This site uses cookies to improve your experience. To help us insure we adhere to various privacy regulations, please select your country/region of residence. If you do not select a country, we will assume you are from the United States. Select your Cookie Settings or view our Privacy Policy and Terms of Use.
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Used for the proper function of the website
Used for monitoring website traffic and interactions
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Strictly Necessary: Used for the proper function of the website
Performance/Analytics: Used for monitoring website traffic and interactions
The ranking of the 17 manufacturers based on the Sustainable Value Margin. The authors note that other leading manufacturers including Porsche, KIA or Chinesemanufacturers are still not producing sufficient sustainability performance data.). Click to enlarge. Professor Frank Figge, co-author.
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.
China-based and -focused CCID Consulting estimates that the China passenger vehicle market will need at least 1.802 million tons of aluminum sheets annually, assuming that aluminum replaces 15% of the steel used in automobilemanufacturing by 2015. CCID Consulting Co.,
StreetScooter GmbH, a subsidiary of Deutsche Post and market leader for electric light commercial vehicles (eLCV), has signed a memorandum of understanding (MoU) with the Chineseautomobilemanufacturer Chery Holding Group (Chery) establishing a joint venture between the two companies.
The European AutomobileManufacturers’s Association (ACEA) has signed a cooperation agreement with the China Association of AutomobileManufacturers (CAAM) in Beijing.
Nidec first revealed its automotive traction motor system in September 2017; the company later went on to announce the successful development of a refined design that fully integrates the reduction gearbox and inverter. Nidec started out as a manufacturer of small electric motors for appliances and other machines in 1973 in Kyoto, Japan.
China-based automobilemanufacturer 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. The company ranked 5 th among all brands in J.D.
It acquired 20% of the Chinese automakers, making it a significant shareholder. The Chinese automaker also said that the executive team for its joint venture with Stellantis is in place as C10. In November, Stellantis repurchased €934 million shares from Chinese automaker Dongfeng based on a pre-existing share repurchase framework.
Multiple car brands under Stellantis were affected by a cyberattack on Chinese supplier, Yanfeng International Automotive Co. Yanfeng supplies automobilemanufacturers with car parts including electronics, seats, interiors, and other components. billion in the Chinesecompany.
This includes the buoyant Chinese market which has become the largest and fastest growing market for hybrid and full electric vehicles in the world. Joining forces allows us to significantly expand our manufacturing capacities in order to satisfy the ever growing demand. Infineon will continue to independently serve all other markets.
Zhejiang Geely Holding Group set a new export sales record in December with 11,000 cars being exported during the month, which also helped the company increase its export sales over the course of 2012 by 164%. Geely’s current major overseas markets include Ukraine, Russia, Iraq and Saudi Arabia.
Later videos posted by Chinese media showed that Musk also met with Premier Li Qiang. The China Association of AutomobileManufacturers also noted that Tesla, along with other notable automakers like BYD, have cleared all data processing requirements in the country. Honored to meet with Premier Li Qiang.
ZAP is a 15-year-old California EV company and Jonway Auto is a wholly owned subsidiary of Jonway Group, a 20-year-old Chinese vehicle manufacturer. ZAP intends to acquire the remaining 49% of Jonway Automobile following completion of the first phase and following final regulatory approval. million in cash.
This was according to an announcement from the China Association of AutomobileManufacturers and the National Computer Network Emergency Response Technical Team/Coordination Center of China. Tesla became one of the first automakers in China to earn a “Vehicle Privacy Protection” certification.
In 2009, China overtook the United States as the world’s largest automobile market with sales increasing 46 percent from 2008 to 13.6 million vehicles in 2009, according to the China Association of AutomobileManufacturers. The company recently began producing electric motorcycles and related vehicles.
SVOLT Energy Technology, a global advanced technology company and spin-off of Chineseautomobilemanufacturer Great Wall Motors, is the first to begin commercialization of lithium-ion batteries (LIB) utilizing metallic thin-film separator technology from Soteria Battery Innovation Group (BIG).
With collaboration between German and Chinesecompanies accelerating in the areas of automated driving and intelligent connected vehicles, Daimler and Baidu recently signed a Memorandum of Understanding (MoU) to enhance their Sino-German cooperation in these strategic fields.
This was according to an announcement from the China Association of AutomobileManufacturers and the National Computer Network Emergency Response Technical Team/Coordination Center of China. Tesla became one of the first automakers in China to earn a “Vehicle Privacy Protection” certification.
Chinese truck and utility vehicle manufacturer Beijing Foton has launched the China Internet Super Truck Global Innovation Alliance and showcased the Auman EST (Energy Super Truck) at an event in Athens, Greece.
These companies will invest a total of €10.6 This amount will be funded in full from the cash flow generated by the Chinese joint ventures. The Volkswagen Group is one of the world’s leading automobilemanufacturers and the largest carmaker in Europe. billion (US$14.5 billion) in the period 2011 to 2015.
Tesla Giga Shanghai has resumed over 80% production along with several other companies, according to Chinese official Zhang Hongtao — the chief engineer of the Shanghai Economics and Information Technology Commission. During a press conference, Zhang stated that Shanghai created a second list of 1,188 companies that can resume work.
Dongfeng is one of the leading vehicle company groups in the world. Dongfeng Motor Corporation (DFM) is the third biggest Chinese state-owned automobilemanufacturer headquartered in Wuhan, Hubei Province. million units in 2014 and 1.83 million in the first half of 2015.
With the multiple state owned automobilemanufacturer partners it would be a simple process of handing the keys over to the factory and the corporate office. Western investors learned about this the hard way investing in Russian oil and gas companies.
