Changan Acquires AVIC Units to Become 3rd Largest Automaker in China

Green Car Congress

China Ordnance Equipment Group, Chang’an’s parent, will transfer a stake in Chang’an Auto to AVIC in exchange for AVIC’s ownership share of minivan maker Harbin Hafei Automobile Industry Group, Changhe Automobile, engine maker Dongan Power, Changhe Suzuki and Dongan Mitsubishi. million vehicles at 21 car factories nationwide, giving it the opportunity to challenge the nation’s biggest car maker, Shanghai-based SAIC Motor Corp. Shanghai Daily.

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Analysis: What’s the Best Way to Market EVs?

Clean Fleet Report

The Chevrolet Volt was a purpose-built plug-in hybrid, with an electric motor driving the car and a small gas engine that charged the small battery when it was depleted. Next up will be the ID.Buzz electric minivan. Harley-Davidson Launches Stand-Alone Electric Bike Brand.