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Polestar 3 officially unveiled in China, price cut by about $29,080 from previous

CN EV Post

Polestar has officially unveiled the Polestar 3 in China today with what it calls a new pricing system. | Polestar.US The Polestar 3 is Polestar's first SUV and will be the electric vehicle company's first all-electric model that will be produced in both China and the US. seconds and the long-range version at 5 seconds. ($1

China 135
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Oil companies “break the circle”! Total Energy to build tens of thousands of charging piles in China

Setec Powerr

In 2021, one out of every ten cars sold in China will be a new energy vehicle. When “replacing oil with electricity” has become a trend, the transportation industry has maintained the era of fuel oil for hundreds of years, but it is also undergoing subversive changes. who moved the oil cheese.

Oil 98
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Toyota to launch two new plug-in hybrid models in China; Corolla and Levin

Green Car Congress

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. and Sinogy Toyota Automotive Energy System Co.,

Plug-in 150
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GAC Group begins construction of $6.5B industrial park for electric and intelligent vehicles

Green Car Congress

China-based automobile manufacturer Guangzhou Automobile Group (GAC Group), the parent company of GAC Motor, has begun construction of a large industrial park for electric and intelligent vehicles as part of its efforts to boost its electric vehicle business. —Yu Jun, General Manager of GAC Motor.

Industry 247
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EIA: China promoting both fuel efficiency and alternative-fuel vehicles to curb growing oil use

Green Car Congress

Consumption of gasoline in China grew from 0.9 This continues a trend of significant growth in China’s transportation sector since the 1990s. Increasing oil demand is requiring increasing imports; since 2009, China has been importing more than half of its petroleum needs. China vehicle sales and gasoline consumption.

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Nidec to Acquire Emerson Electric Co. Motors & Controls Business

Green Car Congress

Japan’s Nidec Corporation, the world’s leading manufacturer of motors for hard-disk drives, has entered into an asset and stock purchase agreement with Emerson Electric Co. EMC) to acquire EMC’s Motors & Controls business in an all cash deal. Tags: Motors. Terms of the arrangement were not disclosed. Earlier post.)

Motoring 186
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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

Green Car Congress

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. Natural gas and other alternative fuel vehicle technology is basically mature, the government said, and is headed toward initial industrialization. L/100km (40 mpg US) or less.