GS Zhou
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But you have to.
Standardization is the core of auto industry. You can not reach high standardization via manual work.
China Automobile Industry, Technology (NEV, Driverless, etc): News & Images
- Thread starter TaiShang
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Standardization is the core of auto industry. You can not reach high standardization via manual work.
Echo_419
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GS Zhou
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you should not make the benchmark against the less developed countries like Bangladesh or Africa. They produce less than 100k unit cars a year, but your country produces 2 to 3 million cars a year. So automation is a serious topic to the Indian automobile industry.
Echo_419
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Where will we send the Millions of people employed in these industries?
We will adopt automation but it will only supplement the people employed in these industries and not become a substitute
TaiShang
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Maybe automotive related services. Ideally, as the automotive industry develops and gets more sophisticated, side/related industries (which are heavily services-oriented) should develop and grow in size. So, I think, as the core of auto manufacturing becomes automated, the services (finance, insurance, mechanic) expand and become labor-intensive.
Echo_419
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Almost every single thing from Agriculture ( Drones & Robots) to Manufacturing (Robots) to Services (Artifical Intelligence) is getting automated, we need every job we can get to pull the remaining population of India out of poverty. Though I admit we need to ensure that we maintain high productivity comparable to the rest of the world
GS Zhou
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I understand your argument. But this is an inevitable pain.
Let me share you some China experience:
China produced her first western standard car (Volkswagen Santana) in 1983. When the VW Santana was introduced to China, Volkswagen forced her China partner SAIC (Shanghai Automobile Industry Group) to fire half of the SAIC workers, because there were no sufficient positions for them on the German production line. That's indeed a pain. A great pain!! But if there were no sacrifice in 30years before, China would never have the chance to become world's No.1 Automobile producer!!
ahojunk
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| Fri Dec 23, 2016 | 4:12am EST | Reuters
China to require tougher new vehicle emission standards for 2020
China will require all light vehicles to adhere to tougher new "China VI" emission standards by the middle of 2020, according to a notice published by environment regulators on Friday.
The Ministry of Environmental Protection (MEP) said all sales and registrations of light vehicles will have to comply with the new standards - which are based on ones used in Europe and the United States - by July 1, 2020.
Cars will have to improve the catalytic converters, fuel injection and the structure of the engine's combustion chamber in order to meet the new standards, the ministry said.
All vehicles on China's roads are obliged to meet the previous China V emission standard by next year.
Northern China was engulfed in heavy smog this week, forcing as many as 24 cities to issue red alerts, close factories and cut the number of vehicles on the road.
According to a 2014 study by Beijing's environmental protection bureau, vehicle emissions were responsible for more than 30 percent of the city's concentrations of small, breathable particles known as PM2.5.
The MEP said the implementation of progressively stronger fuel standards since 2001 had reduced pollutants per vehicle unit by more than 90 percent.
The 34.6 million tonnes of carbon monoxide produced by automobiles last year amounted to 86.9 percent of total emissions of the gas, another smog component which is toxic to humans, said Liu Bingjiang, head of the MEP's Department of Atmospheric Environmental Management.
While China had been the world's biggest car producer since 2009, its technology remained lower than advanced international levels, and adopting tougher fuel standards would also help domestic producers raise their competitiveness, Liu added.
In remarks published on the MEP's website (www.mep.gov.cn), Liu said China's car ownership reached 170 million units by the end of 2015, including around 150 million light vehicles, with total emission volumes estimated at 45.3 million tonnes.
(Reporting by David Stanway; Editing by Christian Schmollinger)
********
When new energy vehicles become mainstream, air pollution will no longer be a problem.
Can't wait for this to happen.
.
China to require tougher new vehicle emission standards for 2020
China will require all light vehicles to adhere to tougher new "China VI" emission standards by the middle of 2020, according to a notice published by environment regulators on Friday.
The Ministry of Environmental Protection (MEP) said all sales and registrations of light vehicles will have to comply with the new standards - which are based on ones used in Europe and the United States - by July 1, 2020.
Cars will have to improve the catalytic converters, fuel injection and the structure of the engine's combustion chamber in order to meet the new standards, the ministry said.
All vehicles on China's roads are obliged to meet the previous China V emission standard by next year.
Northern China was engulfed in heavy smog this week, forcing as many as 24 cities to issue red alerts, close factories and cut the number of vehicles on the road.
According to a 2014 study by Beijing's environmental protection bureau, vehicle emissions were responsible for more than 30 percent of the city's concentrations of small, breathable particles known as PM2.5.
The MEP said the implementation of progressively stronger fuel standards since 2001 had reduced pollutants per vehicle unit by more than 90 percent.
The 34.6 million tonnes of carbon monoxide produced by automobiles last year amounted to 86.9 percent of total emissions of the gas, another smog component which is toxic to humans, said Liu Bingjiang, head of the MEP's Department of Atmospheric Environmental Management.
