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Report suggests low-speed electric vehicles could affect Chinese demand for gasoline and disrupt oil prices worldwide

Green Car Congress

Low-speed electric vehicles (LSEVs) could reduce China’s demand for gasoline and, in turn, impact global oil prices, according to a new issue brief by an expert in the Center for Energy Studies at Rice University’s Baker Institute for Public Policy. “ million of them—roughly 30% more units than conventional electric vehicle makers did.

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BASF to provide sustainable refinish coatings solutions and technical services to Didi’s body and paint shops

Green Car Congress

These products, designed for the Chinese market, will help reduce VOC emissions and meet the stringent standards implemented in various cities in China. DiDi currently has 25 owned body and paint shops in China and will be expanding to more than 200 owned and franchised shops globally by the end of this year. Source: BASF Coatings.

China 221
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Ford introducing new midsize SUV in China; Territory will offer 48V mild hybrid and plug-in hybrid variants

Green Car Congress

Territory customers can choose between a fuel-efficient gasoline engine option; 48V mild hybrid with Miller-Cycle technology; and a plug-in hybrid powertrain when it goes on sale in early 2019. —Peter Fleet, president, Asia Pacific and chairman & CEO, Ford China. million in 2019, from a peak of 2.2 Market background.

Plug-in 186
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Renault-Nissan-Mitsubishi becomes lead investor in China autonomous driving company WeRide.ai

Green Car Congress

will become the first Chinese start-up specializing in L4 autonomous driving to receive investment from and to form a strategic partnership with a global automotive group. as it pioneers such full autonomous systems for the demanding Chinese market-place. The investment in WeRide.ai Utilizing the latest investment, WeRide.ai

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China is exporting so many EVs that it needs more ships – a lot more

Baua Electric

Chinese EV makers are looking to export electric vehicles by the tens of thousands around the globe, but they need a lot more car-carrying vessels to make that happen. China now has the world’s eighth-largest shipping fleet with 33 car-carrying ships, according to data from shipping consultants Veson Nautical and reported by Reuters.

China 52
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Daimler Mobility AG & Geely Technology Group inaugurate ‘StarRides’ premium ride-hailing service in Hangzhou

Green Car Congress

Daimler Mobility AG and Geely Technology Group, a subsidiary of Zhejiang Geely Holding Group (Geely Holding), unveiled the premium ride-hailing provider StarRides in China with inaugural services to begin in Hangzhou in December 2019. Tom Gu joined StarRides on 1 September 2019 as Chief Executive Officer, leading a staff of 80 employees.

China 150
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Mercedes-Benz will be producing 8 all-electric EQ models in 2022

Green Car Congress

In 2022, Mercedes-Benz’ global portfolio will include eight all-electric Mercedes-EQ models. The global Mercedes-Benz production network is ready for the company’s electric product offensive and is integrating its Mercedes-EQ models into series production in its existing plants. Global battery production network.

Mercedes 259