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Hyundai seeks to restore market share in China with new EV brand

Teslarati

Hyundai seeks to restore its market share in China with a new electric vehicle (EV) brand. a 50-50 joint venture between Hyundai Motor and BAIC—announced a new project to develop an electric vehicle brand exclusive to the Chinese market. Tesla China accounted for 22.5% Hyundai’s annual output in China peaked in 2017 at 1.6

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Buick debuts V2X technology in China; first V2X vehicle to roll out by year end

Green Car Congress

Later this year, Buick will become the first brand in China officially to roll out the market-ready technology on a production vehicle, a Buick GL8. The market-ready V2X technology incorporates vehicle-to-vehicle (V2V) technology and vehicle-to-infrastructure (V2I) solutions. Past work on V2X in China.

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Groupe Renault changes China strategy: light commercial vehicles and electric passenger cars

Green Car Congress

Groupe Renault is setting a new strategy for China, based on Electric Vehicles (EV) and Light Commercial Vehicles (LCV). With 860,000 electric vehicles sold in China in 2019, China is by far the largest EV market in the world. EV sales are expected to reach 25% of the Chinese market by 2030. LCV market.

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GM China sales top 4M vehicles for the first time in 2017; SUV sales up 37%

Green Car Congress

General Motors and its joint ventures sold more than 4 million vehicles in China for the first time in 2017. China was GM’s largest retail market for the sixth consecutive year. In 2017, GM added 18 new and refreshed models in China. GM’s SUV sales in China surged 37% last year. million units.

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The ICCT: Nearly half of the world’s EVs are in 25 cities; China leads the way

Green Car Congress

As of the end of 2017, these 25 cities were home to nearly 1.4 These 25 cities, representing just 12% of world passenger vehicle sales, account for 44% of the world’s cumulative electric vehicle sales through 2017. Cumulative electric vehicle sales and 2017 passenger vehicle sales in top global electric vehicle markets.

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IDTechEX: solid-state battery market will grow to $8B by 2031

Green Car Congress

A new report from IDTechEX forecasts the solid-state battery market will grow to $8 billion by 2031. The car plug-in market will take the largest share (66%) in 2031, followed by smartphone applications. Lithium-ion battery manufacturing has been dominated by East Asia, with Japan, China, and South Korea playing a significant role.

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GM’s China JVs investing $12B between 2014-2017 to expand; GM outlines China market trends

Green Car Congress

In conjunction with the start of Auto China 2014 in Beijing, GM China President Matt Tsien announced that GM’s China joint ventures will make capital expenditures of about $12 billion between 2014 and 2017. China has been GM’s largest market since 2010, last year accounting for about one-third of its global sales.

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