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Hybrids and EVs Main Attractions at the Shanghai Auto Show


The main attractions of the 15th Shanghai International Auto Show are the electric and hybrid models. This comes as no surprise taking into consideration China’s recent fight with the unprecedented smog caused by high vehicle CO2 emission levels. There are 1,300 vehicles exposed at the auto show, from which 91 are new energy models including 56 from foreign automakers, the first ...
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One in Three Japanese EV Owners Will Not Buy an Electric Vehicle Again
A recent report shows that one in three Japanese EV owners will not buy another electric vehicle. "EVs are looked at more like a piece of technology and they don't age ...
EU Transport Boss Requires the Increase of Refueling Points for EVs
According to EU transport boss, Europe must quickly increase the number of refueling points for natural gas vehicles and EVs. EU Transport Commissioner Siim Kallas said that Europe must invest in ...
Tesla will repay U.S. Energy Department loans five years early
Tesla Motors has announced it will repay the loans to the U.S. Energy Department five years ahead of schedule in a plan approved by the government. Tesla Motors received $465 million ...
BYD and Daimler Extend Partnership in Electric Vehicles
BYD and Daimler have expanded their JV in electric vehicles by nearly half. Friday, March 1st, the two companies announced that will each invest $69 million in BYD Daimler New Energy ...
Tesla Motors CEO says NY Times’ story cost the company up to $100 million
Tesla Motors' CEO Elon Musk said the New York Times story about the Model S sedan failing to achieve its estimated driving range affected the company's stock-market value by as ...
Renault to supply 2,000 ZOE and 100 Fluence Z.E. vehicles to UGAP
Renault has won the “Versatile 4-seater electric vehicle” and “Compact electric sedan” contracts in a new call for bids launched by Union des Groupements d’Achats Publics (UGAP, a public procurement ...
President Obama to Create ‘Energy Security Trust’ for Oil-Free Vehicle Research
President Obama plans to create an "Energy Security Trust" to fund the development of oil-free vehicles. Obama’s plan to “shift our cars and trucks off oil for good" only means that ...
Automakers Give Up on EVs, Focus On Hybrids and Downsized Gasoline Engines
Weak sales of electric vehicles made automaker scale back investments, just 8% of the companies planning to further focus on pure battery technologies. The rest of the automaker will turn their ...
Wanxiang Group granted approval to buy A123 Systems
China's largest auto parts manufacturer won U.S. government approval to buy A123 Systems, a bankrupt maker of electric car batteries that was funded with federal money. According to a source familiar ...

latest automotive news
Luxury Automakers Plan to Assemble Vehicles in India to Avoid Import Tax
Luxury automakers try to boost sales in India by assembling the vehicles in this country. As automakers have to pay a ...
Luxury Auto Market Growth in China Down 8.34% in the First Quarter
During the first quarter, premium-car market in China has dropped to 8.34%, representing a decline of 80% compared with the ...
Thieves Stole an Audi RS4 Quattro Avant from Bury St Edmunds Audi Dealership
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Tata Delays Plans of Building Plant in Thailand
As Tata tries to deal with a drop in demand it has decided to postpone the development of the new ...
Audi Surpassed BMW in India Luxury Auto Sales
Audi managed to surpass BMW and become the largest seller of luxury vehicles in India. Over the past years the luxury ...
GM Stock Surpasses 2010 IPO Price
Today, May 17th, GM’s shares surpassed the offering price from the 2010 IPO, which means that the US Treasury will ...
PSA Workers at Aulnay Plant End Four-Month Strike
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Jaguar Plans to Upgrade Its Dealerships in the US
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VW April Sales Up 7%
VW reported sales up 7% to 784,600 vehicles in April, after a drop of 0.2% in March. "Nevertheless, the market environment ...
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Tesla Plans to Repay Energy Department Loan
Tesla plans to raise $1.08 billion to build cash reserves and repay the loan offered by the Energy Department. CEO Elon ...
Michelin Comes With New Agreement for Its French Plants
Michelin plans to implement new rules at its facilities in France, aimed at adjusting capacity and avoiding lay offs, as ...
George Michael Involved in Car Crash in England
Thursday night, May 16th, George Michael was injured in a car crash which took place on the M1 motorway at ...
Sale of the Nurburgring Race Track Began This Week
The bidding for the Nurburgring race track started this week, and the final price is expected to reach about £100 ...
Fiat Does Not Plan to Move Headquarters to the US
Fiat CEO Sergio Marchionne said that the company does not plan to move its headquarters to the US. "This issue, treated ...
Ferrari joins Lotus in tyre tweak criticism
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Ram Plans to Boost Heavy-Duty Pickup Sales and Dealerships in the US
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[VIDEO] Renault Twizy F1 Concept beats two Megane RS in drag race
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