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Green car subsidies boost vehicle sales

Green Cars News

The subsidies, which are due to expire at the end of September, helped sales of new vehicles in the country climb by 12.9 The Toyota Motor Corporation saw its sales shoot up by 19.1 [.]. per cent during July to 486,606 units.

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Volvo delivers 15 C30 Electric cars to Shanghai

Green Car Congress

Volvo Car Corporation delivered 15 Volvo C30 Electric cars ( earlier post ) to the Shanghai International Automotive City Group (SIAC) for its open road test-drive project EV100 Days. Separately, the C30 Electric was also awarded “Green Car of the Year” in China at the 4 th China New Energy Mobility Summit.

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Lear Corporation predicts electric vehicle growth

Green Cars News

Lear Corporation, an automotive supplier, is expecting rapid growth for hybrid and electric vehicles. It has predicted that sales of components and systems for hybrid and electric vehicles will grow to around seven per cent of its electric systems business by 2012 – even though the number was at zero per cent in 2009. To match its [.].

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Shandong Province Builds First Large Charging Station for Plug-ins; Targeting Annual Production Capacity of 300,000 EVs by 2015

Green Car Congress

Shandong Electric Power corporation is building a 23-million yuan (US$3.37 million) charging station in Linyi City that is capable of charging 45 cars at a time. Shandong is one of China’s biggest auto producing provinces and has been developing electric cars since 2004. “How

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Geely and Kandi to form EV joint venture in China

Green Car Congress

Geely Holdings and Kandi Technology Corporation have created a framework of cooperation which will see the two companies work together in a new joint venture company involved in the research and development, production, investment, and marketing of electric vehicles. —Li Shufu, Geely chairman.

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Ford completes Volvo sale to Geely

Green Cars News

It has been coming for months and now the Ford Motor Company has completed the sale of Volvo Car Corporation and its related assets to Zhejiang Geely Holding Group Company Limited. Tags: Ford Green cars Latest news Volvo Ford sells Volvo Geely Volvo sale Zhejiang Geely Holding Group Company Limited.

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Details on Ford’s Volvo sale

Green Cars News

You’ve probably already heard about Ford’s decision to sell the Volvo Car Corporation and its related assets to Zhejiang Geely Holding Group Company Limited – and now we can bring you the details of the deal. The sale is expected to close in the third quarter of this year with the purchase price of Volvo Cars [.].

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