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Groupe Renault changes China strategy: light commercial vehicles and electric passenger cars

Green Car Congress

Groupe Renault is setting a new strategy for China, based on Electric Vehicles (EV) and Light Commercial Vehicles (LCV). EV sales are expected to reach 25% of the Chinese market by 2030. million customers in China and close to 162,000 sales in 2019. Chinese ICE passenger car market. Jinbei is a well-established brand with 1.5

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Ballard and Linamar form strategic alliance to develop fuel cell solutions for light-duty vehicles

Green Car Congress

Ballard Power Systems and Linamar Corporation have entered a strategic alliance for the co-development and sale of fuel cell powertrains and components for class 1 and 2 vehicles, weighing up to 5-tons, initially in North America and Europe. —Randy MacEwen, Ballard President and CEO.

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Lordstown Motors closes assets sale to Foxconn; JV agreement for MIH-based EV development

Green Car Congress

Lordstown Motors, an OEM of electric light-duty trucks focused on the commercial fleet market, has closed the sale of its Lordstown facility and signed a contract manufacturing agreement and joint venture agreement for product development with affiliates of Hon Hai Technology Group (Foxconn). and Irvine, Calif.

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Column: EV simplest corporations grabbing percentage, earnings from franchised sellers, however how a lot?

Baua Electric

Sellers, who as soon as had a hand in each and every pristine light-vehicle sale in California, have misplaced just about 12 % of the marketplace to Tesla, Rivian and Lucid, corporations that promote without delay to customers. Those corporations have discovered that initiation an auto corporate isn’t easy.

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CESL opens tenders for 100,000 light electric vehicles

Electric Vehicles India

CESL opens tenders for 100,000 light electric vehicles. This comes as part of the CESL aim to have half a million light electric vehicles across India. Let us know more about CESL opens tenders for light electric vehicles. . CESL partners Hindustan Petroleum Corporation Limited (HPCL). CESL opens tenders.

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80+ companies with over $1T in revenue call for 100% ZEV sales by 2035

Electrek

Two powerful corporate networks that represent more than 80 companies with a combined $1.3 The pair of letters calls for interim strong fuel economy and emission standards and 100% zero-emission vehicle (ZEV) sales of light-duty vehicles by 2035 at the latest.

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BYD and UzAuto to form NEV production JV in Uzbekistan

Green Car Congress

UzAuto companies produce a range of vehicles from light passenger vehicles to heavy-duty trucks, buses, trailers and superstructures with an annual production volume of more than 350,000 vehicles per year. Collaboration is a core part of the BYD strategy, and it is important to work with other corporations who share the same vision.