New Chinese Automaker Debuts Hybrid SUV That Could Be Headed to US!
The company, which also owns Volvo, says that Lynk & Co will focus on connectivity, launching with an open API, sharing services and the first dedicated app store for cars. To preview what Lynk & Co intends to bring to market, the brand just debuted a hybrid compact SUV called the 01, which is built on the Compact Modular Architecture (CMA) platform. Like Tesla, this new brand plans on selling directly to consumers, while having flagship stores around the world. Currently, th
China Continues To Be The World’s Largest Vehicle Market!
The Government of China views its automotive industry, including the auto parts sector, as one of the country’s pillar industries. China continues to be the world’s largest vehicle market with sales of over 28 million units in 2016, a year-on-year growth of 9% from 2015. The Chinese Central Government expects that China’s automobile output will reach 30 million units by 2020 and 35 million by 2025. Made in China 2025 is an initiative to upgrade the country’s industry from l
Expanding Its Lead In New Energy Vehicles, China!
CHINA is extending its lead in the development of new-energy vehicles this year, mainly driven by rapid market growth and increasing battery production capability, according to a report published by German consulting firm Roland Berger. In terms of the sales target of electric vehicles, China sets a target of having electric vehicles account for 15 percent to 20 percent of the total car sales in 2025 and 40 percent to 50 percent of those sold in 2030, Roland Berger said in it
Green, Auto Hybrid demand increase production, 2017!
While China’s production of domestic and international automobiles may not be excessive they continue to be a major world automobile market influencer. In their extensive research and development of cleaner and more efficient vehicles China has surpassed many of the world’s automobile manufacturing giants. In 2011 China produced only 12,552 electric vehicle units as opposed to one year later, in 2012, when they produced 11,241 units of solely electric vehicles which raised th