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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.
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.
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.
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 autoindustry 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!
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.
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.
General Motors China is fabricating and testing prototype battery cells and complete systems at its Advanced Technical Center in Shanghai to support GM researchers and engineers in the development of next-generation vehicle battery systems. Click to enlarge. —John Du, Director of GM China’s China Science Lab. 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. Dongfeng Motors Corporation Ltd. Stellantis invested €1.5
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.
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. Among their findings: General Motors leads the partnership race.
The way cars are used here, the ways in which cars interact with the environment, the way in which human beings reside in urban centers in China are profoundly going to seed the development of the autoindustry in every other part of the world. China wants to lead a revolution in transportation, not follow. Private sector.
Ford Motor Company and Zotye have agreed to establish Zotye Ford Automobile Co., The all-electric vehicles produced by the JV will be sold under a new Chinese brand designed to meet Chinese consumers’ aspirations for electric vehicles. Zotye Auto is a pioneer in the Chinese all-electric vehicle segment.
Ford Motor Company is reorganizing its Asia Pacific operations. Ford says that creating a Ford China business unit will allow for greater focus on the market, faster decision making and increased Chinese leadership within the company.
Iain Curry’s best electric car of 2024: Volvo EX30 The EX30 were testing here is significant because as its name suggests – its the only one with two e-motors, is therefore the flagship and costs the most at $71,290 plus on-road costs. The dual motor powertrain brings with it 315kW/543Nm and a claimed 0-100km/h time of just 3.6
The 2011 KPMG survey also finds the autoindustry heavily investing in future technology, new products and safety improvements. Honda ranked seventh, ahead of Ford, and Toyota ranked ninth just ahead of General Motors. Investments. The outlook marks a significant turnaround in their expectations from a year ago.
It may already be the world’s largest car market, but according to People’s Daily China’s love affair with the motor car has only just begun. Tags: Green cars Latest news China China autoindustryChineseautoindustryChinese car ownership Wang Fuchang.
The country’s tech, automotive, and manufacturing industries have become juggernauts in their respective sectors, and the Chineseautoindustry has solidified itself as a global force. China had long been a sort of a sleeping giant in the world economy, though it hasn’t been so sleepy over the last few decades.
The Texas-based automaker updated its Model 3 order page and decreased the prices of the Rear Wheel Drive (RWD) and Dual-Motor All Wheel Drive (AWD) variants by 3.87% and 5.93%, respectively. As of this writing, the Tesla Model 3 Highland RWD starts at RMB 245,900, while the Dual-Motor AWD costs RMB 285,900 before options.
The LDV eT60 will become the first electric ute on sale in Australia when it arrives in dealerships in November as part of three-pronged EV attack from the Chinese brand. The Australian autoindustry is at a crucial pivot point and embarking on a journey many countries commenced years ago.
—a 50-50 joint venture between Hyundai Motor and BAIC—announced a new project to develop an electric vehicle brand exclusive to the Chinese market. of company’s overall revenue in 2023 The Chineseautoindustry will closely watch Hyundai’s project with BAIC. Tesla China accounted for 22.5%
Earlier this month, Chinese automaker BYD announced it would enter South Korea’s passenger car market in 2025. The South Korean auto market will be different compared to other markets BYD has entered. As such, the price difference between South Korean and Chinese cars will be insignificant.
However, now the central government plans to implement a new policy to encourage consolidation and to push Chinese-brand passenger vehicles into the mainstream. According to an [.].
EV sector could be challenged by General Motors, who has solidified plans to sell at least 1 million EVs by 2025. Most of this could be attributed to the Chinese market, where GM’s joint venture with Wuling and SAIC has contributed a significant portion of these sales with the HongGuang Mini EV.
Autoindustry executives said the subsidies are likely to apply only to vehicles produced in China, although that wasn’t clear from the government notice. Already, the move provoked resentful comments from some ordinary Chinese who question why the government is using public funds to subsidize car purchases for wealthy buyers.
MG, the legacy British emblem owned through China’s SAIC Motor Corp. Tesla’s good fortune has proven that buyers are clear to outsiders, although it’s vague whether or not Chinese language manufacturers will be capable of fit the promoting draw of Elon Musk. “But it’s not impossible.”
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.)
