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AERO concept vehicle, a fully-electric limousine planned for the Chineseautomobile market. AERO concept is expected to go on sale in the Chineseautomobile market in the second half of 2023. AERO concept for the European and North American automobile markets will then start at the Volkswagen plant in Emden.
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., — signed a joint venture agreement for the establishment of United Fuel Cell System R&D (Beijing) Co.,
Fiat Group Automobiles S.p.A., Chrysler Group International LLC and Guangzhou Automobile Group Co., GAC Group) have reached an agreement to expand the joint venture partnership. The expansion of the cooperation and the related projects have already been approved by the relevant government authorities.
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. in Xi’an, China to deploy autonomous trucks for an upcoming project in one of the biggest ports in China.
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.
Designers and engineers initially created the Audi urbansphere for use in traffic-dense Chinese megacities, although the concept is also suitable for any other metropolitan center in the world. —Markus Duesmann, Chairman of the Board Management at AUDI AG and responsible for the Chinese market. Drive system and charging.
The state-owned Chinese vehicle maker Ankai Automobile Co. Ankai is China’s third-largest bus company; it has partnered since 1993 with Daimler Buses, producing Setra brand buses under license for the Chinese market. Global Atlanta. is developing a plug-in hybrid electric bus for the US market.
Swedish Automobile N.V. Swan) announced that Saab Automobile AB and its subsidiaries Saab Automobile Powertrain AB and Saab Automobile Tools AB (collectively Saab Automobile) filed for voluntary reorganization today with the District Court in Vänersborg, Sweden.
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.
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.
Spyker) announced that it and Saab Automobile AB have signed a Memorandum of Understanding (MoU) with Pang Da Automobile Trade Co., Ltd (Pang Da), China’s largest publicly traded automobile distributor with more than 1100 dealerships nationwide. Pang Da shall make a €30 million (US$42.4
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. Click to enlarge. Qoros Auto Co. GAC Group ranks No.
and Saab Automobile AB (Saab Automobile) have signed an agreement with Hawtai Motor Group Company Limited (Hawtai). We expect that Saab’s unique brand values based on its aviation heritage, Scandinavian origins and innovation-driven character will do very well in the Chinese market. Spyker Cars N.V.
The authors note that other leading manufacturers including Porsche, KIA or Chinese manufacturers are still not producing sufficient sustainability performance data.). Economic crisis, energy crisis, climate crisis and recent global developments have affected the automobile industry like few other sectors. Click to enlarge.
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. The planned joint venture will be based in Beijing and named Toyota SinoHytec Fuel Cell (FCTS).
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 Automobile Manufacturers (CAAM) on Oct. Sales of domestically-manufactured autos rose 36 percent year on year to reach 13.14
Guangzhou Automobile Group Co., Chairman of Guangzhou Automobile Group Zeng Qinghong (left) and Toyota President Akio Toyoda (right). and Toyota Motor Corporation signed a Strategic Cooperation Framework Agreement to deepen their partnership in the fields of electrification and intelligent networking.
XPeng unveiled its new G9 flagship smart SUV at the 19th Guangzhou International Automobile Exhibition. XPENG currently has the largest supercharging network among all Chinese auto brands, with 550 branded supercharging stations and 1,734 free supercharging stations nationwide in China as of 31 October 2021.
The cars all follow the same route: a 6-kilometer loop from the Shanghai Automobile Exhibition Center to a nearby hotel. While Didi is the first ride-hailing company to roll out a robotaxi service in Shanghai, a few companies launched similar services in other Chinese cities earlier this year.
We are gratified to be participating in the vast growth of the Chinese electric vehicle market and expect to have the first AC Propulsion-powered vehicles on the road in China in 2011. —AC Propulsion CEO Tom Gage.
