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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. Its massive domestic market has helped Chinese automakers build serious momentum.
According to AGCM, the car makers provided information to customers about “EV driving range, battery capacity degradation, and limitations on standard battery warranties, potentially in breach of the Consumer Code.”
Ward's Auto is reporting that Hyundai and Renault are eyeing a return to the Russian market, assuming that Russia and Ukraine reach a peace deal following the former's invasion of the latter. if the fighting stops, the two global automakers, which left the Russian market due to the conflict, might reenter it.
MG is launching its IM Motors electric luxury sub-brand in Australia with two models, five variants and rhetoric thats super-heated even by the standards of autoindustrymarketing spiel. Only founded in December 2020, its first concepts were presented at the Shanghai auto show in 2021 and its first model went on-sale in 2022.
How Trumps Auto Tariffs Are Reshaping the Global Car Market In an increasingly interconnected world, few industries are as globalized as the automotive sector. borders but across the entire global autoindustry. Heres a deep dive into how these tariffs are shaking up the market. market strategies.
auto production and the supply chain. Trade Representative Jamieson Greer's talks with their Chinese counterparts in Geneva earlier this month. industries. They expressed gratitude for the Trump administration's high-level engagement to prevent disruption to U.S.
governments trade and tariff policies make it seem like well never see Chinese vehicles for sale in our country, but automotive industry executives dont see it that way. A recent survey from Kerrigan Advisors found that 76 percent of automotive leaders believe Chinese automakers will eventually find their way to the States.
China’s central government plans to implement a new policy in the first half of this year to encourage autoindustry consolidation and further the development of Chinese-brand passenger vehicles, an official from the Ministry of Industry and Information Technology said at a recent news conference. of the total.
2012 ChineseAutoIndustry Development Report. The fifth annual report on China’s autoindustry—2012 ChineseAutoIndustry 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.
In this article, I analyze the competitive landscape of electric vehicles (EVs) in China, focusing on the Xpeng Mona M03 and others’ effect on the global automarket. continued] The post How Chinese Cars Like The XPeng Mona M03 Will Impact The Global AutoIndustry appeared first on CleanTechnica.
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. Nonetheless, it continues to forecast Chinese EV sales growth in 2020 over 2019’s total.
In this article, I’m analyzing at a high level what is happening to the autoindustry across propulsion types. continued] The post China & US AutoMarket — ChineseAuto Disrupting Everyone Else appeared first on CleanTechnica.
GTA) to develop the US electric vehicle market. After more than 40 years of development, JAC has achieved an annual production capacity of more than 700,000 vehicles and 500,000 engines, and is ranked in the top 10 in the Chineseautoindustry.
China is the world’s largest automotive market, and understandably so, an important one for electric vehicle (EV) makers like Tesla. Although competitive Chinese automaker BYD isn’t yet slated to enter the U.S. automarket anytime soon , some U.S. auto sector,” the organization writes.
Fleet will also oversee the establishment of a new International Markets business unit, which will initially comprise Ford’s existing Asia Pacific businesses outside of China and other markets globally—the subject of a future announcement. Success in China is critical as we reposition our global business for long-term success.
However, the study reveals there has been an increase in interest in the US and Chinesemarkets. The autoindustry has seen this need to improve familiarity in the past, with some advanced driver assist features such as ACC and even autonomous driving. Source: Ipsos.
The Chinese giant is one of the world’s busiest EV automakers, with almost 1.9 Though enormous, BYD isn’t satisfied with dominating its home market and wants the rest of the Chinese electric autoindustry to come with it. Build Your Dreams, or BYD, is likely one of the largest companies you’ve never heard of.
Therefore, automakers are committing operational investments of nearly US$600 billion to secure their position in the future automotive market, according to GlobalData, a leading data and analytics company. Prior to this, Toyota had only a few BEV models manufactured with its Chinese partner GAC Group. billion investment through 2030.
Starting in 2016, this will be followed by two models developed specially for the Chinesemarket: These are the Audi A6 ( earlier post ) and a new mid-size limousine from the Volkswagen brand, both plug-in hybrids which are being developed together with the joint venture partners FAW Volkswagen and Shanghai Volkswagen and will be produced locally.
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.
(Image credit: CnEVPost) The price war is one of the most talked-about topics in China's autoindustry this month, creating operational challenges for many car companies. Now, an industry association is calling for a return to rationality for all parties to bring order to the market.
However, we find different OEMs have dramatically different approaches—their strategies today will change the shape of the autoindustry in decades to come. Lux Research analysts examined the growing web of cross-cutting industry relationships. Emerging markets pose challenges.
This work will support the development of medium-term energy-efficiency goals for China’s autoindustry, as well as fuel-efficiency targets for light-duty vehicles in 2020 and 2025. The ICCT will contribute a methodology and analytical framework for technology and cost assessment tailored to the Chinesemarket.