While China had been the world's biggest car producer since 2009, its technology remained lower than advanced international levels, and adopting tougher fuel standards would also help domestic producers raise their competitiveness, Liu added.
In remarks published on the MEP's website (www.mep.gov.cn), Liu said China's car ownership reached 170 million units by the end of 2015, including around 150 million light vehicles, with total emission volumes estimated at 45.3 million tonnes.
(Reporting by David Stanway; Editing by Christian Schmollinger)
********
When new energy vehicles become mainstream, air pollution will no longer be a problem.
Can't wait for this to happen.
.
ahojunk
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China to set communication standard for autonomous cars after 2018
December 21, 2016 @ 6:00 am
Jake Spring
BEIJING -- China will revisit in 2018 the standards for vehicle-to-vehicle communication that are vital for driverless cars and lay out a common national standard after that, the chief of the Society of Automotive Engineers of China said today.
China's aim to establish a national standard could speed the implementation of driverless cars in the world's biggest auto market, contrasting with a patchwork of state laws and standards in the United States that some in the industry say could hold back development.
Earlier this year, SAE-China -- under the direction of China's Ministry of Industry and Information Technology and with input from every major Chinese automaker -- set out to interpret vague directives for the automotive industry in sweeping 13th Five Year Plan and "Made in China 2025" policy.
The resulting 450-page roadmap, issued in October, lays out specific policy objectives for virtually every aspect of the automotive industry, including driverless vehicles and electric cars, for three five-year periods to 2030.
The document, however, stopped short of establishing a unified standard for cars to communicate with each other and surrounding infrastructure (V2I), both of which are crucial for autonomous vehicles to be successful.
China will "lay the foundation" for V2V and V2I standards in 2018 in the next update of the roadmap, with a more exact standard to be developed between 2020 and 2025 and agreed to by all automotive brands, SAE-China Chief Fu Yuwu said.
China's method of central unified planning could prove to be more effective than countries like Japan, which is struggling to make its big three automakers agree on standards, he said.
"You can't fundamentally use different channels [of communication] right? So in the end we need a unification process," Fu told Reuters. "This will be complicated and difficult but is in the best interests of the industry."
On MIIT's announcement about tightening a subsidy program for green energy cars, Fu said the move would not get in the way of meeting targets of at least 7 percent of cars sold being electric and plug-in hybrids by 2020.
By the end of the decade, aggressive average fuel economy requirements of 5 liters per 100 kilometers will set in, while subsidies will be phased out, a standard that will be impossible to meet without green energy cars, he said.
"Rolling them (subsides) back is important because you can't rely on policy supports forever," Fu added.
Contact Automotive News
********
Good news for the development of driverless cars.
,
December 21, 2016 @ 6:00 am
Jake Spring
BEIJING -- China will revisit in 2018 the standards for vehicle-to-vehicle communication that are vital for driverless cars and lay out a common national standard after that, the chief of the Society of Automotive Engineers of China said today.
China's aim to establish a national standard could speed the implementation of driverless cars in the world's biggest auto market, contrasting with a patchwork of state laws and standards in the United States that some in the industry say could hold back development.
Earlier this year, SAE-China -- under the direction of China's Ministry of Industry and Information Technology and with input from every major Chinese automaker -- set out to interpret vague directives for the automotive industry in sweeping 13th Five Year Plan and "Made in China 2025" policy.
The resulting 450-page roadmap, issued in October, lays out specific policy objectives for virtually every aspect of the automotive industry, including driverless vehicles and electric cars, for three five-year periods to 2030.
The document, however, stopped short of establishing a unified standard for cars to communicate with each other and surrounding infrastructure (V2I), both of which are crucial for autonomous vehicles to be successful.
China will "lay the foundation" for V2V and V2I standards in 2018 in the next update of the roadmap, with a more exact standard to be developed between 2020 and 2025 and agreed to by all automotive brands, SAE-China Chief Fu Yuwu said.
China's method of central unified planning could prove to be more effective than countries like Japan, which is struggling to make its big three automakers agree on standards, he said.
"You can't fundamentally use different channels [of communication] right? So in the end we need a unification process," Fu told Reuters. "This will be complicated and difficult but is in the best interests of the industry."
On MIIT's announcement about tightening a subsidy program for green energy cars, Fu said the move would not get in the way of meeting targets of at least 7 percent of cars sold being electric and plug-in hybrids by 2020.
By the end of the decade, aggressive average fuel economy requirements of 5 liters per 100 kilometers will set in, while subsidies will be phased out, a standard that will be impossible to meet without green energy cars, he said.
"Rolling them (subsides) back is important because you can't rely on policy supports forever," Fu added.
Contact Automotive News
********
Good news for the development of driverless cars.
