Remove 2015 Remove Automobile Industry Remove Chinese Remove Market
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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.

2015 218
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Toyota to launch two new plug-in hybrid models in China; Corolla and Levin

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On the eve of the 2016 Beijing International Automobile Exhibition, Toyota announced that it will launch plug-in hybrid versions of the Corolla and Levin—two mass-market models, both of which have conventional hybrid variants—in China during 2018. Click to enlarge. New turbo engine.

Plug-in 150
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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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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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Accelerating the pace of EV market growth requires a coordinated evolution in both sectors, the report argues, from the power plant to the charging station to the vehicle. Within the US, it examines California, Massachusetts, and Michigan—states covering a range of differences in electric power generation and power market structures.

Europe 244