article thumbnail

SAIC-GM-Wuling starts production at new $1.1B base in Chongqing; initial capacity of 400K vehicles and 400K engines

Green Car Congress

It has an initial annual manufacturing capacity of 400,000 vehicles and 400,000 engines to serve the Chinese market. SAIC-GM-Wuling Automobile Co. SAIC-GM-Wuling) was launched on November 18, 2002. The first phase of production at the Chongqing base represents initial investment of RMB 6.6 billion (US$1.1 SAIC has a 50.1%

GM 199
article thumbnail

Study of Sustainable Value in Automobile Manufacturing Finds Mixed Performance for Most OEMs, BMW and Toyota as the Clear Leaders

Green Car Congress

The authors note that other leading manufacturers including Porsche, KIA or Chinese manufacturers are still not producing sufficient sustainability performance data.). Volkswagen only managed to create significantly positive Sustainable Value in 2001, 2002 and 2007. Click to enlarge. GM achieved a sustainable value of -€9.87

article thumbnail

Hyundai Motor to build 4th and 5th plants in China, bringing capacity to 1.65M units per year

Green Car Congress

will begin building its fourth and fifth plants in China next year to respond to surging demands in the world’s largest automobile market. Small and mid-size models specifically designed for the Chinese market will be rolled out from the plant, starting from the first half of 2017. s capacity to 1.65 million units per year.

Hyundai 150
article thumbnail

Ballard enters strategic partnership with Weichai Power; 19.9% stake in Ballard and new JV; fuel cell commercial vehicles

Green Car Congress

In addition, Zhongshan Broad-Ocean Motor —a current Ballard strategic investor and Chinese partner—has agreed to invest a further approximately $20 million at the same 15% premium to maintain its 9.9% Established in 2002 and with listings on the Hong Kong and Shenzhen stock exchanges, Weichai Power Co.,

article thumbnail

Hyundai breaks ground for third plant in China; total China capacity of up to 1M units by 2012

Green Car Congress

Hyundai Motor Company has begun construction of a third plant in China to respond to growing demand in the world’s largest automobile market. With its expanded capacity, Hyundai aims to be a leading passenger car maker and an exemplary company in the Chinese auto industry. 28 in Shunyi District, Beijing. million units.

Hyundai 199
article thumbnail

Beijing show: Mazda6 replacement confirmed, it’s named EZ-6 and it’s going electric!

EV Central

The original Mazda6 launched in Australia in 2002 and the current third generation in 2012, with a significant update in 2018. The EZ-6 has been developed by Mazda and Chinese partner Chongqing Changan’s joint-venture Changan Mazda Automobile Corporation. READ MORE: Look out, China?

Mazda 100
article thumbnail

Li-ion Manufacturer Boston-Power Names Former GM Senior Executive Bob Purcell to Board; Expansion Into Transportation With a Focus on PHEVs and BEVs

Green Car Congress

From 1994 to 2002, Purcell led the GM Advanced Technology Vehicles Group (GM ATV). Nordic Ecolabel and Chinese EPA CEC Ecolabel accreditation for chemical control during manufacturing and in the final product. Volumetric density of 420Wh/L. 1,000+ cycles at 100% Depth Of Discharge (DOD). 2,000+ cycles at 90% DOD. Earlier post.)

Boston 210