,
TaiShang
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Faraday Future releases prototype of first electric car
By Wu Jin
China.org.cn, January 4, 2017
Faraday Future (FF), a Chinese-backed start-up, rolls out a prototype FF91 electric car in Las Vegas on Jan. 3, 2016. [Sina.com.cn]
Faraday Future (FF), a Chinese-backed start-up, rolled out a prototype FF91 electric car in Las Vegas on Jan. 3.
A veteran strategic partner of LeSEE, a subsidiary of LeEco known by its previous name of LeTV in China, FF is going to allow early orders of the car for a reservation fee of US$5,000, while the cars are scheduled to be delivered in 2018.
At the press conference, FF released several parameters of the car, including 783-killowatt peak power, 1,050 horsepower, 1,800-newton peak torque, 130 kWh capacity of a battery pack and a range of 700 kilometers.
According to FF, the car can drive for at least 500 kilometers after being charged for an hour and the company is combining its own network with third parties to expand charging sites and relevant facilities.
Hong Bae, FF's director of Advanced Drive Assistance Systems (ADAS) & Self Driving, said the FF91 is the first vehicle in the world to replace car keys with face scanning and bluetooth sensors.
Jia Yueting, FF's investor and founder in LeEco, said, "Our undertakings are supposed to go beyond the business of simply selling electric vehicles, because there is a broader view about building an online eco system of transport that can be shared by the entire world."
By Wu Jin
China.org.cn, January 4, 2017
Faraday Future (FF), a Chinese-backed start-up, rolls out a prototype FF91 electric car in Las Vegas on Jan. 3, 2016. [Sina.com.cn]
Faraday Future (FF), a Chinese-backed start-up, rolled out a prototype FF91 electric car in Las Vegas on Jan. 3.
A veteran strategic partner of LeSEE, a subsidiary of LeEco known by its previous name of LeTV in China, FF is going to allow early orders of the car for a reservation fee of US$5,000, while the cars are scheduled to be delivered in 2018.
At the press conference, FF released several parameters of the car, including 783-killowatt peak power, 1,050 horsepower, 1,800-newton peak torque, 130 kWh capacity of a battery pack and a range of 700 kilometers.
According to FF, the car can drive for at least 500 kilometers after being charged for an hour and the company is combining its own network with third parties to expand charging sites and relevant facilities.
Hong Bae, FF's director of Advanced Drive Assistance Systems (ADAS) & Self Driving, said the FF91 is the first vehicle in the world to replace car keys with face scanning and bluetooth sensors.
Jia Yueting, FF's investor and founder in LeEco, said, "Our undertakings are supposed to go beyond the business of simply selling electric vehicles, because there is a broader view about building an online eco system of transport that can be shared by the entire world."
TaiShang
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China auto sales hit record high in 2016
Xinhua, January 12, 2017
China's auto sales reached a record high of 28.03 million in 2016, up 13.7 percent year on year, boosted by favorable purchase tax policies on smaller cars.
The growth rate marks the highest since 2013, the China Association of Automobile Manufacturers said in an online statement.
Total output also hit an all-time high, jumping 14.5 percent from one year earlier to 28.12 million units.
Some 3.06 million vehicles were sold in December, up 9.5 percent year on year. The growth rate slowed from a 16.6-percent increase in November.
Chinese auto sales growth peaked at 45 percent in 2009 and has fallen steadily as cities try to control smog and congestion by limiting new vehicles on the roads.
Last year's boom was largely due to the favorable purchase tax policies, according to the statement.
In October 2015, the government slashed the purchase tax on small cars by half to 5 percent. The tax break was applicable to cars with engine displacement of 1.6 liters or less and was in effect between October 2015 and the end of 2016.
Last year, new energy vehicles remained popular among Chinese consumers, with sales surging 53 percent year on year to 507,000 vehicles.
Sales of pure electric vehicles surged 65.1 percent year on year to 409,000 units, accounting for 80 percent of new energy vehicle sales.
China, the world's largest auto market, exported 708,000 vehicles last year. The figure is expected to reach 750,000 this year, up 5 percent year on year.
However, China's auto imports will continue to drop in 2017, falling to around 1 million units.
The association also predicted that auto sales would expand by 5 percent to 29.4 million this year.
***
For further reference:
https://defence.pk/threads/china-au...6-or-14-higher-than-2015.472286/#post-9102682
Xinhua, January 12, 2017
China's auto sales reached a record high of 28.03 million in 2016, up 13.7 percent year on year, boosted by favorable purchase tax policies on smaller cars.
The growth rate marks the highest since 2013, the China Association of Automobile Manufacturers said in an online statement.
Total output also hit an all-time high, jumping 14.5 percent from one year earlier to 28.12 million units.
Some 3.06 million vehicles were sold in December, up 9.5 percent year on year. The growth rate slowed from a 16.6-percent increase in November.
Chinese auto sales growth peaked at 45 percent in 2009 and has fallen steadily as cities try to control smog and congestion by limiting new vehicles on the roads.
