Honda to launch all-electric battery car in China next year
09:15, Apr 20, 2017
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At the Shanghai Auto Show carmakers, both domestic and foreign, are hustling to grab a share of the world's largest market for new vehicles.
"It's hard for someone with an EV to come and take away market share from SUVs", stated Ben Cavender of China Market Research Group.
The show will be opened to the general public on Friday at the National Exhibition and Convention Center (Shanghai).
But manufacturers are showing and developing numerous battery electric and plug-in hybrid models in response to the government's desire for more green vehicles on the streets to counter China's chronic pollution. Volvo expects about 15 percent of customers for its second-generation XC60 to pick the powertrain. SUVs compromised 40 percent of sales, while sedan purchases dropped 4.9 percent.
Ford Motor Co.'s luxury brand, Lincoln, has unveiled its first gasoline-electric hybrid, a version of its MKZ midsize sedan, at the Shanghai auto show.
German giant Daimler launched a car-sharing service a year ago that has since expanded to seven cities, gaining more than 250,000 registered users, the company said.
Unable to afford a auto, Shanghai university student Long Yi faces a lengthy, expensive commute across his vast city but has found a solution in the car-sharing schemes quickly gaining momentum in China.
Regulators have jolted the industry with a proposal to require electrics to account for at least 8 percent of each brand's production by next year, rising to 10 percent in 2019 and 12 percent in 2020. China is the world's biggest auto market by far, and growth is set to continue this year, albeit at a slower 5 percent, according to the China Association of Automobile Manufacturers.
It plans to sell vehicles in the United States and Europe after its China launch, to compete with global automakers.
Volvo Cars has announced that it will build its first fully electric vehicle in China, as part of its larger commitment to sell a total of 1 million electrified cars - including fully electric cars and hybrids - by 2025.
China's government wants more electric vehicles (EV) on the roads but consumers remain hungry for sports utility vehicles (SUVs), forcing foreign automakers to get innovative with their offerings.
SAIC, China's highest-selling automaker, is rethinking its expansion plans due to uncertainty regarding President Donald Trump's trading policy.
GM is also offering a $5,233 discount to Chinese buyers on its the Velite hybrid auto when it goes on sale in the country later this year.
Other Chinese brands offer plug-in electrics but most sold only a few hundred vehicles past year.
Additionally, Dana's new Spicer Electrified™ e-axles for electric transit buses and city delivery vehicles feature a fully integrated motor and gear box and leverage the company's vast experience in chassis drivetrain applications.
Honda has set a target of selling 75,000 Clarity cars - fuel cell, hybrid, or all-electric - annually, starting next year. Indeed, Honda says the Clarity PHEV will be good enough for more than 330 miles on a full battery and a full tank of gas.
IS had become an offshoot of al Qaeda in Iraq by 2004, but IS later broke off from the group and became its rival. Mosul , the largest city in northern Iraq , was captured by the ultra-hardline Sunni Muslim fighters in mid 2014.
But Uber's losses grew to $991 million in the period, as revenues grew 74 percent to $2.9 billion from the third quarter. Factoring in its China subsidiary, which it sold in July, the number is likely greater than $3 billion for the year.
Incidentally, both the stars filed the documents together as they both want their children's joint physical and legal custody. TMZ reports that Jennifer Garner and Ben Affleck have filed for divorce almost two years after announcing their separation.
Images of tax protesters in cities including Washington , Philadelphia, Chicago , Los Angeles and NY flooded social media. Organizers say similar Tax Day protests are being held in about 150 cities to demand that Trump release his tax returns.
He hailed NATO's role in the fight against terrorism, describing the alliance as the "bulwark of worldwide peace and security". Back in Washington , Trump said: "We're not getting on with Russian Federation at all".
Both companies said they've put strict controls on their supplies to ensure the drugs aren't used in capital punishment. District Court Judge Kristine Baker is expected to rule Friday in the inmates' request to halt the executions.
ACC will make up year lost at NC venues
If North Carolina does not get a bid today, experts say it could cause the state at least $250 million over the next five years. Pittsburgh made out big in gaining major NCAA Division I championship events.
Bulls early surprise of playoffs after taking 2 at Boston
After the game, Larry Bird of the Celtics said: "I didn't think anyone was capable of doing what Michael has done to us". Stevens wouldn't discuss who the team's best - or worst - players have been over the first two games of the series.
Hillary Clinton apologized to Obama after Trump's victory
She told Trump that she was committed to country's success and "that means your success as president". "I'm sorry", she said. First came a call from White House political director David Simas to Clinton's campaign manager, Robby Mook .
Netflix nears 100 million subscribers worldwide
But if it wants to keep investors happy, the company will eventually have to improve its relatively low profit margin. Analysts predict Netflix will make $482 million on revenue of more than $11 billion for the entire year.
BJP hopeful of winning Odisha in 2019
Prime Minister Narendra Modi will arrive in Bhubaneswar around 3.45pm to attend a power-packed BJP national executive meet. BJP supporters raised slogans of "Modi-Modi" and "Vande Mataram" and some showered flowers on the Prime Minister.
Officer fired after kicking handcuffed man
The report mentions McDonald arriving after Bongiovanni had used his stun gun on Hollins and gotten him handcuffed on the ground. Department of Justice has filed federal criminal civil rights charges against other police officers displaying similar behavior.
Cavaliers to sign Dahntay Jones for playoffs
Irving will not play in Monday's game against the Heat due to rest purposes, Joe Vardon of Cleveland .com reports. But we fought back". "We're the No. 1 seed right now, and it's our job to take care of business tomorrow".