Plug-in electric vehicles will play a critical role for the global autoindustry to cope with issues related to fuel supply and environmental sustainability. China, the largest auto production and consumption market, has explicitly made alternative energy vehicle development a state strategy. Earlier post.).
Stellantis appears to be strengthening its ties in China’s automotive industry. Stellantis recently repurchased €934 million in shares from Chineseauto company Dongfeng as per a pre-existing share repurchase framework. billion in Leapmotor , acquiring 20% of the Chinese company and becoming a significant shareholder.
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.
Hyundai Motor Company has begun construction of a third plant in China to respond to growing demand in the world’s largest automobile market. Beijing Hyundai Motor Company (BHMC), a 50-50 joint venture between Hyundai Motor and Beijing Automotive Industry Holding Co., 28 in Shunyi District, Beijing. million units.
and its long-term Chinese partner BYD AutoIndustry Co., Daimler and BYD aim to accelerate the development of DENZA in China’s fast-growing NEV market. In 2022, DENZA will introduce new models to the Chinesemarket and seek further growth opportunities. Daimler Greater China Ltd. Earlier post.)
The program backs automotive companies that offer both green energy initiatives, such as increased fuel efficiency, and new autoindustry jobs in the United States. The DOE offered Fisker Automotive a $529 million loan in 2009 as part of the department’s Advanced Technology Vehicles Manufacturing (ATVM) loan program. Earlier post.)
After its meteoric rise in the global autoindustry last year, the Chinese EV giant is off to a hot start in 2025. Even more impressive, BYDs overseas sales doubled to start the year as it expands into new markets. BYD sold over one million EVs and plug-in hybrids in the first three months of the year.
CATARC is China’s the administrative body that oversees and regulates many activities of the autoindustry in China, the world’s largest new-car market, and in the US. The collaboration is intended to help expand the global market for zero-emission vehicles (ZEVs).
The recent price war in China's automarket has put a new emission standard that will come into effect in a few months' time in the spotlight. CnEVPost obtained the views of several local analysts, which provide references on what impact that new emission standard will have on the autoindustry.
If you look at China and you look at the development of the market here in China, it is an inevitable consequence that the largest automarket in the world is likely going to lead a revolution in automotive paradigms. Because the needs are different in China, and quite frankly, it’s an industrial development plan.
Consumers in China, the world’s largest automarket, were the most enthusiastic, at 84%. Though 58% of Chinese said they were confident in higher-level AVs’ ability to navigate safely from one place to another, responses in the other five countries ranged from 36% down to just 18%.
I think Chinese should be a bit more clever.and stop this fight between themselves and leverage their position to win overseas markets. A +1 billion market.only one winner?
This latest Eaton supercharger application will be the first on a Chinese-produced vehicle. Fuel savings and emission reduction are the new themes for China’s autoindustry. We are pleased to cooperate with Eaton and bring these high-performing superchargers to the China market. Tiggo, 1.3S A3 and Riich 1.3S
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. and board director of Zotye Auto. Zotye Auto is a pioneer in the Chinese all-electric vehicle segment. Earlier post.). —Peter Fleet.
The 2011 KPMG survey also finds the autoindustry heavily investing in future technology, new products and safety improvements. With regard to investment in global growth markets, respondents predict increased investment in China (58%), India (50%), Brazil (41%) and Russia (33%). US automaker gains in market share.
It focuses its investments on strategic technology trends transforming the autoindustry, such as artificial intelligence, electrification, autonomous drive and digital mobility services. The Volvo Cars Tech Fund was launched earlier this year and aims to invest in high-potential technology start-ups around the globe.
Hyundai seeks to restore its market share in China with a new electric vehicle (EV) brand. a 50-50 joint venture between Hyundai Motor and BAIC—announced a new project to develop an electric vehicle brand exclusive to the Chinesemarket. The South Korean automaker is working with BAIC on its goal. This week, Beijing Hyundai Co.—a
announced last month that it had achieved an important automotive-grade certification, Production Part Approval Process (PPAP), for THINK and had begun shipping battery packs to be installed in THINK vehicles for commercial sale in European and North American markets. Ener1’s principal operating subsidiary, EnerDel, Inc., Earlier post.).
The Chinese LCV market is reaching upwards of 3 million units annually. We see China not only as the biggest car market worldwide, but also as a trend setter for the autoindustry. It will change the map of the Chinese and even global LCV market.
The center in Dalian will focus on the development of innovative valve train products specifically for the Chinesemarket. In recent years the Chinesemarket has become more important for the Group’s automotive activities. —Karsten Kroos, CEO of thyssenkrupp’s Components Technology division.
While many automakers now view autonomous driving products as the autoindustry’s future, recent history has shown that it can be a highly volatile market. It is unclear if Volvo’s investment will result in the technology being shared with its primary shareholder, Chinese automaker Geely Motors.
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