Tag: SAIC

Sep 28, 2020 - 04:32 pm

VW and JV partners invest €15Bn in e-mobility in China

Volkswagen will invest around 15 billion euros in electric mobility in China by 2024 with its three joint venture partners SAIC, FAW and JAC. This comes in addition to the €33Bn the Group had already announced in 2019 for the global development of the electric car sector.

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Sep 22, 2020 - 12:57 pm

WM Motor attracts €1.25Bn in new financing round

The Chinese electric car startup WM Motor has now generated 1.25 billion euros ($1.47Bn or RMB 10Bn). The most recent round of financing was led by SAIC Motor’s investment platform and the Shanghai Municipal Asset Monitoring and Management Commission.

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Sep 14, 2020 - 03:06 pm

SAIC announces fuel cell lineup

Chinese manufacturer SAIC has announced that it will bring at least ten fuel cell vehicles to market within the next five years. At the same time, the Chinese government is expected to announce further support for fuel cell vehicles.

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Sep 10, 2020 - 03:35 pm

UK: New MG 5 electric estate to cost £23,995

MG prepares to launch an electric estate in the UK next quarter. The MG 5 EV is essentially a rebranded Roewe Ei5 as offered in China – both Roewe and MG belong to SAIC. What’s new and intriguing is the base price though: £23,995 (government subsidy included).

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Aug 7, 2020 - 01:28 pm

China’s NEV sales are picking up again

In China, the decline in sales figures for new energy vehicles appears to be levelling off as some manufacturers’ sales figures for July seem to indicate. The Xpeng P7 market launch also apparently went well.

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Jul 27, 2020 - 02:39 pm

GM launches an eSUV, a PHEV and a small e-car in China

The General Motors brand Buick has launched its first all-electric SUV on the Chinese market called the Velite 7, along with the PHEV Velite 6. With its Chinese joint venture with SAIC and Wuling, GM is also offering a purely-electric ultra-small and low price electric car called the Hong Guang Mini EV.

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Jul 13, 2020 - 06:38 pm

McKinsey finds 7 of 10 China EVs potentially profitable

The management consultancy McKinsey has disassembled and analysed ten popular electric cars from Chinese manufacturers for a new study. From this, the consultants derived some interesting statements on possible profits and the market prospects of international manufacturers.

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Jun 21, 2020 - 05:24 pm

SAIC brand Maxus brings electric van to the UK first

Maxus, formerly LDV and a British brand of China’s SAIC, is now taking orders for the E Deliver 3, its first compact electric van, in the UK. The E Deliver 3 had debuted as EV30 before the Maxus re-brand and is expected to arrive in September.

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Apr 27, 2020 - 11:58 am

VW factory in China producing an eSUV

In China, according to a number of media sources, VW has begun the production of prototypes presented last year as an electric SUV concept called ID. Roomzz. The seven-seater is apparently first set for launch on the Chinese market in 2021, presumably as VW ID.6.

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Feb 4, 2020 - 12:02 pm

Newest CAM study shows Tesla as EV sales leader

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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Jan 22, 2020 - 03:27 pm

MG hits Indian sweet spot with first electric SUV

EV interest is running high in India with MG Motors receiving close to 3,000 reservations for its all-electric SUV ZS in less than a month. Essentially the electric car has sold out before launch so the company has halted bookings – for now.

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Dec 9, 2019 - 02:21 pm

MG Motor working hard on electrification in India

MG Motors announced plans to develop an improved battery for their upcoming electric SUV ZS EV in India, which will feature a 73 kWh capacity and a theoretical range of 500 km. The manufacturer added that it will weigh the same as the current 44.6 kWh version.

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Nov 8, 2019 - 12:27 pm

VW announces the ID. Space Vizzion

VW has released the first renderings of the ID. Space Vizzion and will officially present the concept on November 19 ahead of the Los Angeles Auto Show. The battery-electric station wagon is to be presented as a production vehicle at the end of 2021. Also, VW has started pre-production at its new plant in China, […]

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Nov 1, 2019 - 02:04 pm

VW brand reveals electric car roadmap for China

The Volkswagen Group’s core brand VW has now revealed the details of its electric vehicle roadmap in China. To start with, VW wants to deliver 300,000 electrified models to Chinese customers as early as next year. By 2025, the figure is expected to rise to around one million.

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Oct 28, 2019 - 05:31 pm

ABB buys up China’s Chargedot

The Swiss technology group ABB has acquired a majority stake in Chargedot. The Chinese company supplies charging station software to EV manufacturers, charging network operators and real estate developers, among others.

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Sep 28, 2019 - 10:27 pm

CharIN moves ahead on truck charging standard

The CCS initiative CharIN has just announced 15 new members, including the car manufacturers SAIC, Suzuki and Subaru. The CharIN Steering Committee has also pushed the development of the planned CCS-compliant connector for the rapid charging of electric commercial vehicles with at least 2 MW.

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Aug 15, 2019 - 01:58 pm

Chevrolet to reveal new electric model for China

Chevrolet will present the Menlo EV, a fully electric crossover model for the Chinese market, at the Chengdu Auto Show in September. While first pictures have already been leaked, as yet only a few technical details are known.

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Jul 31, 2019 - 11:41 am

VW-SAIC reveal first MEB models for China

Volkswagen plans to produce three electric models based on the MEB modular electrification system together with its China partner SAIC at the new plant in Anting near Shanghai. An internal report specifying two of the three models has been unearthed.

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Jul 25, 2019 - 03:15 pm

Milk & More orders 159 more electric vans

The British milk supplier Milk & More procures 159 additional electric vans. The new LDV EV80 vehicles are scheduled to go into service by the end of September and expand the company’s electric fleet to more than 500 vehicles.

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Jul 17, 2019 - 04:24 pm

MG brings fully-electric ZS SUV with special sale

The electric MG ZS SUV is going on sale in the UK with a 163-mile (262 km) range and a special offer that promises prices from £21,495 for the first 1,000 cars registered. These first customers will also get a free home charging point including free installation.

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May 20, 2019 - 01:55 pm

MG Motor reveals first details for debut BEV

After a prototype of the MG ZS EV was recently filmed at the Kreuz Hilden charging park, the British SAIC brand MG Motor has now opened the order books for its first electric model and announced the first official details.

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Apr 25, 2019 - 04:36 pm

Spy video: MG Motor BEV prototype filmed charging

The British SAIC brand MG Motor is launching its first electric model this autumn. A prototype of the MG ZS EV was recently filmed charging in Germany. According to the technicians, the E-SUV delivers 110 kW and offers a 44 kWh battery for 280 km WLTP range.

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Jan 10, 2019 - 03:48 pm

Volkswagen ventures fast-charging network in China

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).

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Nov 19, 2018 - 01:31 pm

VW planning 30 new plug-in cars for China by 2020

Volkswagen say it will take them no more than two years to launch more than 30 new electric cars and plug-in hybrids in China. Moreover, the Group’s Chinese arm is considering to install a public high power charging network together with local partners from 2019.

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Oct 19, 2018 - 04:22 pm

SAIC-VW building factory for MEB BEVs

Volkswagen and their joint venture partner SAIC begun constructing a factory in China for electric vehicles based on VW’s Modular Electric Drive Kit (MEB). The factory will take up operation in October 2020, and cost about $2.5 billion to build.

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Found on electrive.com
https://www.electrive.com/2020/09/28/vw-pumps-15-billion-euros-into-e-cars-in-china/
28.09.2020 16:18