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BYD introduces fifth brand to focus on professional and personalized new energy vehicles

Green Car Congress

BYD has introduced its fifth brand—Fang Cheng Bao—to meet the increasingly personalized needs of consumers by offering a series of unique and professional-grade new energy vehicle models. Fang Cheng Bao is a significant addition to BYD’s diversified brand matrix, following its Dynasty series, Ocean series, Denza, and Yangwang.

BYD 243
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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. A large market of 10 million vehicles. And new energy vehicles will be one of the new growth points. What is the mystery behind it?.

Asia 97
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GAC Group begins construction of $6.5B industrial park for electric and intelligent vehicles

Green Car Congress

China-based automobile manufacturer Guangzhou Automobile Group (GAC Group), the parent company of GAC Motor, has begun construction of a large industrial park for electric and intelligent vehicles as part of its efforts to boost its electric vehicle business. billion yuan (US$679 million). Click to enlarge.

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Volkswagen Group and FAW to build 2 new vehicle plants in China; “Our most important market”

Green Car Congress

The Volkswagen Group, together with its partner FAW, will build two new vehicle plants in Qingdao and Tianjin, with an estimated investment of €2 billion (US$2.7 Volkswagen has been active on the Chinese market for 30 years and is one of the Western pioneers of the automobile industry in the country.

China 210
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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. Renault also confirmed plans for three new electric light commercial vehicles for China within two years.

China 207
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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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China realizes charging piles, complete vehicles and accessories to go overseas

Setec Powerr

China is the world’s largest producer of electric vehicles. Judging from the customs data for the first eight months of this year, the contribution rate of my country’s new energy vehicle exports to the growth of automobile exports reached 26.7%, becoming a new bright spot in the foreign trade of the automobile industry.

China 52