Green Car Congress

MAY 22, 2019

These little vehicles typically lack the aesthetic appeal of a Tesla, but they protect drivers from the elements better than a motorcycle, are faster than a bicycle or e-bike, are easy to park and charge, and, perhaps most endearing to emerging consumers, can be purchased for as little as $3,000 (and in some cases, less).

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Oil Prices Gasoline-Electric Gasoline Oil 330

Green Car Congress

SEPTEMBER 28, 2020

Chinese EV contender XPeng announced that its wholly owned subsidiary in China, Guangdong Xiaopeng Motors Technology Co., billion (US$191 million) to construct the smart EV manufacturing base according to design requirements and specifications to be provided by Guangdong Xiaopeng.

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Financing Manufacturer China Chinese 170

Teslarati

MAY 30, 2024

BYD and other Chinese automakers have studied the European auto market for years. The publication also shared details about how other Chinese automakers are entering the European market and their plans to beat top-selling brands like Tesla and Volkswagen in the EU’s local electric vehicle (EVs) market.

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Europe BYD Chinese China 115

Teslarati

DECEMBER 8, 2022

Multiple publications claimed that rising competition with Chinese EV manufacturers may lead to Tesla Giga Shanghai’s presumed production cut in December. Piper Sandler analyst Alexander Potter said Giga Shanghai would not cut production because of rising competition in the Chinese EV market. Retail sales decreased by 10.5%

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Chinese Auto Market Tesla 98

Baua Electric

JANUARY 31, 2024

The Chinese automaker is now entering its fourth year in the European market, where it continues to roll out new EV models to compete with the American EV leader amongst legacy automakers in the EU. The post BYD inks preliminary land purchase in Hungary for plant that will build EVs for Europe appeared first on Bauaelectric Auto News.

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Hungary BYD Purchase Europe 52

Green Car Congress

APRIL 23, 2010

Chinese consumers led in their consideration of a plug-in vehicle purchase. According to a new survey by Ernst & Young’s Global Automotive Center, roughly 60% of respondents in China said they would consider purchasing a plug-in hybrid or electric vehicle. Click to enlarge. Mike Hanley.

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Purchase Plug-in Plug Chinese 210

Green Car Congress

APRIL 18, 2023

They will be launched in the Chinese market in 2024 as two models out of the ten BEV models that Toyota plans to release by 2026. BTET), a joint venture established by Toyota and BYD—; FAW Toyota Motor; and Toyota Motor Engineering & Manufacturing (China). It is planned to be produced and sold by FAW Toyota Motor.

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Toyota Auto BYD Concept 273

Green Car Congress

OCTOBER 8, 2020

However, the study reveals there has been an increase in interest in the US and Chinese markets. Globally, vehicle owners and those considering purchasing BEV agree the top benefits of going electric are improving the environment, adding convenience and reducing ownership costs. Source: Ipsos.

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Global Electric Vehicles Auto Vehicles 429

Teslarati

MAY 15, 2024

BYD Shark, the Chinese automaker’s new energy vehicle pickup truck, officially launched in Mexico. The Asian car manufacturer is offering two BYD Shark variants in Mexico. However, the Chinese automaker has plans to expand BYD Shark sales in North America and Australia. The BYD Shark starts at $53,400.

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Mexico BYD F-150 North America 121

Green Car Congress

SEPTEMBER 23, 2015

While overall sales growth has been slowing and market share battles are becoming increasingly competitive in the Chinese car and minivan market, the SUV and multipurpose vehicles (MPV) segments show significant strength. The PwC forecast calls for the potential of a restrained market result of approximately 4.6% million by 2021.

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Chinese Market Minivan Purchase 150

Green Car Congress

APRIL 21, 2022

How Electrifying Transport and Chinese Investment are Playing Out in Indonesia —focuses on nickel as a critical mineral, but has implications for the broader minerals and materials supply chains needed for broad-scale energy transition. This surge occurred mostly in China, driven by steel manufacturing.

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China Energy Indonesia Power Grid 416

Green Car Congress

JANUARY 26, 2013

AB Volvo has signed an agreement with the Chinese vehicle manufacturer Dongfeng Motor Group Company Limited (DFG) to acquire 45% of a new subsidiary of DFG, Dongfeng Commercial Vehicles (DFCV), which will include the major part of DFG’s medium- and heavy-duty commercial vehicles business. The purchase price is RMB 5.6

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Volvo Commercial Manufacturer Vehicles 294

Green Car Congress

DECEMBER 7, 2020

Chinese automotive manufacturer BYD sold 18,220 pure-electric passenger vehicles in November, up by 22.1% The market began to recover in the second quarter, supported by government stimulus measures to encourage the use and purchases of such vehicles, notes Argus Media. from October and by 127.8% from a year earlier.

