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Geely exports more than 100,000 vehicles in 2012; 164% year-on-year growth

Green Car Congress

According to figures released by the China Association of Automobile Manufacturers (CAAM), in the first eleven months of 2012 Chinese self-developed brands exported 470,000 passenger vehicles in total—with automotive manufacturers on average showing a 30% sales increase over 2011 figures.

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AvtoVAZ launches 3 concepts at Moscow Motor Show; collaboration with Renault-Nissan

Green Car Congress

The move comes on the heels of AvtoVAZ-Renault-Nissan becoming the fourth largest manufacturer of automobiles worldwide following several successful moves by Rostec. Together, the new automotive alliance set up a joint manufacturing process in AvtoVAZ''s home town of Togliatti, Samara Oblast, Russia, in 2012.

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ZAP Acquires 51% Stake in China’s Jonway Auto in Focus On China EV Market; Plans Acquisition of Other 49% in Second Phase

Green Car Congress

ZAP and Jonway Group announced they had earlier signed definitive agreements according to which ZAP will acquire 51% of Zhejiang Jonway Automobile Co. ZAP is a 15-year-old California EV company and Jonway Auto is a wholly owned subsidiary of Jonway Group, a 20-year-old Chinese vehicle manufacturer. million in cash.

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More than 50 percent of MoUs signed in Vibrant Gujarat are green | Autocar Professional

Baua Electric

According to industry estimates, the state’s automotive sector is now valued at USD 3 billion, with Gujarat exporting automobiles and auto components with over eight lakh vehicles exported in the fiscal year 2020-21. This will lead to 1.7 times more production and 2.7 times more exports this year.

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GE Transportation Unveils New Evolution Series Locomotive; 17% Reduction in Fuel Consumption, 70% Reduction in Emissions

Green Car Congress

This system—– similar to traction control on an automobile—limits wheel slip at start up, on inclines and in adverse weather conditions, ensuring optimum performance and less wasted energy. GE is building the new locomotive at its Pennsylvania manufacturing plants in Erie and Grove City.