0

Automaker industry groups are urging China to ease up on quotas for selling plug-in electrified and fuel cell vehicles under the national government’s proposed and pressing timetable. A letter from four trade groups, dated June 18 and viewed and reported today by Reuters, protests a major shift in the country’s new energy vehicles policy. The […]

+ Read More
0

Tesla CEO Elon Musk’s surprise meeting with a top Chinese official indicates the electric automaker has big plans in store for that country. Late Tuesday, China’s official news agency posted a tweet with a photo of Musk meeting Chinese vice premier Wang Yang in a formal setting. The government is taking Tesla seriously. It’s the […]

+ Read More
0

Today in China, BYD revealed its new Dynasty electric concept SUV along with electrified versions in its Song series. During its annual gala tied into the Auto Shanghai motor show, executives outlined the vehicle launches and corporate mission over the next year. The audience at the Shanghai Oriental Sports Center saw the launch of electric […]

+ Read More
0

Volvo is ready to strengthen its presence in both China and the global electrified vehicle market through a battery electric vehicle launch. The Swedish automaker is preparing to manufacture its first all-electric model in China, with an official launch expected next week at Shanghai’s auto show, sources told Automotive News Europe. It’s expected to launch […]

+ Read More
0

Ford Motor Co. is expanding its presence in China’s burgeoning plug-in electrified vehicle market with two vehicle launches and by adding manufacturing facilities. One, based on the European version of the Fusion, is the Mondeo Energi plug-in hybrid to be launched early next year. It will be the first PHEV manufactured by Ford’s state-mandated joint […]

+ Read More
0

Tesla has gained significant financial backing by way of a 5-percent investment by Chinese tech giant Tencent Holdings. The company’s $1.78 billion stake in the electric automaker, or about 8.2 million shares makes it Tesla’s fifth-largest shareholder. The first four largest shareholders consist of CEO Elon Musk and investment companies Fidelity, Baillie Gifford, and T. […]

+ Read More
0

Chinese electric car startup WM Motor wants to take on Tesla, but more on the affordable Model 3 side. The company is aiming to become a provider of smart, connected mobility services in China’s fast-growing cities. It differs from Tesla and other start-ups in this space in that the three EVs it aims to launch […]

+ Read More
0

China is considering phasing out subsidies for plug-in electrified vehicles and switching over to automaker mandates similar to California’s system. For China’s “new-energy vehicles” campaign, the government may eliminate its generous incentive program for electric vehicles and plug-in hybrids and transition over to a credit-based system for automakers to follow. Automakers would be required to build […]

+ Read More
0

Elon Musk calls Hong Kong a “beacon city” for electric vehicles, setting an example for the rest of the world to follow. Hong Kong has been a strong market for Tesla Model S sales as the company expands its presence in Asia. Tesla’s presence in the city is also being helped by the fact that […]

+ Read More
0

Tesla Motors has launched the “Tesla Charging Partnership Program” in China to promote a national electric vehicle charging standard. The Chinese government has developed a new charging standard to more efficiently deploy a charging infrastructure capable of supporting the up to five million electric vehicles it hopes to get on the roads by 2020. Tesla […]

+ Read More