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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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Deloitte global survey gauges consumer prospects for EVs in China, Europe and Americas; China leads

Green Car Congress

Deloitte Touche Tohmatsu Limited’s (DTTL) Global Manufacturing Industry group conducted a global survey to explore consumer adoption of electric vehicles (EVs). The online survey captures the views of more than 12,000 consumers across the Americas, Asia and Europe in 17 countries. At 12 RMB a liter ($1.83/liter,

China 247
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BAIC BJEV opens Silicon Valley EV research center, planning another for Europe

Green Car Congress

BAIC said that the Silicon Valley R&D center will also become an important part of BJEV’s eventual globalization plans. BJEV ranks sixth globally in terms of pure EV sales. BJEV plans to bring a complete lineup of alternative energy automobiles to market. BJEV is also preparing for a second R&D facility in Europe.

Europe 150
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China’s CALB wants lithium battery factory in Portugal – ET Auto

Baua Electric

Portugal has the largest reserves in Europe of lithium, the main element in the batteries that power electric cars. It will “serve the strong customer demand, mainly in the automobile industry,” APA said on its website.

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Europe’s biggest EV market is about to hit a perfect storm of problems

Baua Electric

Germany’s VDA, an interest group for the country’s automobile industry, says that battery-powered vehicles are likely to see a decline from 524,000 units last year – more than any other European market – to 451,000 units this year. According to VDA estimates, the global market should see a 2% growth to 77.4 pre-pandemic.

Market 52
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Toyota to launch two new plug-in hybrid models in China; Corolla and Levin

Green Car Congress

Levin Hybrid (left) and Corolla Hybrid (right) introduced at the 16th Shanghai International Automobile Industry Exhibition in 2015. At present, it is available in models sold in Europe and Japan. Click to enlarge. Later, the establishment of Toyota Motor Engineering & Manufacturing (China) Co., Advanced safety technology.

Plug-in 150
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Toyota keeps world’s top-selling automaker crown in 2023, sells 1.12 crore cars

Baua Electric

Read more Toyota held the pole position in global passenger vehicle sales hart in 2023, while BYD grabbed the top spot in global electric car sales pushing Tesla to second position. crore units of passenger vehicles globally in 2023, keeping the top-selling automaker crown to itself. lakh units. per cent to 1.12 per cent to 11.5

Toyota 52