Green Car Congress

FEBRUARY 1, 2013

According to a new binding agreement, Daimler AG will invest in BAIC Motor, the passenger car unit of BAIC Group. Daimler’s investment will take place through the issuance of new shares corresponding to a 12% stake in BAIC Motor. Daimler’s shareholding in BAIC Motor is subject to the approval by the relevant authorities.

Motor 247

Motor Motors Motoring Mercedes 247

Green Car Congress

SEPTEMBER 22, 2021

JJE brings more than 10 years of experience in electric motors and power electronics, as well as central- and direct-drive electrified propulsion architectures. Together, the companies will further define product portfolio scope, manufacturing locations and supporting resources to be provided by each party.

Commercial 296

Commercial Global Market Vehicles 296

Baua Electric

APRIL 5, 2024

Hyundai Motor Group, including Kia, is using affordability to gain market share in the US. With low-cost electric cars, Hyundai Motor , along with Kia, surged past American automakers Ford and GM in the US EV market in the first three months of 2024. 305 $51,265 SE Dual Motor AWD 77.4 316 $47,065 SEL Dual Motor AWD 77.4

Affordable 52

Affordable Kia Hyundai Boston Consulting Group 52

Green Car Congress

SEPTEMBER 10, 2018

Farasis Energy, a global developer and manufacturer of lithium-ion cells, modules and large battery systems, recently completed C-round financing exceeding 1 Billion US dollars. Since 2017 Farasis has regularly ranked first in terms of shipments of NCM-based Li-ion pouch cells to the Chinese automotive market.

Li-ion 239

Li-ion Manufacturer Global Batteries 239

Green Car Congress

MAY 3, 2011

and Saab Automobile AB (Saab Automobile) have signed an agreement with Hawtai Motor Group Company Limited (Hawtai). We expect that Saab’s unique brand values based on its aviation heritage, Scandinavian origins and innovation-driven character will do very well in the Chinese market. Spyker Cars N.V.

Automobile 186

Automobile Motor Motors Motoring 186

Green Car Congress

OCTOBER 9, 2018

There was a $1-billion initial public offering by NIO, a $585-million Series C venture capital round by Guangzhou Xiaopeng Motors and a $294-million pre-IPO round by Zhejiang Dianka Automobile. Looking at the third-quarter global investment figures by type, asset finance of utility-scale renewable energy projects came to $49.3

Clean 259

Clean Cleaning Companies South Africa 259

Green Car Congress

JULY 27, 2016

Zhongshan Broad-Ocean Motor Co., Founded in 1994, Broad-Ocean is a global manufacturer of motors that power small and specialized electric machinery for electric vehicles (EVs), including buses, commercial vehicles and passenger vehicles, and for heating, ventilation and air conditioning (HVAC).

Motor 150

Motor Motors Motoring Fuel 150

Green Car Congress

MAY 12, 2011

and Hawtai Motor Group Company Limited terminated the agreement by and between Hawtai, Spyker and Saab Automobile AB (Saab Automobile) with respect to funding and strategic partnership. To that end Spyker and Saab Automobile are negotiating equity and debt financing and/or technology licensing with various (strategic) Chinese partners.

Motor 199

Motor Motors Motoring Automobile 199

CN EV Post

MARCH 16, 2023

Image from Enovate's Weibo) Enovate Motors, the Chinese new energy vehicle (NEV) startup that announced late last year that it would build a production base in Saudi Arabia, is actually facing financial woes in its home market. Enovate has closed eight financing rounds totaling more than RMB 11.5

Saudi Arabia 54

Saudi Arabia Financing Chinese Building 54

Baua Electric

MARCH 15, 2024

billion) into a financing facility to support exports. The global lithium industry is so interwoven with Chinese capital now that it’s going to be impossible to unpick. In Chile, which trails Australia as the second-biggest producer of lithium, Chinese money is also dominant. Even in Canada, Chinese money has been crucial.

China 52

China Supplies Auto Chile 52

EV Central

MARCH 21, 2024

In the press release announcing the new pricing, MG Motor Australia boss Peter Ciao said this move backed up the company’s support for the federal governmnet’s proposed NVES CO2 reduction scheme. “We MG 2 coming in 2025 to shatter electric car price barrier READ MORE: Park that Toyota Yaris! “Customers like choices.

BYD 97

BYD Price Australia Range 97

Teslarati

SEPTEMBER 27, 2021

A new press release from Polestar shows that the automaker and Guggenheim have already entered into a definitive business combination agreement that will see the two companies merge, similar to how Lucid Motors and Churchill Capital Corp. IV did several months ago. Additionally, Deutsche Bank Securities Inc.

