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China BAK receives a new contract to supply high-power Li-ion batteries to Chery Automobile

Green Car Congress

China BAK Battery, Inc. has received a new contract to supply high-power batteries used in the Chery Automobile Ruilin M1 electric car. Chery is one of China BAK’s long-term customers. China BAK will deliver these batteries to Chery by the end of June 2012. —Xiangqian Li, CEO of China BAK.

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Audi sales in China surpass 400,000 units for first time in 2012

Green Car Congress

Audi set a new sales record in the Chinese market last year, with deliveries in China and Hong Kong exceeding the 400,000 mark for the first time—a 29.6% Also the A6 L, which underwent a model change in 2012, achieved a new record; 132,872 customers chose China’s best-selling business sedan (up 17.3%).

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CCID Consulting estimates upsurge in aluminum for automobile bodies in China if technical breakthroughs in alloy performance and application technology are made

Green Car Congress

China-based and -focused CCID Consulting estimates that the China passenger vehicle market will need at least 1.802 million tons of aluminum sheets annually, assuming that aluminum replaces 15% of the steel used in automobile manufacturing by 2015. The sales volume is expected to reach 25.287 million by 2015.

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China Changan Automobile Group and PSA Peugeot Citroën Sign Contract for JV in China

Green Car Congress

China South Industries Group Corporation, Changan Automobile Group’s main shareholder, and PSA Peugeot Citroën have signed a contract to create an equally owned joint venture to produce and market light commercial vehicles and passenger cars in China. The first vehicle is scheduled to be launched in second-half 2012.

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Hyundai breaks ground for third plant in China; total China capacity of up to 1M units by 2012

Green Car Congress

Hyundai Motor Company has begun construction of a third plant in China to respond to growing demand in the world’s largest automobile market. Today is a very important day for us, as we secure production capacity for one million units in China. Hyundai established BHMC in 2002, opening its first plant in China.

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Ford introducing new midsize SUV in China; Territory will offer 48V mild hybrid and plug-in hybrid variants

Green Car Congress

Ford has released the first images of the new Territory, a mid-size SUV targeted at new buyers in emerging cities in China. The Territory is a breakthrough for Ford in China in terms of our ability to successfully compete with Chinese automakers for millions of customers that we do not currently serve. Market background.

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Ford China sales up 32% in July

Green Car Congress

Ford China posted a 32% sales increase in July 2012, with 42,560 wholesale units sold. Year to date, Ford China has sold 319,882 wholesale units, up 4% from January – July 2011. At Beijing’s Auto China 2012, Ford unveiled three new SUVs for China: the EcoSport, Kuga and Explorer.

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