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TTTech Auto , the Vienna-based provider of automotive safety software, is expanding its operations with a dedicated subsidiary in China. TTTech Auto already has a presence in the Chinese market through its joint venture Technomous operated together with SAIC Motor, China’s largest automotive manufacturer.
However, the study reveals there has been an increase in interest in the US and Chinese markets. The autoindustry has seen this need to improve familiarity in the past, with some advanced driver assist features such as ACC and even autonomous driving. Source: Ipsos.
China-based automobile manufacturer Guangzhou Automobile Group (GAC Group), the parent company of GAC Motor, has begun construction of a large industrial park for electric and intelligent vehicles as part of its efforts to boost its electric vehicle business. More than 45 billion yuan (US$6.5 More than 45 billion yuan (US$6.5
Volvo Cars and Geely Auto have agreed on a wide-ranging collaboration that will maximize the strengths of the Swedish and Chinese automotive groups, delivering synergies in powertrains, sharing of electric vehicle architecture, joint procurement, autonomous drive technologies and aftersales.
In this article, I analyze the competitive landscape of electric vehicles (EVs) in China, focusing on the Xpeng Mona M03 and others’ effect on the global auto market. continued] The post How Chinese Cars Like The XPeng Mona M03 Will Impact The Global AutoIndustry appeared first on CleanTechnica.
In this article, I’m analyzing at a high level what is happening to the autoindustry across propulsion types. continued] The post China & US Auto Market — ChineseAuto Disrupting Everyone Else appeared first on CleanTechnica. I’ll break it down by region and also discuss individual companies.
The COVID-19 has hit the Chinese EV sector hard; CRU, a provider of business intelligence on the global metals, mining and fertilizer industries, believes that weak sales will last at least until early Q2 2020. Nonetheless, it continues to forecast Chinese EV sales growth in 2020 over 2019’s total.
Although competitive Chinese automaker BYD isn’t yet slated to enter the U.S. BYD launched its Seagull, a small hatchback EV with a price tag starting at 69,800 yuan (~$9,773), at the Shanghai Auto Show last year. auto market anytime soon , some U.S. auto sector,” the organization writes. BYD last year sold 1.57
At Auto Shanghai, Chinese battery giant CATL launched what it calls a “condensed battery”—a type of semi-solid state cell with an energy density of up to 500 Wh/kg. These have been used on multiple high-end BEVs such as ZEEKR, AITO and Li Auto.
million vehicles, Italy has reportedly initiated discussions with a number of potential partners, such as Tesla and Chinese carmakers. The negotiations were mentioned by Industry Minister Adolfo Urso on Wednesday. Apart from Tesla, the minister stated that the government is also in talks with three Chinese automakers.
F) Arctic conditions in the frigid northern Chinese province of Heilongjiang. Geely’s latest Methanol Hybrid Emgrand is based on Geely Auto’s fourth-generation B-Segment Modular Architecture (BMA) Emgrand sedan. With methanol fuel price at Chinese pumps around 3RMB/L (€0.42/L From 0-100km/s takes 8.8
The Chinese giant is one of the world’s busiest EV automakers, with almost 1.9 Though enormous, BYD isn’t satisfied with dominating its home market and wants the rest of the Chinese electric autoindustry to come with it. Build Your Dreams, or BYD, is likely one of the largest companies you’ve never heard of.
TTTech Auto, a Vienna-based technology leader in automotive safety software, raised US$285 million (€250 million) from Aptiv PLC and Audi in its latest funding round. With this latest funding round and a valuation of more than US$1 billion, TTTech Auto confirms its strong position amid a growing number of auto tech unicorns.
The pool of plug-in hybrid utes is set to grow more crowded still in Australia, with Chinese brand JAC whipping the covers off its T9 Hunter plug-in hybrid at the Melbourne Motor Show tonight. It’s also yet to confirm towing and payload figures of the Hunter, but EV Central understands the brand is targeting the industry standard 3.5-tonne
Industry sources in China hint at a lower-priced Model Y for the Chineseauto market , which keeps the Junipers battery and chassis The post Tesla Unveils Model Y RWD 110 customized for Singapore appeared first on TESLARATI. Tesla might consider releasing custom, cheaper versions of its vehicles in other countries.
pic.twitter.com/5oqCeS2tY9 — Roland Pircher (@piloly) April 8, 2025 Tesla China does not report its weekly sales data, though a general idea of the companys performance in the overall Chinese automotive market can be inferred through new vehicle registrations. YTD is at +3% YoY.
While auto shows have generally started to lose some significance as automakers turn to dedicated launch events, this year's Shanghai auto show could be an exception, said Deutsche Bank analyst Edison Yu's team. (A A file photo taken by CnEVPost at the Shanghai auto show two years ago shows an ET7 wrapped in a blanket.)
Stellantis appears to be strengthening its ties in China’s automotive industry. Stellantis recently repurchased €934 million in shares from Chineseauto company Dongfeng as per a pre-existing share repurchase framework. billion in Leapmotor , acquiring 20% of the Chinese company and becoming a significant shareholder.
Prior to this, Toyota had only a few BEV models manufactured with its Chinese partner GAC Group. Nevertheless, the investment announced remain important for automakers from a perspective of sustaining the ongoing disruptions in the automotive industry. Toyota plans to launch 30 models by 2030. Toyota announced US$70.4
Geely Holding has provided two Geely Auto Emgrand methanol sedans ( earlier post ) and the world’s first M100 heavy truck to Danish partners as part of the long-term trial. In the quest to reach carbon neutrality, methanol and electric vehicles are two powerful tools in the toolshed.