Under the changing situation, there is not much time left for traditional oil companies to “break the circle” Total Energy launches new company. Among the oil companies breaking through the siege of new energy vehicles, the international giant Total Energy has found a suitable breakthrough: charging piles.
billion by 2030 if the advanced driver-assist suite sees increased adoption among the company’s customers in China. The China Association of AutomobileManufacturers also noted that Tesla has cleared data security and processing requirements in the country.
Stellantis recently repurchased €934 million in shares from Chinese auto company Dongfeng as per a pre-existing share repurchase framework. is a state-owned automobilemanufacturer headquartered in Wuhan, Hubei. billion in Leapmotor , acquiring 20% of the Chinesecompany and becoming a significant shareholder.
Chinese smartphone giant Huawei has apparently broached the topic of software collaboration with a pair of German automotive companies. However, anything which springs forth from that joint venture will apparently be installed only on Audi models sold in the Chinese market, where the company is tangled up with the FAW Group home team.
Chinese automaker BYD is teaming up with Huawei for its advanced autonomous driving system (ADS). According to the China Association of AutomobileManufacturers, Denza, Fangchengbao, and Yangwang have made up only 5% of BYD’s total sales in the first half of this year. The all-electric SUV’s sales launch will start in late 2024.
Data from the China Association of AutomobileManufacturers (CAAM) seems to corroborate the production cuts. As noted in a CNEV Post report, Tesla China has so far sold 163,841 in the domestic Chinese market in the January to April period. Compared to the same period in 2023, Model Y production in China fell by 17.7%
(William Li (left), founder, chairman and CEO of NIO, and Qin Lihong, co-founder and president of the company, participate in a media group interview. NIO (NYSE: NIO) is confident it will see sales double this year, despite a rare price war that disrupted the Chinese auto industry in the first quarter. Photo taken by CnEVPost.)
Bremen was the former home of Borgward, and the German automotive company produced around 1.2 The company also plans to manufacture electric and plug-in-hybrid versions of the BX5 series and other models. Construction of the new manufacturing facility is scheduled to begin in early 2017. Earlier post.) Earlier post.)
Image credit: Chery New Energy) Chinese auto giant Chery's new energy vehicle (NEV) division has slashed the prices of several models, becoming the latest car company to do so. In January-February, Chery's NEV sales were 13,293 units, down 57.6 percent from 31,367 units in the same period last year.
During this month, price war has been the most talked about topic in the Chinese auto industry, and the upcoming entry into force of the 6b standard is seen as an important factor. This was seen as the beginning of the massive outbreak of the price war. A study covering nearly 100 auto dealer groups showed that nearly 98.89
percent from January, according to data released today by the China Association of AutomobileManufacturers (CAAM). The CAAM figures are wholesale sales by vehicle companies, where NEVs include battery electric vehicles (BEVs), plug-in hybrid vehicles (PHEVs) and fuel cell vehicles. percent year-on-year and up 28.7
Chinese EV giant BYD – which has hired some 90,000 employees in R&D to ramp up its smart tech game – now has a new smart car system. Alongside launching Xuanji at BYD’s 2024 Dream Day yesterday , BYD also announced that it plans to invest 5 billion Chinese yuan ($701.8 Last year, the company sold 1.6 million.
Image credit: CnEVPost) The price war is one of the most talked-about topics in China's auto industry this month, creating operational challenges for many car companies. Some local governments have launched pro-consumption policies aimed at boosting local auto consumption and easing difficulties for car companies.
SVOLT), a global advanced technology company and spin-off of Chineseautomobilemanufacturer Great Wall Motors, is first to begin commercialization of lithium-ion batteries (LIB) utilizing safety technology from Soteria Battery Innovation Group (BIG). GREENVILLE, S.C.,
| XPeng US | XPeng HK (Image credit: CnEVPost) This article by Trevor Mo was first published in The Bamboo Works , which provides news on Chinesecompanies listed in Hong Kong and the United States, with a strong focus on mid-cap and also pre-IPO companies. XPEV.US, 9868.HK), Comeback brewing? Its Hong Kong close of HK$9.62
This is according to the China Association of AutomobileManufacturers. Meanwhile, Reuters reported citing sources that Baidu, a prominent Chinese internet search company, has reportedly struck a deal with Tesla, allowing the car manufacturer access to its mapping license for gathering data on public roads in China.
As disruptive as the worldwide provide shortages of microchips proceed to be for auto manufacturing schedules, the outlook simply brightened a notch. AutoForecast Answers, which has tracked misplaced automobilemanufacturing weekly because the chip dearth started in 2021, has diminished its estimate for overall 2023 manufacturing unit cuts.
As disruptive as the worldwide provide shortages of microchips proceed to be for auto manufacturing schedules, the outlook simply brightened a notch. All past lengthy, the company has held to a forecast of two.8 8 million misplaced automobiles globally for 2023. It has now diminished that estimate to two.6 6 million.
This means that sales topped the one million unit mark for the fifth month in a row, according to the China Association of AutomobileManufacturers. You only need to draw a comparison with the USA to see how well the Chinese automotive market is fairing. Indeed vehicle sales have been red hot in the country throughout the year.
The Atto-3 SUV / Source: BYD Europe It was a huge year for profits at Chinese auto behemoth BYD. In 2023, the company sold 1.6 Of course, the Chinese EV market is booming – but looking at the numbers, it’s pretty staggering. Chinese automakers expect to have sold some 9.4 million vehicles. BYD tripled its profits to $1.5
We organize all of the trending information in your field so you don't have to. Join 5,000+ users and stay up to date on the latest articles your peers are reading.
You know about us, now we want to get to know you!
Let's personalize your content
Let's get even more personalized
We recognize your account from another site in our network, please click 'Send Email' below to continue with verifying your account and setting a password.
Let's personalize your content