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Valeo acquires 80% stake in the Chery Group’s lighting company in China

Green Car Congress

As part of its development strategy in high-growth countries, and particularly China, Valeo has acquired an 80% shareholding in the company Ruby (a lighting specialist) from Chery Technology, a subsidiary of Chinese automaker Chery Automobile. Chery Technology will retain a 20% stake in the company.

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CCM: demand for ternary Li-ion batteries in China to more than double to 10 GWh in 2016 from 4.4GWh in 2015 due to subsidy fraud and response

Green Car Congress

The firm forecasts an immediate boom in demand for ternary Li-ion batteries—mainly used to power alternative energy vehicles—from 4.4GWh in 2015 to 10 GWh in 2016. billion (US$5 billion) as of the end of 2015. Chery Wanda Guizhou Bus Co., Subsidy fraud from five Chinese AEV makers in China. Subsidies totaled RMB33.44

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Novelis breaks ground on automotive aluminum facility in Changzhou, China; $180M investment to double capacity in 2020

Green Car Congress

In recognition of its quality products and outstanding customer service, Novelis received the distinction of “Excellent Supplier” by FAW-Volkswagen in 2014 and 2015, and was awarded the “Strategy Cooperation” award in 2016 and 2017 by Chery Jaguar Land Rover.

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China to Encourage Consolidation in Auto Industry; Push to Increase Market Share of Domestic Automakers

Green Car Congress

According to sources with knowledge of the new policy, it intends that Chinese-brand passenger vehicles will comprise at least half of vehicle sales by 2015 and sedans made by entirely domestic automakers will have about 40 percent of the nation’s car market. Sales of domestic sedans hit 2.22 million units, almost 30% of the segment.

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Here comes another one! China’s Leapmotor plans Aussie attack with BYD-busting prices

EV Central

Established in 2015, Leapmotor is a publicly listed company based in Hangzhou that sold 144,155 vehicles in China in 2023. Whenever it does arrive, Leapmotor will not only join BYD, but MG, GWM, Chery and LDV as ambitious Chinese brands in Australia. A spokesman for Leapmotor confirmed that detail would be shared around mid-year.

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Global Top 20 - December 2020

EV Sales

Other position changes benefited small Chinese EVs, with the Baojun E-Series climbing to #9, the Great Wall ORA Black Cat jumping to #10 and the Chery eQ reaching #17, underlining the most recent trend in China: The Rise of City EVs. In December, the Climber of the Month was the VW ID.3, But more on that later.

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Firm reveals plug-in hybrid projections

Green Cars News

The company suggests that by 2015 a total of 1.7million plug-in hybrid electric vehicles will be on the road worldwide with the United States to be the leading market. So how many plug-in hybrid vehicles can we expect to see on the roads in around five years time?

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