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Volkswagen Group to invest more than €9.8 billion in China by 2015; efficient products and production

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The Volkswagen Group, through its two Chinese joint ventures, will be investing more than €9.8 billion (US$15 billion) in the country by 2015; investments in highly efficient products and resource-conserving production will account for more than two thirds of this figure. A further reduction of 11% is planned by 2015.

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China publishes plan to boost fuel-efficient and new energy vehicles and domestic auto industry; targeting 500K PHEVs and EVs in 2015, rising to 2M by 2020

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China’s State Council has published a plan to develop the domestic energy-saving and new energy vehicle industry, which includes battery-electric vehicles, plug-in hybrid vehicles and fuel cell vehicles. 2012 Chinese Auto Industry Development Report. —Energy-saving and new energy vehicle plan. L/100km (40 mpg US) or less.

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EIA: China promoting both fuel efficiency and alternative-fuel vehicles to curb growing oil use

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To counter this trend triggered by China’s rapid motorization, the Chinese government is adopting a broad range of policies, including improvements in the fuel economy of new vehicles and the promotion of alternative-fuel vehicles, EIA notes. l/100 km) by 2015 and 47 miles per gallon (5.0 China vehicle sales and gasoline consumption.

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Toyota to launch two new plug-in hybrid models in China; Corolla and Levin

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Levin Hybrid (left) and Corolla Hybrid (right) introduced at the 16th Shanghai International Automobile Industry Exhibition in 2015. The engine, first announced in April 2015, delivers superb driving performance and acceleration, while also achieving impressive fuel efficiency and world-leading thermal efficiency.

Plug-in 150
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BAIC BJEV opens Silicon Valley EV research center, planning another for Europe

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In the first half of 2015, China surpassed the United States to become the largest market for alternative energy vehicles. BJEV has seen sales volume climb to 6,223 units through June of 2015—representing a 23.1% market share amongst China’s pure EV players. BJEV ranks sixth globally in terms of pure EV sales.

Europe 150
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Exploring the adoption of EVs in the US, Europe and China; charging scenarios and infrastructure

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In the US, President Obama declared an American goal of putting one million EVs on the road by 2015. In 2011, the Ministry of Science and Technology announced a goal of one million EVs by 2015 and 10 million by 2020, but these targets were later cut in half. sales but well below the run-rate needed to reach the 2015 target.

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