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Toyota, 5 Chinese companies establish R&D JV for commercial vehicle fuel cell systems in China

Green Car Congress

Toyota Motor and five Chinese OEMs—China FAW Corporation Limited (FAW); Dongfeng Motor Corporation (DFM); Guangzhou Automobile Group Co., GAC Group); Beijing Automotive Group Co., BAIC Group); and Beijing SinoHytec Co., SinoHytec’s YHTG80 80 kW fuel cell system.

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Stellantis & Leapmotor joint venture gets approval from Chinese regulator

Teslarati

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.

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Toyota and Beijing SinoHytec form JV to produce and sell FCRD fuel cell systems for commercial vehicles

Green Car Congress

Last year, Toyota Motor and five Chinese OEMs—China FAW Corporation Limited (FAW); Dongfeng Motor Corporation (DFM); Guangzhou Automobile Group Co., Plans are to launch this system into the Chinese market this year. GAC Group); Beijing Automotive Group Co.,

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Nidec to form electric traction motor JV with a subsidiary of Guangzhou Automobile Group

Green Car Congress

Leading motor manufacturer Nidec Corporation will form a joint venture with GAC Components Co., a member of China-based Guangzhou Automobile Group Co., GAC Components is a subsidiary of major Chinese car manufacturer Guangzhou Automobile Group with the sixth-largest market share in the increasingly environmentally strict China.

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China exports way more automobiles to Russia than anyplace else

Baua Electric

Chinese language automakers exported extra automobiles wholesale to Russia than anyplace else within the first 5 months of this hour, filling a void left by means of international producers exiting the marketplace as a result of the invasion of Ukraine. China exported about 162,000 automobiles to Russia in all of 2022.

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GAC and Toyota sign strategic cooperation framework agreement to deepen partnership in electrification and intelligent networking

Green Car Congress

Guangzhou Automobile Group Co., and Toyota Motor Corporation signed a Strategic Cooperation Framework Agreement to deepen their partnership in the fields of electrification and intelligent networking. Chairman of Guangzhou Automobile Group Zeng Qinghong (left) and Toyota President Akio Toyoda (right).

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AlixPartners outlook warns of Chinese language EV pageant, ‘ICE melting’

Baua Electric

Chinese language manufacturers will most probably outsell international manufacturers in that nation in 2023 for the primary past in fresh historical past. of the Chinese language passenger automobile marketplace through 2030. of the Chinese language passenger automobile marketplace through 2030.

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