Remove 2018 Remove Automobile Industry Remove Market Remove Sale
article thumbnail

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

Green Car Congress

Year-to-date since forming the joint venture, Jinbei brand sales hit 124,900 in September. Liaoning Province is one of China’s new automobile industrial hubs with more than 120 auto & auto-parts manufacturers and is the largest provincial economy of Northeast China. Renault-Brilliance-Jinbei Automotive Co.,

China 207
article thumbnail

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

Green Car Congress

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. New turbo engine.

Plug-in 150
article thumbnail

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

Green Car Congress

The new electric vehicle plant, part of the industrial park, is expected to be completed by the end of 2018 with a total investment of 4.69 Rendering of GAC Motor’s planned industrial park for electric and intelligent vehicles. The move will help promote the development of the automobile industry and drive economic growth.

article thumbnail

Feature: Top 6 Reasons Why an EV Is the Right Choice

Clean Fleet Report

In 2019, the sales of electric vehicles totaled 1.1 This figure represents a 46 peercent increase compared to sales made in 2018. One of the reasons behind the drastic increase in sales was the more affordable price range of the Tesla Model 3, a best-seller in the U.S., Constant price fluctuations power the fuel market.

article thumbnail

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

Green Car Congress

For the Volkswagen Group, China is one of the most important markets in the world. In China, we will see clear double-digit growth in 2009 and expect to remain the market leader in the future. The Volkswagen Group has long been the market leader in China. Tags: China Market Background Vehicle Manufacturers.

China 210
article thumbnail

VW Chief Executive Says Company Will Introduce EVs Based on the Up! New Small Family in 2013; Cautions Against Electro-Hype

Green Car Congress

Winterkorn noted that the industry is experiencing its worst crisis in decades, with a collapse in the global market of 18% in the first half of this year. Although Volkswagen sales were down 5.1% for the first half, in June unit sales rose 6%. We have nine strong brands that work well together. VW and the electric car.

2013 150
article thumbnail

Tesla Aiming For New Milestone Of Two Million Cars

MyEVOnline

On the other hand, BYD’s total production rate also includes the sales of its plug-in hybrid. Only two years ago, in 2018, the company faced its worst year in terms of production. The stock market price surged, and the company started pumping out its electric cars from its second Gigafactory in China.

Tesla 52