Market & Industry
Renault electric car likely to enter China after 2014

Shanghai November 1 (Gasgoo.com) Renault Greater China has officially started its pure electric vehicle introduction project, and is likely to import an electric car to the Chinese market after 2014, Chen Guozhang, the company's CEO said in a recent interview with the Beijing Times.

Jan. 13 , 2011
Geely in talks with Foxconn on new energy vehicles

Shanghai January 13 (Gasgoo.com) Geely Automobile (00175.HK) is hoping to create a bridge to allow Taiwan industries develop in Mainland China. Yang Xueliang, Geely's public relations director, in an interview with First Financial Daily yesterday said that Geely is currently in the early stages of contact with Foxconn, the world's largest electronics contract manufacturer, with the goal of cooperating on developing new energy automobiles.

Jan. 13 , 2011
Car companies take caution in anticipation of slow 2011 sales

Shanghai January 13 (Gasgoo.com) With 2011 already upon us, there is an ever-increasing risk of automobile sales tapering off. Despite the boom season at the end of last year, seeing long lines of eager customers wanting to drive off with the hottest-selling vehicles, those within the industry are relatively more pragmatic in planning for the new year. Companies are more cautious than last year, with a few enterprises designation 2011 as an adjustment year. A majority of companies said that, compared to this past December, this season the automobile market may experience negative growth.

Jan. 13 , 2011
SAIC aims to take 20% of China's new energy vehicle market by 2015

Shanghai October 25 (Gasgoo.com) China's largest auto maker Shanghai Automotive Industry Corporation (SAIC) has in recent years created a comprehensive layout of the new energy automotive industry chain, and is planning to increase its market share in the segment to 20% by 2015, its Chairman Hu Maoyuan said at the "Drive to 2030": World Expo and Sustainable Automotive Industry Development forum, co-hosted with General Motors on October 15, the Beijing News reported Monday.

Jan. 12 , 2011