Sales of electric cars and plug-in hybrids in China increased again in May. Around 717,000 of the so-called New Energy Vehicles (NEV) were sold, according to data published by the China Association of Automobile Manufacturers (CAAM).
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At the Shanghai Auto Show, Honda announced plans that it will only sell electric cars in China by 2035. The Japanese carmaker also provided a preview of new electric models to be launched on the Chinese market next year.
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At the Shanghai auto show, Toyota presented two new BEV concept models that the Japanese carmaker plans to bring to market in China in 2024 together with its local partners. In addition, the bZ3 electric sedan has now officially gone on sale.
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The German conversion company Abt and Yotta Automobile have set up a Chinese joint venture called ‘Abt Technologies (Guangzhou) Co., Ltd’. It has exclusive rights to sell refinement parts, co-branded vehicles and services under the Abt brand in China.
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The year is also off to a weak start in China, where around 408,000 new energy vehicles (NEVs) were sold in January 2023, almost 50 per cent fewer than in December 2022 and 6.3 per cent fewer than in the same month last year. This is according to data from the China Association of Automobile […]
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Toyota has significantly reduced the price of its electric SUV bZ4X in China, only four months after the official sales launch. The move is seen as a reaction to the wave of price cuts initiated by Tesla in January.
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Total sales of New Energy Vehicles in 2022 amounted to 6.887 million units. This is according to statistics from the China Association of Automobile Manufacturers (CAAM) and represents an increase of 93.4 per cent compared to 2021.
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China’s State Administration for Market Regulation will have Honda recall almost 200,000 hybrid vehicles the Japanese carmaker produced in alliance with Chinese manufacturers Dongfeng and GAC between 2018 and 2020.
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The Chinese car company GAC has started building a production facility for electric car batteries in Guangzhou. With a total investment of 10.9 billion yuan (1.5 billion euros or $1.561 billion), the new factory is scheduled to go into operation in March 2024 with an annual production capacity of 6 GWh.
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The Chinese electric car brand Hycan is starting deliveries of its first electric coupe model the Hycan A06 on the Chinese market. Deliveries are now kicking off in Guangzhou and Hangzhou.
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In China, sales of new energy cars reached a new high in November: According to estimates by the China Passenger Car Association (CPCA), around 732,000 new energy cars were sold – about 56,000 more than in the previous record month of October 2022.
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In China, sales of new-energy passenger cars were almost unchanged in October compared to the previous record month of September 2022. About 676,000 NEV passenger cars were sold in October 2022, including about 508,000 BEVs and 167,000 PHEVs.
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GAC Aion, the electric car subsidiary of the Chinese GAC Group, has presented its new vehicle platform AEP 3.0. The new electric car platform is intended to enable more efficient electric cars, particularly sporty vehicles – at least the first model will be at the sporty end of the scale.
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GAC Aion has completed a financing round of 18.29 billion yuan (2.56 billion euros), in which 53 investors participated. The option of an IPO will probably now be explored with the strategic investors.
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GAC Aion, the electric car subsidiary of the Chinese GAC Group, has presented its new premium brand Hyper and its first representative Hyper SSR. The model is an all-electric super sports car with gullwing doors and a maximum output of 913 kW.
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Honda is raising the curtain on a Japanese-Chinese procurement initiative: The company plans to set up a joint venture in China with its Chinese partners Dongfeng and GAC at the end of this month. The goal is to bundle purchases of electric vehicle batteries from CATL.
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The Chinese car company GAC has announced the foundation of a subsidiary for the industrialisation of its own battery business. The new company, named Lvqingg, will probably focus mainly on LFP batteries and build its own battery factory.
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The Chinese lithium producer Ganfeng Lithium has agreed on a long-term strategic partnership with GAC Aion, the electric car offshoot of the Chinese GAC Group. This is not just about the supply of battery materials.
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The Chinese car company GAC Group is investing 2.16 billion yuan (312 million euros) in setting up a subsidiary for the production of electric drive systems. The new subsidiary plans to build production lines with an annual capacity of 400,000 integrated electric drive systems by 2025.
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Chinese carmaker GAC has unveiled a next-generation LFP battery designed to improve energy density as well as low-temperature, fast-charging and durability indicators. It is expected to be in use as early as next year.
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The Chinese joint venture GAC Honda has started construction of a new electric car plant in Guangzhou, Guangdong province. In addition, GAC Honda’s electric SUV e:NP1 has gone on sale in China.
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GAC Aion, the electric car offshoot of China’s GAC Group, has completed the expansion of its existing production facility to an annual capacity of now 200,000 electric cars. When the second plant comes on stream in December, production capacity will rise to 400,000 cars per year.
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In China, 412,000 new energy vehicles (NEVs) were sold in January 2022. This was 141 per cent higher than in January 2021 for electric cars, plug-in hybrids and fuel cell cars, with battery-electric cars, in particular, making gains.
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GAC Aion, the electric car offshoot of the Chinese GAC Group, is building a second plant with a capacity of 200,000 vehicles per year. With the new plant, whose construction is to be completed by December 2022 according to Chinese media, GAC Aion would double its production capacity.
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Mitsubishi has just presented an electric SUV at Auto Guangzhou as part of its Chinese joint venture with GAC. The Mitsubishi Airtrek is to be produced by GAC Mitsubishi Motors for the Chinese market from next year.
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The Chinese manufacturer GAC Aion has increased the maximum range of its LX electric SUV to over 1,000 kilometres – albeit, as is still customary in China, according to the outdated NEDC standard. The improved vehicle is expected to debut on GAC Aion’s home market in the coming months.
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In China, around 357,000 New Energy Vehicles were sold in September. Battery-electric vehicles, plug-in hybrids and fuel cell vehicles together accounted for a market share of 17.3 per cent. BYD continues to be the strongest brand.
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China’s electric car manufacturers recorded rising sales figures for electric cars and plug-in hybrids in August. BYD surpassed the 60,000 new electric vehicle (NEV) sales mark for the first time. By comparison, Tesla sold 44,264 of its vehicles manufactured in China last month.
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The Chinese joint venture GAC Honda wants to increase its production capacities for electric cars and plug-in hybrids by 120,000 vehicles per year with the construction of a new plant. Construction is scheduled to begin in October this year and be completed in 2024.
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GAC Aion, the electric car offshoot of China’s GAC Group, has teamed up with ride-hailing company Didi Chuxing to develop an autonomous electric car. The plan is to develop a model for “large-scale commercial applications to accelerate mass production”.
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