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China Auto Ownership Expected to Exceed 200M in 2020

Green Car Congress

Estimated automobile ownership in China will exceed 200 million by 2020, causing serious energy security and environmental issues, according to Wang Fuchang, director of the Department of Equipment Industry under China’s Ministry of Industry and Information Technology. Tags: Brief. People’s Daily.

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Li Auto sees cumulative deliveries exceed 300,000 units

CN EV Post

This means Li Auto has seen more than 10,905 deliveries so far this month. Image credit: Li Auto) Li Auto (NASDAQ: LI) saw cumulative vehicle deliveries top 300,000, meaning it has delivered more than 10,000 vehicles so far this month. The company is expected to announce March's delivery figures on April 1.

Auto 66
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12th Five-Year Plan for Chinas auto industry to make new-energy vehicles priority

Green Car Congress

The 12 th Five-year Plan for China’s auto industry reportedly will make developing new-energy vehicles the top priority. China is targeting annual new-energy automobile sales of 1 million units by 2015, according to the China Association for Automobile Manufacturers. Tags: Brief. People’s Daily.

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

Green Car Congress

China Daily. 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.

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Daimler AG Signs Memorandum of Understanding with BYD Company Limited to Establish a Technology Partnership for Electric Vehicles in China

Green Car Congress

Daimler AG signed a Memorandum of Understanding (MoU) with BYD Company Limited to enter into a comprehensive technology partnership for the development of electric vehicles for China. In addition, a common technology center will be established in China to develop, design and test this electric vehicle.

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ZAP Acquires 51% Stake in China’s Jonway Auto in Focus On China EV Market; Plans Acquisition of Other 49% in Second Phase

Green Car Congress

as part of a strategy to capitalize on the growing automotive and electric vehicle (EV) market in China. ZAP is a 15-year-old California EV company and Jonway Auto is a wholly owned subsidiary of Jonway Group, a 20-year-old Chinese vehicle manufacturer. Jonway is ISO 9000 and China Compulsory Certification (CCC) certified.

China 218
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Better Place, Chery Sign Collaboration MOU for Prototype Switchable Battery Electric Vehicles in China

Green Car Congress

China’s largest independent auto producer and exporter&mash; signed a memorandum of understanding (MOU) to collaborate on electric vehicle technology in the world’s largest auto market. Our collaboration with Chery is just the beginning for Better Place in China. Tags: Brief.

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