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

Green Car Congress

The planning and construction of this industrial park is a concrete step to implement the Chinese government’s green development goals for Guangdong and the national ‘Made in China 2025’ strategy. The move will help promote the development of the automobile industry and drive economic growth.

Industry 247
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Volkswagen Group and SAIC to produce EVs and PHEVs in China

Green Car Congress

The company said that it will also intensify its local research in the fields of fuel cells and plug-in hybrid vehicles as well. billion) in China planned by the Volkswagen Group together with its joint ventures by 2019. These agreements form part of the total investment of €22 billion (US$24.5 over the previous year. —Prof.

China 150
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2025-2035: Rewriting The Automotive History

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The Electric Vehicle Market Update, the fifth in a series of reports tracking EV growth point outs, The disruption of the supply chain during Covid has affected the automobile industry in the last few years. Also, Global EV sales quadrupled in 2019, while sales in the United States established new highs.