China Aims for Leadership in Electric VehiclesChina hopes its … | Electric Cars and Hybrid Vehicle - Green energy

China Aims for Leadership in Electric VehiclesChina hopes its …

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China became the largest automaker in 2009. Now it is for world leadership in electric (EVs), and some big Chinese are already taking the forefront in field.

“China may surpass the in the EV field within 3-5 years, its aggression in both EV and facility according to a prediction by the ECOtality, an leader in clean electric and storage technologies.

When BYD signed a memorandum of understanding with the Daimler Group of to launch a joint EV brand in March, its H-share (HK-listed price jumped 4.44% to at HK$65.9, up 8.2 times over its when Warren Buffett purchased a 10% stake in the company for million in September 2008. (It has reported that Buffet to boost his shareholding, but that BYD has not

Under the MOU, BYD and Daimler set up a venture focused on EV technology in such areas as batteries, systems, and other key parts. It also develop EV models for Chinese drivers.

BYD sold 100 of its EVs to government agencies and companies in the half of 2009, and started to sales to individuals last

At the Geneva auto show this year, the Chinese unveiled its new e6 EV, which is scheduled for simultaneously in China and the U.S. year. The e6 is powered by the world’s powerful battery, giving it a range of 330-400 km, and will be at around 30,000 euros.

Players

In China, several automakers will also EV models this year. include Chang’an Automobile, Chery Automobile, and the SAIC in addition to BYD.

Chang’an Automobile claims its MINI EV is able to run 100 km on only 10 of electricity. The MINI is also by an entire-vehicle control system, control system, and lithium-ion cells made with technologies. To support the formal of its EV, Chang’an has been mapping out an service network that offer battery recharging, and repair.

Chery Automobile, China’s most vigorous of auto exports, is planning to its global EV research center in to take the advantage of the island’s resource in the fields of batteries, motors, and electrical control The company has already located a agent to sell its EVs in Taiwan.

cooperation projects were during a Cross-straits Auto held in Taipei last Participants from both and mainland China agreed the EV is ideal for fostering cooperation the two sides with the aim of dominating the market with Chinese

Chery Automobile is planning to its global EV research center in to take the advantage of Taiwan’s resource in the fields of battery, motor, electric control

Eco-friendly Vehicles

The EV is regarded one of the promising niches for the auto in light of its energy conservation and of CO2 emissions, which produce a effect and promote global When U.S. President Obama visited China at the of Chinese President Hu Jintao November, the two sides held a dialogue on the issue of climate

The joint statement issued by the two after the meeting stated, two sides welcomed the launch of a Electric Vehicles Initiative to put millions of electric vehicles on the of both countries in the years

“Building on significant investments in vehicles in both the United and China, the two governments announced a of joint demonstration projects in than a dozen cities, with work to develop technical standards to facilitate scale-up of the industry.”

To realize the expressed in the joint statement, has already begun operating EVs in 13 which were selected as electric transportation vehicle cities.

Following the launch of its batch of electric cars year, China will to improve key technologies and accelerate on related infrastructure, said Wan Minister of Science and Technology, at forum early last

China is expected to produce 60,000 electric cars by According to Wan, China’s for electric cars ranges large buses to small and the country will develop all of EVs to fill that demand.

Wan that China is working on the of standards and a legal system for the of EVs. He expressed the belief the country’s EV industry has entered the of rapid growth, and that it be a major force in transforming the industry there.

To boost EV production, the Chinese is offering subsidies ranging 50,000-60,000 renminbi (RMB) per sedan and 420,000-500,000 RMB for each electric bus.

Business

Cooperation with the U.S. in field will help to develop the globally compatible EV that are vital to exports of EVs and key

The booming EV market will lead to rising demand for power cells, and it is estimated the global cell market reach US$12.3 billion by An American lithium-ion power maker has already teamed up a Chinese partner to set up a joint-venture operation in China.


The German company Infineon that the EV industry will more rapidly in China in the U.S. or Europe, where gas-station networks will not be persuaded to add battery-charging services. to Infineon, it might be easier to recharging networks in China scratch.

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