article thumbnail

BYD, Toyota jointly to develop battery electric vehicles for Chinese market

Green Car Congress

The two parties will jointly develop sedans and low-floor SUVs as well as the onboard batteries for these vehicles and others with the aim to launch them in the Chinese market under the Toyota brand in the first half of the 2020s. Since 2015 onwards, BYD’s sales of BEVs and PHEVs have been ranked first in the world for four consecutive years.

BYD 186
article thumbnail

Fiat Group Automobiles, Chrysler Group International and GAC Group to Produce Jeep vehicles in China for Chinese market

Green Car Congress

Under the agreement, the joint venture, GAC Fiat, will begin localized production of three new Jeep vehicles for the Chinese market, expanding the portfolio of Jeep sport-utility vehicles (SUV) currently available to Chinese consumers as imports. Production is expected to begin by late 2015.

Jeep 236
article thumbnail

Wärtsilä hits methanol milestone with first newbuild engine order

Green Car Congress

Wärtsilä has more than half a decade’s experience with methanol, having converted the first of four engines on Stena Germanica to use the fuel in 2015. The benefits of methanol are that it is relatively inexpensive to produce, is widely available, and easy to store. Furthermore, the global supply infrastructure is already established.

Engine 366
article thumbnail

Big Auto is begging governments to let them go bankrupt as Chinese EVs loom

Baua Electric

Chinese EVs will grow, whether you like it or not China is actually a little late to the EV party. Chinese EV sales have started taking off overseas , particularly in Europe. They contend that the Chinese government unfairly subsidizes its auto sector, making prices uncompetitively low. Namely: China.

Chinese 52
article thumbnail

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

Green Car Congress

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
article thumbnail

The smartest electric car buy? Smart to launch as EV brand in Australia with two affordable SUVs to tackle BYD and GWM

EV Central

Smart vehicles were sold in Australia from 2003 until 2015 when the brand was axed following poor sales of its sole model, the ForTwo city car, but now it’s hoped by execs that the availability of two small all-electric SUVs will see the brand flourish Down Under.

article thumbnail

CMU, Ford, Drexel study suggests Chinese more receptive to adopting BEVs than Americans, regardless of subsidies

Green Car Congress

Results from a study by a team from Carnegie Mellon University, Ford and Drexel University suggest that Chinese consumers are more receptive to adopting battery-electric vehicles (BEVs) than their American counterparts, regardless of subsidies. Michalek (2015) “Will subsidies drive electric vehicle adoption? 2015.01.002.

Chinese 150