EV
GAC Toyota to increase capacity by 400,000 NEVs per year with RMB11.329 billion investment
GAC Toyota to increase capacity by 400,000 NEVs per year with RMB11.329 billion investment

GAC Toyota, one of Toyota’s major joint ventures in China, is ready to plow RMB 11.329 billion (around $1.644 billion) into a program for new energy vehicle (NEV) capacity expansion, according to an announcement released on May 6 by GAC Group.

May 7 , 2019
Fiat Chrysler CEO Eyes Peugeot's Electric Car Platform
Fiat Chrysler CEO Eyes Peugeot's Electric Car Platform

With its electric vehicle push only just beginning to take shape, Fiat Chrysler Automobiles could be looking to other automakers to help it catch up as tougher emissions regulations start to take hold.

May 6 , 2019
Geely Binyue SUV’s PHEV version said to come at the end of May
Geely Binyue SUV’s PHEV version said to come at the end of May

The PHEV (plug-in hybrid vehicle) version of the Geely Binyue, a SUV model going on sale on October 31, 2018, is said to head the market at the end of March or in early June, according to a local media outlet.

May 6 , 2019
FAW Xiali to build NEV joint venture with startup Bordrin
FAW Xiali to build NEV joint venture with startup Bordrin

Tianjin FAW Xiali Automobile Co., Ltd. (FAW Xiali) announced on April 29 that it has signed a framework agreement with the new energy vehicle (NEV) startup Nanjing Bordrin New Energy Vehicle Co., Ltd. to build a JV focusing on manufacturing NEVs.

Apr. 30 , 2019