China Economic ReviewSK Telecom, South Korea’s top mobile carrier, has introduced the world’s first commercial mobile telematics service in China. Telematics has several different definitions. Here is it used in the sense of the integrated use of telecommunications and informatics, for application in vehicles and with control of vehicles on the move. This new system – called […]
France-based Faurecia Group, one of the top 500 enterprises and the sixth largest auto parts supplier, and Chinese automaker Geely Group will set up a joint venture to build factories in Cixi in Zhejiang, Jinan in Shandong, Lanzhou in Gansu, Xiangtan in Hunan, Chengdu in Sichuan and Shanghai. The factories will design, develop and produce […]
Kandi Technologies has opened Jinhua City’s first ‘battery charging farm’ and ‘express change’ battery station. It has also launched sales of its pure electric vehicles. With a low base price of RMB39,500 (US$5,918) excluding batteries, and with the expectation of local subsidies, the first 20 Kandi EVs sold out immediately. The Jinhua Dong Guan […]
BYD is the poster child for the electric car revolution in China, but investor and media hype has proven an expensive distraction
The Beijing Science and Technology Commission would like to see 30,000 renewable energy cars on the city’s roads by the end of 2012. The commission said the Beijing municipal government will provide subsidies of up to RMB60,000 (US$9,000) to residents who opt for renewable energy cars. In addition, 100 large charging stations and 36,000 smaller […]