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Stellantis & Leapmotor joint venture gets approval from Chinese regulator

Teslarati

It acquired 20% of the Chinese automakers, making it a significant shareholder. Tesla’s China deals concerns chair of US Congressional Committee In a statement to Reuters , Leapmotor shared that its first EV model for the overseas market will be launched for sale in Germany, France, Italy, and Spain. billion in Leapmotor.

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Anjie Wireless licenses WiTricity technology for China EV market

Green Car Congress

Under the terms of the agreement, Anjie Wireless will license WiTricity’s patented magnetic resonance technology and industry-leading designs to develop and commercialize highly efficient wireless electric vehicle (EV) charging systems for sale to leading carmaker brands in the China market.

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Audi delivers more than 50,000 cars in China in one month for the first time; 3x US sales

Green Car Congress

Audi achieved new record figures in the Chinese market in the first half of the year, increasing unit sales in China including Hong Kong and Macau by 17.8% In June, the company for the first time passed the mark of 50,000 deliveries in one month (50,756, up 14.1% to 268,666 automobiles.

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U.S. Automakers May Have to Stop Selling Chinese-Built Vehicles Here

The Truth About Cars

The United States’ tariffs on Chinese vehicles has obvious targets in the well-known automakers from the country, but American companies will see significant impacts from the changes. A recent report from Reuters shows that Ford and General Motors both import vehicles built in China for sale in the U.S.,

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Audi shows new A6 e-tron concept electric vehicle in Shanghai

Green Car Congress

Audi and its Chinese partner companies FAW and SAIC are showing four world premieres: the brand-new Audi A6 e-tron concept vehicle and the all-round updated Audi Q5L, in addition to the Audi A7L and an SUV study, still kept beneath a cover, named Audi concept Shanghai. meter-long vehicle to be unveiled in the second half of 2021.

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Volvo Group to acquires 45% of Dongfeng Commercial Vehicles for $900M; Volvo to become world’s largest manufacturer of heavy-duty trucks

Green Car Congress

AB Volvo has signed an agreement with the Chinese vehicle manufacturer Dongfeng Motor Group Company Limited (DFG) to acquire 45% of a new subsidiary of DFG, Dongfeng Commercial Vehicles (DFCV), which will include the major part of DFG’s medium- and heavy-duty commercial vehicles business. China is the world’s largest truck market.

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Pike Research forecasts China plug-in market to reach 152,000 units/year by 2017, falling short of government targets; BEVs to dominate

Green Car Congress

The Chinese government initially overestimated consumer demand for electric vehicles, and has made adjustments to its incentive policies. planned for sales to the mass market in five pilot cities encountered delays due to infrastructure installments, Pike noted, and consequently were not rolled out in 2011. BEV/PHEV cars that were.

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