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StreetScooter to form JV with Chery for electric light utility vehicles

Green Car Congress

StreetScooter GmbH, a subsidiary of Deutsche Post and market leader for electric light commercial vehicles (eLCV), has signed a memorandum of understanding (MoU) with the Chinese automobile manufacturer Chery Holding Group (Chery) establishing a joint venture between the two companies.

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Chery's NEV unit cuts vehicle prices by up to 10%

CN EV Post

In January-February, Chery's NEV sales were 13,293 units, down 57.6 Image credit: Chery New Energy) Chinese auto giant Chery's new energy vehicle (NEV) division has slashed the prices of several models, becoming the latest car company to do so. For Chery, its performance at the beginning of the year was weak.

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China Car Sales Likely Hit New Record in April

Green Car Congress

Bolstered by government stimulus plans, sales of autos in China likely reached a record high of 1.15 million units, according to estimates from the China Association of Automobile Manufacturers (CAAM). Official figures for vehicle production and sales are scheduled for release next Monday. People’s Daily.

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China to Encourage Consolidation in Auto Industry; Push to Increase Market Share of Domestic Automakers

Green Car Congress

According to sources with knowledge of the new policy, it intends that Chinese-brand passenger vehicles will comprise at least half of vehicle sales by 2015 and sedans made by entirely domestic automakers will have about 40 percent of the nation’s car market. According to data from the China Association of Automobile Manufacturers (CAAM), 4.58

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

Baua Electric

cheaper than the final sale price of its predecessor, reports Reuters. Last year, BYD sold 412,202 Yuan Plus EVs, with 100,020 of them exported, or 42% of its total car exports for that year, data from the China Association of Automobile Manufacturers states. The Yuan Plus starts at 119,800 yuan ($16,644), BYD posted in Weibo.

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Freescale S12 MagniV Mixed-Signal MCUs supporting mid-class vehicle growth in China

Green Car Congress

Automobile sales alone in China posted a 13% year-over-year gain for April 2013, according to the China Association of Automobile Manufacturers. China’s automotive market is now the largest in the world by volume, with some 22 million units produced last year, and expectations of 22-23 million units this year.

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