Posts Tagged: Electric Vehicles in China

Li-ion batteries a bright spot in China’s economy

China’s overall economy is in the doldrums these days, but the lithium-ion battery industry is booming, according to market intelligence firm CCM. Nearly 80% of the world’s new investment in Li-ion batteries was in China in 2014. China’s electrochemical energy storage market recorded a compound annual growth rate of 110% from 2010 to 2015, about… Read more »

NextEV founder: Chinese Tesla wannabes have no idea what they’re up against

The lure of China’s EV market, with its vast potential size and a government committed to promoting new energy vehicles, is an enticing one for established automakers and startups alike. Shenzhen-based BYD (in which Warren Buffett’s Berkshire Hathaway owns a 9% stake) currently dominates China’s new energy vehicle market, with an 18% share. Tesla is… Read more »

Chinese EV efforts to concentrate on government fleets and battery tech

China has been making a major push to electrify its transportation sector, an effort that has largely relied on subsidies for EV producers and buyers. Plug-in sales in 2015 were over 330,000 units – a lot of cars by Western standards, but still short of Beijing’s goal of half a million. In January, the Finance… Read more »

Massive Beijing charging station can charge 30 e-buses at up to 360 kW

China is now the capital of big things, especially when it comes to EVs. China State Grid has opened the world’s largest ultra-fast EV charging station in Beijing. The 26,500-square-meter charging complex at Xiaoying Terminal has 25 360 kW chargers and five 90 kW chargers, and can charge 30 electric transit buses at a time…. Read more »

China proposes “game-changing” goals for EV charging infrastructure

The Chinese government has proposed an ambitious plan to improve the country’s EV charging infrastructure. The new strategy, announced in September by the State Council, envisions a charging infrastructure capable of supporting up to 5 million EVs by 2020. Market analysis firm CCM estimates that the program, which calls for 12,000 public charging stations and 4.5… Read more »

Efficient Drivetrains builds fleet of plug-in trucks for Port of Shanghai

Efficient Drivetrains, Inc. (EDI) has partnered with Shaanxi Automotive to build a fleet of plug-in hybrid trucks to the Port of Shanghai. Shaanxi said it expects to provide up to 200 of the PHEVs in 2016. The two companies are already working together on plug-in natural gas hybrid city buses. Shaanxi built a prototype bus… Read more »

Chinese EV market takes off – as Western automakers watch from the sidelines

Sales of plug-in vehicles in China are quickly ramping up, spurred by generous government subsidies, which in turn are motivated by choking air pollution in the country’s major cities. Yonghe Huang, Director of Policy Research at the China Automotive Technology Center, highlighted the explosive growth in a recent presentation. In 2014, automakers in China produced… Read more »

Tesla installs chargers at six Chinese shopping malls

Hang Lung Properties, a major Hong Kong real estate developer, has announced a collaboration with Tesla to install destination chargers at six shopping malls in mainland China. In the first stage of the project, 19 chargers will be installed at Hang Lung-owned malls in Tianjin, Wuxi, Shanghai, Shenyang, Jinan and Dalian. Hang Lung and Tesla… Read more »

Norway and Netherlands lead in plug-in vehicle market share, Koreans feeling left out

It’s no surprise that EV usage is growing much faster in some countries than in others. A recent report from IHS Automotive comparing EV uptake in eight of the world’s most advanced economies shows huge differences not only in the market share of plug-in vehicles, but also in the specific models favored by consumers. Most… Read more »

Kandi makes $89-million deal as Chinese auto market moves online

Kandi Technologies Group (NASDAQ: KNDI), a Chinese EV-maker and car-sharing operator, has announced a new sale that will not only significantly expand its volume, but also explore the potential of online EV sales. Kandi Electric Vehicles Group, a joint venture with automaker Geely, has signed a sales contract with Zhejiang Shi Kong Electric Vehicle for… Read more »