Key developments in electric vehicle segment

A series of key developments will boost the market presence of the electric vehicle worldwide. China is particular looks set to develop its presence in the sector, partly in a bid to reduce the country’s urban pollution problems. A new electric vehicle developed in partnership between Daimler Benz and Chinese firm BYD Automotive looks set to be launched in September 2014. The DENZA model has been developed outside of Germany to meet market needs for China. Customers for the vehicle will benefit from subsidi
April 22, 2014 Read time: 2 mins
A series of key developments will boost the market presence of the electric vehicle worldwide. China is particular looks set to develop its presence in the sector, partly in a bid to reduce the country’s urban pollution problems. A new electric vehicle developed in partnership between 3992 Daimler Benz and Chinese firm 3484 BYD Automotive looks set to be launched in September 2014. The DENZA model has been developed outside of Germany to meet market needs for China. Customers for the vehicle will benefit from subsidies and will not be subject to restrictions on which day they are allowed to drive in congested cities such as Beijing. The five seat vehicle will be built by Shenzhen BYD Daimler New Technology Co and is said to offer a range of 300km between charges. And car producer Lifan Industry has signed a deal with the authorities in the city of Jiyuan in Henan Province for a new factory to build electric vehicles. The first phase of this project is for a plant able to produce some 10,000 vehicles/year, while the second phase would be for a production output of some 100,000 vehicles/year.

Meanwhile South Korean car company 236 Hyundai Motor looks set to roll out its new electric vehicle in 2016, with China being one of the key target markets. The vehicle will offer a range of 200km and be powered by an 80kW motor, with a batter supplied by LG Chem. Also due from the company are plug-in hybrid and hybrid versions of its Sonata and Grandeur models, as well as hydrogen-powered and cars, with the line-up of environmentally-friendly cars to be completed by 2018.

For more information on companies in this article

Related Content

  • Chinese firms now offering all-electric cars
    June 21, 2013
    Chinese firms Geely Automotive and Kandi have jointly developed an all-electric vehicle. The JL7001BEV model has won official approval from China’s Ministry of Industry and Information Technology. This is of note as it means Chinese buyers of the vehicle will be able to benefit from several national and local subsidies and incentives for EVs. The new JL7001BEV model is among those on the lists of Approved Vehicles. The Chinese authorities are keen to encourage customers to buy more electric vehicles in a bi
    Read More
  • Asian market for electric vehicles still developing
    January 7, 2015
    Demand for electric vehicles as well as hybrid vehicles looks set to grow in China. The Chinese Government is looking to reduce pollution in major cities, with exhaust emissions known to be a major cause of the problem and electric vehicles in particular being regarded as one of a series of solutions to the issue. However, the Chinese Government now looks set to reduce the subsidies that have been in place to tempt buyers to select electric vehicles or plug-in hybrids, instead of conventional internal com
    Read More
  • China plans to boost use of electric vehicles
    December 6, 2012
    The authorities in China are keen for increased use of electric vehicles as part of a plan to reduce pollution in major cities, and as part of a wider programme aimed at lowering the environmental impact from mobility. Fuel costs are comparatively high in China, further encouraging drivers to switch to electric vehicles, at least for urban trips. And electric-assist bicycles as well as scooters are already popular in Chinese cities, highlighting the strong potential market for electric cars in the country.
    Read More
  • Developments in hybrid vehicles
    February 27, 2012
    There is an array of future vehicle solutions in development - Mike Woof reports. Ever since Henry Ford's Model T showed that the motor car could provide transport for ordinary people rather than being an exclusive toy of the rich, vehicle numbers have exploded. In every country around the world, vehicle ownership continues to grow.
    Read More

Highlighted Content