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BYD Stimulus China Energy Storage 294

Teslarati

MARCH 8, 2024

Tesla and a few other companies recently announced the launch of the Electro Mobility Association (EMA) to promote the production and purchase of electric vehicles in Mexico. Along with representatives from Tesla, Chinese automaker BYD, Europe’s Volvo, JAC, SEV, and Vemo formed the EMA.

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Mexico Companies Tesla BYD 127

Green Car Congress

NOVEMBER 24, 2009

Koenigsegg Group AB has terminated the agreement for its proposed purchase of GM’s Saab. We’re obviously very disappointed with the decision to pull out of the Saab purchase. GM and Koenigsegg had signed a stock purchase agreement regarding the sale of 100% of the shares of Saab Automobile AB in August. Earlier post.)

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Purchase GM Automobile Financing 199

Baua Electric

MAY 29, 2023

On Would possibly 30, native media reported that Hengchi Automotive resumed manufacturing of its best style – the electrical SUV Hengchi 5 within the Tianjin manufacturing unit. Hengchi 5 manufacturing used to be suspended extreme hour on April 25. Tianjin plant in complete swing. billion yuan (50 billion USD).

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Manufacturer Automobile Automobile Industry Corporation 52

Teslarati

SEPTEMBER 13, 2023

It appears that Tesla is considering Chinese battery components manufacturer Sunrise New Energy as a potential supplier, according to a new report. Sunrise New Energy said on Wednesday that Tesla has expressed interest in the manufacturer’s battery component products, as reported by Reuters.

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Batteries Battery Tesla Lithium Sulfur 127

Teslarati

APRIL 30, 2024

The China Association of Automobile Manufacturers also noted that Tesla has cleared data security and processing requirements in the country. In the US, FSD can be purchased outright for $8,000 or subscribed as a service for $99 per month. FSD (Supervised) has so far only been released to the United States and Canada.

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America China Tesla Automobile Manufacturer 134

Green Car Congress

OCTOBER 17, 2018

Chinese consumers are already adopting EVs in large numbers and are on track to purchase more than one million by the end of 2018. Anjie Wireless will develop, manufacture and sell vehicle components and charging infrastructure systems for wireless charging.

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China Market Chinese Standards 249

Green Car Congress

FEBRUARY 25, 2021

Volvo Cars and Geely Auto have agreed on a wide-ranging collaboration that will maximize the strengths of the Swedish and Chinese automotive groups, delivering synergies in powertrains, sharing of electric vehicle architecture, joint procurement, autonomous drive technologies and aftersales.

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Volvo Auto Companies Cars 320

Teslarati

JANUARY 9, 2024

In November 2023, Stellantis and the Chinese battery supplier signed a Memorandum of Understanding stating CATL would provide lithium-iron-phosphate battery cells and modules to the legacy OEM. The car manufacturer already announced electric vehicle ( EV) battery factories in France, Germany, and Italy.

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Spain Europe Batteries Battery 121

Green Car Congress

NOVEMBER 9, 2018

At the beginning of the third quarter, the BMW Group signed a long-term contract with the Chinese company Contemporary Amperex Technology Co. The award of this contract was a decisive factor in CATL’s decision to build an advanced battery cell manufacturing facility in Germany. Earlier post.).

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Li-ion Germany BMW Supplies 255

Green Car Congress

MARCH 4, 2018

Power survey on Chinese consumers’ purchase intentions regarding new-energy vehicles. Power in January to understand Chinese customers’ perception and desire for new-energy vehicles, has a total of 2,212 respondents across the country. Click to enlarge. The online survey, which was designed and conducted by J.D.

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China Energy Batteries Battery 225

Green Car Congress

DECEMBER 1, 2021

Since September, Chinese producers have raised LFP prices by between 10-20%. This would impact EV affordability or manufacturers’ margins and could hurt the economics of energy storage projects. Although battery prices fell overall across 2021, in the second half of the year prices have been rising.

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Price 2020 Batteries Battery 469

Green Car Congress

MAY 16, 2011

The MoU includes a strategic alliance consisting of a 50/50 distribution joint venture and a manufacturing joint venture (MJV) for Saab branded vehicles as well as for an MJV-owned brand (child brand) in China. Saab Automobile will have up to 50% in the MJV, with Pang Da and a to-be-selected manufacturing partner owning the remaining shares.

