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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.

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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.

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Report: China to Introduce New-Energy Vehicle Regulations in 2010

Green Car Congress

Regulations on the development of “new energy” vehicles have been submitted to China’s State Council for approval and are expected to be officially in effect in March 2010, according to a report in Gasgoo citing the National Development and Reform Commission (NDRC). billion and 4 billion WH by 2010. Earlier post.).the

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Ford introducing new midsize SUV in China; Territory will offer 48V mild hybrid and plug-in hybrid variants

Green Car Congress

The Territory is a breakthrough for Ford in China in terms of our ability to successfully compete with Chinese automakers for millions of customers that we do not currently serve. The number of registered passenger vehicles in Chinese cities with no license plate restrictions is expected to soar to about 23.7 million in 2010.

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Tesla Roadster Trio in China gets new high bid, and new details

Teslarati

The trio of Roadsters we’re set to be delivered to a research and development center for a Chinese automotive company. In 2010, the Tesla Roadster was after all a state-of-the-art EV, before the Model S even came out, and would have been of enormous value to an emerging EV company.”

China 100
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Ernst Young Survey Finds Roughly 60% of Chinese Consumers Would Consider Purchasing a Plug-in Vehicle

Green Car Congress

Chinese consumers led in their consideration of a plug-in vehicle purchase. Click to enlarge. According to a new survey by Ernst & Young’s Global Automotive Center, roughly 60% of respondents in China said they would consider purchasing a plug-in hybrid or electric vehicle. Mike Hanley.

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Deutsche Bank CCA report highlights Chinese global leadership toward a low-carbon economy; 12th Five-Year Plan

Green Car Congress

According to Hu Angang of the Chinese Academy of Sciences, 33.3% DBCCA notes that this allocation of capital is consistent with plans announced in June 2010 that China would direct RMB 5 trillion (~US$765 billion) into the decarbonizing process. in the prior 11 th Five Year Plan. of total generation. billion) over the next five years.

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