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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.

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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

Market analyst CCM believes that the adjustment will change the market structure and that ternary Li-ion power batteries—i.e., The firm forecasts an immediate boom in demand for ternary Li-ion batteries—mainly used to power alternative energy vehicles—from 4.4GWh in 2015 to 10 GWh in 2016. GEMSEA), Ltd.;

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

Green Car Congress

In recognition of its quality products and outstanding customer service, Novelis received the distinction of “Excellent Supplier” by FAW-Volkswagen in 2014 and 2015, and was awarded the “Strategy Cooperation” award in 2016 and 2017 by Chery Jaguar Land Rover.

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

Green Car Congress

According to sources with knowledge of the new policy, it intends that Chinese-brand passenger vehicles will comprise at least half of vehicle sales by 2015 and sedans made by entirely domestic automakers will have about 40 percent of the nation’s car market. million Chinese-brand passenger vehicles were sold last year, some 44.3%

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Global Top 20 - December 2020

EV Sales

With the overall automotive market in the red (-14% in 2020), added to the amazing recovery of plugins on the second half of 2020, the December PEV share jumped to a record 6.9% share (4.9% BEV) , pulling the final 2020 plugin share to 4% (2.8% BEV) , results that are well above the 2.5% plugin share (1.9% BEV) of 2019. share (4.9%

2020 98
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Here comes another one! China’s Leapmotor plans Aussie attack with BYD-busting prices

EV Central

But while ambitions are laudable if not always achievable, the potential for Leapmotor in Australia will be strengthened with the backing of auto giant Stellantis and its local market knowledge. Established in 2015, Leapmotor is a publicly listed company based in Hangzhou that sold 144,155 vehicles in China in 2023.

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Firm reveals plug-in hybrid projections

Green Cars News

Well, a new report from cleantech market intelligence firm Pike Research may have the answer. 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.

Plug-in 36