(Image credit: CnEVPost) The price war is one of the most talked-about topics in China's autoindustry this month, creating operational challenges for many car companies. Now, an industry association is calling for a return to rationality for all parties to bring order to the market. For more articles, please visit CnEVPost.
Chinese lithium and cobalt sulfate prices fell this month as strict COVID-19 lockdowns in Shanghai and elsewhere limit demand in the world’s largest electric vehicle market. Consultancy Rho Motion now forecasts Chinese EV sales of 5.6 So I’m naturally positive on the industry and prospects for the company.
The post Chineseauto chip maker SemiDrive closes $140 million Series B+ financing appeared first on CnEVPost. SemiDrive currently has four series of products with an annual output of one million chips. For more articles, please visit CnEVPost.
Tesla and 16 Chinese automakers signed a truce ending the EV price war. Executives from Tesla and 16 China-based automakers participated in a signing ceremony at the China Auto Forum in Shanghai held on July 6, 2023. Last month, local Chinese authorities hesitated to approve Tesla’s Giga Shanghai expansion plans.
It’s official: The European Union is moving ahead with increased tariffs on Chinese-made EVs to as much as 45.3% – in an effort to save its autoindustry from total demise. Question is, will it even matter to a powerhouse like BYD?
China needs to further optimize NEV consumption to provide support for stable auto consumption and economic growth, according to an article in Economic Daily. The post Chinese state paper article calls for more policies to spur NEV consumption appeared first on CnEVPost. For more articles, please visit CnEVPost.
A rare price stampede is taking place in the Chineseauto market. BMW officially made the BMW i3 available in China on March 31, 2022, when only one version, the BMW i3 eDrive35L, was offered, and only for the Chinese market. The rumors and the dealers' moves come as the Chineseautoindustry is staging a rare price war.
A Volkswagen joint venture in China has started offering official discounts as the price war in the Chineseautoindustry continues. family models as the price war in China's autoindustry intensified. (A screenshot from SAIC-Volkswagen's website shows the automaker's marketing of discounts.)
Consumers in China, the world’s largest auto market, were the most enthusiastic, at 84%. —Mark Wakefield, global co-leader of the automotive and industrial practice at AlixPartners. In the US, 44% said they’d consider swapping their personal vehicle for ride-hailing under such circumstances. —Mark Wakefield.
Chinese tech giant Baidu opened a 2.5-acre acre test track and operations base for autonomous vehicles last week, its third such site in the country and its latest move to dominate the "robotaxi" industry. Baidu has announced plans to deploy 3,000 robotaxis in 30 Chinese cities by the end of 2023.
Tesla China’s new vehicle registrations proved quite healthy during the Chinese New Year holiday period. Chinese New Year registrations: During the week of January 20 to February 2, 2025, Tesla China saw 13,400 new vehicle registrations. This period covered the Chinese New Year holiday. during the Chinese New Year period.
platform at the Shanghai auto show, with the all-new ES6 making its debut. NIO (NYSE: NIO) will have the facelift of its previously popular ES6 SUV unveiled at the Shanghai auto show later this month, marking the first time the company has unveiled a new model at an auto show. For more articles, please visit CnEVPost.
Canada’s steel and aluminum industry has voiced its support for tariffs on products from China, from electric vehicles and beyond. General Motors Canada has also encouraged the government to examine issues that could affect strong competition and prevent a fair playing field in the Canadian auto market.
Areas of potential cooperation include engineering, sourcing, industrialization and efficiency measures. Together with our partner, we will jointly develop next generation of advanced technologies in order to remain at the top in the industry in times of wide-ranging change.
Li Auto leads the pack with superior execution, but risk-reward increasingly favors XPeng and NIO after a drastic sell-off this year, Morgan Stanley said. As of Monday's close, NIO's (NYSE: NIO) US-traded ADR was down 10 percent this year, XPeng was down 8 percent, and Li Auto was up about 12 percent.
BYD debuted its E-SEED GT concept car and Song Pro SUV alongside its all-new e-series models at the Shanghai International Automobile Industry Exhibition. BYD’s latest offerings will bring you a whole new experience, while delivering new power to Chinese cars! —Wang Chuanfu, Chairman and President of BYD.
Ward's Auto is reporting that Hyundai and Renault are eyeing a return to the Russian market, assuming that Russia and Ukraine reach a peace deal following the former's invasion of the latter. Russians have been buying new cars from Russian automakers, Chinese car companies, and the gray market.
Initiatives with all three Chinese vehicle production joint ventures – FAW-Volkswagen, SAIC VOLKSWAGEN and JAC Volkswagen – will enable this target to be reached. Together with our partners, we have advanced the Chinese automotive industry. Now, it’s time to bring the Chinese mobility to the next level.
After its meteoric rise in the global autoindustry last year, the Chinese EV giant is off to a hot start in 2025. BYD sold over one million EVs and plug-in hybrids in the first three months of the year. Even more impressive, BYDs overseas sales doubled to start the year as it expands into new markets.
NIO and Li Auto 's mobile apps have been featuring pretty girls significantly more often lately, while XPeng is running a campaign to encourage users to share such content on its app. The app has probably the largest number of users of any Chinese carmaker, and may even surpass many popular apps from local tech giants.
The recent price war in China's auto market has put a new emission standard that will come into effect in a few months' time in the spotlight. CnEVPost obtained the views of several local analysts, which provide references on what impact that new emission standard will have on the autoindustry.
a joint venture to manufacture and sell light commercial vehicles (LCV), signed a Strategic Cooperation agreement with Chinese officials from Liaoning Province to further accelerate growth of LCVs in China. The Chinese LCV market forecast is for 3 million units per year, growing and moving rapidly.
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