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. GAC Components mainly manufactures automobile interior parts, electric components, etc.
a division of the Chinese conglomerate Wanxiang Group Corporation, have received approval from the Chinese government for their joint venture to co-manufacture lithium-ion energy storage systems for the China market. Ener1, Inc. and Wanxiang Electric Vehicle Co., The new company—Zhejiang Wanxiang Ener1 Power System Co.,
The Chinese name of Zeeker has been confirmed as Ji Ke. The initial market strategy for Zeekr will be focused on the Chinese market as part of Geely but will also explore export opportunities to satisfy global market demand for premium electric vehicles. Governance structure.
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.
Mustang Mach-E will offer Chinese customers a smart cockpit equipped with Ford’s latest driver-assist technologies and infotainment system with advanced firmware over-the-air (FOTA) updates. 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.
Volkswagen AG and Anhui Jianghuai Automobile Co., We believe this cooperation would not only benefit our two organizations, but would also be of great value to our customers, a sound environment and the Chinese society in general. —An Jin, Chairman of the Anhui Jianghuai Automobile Co., Anhui Jianghuai Automobile Co.,
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.).
EV sales are expected to reach 25% of the Chinese market by 2030. Chinese ICE passenger car market. With Renault support in terms of quality and technologies, JMEV will cover 45% of Chinese EV market in 2022 with 4 core models. Ltd (eGT) and Jiangxi Jiangling Group Electric Vehicle Co. JMEV was created in 2015. LCV market.
China’s Zhejiang Geely Holding Group (ZGH) has raised $400 million through the first Green Bond sale on the offshore market from a Chineseautomobile company to support the design, development and production of range-extended electric vehicles by its UK subsidiary, the LondonTaxi Company (LTC), manufacturer of the iconic London Black Cab.
At the 10 th China (Guangzhou) International Automobile Exhibition, Honda announced it was introducing the Insight and the Fit Hybrid to the China market, in addition to the CR-Z, which was launched in July. Honda also announced its plans to further expand its lineup of hybrid models in China.
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.
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
At Auto Shanghai, Chinese battery giant CATL launched what it calls a “condensed battery”—a type of semi-solid state cell with an energy density of up to 500 Wh/kg. These will now be used by Chery Automobile, as announced at the exhibition.
Venti Technologies has successfully deployed two autonomous SUVs built by SAIC-GM-Wuling Automobile (SGMW), the joint venture formed by Chinese automakers SAIC and Wuling, along with GM, achieving another milestone in its path to commercialization.
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.
SK had signed a letter of intent for the joint venture with its Chinese partners in April. In addition, Beijing Electric Works will be responsible for manufacturing battery packs and Beijing Automobile Works is planning to lead the development of electric automobiles. million cars in 2012.
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
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.
Although the traction motor system will be launched in the Chinese market first, Nidec plans to make the product available to European automobile manufacturers as well in the near future. Mass production will start in 2019 in Nidec’s new dedicated 66,000 m 2 factory in the Pinghu Economic Development Zone near Shanghai.
to 193,871 automobiles, achieving new record results. 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. Audi increased its unit sales in China and Hong Kong in the first half of the year by 37.8% In June, the company increased its unit sales by 20.4%
This new facility will bring us nearer to our Chinese customers and also improve the quality of our supply chain. The Changsha plant is the first production facility of the Shanghai-Volkswagen joint venture to receive the “Triple-Star Green Building Design Award“, the highest state award for environmentally compatible factory design.
As part of its development strategy in high-growth countries, and particularly China, Valeo has acquired an 80% shareholding in the company Ruby (a lighting specialist) from Chery Technology, a subsidiary of Chinese automaker Chery Automobile. The Chinese automaker Chery Automobile, created in 1997, is based at Wuhu in Anhui province.
The Volkswagen Group, through its two Chinese joint ventures, will be investing more than €9.8 And I am confident that the world’s best automaker must take the lead in terms of green mobility, too. The seven new plants will set new standards for sustainable automobile production. Dr. Martin Winterkorn.
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