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Fiat Group Automobiles, Chrysler Group International and GAC Group to Produce Jeep vehicles in China for Chinese market

Green Car Congress

Chrysler Group International LLC and Guangzhou Automobile Group Co., Under the agreement, the joint venture, GAC Fiat, will begin localized production of three new Jeep vehicles for the Chinese market, expanding the portfolio of Jeep sport-utility vehicles (SUV) currently available to Chinese consumers as imports.

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LME copper prices hit 7-year high

Green Car Congress

On 4 December 2020, the LME cash price hit its highest level since March 2013, closing at US$7,742/t. (By An unexpectedly strong resurgence in Chinese cathode buying for scrap replacement, improving consumption, restocking and stockpiling purposes. By 10 December, that dropped back to $7,712/t.)

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IEA trims expected growth in oil demand for 2012/2013 by 300K–400K barrels per day

Green Car Congress

The International Energy Agency’s August Oil Market Report (OMR) trims 2012/2013 oil demand expectations by 300-400 thousand barrels per day (kb/d), although annual growth remains in an 800-900 kb/d range both years. This follows baseline data revisions and a weaker economic prognosis for 2012/2013. mb/d in 2013.

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Hyundai showcases RM20e racing midship electric sports car, Prophecy concept EV at Auto China

Green Car Congress

At the 16 th Beijing International Automotive Exhibition (Auto China 2020), Beijing Hyundai Motor Company showcased its RM20e electric racing midship sports car prototype and Prophecy concept EV model, demonstrating the reach of its EV ambitions. The new Tucson as well as new Elantra also made their debuts to Chinese customers.

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National Electric Vehicle Sweden AB acquires assets of Saab Automobile to create new EV company; first model based on 9-3 due year-end 2013/2014

Green Car Congress

National Electric Vehicle Sweden AB (NEVS)—an international consortium formed by Chinese, Japanese and Swedish stakeholders—and the Receivers of the Saab Automobile bankruptcy estate ( earlier post) signed a purchase agreement covering the main assets of Saab Automobile AB, Saab Automobile Powertrain AB and Saab Automobile Tools AB.

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Asian EV Manufacturers You Should Know

Clean Fleet Report

Most people are aware of key players like Hyundai and Nissan, but there are so many other EV manufacturers that are taking over Asia—and possibly set to conquer the international market, including the U.S. It ended production of pure internal combustion engine cars last year. Asia’s EV market is growing rapidly.

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Hyundai Motor unveils China-exclusive “Mistra” mid-size concept at 2013 Auto Shanghai

Green Car Congress

Hyundai unveiled the China-exclusive Mistra concept at the Shanghai New International Expo Center today. Despite its relatively late entry into the Chinese market in 2002 with the establishment of Beijing Hyundai Motor Co. Mistra, slated for production later this year, is positioned between the Sonata and Elantra. Mistra concept.

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