Byton will open its first Byton Place in Shanghai on January 20, planned to expand to 30 locations by the end of the year. The Chinese electric car startup will use the physical stores to set up and expand its sales and service network.
Weiterlesen
The BMW Group is getting closer to achieving their plan of increasing their shares in the BMW Brilliance Automotive joint venture from 50% to 75%. A special meeting of Brilliance China Automotive Holdings (CBA) has agreed to the sale of another 25% of the venture to BMW.
Weiterlesen
In China, state-owned energy providers and private companies have formed a joint venture called Xiongan Lianxing Network Technology, which is now the largest operator of charging stations and controls 80 percent of the country’s current 730,000 charging stations.
Weiterlesen– ADVERTISEMENT –
ICEing, the practice of blocking a charge spot by parking a gas guzzler in front of it, may seen its last days, at least in China. There, a Supercharger can only be accessed with a QR code supplied to Tesla drivers via WeChat, that then lowers the forbidding iron bar guard.
Weiterlesen
Chinese corporation Evergrande Health Industry Group – Faraday Future’s disputed investor – has made a major investment in Chinese-owned National Electric Vehicle Sweden (NEVS) formerly Saab. Evergrande acquired a majority of NEVS shares at 51 per cent for a price of 930 million US dollars.
Weiterlesen
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).
Weiterlesen– ADVERTISEMENT –
General Motors has now confirmed their plan to position Cadillac as the leading brand for the Group’s future electric models. The newly developed GM platform BEV3 is expected to be used by Cadillac starting in 2021.
Weiterlesen
Car manufacturers plan to invest more than 300 billion dollars in electric mobility over the next five to ten years. This is the result of a Reuters analysis based on public company data. China accounts for around 45 percent of investment plans.
Weiterlesen
Honda plans to develop more than 20 electrified vehicle models for the Chinese market by 2025. Following the previously introduced battery-electric VE-1, this year another BEV designed with car-sharing services in mind will follow. Further details have not been announced yet.
Weiterlesen
Volkswagen apparently plans to set up a Chinese fast-charging network. A respective joint venture would see VW partner FAW and other local companies become part of the effort that is worth a starting capital of 1 billion yuan (around 130 million euros).
Weiterlesen
One year after the concept presentation of its first model, the Chinese electric car startup Byton, led by former BMW-i manager Carsten Breitfeld, follows up at the CES with the pre-series version of the electric SUV M-Byte, which is due to go into production this year.
Weiterlesen
Tesla has now officially placed the foundation stone for the so-called Gigafactory 3 in China, which will produce both batteries and the electric vehicles in which they will be used in future. The plan is to complete construction by this summer.
Weiterlesen
The revitalized vehicle manufacturer Borgward has a new owner: The Chinese start-up Ucar will take over 67% of shares from the previous owner Foton. Now they will decide on the possible return of the car brand to Bremen.
Weiterlesen
Chinese vehicle manufacturer, Guangzhou Automobile Group, has completed construction on the EV plant at their new industrial park in their home city. In addition, the company’s subsidiary, GAC Motor, and Japanese supplier Aisin AW intend to establish a joint venture for drive modules at the park.
Weiterlesen
According to CEO Elon Musk, Tesla will be producing significant numbers of the Model 3 for the European market starting this January and aiming to launch deliveries in February. China will also likely see the delivery start in the first quarter of the year, and the first photo of a Model 3 equipped with charging […]
Weiterlesen
Tesla has released its production and delivery numbers for the fourth quarter of 2018. According to their numbers, 86,555 electric vehicles were manufactured, and 90,700 vehicles were delivered.
Weiterlesen
Tesla has hired the former Walgreens human resource head Kathleen Wilson-Thompson and the Oracle founder Larry Ellison as new independent directors to join their board of directors. Furthermore, Tesla has founded a leasing company in China, as well as having manufactured a total of more than 155,000 Model 3.
Weiterlesen
The vehicle manufacturer Geely is founding a joint venture with the battery cell manufacturer Contemporary Amperex Technology (CATL). The joint venture will be called CATL Geely Power Battery and will launch with a starting fund of one billion Yuan (130 million euro) by the two partners.
Weiterlesen
The Chinese government has announced plans to lower many of their electric vehicle subsidies for the year 2019 by about 30% compared to the 2018 regulations, with the goal to completely end these subsidies in 2020. However, EVs with a range over 300 km will receive increased subsidies.
Weiterlesen
Panasonic aims to boost its lithium-ion battery cell production in China by up to 80% as Beijing’s loosening restrictions prompt foreign players to ride the wave of new-energy vehicles. Earlier this year we reported that Korea’s LG Chem was doing the same with their battery cell production in China.
Weiterlesen
Renault intends to acquire a “significant stake” in JMEV, the electric car subsidiary of the Chinese manufacturer Jiangling Motors Corporation Group (JMCG). The transaction is expected to close in the course of next year after review from the relevant authorities.
Weiterlesen
After the CHAdeMO Association and the China Electricity Council (CEC) signed an agreement in August to develop a common fast-charging standard with up to 900 kW charging power, further key points have now become known.
Weiterlesen
The Chinese electric car manufacturer Nio presents its second model. The new ES6 is an electric SUV as well, but more compact and affordable than the ES8. The ES6 will be available as a five-seater or seven-seater and in different performance versions.
Weiterlesen
A recent drop in the import tariffs for cars from the U.S. (from 40% to 15%) prompted Tesla to reduce prices for some Model S and X electric cars in China. Tesla is thus “discounting” the Model S by 105,000 yuan (approx. 13,500 euros) and the Model X with up to 65,000 yuan (around 8,300 […]
Weiterlesen
Xpeng, formerly known as Xiaopeng of China kicks-off sales of their debut EV G3 as planned. The electric SUV is said to take patented clues from Tesla but has a competitive base price of 227,800 yuan, that’s a little less than 30,000 euros – before subsidies.
Weiterlesen
The Chinese carmaker Qiantu Motor has found a partner in the Californian electric vehicle manufacturer Mullen Technologies. They are to homologate, assemble and market the Qiantu K50 electric sports car, a sleek two seater with carbon elements, in North America.
Weiterlesen
The latest report on electric vehicle sales and innovation by the Center of Automotive Management (CAM) compares e-mobility markets worldwide. So far, the positive trend continues throughout 2018, with PEVs now having a global marketshare of 4.6%, almost double from what it was in 2017. Two countries are the main drivers behind this development, with […]
Weiterlesen
Volkswagen has readied the ground for a research and development centre with its Chinese joint venture partner JAC, in Hefei, Anhui Province. The centre will focus on electrification, connectivity and autonomous driving.
Weiterlesen
The Hyundai Motor Group has presented the roadmap for its “FCEV Vision 2030”. And the roadmap is ambitious: Hyundai and Kia plan to increase their annual production capacity for fuel cell systems from what is currently 3,000 units, up to a whopping 700,000 units by 2030.
Weiterlesen
The Aion S electric sedan, presented by the Chinese manufacturer GAC at the Guangzhou Motor Show, will be the first model to use Nidec’s fully integrated e-axle when it is launched next year.
Weiterlesen