Last year's boom was largely due to the favorable purchase tax policies, according to the statement.
In October 2015, the government slashed the purchase tax on small cars by half to 5 percent. The tax break was applicable to cars with engine displacement of 1.6 liters or less and was in effect between October 2015 and the end of 2016.
Last year, new energy vehicles remained popular among Chinese consumers, with sales surging 53 percent year on year to 507,000 vehicles.
Sales of pure electric vehicles surged 65.1 percent year on year to 409,000 units, accounting for 80 percent of new energy vehicle sales.
China, the world's largest auto market, exported 708,000 vehicles last year. The figure is expected to reach 750,000 this year, up 5 percent year on year.
However, China's auto imports will continue to drop in 2017, falling to around 1 million units.
The association also predicted that auto sales would expand by 5 percent to 29.4 million this year.
***
For further reference:
https://defence.pk/threads/china-au...6-or-14-higher-than-2015.472286/#post-9102682
Last edited:
Zibago
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China’s anti-Teslas: cheaper models drive electric car boom
By Reuters
Posted on January 12, 2017
BEIJING: More electric cars are sold in China than in the rest of the world combined, but are mainly locally-branded models that are cheaper and have a shorter range than those offered by foreign automakers such as Tesla and Nissan.
The Chinese-branded electric vehicle (EV) market is propped up by huge government subsidies as part of Beijing’s policy to build global leadership in cleaner energy driving.
China has spent billions of dollars on subsidies to help companies including Warren Buffett-backed BYD and BAIC Motor achieve large-scale production of plug-in vehicles, which are gaining traction among urban drivers as well as taxi fleets and government agencies.
Sales of battery electric and plug-in hybrids increased 60 percent in January-November, to 402,000 vehicles. By 2020, China wants 5 million plug-in cars on its roads.
The domestic EVs don’t have the ‘wow’ factor of a fast, longer-range and luxury-style Tesla. They sell on price.
In Shanghai last year, a two-door battery electric Chery eQ cost around 60,000 yuan ($8,655) after subsidies. Without subsidies, the eQ would cost an additional 100,000 yuan or so. At this week’s Detroit auto show, General Motors showed off its latest Bolt EV, which costs around $30,000 after a $7,500 federal tax credit.
“EV cars are very cheap (in China), you’ll only spend a little money to buy a car. If you just go to work or use an EV in the city, it’s OK … for using within 100 kms (62 miles),” said Xie Chao, who works for a chemical company in Shanghai.
Xie said he has bought three EVs since 2015 – an Anhui Jianghuai Automobile iEV4, a BAIC EV160 and a Geely Automobile Emgrand EV – one for him to use, one for his wife and one he rents out.
Most Chinese electric cars come with similar specifications, so price is the deciding factor, said Dawei Zhang, CEO of EVBuy, a dealer. The eQ has been the top seller in recent months, with decent enough quality at a low price, he said.
“It’s a transport tool. It’s purely for mobility rather than for showing off, having a big car for all the family, or for any technology factors,” he added.
Some EV buyers in Beijing and Shanghai said they primarily bought plug-in vehicles to easily get a license plate. Half a dozen of China’s biggest cities tightly control license plates for traditional gasoline cars, but freely award plates that can only be used by plug-in vehicles.
For those set on buying a plug-in, price is key.
“I only considered BYD and BAIC. I definitely can’t afford the 300,000-600,000 yuan price of a luxury-style Tesla or Denza,” said Qu Lijian, a 31-year-old government worker in Beijing, who eventually opted for a BYD Qin pure electric car.
Denza is a Chinese brand produced by a joint venture between BYD and Daimler.
SUBSIDY SLOWDOWN
China’s cocktail of pro-electric policies is a challenge for global automakers, as foreign manufacturers can access subsidies only via joint ventures with local partners, producing cars under new made-for-China brand names such as Denza.
But those brands lack the cachet of established foreign marques, and cost more than most local brands even after subsidies.
That’s in part because Chinese automakers are more aggressive in lowering their costs regardless of quality, said an executive at a multinational auto parts firm.
“The lowest price wins (the contract). That’s the process, no questions asked,” said the executive, who declined to be identified to avoid to avoid impacting future contract bidding.
“And when you win, they come back and ask you for another price reduction,” the executive added, noting less stringent safety regulations in China also help keep costs lower than in the United States.
The version of the Leaf that Nissan’s joint venture with Dongfeng Automobile offers in China, under the Venucia brand, “isn’t selling very well,” Nissan’s global chief Carlos Ghosn told Reuters in November. Chinese EV buyers don’t want to spend much more than $8,000, after incentives, and the Nissan vehicle is too expensive, Ghosn said.
The playing field for foreign brands in China should, though, gradually even out as subsidies are phased out by 2020.
