Toyota EV for China: The Japanese carmaker, together with its JV Partner GAC, is planning to release an all-electric model in China under the Lingzhi brand this year, Nikkei reports. Furthermore, Toyota will start building hybrid cars in China this fall and aims at a 30 percent hybrid share there by 2020.
Chinese Sports EV: Pateo, a telematic and car connectivity provider from China, presented its Project N concept at the Auto Shanghai. The all-electric sports car sits two and is said to have a 650-kW motor, while going for 800 kilometres on one charge. Autonomous driving is a given, too.
auto-news.de (in German)
Croatia continues EV scheme: The Ministry of Environment of the Eastern European country has renewed its incentive programme for electric and hybrid vehicles. Up to 40 percent of the total vehicle price is available but capped at 9,200 euros for EVs and 6,600 euros for hybrids. In 2014, a total of 340 electric and hybrid vehicles were co-funded with 1.48 million euros from the Croatian government.
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Electromobility powered by Siemens – Siemens is presenting its drivetrain solutions for hybrid and electric cars on the “Vehicle Show Electromobility” in Bad Neustadt a.d.S on April 25th and 26th. Find Siemens at the fairground of the demo city for electromobility and take a glance on the latest innovations.
Smart recall: Daimler is asking 5,058 Smart fortwo models from 2014 and 2015 back to the garage in the States due to possibly faulty bolts used to attach the steering gear. Electric Smarts are affected too.
Kia Optima hybrid: Kia brought its new K5, a version of the Optima for the Chinese market, to the Auto Shanghai show. The sedan also comes as a hybrid variant and is built by the Korean’s JV in China, Dongfeng-Yueda-Kia. Sales in China is set for later this year.
Chevy clearance: Chevrolet is offering ever higher discounts on its current Volt in the U.S. and now raised the rebate by 1,500 dollars to 2,500 dollars. Leasing is becoming more affordable too as rates start at 249 dollars now with just 500 dollars due at signing.