percentage: 16.3%, up an estimated 0.3 Basic Motors’ U.S. Do you know?

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Volkswagen Group’s new Future Tracks program targeting digitalization era in auto industry; “James 2025”

Green Car Congress

Dieter Kempf, President of BITKOM, the IT industry Association, Winterkorn declared that the increasingly intensive networking of cars with their surroundings and automatic driving would be the key topics for the intelligent mobility of the future. Information technology has been a key component of the automobile industry for some time.