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Valeo acquires 80% stake in the Chery Group’s lighting company in China

Green Car Congress

As part of its development strategy in high-growth countries, and particularly China, Valeo has acquired an 80% shareholding in the company Ruby (a lighting specialist) from Chery Technology, a subsidiary of Chinese automaker Chery Automobile. Chery Technology will retain a 20% stake in the company.

Chery 186
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CCM: demand for ternary Li-ion batteries in China to more than double to 10 GWh in 2016 from 4.4GWh in 2015 due to subsidy fraud and response

Green Car Congress

In the wake of the news that five alternative energy vehicle (AEV) makers defrauded the Chinese government of about US$150 million in subsidies, the Chinese government adjusted its subsidy policies for alternative energy vehicles. Subsidy fraud from five Chinese AEV makers in China. billion (US$5 billion) as of the end of 2015.

Li-ion 218
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Novelis breaks ground on automotive aluminum facility in Changzhou, China; $180M investment to double capacity in 2020

Green Car Congress

Novelis, the global leader in aluminum rolling and recycling, broke ground on the expansion of its automotive aluminum manufacturing facility in Changzhou, China. Novelis’ Changzhou plant is the company’s first aluminum automotive sheet manufacturing facility in China. The expansion is expected to create approximately 160 jobs.

China 191
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China to Encourage Consolidation in Auto Industry; Push to Increase Market Share of Domestic Automakers

Green Car Congress

China’s central government plans to implement a new policy in the first half of this year to encourage auto industry consolidation and further the development of Chinese-brand passenger vehicles, an official from the Ministry of Industry and Information Technology said at a recent news conference. of the total. Sales of domestic sedans hit 2.22

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Global Top 20 - December 2020

EV Sales

The Wuling Mini EV secured the Silver medal, beating BAIC's EU-Series yearly score (111k) and becoming the Chinese EV with highest score in one year, while also winning the Rookie of the Year title, ahead of heavyweights like the Tesla Model Y or VW ID.3. In December, the Climber of the Month was the VW ID.3, But more on that later.

2020 98
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When Will EVs Hit Primetime?

Revenge of the Electric Car

In China, leading automakers BYD and Chery have announced plans to roll out their own electric models within the next two years. The third phase will be released around 2015. Still, Chinese auto-makers hesitate to mass-market their electric models domestically. Chinese green-car subsidies on hold.

China 133
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Firm reveals plug-in hybrid projections

Green Cars News

The company suggests that by 2015 a total of 1.7million plug-in hybrid electric vehicles will be on the road worldwide with the United States to be the leading market. So how many plug-in hybrid vehicles can we expect to see on the roads in around five years time?

Plug-in 36