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China Forecast to Produce 12M Vehicles This year

Green Car Congress

China is forecast to produce a record 12 million vehicles this year, according to an official with the National Development and Reform Commission (NDRC). Sales of China’s domestically-made automobiles totaled 1.09 In January, China cut the purchase tax on passenger cars to 5% for models with engine displacements of less than 1.6

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The unedited numbers at the microchip dearth: Outlook improves

Baua Electric

As disruptive as the worldwide provide shortages of microchips proceed to be for auto manufacturing schedules, the outlook simply brightened a notch. AutoForecast Answers, which has tracked misplaced automobile manufacturing weekly because the chip dearth started in 2021, has diminished its estimate for overall 2023 manufacturing unit cuts.

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The unedited numbers at the microchip lack: outlook improves

Baua Electric

As disruptive as the worldwide provide shortages of microchips proceed to be for auto manufacturing schedules, the outlook simply brightened a notch. All past lengthy, the company has held to a forecast of two.8 8 million misplaced automobiles globally for 2023. It has now diminished that estimate to two.6 6 million.

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Renault-Nissan Alliance and Dongfeng Motor Group form new JV to co-develop electric vehicles in China

Green Car Congress

(eGT), will focus on the core competencies of each partner and will harness the full potential of the Renault-Nissan Alliance electric vehicle leadership, as well as the resources of Dongfeng in the new energy industry, to meet the expectations of the Chinese market. Start of production of the new EV is forecast in the year 2019.

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NIO keeps goal of doubling sales this year despite price war causing greater challenges

CN EV Post

NIO (NYSE: NIO) is confident it will see sales double this year, despite a rare price war that disrupted the Chinese auto industry in the first quarter. percent from February, according to data released by the China Passenger Car Association (CPCA) on April 10. Photo taken by CnEVPost.) percent year-on-year and 23.6

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

Setec Powerr

In 2021, one out of every ten cars sold in China will be a new energy vehicle. In addition to deploying the Chinese market, Total Energy’s charging pile business also involves important cities in many countries such as the Netherlands, Belgium, France, the United Kingdom and Singapore. million, accounting for only 1.6%

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Dark Secrets at The Heart EV Supply chain We Often Fail to Address

Get Electric Vehicle

We all believe that an electric vehicle is much more eco-friendlier than a conventional gasoline car. Yes, They Are Greener But… On the surface, EVs are more ecological than gasoline cars because 70-80% of the pollution caused by automobiles comes from their tailpipe and EVs don’t have tailpipe emissions.