Xiaomi appears in talks with BAIC to collaborate on producing electric vehicles and is exploring options to take a stake in a Hyundai plant, according to media reports. The technology company aims to make electric cars by 2024 but has hit regulatory hurdles.
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Beijing Benz Automotive (BBAC) has started production of the all-electric EQE in China. The EQE is now rolling off the production line at the BBAC plant in the Shunyi district of the Chinese capital Beijing. The batteries for the EQE are also produced by BBAC.
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Within the framework of the annually updated ‘Electromobility Report 2022’ of the Center of Automotive Management (CAM), Tesla scored best by a clear margin. Volkswagen and Hyundai follow in second and third place for BEV innovations.
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In China, around 3.3 million New Energy Vehicles, meaning battery-electric cars and plug-in hybrids, were sold last year. December was also a new record month with 505,000 NEV cars.
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Daimler announced that its Chinese partner BAIC has already held a voting share of 9.98 per cent in its own group since 2019. This is about twice as much as previously known. In return, the Stuttgart-based company holds 9.55 and 2.46 per cent in BAIC’s subsidiaries BAIC Motor and BAIC BluePark, respectively.
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In November, sales figures for New Energy Vehicles reached a new high for the year. Over the course of the month, 429,000 NEVs were sold, which significantly exceeds the previous record from October (368,000 vehicles).
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Daimler has completed a new battery production line as part of its Chinese joint venture Beijing Benz with BAIC. The battery packs produced there will in future be used in the Mercedes-Benz EQE for the Chinese market.
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Mercedes-Benz is considering not only offering the EQE, which will be released in 2022, as a sedan and SUV in China, but also launching a hybrid of these two body styles there. The EQE SUS (Sports Utility Sedan) could be sold from 2024.
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The rumour that Huawei is moving into the business of electric mobility has now been officially confirmed. As Huawei CEO Eric Xu told analysts, Huawei wants to invest one billion US dollars in researching technologies for automated electric cars.
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The South Korean company SK Innovation is entering the battery replacement technology business in China. This has been made possible by a strategic investment in the company specialised in battery swapping called Blue Park Smart Energy (BPSE) that is a subsidiary of the BAIC Group.
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At the Guangzhou Motor Show, Hyundai has unveiled the next version of the Mistra compact sedan, which will be available for the first time as a purely electric version. The model has been marketed exclusively in China since 2013 and is built by Beijing Hyundai, a joint venture between BAIC Motor and Hyundai.
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Toyota is founding a joint venture in China with FAW, Dongfeng, GAC, BAIC and SinoHytec for the joint development of fuel cell systems for commercial vehicles under the name of United Fuel Cell System R&D (FCRD).
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The latest CAM data for the electric car sector from Jan to April 2020 paints an uneven development. The study notices a strong increase in electric vehicles sales in Europe in general, the UK in particular, with an increase in PHEV cars in Germany.
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The first series-production electric car from Arcfox, a dedicated EV brand by BAIC BJEV, is now going on sale in China. The Arcfox Alpha-T is a large electric SUV with premium standards and a range of over 650 kilometres.
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In 2019, the worldwide stock of passenger cars and light commercial vehicles with battery-electric drives or with range extenders, as well as plug-in hybrid drives has increased to around 7.9 million, 2.3 million more than a year ago.
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The electric vehicle sales of the Chinese manufacturers BYD, BAIC BJEV and Nio declined sharply in January. The main reasons for this were the few business days in January due to the comparatively early New Year holidays and the outbreak of the coronavirus.
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With record sales of 367,000 passenger cars in 2019, Tesla has increased its deliveries by 50% and thus became by far the strongest selling electric car manufacturer in the past year, ahead of the Chinese manufacturer BYD with 219,000 new energy vehicles.
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China’s state-owned energy supplier State Grid has entered into strategic alliances with vehicle manufacturers WM Motor, BAIC, GAC and BYD to make charging cheaper and easier.
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BJEV, the electric car subsidiary of the Chinese manufacturer BAIC, plans to invest ten billion yuan (1.28 billion euros) in the construction of 3,000 battery changing stations. According to BJEV President Ma Fanglie, the goal is to supply half a million electric vehicles with fresh batteries by the end of 2022.
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According to the latest CAM ‘Electromobility Report’, in which 212 series innovations in e-mobility have been evaluated by 30 car manufacturers over the past five years, German automobile manufacturers still have catching up to do.
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Daimler subsidiary Mercedes-Benz Energy and BAIC subsidiary Beijing Electric Vehicle (BJEV) have entered into a development partnership for Second Life battery storage systems in China. The partners intend to jointly build the first second-life energy storage system at their Beijing location.
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Magna and BAIC have officially signed a framework agreement with the government of the Chinese city of Zhenjiang for the production of electric vehicles. The joint venture, led by BJEV, BAIC’s electric car subsidiary, is Magna’s first investment in a complete vehicle production site outside Europe.
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BJEV, the electric car subsidiary of the Chinese manufacturer BAIC, is planning six new models based on three BEV platforms by 2021. Daimler also holds a minority interest in the company.
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Following Geely, BAIC is now also joining Daimler. The BAIC Group has acquired a stake of around five per cent in Daimler AG, according to the German automotive group. Daimler and BAIC have a long-standing strategic partnership.
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The Beijing government has abolished municipal subsidies for some electric vehicles. Manufacturers of electric vehicles in China can now only be granted subsidies from the central government before these are phased out next year.
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Hyundai has received approval in China to sell its all-electric Kona. In order to benefit from the Chinese subsidies, Hyundai is not allowed to equip the Kona Electric with batteries from LG Chem, as usual, however.
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How about an electric car made to look like a handbag? That’s what BAIC BJEV has come up with for its launch edition EV released on China’s ‘Internet Valentine’s Day’ on May 20. While they’ve made some questionable style choices, other features seem rather fun.
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At the Geneva Motor Show, Arcfox, a BAIC BJEV brand, unveiled three new vehicles. The new models retain the features of the Arcfox GT and are certified by the European trade association.
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Daimler is considering to finally cooperate with the Chinese manufacturer and the latest stakeholder Geely for the Smart successor models that are to be EV only from 2020. Concrete talks on technical cooperation are already underway.
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Electric carmaker BAIC and the mobility platform Didi Chuxing announced a joint venture called BAIC-Xiaoju New Energy Auto Technology Co. Ltd (JingJu). The two Chinese companies plan to expand their industrial networks.
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