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A survey of the sustainability performance of 17 of the world’s leading automakers has found a mixed pattern when it comes to the sustainability performance of most of the car manufacturers. The BMW Group and Toyota are consistent industry leaders, creating extremely positive Sustainable Value over the entire review period—i.e.,
Sales of domestically-manufactured autos rose 36 percent year on year to reach 13.14 million units in the months through September, as lower-priced automobiles have become more affordable for better-off Chinese people, according to data released by the China Association of AutomobileManufacturers (CAAM) on Oct.
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. More than 45 billion yuan (US$6.5 Click to enlarge.
China’s central government plans to implement a new policy in the first half of this year to encourage auto industry consolidation and further the development of Chinese-brand passenger vehicles, an official from the Ministry of Industry and Information Technology said at a recent news conference. of the total.
Ford announced that Mustang Mach-E, its first global pioneering SUV built on an all-new, all-electric platform, will be manufactured in China by Changan Ford for local customers. Mustang Mach-E will become available in China later this year. Ford is investing more than $11.5 billion in electric vehicle development through 2022.
The European AutomobileManufacturers’s Association (ACEA) has signed a cooperation agreement with the China Association of AutomobileManufacturers (CAAM) in Beijing.
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., CCID Consulting Co.,
Chinese domestic auto makers were expected to produce and sell more than 8 million units of vehicles in first eight months this year respectively, said Chen Bin, director of the Department of Industry under the NDRC. Sales of China’s domestically-made automobiles totaled 1.09 million units in July, up 63.57
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.
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.
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. Stellantis appears to be strengthening its ties in China’s automotive industry lately. In October 2023, Stellantis invested €1.5
From the start, Borgward’s Bremen plant will base the technological aspects of its manufacturing system, processes, and equipment on the Industry 4.0 The Miyun manufacturing facility, which was commissioned in mid-2016, will also serve as the home plant for Borgward’s emerging global production network.
which is located in Ha’erbin, Heilongjiang, and FAW’s share in Hongta Yunnan AutomobileManufacturing Co., It also will engage in R&D, exports and aftersales support. The new joint venture includes Ha’erbin Light Vehicle Co., which is situated in Qujing, Yunnan.
Stellantis appears to be strengthening its ties in China’s automotive industry. 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. Stellantis invested €1.5
(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. 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.
(eGT), will focus on the core competencies of each partner and will harness the full potential of the Renault-Nissan Alliance electric vehicle leadership, as well as the resources of Dongfeng in the new energy industry, to meet the expectations of the Chinese market. —Carlos Ghosn, chairman and CEO of the Renault-Nissan Alliance.
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). —Carl Hu, CTO at Soteria BIG.
With collaboration between German and Chinese companies 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. —Robin Li, Chairman and CEO, Baidu.
The Volkswagen Group will help shape the technological turning point in key areas of the automotive industry and, to do this, will continue investing in environmentally friendly technologies, efficient drives and new models. This amount will be funded in full from the cash flow generated by the Chinese joint ventures. billion (US$14.5
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.
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. This cooperation is one of the steps for NEVS to become a front-runner in the automotive industry, with focus on electric vehicles.
The outbreak of COVID-19 has already impacted the automotive industry significantly, according to JATO Dynamics, a leading provider of global automotive data and insight. The industry is being impacted largely by the uncertainty for the future, and this issue started to arise even before the pandemic took hold.
Reuters , citing people reportedly familiar with the matter, noted that thanks to the Baidu deal, Tesla would be able to use the Chinese tech giant’s mapping license for data collection on China’s public roads. We are honored to participate in the rapid development of China’s new energy vehicle industry.
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.
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.
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. The price war has had a big impact on the auto industry, and NIO will not follow suit. Photo taken by CnEVPost.) percent from a year earlier and up 14.3 percent from February.
million barrels per day (b/d), according to a just-released Platts analysis of Chinese government data. The latest analysis is based on a new methodology introduced from July in response to significant shifts in Chinese consumption and trade patterns in recent years. China’s apparent oil demand rose 4.1% year over year to 3.63
As per observations from industry watchers, the Giga Shanghai-made Tesla Model Y has made it into a local government vehicle procurement catalog in China. Industry watchers have noted that it is rare for a Tesla vehicle to be included in a government procurement catalog.
Price war has been the most talked about topic in China's auto industry this month, and the imminent implementation of a new emissions standard is seen as a major factor. At the same time, some car companies made it clear that they would not participate in the price war, trying to dispel the wait-and-see sentiment of potential consumers.
The collaboration between us isset to deliver innovations that drive the global technological progress in the new energy automobile area and the industrialization of lightweighting technologies. He expressed his hope that the cooperation between BAIC BJEV and TUD will establish benchmarks for the industry.
The deputy director of one of the Chinese government’s top think tanks has called for automakers to shift their focus to environmentally friendly and energy saving targets. Tags: Green cars Latest news China China Association of AutomobileManufacturers China auto industry China energy saving.
Tesla has significantly reduced production of its Model Y electric car at its Shanghai factory in recent months, as per industry data and a source reportedly familiar with the matter. Data from the China Association of AutomobileManufacturers (CAAM) seems to corroborate the production cuts.
Automobile sales alone in China posted a 13% year-over-year gain for April 2013, according to the China Association of AutomobileManufacturers. —Jin Zhefeng, senior manager of the Shanghai Automotive Industry Corporation (SAIC) Technology Center.
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.
percent from January, according to data released today by the China Association of AutomobileManufacturers (CAAM). China saw new energy vehicle (NEV) sales of 525,000 units in February, up 55.9 percent year-on-year and up 28.7 This year, that holiday was January 21-27.
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.
When “replacing oil with electricity” has become a trend, the transportation industry has maintained the era of fuel oil for hundreds of years, but it is also undergoing subversive changes. Behind the popularity of charging piles in the oil circle, the transportation industry is undergoing a major change unseen in a century.
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.
Judging from the customs data for the first eight months of this year, the contribution rate of my country’s new energy vehicle exports to the growth of automobile exports reached 26.7%, becoming a new bright spot in the foreign trade of the automobileindustry. Demand for charging piles soars. of the total export volume.
year-on-year, marking a sharp slowdown from a near doubling in sales for all of last year, after the expiration of national subsidies for NEV purchases at the end of 2022, according to the latest data from China Association of AutomobileManufactures. That was up just 20.8%
A report in the People’s Daily quotes Chen Bin, director of the Department of Industry under the NDRC, as stating that Chinese car manufacturers were originally expected to produce and sell more than eight million units of vehicles in the first eight months of the year.
BYD sold 98% of its hybrid cars at home last year, and eight of the 10 top-selling plug-in hybrid cars in China, according to data from the China Association of AutomobileManufacturers. No cases of battery leakages from BYD cars have been reported by the automaker or Chinese regulators to the public. billion yuan ($1.45
What does this mean for Europe’s automotive industry and what comes next? This will appear alongside the definitive findings of the EU’s investigation into the Chinese subsidisation of the BEV value chain. 01 October 2024 EU member states voted in favour of imposing tariffs on battery-electric vehicles (BEVs) made in China.
A focus on tailpipe CO2 emissions has distracted away from the impact of car production, suggests Professor Frank Figge who co-authored the ‘Sustainable Value in AutomobileManufacturing’ study. Asian carmakers are still outperforming their Euorpean and American counterparts in environmental sustainability, a new report finds.
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