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Changan Acquires AVIC Units to Become 3rd Largest Automaker in China

Green Car Congress

The state parent of China’s Chang’an Automobile Group is taking over five vehicle units of the Aviation Industry Corp of China (AVIC) to create the third-largest automaker in China. SAIC and FAW Group hold the top two slots. AVIC will hold a 23% stake in the new Chang’an Group. Earlier post.).

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How Carmakers Are Responding to the Plug-In Hybrid Opportunity

Tony Karrer Delicious EVdriven

In late 2008, BYD started selling the first production PHEV in China. BYD said the F6DM (dual mode) sedan will go on sale in China in the fourth quarter for $20,000 to $30,000.The The electrification of the automobile is inevitable." BYD also developed the motors and software for the system. I got beaten down a number of times."

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