This year, subsidies have been reduced by a fifth, likely adding about 15,000 yuan to the price of a Chery eQ, though official 2017 subsidies for individual models aren’t yet clear, notes EVBuy.
Local EV manufacturers have, with the help of subsidies, been able to build economies of scale, pushing down their cost per unit and allowing them to spend more on research and development, Li Yunfei, BYD’s deputy chief of branding and public relations, told Reuters.
“By 2020, China will have no subsidies, but your scale has expanded, your costs have come down, and you’ll be able to hit a price that consumers can accept,” he said.
While China has grabbed early-mover advantage, global automakers plan to quickly ramp up their plug-in offerings in the world’s biggest market. GM’s local joint venture, for example, promises to spend 26.5 billion yuan ($3.8 billion) on electrification and developing 10 “new energy” models by 2020.
It won’t be one-way traffic.
Chinese brands such as GAC Motor and BYD are looking to advance on global rivals’ home turf.
GAC Motor, part of Guangzhou Automobile Group, debuted its pure electric GE3 sport utility vehicle, among other models, at the Detroit show on Monday. A spokeswoman told Reuters that the company plans to enter the United States by 2019, delaying from an initial target of 2017, without further explanation.
Shenzhen-based BYD already sells its electric buses in Africa, Europe and South America and has a factory in the United States. The company is preparing “on all fronts” to enter foreign passenger car markets, Li said, without elaborating.
“Because Chinese companies have this large Chinese market, when they have big enough scale and their power grows, their products improve and they increasingly understand foreign markets,” he said.
“In the future, they will definitely take the world stage. The potential is huge.”
http://arynews.tv/en/chinas-anti-teslas-cheap-models-drive-electric-car-boom/
By Reuters
Posted on January 12, 2017
BEIJING: More electric cars are sold in China than in the rest of the world combined, but are mainly locally-branded models that are cheaper and have a shorter range than those offered by foreign automakers such as Tesla and Nissan.
The Chinese-branded electric vehicle (EV) market is propped up by huge government subsidies as part of Beijing’s policy to build global leadership in cleaner energy driving.
China has spent billions of dollars on subsidies to help companies including Warren Buffett-backed BYD and BAIC Motor achieve large-scale production of plug-in vehicles, which are gaining traction among urban drivers as well as taxi fleets and government agencies.
Sales of battery electric and plug-in hybrids increased 60 percent in January-November, to 402,000 vehicles. By 2020, China wants 5 million plug-in cars on its roads.
The domestic EVs don’t have the ‘wow’ factor of a fast, longer-range and luxury-style Tesla. They sell on price.
In Shanghai last year, a two-door battery electric Chery eQ cost around 60,000 yuan ($8,655) after subsidies. Without subsidies, the eQ would cost an additional 100,000 yuan or so. At this week’s Detroit auto show, General Motors showed off its latest Bolt EV, which costs around $30,000 after a $7,500 federal tax credit.
“EV cars are very cheap (in China), you’ll only spend a little money to buy a car. If you just go to work or use an EV in the city, it’s OK … for using within 100 kms (62 miles),” said Xie Chao, who works for a chemical company in Shanghai.
Xie said he has bought three EVs since 2015 – an Anhui Jianghuai Automobile iEV4, a BAIC EV160 and a Geely Automobile Emgrand EV – one for him to use, one for his wife and one he rents out.
Most Chinese electric cars come with similar specifications, so price is the deciding factor, said Dawei Zhang, CEO of EVBuy, a dealer. The eQ has been the top seller in recent months, with decent enough quality at a low price, he said.
“It’s a transport tool. It’s purely for mobility rather than for showing off, having a big car for all the family, or for any technology factors,” he added.
Some EV buyers in Beijing and Shanghai said they primarily bought plug-in vehicles to easily get a license plate. Half a dozen of China’s biggest cities tightly control license plates for traditional gasoline cars, but freely award plates that can only be used by plug-in vehicles.
For those set on buying a plug-in, price is key.
“I only considered BYD and BAIC. I definitely can’t afford the 300,000-600,000 yuan price of a luxury-style Tesla or Denza,” said Qu Lijian, a 31-year-old government worker in Beijing, who eventually opted for a BYD Qin pure electric car.
Denza is a Chinese brand produced by a joint venture between BYD and Daimler.
SUBSIDY SLOWDOWN
China’s cocktail of pro-electric policies is a challenge for global automakers, as foreign manufacturers can access subsidies only via joint ventures with local partners, producing cars under new made-for-China brand names such as Denza.
But those brands lack the cachet of established foreign marques, and cost more than most local brands even after subsidies.
That’s in part because Chinese automakers are more aggressive in lowering their costs regardless of quality, said an executive at a multinational auto parts firm.
“The lowest price wins (the contract). That’s the process, no questions asked,” said the executive, who declined to be identified to avoid to avoid impacting future contract bidding.
