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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. With the current sales figures and the seductive future expectations, Southeast Asia has successfully attracted the attention of Chinese car companies.

Asia 97
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Volkswagen Group to invest more than €9.8 billion in China by 2015; efficient products and production

Green Car Congress

The Volkswagen Group, through its two Chinese joint ventures, will be investing more than €9.8 billion (US$15 billion) in the country by 2015; investments in highly efficient products and resource-conserving production will account for more than two thirds of this figure.

2015 218
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GAC Group begins construction of $6.5B industrial park for electric and intelligent vehicles

Green Car Congress

The new electric vehicle plant, part of the industrial park, is expected to be completed by the end of 2018 with a total investment of 4.69 This will provide GAC Motor with a production capacity of 200,000 units per year. Rendering of GAC Motor’s planned industrial park for electric and intelligent vehicles. Click to enlarge.

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

CN EV Post

The Polestar 3 will be on display at the Shanghai auto show next month, and the model will go into production at Polestar's plant in Chengdu, Sichuan province, in the middle of this year, Polestar said today. At that point, the US will serve as the main supply location for North America and other markets.

China 140
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BYD debuts E-SEED GT concept car, Song Pro SUV and e Series at 2019 Shanghai Auto Show

Green Car Congress

BYD debuted its E-SEED GT concept car and Song Pro SUV alongside its all-new e-series models at the Shanghai International Automobile Industry Exhibition. The company also showcased its latest Dynasty series of vehicles, which were recently unveiled at the company’s spring product launch in Beijing.

BYD 186
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Comment on NIO App stops showing wait time for new ES6 by nov22

CN EV Post

First of all, there is a demand problem, not just for NIO, but for all EV and automobile industry in March/April 2023. Chinese consumer finish covid with empty wallet while US consumer finish covid with stack of government cheques in their wallet. The secret of gross margin is to utilize your production facility to the max.

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

Green Car Congress

On the eve of the 2016 Beijing International Automobile Exhibition, Toyota announced that it will launch plug-in hybrid versions of the Corolla and Levin—two mass-market models, both of which have conventional hybrid variants—in China during 2018. Click to enlarge.

Plug-in 150