or five passengers in the Korean market in October at the earliest. Without a subsidy system for the buyers of electric vehicles, the price of EVs is between 30 million won to 40 million won in Korea, placing a heavy burden on the consumers. More than 100 units of the e6 will be released as taxi or rental car, to spur demand for the model for use as commercial or official vehicles. BYD Co. released its prospectus on June 8 for a domestic initial ...

OEM Plants  Updated at: 2026/04/15

rposes. On October 17, Wuhan Weineng Battery Asset Co., Ltd., a company jointly owned by entities including NIO and CATL, established a wholly-owned subsidiary named Weineng (Wuhan) Battery Technology Co., Ltd., with a registered capital of CNY 100 million. The new company’s business scope covers rental of storage batteries, recycling and cascade utilization of waste power storage batteries for New Energy Vehicles, and operation of EV charging ...

OEM Plants  Updated at: 2026/04/02

greement with the pharmaceutical company Vetter for the gradual acquisition of about 40 hectares of the former Ford site. In the first phase, Vetter will secure the previously undeveloped areas of the Ford site and plans to establish a new pharmaceutical production facility there in the future. The rental agreements have been signed between Ford and gwSaar to cover the current and future use of the areas. In response to weekend demand mainly in E...

OEM Plants  Updated at: 2026/04/01

deur". It is installed with a 3.0-liter 235ps Lambda LPi engine with fuel consumption rated at 8.6 km/L. Sales prices are 23.3 million won for a private taxi model, 26.28 million won for a model taxi model, 27.52 to 28.22 million won for a barrier-free model and 25.85 to 28.63 million won for a car rental. On May 2 Hyundai Motor Co. and Kia Motors Corp. launched their first midsize gasoline-hybrid electric vehicles Sonata Hybrid and K5 Hybrid. De...

OEM Plants  Updated at: 2026/03/25

2014. Renault Samsung held a test-ride event for the media commemorating the launch of the SM3 Z.E. electric vehicle (EV). The company plans to produce 4,000 SM3 Z.E. EVs in 2014. Of them, 10% will be sold to government and public agencies, 10% for general households, and the remaining to taxi, car rental, and car sharing business operators. Sales target for the taxi operators has been set at 2,000 units, expecting an increase in the purchase by ...

OEM Plants  Updated at: 2026/03/25

ng and other fields to jointly build intelligent automotive products. On September 17, Geely cooperated with AutoNavi. On May 9, Geely Technology Group (Geely Tech) established a joint venture (JV) with Daimler Mobility Services GmbH (Daimler Mobility). The JV has a business scope that includes car rental, electricity supply, installation/maintenance/operation of charging piles, and online car reservation. It has a 50:50 registered capital of CNY...

OEM Plants  Updated at: 2026/03/19

model from China. Bookings have been made available at the ongoing 46th Bangkok International Motor Show (BIMS 2025). In December 2023, Honda announced that it had commenced the first production line for the e:N1 at the Prachin Buri plant. The model was made available locally in 2024 only through a rental program with leading local car rental companies. As of January 30, 2026, the administrative staff at Honda’s Ayutthaya plant have confirmed t...

OEM Plants  Updated at: 2026/03/16

arrangements to 2028. The current contract will expire in four years from now. In order to strengthen their business partnership even further, they made the decision prior to the expiration date. Their joint venture, BMW Brilliance Automotive Limited, has established an R&D center in 2013 and begun rental business based on its first Zinoro-brand model, the 1E, in April 2014. The JV is also planning to launch a new engine plant in 2016. The new en...

OEM Plants  Updated at: 2026/03/09

arrangements to 2028. The current contract will expire in four years from now. In order to strengthen their business partnership even further, they made the decision prior to the expiration date. Their joint venture, BMW Brilliance Automotive Limited, has established an R&D center in 2013 and begun rental business based on its first Zinoro-brand model, the 1E, in April 2014. The JV is also planning to launch a new engine plant in 2016. The new en...

OEM Plants  Updated at: 2026/03/09

bly plant on April 8, following that at the Oshawa plant which had started V6 version production in March. The Impala was the top seller at 169,351 units in the large sedan segment, ahead of the Dodge Charger, at 82,592; Ford Taurus, 74,375. But the bulk of Impala sales - about 70 percent - were to rental agencies and other fleet customers. GM launched a $279-a-month lease for 36 months with $2,799 down on the 2014 Impala LT with a V-6 engine in ...