“And when you win, they come back and ask you for another price reduction,” the executive added, noting less stringent safety regulations in China also help keep costs lower than in the United States.
The version of the Leaf that Nissan’s joint venture with Dongfeng Automobile offers in China, under the Venucia brand, “isn’t selling very well,” Nissan’s global chief Carlos Ghosn told Reuters in November. Chinese EV buyers don’t want to spend much more than $8,000, after incentives, and the Nissan vehicle is too expensive, Ghosn said.
The playing field for foreign brands in China should, though, gradually even out as subsidies are phased out by 2020.
This year, subsidies have been reduced by a fifth, likely adding about 15,000 yuan to the price of a Chery eQ, though official 2017 subsidies for individual models aren’t yet clear, notes EVBuy.
Local EV manufacturers have, with the help of subsidies, been able to build economies of scale, pushing down their cost per unit and allowing them to spend more on research and development, Li Yunfei, BYD’s deputy chief of branding and public relations, told Reuters.
“By 2020, China will have no subsidies, but your scale has expanded, your costs have come down, and you’ll be able to hit a price that consumers can accept,” he said.
While China has grabbed early-mover advantage, global automakers plan to quickly ramp up their plug-in offerings in the world’s biggest market. GM’s local joint venture, for example, promises to spend 26.5 billion yuan ($3.8 billion) on electrification and developing 10 “new energy” models by 2020.
It won’t be one-way traffic.
Chinese brands such as GAC Motor and BYD are looking to advance on global rivals’ home turf.
GAC Motor, part of Guangzhou Automobile Group, debuted its pure electric GE3 sport utility vehicle, among other models, at the Detroit show on Monday. A spokeswoman told Reuters that the company plans to enter the United States by 2019, delaying from an initial target of 2017, without further explanation.
Shenzhen-based BYD already sells its electric buses in Africa, Europe and South America and has a factory in the United States. The company is preparing “on all fronts” to enter foreign passenger car markets, Li said, without elaborating.
“Because Chinese companies have this large Chinese market, when they have big enough scale and their power grows, their products improve and they increasingly understand foreign markets,” he said.
“In the future, they will definitely take the world stage. The potential is huge.”
http://arynews.tv/en/chinas-anti-teslas-cheap-models-drive-electric-car-boom/
TaiShang
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China to quadruple new energy vehicle production by 2020
Xinhua, January 16, 2017
China will quadruple its new energy vehicle annual output to 2 million by 2020, a cabinet minister said.
Citing a government plan, Industry and Information Technology Minister Miao Wei said at a Beijing forum over the weekend that by 2025, at least one in every five cars sold in China will be a new energy model.
In 2016, China produced 517,000 new energy vehicles. The country has been the world's top seller of such environment-friendly cars since 2015. The cumulative sale has exceeded 1 million, according to the ministry.
New energy vehicles include battery electric cars, plug-in hybrids, and fuel-cell cars.
In 2016, top Chinese electric carmakers BYD, Geely, and BAIC sold their models in more than 30 countries and regions around the world.
Miao said the government will continue to improve policies, boost research and development, invest in charging infrastructure construction, and promote international cooperation to help the sector grow.
In terms of charging infrastructure, China built over 100,000 public charging poles in 2016, ten times the figure in 2015. A comprehensive charging grid has taken shape in big cities like Beijing, Shanghai, and Shenzhen.
China witnessed a boom of electric vehicle investment in the past few years largely thanks to government's incentives.
Instead of maintaining a universal incentive system, Miao said, subsidies will vary and favor best performing carmakers before this financial assistance program ends in 2020. By then, a points-based system will be set up to guide the production of new energy vehicles.
Xinhua, January 16, 2017
China will quadruple its new energy vehicle annual output to 2 million by 2020, a cabinet minister said.
Citing a government plan, Industry and Information Technology Minister Miao Wei said at a Beijing forum over the weekend that by 2025, at least one in every five cars sold in China will be a new energy model.
In 2016, China produced 517,000 new energy vehicles. The country has been the world's top seller of such environment-friendly cars since 2015. The cumulative sale has exceeded 1 million, according to the ministry.
New energy vehicles include battery electric cars, plug-in hybrids, and fuel-cell cars.
In 2016, top Chinese electric carmakers BYD, Geely, and BAIC sold their models in more than 30 countries and regions around the world.
Miao said the government will continue to improve policies, boost research and development, invest in charging infrastructure construction, and promote international cooperation to help the sector grow.
In terms of charging infrastructure, China built over 100,000 public charging poles in 2016, ten times the figure in 2015. A comprehensive charging grid has taken shape in big cities like Beijing, Shanghai, and Shenzhen.
China witnessed a boom of electric vehicle investment in the past few years largely thanks to government's incentives.
Instead of maintaining a universal incentive system, Miao said, subsidies will vary and favor best performing carmakers before this financial assistance program ends in 2020. By then, a points-based system will be set up to guide the production of new energy vehicles.
