SHANGHAI — Chinese green tech company Envision Group plans to invest 2 billion euros ($2.4 billion) in a battery plant in France to supply Renault Group, underlining how Asian companies are aiming for a major slice of Europe’s electric vehicle supply chain. Envision and the French automaker — which is in a car making alliance… Continue reading Chinese EV battery maker Envision to build $2.4bn plant for Renault
Tag: Strategy
@Renault: RENAULT GROUP: Renault Group places France at the heart of its industrial strategy for EV batteries000241
Renault Group places France at the heart of its industrial strategy for EV batteries PRESS RELEASEJune 28th, 2021 Renault Group announces the signing of two major partnerships in the field of the design and production of Electric Vehicles batteries: Renault Group enters into a strategic partnership with Envision AESC as it sets up a gigafactory in… Continue reading @Renault: RENAULT GROUP: Renault Group places France at the heart of its industrial strategy for EV batteries000241
@Honda: New Honda Prologue SUV Begins Next Chapter in EV Direction in North America
New Honda Prologue EV to go on sale in North America in MY2024 as highly competitive SUV with functionality expected by Honda customers “Prologue” model name symbolizes 1st in a new series of volume Honda BEV models Honda targets 100% of auto sales in North America to be full electric by 2040 Honda initiates communication… Continue reading @Honda: New Honda Prologue SUV Begins Next Chapter in EV Direction in North America
New Honda Prologue SUV Begins Next Chapter in Brand’s EV Direction in North America
In addition to the Honda Prologue, the company will introduce an all-electric Acura SUV in the 2024 calendar year. Both will utilize the highly flexible global EV platform powered by Ultium batteries based on the company’s strategic partnership with General Motors. Honda also plans to launch a new series of EV models in the second half of… Continue reading New Honda Prologue SUV Begins Next Chapter in Brand’s EV Direction in North America
China’s automaker Great Wall aims to sell 4 million cars in 2025
By Reuters Staff 2 Min Read FILE PHOTO: Models pose next to Great Wall Motors (GWM) GWM R1 electric car at its pavilion at the India Auto Expo 2020 in Greater Noida, India, February 5, 2020. REUTERS/Anushree Fadnavis/File Photo BEIJING (Reuters) -Great Wall Motor Co Ltd is targeting an annual sales of 4 million vehicles… Continue reading China’s automaker Great Wall aims to sell 4 million cars in 2025
Chinese automaker Great Wall aims to sell 4 million cars in 2025
By Reuters Staff 1 Min Read BEIJING, June 28 (Reuters) – China’s top pickup truck maker Great Wall Motor is targeting sales of 4 million vehicles a year in 2025, Chairman Wei Jianjun said on Monday. Great Wall, which sold 1.1 million cars last year, aims for 80% of its annual sales in 2025 to… Continue reading Chinese automaker Great Wall aims to sell 4 million cars in 2025
Exclusive: Jaguar’s luxury reinvention to start from £100k
Jaguar Land Rover CEO Thierry Bolloré has shone new light on his plans to reinvent Jaguar as a luxury car brand. Bolloré’s ‘Reimagine’ strategy has already revealed plans to reposition Jaguar and take it all-electric with a whole new product range arriving from 2025. But in his first interview since taking charge of JLR last… Continue reading Exclusive: Jaguar’s luxury reinvention to start from £100k
German Manager Magazin: Volkswagen: Planned for combustion engines in Europe by 2035000900
The automaker Volkswagen wants to gradually get out of the business with combustion cars. “In Europe, we will exit the combustion vehicle business between 2033 and 2035, into the United States and China a little later, “said VW sales director Klaus Zellmer the” Münchner Merkur “(Saturday edition).” In South America and Africa, due to the… Continue reading German Manager Magazin: Volkswagen: Planned for combustion engines in Europe by 2035000900
Panasonic unloads entire Tesla stake
OSAKA — Panasonic sold its entire stake in key battery customer Tesla — a holding worth around 400 billion yen ($3.6 billion) — last fiscal year, Nikkei learned Friday. The move gives the Japanese company billions of dollars to fund new strategic investments, such as the $7.1 billion purchase of U.S. software company Blue Yonder.… Continue reading Panasonic unloads entire Tesla stake
RENAULT GROUP: Renault Group and STMicroelectronics enter strategic cooperation on power electronics
PRESS RELEASE25 June 2021 Renault Group and STMicroelectronics enter strategic cooperation on power electronics Renault Group selects STMicroelectronics as key innovation partner, securing the supply of electric and hybrid vehicle advanced power semiconductors to be produced from 2026. STMicroelectronics will develop custom-made products and solutions to further improve the efficiency of Renault Group’s electric and… Continue reading RENAULT GROUP: Renault Group and STMicroelectronics enter strategic cooperation on power electronics