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GAC Group begins construction of $6.5B industrial park for electric and intelligent vehicles

Green Car Congress

The new electric vehicle plant, part of the industrial park, is expected to be completed by the end of 2018 with a total investment of 4.69 Rendering of GAC Motor’s planned industrial park for electric and intelligent vehicles. The move will help promote the development of the automobile industry and drive economic growth.

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Renault and Brilliance sign strategic cooperation agreement with Liaoning province, China; 3 new electric LCVs in 2 years

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a joint venture to manufacture and sell light commercial vehicles (LCV), signed a Strategic Cooperation agreement with Chinese officials from Liaoning Province to further accelerate growth of LCVs in China. The Chinese LCV market forecast is for 3 million units per year, growing and moving rapidly.

China 207
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Volkswagen Group to Invest 4B by 2011 to Expand Activities in China

Green Car Congress

The investments are to be financed from the cash flow of the Chinese joint venture companies. Volkswagen Group China is well on the way to reaching the target of doubling sales to two million vehicles laid down in our Strategy 2018 earlier than planned. —Dr. Between 2009 and 2011, the Group is to invest a total of €4 billion (US$5.8

China 210
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Volkswagen Group to invest more than €9.8 billion in China by 2015; efficient products and production

Green Car Congress

The Volkswagen Group, through its two Chinese joint ventures, will be investing more than €9.8 By 2018, the workforce is to increase from 75,000 to 100,000 people. million to more than 4 million units per year in 2018, with a view to relieving the burden on existing plants in a growing market.

2015 218
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CHAdeMO, China Electricity Council to co-develop next-gen ultra-fast EV charging standard; backward compatibility with CHAdeMO, GB/T

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released in May 2018, now allows for up to 400kW, making high-voltage charging up to 1kV possible using liquid-cooled cable assemblies (still with the exact same CHAdeMO plug shape) or via pantographs. CHAdeMO Version 1.2 published in March 2017) enabled high-power charging up to 200kW (400A x 500V).

Standards 199
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Toyota to launch two new plug-in hybrid models in China; Corolla and Levin

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On the eve of the 2016 Beijing International Automobile Exhibition, Toyota announced that it will launch plug-in hybrid versions of the Corolla and Levin—two mass-market models, both of which have conventional hybrid variants—in China during 2018. Click to enlarge. New turbo engine.

Plug-in 150
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Nidec to form electric traction motor JV with a subsidiary of Guangzhou Automobile Group

Green Car Congress

Nidec’s fully integrated automotive traction motor system E-Axle (announced in April 2018). GAC Components is a subsidiary of major Chinese car manufacturer Guangzhou Automobile Group with the sixth-largest market share in the increasingly environmentally strict China. billion to US$9.3