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Saab Automobile enters agreement with Hawtai Motor Group on strategic partnership

Green Car Congress

and Saab Automobile AB (Saab Automobile) have signed an agreement with Hawtai Motor Group Company Limited (Hawtai). With Hawtai’s clean diesel engine technologies and production capacity, and its ambitious development programs, we have found the right partner to develop the Saab business and build a solid relationship.

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China publishes plan to boost fuel-efficient and new energy vehicles and domestic auto industry; targeting 500K PHEVs and EVs in 2015, rising to 2M by 2020

Green Car Congress

The central government’s plan, posted on its website, is targeting the production of 500,000 plug-in hybrid and electric vehicles by 2015, with output to grow to 2 million units of those types by 2020. Energy-saving and new energy vehicles have become the development direction of the international automobile industry.

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Financially troubled Enovate reportedly close to getting life-saving money

CN EV Post

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

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Geely raises $400M via Green Bonds sale to develop and produce TX5 range-extended electric London taxis

Green Car Congress

China’s Zhejiang Geely Holding Group (ZGH) has raised $400 million through the first Green Bond sale on the offshore market from a Chinese automobile company to support the design, development and production of range-extended electric vehicles by its UK subsidiary, the LondonTaxi Company (LTC), manufacturer of the iconic London Black Cab.

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PSA Group and Dongfeng Motors to design electric version of Common Modular Platform; global B- and C-segment EVs from 2019

Green Car Congress

PSA Group and Dongfeng Motors (DFM) have deepened their strategic partnership with the signing of a new agreement to design an electric version of the Common Modular Platform (CMP), which they have been developing jointly since April 2015. Best practices will also be shared in each area of HR to identify potential areas of cooperation.

2019 150
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Chinas Largest EV Charging Stations Open in Shenzhen

Green Car Congress

The station is large enough to simultaneously serve 12 automobiles. The Hexie charging station is equipped with 3 express chargers and can accommodate 6 automobiles. By 2012, more than 24,000 new-energy vehicles will be in use Shenzhen, increasing to 100,000 by 2015—about 6% of the current number of vehicles in Shenzhen.

China 199
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USDA provides $91M loan guarantee to Cool Planet for biogasoline blendstock plant; biomass pyrolysis and catalytic conversion

Green Car Congress

Fuel produced from the pilot plant has been fleet-tested in a blend formulation in several standard configuration automobiles. Construction of the initial plant is expected to be completed by the end of 2015 with commercial operations beginning in early 2016. The Cool Planet process is widely tunable in the produced biochar/fuel ratio.