Remove Automobile Remove Chinese Remove Light
article thumbnail

Groupe Renault changes China strategy: light commercial vehicles and electric passenger cars

Green Car Congress

Groupe Renault is setting a new strategy for China, based on Electric Vehicles (EV) and Light Commercial Vehicles (LCV). EV sales are expected to reach 25% of the Chinese market by 2030. Chinese ICE passenger car market. With 860,000 electric vehicles sold in China in 2019, China is by far the largest EV market in the world.

Light 378
article thumbnail

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.

Chery 236
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

Navistar to expand partnership With China truck maker JAC; school buses and light trucks

Green Car Congress

plans to expand its collaboration with Chinese truck maker Anhui Jianghuai Automobile Co. Navistar and JAC signed non-binding letters of intent (LOI) to partner on new commercial vehicle opportunities: Design, development, manufacturing and distribution of school buses for the Chinese market; and. Navistar, Inc.

Light 231
article thumbnail

Valeo acquires 80% stake in the Chery Group’s lighting company in China

Green Car Congress

As part of its development strategy in high-growth countries, and particularly China, Valeo has acquired an 80% shareholding in the company Ruby (a lighting specialist) from Chery Technology, a subsidiary of Chinese automaker Chery Automobile. Chery Technology will retain a 20% stake in the company.

Chery 186
article thumbnail

GM China and FAW Establish Light Commercial Vehicle Joint Venture

Green Car Congress

have formed a light commercial vehicle joint venture: FAW-GM Light Duty Commercial Vehicle Co. It is focused on the production and sale of light-duty trucks and vans. The new joint venture includes Ha’erbin Light Vehicle Co., General Motors China and China FAW Group Corp. which is situated in Qujing, Yunnan.

Light 210
article thumbnail

China develops 3rd generation of automotive steel; light weight and safety

Green Car Congress

“After the application of the third generation of automotive steel, it is more likely for drivers to survive in the accident,” said Weng Yuqing, an academician from the Chinese Academy of Engineering.

China 225
article thumbnail

Geely Auto forms new premium electric car company Zeekr; SEA EV architecture

Green Car Congress

Geely expects to deliver the first Zeekr vehicles in Q3, with production being undertaken by parent company Geely Holding under a light asset strategy. The Chinese name of Zeeker has been confirmed as Ji Ke. Zeekr aims to deliver a new electric vehicle to market each year in the coming five years. Governance structure.

Companies 435