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BMW Group to build future MINI E vehicles in China with Great Wall Motor

Green Car Congress

The BMW Group and Great Wall Motor have launched a new joint venture—Spotlight Automotive Limited—and are building a joint plant in China, where the BMW Group will produce future fully-electric models of its MINI brand. Jiangsu is also one of the leading provinces for finance, education and technology.

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Daimler takes 12% stake in Chinese parter BAIC Motor; first non-Chinese automotive company to acquire an interest in a Chinese OEM

Green Car Congress

This marks the first investment by a non-Chinese automotive company in a Chinese OEM. The official closing of the transaction followed a short time after the signing of the investment agreement between the two companies in Stuttgart earlier this year and a smooth approval by the relevant Chinese authorities. Daimler in China.

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Volkswagen Group to invest ~€60B in hybridization, electric mobility and digitalization over next 5 years; ~€33B on electromobility

Green Car Congress

Planned investments and development costs for future areas such as hybridization, electric mobility and digitalization will total roughly EUR 60 billion between 2020 and 2024 Share of planned spend for future topics increased in Planning Round 68 to approximately 40 percent from approximately 30 percent in the previous Planning Round.

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BYD has no plans to launch EVs in the US, says the market is too confusing for buyers

Baua Electric

According to BYD executive vice president and CEO of BYD Americas, Stella Li, the Chinese automaker has no plans to sell passenger EVs in the US. Li sat down for an interview with Yahoo Finance Anchor Akiki Fujita to discuss the global EV market. You have no future. Li said, in China the message is strong. You will die.

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France rolls out the pink carpet for EV battery factories

Baua Electric

2 billion euros and assemble 3,000 jobs over future, France presented incentives usefulness greater than 1 billion euros ($1.1 ACC plans to form two indistinguishable crops in Germany and Italy, with the support of 437 million euros and 370 million euros in family finances respectively, consistent with the German and Italian governments. .

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China’s EV Subsidy

Revenge of the Electric Car

The two year program will start in five major cities later this year, and it is expected that the subsidies will be made available to buyers in other cities in the near future. The Leaf, if imported to China, isn’t likely to benefit from purchase subsidies from the Chinese government. Read more in the Wall St.

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A Brief Look at Today's Plug-in Hybrid and Electric Vehicles and the Companies That Are Revolutionizing an Old Industry - Yahoo! Finance

Tony Karrer Delicious EVdriven

www.geinterestplus.com Finance Discover free information about finance. discovertheinformation.com/finance Retired At 32 - Personal Finance How I Actually Did It. Finance partner page. Markets close in 5 hours and 43 minutes. www.GFTforex.com Earn From 2.73% to 3.04% With GE Capital Corporation. No Gimmicks.