TaiShang
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BYD eyes sales of e-cars in US
Source: Agencies | January 20, 2017, Friday | Shanghai Daily
BYD Co plans to sell electric passenger cars in the United States in about two to three years, an executive said yesterday, as it races to be the first Chinese automaker to sell cars to American drivers.
BYD specializes in electric and plug-in petrol-electric hybrid vehicles. At present, its US presence is limited to producing buses and selling fleet vehicles such as taxis.
Li Yunfei, BYD’s deputy general manager for branding and public relations, said its passenger car plan was not fixed as entering the US was a complicated process.
“It could be adjusted,” Li said at an event in Beijing. “Now we can only say roughly two to three years.”
China’s government has used a raft of policies, including billions of dollars in subsidies, to spur a boom in electric and plug-in hybrid sales since 2015.
BYD has had false starts in the US, with Chairman Wang Chuanfu previously saying the automaker would begin selling in the US in 2010. Other Chinese peers have also encountered delays in entering the market.
Source: Agencies | January 20, 2017, Friday | Shanghai Daily
BYD Co plans to sell electric passenger cars in the United States in about two to three years, an executive said yesterday, as it races to be the first Chinese automaker to sell cars to American drivers.
BYD specializes in electric and plug-in petrol-electric hybrid vehicles. At present, its US presence is limited to producing buses and selling fleet vehicles such as taxis.
Li Yunfei, BYD’s deputy general manager for branding and public relations, said its passenger car plan was not fixed as entering the US was a complicated process.
“It could be adjusted,” Li said at an event in Beijing. “Now we can only say roughly two to three years.”
China’s government has used a raft of policies, including billions of dollars in subsidies, to spur a boom in electric and plug-in hybrid sales since 2015.
BYD has had false starts in the US, with Chairman Wang Chuanfu previously saying the automaker would begin selling in the US in 2010. Other Chinese peers have also encountered delays in entering the market.
Daniel808
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Geely Automobile Shares soar to Record on report it’s buying Proton’s Malaysia Car Assembly
A successful Proton bid will add 150,000 units of annual capacity to Geely’s output and give the Chinese carmaker access to Asean’s 10-member market
PUBLISHED : Friday, 03 February, 2017, 6:43pm
UPDATED : Friday, 03 February, 2017, 10:50pm
Shares of Geely Automobile Holdings, the Chinese owner of the Volvo brand of passenger vehicles, surged to a record, as mainland Chinese traders returning from a weeklong holiday piled into the stock on report it’s buying control of a factory in Malaysia.
Geely shares rose as much as 9 per cent in Friday trading, ending the day 8.4 per cent higher at HK$9.75 in Hong Kong. The stock more than tripled in the last 12 months, making it the best performer among 473 stocks on the Hang Seng Composite Index.
Geely, based in the Zhejiang provincial capital of Hangzhou, is a leading contender to buy a 51 per cent controlling stake in Malaysia’s largest carmaker Proton Holdings Bhd., according to a Thursday report in The Star newspaper, which cited unidentified sources.
The Chinese carmaker has been actively seeking overseas acquisition targets, Geely’s Hong Kong-based executive director Lawrence Ang said in a phone response to the South China Morning Post, without confirming or denying his company’s Proton bid.
Geely is up against Europe’s second-largest carmaker Groupe PSA, which owns the Peugeot and Citroen brands globally, in vying for Proton. The French carmaker is already a technical partner to Proton, providing its Citroen AX model as the basis for Proton’s Tiara compact car, launched in 1995. Production of that model ended in Malaysia in 2000 amid tepid sales.
The successful bidder will get access to Proton’s Tanjung Malim assembly, with the annual production capacity of 150,000 vehicles in two shifts. Owning a car assembly in Malaysia also qualifies its owner to ship vehicles tax-free anywhere among the 10 members of the Association of Southeast Asian Nations, or Asean, with a combined population of 623 million people.
If the deal comes to fruition, it reflects Geely’s ambition to expand its footprint into Southeast Asia, said Robin Zhu, a Hong Kong-based auto analyst at Sanford C. Bernstein.
Still, Proton has had a tumultuous history since its establishment in the 1980s, and has been reporting losses, so “it will take Geely at least one or two years to turn it around,” said Zhu, who has an “underperform” recommendation on the Chinese carmaker.
As Japanese brands like Toyota, Nissan and Honda have long dominated the Southeast Asian market, Geely may need to pay very high cost to establish its presence there, he added.
Geely bought control of the Volvo brand of vehicles from Ford Motor Co. for US$1.8 billion in 2010.
Jeremy Lin, the Taiwanese American former New York Knicks guard who kicked off the global craze called Linsanity for his winning turnaround of the team, was hired to endorse Volvo.
Geely also owns Manganese Bronze, the company that assembles London’s iconic black cabs, and assembles the TX4 model in Shanghai to export to Britain.
