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
Toyota Motor and five Chinese OEMs—China FAW Corporation Limited (FAW); Dongfeng Motor Corporation (DFM); Guangzhou Automobile Group Co., Each company will invest in the joint venture. FCRD is a company that holds tremendous significance for Toyota's global FC strategies. GAC Group); Beijing Automotive Group Co.,
National Electric Vehicle Sweden AB (NEVS)—an international consortium formed by Chinese, Japanese and Swedish stakeholders—and the Receivers of the Saab Automobile bankruptcy estate ( earlier post) signed a purchase agreement covering the main assets of Saab Automobile AB, Saab Automobile Powertrain AB and Saab Automobile Tools AB.
Geely Auto Group (Geely Auto) officially announced the widely reported formation of Zeekr—a new electric mobility technology and solutions company based in China that will serve growing global demand for premium electric vehicles. The Chinese name of Zeeker has been confirmed as Ji Ke. Governance structure.
The Nikkei reports that Toyota plans to develop hybrid vehicles with two Chinese automakers; Toyota made the announcement at the Guangzhou International Automobile Exhibition. Although Toyota’s Chinese joint ventures assemble hybrids, the company so far has brought in key components such as batteries and motors from Japan.
Innoviz Technologies, a leading provider of high-performance, solid-state lidar sensors and perception software, announced cooperation with Shaanxi Heavy Duty Automobile Co. Shaanxi Heavy Duty Automobile Co. The company is also one of the leaders in China in the field of autonomous driving research and development.
National Electric Vehicle Sweden AB (NEVS), an international consortium formed by Swedish and Chinese stakeholders, finalized its acquisition of the main assets of Saab Automobile AB, Saab Automobile Powertrain AB and Saab Automobile Tools AB, effective 31 August 2012. Earlier post.).
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 automobile manufacturing by 2015. Specifically, CCID says, aluminum sheets for automobile body will be the most promising sector.
GSR is honored to lead this round of investment in a disruptive technology that we believe has great promise for the Chinese automotive market and potentially building a global EV platform. This marks Protean Electric’s entry into China, the world's largest automobile market. In 2011, China automobile sales exceeded 18.5
BYD Company Ltd. and Toyota Motor Corporation signed an agreement to establish a joint company to research and development for battery-electric vehicles (BEVs). Additionally, BYD and Toyota plan to staff the new company by transferring engineers and the jobs currently involved in related R&D from their respective companies.
Toyota Motor Company and Beijing SinoHytec have established a joint venture company to promote the commercial vehicle fuel cell system industry in China. Last year, Toyota Motor and five Chinese OEMs—China FAW Corporation Limited (FAW); Dongfeng Motor Corporation (DFM); Guangzhou Automobile Group Co.,
Fiat Group Automobiles S.p.A., and Guangzhou Automobile Group Co., After Fiat, the next brand planned to be localized by the GAC Fiat JV will be Chrysler Group’s Jeep brand (production in China for Chinese market only). GAC Fiat Automobiles Co., GAC) and Fiat Group Automobiles S.p.A. billion Yuan (US$289 million).
At least two Chinese automakers are bringing some of their new energy vehicles—hybrid, plug-in hybrid and battery-electric—to two of the major international auto shows in the first quarter of this year. Guangzhou Automobile Group Co., Guangzhou Automobile Group. The company reports fuel consumption of 6.6
billion in the third quarter of 2018, down 6% from the same period last year, according to the latest Clean Energy Investment Trends report from research company Bloomberg NEF (BNEF). We’re seeing more companies raising funds as they look to make the jump from concept cars to high-volume manufacturing. —Colin McKerracher.
The cars all follow the same route: a 6-kilometer loop from the Shanghai Automobile Exhibition Center to a nearby hotel. But the company plans to gradually roll out its on-demand autonomous service over a larger area in Jiading, where Shanghai’s main autonomous driving zone is located. But currently, no company can do this.
a leading China-based Internet platform and AI company, plans to establish a company to produce intelligent electric vehicles (EV), and that it has entered into a strategic partnership with multinational auto manufacturer Zhejiang Geely Holding Group. Baidu, Inc.,
Navigant ranks Jiangsu Xinri E-Vehicle Company as the top e-scooter company. According to a new Leaderboard report from Navigant Research, Jiangsu Xinri E-Vehicle Company is the best positioned company in the global e-scooter market in terms of strategy and execution. Source: Navigant. Click to enlarge.
Chinese consumer electronics company Xiaomi has officially entered the EV market after completing its industrial and commercial registration in China as Xiaomi Automobile Co. In a recent announcement of the new EV entity, Xiaomi Automobile has revealed that it already has a team of nearly 300 employees.
a member of China-based Guangzhou Automobile Group Co., Among all the products in the market, companies’ attention and Nidec’s particular focus are on the traction motor, one of the most important components to replace the existing internal-combustion engine. The company aims to start mass-producing the motor around 2023.
California-based Balqon Corporation, a developer of heavy-duty electric vehicles, drive systems and lithium battery storage devices ( earlier post ), has entered into a Joint Development Agreement with China-based Sichuan Automobile Industry Co., Sichuan Automobile Industry Co. Ltd (SAIG) to manufacture inner-city electric buses.
Volkswagen AG and Anhui Jianghuai Automobile Co., JAC) signed a Memorandum of Understanding (MoU) in Wolfsburg to define the next phase of negotiations between the two companies in order to achieve long-term cooperation in the joint development of all-electric vehicles in China. Anhui Jianghuai Automobile Co.,
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. The super e-car with a driving mileage of more than 500 kilometers is slated to hit the market in 2019. Earlier post.).