Gore 101

Gore Volvo Financing Electric Cars 101

Green Car Congress

JANUARY 19, 2018

Baidu and BAIC Group have a tie-up to bring the Chinese tech giant’s software to market with the aid of Bosch on the hardware side. In this latest report, General Motors (GM) and Waymo are effectively in a dead heat on the technology front; both companies are on the verge of having production ready AVs suitable for mobility services.

GM 207

GM Tesla Chrysler General Motors 207

Green Car Congress

APRIL 13, 2009

GE Energy Financial Services and GE Capital’s Equity unit provided $15 million of the amount raised by A123 in this financing. With this financing, we will begin an expansion that we expect to accelerate upon receipt of government funds. We’ve accelerated our plans to expand our US manufacturing. Earlier post.) Earlier post.)

Financing 150

Financing Global Chrysler Grid 150

Green Car Congress

OCTOBER 16, 2010

China Minister of Science and Technology Wan Gang said that the country’s annual production capacity for electric motor vehicles will reach 1 million units by 2020. While extolling new energy cars, Wan said promotion of public transportation would also help to ease the problems caused by expanding car ownership in China.

2020 231

2020 China Production 2009 231

Green Car Congress

OCTOBER 5, 2016

In the wake of the news that five alternative energy vehicle (AEV) makers defrauded the Chinese government of about US$150 million in subsidies, the Chinese government adjusted its subsidy policies for alternative energy vehicles. Subsidy fraud from five Chinese AEV makers in China. Shenzhen Wuzhoulong Motors Co.;

Li-ion 218

Li-ion 2016 2015 China 218

Green Car Congress

MAY 13, 2014

To counter this trend triggered by China’s rapid motorization, the Chinese government is adopting a broad range of policies, including improvements in the fuel economy of new vehicles and the promotion of alternative-fuel vehicles, EIA notes. l/100 km) by 2015 and 47 miles per gallon (5.0 l/100 km) by 2020.

Alternative Fuels 218

Alternative Fuels Oil China Fuel 218

Green Car Congress

NOVEMBER 14, 2018

In addition, Zhongshan Broad-Ocean Motor Co., —a current Ballard strategic investor and Chinese partner—has invested a further approximately $20.2 Weichai has made an equity investment in Ballard in the amount of approximately $163.6 million, representing a 19.9% on 29 August 2018. to maintain its 9.9%

Fuel 223

Fuel Power Powered Vehicles 223

Teslarati

APRIL 19, 2021

Information regarding this small but impressive electric car that is a part of an SAIC, General Motors, and Wuling joint venture is vague and usually hard to come by. This car, however, is far from standard and is an economical EV made for short trips, tight finances, and efficiency.

China 145

China Golf Cart General Motors Tesla 145

Green Car Congress

AUGUST 22, 2009

BYD Auto, the Chinese automaker part-owned by a Warren Buffett company, plans to introduce a limited number of its e6 electric crossovers in the US next year, according to BYD Chairman Wang Chuanfu in an interview with the Wall Street Journal. Earlier post.). Earlier post.). The e6 at NAIAS in January. Click to enlarge. Inside the e6.

E6 225

E6 BYD Detroit Financing 225

Teslarati

APRIL 1, 2021

The sources, who opted to remain anonymous due to the deal’s private nature, stated that the company that would be purchasing green car credits from Tesla would be Volkswagen’s joint venture with state-owned Chinese carmaker FAW, called FAW-Volkswagen. Last year, FAW-VW sold 2.16 Don’t hesitate to contact us for news tips.

Standards 106

Standards Buy Tesla China 106

Green Car Congress

APRIL 26, 2010

In view of the dynamic development of the Chinese automobile market, Volkswagen has added €1.6 Growth in the Chinese automobile market has exceeded everyone's expectations”. In 2010, the Volkswagen Group will be launching a total of seven new or updated models produced locally on the Chinese market. billion (US$2.1

China 186

China Audi Automobile Chinese 186

Baua Electric

MAY 29, 2023

Credit score: Sohu Hengchi is an electrical logo beneath Evergrande Crew – Chinese language 2nd greatest actual property developer. Credit score: Sohu Consistent with Sohu Finance, the plant resumed manufacturing of Hengchi 5 on Would possibly 23. Hengchi 5 manufacturing used to be suspended extreme hour on April 25.

Manufacturer 52

Manufacturer Automobile Automobile Industry Corporation 52

Baua Electric

AUGUST 27, 2023

In 2021, XPeng Heitech finished Layout A financing of over 500 million USD. Not like maximum shopper drones, that have most effective 4 motors, the Voyager X2 is an octocopter- every “arm” has a couple of engines and propellers. The title was once not too long ago modified to AeroHT. there is not any wheelbase.

China 52

China Automobile Extended Range Financing 52

Green Car Congress

MAY 27, 2015

At Consumer Electronics Show Asia, Ford launched a strategic collaboration with Haier (home appliance), Trina Solar (solar power) and Delta Electronics (power management) to introduce MyEnergi Lifestyle ( earlier post ) to China, a holistic approach for lowering the energy costs and carbon footprint of Chinese families.

