Didi Chuxing and What’s Missing
While the global car sharing market is anticipated to grow 34 percent annually between 2017 and 2024, the rate is expected to be 40 percent in China.
Gary S. Vasilash
Editor-in-Chief, AutoBeat Group
China’s Zotye Moves Ahead with U.S. EV Plans
HAAH Automotive, which is the U.S. distributor for Chinese carmaker Zotye Automobile International Co., has signed dealers in 100 metropolitan markets as the company prepares to launch sales in the region by 2021.
Zotye Adds U.S. Marketing Execs
Chinese carmaker Zotye Automobile International Co. has hired industry veterans Jan Thompson and Susan Bland Norton to lead the company’s marketing efforts in the U.S., where it aims to launch sales next year.
Zoyte Names First U.S. Dealers
The initial group of U.S. franchised dealers for Zotye Automobile International Co. have been named as part of the Chinese carmaker’s plans to launch sales in the market by the end of 2020.
Ford’s EV Future in China
While automakers in the U.S. seem to be frustrated by the California Air Resources Board sticking to its requirements for the electrification of vehicles—although in some regards it appears that the number of electric vehicles (including plug-in hybirds) sold by a company in California in 2025 is on the order of over 15 percent of total sales, given things like credits that car markets can use, the number is closer to 8 percent—the world’s largest automotive market, which happens to be on the other side of the Pacific, has rather demanding requirements, with a need for OEMs to have at least 8 percent of their 2018 sales be electric vehicles (EVs), then 10 percent in 2019 and 12 percent in 2020.
Gary S. Vasilash
Editor-in-Chief, AutoBeat Group
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