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Groupe Renault changes China strategy: light commercial vehicles and electric passenger cars

Green Car Congress

Groupe Renault is setting a new strategy for China, based on Electric Vehicles (EV) and Light Commercial Vehicles (LCV). With 860,000 electric vehicles sold in China in 2019, China is by far the largest EV market in the world. EV sales are expected to reach 25% of the Chinese market by 2030. Ltd (JMEV). LCV market.

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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. It forecast expansion to 30.6 million automobiles in 2030, when it projected greater than part of automobiles offered in China could be EVs.

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Infineon Technologies and SAIC Motor establish power module JV in China

Green Car Congress

SAIC Motor Corporation Limited and Infineon Technologies AG established a joint venture to manufacture power modules for the developing electric vehicle market in China. This includes the buoyant Chinese market which has become the largest and fastest growing market for hybrid and full electric vehicles in the world.

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IHS forecasts 11% rise in China automotive semiconductor market in 2014 due to safety and navigation features

Green Car Congress

The fast-growing semiconductor market for China’s automotive industry is set for double-digit expansion in revenue this year, propelled by an increasing desire among Chinese car buyers for added vehicle safety features and helpful infotainment applications such as car navigation, according to a new report from IHS Technology (NYSE: IHS).

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Renault and Brilliance sign strategic cooperation agreement with Liaoning province, China; 3 new electric LCVs in 2 years

Green Car Congress

Groupe Renault and Brilliance China Automotive Holdings Limited (Brilliance), who earlier this year formed Renault-Brilliance-Jinbei Automotive Co., Renault also confirmed plans for three new electric light commercial vehicles for China within two years. China is also the biggest, fastest growing EV-market in the world.

China 207
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Nio forecasts Q2 delivery slump as pandemic restrictions subdue manufacturing

Teslarati

China’s Nio said this morning it is forecasting fewer deliveries of its electric vehicles this quarter due to anti-pandemic restrictions, which are weighing on manufacturing and sales. Nio briefly halted production at its factory in Hefei, East China’s Anhui province, for five days. I’d love to hear from you!

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China EV Daly (July 20): NIO’s Energy Week unearths, SAIC-Audi cooperation, Leapmotor’s attainable tech export, Tesla Q3 forecast, NETA S 2024 on sale

Baua Electric

China Securities Magazine [Leapmotor] On July 20, in line with trade insiders, out of the country corporations are lately in talks with Leapmotor, a Chinese language unused power automobile startup, for technological cooperation, and considerable walk has been made.

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