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Lux: plug-in vehicle battery market to hit $10B in 2020; 6 carmakers = 90% of demand; VW to show most growth

Green Car Congress

Led by Tesla, China’s BYD, and Volkswagen, the battery market for plug-in vehicles will rise to $10 billion in 2020, with electric vehicles (EV) emerging as the drivetrain of choice, according to a new forecast by Lux Research. Plug-in hybrid electric vehicles (PHEVs) will do well in unit sales, accounting for 740,000 of 1.5

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BYD’s Qin plug-in hybrid the best selling automotive EV in China

Green Car Congress

2 nd -generation Dual Mode (DM II) plug-in hybrid system of the Qin. BYD’s second-generation Dual-Mode, plug-in hybrid electric sedan Qin has posted a second month of strong sales in February. In the first weeks of 2014, more than 6,000 Qin vehicles were sold, accounting for more than one-half of the Chinese new-energy vehicle market.

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BYD, Toyota jointly to develop battery electric vehicles for Chinese market

Green Car Congress

The two parties will jointly develop sedans and low-floor SUVs as well as the onboard batteries for these vehicles and others with the aim to launch them in the Chinese market under the Toyota brand in the first half of the 2020s. In 2008, BYD became the first company to sell mass production of plug-in hybrid electrified vehicles (PHEVs).

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BYD sells 18,220 EVs in China in November, up 128% year-on-year

Green Car Congress

Chinese automotive manufacturer BYD sold 18,220 pure-electric passenger vehicles in November, up by 22.1% November sales of plug-in hybrids passenger vehicles hit 7,333, up by 2.9% Sales of pure-electric vehicles and plug-in hybrids January-November 2020 were 139,246 and 69,390, respectively, down by 19.9% from a year earlier.

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BYD, Toyota to establish joint company for battery-electric vehicle research and development

Green Car Congress

BYD was founded in 1995 as a battery business and has grown into a total energy solution company, manufacturing not only electrified vehicles but other products such as large-size energy storage cells. In 2008, BYD became the first company to sell mass production of plug-in hybrid electrified vehicles (PHEVs).

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China EV maker Nio has completed 40 mn battery swaps so far – ET Auto

Baua Electric

Chinese electric vehicle maker Nio has completed 40 mn battery swaps so far, CEO William Li said on Thursday, replacing depleted batteries with fully charged packs, rather than plugging the vehicle into a charging point. Nio is one of a handful of EV makers betting on battery swapping as a major power option for EVs.

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Mercedes introducing EQB compact electric SUV in Shanghai

Green Car Congress

Ltd (BBAC), a joint venture between Daimler and its Chinese partner BAIC Group. Ltd (BBAC), a joint venture between Daimler and its Chinese partner BAIC Group. Following the EQA 250 (combined electrical consumption: 15.7 kWh/100 km) it is the second fully electric compact car from Mercedes-EQ. kWh/100 km, range 419 km (260 miles).

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