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

  • Russia to commission new Moscow-St Petersburg highway by 2020
    June 20, 2017
    Final delivery of the final stretch for Russia’s key highway project looks set to be delayed – Eugene Gerden writes. I now looks as if Russia’s most ambitious project in the field of road building in recent years, the building of a new high-speed road link between Moscow and St Petersburg, the country’s largest cities, will not be complete in time. The project was set up by the Russian government and several private investors. According to initial state plans, building of the new road should have been compl
    Read More
  • Hyundai unveils hydrogen wheeled excavator concept 
    October 25, 2022
    Hyundai Construction Equipment (HCE) is showcasing its new concept, hydrogen-powered wheeled excavator.
    Read More
  • Key developments are changing the face of the machine control market
    April 4, 2013
    Various business moves are changing the face of the machine control sector - Mike Woof reports An array of developments, both business moves and new technologies, are changing the focus for the machine control segment of the construction equipment sector. For a long time three firms, Leica Geosystems, Trimble and Topcon, have dominated this segment. The three are retaining their strong positions in the market but are seeing additional competition from Hemisphere and MOBA. Arguably the biggest news is that T
    Read More
  • New data is available concerning the future for electric cars
    June 25, 2012
    Increasing demand for passenger cars worldwide could boost pressure on consumers to consider electric vehicles. According to the World Bank, more cars could be built over the coming 20 years than in the entire auto industry’s 110-year history. The Organisation for Economic Co-operation and Development (OECD) predicts that between 2010 and 2050, passenger transport flow will grow by some 30% in developed countries. This increase will have a significant impact on traditional road networks and modes of transpo
    Read More

Highlighted Content