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As EV quotas loom, automakers poised to buy carbon credits
Yang Jian | 2017/7/21

SHANGHAI -- Beijing is determined to impose quotas on electric vehicle output for automakers via a carbon credit trading program next year -- whether or not the industry is ready for it.  What will automakers do if they cannot ramp up production of EVs as quickly as required? Well, they can buy carbon credits from Chinese EV makers.   And that seems to be the strategy that many automakers -- both foreign and Chinese -- are likely to adopt.  Pictured: Yang Jian is managing editor of  Automotive  News China.
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Foreign suppliers favor fast-growing Chinese automakers
Yang Jian | 2017/7/14

SHANGHAI -- Until recently, global suppliers were reluctant to supply Chinese automakers that wanted small volumes of components at low prices.  But that¡¯s changing. Global suppliers are  increasingly reliant on Chinese automakers to expand their local sales, and Chinese auto brands have emerged as the main driver of growth.  Pictured: Yang Jian is managing editor of Automotive News China.
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How Chinese automakers will enter the U.S. -- step by step
Michael Dunne | 2017/7/11

If I were to tell you that Chinese automakers are coming to the U.S. for real this time, would you believe me?  For years, companies such as Chery, Geely and GAC have declared imminent plans to launch their products stateside. And for the past decade, they have failed to do so.  The Chinese at the door again? Really? Cue one big collective Yankee yawn. But this time is different. Today, the Chinese are talking less, but doing more. Much more.  Pictured: Michael Dunne is president of Dunne Automotive.
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Bowing to Beijing, VW accelerates EV timetable
Yang Jian | 2017/7/7

Beijing has turned a deaf ear to German automakers that protested its aggressive EV quotas -- a mandate that will take effect next year.  With no other options and no desire to pick a fight in its largest market, Volkswagen Group will spend billions to carry out the government¡¯s wishes. By 2020, the Volkswagen brand will introduce 13 battery electric models and plug-in hybrids in China, plus 10 additional models from 2020 through 2025.  Pictured: Yang Jian is managing editor of Automotive News China.
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Chinese suppliers, with Beijing's blessing, embark on global buying spree
Yang Jian | 2017/6/30

SHANGHAI -- A subsidiary of Ningbo Joyson Electronics Co. announced plans this week to acquire the assets of bankrupt Japanese airbag maker Takata Corp.  With the $1.6 billion deal, Joyson joins a wave of Chinese auto suppliers that have used major acquisitions to raise their global profile.  This is not a passing fad. Chinese suppliers can easily access the domestic stock market for capital, and they enjoy the central government¡¯s blessing.  Pictured: Yang Jian is managing editor of Automotive News China.
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  How Beijing's EV mantra helped create a mega battery maker
Yang Jian | 2017/6/23

SHANGHAI -- In a market as huge as China, a small supplier can quickly evolve into a world-leading company if it arrives at the right time with the right product, and more importantly, if it enjoys favorable government policies.  
That is exactly what has happened to Contemporary Amperex Technology, a company in Ningde, a small city in east China¡¯s Fujian province.  Pictured: Yang Jian is managing editor of Automotive News China
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Chinese carmakers declare war on foreign rivals
Yang Jian | 2017/6/16

SHANGHAI -- Until recently, Chinese automakers were widely considered to be cheap, low-quality marques that were too weak to compete with global giants.  But in the past two years, several Chinese brands have snatched market share from foreign rivals.  What is even more impressive is that they have begun to compete on product, rather than price.  Pictured: Yang Jian is managing editor of Automotive News China.
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China's EV market: Something for everybody
Yang Jian | 2017/6/9

SHANGHAI -- How should foreign automakers enter China's fast-growing EV market -- with pricey luxury cars, or no-frills models for the mass market?  The answer appears to be both.  To meet Beijing's tough fuel economy targets, Volkswagen Group and Daimler AG each has adopted a twofold strategy, and other foreign automakers are likely to follow suit.  Pictured: Yang Jian is managing editor of Automotive News China.
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Geely, a winner in China, faces uphill battle establishing itself overseas
Yang Jian | 2017/6/2

Geely Holding Group has emerged as the largest domestic carmaker in China this year. It is poised to defend its growing market share with a wave of models under its newly created Lynk & CO brand.  But the private Chinese company still has a long way to go before becoming a truly global player, one that international brands have to reckon with.  Pictured: Yang Jian is managing editor of  Automotive News China.
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Lotus can thrive under Geely
Nick Gibbs | 2017/5/30

The decision by China's Geely Auto to take a majority stake in Lotus Cars is great news for the unprofitable British sports-car maker.  Geely already is making positive noises about revitalizing the underfunded company.  Geely said it "aimed to unleash the full potential of Lotus Cars and bring it into a new phase of development by expanding and accelerating the rolling out of new products and technologies."  Pictured: Nick Gibbs is U.K. correspondent for Automotive News Europe.
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As EV quotas loom, automakers poised to buy carbon credits

Porsche deliveries jump in first 6 months behind 2 crossovers

Volvo to take stake in Lynk & CO

Baidu taps Microsoft to design self-driving cars

Audi ad, comparing wife to a used car, gets cool reception

Faurecia buys stake in Chinese infotainment supplier

Daimler, Chery resolve EV trademark dispute

Faraday hires veteran BMW exec to guide turnaround

China, U.S. fail to agree on key trade issues

BMW June deliveries rise as small models thrive

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