Renault to start building only electric vehicles for China

Renault Alpine A110 Sportscar 2017 Geneva show

Renault stated Tuesday that it would start building only electric vehicles for China’s passenger car market, moving away from conventional internal combustion engines and also its joint venture with Dongfeng.  The strategy shift comes after years of declining sales in China, where Renault hoped its 50-50 venture with Dongfeng, declared in 2013 and focused on […]

Chinese electric automakers hit by new threat of subsidy cuts

Shares of Chinese electric-car makers dropped following a Bloomberg News report that stated regulators may slash subsidies further on the embattled industry. BYD Co., China’s biggest company of new energy vehicles, dropped 2.8% in Hong Kong. BAIC BluePark New Energy Technology, the country’s biggest company of pure electric cars, retreated 2.9% in Shanghai, while Contemporary Amperex Technology, […]

Volkswagen plans electric auto plant with JAC in China

JAC Motors

Volkswagen’s joint venture with China’s Anhui Jianghuai (JAC) prepares to spend 5.06 billion yuan ($750.8 million) in a new electric car factory located in eastern Hefei city, according to local officials. A document published online by the Hefei Economic and Technological Development Area on Monday revealed that Volkswagen and JAC had obtained approval from environmental […]

Daimler, BMW looks to limit cooperation to produce electric car in China

BMW and Daimler logo

Daimler and BMW are thinking to limit their planned cooperation to jointly produce an affordable electric car in China, according to German daily Sueddeutsche Zeitung. Daimler and BMW refused to discuss. Last month, news reports stated that BMW and Daimler are in discussion to cooperate in developing vehicle platforms for electric cars in a move […]

China’s Xiaomi hints it is looking to build electric cars

xiaomi images

China-based smartphone maker Xiaomi has hinted at plans to build electric vehicles as tech groups progressively look to cars as next-generation smart devices. In a regulatory filing in India publicised this week, Xiaomi stated it may offer “all types of automobiles for transportation, conveyance and other transportation equipment, whether based on electricity or any other […]

China Prepares to Provide Low-Speed Electric Car Makers Legal Status

Lesee concept car

China prepares to plug a regulatory gap and start supervising low-speed electric vehicles utilized primarily in the country’s rural locations, legitimizing a market sector that overshadows sales of regular battery-electric automobiles made by the companies like BYD Co. and Tesla Motors Inc. Under the present regulative framework, there are no rules governing the creation and […]

Daimler to offer Mercedes-Benz branded all-electric battery cars in China

Daimler logo

Daimler AG prepares to sell Mercedes-Benz branded all-electric battery automobiles in China, its China chief stated on Wednesday, as the automaker capitalizes on government efforts aimed at increasing the market for new-energy vehicles (NEVs). Hubertus Troska stated the government’s push, which includes tax breaks and other policy support, has assisted the numerous NEVs sold last […]