Remove 2018 Remove Automobile Industry Remove Chinese Remove Production
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.

2015 218
article thumbnail

Renault and Brilliance sign strategic cooperation agreement with Liaoning province, China; 3 new electric LCVs in 2 years

Green Car Congress

a joint venture to manufacture and sell light commercial vehicles (LCV), signed a Strategic Cooperation agreement with Chinese officials from Liaoning Province to further accelerate growth of LCVs in China. The Chinese LCV market forecast is for 3 million units per year, growing and moving rapidly.

China 207
article thumbnail

GAC Group begins construction of $6.5B industrial park for electric and intelligent vehicles

Green Car Congress

The new electric vehicle plant, part of the industrial park, is expected to be completed by the end of 2018 with a total investment of 4.69 This will provide GAC Motor with a production capacity of 200,000 units per year. Rendering of GAC Motor’s planned industrial park for electric and intelligent vehicles.

article thumbnail

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

Green Car Congress

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. and Sinogy Toyota Automotive Energy System Co.,

Plug-in 150
article thumbnail

Die some other year: Hengchi 5 resumed manufacturing within the Tianjin plant

Baua Electric

Credit score: Sohu Hengchi is an electrical logo beneath Evergrande Crew – Chinese language 2nd greatest actual property developer. Their automobile industry construction is just a little difficult – the auto unit is known as Evergrande Fresh Power Auto (Evergrande Auto). Tianjin plant in complete swing.

article thumbnail

Continental in strategic agreements with NIO on EVs, Baidu on autonomous driving

Green Car Congress

Our collaboration with NIO will contribute to further advance the development of electric vehicles and the Chinese electric vehicle market. Furthermore, both sides agreed to establish cooperation platforms in the areas of brand promotion, product marketing, technology promotion, quality training, customer service and talent training.

Connect 150
article thumbnail

Volkswagen Group to Invest 4B by 2011 to Expand Activities in China

Green Car Congress

billion) in new products and the expansion of production capacities in China. The investments are to be financed from the cash flow of the Chinese joint venture companies. At the Nanjing and Chengdu plants, production is to be boosted to between 300,000 and 350,000 units in each case by 2012. billion (US$1.9

China 210