Chinese automakers aspiring to go global
The recent display of a new hybrid SUV by Lynk & Company to electric car enthusiasts in Amsterdam is an apparent indication of the fact that China’s ambitious auto industry is set to go global.
The unveiling of the new hybrid SUV by Lynk & Co. came at a blacked-out warehouse. The move has set the scene for a first-of-its-kind development in which a Chinese-branded car will be manufactured in Western Europe for sale in the region, with the eventual goal of hitting the showrooms in the US.
The aspirations of Chinese automakers to go global are being spearheaded by Geely Group’s billionaire owner Li Shufu. China is aiming at becoming one of the major forces in the electric automobile market, by becoming a significant fourth player in the global auto industry, alongside the present Big Three --- the US, Germany and Japan.
To set the pace for taking China’s car revolution to a global scale, at least four Chinese carmakers have efforts underway to commence car sales in the US in 2019, along with three Chinese-owned start-ups --- SF Motors Inc., Byton, and NIO.
In addition, electric buses are being manufactured by BYD Co. in California; the testing of autonomous-driving big trucks has been commenced by Beijing-based TuSimple Inc. in Arizona; and Baidu Inc. is teaming up Microsoft Corp., Nvidia Corp., and TomTom NV on a self-driving platform.
At Quebec’s Assemblee Nationale on May 15, 2018, a law was presented by Minister Pierre Moreau -- Quebec’s Minister of Energy and Natural Resources -- for the setting up of a public DC fast charging (DCFC) network for electric vehicles (EVs) aroun
According to a Nikkei report, China-based automotive battery manufacturer Contemporary Amperex Technology (CATL) will likely be supplying batteries to Nissan and Renault for a series of new electric cars being planned by the two automakers for the
In a recent announcement, US electric-scooter company Razor has said that it has launched its new electric scooter share service in Long Beach, after having received a permit from the city to operate the service.
According to latest reports and market data, the annual sales of electric vehicles (EVs) in China appear to be on pace to hit a new milestone this year --- one million units.
Chevrolet’s Bolt is value-for-money electric vehicle with high demand in the U.S. market but new reports suggest high demand for Bolt EV in Canada as well.
According to a recent EV magazine Electrek’s report, General Motors (GM) is bringing some new updates to its sole all-electric vehicle, the Chevy Bolt EV, with the forthcoming release of the vehicle’s third model year.