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

CN EV Post

Polestar has officially unveiled the Polestar 3 in China today with what it calls a new pricing system. | Polestar.US The Polestar 3 is Polestar's first SUV and will be the electric vehicle company's first all-electric model that will be produced in both China and the US. seconds and the long-range version at 5 seconds. ($1

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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.,

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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 is targeting the cumulative production and sales of more than 5 million new energy vehicles, including fuel cell vehicles, by that time as well. Natural gas and other alternative fuel vehicle technology is basically mature, the government said, and is headed toward initial industrialization. L/100km (40 mpg US) or less.

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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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Changan Acquires AVIC Units to Become 3rd Largest Automaker in China

Green Car Congress

The state parent of China’s Chang’an Automobile Group is taking over five vehicle units of the Aviation Industry Corp of China (AVIC) to create the third-largest automaker in China. SAIC and FAW Group hold the top two slots. AVIC will hold a 23% stake in the new Chang’an Group. Earlier post.).

China 186
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Volkswagen Adding 1.6B to Investment for China; 6B Total

Green Car Congress

In view of the dynamic development of the Chinese automobile market, Volkswagen has added €1.6 billion) to its current investment program for China. Growth in the Chinese automobile market has exceeded everyone's expectations”. billion) in its activities in China. billion) in its activities in China. billion (US$2.1

China 186
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Toyota keeps world’s top-selling automaker crown in 2023, sells 1.12 crore cars

Baua Electric

Toyota Motor Corporation claimed to have sold 1.12 With this, the auto manufacturer became the world’s top car manufacturer for a fourth consecutive year. The Japanese automobile giant’s global sales, including those of its subsidiaries Daihatsu and Hino, increased by 7.2 lakh units. per cent to 1.12 per cent to 11.5

Toyota 52