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China to Encourage Consolidation in Auto Industry; Push to Increase Market Share of Domestic Automakers

Green Car Congress

China’s central government plans to implement a new policy in the first half of this year to encourage auto industry 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.

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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

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.

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

Teslarati

Although competitive Chinese automaker BYD isn’t yet slated to enter the U.S. Even despite ongoing political concerns, its entry into North America is considered an eventuality, and other Chinese automakers likely won’t be far behind. auto sector,” the organization writes.

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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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Now that’a a BIG statement! MG promises IM Motors electric luxury IM5 and IM6 will be the most “advanced cars anyone will be able to buy in Australia this year”.

EV Central

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 auto industry marketing spiel. READ MORE: MG-owned IM Motors locked-in for Australia in 2025 with IM5 electric saloon and IM6 SUV READ MORE: Scooped in Melbourne!

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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. Its massive domestic market has helped Chinese automakers build serious momentum. ” India’s Tata Motors also hit a turning point.

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Volkswagen Group launching major electro-mobility campaign in China; $25B on new vehicles, technologies and plants up to 2018

Green Car Congress

Dr. Martin Winterkorn, CEO of Volkswagen AG, on the eve of the Auto China motor show in Beijing. Thanks to the modular strategy, which is also being implemented at our Chinese factories, we can electrify nearly every model in our range: From small cars to large sedans, from pure electric drives to plug-in hybrids.

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