Baua Electric

APRIL 22, 2024

More than 1 in 5 cars sold globally this year is expected to be electric, with surging demand projected over the next decade, says a new International Energy Agency (IEA) report. The latest IEA Outlook report asserts that global EV sales are set to remain “robust” in 2024, reaching around 17 million by the end of the year.

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Global Sale Solar Cars 52

Baua Electric

FEBRUARY 29, 2024

“World over, the industry is building resilient supply chains by reducing overdependence on any particular country or geography,” said Shradha Suri Marwah, president of ACMA. Automakers and their suppliers are likely to make this investment between FY24 and FY28, industry body Automotive Component Manufacturers Association ( ACMA ) said.

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Auto Industry Auto Industrial Industry 52

Green Car Congress

FEBRUARY 28, 2019

Among the coming developments, the Volkswagen Automotive Cloud will be extended step-by-step to further regions of the world and to be available in Europe, China and the USA—the core markets for the future full-electric, fully connected ID. Volkswagen is preparing its digital ecosystem for the core markets of the future ID.

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Future Europe China Market 220

My Electric Car

JANUARY 12, 2023

The Japanese auto industry is facing a potential demise due to its slow adoption of electric cars. However, the Japanese auto industry has been slow to adopt this technology, and has not been able to keep up with the competition from other countries.

Auto Industry 40

Auto Industry Auto Industrial Industry 40

Green Car Congress

JULY 9, 2012

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.

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Baua Electric

FEBRUARY 1, 2024

Hyundai is set to launch a new EV brand as it looks to gain its share of the largest market globally. China is the undisputed EV market leader. Fully electric vehicles accounted for over 23% of new car sales last year in China, with 6.68 That’s up from 12% just two years ago and around a third of the global market.

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Hyundai Market China BYD 52

Green Car Congress

APRIL 21, 2014

In conjunction with the start of Auto China 2014 in Beijing, GM China President Matt Tsien announced that GM’s China joint ventures will make capital expenditures of about $12 billion between 2014 and 2017. China has been GM’s largest market since 2010, last year accounting for about one-third of its global sales.

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China GM 2014 2017 186

Green Car Congress

JULY 15, 2018

Automobile modular architectures—for example, TNGA of Toyota, and MQB, MLB and MEB of the Volkswagen Group—hav become a major trend in the auto industry. The BMA platform will be applied to Geely’s overseas subsidiary brands as well as in China.

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Automobile SUV Global South America 170

Green Car Congress

NOVEMBER 7, 2021

positioning BYD as a dominant player in China’s plug-in hybrid vehicles market. Globally, the DM-i model also holds an important position. The Qin Plus DM-i and Song Plus DM-i took the 4 th and 8 th places, among PHEV market worldwide in August with sales of 13,043 and 8,731 units respectively. BYD’s e-platform 3.0

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BYD Sale Plug-in Standards 448

Green Car Congress

FEBRUARY 3, 2015

IHS Automotive forecasts global automotive sales for 2015 to reach 88.6 However, a slowdown is being signaled with just two of the high-potential BRIC markets likely to see increased sales this year. However, a slowdown is being signaled with just two of the high-potential BRIC markets likely to see increased sales this year.

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2015 Light Market Global 150

Green Car Congress

NOVEMBER 8, 2017

a new 50:50 joint venture that will offer a range of stylish and affordable all-electric vehicles for consumers in China under a new indigenous brand. Pending regulatory approval, the new JV will design, build, market and distribute all-electric passenger vehicles for China, the world’s leading electric vehicle market.

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China Ford T600 Chinese 150

Baua Electric

JANUARY 31, 2024

Germany is Europe’s biggest auto market, and it’s been one of the main drivers of EV growth. Germany’s VDA, an interest group for the country’s automobile industry, says that battery-powered vehicles are likely to see a decline from 524,000 units last year – more than any other European market – to 451,000 units this year.

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Market Germany Mercedes BMW 52

Green Car Congress

NOVEMBER 9, 2019

Celebrating the start of pre-production, a first China-specific all-electric Volkswagen ID. The Volkswagen Group projects a total volume of 22 million all-electric cars worldwide by 2028, with more than 50 percent of that from China. family in China as well, a brand-new generation of fully electric and connected vehicles.

