Remove Automobile Remove China Remove Events Remove Taxi
article thumbnail

Volkswagen to invest ~$18B in China through 2022 on e-mobility, autonomy, digitalization, mobility services; new JAC-VW electric SUV

Green Car Congress

billion) through 2022 in China on e-mobility, autonomous driving, digitalization and new mobility services. million vehicles in China in 2017—the most successful make in the country. As the world’s biggest automotive market, China plays a prominent role across all Group brands. Volkswagen sold almost 3.2 year-on-year.

China 170
article thumbnail

Tesla to spend almost $2 billion on components from India this year

Teslarati

The information came during an auto event in New Delhi, and the purchases could nearly double the roughly $1 billion in auto parts Tesla purchased from India in 2022. We’ll start enjoying the fruits of new technologies, innovation, and R&D coming into India,” Goyal said at the event. Tesla plans to source between $1.7

India 142
article thumbnail

Chinas Largest EV Charging Stations Open in Shenzhen

Green Car Congress

The Universiade Center charging station is equipped with 6 express chargers that can provide charging to taxies, cars and buses. The station is large enough to simultaneously serve 12 automobiles. million] and an area of 1,092 square meters, is currently China’s largest charging station in terms of area and investment scale.

China 199
article thumbnail

NEVS and DiDi partner up for future mobility; EV optimized for DiDi services

Green Car Congress

NEVS was founded in 2012 and acquired the main assets of the Saab Automobile bankruptcy estates. NEVS is the first joint venture company with investors from outside China that is granted a New Energy Passenger Vehicle Project investment approval by NDRC. DiDi acquired Uber China in August 2016.

Future 170
article thumbnail

How do Chinese language EV makers roll out unutilized merchandise so temporarily?

Baua Electric

That led me to write down an editorial summarizing what I see as very important components of “China speed.” The corporate delivered its 100,000th automobile on April nineteenth, and as of June, their cumulative deliveries in China reached 120,581 EVs, in keeping with CarNewsChina knowledge. and many others.

Chinese 40
article thumbnail

Tesla Q1 2024 Earnings Call Transcript: April 23, 2024

Teslarati

Actual events or results could differ materially due to a number of risks and uncertainties, including those mentioned in our most recent filings with the SEC. Those are our critical events. You know, like someone jumping out in front or like other critical events that we have gathered database over many, many years.

Tesla 110
article thumbnail

Buffett's Chinese electric car company

Tony Karrer Delicious EVdriven

Then Mr. Wang, as he’s known, got into the automobile business by buying a failing state-owned carmaker. Today, BYD employes 130,000 people in 11 factories, either in China and one each in India, Hungary and Rumania. He fled China after hundreds of demonstrators were killed and appeared on China’s “Twenty-one Most Wanted List.”

Chinese 28