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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Magna is to cooperate with Beijing Electric Vehicle (BJEV), which is the electric car subsidiary of the Chinese car manufacturer BAIC. The joint venture will open a development centre in Zhenjiang and operate under the name Magna Blue Sky NEV Technology (Zhenjiang).
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Daimler is in talks with Beijing Electric Vehicle (BJEV), a unit of its Chinese partner Beijing Automotive Group to start building the electric Smart in China. The information was revealed by sources close to the matter but yet awaits official confirmation.
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The ride-share operator Didi Chuxing looks to be the first major customer for the new EV joint venture by Magna and BAIC in China. Singulato Motors also looks to have the JV produce their vehicles in future.
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BJEV is launching a battery-swap service to get ahead in China’s competitive market. They will install the first 100 battery changing station in Beijing this year as an add on to their EV300 model. Moreover, this symbolises a comeback of battery swapping only this time with more refined business models.
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Magna is en route to make it big in China as the supplier is preparing the launch of two joint ventures with BAIC. Together they want to develop new energy vehicles and Magna stands ready to take over an existing BAIC facility that builds 180,000 EVs a year.
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Daimler wants to start the production of its first EQ model in China before the year’s end. The EQC electric car is to be made in a Beijing Benz Automotive (BBAC) facility in Beijing. On sale in China is set for 2019.
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The Chinese e-mobility startup Singulato Motors is cooperating with the BAIC subsidiary Beijing Electric Vehicle (BJEV) to develop EVs and PHEVs. The partners aim to develop vehicle technology, charging solutions and distribution networks.
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The Chinese Uber equivalent DiDi Chuxing has cancelled their cooperation with Saab owner National Electric Vehicle Sweden (NEVS), announced at the end of 2017, to develop a specialised EV for the ride-share service, according to rumours.
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China’s equivalent to Uber, DiDi has formed a strategic alliance with BAIC Group. They want to foster mobility with electric cars together, including fleet operation, big data applications, design and EV charging services.
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Daimler has completed the acquisition of a stake in BAIC’s subsidiary Beijing Electric Vehicle (BJEV) as announced last year. The German carmaker owns now almost four percent of the Chinese specialist for EVs and PHEVs.
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The BAIC subsidiary Beijing Electic Vehicle (BJEV) is planning to found another subsidiary to produce electric powertrains for their vehicles, which will be named the Blue Valley Power Company. The initial step of the new power company will be to set up an annual production capacity of 100,000 electric vehicle driving system sets.
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Daimler and BAIC want to invest 11.9 billion yuan, or 1.5 billion euros, in China through their joint venture Beijing Benz Automotive to build a new local production facility. They will produce new energy vehicles among other models.
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Electric and plug-in hybrid vehicle sales in China have increased by 480 percent this January compared to the same month last year. The majority of the new energy vehicles that got a license plate were all-electric cars, according to CAAM.
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Mercedes is currently building its electrification strategy and establishes connected hubs to build batteries and electric cars across the globe. Daimler needs to keep on track to launch 10 all-electric models by 2022 and to electrify across the entire range.
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BJEV will be the first state-owned electric car brand to gain a stock market listing, valuing it at around 4.5bn dollars. But first, the EV brand shall be acquired by another BAIC company, the publicly traded Chengdu Qian Feng Electronics to complete a stock sale and asset-swap deal.
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By 2025, Chinese carmaker BAIC wants to stop selling combustion-powered cars in China, according to CEO Xu Heyi. In Beijing even by 2020. That is true for the company’s own-branded fuel-powered cars.
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With approximately 640 million euros, Daimler intends to boost up its EV and battery business in China. The investment is part of the carmaker’s global EQ strategy, according to the company’s China head Hubertus Troska.
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All to be electrified at Volvo: From 2019 every Volvo will be electrified to a varying degree. Starting with the mild-hybrid as new base motor, plug-ins and all-electric variants will complete the palette. Five pure EVs can be expected by 2021 with three running under Geely’s Swedish flagship and the other two bearing the Polestar label. The latter is about to be remodelled as electric brand under the guidance of Volvo’s former head of design, Thomas Ingenlath (we reported). With the new strategy under way, ICE will see a phase out that is likely to be completed by 2023 following Volvo’s five-year product lifecycle.
autocar.co.uk, autonews.com, carscoops.com
Daimler and BAIC expand their JV operation with 5bn yuan (735m USD) to flow into EV production in China by 2020 including the infrastructure. A three-digit million euro sum of that investment is destined to build a new battery factory by Beijing Benz Automotive Co. (BBAC) in the People’s Republic.
reuters.com
Hybrid autonomous system: Swedish Einride has unveiled its first full-scale prototype. The T-Pod is a remote-controlled electric truck and with a cabin for a driver missing, it looks futuristic, or a bit odd. It can transport 15 euro pallets and travel 124 miles on one charge. Charging stations are being worked on as well and Einride hopes to have a first full version of the T-Pod ready by autumn.
engadget.com
BMW batteries take to life on sea as Torqeedo is using i3 power packs for energy storage in its Deep Blue electric drive systems for motorboats. The batteries are new and not recycled though and come with the full capacity of 30.5 kWh.
greencarcongress.com
On sale Hyundai PHEV: British drivers will get their hands on the Hyundai Ioniq plug-in hybrid this month. It is priced from 24,995 pounds, including the £2,500 Plug-In Car Grant.
electriccarsreport.com
Straddling bus a fraud: Police in China have arrested 32 people for illegal fundraising for a scrapped project to create a “straddling bus“. The idea to lift commuters above congestion caught a lot of attention but was finally scrapped shortly after the first test run of the TEB-1, or Transit Elevated Bus.
bbc.com, nytimes.com