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Southeast Asia market will become a competitive place for Chinese and Japanese car companies

Setec Powerr

Europe, the birthplace of the automobile industry, to North America across the Pacific Ocean, has always been the top stage that Chinese car companies hope to step on. Figures released by the ASEAN Automotive Federation (AAF) show that total vehicle sales in Southeast Asia will be about 2.79

Asia 97
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Renault and Brilliance sign strategic cooperation agreement with Liaoning province, China; 3 new electric LCVs in 2 years

Green Car Congress

a joint venture to manufacture and sell light commercial vehicles (LCV), signed a Strategic Cooperation agreement with Chinese officials from Liaoning Province to further accelerate growth of LCVs in China. Year-to-date since forming the joint venture, Jinbei brand sales hit 124,900 in September.

China 207
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Tesla Model Y has the best resale value out of all BEVs in China

Teslarati

The Tesla Model Y has the best resale value out of any other battery electric vehicle in China according to data from the China Automobile Dealers Association. In August, Tesla Model Y retail sales totaled 31,112 units reflecting 168.76% up from the 11,576 units sold in August 2021, CnEVPost reported.

China 98
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GAC Group begins construction of $6.5B industrial park for electric and intelligent vehicles

Green Car Congress

The planning and construction of this industrial park is a concrete step to implement the Chinese government’s green development goals for Guangdong and the national ‘Made in China 2025’ strategy. The move will help promote the development of the automobile industry and drive economic growth.

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EIA: China promoting both fuel efficiency and alternative-fuel vehicles to curb growing oil use

Green Car Congress

To counter this trend triggered by China’s rapid motorization, the Chinese government is adopting a broad range of policies, including improvements in the fuel economy of new vehicles and the promotion of alternative-fuel vehicles, EIA notes. China vehicle sales and gasoline consumption. Source: EIA. Click to enlarge.

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Toyota to launch two new plug-in hybrid models in China; Corolla and Levin

Green Car Congress

Levin Hybrid (left) and Corolla Hybrid (right) introduced at the 16th Shanghai International Automobile Industry Exhibition in 2015. The debut of these models marked the first time Toyota researched, developed and produced hybrid powertrain components—in this case, the battery, inverter and transaxle—outside Japan.

Plug-in 150
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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

China’s State Council has published a plan to develop the domestic energy-saving and new energy vehicle industry, which includes battery-electric vehicles, plug-in hybrid vehicles and fuel cell vehicles. 2012 Chinese Auto Industry Development Report. —Energy-saving and new energy vehicle plan.