Geely unveils the first model of its new Lynk & Co brand in Berlin in October 2016.
Mainland Chinese investors have also been encouraged by the growth prospects of Geely, said CMB International Capital’s automotive analyst Fiona Liang.
Geely last month announced a 2017 sales target of 1 million vehicles, an increase of 34 per cent from last year. The company issued a profit alert last month, forecasting its 2016 net income to more than double from 2.26 billion yuan in 2015.
Its revenue per vehicle is expected at 76,000 yuan this year, up 11.1 per cent from last year, CMBI said.
Liang said Geely’s product line has been welcomed by Chinese consumer and will be further enriched in 2017.
Apart from the new global brand Lynk & Co, Geely will launch a couple of new cars, includes two new multi-purpose vehicle models, a new midsize SUV, a new hatchback, and the Emgrand PHEV version, extending its exposure to MPV, midsize SUV, and PHEV segments.
http://www.scmp.com/business/china-...oar-record-report-its-buying-protons-malaysia
A successful Proton bid will add 150,000 units of annual capacity to Geely’s output and give the Chinese carmaker access to Asean’s 10-member market
PUBLISHED : Friday, 03 February, 2017, 6:43pm
UPDATED : Friday, 03 February, 2017, 10:50pm
Shares of Geely Automobile Holdings, the Chinese owner of the Volvo brand of passenger vehicles, surged to a record, as mainland Chinese traders returning from a weeklong holiday piled into the stock on report it’s buying control of a factory in Malaysia.
Geely shares rose as much as 9 per cent in Friday trading, ending the day 8.4 per cent higher at HK$9.75 in Hong Kong. The stock more than tripled in the last 12 months, making it the best performer among 473 stocks on the Hang Seng Composite Index.
Geely, based in the Zhejiang provincial capital of Hangzhou, is a leading contender to buy a 51 per cent controlling stake in Malaysia’s largest carmaker Proton Holdings Bhd., according to a Thursday report in The Star newspaper, which cited unidentified sources.
The Chinese carmaker has been actively seeking overseas acquisition targets, Geely’s Hong Kong-based executive director Lawrence Ang said in a phone response to the South China Morning Post, without confirming or denying his company’s Proton bid.
Geely is up against Europe’s second-largest carmaker Groupe PSA, which owns the Peugeot and Citroen brands globally, in vying for Proton. The French carmaker is already a technical partner to Proton, providing its Citroen AX model as the basis for Proton’s Tiara compact car, launched in 1995. Production of that model ended in Malaysia in 2000 amid tepid sales.
The successful bidder will get access to Proton’s Tanjung Malim assembly, with the annual production capacity of 150,000 vehicles in two shifts. Owning a car assembly in Malaysia also qualifies its owner to ship vehicles tax-free anywhere among the 10 members of the Association of Southeast Asian Nations, or Asean, with a combined population of 623 million people.
If the deal comes to fruition, it reflects Geely’s ambition to expand its footprint into Southeast Asia, said Robin Zhu, a Hong Kong-based auto analyst at Sanford C. Bernstein.
Still, Proton has had a tumultuous history since its establishment in the 1980s, and has been reporting losses, so “it will take Geely at least one or two years to turn it around,” said Zhu, who has an “underperform” recommendation on the Chinese carmaker.
As Japanese brands like Toyota, Nissan and Honda have long dominated the Southeast Asian market, Geely may need to pay very high cost to establish its presence there, he added.
Geely bought control of the Volvo brand of vehicles from Ford Motor Co. for US$1.8 billion in 2010.
Jeremy Lin, the Taiwanese American former New York Knicks guard who kicked off the global craze called Linsanity for his winning turnaround of the team, was hired to endorse Volvo.
Geely also owns Manganese Bronze, the company that assembles London’s iconic black cabs, and assembles the TX4 model in Shanghai to export to Britain.
Geely unveils the first model of its new Lynk & Co brand in Berlin in October 2016.
Mainland Chinese investors have also been encouraged by the growth prospects of Geely, said CMB International Capital’s automotive analyst Fiona Liang.
Geely last month announced a 2017 sales target of 1 million vehicles, an increase of 34 per cent from last year. The company issued a profit alert last month, forecasting its 2016 net income to more than double from 2.26 billion yuan in 2015.
Its revenue per vehicle is expected at 76,000 yuan this year, up 11.1 per cent from last year, CMBI said.
Liang said Geely’s product line has been welcomed by Chinese consumer and will be further enriched in 2017.
Apart from the new global brand Lynk & Co, Geely will launch a couple of new cars, includes two new multi-purpose vehicle models, a new midsize SUV, a new hatchback, and the Emgrand PHEV version, extending its exposure to MPV, midsize SUV, and PHEV segments.
http://www.scmp.com/business/china-...oar-record-report-its-buying-protons-malaysia
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