Remove Auto Remove Chinese Remove Tech
article thumbnail

TTTech Auto expands in China with MotionWise software platform for automated driving

Green Car Congress

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.

China 368
article thumbnail

Chinese startup might soon make EVs with cell-to-chassis tech

Green Car Reports

A Chinese startup plans to ditch battery packs entirely and integrate cells directly with an EV's chassis. With this goal in mind, Neta Auto on Wednesday announced a cooperative agreement with battery supplier CATL to use the latter's cell-to-chassis tech, branded as Integrated Intelligent Chassis (CIIC).

Chinese 182
article thumbnail

Volvo Cars Tech Fund invests in electric car charging company FreeWire

Green Car Congress

Volvo Cars has acquired a stake in mobile EV rapid charging company FreeWire Technologies ( earlier post ) via the Volvo Cars Tech Fund. —Zaki Fasihuddin, CEO of the Volvo Cars Tech Fund. The Volvo Cars Tech Fund was launched earlier this year and aims to invest in high-potential technology start-ups around the globe.

Volvo 230
article thumbnail

Report: Honda to provide hybrid tech to China automakers

Green Car Congress

will provide its core hybrid car technologies to a number of Chinese automakers, probably starting with it local joint venture partners, Dongfeng Motor Corp. The Nikkei reports that Honda Motor Co. and Guangzhou Automobile Group Co.

Honda 231
article thumbnail

TTTech Auto gains US$285M investment from Aptiv and Audi

Green Car Congress

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.

Audi 186
article thumbnail

World premiere of BMW iX electric SUV in Shanghai

Green Car Congress

The BMW iX electric SUV ( earlier post ) has its world premiere at the Auto Shanghai 2021 show. The enhanced possibilities for using market-specific apps in China that this enables brings another focal point to BMW’s presentation at Auto Shanghai 2021. Market launch in China will get underway over the course of 2021.

BMW 418
article thumbnail

GlobalData: Global automakers earmark nearly US$600B for EVs over next decade

Green Car Congress

Prior to this, Toyota had only a few BEV models manufactured with its Chinese partner GAC Group. Automakers need to be tech-efficient to combat technology rivals invading the auto industry. Toyota plans to launch 30 models by 2030. Toyota announced US$70.4 billion investment in EVs to 2030, early this year.

Global 370