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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.,
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.
Fiat Group Automobiles S.p.A., Chrysler Group International LLC and Guangzhou Automobile Group Co., To reach the necessary capacity for introducing the Jeep models, GAC Fiat is establishing a manufacturing branch in Guangzhou, where the Jeep vehicles will be produced. Production is expected to begin by late 2015.
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.
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. better known as Shacman Trucks outside China, is one of the largest truck manufacturers in China.
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.
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.
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.
Fiat Group Automobiles S.p.A., and Guangzhou Automobile Group Co., GAC Group) have signed a Framework Agreement to expand their cooperation on passenger car manufacturing and sales in China. GAC Fiat Automobiles Co., GAC Fiat ), incorporated on March 9, 2010, is jointly invested by Guangzhou Automobile Group Co.,
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. GAC Group ranks No. 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).
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.).
Leading motor manufacturer Nidec Corporation will form a joint venture with GAC Components Co., a member of China-based Guangzhou Automobile Group Co., to manufacture automotive traction motors. GAC Components mainly manufacturesautomobile interior parts, electric components, etc. Nidec in-wheel motor.
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.
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., Ltd (SAIG) to manufacture inner-city electric buses. Sichuan Automobile Industry Co.
This capital will be used to bring Protean’s electric drive technology to production by establishing manufacturing facilities in Liyang. The city of Liyang is partnering to provide prototype manufacturing support, with favorable industrial policy. This marks Protean Electric’s entry into China, the world's largest automobile market.
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.
CBAK Energy Technology, a lithium-ion battery manufacturer and electric energy solution provider, signed a three-year strategic agreement with Anhui Jianghuai Motors Group Co., JAC Motors is a Chinese state-owned automobile and commercial vehicle manufacturer. Ltd for joint product development.
SK Innovation reportedly said the joint venture will grow into the biggest EV battery manufacturer in China by generating annual sales of more than US$175 million. SK had signed a letter of intent for the joint venture with its Chinese partners in April. million cars in 2012.
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.
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.
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. The Chinese plant in Dadong also began producing the BMW iX3 this year. Rendering of the new assembly hall.
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.,
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.
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.
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.
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., —Robin Li, Co-founder and CEO of Baidu.
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.
joint venture between Chery Automobile Co., and Israel Corporation and headquartered in Shanghai ( earlier post ), has awarded AAM (American Axle & Manufacturing, Inc.) This vehicle will be produced in China for both the Chinese and European automotive markets. Qoros Auto Co.,
The Guangzhou accord calls for the municipal government to encourage local car manufacturers, such as Guangzhou Automobile Industry Group, to produce electric cars with switchable batteries. — Better Place Founder and CEO Shai Agassi.
BYD was founded in 1995 as a battery business and has grown into a total energy solution company, manufacturing not only electrified vehicles but other products such as large-size energy storage cells. We hope to further advance and expand both BYD and Toyota from the efforts of the new company with BYD.
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.
FHI), the manufacturer of Subaru automobiles, will debut its EyeSight driver assist technology in China. EyeSight’s launch on the Chinese market, following on from its introduction to the Japanese, Australian, North American and European markets, enables FHI to extend EyeSight’s deployment across markets globally.
China is pushing toward an all-electric vehicle future, and officials predict that a complete ban on gas-powered automobiles will happen by 2040. Chinese consumers are already adopting EVs in large numbers and are on track to purchase more than one million by the end of 2018.
GKN Driveline’s Chinese Joint Venture partner SDS has commenced production of its complete all-wheel drive (AWD) Disconnect system for small- to medium-sized vehicles in China. The system will initially feature on the Jeep Renegade built for the Chinese market by GAC Fiat Chrysler Automobiles Co.,
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.
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.
After 20 years of cooperation, the Volkswagen Group and its Chinese joint venture partner First Automotive Works (FAW) are extending their present partnership for a further 25 years—i.e., The Volkswagen Group is one of the most successful companies in the Chineseautomobile industry. China Vehicle Manufacturers'
They will be launched in the Chinese market in 2024 as two models out of the ten BEV models that Toyota plans to release by 2026. BTET), a joint venture established by Toyota and BYD—; FAW Toyota Motor; and Toyota Motor Engineering & Manufacturing (China). It is planned to be produced and sold by FAW Toyota Motor.
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).
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
a manufacturer and marketer of diesel engines jointly established by Mitsubishi Heavy Industries, Ltd. 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.,
a joint venture to manufacture and sell light commercial vehicles (LCV), signed a Strategic Cooperation agreement with Chinese officials from Liaoning Province to further accelerate growth of LCVs in China. The Chinese LCV market forecast is for 3 million units per year, growing and moving rapidly.
Fiat Chrysler Automobiles N.V. Foxconn ) regarding the potential creation of an equal joint venture to develop and manufacture in China new generation battery electric vehicles and engage in the IoV (Internet of Vehicles) business. Foxconn is one of Apple’s key manufacturing partners. Founded in 1974, Foxconn achieved NT$5.2
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