Chinese automakers aspiring to go global
The recent display of a new hybrid SUV by Lynk & Company to electric car enthusiasts in Amsterdam is an apparent indication of the fact that China’s ambitious auto industry is set to go global.
The unveiling of the new hybrid SUV by Lynk & Co. came at a blacked-out warehouse. The move has set the scene for a first-of-its-kind development in which a Chinese-branded car will be manufactured in Western Europe for sale in the region, with the eventual goal of hitting the showrooms in the US.
The aspirations of Chinese automakers to go global are being spearheaded by Geely Group’s billionaire owner Li Shufu. China is aiming at becoming one of the major forces in the electric automobile market, by becoming a significant fourth player in the global auto industry, alongside the present Big Three --- the US, Germany and Japan.
To set the pace for taking China’s car revolution to a global scale, at least four Chinese carmakers have efforts underway to commence car sales in the US in 2019, along with three Chinese-owned start-ups --- SF Motors Inc., Byton, and NIO.
In addition, electric buses are being manufactured by BYD Co. in California; the testing of autonomous-driving big trucks has been commenced by Beijing-based TuSimple Inc. in Arizona; and Baidu Inc. is teaming up Microsoft Corp., Nvidia Corp., and TomTom NV on a self-driving platform.
Japanese automaker Toyota Motor Corporation will be launching a pilot project next year, for testing a transportation system focused on autonomous vehicles.
Hong Kong-based company RevoZport has unveiled the design of its new racing body kit for US electric vehicle maker Tesla’s Model 3 electric car. The new kit unveiled by RevoZport this week is called the R-Zentric Model R3 kit.
Tesla Motors has recently announced Gigafactory 3 in China and latest reports suggest that the electric vehicle maker is looking for another location in Europe.
Japanese automaker Nissan unveiled a new LEAF-based electric car -- the ‘Sylphy Zero Emission’ -- at the 2018 Auto China show in Beijing.
In a move which underscores the scaling back of Indian government’s efforts to switch to electric vehicles, the country’s 2030 target for electric vehicles has been revised downward from 100% to 30% by the government led by Prime Minister Narendra
Japanese automaker Nissan has recently enhanced its electric vehicle (EV) line-up with the addition of a new vehicle --- the Nissan LEAF NISMO.