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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.

Chery 186
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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

In the wake of the news that five alternative energy vehicle (AEV) makers defrauded the Chinese government of about US$150 million in subsidies, the Chinese government adjusted its subsidy policies for alternative energy vehicles. Subsidy fraud from five Chinese AEV makers in China. billion (US$5 billion) as of the end of 2015.

Li-ion 218
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China to Encourage Consolidation in Auto Industry; Push to Increase Market Share of Domestic Automakers

Green Car Congress

China’s central government plans to implement a new policy in the first half of this year to encourage auto industry consolidation and further the development of Chinese-brand passenger vehicles, an official from the Ministry of Industry and Information Technology said at a recent news conference. of the total. Sales of domestic sedans hit 2.22

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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.

China 191
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Global Top 20 - December 2020

EV Sales

With the overall automotive market in the red (-14% in 2020), added to the amazing recovery of plugins on the second half of 2020, the December PEV share jumped to a record 6.9% share (4.9% BEV) , pulling the final 2020 plugin share to 4% (2.8% BEV) , results that are well above the 2.5% plugin share (1.9% BEV) of 2019. share (4.9%

2020 98
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When Will EVs Hit Primetime?

Revenge of the Electric Car

presence in the world’s two largest passenger car markets (China and the. Read more in the article: Can electric cars break out of niche status in US, China market? the world’s two largest passenger car markets, then a transition away from. Can electric cars break out of niche status in US, China market?

China 133
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Here comes another one! China’s Leapmotor plans Aussie attack with BYD-busting prices

EV Central

That’s the goal of little known Chinese electric car specialist Leapmotor, which could launch in Australia as soon as late 2024. But while ambitions are laudable if not always achievable, the potential for Leapmotor in Australia will be strengthened with the backing of auto giant Stellantis and its local market knowledge. Target BYD!

BYD 103