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In-wheel electric drive company Protean receives $84M in funding; to build production plant in China

Green Car Congress

GSR is honored to lead this round of investment in a disruptive technology that we believe has great promise for the Chinese automotive market and potentially building a global EV platform. This marks Protean Electric’s entry into China, the world's largest automobile market. In 2011, China automobile sales exceeded 18.5

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Car sales in China surge on back of exports, offsetting sales slump at home

Baua Electric

Bloomberg) Chinese auto sales slumped in June as the domestic economy remained sluggish, but buoyant exports offset the decline at home, an industry association said Wednesday. million cars, while exports rose 29 per cent to 400,000 units, the China Association of Automobile Manufacturers said in a monthly report.

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AC Propulsion expands electric drive manufacturing capacity in China; support from Chinese government

Green Car Congress

The move, part of a broader global expansion, is the first step in a major expansion in China and far more than doubles the company’s manufacturing space in the country, where it now builds electric drive systems at its manufacturing facility in Shanghai. Our order book is overflowing, so we’re expanding to meet future demand.

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Mercedes-Benz will be producing 8 all-electric EQ models in 2022

Green Car Congress

Just a few months later the German-Chinese production joint venture, Beijing Benz Automotive Co. As with the EQC from Bremen and Beijing and the EQV from Vitoria, which are already on the market, the fully electric models at the Rastatt plant run on the same production line as compact vehicles with conventional and hybrid drives.

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China’s BYD tops 1.6 million BEV sales in 2023

Baua Electric

The Atto-3 SUV / Source: BYD Europe It was a huge year for profits at Chinese auto behemoth BYD. Adding up sales for all so-called new energy vehicles, including battery-only vehicles and hybrids, BYD sold 3 million vehicles in 2023. Of course, the Chinese EV market is booming – but looking at the numbers, it’s pretty staggering.

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Borgward to build manufacturing facility in Bremen; all-electric-drive Borgward BX7 first model; Industry 4.0

Green Car Congress

Borgward Group AG, the reincarnation of the German automaker that ceased operations in 1961 ( earlier post ), will be returning to Bremen and building a production facility there. The company also plans to manufacture electric and plug-in-hybrid versions of the BX5 series and other models. Earlier post.)

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Jeep Yuntu PHEV concept debuts at Shanghai

Green Car Congress

At the 2017 Shanghai Auto Show, Jeep unveiled the new plug-in hybrid Yuntu SUV Concept (without giving much detail about the powertrain itself). Yuntu is targeting the Chinese market. Jeep began production for the Jeep Cherokee in China at the GAC Fiat Chrysler Automobiles Co., GAC FCA) Changsha plant in 2015.

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