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Automobile Manufacturer China Purchase 199

Green Car Congress

OCTOBER 25, 2018

More than half of trade-in vehicles for those purchases were priced below $35,000 when new, according to Tesla—indicating that customers are trading up their relatively cheaper vehicles to buy a Model 3 even though there is not yet a leasing option and the Q3 starting price of a Model 3 was $49,000. —Tesla investor letter.

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2018 Tesla China Chinese 230

Baua Electric

JANUARY 31, 2024

This year, Tesla’s cheapest cars, the Model 3 compact sedan, lost tax credits for the purchase of EVs under the Inflation Reduction Act. China currently houses the largest manufacturers of LFP batteries, including BYD and CATL, which supply Tesla.

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Supplies Tax Credit Auto Nevada 52

Green Car Congress

JULY 5, 2017

Groupe Renault and Brilliance China Automotive Holdings Limited (CBA) signed a binding framework cooperation agreement covering the main principles of the formation and operation of a joint venture (JV) in China focusing on the manufacturing and sale of light commercial vehicles (LCV). —Carlos Ghosn, Chairman and CEO of Renault.

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China Chinese Automobile Purchase 150

Green Car Congress

MARCH 13, 2013

Ltd (SAIG) to manufacture inner-city electric buses. Under this Agreement, SAIG purchased the Balqon electric drive system for integration into a 22-foot bus chassis.

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China Automobile Industry Building Lithium Ion 300

Green Car Congress

NOVEMBER 14, 2018

This strategic collaboration with Weichai—a leading automotive equipment manufacturer specializing in the production of powertrains, automobiles, intelligent logistics, automotive parts and components—underscores our high conviction in the opportunity for Fuel Cell Electric Vehicles, or FCEVs, in China’s Heavy Duty Motive market.

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Fuel Power Powered Vehicles 223

Green Car Congress

JUNE 13, 2012

National Electric Vehicle Sweden AB (NEVS)—an international consortium formed by Chinese, Japanese and Swedish stakeholders—and the Receivers of the Saab Automobile bankruptcy estate ( earlier post) signed a purchase agreement covering the main assets of Saab Automobile AB, Saab Automobile Powertrain AB and Saab Automobile Tools AB.

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Automobile Sweden 2014 2013 290

The Truth About Cars

JUNE 11, 2024

But the EV company went bankrupt and the assets were purchased by Chinese auto-parts supplier Wanxiang Group in 2014. However, its website is still taking reservations for automobiles manufactured in California and notes that it even has some new models in the works. The history of the vehicle is a tad convoluted.

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Karma Fisker Automobile Manufacturer 2007 64

Green Car Congress

DECEMBER 17, 2017

Groupe Renault and Brilliance China Automotive Holdings Limited have signed a contract for the formation of a joint venture to manufacture and sell light commercial vehicles (LCV) under the Jinbei, Renault and Huasong brands with the goal of achieving 150,000 sales annually by 2022 and an acceleration of electrifying powertrains.

China 150

China Mitsubishi Chinese Nissan 150

Green Car Congress

JULY 16, 2020

That is why we now have a contractual agreement with our cell manufacturers that they will only use green power to produce our fifth-generation battery cells. —Andreas Wendt, member of the Board of Management of BMW AG responsible for Purchasing and Supplier Network.

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BMW Europe Supplies Batteries 239

Green Car Congress

JUNE 2, 2009

Based in the Chinese province of Sichuan, Tengzhong is a privately-owned company and a leading domestic manufacturer of road, construction and energy industry equipment. In an earlier statement, GM said it expects the deal if successful to secure more than 3,000 US jobs. The final terms of the deal are subject to final negotiations.

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Hummer GM Purchase Dealers 207

Green Car Congress

OCTOBER 9, 2018

We’re seeing more companies raising funds as they look to make the jump from concept cars to high-volume manufacturing. billion, down 15% on 3Q 2017, while the purchase of small-scale solar systems of less than 1MW totaled $13.5 In 3Q, Chinese solar investment was $14.2 —Colin McKerracher. billion for 300MW.

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Clean Cleaning Companies South Africa 259

Green Car Congress

SEPTEMBER 10, 2014

The e30 is eligible for a purchase tax exemption as part of the Chinese government’s support for developing new energy vehicles. DFL-PV is engaged in research and development operations, manufacturing and distribution of passenger vehicles. The quality and safety of e30 have been validated by a 5-million km (3.1-million

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Nissan Electric Vehicles All-Electric Vehicles 210