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Volkswagen and Suzuki to Establish Strategic Partnership; VW to Take 19.9% Stake in Suzuki, Suzuki to Invest in VW

Green Car Congress

Volkswagen AG and Suzuki Motor Corporation have signed a framework agreement to establish a close long-term strategic partnership. of Suzuki’s issued shares, in a deal worth about ¥200 billion (about US$2.3 Suzuki intends to invest up to one half of the amount received from Volkswagen into shares of Volkswagen.

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GM-Honda to start hydrogen fuel cell commercial production in MI

Teslarati

General Motors (GM) and Honda announced that their 50-50 joint venture on a hydrogen fuel cell facility in Michigan is ready to start commercial production. New Toyota CEO considers hydrogen a priority despite EV focus General Motors and Honda’s partnership on fuel cell system development goes all the way back to 2013.

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Hyundai India to be main export hub, pending IPO approval

Teslarati

Over the past 20 years, Hyundai has triumphed over challenges and rivals in India, eventually even pushing competition like General Motors, Ford, and Fiat out of the country. As it currently stands, Hyundai is the main rival to India’s top domestic automaker , Maruti Suzuki.

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GM folds BrightDrop into Chevrolet

Baua Electric

General Motors is folding BrightDrop , initially envisioned as a standalone business focused on electric vans for commercial fleets, into its Chevrolet division. GM said the move will open up sales for BrightDrop vans to Chevy’s larger dealer network.

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Hyundai officially files for ~$3 billion IPO in India

Teslarati

Hyundai is already the second-best-selling automaker in India after Maruti Suzuki. Last year, it purchased a factory in Talegaon from General Motors, which can produce 130,000 vehicles annually. Hyundai has an annual production capacity in India of 1 million units. Hyundai plans to invest more in India.

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CharIN response to Tesla opening its North America Charging Standard

Green Car Congress

In the US, CCS is used in more than 50 passenger vehicle models.

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BorgWarner launches new low-friction engine timing chain; 0.3-0.6% improvement in fuel economy

Green Car Congress

BorgWarner’s next-generation 6.35 mm inverted tooth silent engine timing chains are launching on engines from Mitsubishi, Suzuki, Hyundai, General Motors Korea and one Chinese automaker. The new timing chain is designed to reduce friction, resulting in as much as 0.3 improvement in fuel economy based on customer testing.