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Tesla (TSLA) shares surge over 11% amidst news of Musk’s China visit

Teslarati

Tesla shares ( NASDAQ:TSLA ) saw a lot of momentum on Monday’s pre-market amidst news surrounding CEO Elon Musk’s unannounced trip to Beijing, China. Later videos posted by Chinese media showed that Musk also met with Premier Li Qiang. Honored to meet with Premier Li Qiang.

China 118
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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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Volvo Cars and Geely Auto to deepen collaboration; new combined powertrain company

Green Car Congress

Volvo Cars and Geely Auto have agreed on a wide-ranging collaboration that will maximize the strengths of the Swedish and Chinese automotive groups, delivering synergies in powertrains, sharing of electric vehicle architecture, joint procurement, autonomous drive technologies and aftersales.

Volvo 320
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Honda to unveil new China market SUV concept at Auto Shanghai

Green Car Congress

a wholly-owned Honda subsidiary in China, plans to stage the world premiere of an all-new concept model as well as other new Honda models at Auto Shanghai 2015 (The 16th International Automobile & Manufacturing Technology Exhibition, press days: April 20-21, 2015, public days: April 22-29, 2015).

Honda 150
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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. The company ranked 5 th among all brands in J.D.

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European automakers request 6-month postponement of new Euro standards due to COVID-19

Green Car Congress

The industry is seeking the extension to avoid having to stockpile newly-produced vehicles that have not sold due to COVID-19-related market conditions or to stopping production. … up of stocks at manufacturers, importers and dealers. The ACEA represents the 16 major Europe-based car, van, truck and bus makers. —ACEA letter.

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MINI realigning model range with emphasis on electromobility; crossover & premium compact segments; and China

Green Car Congress

The British premium automobile manufacturer MINI is realigning its model range, with a focus on drivetrain technologies, vehicle segments and services of the future. The brand’s small-car models and a crossover model in the compact segment will be available to choose from with conventional internal combustion engines.

China 170