Solar 150

Solar Ford China Chinese 150

Green Car Congress

JUNE 29, 2011

Daimler AG and its Chinese partner Beijing Automotive Industry Corporation (BAIC) signed a strategic framework agreement to further expand their cooperation in China. The signing ceremony was held in the presence of German Chancellor Dr. Angela Merkel and the Chinese Prime Minister Wen Jiabao. Dieter Zetsche.

China 186

China Mercedes Chinese 2010 186

Green Car Congress

JULY 9, 2012

2012 Chinese Auto Industry Development Report. The fifth annual report on China’s auto industry—2012 Chinese Auto Industry Development Report—says that the next 20-30 years will be a “critical period” that will see the formation of a global new-energy vehicle industry. Fuel cell stack research.

Auto Industry 334

Auto Industry Industrial Industry 2015 334

Green Car Congress

APRIL 20, 2011

A newly released report financed by the World Bank and prepared by consultancy PRTM analyzes China’s New Energy Vehicles Program, as well as the Ten Cities, Thousand Vehicles Program, in the context of these megatrends and concludes that the overall value chain shift could favor China from both a technological and supply chain perspective.

China 199

China Global Supplies Vehicles 199

Revenge of the Electric Car

JUNE 1, 2010

Buyers of electric vehicles will receive up to 60,000 yuan ($8,800), and buyers of certain gasoline-electric hybrids as much as 50,000 yuan, under the two-year program set to start this year in five cities—Shanghai, Hangzhou, Changchun, Shenzhen and Hefei—the ministry of finance said Tuesday. Japan’s Nissan Motor Co.,

E6 124

E6 BYD China Chinese 124

Green Car Congress

FEBRUARY 3, 2021

The supply of rare earths has become an increasingly geopolitical issue in the US, Europe and Japan, with Chinese market dominance seen as a supply risk for critical elements including neodymium (Nd), praseodymium (Pr) and dysprosium (Dy).

2020 418

2020 Chinese Supplies 2019 418

MyEVOnline

JULY 28, 2020

However, this time the company has adopted a different strategy to create and finance its product. Byton is a Chinese automotive company that aims to produce a mid-size electric SUV. Lucid Motors was established in 2007. The price will be around $40,000. Fisker Inc. By signing a USD 2.9 However, the news is not confirmed yet.

Los Angeles 52

Los Angeles Fisker Tesla SUV 52

Green Cars News

NOVEMBER 25, 2009

The potential sale of General Motors’ Saab brand has fallen through after Koenigsegg Group AB terminated its agreement to purchase the company. The decision comes just a month after General Motors decided not to sell the Opel/Vauxhall brand – it is currently working on the reorganisation and financing of the brand.

Sale 39

Sale General Motors Automobile GM 39

Green Cars News

AUGUST 23, 2009

The Chinese manufacturer that is part-owned by Warren Buffet will introduce a limited number of the vehicles in the US next year according to BYD chairman Wang Chuanfu in an interview with the Wall Street Journal. The wait will soon be over for US customers eager to get their hands on BYD Auto’s e6 electric crossover.

E6 42

E6 BYD Electric Cars Cars 42

Cars That Think

FEBRUARY 8, 2022

Today, Joby has more than 1,000 employees and it’s backed by close to US $2 billion in investments, including $400 million from Toyota Motor Corporation along with big infusions from Uber and JetBlue. With Joby and its $1.85 One is that, to deal with eVTOLs, the agency has chosen to adapt its existing certification rules.

Taxi 98

Taxi Georgia Miles San Francisco 98

Green Car Congress

JUNE 29, 2015

But suppose your new car is up to current Chinese standards (~35 mpg). Critics will say that more structure and added tracking motors and mechanisms will add to the chance of system failure. They had better think seriously about financing solar and wind arrays. gallons of ethanol to get you as far as a gallon of gas.

Solar 150

Solar Miles Gasoline-Electric MPG 150

Green Car Congress

JANUARY 19, 2013

At least two Chinese automakers are bringing some of their new energy vehicles—hybrid, plug-in hybrid and battery-electric—to two of the major international auto shows in the first quarter of this year. The only Chinese automaker exhibiting in the Detroit show, GAC Group brought three of its newly developed new energy vehicles.

Detroit 261

Detroit Chinese Plug-in Auto 261

Teslarati

FEBRUARY 27, 2024

BYD Executive Vice President and CEO of BYD Americas sat down with Yahoo Finance , and talked about the Chinese automaker’s lack of presence in the US Market and the global electric vehicle (EV) market. Ford and General Motors (GM) announced plans to scale down EV production this year.

BYD 93

BYD Market United States F-150 93