Remove Automobile Industry Remove China Remove Chinese Remove Electric Vehicles
article thumbnail

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. A large market of 10 million vehicles. In addition, the tax rate for pure electric vehicles in Thailand was reduced from 8% to 2% in June this year.

Asia 97
article thumbnail

Balqon to build electric buses in China with SAIG

Green Car Congress

California-based Balqon Corporation, a developer of heavy-duty electric vehicles, drive systems and lithium battery storage devices ( earlier post ), has entered into a Joint Development Agreement with China-based Sichuan Automobile Industry Co., Ltd (SAIG) to manufacture inner-city electric buses.

China 300
article thumbnail

Polestar 3 officially unveiled in China, price cut by about $29,080 from previous

CN EV Post

Polestar has officially unveiled the Polestar 3 in China today with what it calls a new pricing system. | Polestar.US The Polestar 3 is Polestar's first SUV and will be the electric vehicle company's first all-electric model that will be produced in both China and the US.

China 128
article thumbnail

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. Between January and August 2022, the Tesla Model Y sold a total of 172,418 units in China which is almost triple the sales of the Model 3.

China 98
article thumbnail

Oil companies “break the circle”! Total Energy to build tens of thousands of charging piles in China

Setec Powerr

In 2021, one out of every ten cars sold in China will be a new energy vehicle. When “replacing oil with electricity” has become a trend, the transportation industry has maintained the era of fuel oil for hundreds of years, but it is also undergoing subversive changes. who moved the oil cheese.

Oil 98
article thumbnail

Volkswagen Group and SAIC to produce EVs and PHEVs in China

Green Car Congress

The Volkswagen Group and SAIC Motor Corporation Ltd, Volkswagen’s original joint venture partner in China, have agreed to expand the main plant of their joint venture Shanghai Volkswagen (SVW) in Anting to support the local production of electric vehicles. million vehicles in China in 2014, representing an increase of 12.4%

China 150
article thumbnail

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

Green Car Congress

Consumption of gasoline in China grew from 0.9 This continues a trend of significant growth in China’s transportation sector since the 1990s. Increasing oil demand is requiring increasing imports; since 2009, China has been importing more than half of its petroleum needs. China vehicle sales and gasoline consumption.