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Sustainable Value Margin—the ratio of Sustainable Value to sales—for each of the evaluated manufacturers. 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. Click to enlarge. Click to enlarge.
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.
He also said that auto manufacturers should strengthen their safety and quality control standards. Sales of domestically-manufactured autos rose 36 percent year on year to reach 13.14 Sales of domestically-manufactured autos rose 36 percent year on year to reach 13.14
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.
Although the traction motor system will be launched in the Chinese market first, Nidec plans to make the product available to European automobilemanufacturers as well in the near future. Nidec started out as a manufacturer of small electric motors for appliances and other machines in 1973 in Kyoto, Japan.
General Motors inaugurated its new flexi-engine facility in Talegaon, GM’s first powertrain plant that enables gasoline and diesel engines to be manufactured simultaneously. The new engine plant will begin by producing engines for small passenger cars manufactured by GM in India. The facility represents investment of $230 million.
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.
BYD thus becomes the first Chineseautomobilemanufacturer to own the intelligent vehicle body control technology throughout. BYD has released the BYD DiSus Intelligent Body Control System (DiSus System). The full stack self-developed BYD DiSus System is exclusively designed for new energy vehicles (NEVs).
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 People’s Daily. million units in July, up 63.57
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. Click to enlarge. The company ranked 5 th among all brands in J.D.
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. Sales of domestic sedans hit 2.22
SAIC Motor Corporation Limited and Infineon Technologies AG established a joint venture to manufacture power modules for the developing electric vehicle market in China. The JV is headquartered in Shanghai; its new manufacturing facility resides in Infineon’s site expansion in Wuxi. million units in 2020 and 4.3
According to figures released by the China Association of AutomobileManufacturers (CAAM), in the first eleven months of 2012 Chinese self-developed brands exported 470,000 passenger vehicles in total—with automotive manufacturers on average showing a 30% sales increase over 2011 figures.
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. Borgward plans to create an SKD manufacturing facility with a production capacity of up to 10,000 vehicles per year.
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.
To this end, the BMW Group has signed a letter of intent (LoI) with the Chinesemanufacturer Great Wall Motor. In addition to its two automobile production locations, BBA already runs an engine plant, which includes a battery factory for electrified BMW brand vehicles produced locally in Shenyang.
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 Chinese company.
In a bid to accelerate the elimination of high-emissions and polluting vehicles and stimulate automobile consumption, the government rolled out the “old car for new” subsidy last June—encouraging people to replace their old cars. China Association of AutomobileManufacturers (CAAM) said that Chinese auto sales rose 47.67% year on year to 9.02
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. Jonway’s volume manufacturing capacity gives ZAP a strong manufacturing base with the means of commercializing its innovative EV technologies. million in cash.
The new version of the WORK L will also serve as the basis for electric light commercial vehicles for the Chinese market. These trucks will be modified to meet the regional requirements of target customers in China.
The production and sales of plug-in vehicles in China boomed last year, according to statistics from CAAM (China Association of AutomobileManufacturers). CAAM also reported that while in 2014, the sales of Chinese brand passenger cars increased by 4.1% Total production reached 78,499 units, 3.5 times the number in 2013.
a wholly-owned Honda subsidiary in China, plans to stage the world premiere of an all-new concept model as well as other new Honda models at Auto Shanghai 2015 (The 16th International Automobile & Manufacturing Technology Exhibition, press days: April 20-21, 2015, public days: April 22-29, 2015). and Dongfeng Honda Automobile Co.,
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.
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. Tags: Engines Hybrids Market Background Motors Vehicle Manufacturers. These companies will invest a total of €10.6
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.
US-based electric vehicle provider ZAP and China auto manufacturer Zhejiang Jonway Automobile Co. Jonway currently manufactures several thousand units per month of its A380 compact SUV in 3- and 5-door models and is expanding its product line with new model sedans and other automobiles. The Jonway A380. Click to enlarge.
(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. Renault, Dongfeng and Nissan (China) Investment Co., respectively.
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.
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).
Chinese biggest EV maker BYD released the BYD DiSus Intelligent Body Control System (DiSus System) through its technology launch event held in its headquarters at Shenzhen.
to provide fuel cell power products and technology solutions to support the planned deployment of an initial 33 fuel cell-powered buses in two Chinese cities. Ballard and Zehe are collaborating with electric bus manufacturer Jiangsu GreenWheel New Energy Electric Vehicle Co. and Guangdong Synergy Hydrogen Power Technology Co.,
Dongfeng Motor Corporation (DFM) is the third biggest Chinese state-owned automobilemanufacturer headquartered in Wuhan, Hubei Province. Dongfeng has formed several strategic long term partnerships with other international major car manufacturers including AB Volvo and as a 14% shareholder of PSA.
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. Tesla welcomed about 8,000 workers back to Giga Shanghai by April 19 after subsequent lockdowns due to Covid outbreaks.
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. topics and tailor them to the Chinese market.
DFAC), which is part of Dongfeng Motor Corporation, a Chinese state-owned automobilemanufacturer headquartered in Wuhan. Dongfeng Motor Corporation is the largest manufacturer of commercial vehicles in China. Synergy will collaborate with Dongfeng Xiangyangtouring Car Co.,
The British premium automobilemanufacturer MINI is realigning its model range, with a focus on drivetrain technologies, vehicle segments and services of the future. Cooperation with the Chinese partner will be based on a clearly defined principle: Production follows the market.
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.
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. Interestingly enough, executives from CATL were also spotted visiting the hotel where Musk was staying.
MG (owned by the Chinese SAIC) was the only group to post an increase in registrations, with its volume jumping from 1,327 to 2,592 units. The lowest decrease in registrations was recorded by midsize cars (D segment) and this can be explained by positive results reported by Tesla Model 3, which was Europe’s second-best-selling car in March.
Xiaomi and Tesla China may have become direct rivals since the launch of the Xiaomi SU7 , a challenger to the Tesla Model 3, but the Chinese tech giant’s executives are still supportive of the American EV maker’s innovations. Don’t hesitate to contact us with news tips. Just send a message to simon@teslarati.com to give us a heads up.
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. Chinese central Bank stimulus programs have amounted to nothing and the consumer is flat demoralized and tapped out. @John Hanna In reply to John Hanna.
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 1.08
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