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Southeast Asia market will become a competitive place for Chinese and Japanese car companies

Setec Powerr

Europe, the birthplace of the automobile industry, to North America across the Pacific Ocean, has always been the top stage that Chinese car companies hope to step on. Figures released by the ASEAN Automotive Federation (AAF) show that total vehicle sales in Southeast Asia will be about 2.79

Asia 97
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Chinese language automakers to take hold of majority percentage of home gross sales for first week, forecast says

Baua Electric

AlixPartners forecast China’s total auto gross sales would develop 3 p.c million automobiles, convalescing to the extent of gross sales prior to COVID-19. million automobiles in 2030, when it projected greater than part of automobiles offered in China could be EVs. in South East Asia and South Asia.

Chinese 52
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StreetScooter to form JV with Chery for electric light utility vehicles

Green Car Congress

StreetScooter GmbH, a subsidiary of Deutsche Post and market leader for electric light commercial vehicles (eLCV), has signed a memorandum of understanding (MoU) with the Chinese automobile manufacturer Chery Holding Group (Chery) establishing a joint venture between the two companies. Total investment could be up to €500 million.

Chery 236
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Nissan optic exporting extra from China as gross sales hunch

Baua Electric

Global manufacturers, together with Nissan and alternative Jap manufacturers corresponding to Mitsubishi and Toyota, are suffering in China, the place they have got trailed home competition in assembly booming call for for electrical automobiles. ” If Nissan starts transport automobiles from China, Japan’s Disagree.

Nissan 52
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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. —Yu Jun, General Manager of GAC Motor.

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Navigant Research tags Jiangsu Xinri E-Vehicle Company as leader in e-scooter market

Green Car Congress

Although still a nascent market in most regions of the world, electric scooters sell in significant numbers in Asia Pacific today, according to Navigant Research. Sales of e-scooters in China alone are expected to reach 9.4 Sales in regions outside of Asia Pacific are estimated at 31,338 vehicles in 2013, Navigant said.

Market 210
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Here’s how China’s BYD is working on its image problem

Baua Electric

While European automakers have been shifting over to direct sales à la Tesla, China’s BYD, for Build Your Dreams, along with Chinese peers Xpend and Great Wall Motor are looking to dealers to build sales and provide networks to help their brands build solid reputations and trust among Europeans. Last year, the company sold 1.6

BYD 52