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GAC Group begins construction of $6.5B industrial park for electric and intelligent vehicles

Green Car Congress

China-based automobile manufacturer Guangzhou Automobile Group (GAC Group), the parent company of GAC Motor, has begun construction of a large industrial park for electric and intelligent vehicles as part of its efforts to boost its electric vehicle business. billion yuan (US$679 million). Click to enlarge.

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Renault and Brilliance sign strategic cooperation agreement with Liaoning province, China; 3 new electric LCVs in 2 years

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a joint venture to manufacture and sell light commercial vehicles (LCV), signed a Strategic Cooperation agreement with Chinese officials from Liaoning Province to further accelerate growth of LCVs in China. Renault also confirmed plans for three new electric light commercial vehicles for China within two years.

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Toyota to launch two new plug-in hybrid models in China; Corolla and Levin

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On the eve of the 2016 Beijing International Automobile Exhibition, Toyota announced that it will launch plug-in hybrid versions of the Corolla and Levin—two mass-market models, both of which have conventional hybrid variants—in China during 2018. Click to enlarge. and Sinogy Toyota Automotive Energy System Co.,

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Volkswagen Group to invest more than €9.8 billion in China by 2015; efficient products and production

Green Car Congress

The Volkswagen Group, through its two Chinese joint ventures, will be investing more than €9.8 Five of these plants are due to start production this year: the Urumqi, Foshan and Ningbo vehicle assembly plants as well as component facilities at Changchun and Foshan. By 2018, the workforce is to increase from 75,000 to 100,000 people.

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Continental in strategic agreements with NIO on EVs, Baidu on autonomous driving

Green Car Congress

Continental has signed a strategic cooperation framework agreement with NIO, a global electric vehicle startup. In a first step, Continental will supply vehicle technology such as air suspension systems and tires to NIO’s ES8 electric SUV. Already today, China is one of the leading markets for electric vehicles.

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Volkswagen Group to Invest 4B by 2011 to Expand Activities in China

Green Car Congress

The investments are to be financed from the cash flow of the Chinese joint venture companies. Volkswagen Group China is well on the way to reaching the target of doubling sales to two million vehicles laid down in our Strategy 2018 earlier than planned. —Dr. Tags: China Market Background Vehicle Manufacturers.

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Top 5 Truck Companies in the World With the Potential to Revolutionise the Logistics Sector

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We don’t have to stress the point that, the automobile industry is going all-electric. Earlier, electric vehicles were used extensively in manufacturing plants for material handling and stocking purposes. WATCH] : Top 5 Electric Vehicle Technological Advancements. Daimler Trucks. Daimler Trucks. You may also like.