Honda is finding its focus shifting from the US to China as the Chinese market continues to boom and the US market slows.
Volvo and Geely Holdings to Develop Lynk & Co Brand vehicles with new shared platforms and EV, hybrid technology.
SF Motors, a subsidiary of Sokon with headquarters in Beijing, has agreed to buy the former Hummer H2 factory in South Bend, Indiana to manufacture a new line of connected electric cars.
Ford says it won’t build its Ford Focus in Mexico. Instead, it will build it in China and use the savings to expand production of SUVs in the US.
Bloomberg says official confirmation of a new Tesla factory in Shanghai, China could come as early as next week, as Tesla positions itself to compete in the burgeoning Chinese electric car market.
Chinese company CHJ Automotive says it will introduce an ultra compact electric car with swappable batteries selling for under $8,000 in 2018.
After high level talks, China has agreed to a request from Germany to delay its mandate to sell 8% new energy cars by one year according to news reports.
The billionaire behind Volvo’s Chinese Parent Company, Geely Holding Group, bought a 51 percent stake in sporty car maker Lotus yesterday.
GAC Group is building a new electric car factory in Guangdong province in southern China. It will have a capacity of 200,000 new electric and autonomous cars a year when completed at the end of 2018.
GM says two thirds of all the new models it introduces to the Chinese market in the next few years will have plugs. It is building a new battery factory in Shanghai to make the batteries for all those cars.
Baidu, known as the Google of China, has embarked on a three year plan to develop an open source autonomous driving platform that any manufacturer could use to manufacture self driving cars.
The Lynk & Co 01 SUV will be based on the Volvo V40.1 concept car from last spring. It is about the same size as a Hyundai Tucson and will be offered in the US some time in the future.