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Daimler takes 12% stake in Chinese parter BAIC Motor; first non-Chinese automotive company to acquire an interest in a Chinese OEM

Green Car Congress

This marks the first investment by a non-Chinese automotive company in a Chinese OEM. The official closing of the transaction followed a short time after the signing of the investment agreement between the two companies in Stuttgart earlier this year and a smooth approval by the relevant Chinese authorities.

Chinese 259
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Volkswagen Group and Chinese manufacturer Ganfeng sign memorandum of understanding for long-term lithium supplies

Green Car Congress

GFL is the world’s leading lithium compounds and metal manufacturer and dually listed on Chinese A share in 2010 and Hong Kong H share in 2018. In addition to the arrangements on lithium supplies, Volkswagen and Ganfeng also agreed to cooperate on future topics such as battery recycling and solid-state batteries.

Chinese 268
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Nissan and Honda may team up to slash EV prices and take on Chinese automakers like BYD

Baua Electric

Nissan and Honda are considering teaming up to introduce more affordable EVs to compete with Chinese automakers like BYD. The aim is to reduce EV prices as the automakers look to Chinese automakers with low-cost models like BYD. Once viewed as an EV pioneer with the launch of the LEAF in 2010, Nissan is now falling behind the market.

BYD 52
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ABB launches first DC fast charger compliant with Chinese GB standard

Green Car Congress

ABB launched Terra 53 Z, its first high power DC fast charger that complies with the Chinese GB standard. In addition to launching the Chinese DC fast chargers, ABB has decided to install electric vehicle charging equipment at selected offices in Shanghai and Shenzhen to facilitate charging for local staff who drive electric vehicles.

DC 253
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Air pollution regulations over last decade in Chinese city has halved health costs

Green Car Congress

As a result, concentrations of particulate matter (PM 10 ) declined by more than half, from 196 µg/m 3 in 2001 to 89 µg/m 3 in 2010, as measured at eight sites throughout the city. Our results suggest that the air quality improvement from 2001 to 2010 resulted in substantial health benefits. billion Yuan, or approximately $621 million.

Pollution 218
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Comment on Nio App stops showing delivery wait times as Chinese New Year holiday approaches by John Hanna

CN EV Post

TSLA : (split-adjusted) $1.28 - $14.47 = UP 1030% (July, 2010 to Dec, 2015) NIO's share value growth (ahem) has never followed TSLA's price growth trajectory. NIO: $9.90-$5.54 = DOWN 44% IPO to last Friday's close.

Chinese 97
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AVL Presenting Fuel Cell Commuter at Expo Shanghai 2010

Green Car Congress

AVL is presenting an electric vehicle with a fuel cell range extender at the Austria Tec Week within the scope of Expo Shanghai 2010. The first project with a Chinese customer started in 1974 and in 1987 the first AVL office opened in Beijing. AVL has been engaged in business activities in China for more than three decades.

2010 210