With the relative success of its Chevy Bolt EV and the hunger for EVs in China, GM is one of the few big automakers actually trying to build a business around electric vehicles. CEO Mary Barra has committed separately to 5 crossovers, 2 minivans, 7 SUVs and 10 new electric vehicles by the end of the decade in China. But with the Bolt EV reportedly losing up to $9000 per vehicle initially, how does the company get to real profitability with these vehicles?
China Stories January 9
China Stories October 30, 2017
China likes its trains and it has deployed some of the most advanced and the most out-of-the-box train technologies in the world.
Now its latest train is so out-of-the-box that it could just as easily not be considered an actual train. expand full story
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China Stories October 24, 2017
China is often giving us glimpses of the future of the auto industry in the rest of the world – thanks to its aggressive zero-emission vehicle mandate which attracts EV production investments.
The latest example is BMW’s launch of a new battery factory in the country – pictured above. expand full story
China Stories October 19, 2017
China is leading the world in solar power installations by a long run. ASECEA is predicting that 50GW of solar power is well within reach of being installed this year. In June and July of 2017, China installed 25GW of solar power – and they’ll push the globe past 100GW total for the year.
At China’s ‘State of the Union address’ equivalent, just yesterday, president Xi Jinping said, “Any harm we inflict on nature will eventually return to haunt us… this is a reality we have to face.”
China Stories September 28, 2017
As we previously reported, virtually all automakers (except for Tesla) have asked China to slow down their electric car mandate.
Today, the Chinese government announced that they are delaying the implementation of the mandate by a year, but it’s not to say that the auto industry lobbying had its way entirely. expand full story
China Stories September 19, 2017
GM has been quiet about its plans for electric vehicles after the Bolt EV, which came out almost a year ago. They hinted at new EVs built of the Bolt’s platform and they claim to be serious about the electrification of their vehicle lineup, but not much has come of it so far.
It’s another matter in China where GM is now committing to 10 new electric vehicles by the end of the decade. expand full story
China Stories July 13, 2017
The auto industry is once again attempting to slow down the rollout of electric vehicles.
Virtually all automakers, except for Tesla of course, have sent a letter to the Chinese government in an attempt to have them drastically weaken their zero-emission vehicle mandate. expand full story
China Stories December 21, 2016
Electrek morning green energy brief: America believes in cleaning up after itself, 2017 solar installs projections, and more
[Editor’s note: We’re trying a new morning green energy briefing which should deliver every day at 9am ET. Please comment below] Americans strongly believe in their responsibilities toward climate change and pollution – Two-thirds of registered voters (66%) say the U.S. should reduce its greenhouse gas emissions, regardless of what other countries do. Nearly eight out […]
China Stories October 31, 2016
As we often report, several countries are pushing some impressive goals to transition their car fleet to electric. Now China is feeling the pressure to act because of its growing air pollution problem and the country looks likely to turn to a ZEV mandate to achieve its own goals for the transition to electric transport.
The latest draft of the proposed legislation is pushing for a relatively aggressive mandate that is already causing some panic amongst automakers heavily investing in the country now that it has become the biggest car market in the world. expand full story
China Stories June 28, 2016
Yesterday, Tesla inaugurated its 100th Supercharger in China located at its ‘Tesla experience center’ in the business district in Beijing, and for the occasion, the automaker announced the official launch of ‘Tesla Public Charging Partner Program’ in the country.
Under the program, Tesla is inviting hotel groups, commercial real estate companies, industrial parks, office buildings, banks, resorts, and other businesses across the country to participate in Tesla’s Supercharger and Destination Charger networks. expand full story