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Volkswagen Group, SAIC and FAW to increase cooperation on green vehicles in China

Green Car Congress

The Volkswagen Group will cooperate more closely with its Chinese joint venture partners SAIC Motor Co. In total, the investment program is the largest in the history of the Chinese automotive industry. These projects are part of the €18.2-billion

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Tesla China: Top gov’t meeting confirms NEV purchase tax exemption extension

Teslarati

Reports of the meeting were shared by Chinese state-owned broadcaster China Central Television ( CCTV). According to the broadcaster, an executive meeting of the State Council hosted by Premier Li Keqiang revealed that China will continue its policy of exempting new energy vehicles from purchase taxes. .

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South Korea EV registration jumps in 2022

Teslarati

Most notably, electric vehicle registrations jumped by 72.7% YoY, while hydrogen vehicle registrations increased by 54.3%, and hybrid vehicle registrations increased by 29.6%. Currently, only 5.96% of all vehicles in South Korea are considered “green vehicles” (hydrogen, hybrid, PHEV, or full-electric).

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BYD’s Qin plug-in hybrid the best selling automotive EV in China

Green Car Congress

In the first weeks of 2014, more than 6,000 Qin vehicles were sold, accounting for more than one-half of the Chinese new-energy vehicle market. Click to enlarge. China Electric (Battery) Plug-ins Sales'

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Plug Power signs cooperative agreement for fuel cell electric vehicle development in China

Green Car Congress

LTD (Furui), along with a leading Chinese industrial vehicle manufacturer—also identified as one of the “big three” Chinese automakers—to develop new fuel cell applications and fueling solutions to be utilized in the large and expanding industrial electric vehicle market in China. Plug Power Inc.,

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CCM: demand for ternary Li-ion batteries in China to more than double to 10 GWh in 2016 from 4.4GWh in 2015 due to subsidy fraud and response

Green Car Congress

In the wake of the news that five alternative energy vehicle (AEV) makers defrauded the Chinese government of about US$150 million in subsidies, the Chinese government adjusted its subsidy policies for alternative energy vehicles. Subsidy fraud from five Chinese AEV makers in China. Subsidies totaled RMB33.44

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J.D. Power forecasts hybrid- and battery-electric vehicles will represent 7.3% of global auto sales in 2020

Green Car Congress

Global HEV, PHEV and BEV sales in 2010 are forecasted to total 954,500 vehicles, or 2.2% million vehicles projected to be sold through the end of 2010. The report, titled “Drive Green 2020: More Hope than Reality” considers various factors affecting the future potential for “greenvehicles in the world’s largest automotive markets.

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