Brilliance China Automotive Holdings Co (#7 Auto builder in China, #29 world rank) said it is on track to launch a plug-in hybrid electric vehicle (PHEV) by 2013, Jinghua newspaper reports.Brilliance Auto began to develop PHEVs in 2008 and is expecting to bring such vehicles to the market in 2013 if there's a mature charging environment by that time.
The company could also consider launching a strong electric vehicle in 2011 that will save energy use by 35% compared with conventional vehicles.
Brilliance has a joint venture with BMW, assembling 3 Series and 5 Series cars at its Shenyang facility. It also produces Zhonghua-brand passenger cars and minivans through the venture. Last year the company sold 285,000 vehicles, with its sales growth down 5% from last year.
Source : The Auto Channel, October 5th, 2009
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