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China 2020 Production Vehicles 170

Green Car Congress

APRIL 1, 2020

The COVID-19 has hit the Chinese EV sector hard; CRU, a provider of business intelligence on the global metals, mining and fertilizer industries, believes that weak sales will last at least until early Q2 2020. EV sales in China dropped 75.2% for the whole Chinese auto industry.

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Chinese Sale China 2020 221

Teslarati

JANUARY 6, 2023

This is despite the near-constant supply shortages that have plagued (and continue to plague) the auto industry, notably in Europe. And outside of German sales, the company has witnessed continued strength in the American market, particularly for its newest electric offerings. MBG stock chart by TradingView.

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Porsche Mercedes BMW Market 136

Green Car Congress

FEBRUARY 9, 2020

The results ranged from Germany’s 24% down to 8% in China. Consumers in China, the world’s largest auto market, were the most enthusiastic, at 84%. —Mark Wakefield, global co-leader of the automotive and industrial practice at AlixPartners. China is by far in the lead in that regard.

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Taxi United Kingdom Vehicles Italy 291

Green Car Congress

DECEMBER 17, 2017

Groupe Renault and Brilliance China Automotive Holdings Limited have signed a contract for the formation of a joint venture to manufacture and sell light commercial vehicles (LCV) under the Jinbei, Renault and Huasong brands with the goal of achieving 150,000 sales annually by 2022 and an acceleration of electrifying powertrains.

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China Mitsubishi Chinese Nissan 150

Green Car Congress

AUGUST 16, 2012

GM China Advanced Technical Center’s Cell Fabrication Lab in Shanghai recently produced its first batch of battery cells. The GM China Advanced Technical Center recently produced its first batch of battery cells using advanced fabrication methods, an important milestone in the establishment of its battery material assessment capability.

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GM China Batteries Battery 252

Green Car Congress

APRIL 25, 2017

Industrial and technology group thyssenkrupp has opened a new €10-million (US$10.9 million) development center for engine components in Dalian, China. The center in Dalian will focus on the development of innovative valve train products specifically for the Chinese market.

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China Chinese 2005 CO2 150

Green Car Congress

SEPTEMBER 8, 2014

The University of California, Davis, and the China Automotive Technology and Research Center (CATARC) have entered a new agreement to work together to help speed the commercialization of plug-in and fuel cell electric cars in China. The collaboration is intended to help expand the global market for zero-emission vehicles (ZEVs).

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Davis China Plug-in Plug 210

Green Car Congress

AUGUST 24, 2023

Placed by an alliance of two globally active, well-known automakers, the order encompasses several hundred thousand engines blocks worth a figure in the mid-double-digit million-euro range. KPSNC) in China. The part ordered is a 4-cylinder engine block produced in a high-pressure die-casting process.

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Engine Auto Industry Germany Climate 150

Green Car Congress

APRIL 5, 2022

During the first quarter, the number of cars sold increased gradually to a total of 148,295 cars as the supply chain constraints affecting Volvo Cars and the auto industry continued to slowly ease. of all Volvo cars sold globally during the month. In China, sales declined by 22.6% In China, sales declined by 22.6%

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Volvo Sale Recharge Cars 186

Green Car Congress

MARCH 27, 2020

Further, according to the latest IHS Markit forecasts, the global auto industry will exerience an unprecedented and almost instant stalling of demand in 2020, with global auto sales forecast to plummet more than 12% from 2019 to 78.8 during the global recession in 2008/2009. million units. year over year.

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Gasoline 2020 Gasoline-Electric 2008 269

Green Car Congress

JULY 31, 2011

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 Another market headwind is the stagnant US housing market. billion in 2010 profit on a net margin of 4.6% million in 2012.

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Auto Industry Industrial Industry Auto 199

Teslarati

DECEMBER 1, 2021

Tesla China’s Global Vice President Grace Tao recently visited the China EV100 to discuss key issues about developing the auto market. Tao explained that Tesla China was able to reach such a high production output because of its local supply chain and domestic growth within the country. .