Ford Motor Co. With the EV market becoming more competitive due to cars from upstart automakers like Tesla and Rivian and Chinese carmakers like BYD, Ford will need a lineup of well-designed electric vehicles to carve out and protect its place in the EV segment. Willing’s promotion leaves a gap in the Model e division’s team.
Smart is a 50:50 partnership between Mercedes-Benz and the Chinese Geely Group, and the brand makes a return to Australia this month with its #1 and #3 SUVs. We were told the #5 will be available as a rear-wheel-drive and an all-wheel-drive, but no details on motors were mentioned. 2025 Smart #5 EV mid-size SUV.
7 is 4,956 mm long and is powered by an electric motor with a peak power of 150 kW. China's Ministry of Industry and Information Technology today announced the latest batch of models that will soon be allowed to be sold, and the ID.7 The Chinese public can submit feedback between April 12 and April 18.
The harsh reality of high costs and the inexorable heft of the autoindustry have claimed another electric-car startup. It later struck a deal with Chinese automaker JAC Motors to develop an.
The two versions of the XPeng P7i with a range of 702 kilometers are rear-drive single-motor, capable of accelerating from 0 to 100 kilometers per hour in 6.4 Its two versions with a range of 610 km are dual-motor four-wheel drive models and can accelerate from 0 to 100 km/h in 3.9 integrated thermal management system X-HP 2.0
Interest in electric cars is surging: •Nearly 52,000 people were wait-listed as of mid-April for General Motors’ electric model, the Volt, due in November. Similarly, in China, the sheer size of the autoindustry and the country’s ambitious clean-energy goals suggest a potentially huge market for electric cars.
Autoindustry observers see Hyundai Motor Group’s recent lithium hydroxide supply deals as a sign that the group is focusing on adopting high-capacity NCM batteries to boost the driving range of its future EV models. The long-range trim of the EV3, fitted with a high-capacity 81.4
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.
As many of you know, I lived in China for around 14 years including a couple of stints as a student, in 1984 in Nanjing and in 1991-93 in Kunming (I was teaching English and studying Chinese concurrently part of that stint). autoindustry about when, not if, Chinese automakers will enter the U.S.
Zeekr, Geely Holding Group's premium electric vehicle (EV) brand, officially launched its third model, the Zeekr X, at an event in the southwestern Chinese city of Chengdu on Wednesday. Even the single-motor version of the Zeekr X can accelerate from 0 to 100 km/h in 5.8
Its almost been a religion that its EVs or bust, so lets not fool around with hybrids or hydrogen, says Michael Dunne , CEO of Dunne Insights , a leading analyst of Chinas autoindustry. Since the motors do all the work, an EREV mimics an EV, needing no conventional transmission or driveshaft. are also getting into the game.
The Chinese brand, in co-operation with partner Stellantis, has just launched in Australia with the C10 electric mid-sized SUV, but it will also add a range extender plug-in hybrid C10 imminently (Leapmotor calls them Range Extender Electric Vehicles or REEVs). READ MORE: BYD Sealion 6 under threat! 2025 Leapmotor B10. The C10 REEV adds a 1.5-litre
An all-new battery electric and plug-in hybrid ute benchmarked against the Rivian R1T will be one of the headline acts when China’s JAC Motors unleashes a comprehensive attack on the Australian market around mid-decade. JAC is the latest Chinese brand to reveal extensive Aussie plans. The next vehicle they are working on is SUV.
While many members of the local autoindustry want the exemption – which applies to vehicles priced under the luxury car tax purchased on a novated lease to be extended, it now seems a forlorn hope. Chinese rival Jaecoo J7 PHEV confirmed for March 2025 launch in Australia READ MORE: Axed!
In what is seen as a major shift in power in the autoindustry, a BBC report is suggesting that Toyota is planning to manufacture key components of its hybrid cars outside Japan for the first time. According to the report, the company is likely to manufacture both electric motors and batteries at its Chinese [.].
Toyota Motor Company is expected to receive an $853 million subsidy from Japan’s industry ministry to expand its electric vehicle (EV) battery production. The Japanese government seems aware of the shift in the autoindustry toward electric vehicles and the role battery cells will play in the future.
It primarily does that via a clever PHEV system, which subordinates the petrol engine to its two electric motors to try and make it run on electricity as much as possible. As if anyone needed more reminding, it’s another example of the immense capability of the Chineseautoindustry. 2025 BYD Shark 6.
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