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China Leads Global Transition to Electric Cars

Jan 16, 2017 08:53 PM EST

China has jointed Europe in leading the momentous shift towards electric vehicles. The rate of growth in electric vehicle is likely to surge in 2017 as China and Europe institute stricter emission rules for safeguarding the environment.

Go Ultra Low Kia Soul EV on charge on a London street.

China to Create More Electric Vehicle Charging Facilities

Charissa Echavez |

Sep 15, 2016 12:10 PM EDT

China will reportedly increase the construction of electric vehicle charging stations particularly in residential areas to accelerate the production and sales of green cars, China's economic planner revealed on Monday according to China Daily.

China's new Policy Seeks to Limit Number of Electric Vehicle Makers

Charissa Echavez |

Aug 30, 2016 08:14 AM EDT

China's electric-vehicle sector, which roughly has 200 companies, is on the brink of massive a shake-up as the government seeks to limit the number to only 10 by implementing stringent standards. According to a government-backed news outlet, the government may weed out as much as 90 percent of the electric vehicle startups currently operating.

BMW to launch its own autonomous vehicle in China by 2021.

BMW to Launch Self-Driving Cars in China by 2021

Charissa Echavez |

Aug 16, 2016 11:14 AM EDT

German luxury car maker BMW is planning to launch self-driving vehicles by 2021 in China, according to Maximilian Doemling, BMW's senior manager, during a summit on artificial intelligence and robotics in Shenzhen, China.

The all-electric sports car concept unveiled by Chinese internet and banking company LeEco.

LeEco to Build $1.8B Factory for Electric Vehicles in China

Charissa Echavez |

Aug 12, 2016 08:25 AM EDT

China's Le Holdings Co, popularly known as LeEco, has revealed it has allocated 12 billion yuan ($1.8 billion) to set up an electric car factory in eastern China, with a production capacity of 400,000 vehicles per year.

Automakers Showcase New Models At New York International Auto Show

General Motors Will Likely Shift Production of PHEV Battery to China Soon

Charissa Echavez |

Jul 29, 2016 11:26 AM EDT

While General Motors is currently building its partial hybrid electric vehicle (PHEV) battery packs in Brownstown Battery Assembly Plant in Brownstone Charter Township, Michigan, the production may soon shift to China for the automaker to qualify for the country's green car incentives.

China's BYD Co. predicts car sales profit will increase five times higher than last year.

China's BYD Co. Forecasts Electric Vehicles Sale Profit to Jump Five Times Higher

Charissa Echavez |

Apr 29, 2016 01:02 PM EDT

Chinese car manufacturer BYD Co. Ltd. predicts its net profit will jump five times higher in the first half of the year, indicating a robust demand for electric vehicles.

Almost 6,000 Electric car Charging Stations to be set up in Beijing in 2016

Jenia Cane |

Mar 08, 2016 08:02 PM EST

China electric car users might be so glad to hear that the Beijing Electric Power Company has committed to set up around 6,000 charging stations in Beijing within this year.

Musk Says Hong Kong Will be Leader in Electric Cars

Mia Ren |

Jan 31, 2016 10:09 AM EST

Elon Musk, the chief executive officer of electric car company Tesla, has expressed the view that Hong Kong will be the top destination of electric vehicles (EV) in the future given the pace of the technology's spread there.