China is both the most-polluting nation on Earth and, at the same time, its biggest producer of “clean” energy. That’s the paradox of this “factory of the world”, which decided several years ago to take on the energy challengeand gradually reduce its use of coal in favor of hydroelectric, wind, solar and nuclear power. China’s Vice Premier Zhang Gaoli and International Energy Agency Executive Director Fatih Birol met in December, when Birol visited Beijing to discuss China’s
BEIJING (Reuters) - Renault and Brilliance China Automotive Holdings Ltd have formed a joint venture to design and manufacture light commercial vehicles (LCVs) in China, with an aim to sell 150,000 such vehicles a year by 2022, the two firms reported. The venture, Renault-Brilliance-Jinbei Automotive Co, will have manufacturing operations in Shenyang, the provincial capital of Liaoning, they said in a joint statement. It plans to produce and sell multi-purpose vans and commer
An interesting point of view and a very important factor indicated by Jimi Beckwith of autocar. co.uk. Car makers are worried that China’s EV electric sales targets are too strict and have urged the government for more flexible legislation. Car makers from across the industry have written a letter asking China to reconsider its plan to introduce stringent sales quotas for electric vehicles. The Chinese government is planning to introduce quotas that determine how many of each
As of the end of 2016, two million electric vehicles (EVs) had hit the roads globally, or according to the IEA 0.2% of all passenger cars. Auto manufacturers have invested substantial capital into EV technology, betting EVs are the future of the transportation. Tesla, the leading manufacturer of EVs, have showcased to the world the potential of EVs. The introduction of the Model 3, and other manufacturers releases at competitive price points, EVs are set to disrupt the global
Japanese automakers' U.S. sales slid mostly sideways last year, but their China business is booming.
Two manufacturers, Mazda Motor Corp. and Mitsubishi Motors Corp., finally are selling more vehicles in the world’s biggest market than in the United States.
Last year, Mazda’s passenger vehicle sales in China grew 8.3 percent to 309,407 vehicles, while its U.S. sales slid 2.8 percent.
Mitsubishi’s sales in China also eclipsed those in the U.S., growing 56 percent to 129,
China made more than half of electric car purchases in the third quarter. Electric vehicles sales surged to a record in the third quarter, largely driven by strong demand in China. Sales of battery electric vehicles and plug-in hybrids exceeded 287,000 units in the three months ended in September, 63 per cent higher than the same quarter a year ago and up 23 per cent from the second quarter, according to a report released Tuesday by Bloomberg New Energy Finance (BNEF). China