Shanghai Aerospace Automobile Electromechanical Co., Ltd.（SAAE）will pull out of the business operated by Shanghai CNG Automotive System Co., Ltd., liquidating the 60 percent shareholding it has in the company. Shanghai CNG Automotive System manufactures gas cylinders for compressed natural gas. It has been plagued with financial difficulties due to soaring prices of natural gas and the shrinking gas cylinder market in China. (From an announce...

新闻  2010/10/20 更新

Honda, Compact HV making 40km/L   A new hybrid vehicle Honda is planning to put on the market is one size smaller than the "Fit" and equipped with the light and compact hybrid system "IMA" that is installed on the hybrid only Insight and CR-Z models. This hybrid system will be combined with a new 1,000cc-class engine and a transmission. Its sales prices are likely to range from 1.3 to 1.4 million yen. The highest level of fuel consumption among ...

新闻  2010/08/09 更新

appears to have determined it possible to reduce manufacturing costs of lithium-ion batteries, leveraging expertise in cost reductions it has acquired through development of hybrid vehicles. With the aim of winning the de facto standards of PHEV in the industry, Toyota seems to have decided to set prices lower than those of electric vehicles. In case other automakers offered lower EV prices, it could trigger a one-notch cut in the price of the "...

新闻  2010/07/21 更新

Nissan, Net price of "Leaf" announced 2.99 million yen   Nissan announced that retail prices of its electric vehicle "Leaf" will start at 3.76 million yen (approx. 40,870 US dollars), which translates to net 2.99 million yen (approx. 32,500 U..S. dollars) after deduction of the government subsidy of 770,000 yen (appox. 8,400 US dollars). Nissan will accept advance orders for the car starting on April 1. As temporary tax incentive measures the au...

新闻  2010/03/31 更新

Nissan, Quick charger for EV under development   Nissan is developing quick-charging facilities for electric vehicles slated to go on sale around summer of 2010 at prices ranging from 1.5 to 2 million yen (16,300 to 21,700 US dollars), about one half of prices of products of other companies. Nissan plans to install new quick-charging devices at about 200 dealers located across the nation to cover the total market areas.[Green Vehicles]...

新闻  2010/03/31 更新

ite an additional vehicle weight due to installation of the hybrid system, energy, which is stored in secondary batteries, can be utilized to enhance torque when required, resulting in boosting acceleration performance of the car. It is capable of replenishing torque more than increased weight. Its prices start at 2,268,000 yen. Honda expects to sell 12,000 cars a year in the Japanese market.[Green Vehicles]...

新闻  2010/02/26 更新