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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

China’s State Council has published a plan to develop the domestic energy-saving and new energy vehicle industry, which includes battery-electric vehicles, plug-in hybrid vehicles and fuel cell vehicles. 2012 Chinese Auto Industry Development Report. Fuel cell stack research.

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Renault CEO calls for Auto European plan to protect against ‘onslaught of EVs from China’

Teslarati

He pointed out that electric vehicles and plug-in hybrids account for 14% of global car sales, led by Asian automakers. million electric vehicles sold in 2023, according to the Chinese Passenger Car Association, or 60% of the global total), it already had [a] market share of close to 4% in Europe in 2022.

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GlobalData: Global automakers earmark nearly US$600B for EVs over next decade

Green Car Congress

Despite being a pioneer in hybrid vehicles, Toyota was slow to implement BEV strategies; President Akio Toyoda announced the bZ EV brand only last year. Prior to this, Toyota had only a few BEV models manufactured with its Chinese partner GAC Group. —Bakar Sadik Agwan. Toyota plans to launch 30 models by 2030.

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BYD celebrates 7 million new energy vehicle (NEV) production milestone

Teslarati

That time has long passed, and BYD’s presence in the hybrid, PHEV, and BEV sector has grown to a point where it has garnered the respect of the global auto industry. As noted by the Chinese automaker in a post on Weibo, its 7 millionth NEV is an N7 SUV from the company’s premium sub-brand Denza.

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Daimler and BYD restructure DENZA joint venture to 10:90

Green Car Congress

and its long-term Chinese partner BYD Auto Industry Co., In 2022, DENZA will introduce new models to the Chinese market and seek further growth opportunities. Daimler and BYD have been long-term partners in the Chinese market. Daimler Greater China Ltd. Earlier post.)

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The révolution is on: France has record year in EV sales

Baua Electric

In 2023, 26% of new cars sold in France were battery electric and plug-in hybrid vehicles, a huge 47% jump from 2022. According to French auto industry group Plateforme automobile and reported by RFI , 26% of new cars sold in France were battery electric or plug-in hybrid vehicles, amounting to 1,774,729 new cars.

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Volvo Buses and SAIC Motors form joint company for new energy driveline systems; electric and hybrid buses

Green Car Congress

Volvo Buses and Chinese SAIC Motors have agreed to form a new joint venture company for driveline systems for new energy buses such as hybrids and electric buses. Accelerating the development of the strategic new energy vehicle industry is a top priority for the Chinese government.

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