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The 12 th Five-year Plan for China’s autoindustry reportedly will make developing new-energy vehicles the top priority. China is targeting annual new-energy automobile sales of 1 million units by 2015, according to the China Association for Automobile Manufacturers. People’s Daily.
China is targeting the cumulative production and sales of more than 5 million new energy vehicles, including fuel cell vehicles, by that time as well. However, generally speaking, the government continued, China has not achieved a breakthrough with new energy automobiles and core components of the key technologies.
View Personalised Offers on Check Offers Skoda Auto India, the Czech automobile manufacturer under the Volkswagen Group, claims there is no disruption to its production operations due to the ongoing rare earth magnet crisis that has resulted in the Indian automobileindustry hitting the panic button and lobbying the government seeking a resolution.
With electromobility, the automobileindustry faces a fundamental technological upheaval.Our path leads away from oil, to emission-free mobility, and the electric car plays a key role.CO However, Winterkorn said, VW, and the German autoindustry in general, abandoned the early advantage and work in electromobility.
China is the world’s largest producer of electric vehicles. Judging from the customs data for the first eight months of this year, the contribution rate of my country’s new energy vehicle exports to the growth of automobile exports reached 26.7%, becoming a new bright spot in the foreign trade of the automobileindustry.
Hondas CEO, Toshihiro Mibe, explained, At this time of change in the automobileindustry, which is said to occur once every 100 years, we hope that Mitsubishi Motors participation in the business integration discussions of Nissan and Honda will lead to further social change. And its not only in China.
As a subscriber, you can receive our free weekly ChinaAuto News, which keeps you informed the latest developments of Chinasautomobileindustry. As a subscriber, you can receive our free weekly ChinaAuto News, which keeps you informed the latest developments of Chinasautomobileindustry.
In late 2008, BYD started selling the first production PHEV in China. The XHT is a new generation of plug-in hybrid drive train ready to multiply the gas mileage of any SUV or any standard sedan." ( Company PressRelease ) BYD Auto top 2/3/08 BYD Auto Co., BYD also developed the motors and software for the system.
A recent report from the Environmental Defense Fund indicates that electric vehicle sales volumes are growing at a rapid pace, signalling an epochal shift in the autoindustry over the next decade. There is no longer any dispute that the automobileindustry is transitioning to electric vehicles.
they didnt consider the fact that China was a nation with a appetite that would have well made the EV1 a profitable venture even if the cars tragically lasted longer, and cost less to build and maintain. JUST TRYING TO MILK and Suck as much from the fall of the Autoindustry as possible. was a danger to their bottom line.
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