JAC Motors is a Chinese state-owned automobile and commercial vehicle manufacturer. Founded in 1964, JAC Motors is among the top four domestic Chinese vehicle brands, has an R&D team of 5,000 people. Ltd for joint product development.
Mitsubishi Chemical Holdings Group (MCHG) will increase the production capacity of natural graphite anode material from 2,000 tons/year to 12,000 tons/year at its Chinese subsidiary Qingdao Anode Kasei and affiliated company Qingdao Lingda Kasei. The production line is scheduled to start operation in the first half of fiscal 2023.
Asian Power reports that South Korea’s SK Innovation Company, Beijing Automotive Industries Holding Co. SK had signed a letter of intent for the joint venture with its Chinese partners in April. Beijing Automobile Works Group is one of four major automobilecompanies in China and it manufactured 1.7
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 Chineseautomobile manufacturer Chery Holding Group (Chery) establishing a joint venture between the two companies.
to 193,871 automobiles, achieving new record results. In June, the company increased its unit sales by 20.4% year-on-year to 33,309 automobiles. At the end of July, the Audi Q3 will debut in the Chinese market as an import vehicle. Sales of imported cars (excluding Hong Kong) grew by 36.2% to 35,062 units.
CSG) signed a strategic agreement calling for the companies to open a battery switch station and joint education center in Guangzhou before the end of the year, while working to formalize a joint-venture partnership. Better Place and China Southern Power Grid Co. CSG is the world’s eighth-largest utility, according to the Fortune Global 500.
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. The company ranked 5 th among all brands in J.D.
a wholly owned subsidiary of Chinese EV maker Kandi Technologies Group, Inc., signed a cooperation framework agreement with Shanghai Maple Guorun Automobile Co., a 99% owned subsidiary of Geely Automobile Holdings Ltd. to establish a joint venture company, named Zhejiang Kandi Electric Vehicles Investment Co, Ltd.
The company is investing €400 million in a new vehicle assembly at the main plant in Munich. The combustion engines with four, six, eight and 12 cylinders produced there will be manufactured at the company’s locations in Steyr in Austria and Hams Hall in the UK going forward.
Ricardo announced that its collaboration with Chery AutomobileCompany Ltd of China was instrumental in the development of the CVT system launched in the new Chery E5 vehicle. Ricardo worked with Chery to develop the associated control strategies for the Chinese automaker’s first CVT product.
Audi and its Chinese partner companies FAW and SAIC are showing four world premieres: the brand-new Audi A6 e-tron concept vehicle and the all-round updated Audi Q5L, in addition to the Audi A7L and an SUV study, still kept beneath a cover, named Audi concept Shanghai.
As manufacturers set to ramp product back up to produce everything from automobiles, airplanes and construction tools, they will begin to return to normal production cycles. has imposed tariffs on more than $360 billion worth of Chinese goods, and China has also retaliated by imposing tariffs on more than $110 billion worth of U.S.
However, generally speaking, the government continued, China has not achieved a breakthrough with new energy automobiles and core components of the key technologies. 2012 Chinese Auto Industry Development Report. Energy-saving and new energy vehicles have become the development direction of the international automobile industry.
Europe, the birthplace of the automobile industry, to North America across the Pacific Ocean, has always been the top stage that Chinese car companies hope to step on. However, the Southeast Asian market at home has recently become a new target for many car companies. What is the mystery behind it?.
In a further extension of Ricard’s collaboration with the Lifan Automobile Group based in Chongqing, China, the company will assist in the development of a new turbocharged gasoline direct injection engine. With work on the project starting in July, the first engines are due for production in late 2014.
WiTricity’s DRIVE 11 system , based on the company’s patented magnetic resonance technology, operates at 11 kW of power and at an efficiency that matches or exceeds most conventional plug-in chargers. Chinese consumers are already adopting EVs in large numbers and are on track to purchase more than one million by the end of 2018.
Results from a study by a team from Carnegie Mellon University, Ford and Drexel University suggest that Chinese consumers are more receptive to adopting battery-electric vehicles (BEVs) than their American counterparts, regardless of subsidies. The study is published in the journal Transportation Research Part A. 2015.01.002.
Audi achieved new record figures in the Chinese market in the first half of the year, increasing unit sales in China including Hong Kong and Macau by 17.8% to 268,666 automobiles. In June, the company for the first time passed the mark of 50,000 deliveries in one month (50,756, up 14.1%
The company says that the cost of a 14V, 6-cell supercapacitor module for stop-start would be around US$60. The downside is the increased number of starts over a Stop-Start vehicle’s life—potentially more than 100 per day—which means a standard car battery may last less than 18 months, the company notes. Source: CAP-XX.
SDEC)—a group company of SAIC Motor—has begun mass-volume production. The S12R-PTA-C will be finished into power generation systems primarily by local generation set makers, to meet industrial and other needs in the Chinese market. Shanghai MHI Engine Co., MHI) and Shanghai Diesel Engine Co.,
We intend to develop the entire country as a company with local roots. This new facility will bring us nearer to our Chinese customers and also improve the quality of our supply chain. Volkswagen has been at home on the Chinese market for more than 20 years and is among the country’s western automobile pioneers.
A Tesla executive managing the Australian and surrounding markets has detailed the company’s plans to move away from rapid pricing changes with the arrival of the new Model Y, especially as electric vehicle (EV) competition from other Chinese automakers arrives in Australia and surrounding markets.
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