Remove Auto Industry Remove Building Remove Global
article thumbnail

BYD overtakes Tesla as China’s EV giants dominate global sales

Electrek

The International Council on Clean Transportation (ICCT) just dropped its third annual Global Automaker Rating, showing that Chinese carmakers dominate the zero-emission vehicle (ZEV) space. China now accounts for over 11 million EVs sold annually – over half of global EV sales. ” India’s Tata Motors also hit a turning point.

BYD 139
article thumbnail

China publishes plan to boost fuel-efficient and new energy vehicles and domestic auto industry; targeting 500K PHEVs and EVs in 2015, rising to 2M by 2020

Green Car Congress

2012 Chinese Auto Industry Development Report. The fifth annual report on China’s auto industry—2012 Chinese Auto Industry Development Report—says that the next 20-30 years will be a “critical period” that will see the formation of a global new-energy vehicle industry.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

AlixPartners study finds post-crisis auto industry facing new set of challenges; sales projected below historical levels for foreseeable future

Green Car Congress

Specifically, the firm estimates US auto sales will reach just 12.7 AlixPartners also estimates that on-going unemployment and underemployment could cost the auto industry up to 1.5 —Mark Wakefield, a director in AlixPartners’ Global Automotive Practice. million units in 2011 and only 13.6 million in 2012.

article thumbnail

The $10,000 BYD Seagull EV is scaring the U.S. auto industry

Teslarati

auto market anytime soon , some U.S. Credit: BYD At the same time, many automakers including Tesla are racing to build their next-generation, mass-market EVs, set to first be produced in Texas as soon as 2025 , then later at an upcoming factory in Mexico , and eventually at a yet-unannounced third location.

article thumbnail

Movimento and HCL Partner to deliver global car-to-cloud systems integration and managed services

Green Car Congress

The two companies will offer auto OEMs a one-stop-shop that covers everything from initial system integration to deployment, ongoing operations and customer support globally. By combining forces with HCL, a global $6.2

Global 150
article thumbnail

UK Government pledges £16.5M in new R&D funding to boost low carbon transport innovation; engines, energy storage, PEEM, and lightweighting

Green Car Congress

The aim is to create new low carbon solutions that can position the UK at the global forefront for these specific strategic areas. Projects may also take on higher risk technology challenges to support a higher return on investment for the auto industry and aggressively attack future CO 2 challenges.

article thumbnail

Ford to introduce 7 new electric cars and vans in Europe by 2024; plans for new battery plant

Green Car Congress

The announcement builds on the recent creation of the Ford Model e business unit focused on the design, production, and distribution of electric and connected vehicles ( earlier post ). The acceleration in Europe supports Ford’s goal to sell more than 2 million EVs globally by 2026 and deliver company adjusted EBIT margin of 10%.

Europe 427