OEM Plants  Updated at: 2026/03/03

bly plant on April 8, following that at the Oshawa plant which had started V6 version production in March. The Impala was the top seller at 169,351 units in the large sedan segment, ahead of the Dodge Charger, at 82,592; Ford Taurus, 74,375. But the bulk of Impala sales - about 70 percent - were to rental agencies and other fleet customers. GM launched a $279-a-month lease for 36 months with $2,799 down on the 2014 Impala LT with a V-6 engine in ...

OEM Plants  Updated at: 2026/03/02

ts first customer, in the US. On April 3, BrightDrop announced it has started shipping the first 500+ BrightDrop Zevo 600 electric vans built in Q1 at CAMI Assembly in Ontario, Canada that just opened three months ago. Ryder plans to add 4,000 BrightDrop Zevo 600 and Zevo 400 electric vans to its rental fleet through 2025, with the first 200 expected as early as summer 2023 and into Q1 2024. GM plans to accelerate production of the electric van...

OEM Plants  Updated at: 2026/03/02

rnment authority. Changan PSA's DS will be included in the brands of Changan Automobile. With this acquisition of shares, Changan Automobile will have a new competitive edge in the high-end passenger car segment. On March 14 Changan PSA Automobiles has concluded a partnership agreement with CTC Car Rental concerning the rental business of the DS brand. Through CTC Car Rental, the company will rent DS3 and DS4 models. CTC Car Rental purchased 400 ...

OEM Plants  Updated at: 2026/02/26

olid-state batteries SAIC Motor puts fuel cell vehicles into commercial operation SAIC Z-One forges alliance with ADI for audio and video solutions SAIC Motor partners with OPPO to launch vehicle-smartphone integration solution SAIC Motor joins hands with Sinopec and CATL to establish power battery rental company SAIC and COSCO Shipping enhance partnership COSCO to hold 5.82% stake in SAIC Motor SAIC AI LAB launches first Level 4 Autonomous Drivi...

OEM Plants  Updated at: 2026/02/24

Beijing CHJ Energy Technology Co., Ltd., a Li Auto subsidiary. The business scope includes manufacturing of photovoltaic equipment and elements, manufacturing of batteries, operations of charging infrastructure for electric vehicles, development of AI application software, and small bus and minibus rental and operation services. According to multiple press releases dated November 13, CHJ (Ningbo) Energy Service Co., Ltd. was recently established ...

OEM Plants  Updated at: 2026/02/09

ties will leverage their advantages in mobility to construct a smart mobility service system and enhance services through smart cars and technologies in order to create a future mobility ecosystem. Volvo delivered 1,000 units of its S90 luxury sedan to iZU. Those vehicles will be used for long-term rental and ride-hailing businesses. On December 3, Volvo Car's 100,000th S90 came off the assembly line at its Daqing Plant....

OEM Plants  Updated at: 2026/02/06

o Zhejiang Pulangte Electric Vehicle Co., Ltd. (Pulangte) at Chery’s Kaifeng Plant. On May 11 Chery Automobile Henan Co., Ltd. (Karry), a subsidiary of Chery Auto, launched the Yoyo EV and Youjin EV in Zhengzhou City, He’nan Province. Karry also signed a cooperation agreement with 8PIMA, an NEV rental company. It held a ceremony for their first purchase order of 1,000 Yoyo EV units. On June 21, the new Chery Jetour X95 SUV rolled off the line...

OEM Plants  Updated at: 2026/01/28

n of cars. The plant has been idle since April 2022. The assembly of a test batch of mid-size crossovers has been launched by the site's industrial partner, the Automotive Technologies Company. The pilot batch will consist of 48 cars. Serial production will begin in 2024. At present, the plant is a rental site for production. The Automotive Technologies Company will use Chinese parts/kits of the root brands for the production of cars....

OEM Plants  Updated at: 2026/01/08

tion, On Decemebr 18, FAW Jilin signed a strategic cooperation agreement with Beidou Aerospace Automobile. They reached a consensus to collaborate in R&D, manufacturing, purchasing, logistics, and after sales. The partners plan to sell 60,000 vehicles to enterprises in industries such as logistics, rental, and e-commerce over the course of 3 years. On March 28, FAW Jilin Auto announced that it started operation of its green smart plant. Meanwhile...

OEM Plants  Updated at: 2026/01/06

increase its cumulative sales of new energy vehicles to 500,000 units by 2020. Lifan will construct energy stations for battery replacement at 500 locations across China over the next five years. The company will construct them at 13 locations in 2015. Lifan also plans to start an electric vehicle rental business and expand the scale of the rental business to 300,000 new energy vehicles by 2020. Lifan Industry (Group) Co., Ltd. will construct li...

OEM Plants  Updated at: 2025/12/31