Kia intends to sell 500,000 EVs annually by 2026
Kia Motors just announced its mid- to long-term strategy “Plan S” to “spearhead transition to EV, mobility solutions by 2025”, which will be supported by a 29 trillion won ($25 billion) investment. Kia intends to sell some 500,000 all-electric cars annually by 2026.
China says no significant cut in new energy vehicle subsidies in 2020
China will not make significant cuts to subsidies for new energy vehicles (NEV) this year, signalling that its policy will remain relatively stable, state media quoted the country’s industry ministry as saying on Saturday.
Orocobre Corporate Video – 2019
Subscribe to the Orocobre Limited YouTube channel for all the latest video updates. Despite the challenging global lithium market coupled with a turbulent Argentine economy, 2019 has been another year of achievement for Orocobre Limited with the Stage 2 Expansion project at the Olaroz Lithium Facility achieving a number of milestones including construction of new... View Article
August 21, 2018
Japan’s Toyota Motor Corporation will build additional capacity at its auto plant in China’s Guangzhou, in addition to beefing up production at a factory in Tianjin city by 120,000 vehicles a year. A person close to the company said Toyota will build capacity at the production hub in the south China city of Guangzhou to also produce an additional 120,000 vehicles a year, an increase of 24 percent over current capacity.
All together, between the eastern port city of Tianjin and Guangzhou, Toyota will boost its overall manufacturing capacity by 240,000 vehicles a year, or by about 20 percent. Toyota’s production capacity in China is 1.16 million vehicles a year. Reuters reported earlier this week that Toyota plans to build additional capacity in Tianjin to produce 10,000 all-electric battery cars and 110,000 plug-in hybrid electric cars a year.
FULL ARTICLE: Toyota to increase production capacity in China by 20 percent