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Tesla China Supplies Auto Industry 145

Green Car Congress

JULY 23, 2010

An editorial in Japan’s Nikkei argues that Japanese automakers need to respond aggressively to compete in the rapidly changing global market for electric vehicles.both Toyota and Honda had until recently thought that the era of hybrids would continue for a while before electric vehicles began to gain popularity.

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Japan China Auto Industry Obama 218

Green Car Congress

OCTOBER 21, 2013

The International Council on Clean Transportation (ICCT) and the China Automotive Technology and Research Center (CATARC) recently finalized a memorandum of understanding detailing the two organizations’ intentions to collaborate on a joint research project analyzing passenger vehicle technologies and costs in China.

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China Fuel Chinese Auto Industry 225

Baua Electric

MARCH 23, 2024

Automakers are fiercely lobbying governments to water down already-compromised emissions rules, but doing so will only lead to their doom as market entrants that are serious about EVs will continue ramping them anyway. The auto industry is electrifying, and all new cars will be electric in the relatively near future.

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Chinese Auto Auto Industry China 52

Teslarati

SEPTEMBER 15, 2023

During the pandemic, Volkswagen fell behind in the Chinese auto market as companies like BYD, Nio, and Tesla took over, with the competition nearly doubling the market’s EV and hybrid offerings (via Bloomberg ). and overseas in Shanghai, China and outside of Berlin, Germany.

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BYD South Carolina Tesla Germany 125

Green Car Reports

NOVEMBER 22, 2017

China's announcement in early September that it planned to set a date to end sales of new vehicles with combustion engines should have rocked the global auto industry. The world's largest car market, at roughly 30 million vehicles a year, will at some point permit only zero-emission vehicles to be sold.

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Market Auto Industry China Auto 73

Setec Powerr

DECEMBER 16, 2022

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 automobile industry.

China 52

China Charging Vehicles Russia 52

Green Car Congress

FEBRUARY 17, 2016

China-based technology company LeEco and Aston Martin have signed a Memorandum of Understanding (MOU) towards the creation of a partnership that will develop a production version of the Aston Martin RapidE electric vehicle concept—a fully electric version of the Rapide S four-door sports sedan. Earlier post.). Earlier post.).

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Aston Martin 2018 Future Market 150

Baua Electric

JANUARY 5, 2024

At a time when global automakers are looking beyond China towards India for a reliable and best cost base, the Minister of Commerce and Industry Piyush Goyal said the Indian auto industry should target to increase their share of exports to at least 50 percent. It should be at least 50 percent.

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India Suzuki Auto Global 52

Teslarati

APRIL 25, 2023

With the popularity of electric vehicles continuously rising, legacy automakers like Honda are reevaluating their place in the general auto industry. Battery electric vehicles (BEVs) are particularly making strides in the global automobile business. China: In early 2024, e:NS2 and e:NP2 will go on sale.

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Electric Motorcycles Motorcycles Honda North America 89

Green Car Congress

JANUARY 22, 2011

Fuel efficiency, safety innovation, and vehicle styling will be the three most important product issues influencing automotive consumer purchase decisions over the next five years, indicating a perceived shift in buying priorities, according to the 12 th annual global automotive survey conducted by KPMG LLP. Investments.

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Global Auto Fuel 2010 218

Teslarati

JULY 14, 2021

Tesla China removed its listing for the MIC Model 3 Long Range Dual Motor in the online configurator. There are only two MIC Model 3 trims available in Tesla China’s configurator now: the Model 3 Standard Range Plus and the Model 3 Performance. After all, the Model 3 and Model Y share similar parts.

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Motor Motors Motoring Range 144

Teslarati

AUGUST 3, 2023

Tesla is the world leader in pure electric vehicles, but in China, the company has a number of strong competitors. These include BYD, which outsell Tesla in China in terms of New Energy Vehicles (NEVs) sales. India is an increasingly important market in the auto industry.

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India BYD Chinese Tesla 98