The goal of the plan is to have five million EVs on the roads by the end of 2020.
Even in the vehicle-hungry Chinese automobile market, there are winners and losers. SAIC has seen its passenger vehicle sales fall to just under 91,000 units for the first seven months of 2011. That's a two-percent drop versus 2010, and the company is making several moves to reverse that trend. Forty-five billion Yuan will be poured into research and development over the next four years, and the sales figure are also likely to get a shot in t
Roewe 550 RS - Click above for a high-res image gallery
Roewe MG6 – Click above for high-res image gallery
The Shanghai Automotive Industry Corporation (SAIC) has been blowing a lot of smoke, so to speak, over its ambitions to produce alternative fuel vehicles for several years now. Having partnered with Tongji University's engineering faculty in 2005, SAIC invested nearly $300 million in a new division dedicated towards developing alternative propulsion systems. Now the Chinese automaker is finally tipped to launch its first hybrid as early as next year.
There's a new MG TF on its way to replace the current TF, which is once again rolling out the doors at its Longbridge, UK ancestral home. The new TF will be available as a roadster, natch, and as a coupe, and based on the Roewe 550. AutoExpress has worked up some renderings based on insider information about the new rear-drive MG, and the car amounts to a smorgasbord of cues from a variety of unfortunately
Click above for high-res gallery of the Roewe 550
Click image for photo gallery
Click image for a gallery of the Roewe 550 sedan
MG's former Longbridge, UK headquarters has been pretty quiet since production ceased in 2005. Newly-merged owners SAIC and Nanjing want the clatter of carbuilding to once again echo through the plant and plan to base their European and overseas operations there. The plant itself has the capability to build up to three different models; the challenge is decidin
Ford pulled a shrewd move back in September when it exercised an option to purchase the rights to the Rover brand name from BMW, which meant that Chinese automaker SAIC couldn't use the brand name to sell the ex-Rover cars it had just won the rights to build. Hence, the Roewe brand was born and the John Neff