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

Teslarati

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. Although competitive Chinese automaker BYD isn’t yet slated to enter the U.S. BYD last year sold 1.57

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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.

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Elon Musk as soon as laughed at this Chinese language carmaker. He isn’t giggling now

Baua Electric

Tesla CEO Elon Musk has been vocal about his awe for the Chinese language electrical car producers. Additionally, Musk has made it deny undisclosed that he recognizes the paintings ethic in China, particularly next Tesla opened its Giga Shanghai manufacturing unit within the nation in past due 2019.

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Chinese Government think tank calls for refocusing auto industry on environment-friendly and energy-saving targets

Green Car Congress

Liu Shijin, deputy director of the Development Research Center of the State Council, one of China’s top government think tanks, told a forum that the government should shift its guidance to automakers from mere pursuit of output capacity to environment-friendly and energy-saving targets. Tags: Brief.

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Chinas Auto Subsidy Boosts Domestic Auto Spending by US$3B in 1H2010

Green Car Congress

China’s subsidy to encourage the replacement of older, higher-emitting vehicles boosted domestic auto spending by 20.5 China Association of Automobile Manufacturers (CAAM) said that Chinese auto sales rose 47.67% year on year to 9.02 Tags: Brief. Relevant departments had handed-out 2.4

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European and Chinese Auto Manufacturers Groups Sign Cooperation Agreement

Green Car Congress

The European Automobile Manufacturers’s Association (ACEA) has signed a cooperation agreement with the China Association of Automobile Manufacturers (CAAM) in Beijing. ACEA Secretary General Ivan Hodac welcomed the agreement as an important milestone in the ACEA activities in China. Tags: Brief.

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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.