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Hungary expects $3B in unutilized Chinese language auto business funding

Baua Electric

billion) in unutilized Chinese language investments within the automobile sector, additional boosting the central Ecu public as a regional heart within the transition to electrical mobility, International Minister Peter Szijjarto mentioned. Closing age, Chinese language battery maker Eve Energy introduced a $1.2

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Study of Sustainable Value in Automobile Manufacturing Finds Mixed Performance for Most OEMs, BMW and Toyota as the Clear Leaders

Green Car Congress

BMW and Toyota are consistent leaders in sustainable value. The BMW Group and Toyota are consistent industry leaders, creating extremely positive Sustainable Value over the entire review period—i.e., Findings of the report include: Toyota and the BMW Group are industry leaders. Click to enlarge. Click to enlarge.

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China NEV gross sales within the day of Would possibly 22-28: Li Auto 7100, Nio 1600, Tesla 12800

Baua Electric

On Would possibly 30, Li Auto disclosed the weekly gross sales figures derived from insurance coverage registration information for day quantity 21 of 2023 (Would possibly 22 – 28). However, Li Auto has now taken over and independently discharged the information, offering rounded figures solely for NEV startups and top rate manufacturers.

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BMW Brilliance Automotive presents prototype plug-in hybrid sedan based on 5 Series; targeted for China market in 2013

Green Car Congress

The BMW Brilliance plug-in hybrid concept. BMW Group and its Chinese joint venture partner Brilliance China Automotive Holdings Ltd. have presented a concept plug-in hybrid sedan based on the long wheelbase version of the BMW 5 Series Sedan. Series production of the automobile is to start in China in 2013.

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SAIC doubles indisposed on Eu growth with EV plant plan

Baua Electric

SHANGHAI — SAIC Motor is operating at the web site variety to create a plant in Europe to build electrical automobiles, the corporate mentioned on Tuesday, because it presses forward with it growth within the area. The state-owned Chinese language automaker estimated its in another country gross sales may just exceed 1.2

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Tesla and local EV makers are leaving veteran auto in China’s electric car segment

Teslarati

This is partly the reason why Tesla and local EV makers such as BYD are finding success in China’s electric car segment, even as veteran automakers like BMW and Volkswagen see challenges in their efforts to saturate the domestic EV market. . “There’s not much loyalty in the Chinese consumer group.

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Changan's EV brand Shenlan offers up to $6,030 discount on vehicle purchases

CN EV Post

Image credit: Shenlan) Shenlan, Changan Automobile's new energy vehicle (NEV) brand, is offering consumers tens of thousands of yuan in incentives to purchase vehicles as the auto price war in China continues. Shenlan is currently selling only one model, the SL03, a Tesla Model 3 competitor, with 4,103 units delivered in February.

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