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China to Encourage Consolidation in Auto Industry; Push to Increase Market Share of Domestic Automakers

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China Daily. China’s central government plans to implement a new policy in the first half of this year to encourage auto industry consolidation and further the development of Chinese-brand passenger vehicles, an official from the Ministry of Industry and Information Technology said at a recent news conference.

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China publishes plan to boost fuel-efficient and new energy vehicles and domestic auto industry; targeting 500K PHEVs and EVs in 2015, rising to 2M by 2020

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China is targeting the cumulative production and sales of more than 5 million new energy vehicles, including fuel cell vehicles, by that time as well. However, generally speaking, the government continued, China has not achieved a breakthrough with new energy automobiles and core components of the key technologies.

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GreenTech Automotive to bring 2,000 JAC BEVs from China for US market

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China automaker JAC (Jianghuai Automobile Co) will sign a cooperation agreement on the export of 2,000 battery electric vehicles with US-based GreenTech Automotive Corp. GTA) to develop the US electric vehicle market. In February 2013, a sample EV was sent to the US for testing and performance inspections.

China 247
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Ford reorganizes Asia Pacific markets; establishes stand-alone China business

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As part of those actions, which include hiring a new President and CEO (Anning Chen) for Ford China, Ford China is elevated to a stand-alone business unit reporting to Ford global headquarters. Success in China is critical as we reposition our global business for long-term success. —Ford President and CEO Jim Hackett.

Asia 207
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GM China begins prototype battery cell fabrication

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GM China Advanced Technical Center’s Cell Fabrication Lab in Shanghai recently produced its first batch of battery cells. The GM China Advanced Technical Center recently produced its first batch of battery cells using advanced fabrication methods, an important milestone in the establishment of its battery material assessment capability.

GM 252
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Volkswagen Group launching major electro-mobility campaign in China; $25B on new vehicles, technologies and plants up to 2018

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The Volkswagen Group is launching a major electro-mobility campaign in China—the the biggest initiative for e-mobility in China’s automotive history, said Prof. Dr. Martin Winterkorn, CEO of Volkswagen AG, on the eve of the Auto China motor show in Beijing. billion (US$25.1 billion) up to 2018. Earlier post.).

2018 290
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GM’s China JVs investing $12B between 2014-2017 to expand; GM outlines China market trends

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In conjunction with the start of Auto China 2014 in Beijing, GM China President Matt Tsien announced that GM’s China joint ventures will make capital expenditures of about $12 billion between 2014 and 2017. China has been GM’s largest market since 2010, last year accounting for about one-third of its global sales.

China 186