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BYD and UzAuto to form NEV production JV in Uzbekistan

Green Car Congress

The new joint venture company, which will manufacture best-selling NEVs including the DM-i super hybrid models and related parts, is anticipated to be based in Uzbekistan. Founded in 1995, BYD is a leading NEV (plug-in hybrids and battery-electric vehicles] manufacturer.

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Mercedes CEO Says Brand Sticking With China for the Long Haul

The Truth About Cars

Both markets remain extremely important, though China seems to be the one poised for the most growth in the years to come.& brands like General Motors also have a lot riding on relations remaining copesthetic with China. Often presented as a trade organization, it’s effectively a stop gap for U.S. influence.&

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GM Korea introduces Alpheon eAssist; 25% improvement in fuel economy

Green Car Congress

179 hp at 6,700 rpm; 233 N·m torque) supplemented by a small Li-ion battery pack and a 17.6-kW, N·m electric motor generator. General Motors launched the Buick LaCrosse with eAssist in China on 25 August. Vehicles and kits from GM Korea are offered in more than 150 markets on six continents. Earlier post.).

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Nearly one in five cars sold worldwide in 2023 was electric: IEA | Autocar Professional

Baua Electric

These trends indicate that growth remains robust as electric car markets mature. Battery electric cars accounted for 70% of the electric car stock in 2023, states the IEA annual report of the EV global parc. While sales of electric cars are increasing globally, they remain significantly concentrated in just a few major markets.