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Li-ion maker Boston Power secures US$290M from two local Chinese governments for expansion

Green Car Congress

The company’s Tianjin facility will grow its capacity to 4GW by 2017, and is expected to reach 8 GWh in manufacturing capacity by 2018. The expansion of these facilities will allow Boston Power to meet the growing demand by leading Chinese automakers in the Yangtze River Delta and throughout the Bohai Gulf in Northern China.

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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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Pike Research forecasts China plug-in market to reach 152,000 units/year by 2017, falling short of government targets; BEVs to dominate

Green Car Congress

PEV Sales in China by segment: 2012-2017. Pike projects the PEV market in China will grow at a compound annual growth rate (CAGR) of 60% from 2012 to 2017, surpassing 152,000 units sold annually by 2017. Battery-electric (BEVs) will outsell. Source: Pike Research. Click to enlarge. BEV/PHEV cars that were.

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Volkswagen Group, Google partnering on quantum computing; traffic optimization, batteries, AI

Green Car Congress

The specialists intend to continue the development of traffic optimization; to explore structures for new materials, especially high-performance batteries for electric vehicles; and to work on artificial intelligence with new machine learning processes. A third project concerns the development of new machine learning processes.

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BYD’s home city in China now has more supercharging plugs than gas pumps

Baua Electric

Photo: Shenzhen Government Online Shenzhen, the home of Chinese EV giant BYD, says it’s become the first in China to have more supercharging plugs than gas pumps. As Electrek reported in April , BYD received direct government subsidies of “at least” $3.7 The city of 12.5

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NEVS and DiDi partner up for future mobility; EV optimized for DiDi services

Green Car Congress

In January 2017, the Chinese government approved NEVS’ application to start production of electric vehicles in its manufacturing plant in Tianjin. In May 2017, NEVS launched a city mobility program with THT to offer car-sharing and ride-hailing solutions in the Tianjin city, with 15 million inhabitants.

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BICV selects BlackBerry to power intelligent cockpit for new Renault Jiangling EV

Green Car Congress

The China-built EV is also being exported to Europe, where it will be used by Renault Group’s subscription-based Mobilize business unit as the go-to vehicle for people working in mobility services – taxis, ride-hailing, private vehicle hires and more.

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