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

Green Car Congress

The new Alpheon eAssist, which will go on sale in November, offers improved fuel economy of 25% and reduced CO 2 emissions of 22% compared with the standard Alpheon model. 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. Earlier post.).

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Mercedes CEO Says Brand Sticking With China for the Long Haul

The Truth About Cars

brands like General Motors also have a lot riding on relations remaining copesthetic with China. China accounted for 18 percent of revenues and 37 percent of car sales at Mercedes in 2022 and Kallenius predicted more to come. Our sales figures in China are increasing and I am quite optimistic that we will also grow this year.

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

Baua Electric

Electric car sales in 2023 were 3.5 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. In the European Union , sales amounted to 2.4