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ZAP Acquires 51% Stake in China’s Jonway Auto in Focus On China EV Market; Plans Acquisition of Other 49% in Second Phase

Green Car Congress

ZAP Jonway plans to introduce an electric A280—the “little brother”to the A380 being used as an electric taxi. ZAP and Jonway Group announced they had earlier signed definitive agreements according to which ZAP will acquire 51% of Zhejiang Jonway Automobile Co. Click to enlarge. million in cash.

China 218
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GM commits to 100% renewable energy by 2050

Green Car Congress

General Motors plans to generate or source all electrical power for its 350 operations in 59 countries with 100% renewable energy—such as wind, sun and landfill gas—by 2050. In 2015, GM required 9 terawatt hours of electricity to build its vehicles and power its offices, technical centers and warehouses around the world.

Renewable 150
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40,000 pre-built charging piles in North America, the status quo of charging piles in Europe, America and Japan

Setec Powerr

Part of the $billion investment commitment , Up to… Will be built in the United States and Canada 4 Ten thousand charging stations , In order to increase the popularity of electric vehicles. Besides , Consumer demand for electric vehicles “ Mileage anxiety ” It will also affect the expansion of the electric vehicle market.

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Separate MIT, IEA reports both outline major expansion in role of natural gas; caution on climate benefits

Green Car Congress

World primary energy demand by fuel in the IEA high gas scenario. Separately, the International Energy Agency (IEA) released its own report exploring the potential for a “golden age” of gas. Both reports also emphasized that although natural gas is the lowest carbon fossil fuel, it is still a fossil fuel. Source: IEA.

MIT 210
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DOE awarding $1.16B to 9 battery component manufacturing projects as part of $2.8B funding

Green Car Congress

billion to 21 projects to expand domestic manufacturing of batteries for electric vehicles (EVs) and the electrical grid and for materials and components currently imported from other countries. billion will go to 9 projects in the component manufacturing segment of the supply chain. Earlier post.) Of that, $1.16

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DOE awarding $1.16B to 9 battery component manufacturing projects as part of $2.8B funding

Green Car Congress

billion to 21 projects to expand domestic manufacturing of batteries for electric vehicles (EVs) and the electrical grid and for materials and components currently imported from other countries. billion will go to 9 projects in the component manufacturing segment of the supply chain. Earlier post.) Of that, $1.16

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BYD slashes price on its best-selling SUV to $16K to compete with gas cars

Baua Electric

The Atto-3 SUV / Source: BYD Europe After recently reducing prices of its refreshed Han and Tang models , Build Your Dreams (BYD) just launched a new version of its top-selling EV Yuan Plus – known as the Atto 3 in overseas markets – to $16,644 in China, making it one of the lowest-priced EVs out there. Get started here.

BYD 52