Green Car Congress
MAY 7, 2009
Bolstered by government stimulus plans, sales of autos in China likely reached a record high of 1.15 million units, according to estimates from the China Association of Automobile Manufacturers (CAAM). Sales of China’s Chery, which makes cars with small engine capacities, hit a record high of more than 42,000 units in April.
Green Cars News
AUGUST 4, 2009
It seems a spark is needed to get us back to the showrooms – so are the leading manufacturers right to put their faith in green cars? Late last week it raised its full-year profit forecast on the hope that green stimulus efforts around the world will push consumers to offload older vehicles in favour of newer, more eco-friendly alternatives.
Revenge of the Electric Car
MAY 17, 2010
In China, leading automakers BYD and Chery have announced plans to roll out their own electric models within the next two years. The firm eTec got $100 million in funding from the US Department of Energy through the stimulus bill. Investors, too, are excited. Electric-car ventures made up nearly 40 percent of $1.9
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