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Tag Archives: China

China EV quota to stick, reports say

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Draft public consultation document maintains 2018 date for 8% sales quota China, the world’s largest electric car market, is apparently not loosening strict EV sales quotas, reports Reuters. China’s Premier Li Keqiang and German Chancellor Angela Merkel had reached a compromise that would have required less stringent quotas, the leaders …

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GAC Group to push $6.5 billion into EV industrial park

Source: GAC MOTOR

Guangzhou Automobile Group (GAC Group) has announced the construction of a new Chinese manufacturing hub, dedicated to the development and production of electric and “intelligent” vehicles under its GAC Motor brand. The move is not unexpected, considering that China’s EV and PHEV market has exploded over recent years. Indeed, the …

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