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

Green Car Congress

China-based automobile manufacturer Guangzhou Automobile Group (GAC Group), the parent company of GAC Motor, has begun construction of a large industrial park for electric and intelligent vehicles as part of its efforts to boost its electric vehicle business. More than 45 billion yuan (US$6.5 More than 45 billion yuan (US$6.5

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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

Green Car Congress

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. By 2020, average passenger car fuel consumption is to drop to 5.0 L/100km (52.3

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Polestar reduced greenhouse-gas emissions by 6% per car in 2021

Green Car Congress

Polestar is targeting a truly climate-neutral car by 2030; to halve carbon emissions per sold car between 2020 and 2030; and to reach climate neutrality across its value chain by 2040. In 2021, Polestar reduced greenhouse gas-emissions per car sold by 6% through its focus on increased efficiency and use of renewable energy.

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Oil companies “break the circle”! Total Energy to build tens of thousands of charging piles in China

Setec Powerr

When “replacing oil with electricity” has become a trend, the transportation industry has maintained the era of fuel oil for hundreds of years, but it is also undergoing subversive changes. In 2020, Total Energy acquired the largest electric vehicle charging company in London and has mastered many local charging pile resources.

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Polestar 3 officially unveiled in China, price cut by about $29,080 from previous

CN EV Post

The first SUV from Polestar, the premium electric vehicle maker owned by Geely and Volvo Cars, has been officially unveiled in China, but at a price reduction of about RMB 200,000 yuan ($29,080) from the model's global debut last year. | Polestar.US

China 140
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New milestone in 2023: What drove India to record over 41 lakh car sales

Baua Electric

REUTERS) The just concluded year 2023 was a cheerful one for the Indian auto industry, as the car manufacturers in the country breached the four million mark for the first time. lakh crore has been showing astounding recovery since the pandemic shock in 2020. the Indian automobile industry has been showing great resilience.

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goEgoNetwork raises $2 million in seed funding for EV charging infrastructure 

Electric Vehicles India

The seed round is funded by Bagla Group, Global Innovation Labs and Fintech at ING Bank. Bagla said, “EVs are not just about disrupting the internal combustion engine automobile industry but are part of the larger disruption in energy and transportation, which are witnessing a considerable shift towards green technology solutions.”.

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