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National Electric Vehicle Sweden AB (NEVS) and Dongfeng Motor Corporation enter strategic cooperation, focused on new energy vehicles

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National Electric Vehicle Sweden AB (NEVS)—the rebirthed Saab—and Dongfeng Motor Corporation (Dongfeng) have signed a strategic cooperation agreement to achieve global industrial synergies. Dongfeng Motor Corporation (DFM) is the third biggest Chinese state-owned automobile manufacturer headquartered in Wuhan, Hubei Province.

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Global production of Mazda3 reaches 4M units; currently ~30% of total sales

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Mazda Motor Corporation announced that cumulative production of the Mazda3 (known as Mazda Axela in Japan) reached four million units on 22 January 2014—ten years and seven months after production of the first-generation model commenced in June 2003. No other Mazda model has reached the milestone as quickly.

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China develops 3rd generation of automotive steel; light weight and safety

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“After the application of the third generation of automotive steel, it is more likely for drivers to survive in the accident,” said Weng Yuqing, an academician from the Chinese Academy of Engineering.

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Fuji Heavy Industries to change company name to Subaru Corporation

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the manufacturer of Subaru vehicles, will change its company name to Subaru Corporation with effect from 1 April 2017 (tentatively). In its mid-term management vision “Prominence 2020” announced in May 2014, FHI set a corporate vision for 2020 of being “a high-quality company that is not big in size but has distinctive strength”.

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New Mazda bio-based engineering plastic features high-quality finish without paint; suitable for exterior parts

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Mazda Motor Corporation, in conjunction with Mitsubishi Chemical Corporation, has developed a new bio-based engineering plastic that can be used for exterior design parts for automobiles. The new plastic will help Mazda to reduce its impact on the environment in a number of ways.

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Wanxiang and Ener1 receive Chinese Government approval for Li-ion storage systems JV; targeting capacity of equivalent to about 40K EV packs per year

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a division of the Chinese conglomerate Wanxiang Group Corporation, have received approval from the Chinese government for their joint venture to co-manufacture lithium-ion energy storage systems for the China market. Ener1, Inc. and Wanxiang Electric Vehicle Co., The new company—Zhejiang Wanxiang Ener1 Power System Co.,

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MassCEC Approves $5M Forgivable Loan for A123 Systems; Targeted at Expansion for Grid Storage Systems

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The company anticipates making $80 million in capital expenditures in Massachusetts to build up its manufacturing and R&D capabilities there by the end of 2014. Under the terms of the MassCEC financing, A123 will double its Massachusetts employment to more than 500 by 2014.

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