SAIC-GM, General Motors’ joint venture with SAIC Motor, opened its second plant producing electric vehicles based on GM’s Ultium platform. The factory is at the company’s production site in the city of Wuhan in Central China and has started making electric cars already.
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Xpeng has launched ultra-fast charging sites in five Chinese cities with its new S4 supercharging stations capable of 480 kW. XPeng currently has 1,011 charging stations in operation, including the seven with S4 supercharging columns. The company aims to add more than 500 S4 stations by 2023.
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Geely subsidiary Lotus has completed construction of its vehicle plant in the Chinese city of Wuhan, where it produced the first example of its all-electric Eletre SUV model. The Wuhan factory is designed for an annual capacity of 150,000 vehicles.
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Honda has concretised its electric plans. According to the Japanese company, they want to bring 30 battery-electric and hybrid-electric models onto the market worldwide by 2030 and achieve a sales volume of more than two million electric cars per year with these in the same year.
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The Geely brand Lotus wants to float its technology division Lotus Technology on the stock market in the next twelve to 24 months to raise capital for its electric campaign. It has not yet been decided whether the IPO will be carried out in Asia, London or New York, while the type of IPO is […]
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The Chinese manufacturer Dongfeng Motor has started building a new production facility for electric off-road vehicles in Wuhan. This is scheduled to start production in 2023 with a planned capacity of 10,000 vehicles.
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Honda has announced the construction of an all-electric car plant together with its Chinese joint venture partner Dongfeng in Wuhan. The plant in the Chinese province of Hubei will initially be designed for an annual capacity of 120,000 electric cars and is scheduled to go into operation in 2024.
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The Chinese Ministry of Industry and Information Technology (MIIT) has announced the launch of a government battery replacement pilot programme for electric vehicles. This involves not only electric cars but also trucks.
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New details are now emerging about Xiaomi’s electric car plans, which will involve launching its first model in 2024. The following three years will see another 3 models released and looks like involving two factories in China.
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The Chinese battery manufacturer CALB (China Lithium Battery Technology) has announced the expansion of its production capacities to 300 GWh by 2025. Among other things, the company is planning a new factory in Hefei with a capacity of 50 GWh. International carmakers could also benefit from this.
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The Geely brand Lotus has published its electric strategy. Four new electric models are planned between 2022 and 2026, which will be produced at a new plant in China that is to open this year. The first of the models to come out will be an electric SUV.
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General Motors apparently wants to produce the Ultium platform for its electric vehicles in China in the future through its joint venture with SAIC. According to local media, SAIC-GM has recently entered into a strategic partnership with the Wuhan municipal government.
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The Chinese electric car manufacturer Xpeng has announced the construction of another plant. It is to be built in Wuhan and will have an annual capacity of 100,000 cars. A timetable for the start of construction or even production has not yet been given.
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Nissan plans to sell only electric and hybrid cars in China from 2025. The decision to electrify its entire model range in China follows against the background of the emerging ban on the registration of pure combustion engines in China from 2035.
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BorgWarner has begun supplying its eDM electric drive module for three Chinese electric models. The eDM will power the JMC Ford Territory EV, Aiways U5 and Leading Ideal One.
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The French company has launched an electric car-sharing initiative in Wuhan, China. The fleet will launch with 300 vehicles, before being upgraded to 3,000 vehicles by 2019. The car-sharing service will be operated by the joint venture Fengbaio Company.
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Nissan has earmarked $900M for increasing their production capacity in China. They plan a new factory in Wuhan together with JV partner Dongfeng. Also existing facilities are to be expanded. Nissan is looking to grow their China business by 30%, including new energy vehicles.
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Construction of a battery factory owned by both CATL and Dongfeng is complete. The facility of Dongfeng Amperex started production in Wuhan. Here they aim to reach a capacity of 9.6 GWh worth of batteries on three manufacturing lines from 2019.
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China’s Geely has bought almost ten percent in Daimler shares, thus becoming the company’s largest shareholder. Geely founder Li Shufu said in a statement he is “particularly pleased to accompany Daimler on its way to becoming the world’s leading electro-mobility provider.”
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The rumors have turned out to be true: Chinese vehicle producer Geely has revealed their strategy through an insider, who spoke to Reuters. Apparently the Chinese producer aims to purchase some of Daimlers’ battery technology through the acquisition of company stock.
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