ACEA and Five Top Automotive Groups Jointly Call for Transparency from Avanci in Patent Pool Licensing
2024/07/11
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New York's Largest Electric Bus Depot Launches, Advancing Zero-Emission Public Transit
New York State's largest electric bus depot has been commissioned in Buffalo, featuring 36 overhead charging systems for the Niagara Frontier Transportation Authority's fleet. The facility is expected to serve as a model for the state's public transit transition to clean energy, supporting goals to reduce greenhouse gas emissions and improve air quality in urban areas.
Indonesia's Car Sales See Month-on-Month Growth but Year-on-Year Decline in August 2024
In August 2024, Indonesia's car sales showed a month-on-month increase, with wholesale sales reaching 76,304 units, up 2.8%, and retail sales at 76,808 units, up 1.6%. However, year-on-year, the wholesale sales for January-August 2024 decreased by 17.1%, and retail sales dropped by 12.1%. Toyota, Daihatsu, Honda, Mitsubishi Motors, and Suzuki are the top five best-selling brands.
Nuro Advances Autonomous Driving Technology Commercialization with OEMs
Autonomous driving technology firm Nuro has announced a collaboration with automotive manufacturers and mobility service providers through licensing its Nuro Driver™ platform, aiming to accelerate the adoption of autonomous driving technology in the transportation sector. The Nuro Driver™ integrates advanced AI software with custom hardware to support Level 4 autonomous driving capabilities, focusing on enhancing reliability and safety, and propelling the industry towards an autonomous future.
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Hycan Electric Vehicles Set to Enter the Malaysian Market
Hycan, the new energy vehicle brand established by GAC Group and NIO, plans to introduce its all-electric vehicle models to the Malaysian market in the first quarter of 2025. Hycan has appointed a Malaysian company, Concept Fields, as the general agent for the brand in Malaysia and international markets, responsible for import, sales, and after-sales services. The first batch of models is expected to arrive in February or March 2025, including the Z03 SUV, A06/A06 Plus sedans, and V09 MPV. Initially, they will be imported as CBU units, with plans to switch to CKD local assembly around April. Hycan is currently in talks with various companies to explore assembly options and is working on the conversion from LHD to RHD for the incoming models.
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Stellantis Halts Fiat 500e Production in Response to Market Demand
Due to decreased market demand, Stellantis has decided to suspend the production of the Fiat 500e electric vehicle at its Turin Mirafiori plant in Italy starting from September 13th until October 11th. This decision reflects the challenges faced by the electric vehicle market and the company's adjustment of its production strategy. The Fiat 500e, as a classic model of the brand, has seen a decline in sales in the European market, prompting Stellantis to reevaluate its production plans.
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Hyundai and General Motors Sign MoU to Explore Joint Development and Manufacturing of Vehicles
Hyundai and General Motors have signed a non-binding memorandum of understanding to investigate the potential of jointly developing and manufacturing passenger and commercial vehicles, including internal combustion and electrified powertrains such as fully electric and hydrogen technologies. The collaboration aims to reduce costs and accelerate development timelines to bring vehicles to market more quickly.