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
The top 10 global producers of Li-ion batteries for electric vehicles are all Asian companies, according to an analysis posted on the Visual Capitalist. Chinesecompanies make up 56% of the EV battery market, followed by Korean companies (26%) and Japanese manufacturers (10%).
According to the Afghanistan Ministry of Mines and Petroleum, China-based Gochin Companycompany seeks to invest US$10 billion in Afghanistan’s lithium mining sector.
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.,
The Government of Canada has ordered the divestiture of the following investments by three Chinesecompanies in Canadian critical mineral companies: Sinomine (Hong Kong) Rare Metals Resources Co., Power Metals Corp is a Canadaian mining company exploring and developing cesium, lithium and tantalum assets in Canada.
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. Zeekr aims to deliver a new electric vehicle to market each year in the coming five years.
Specialty chemicals company Evonik has invested in battery specialist SuperC. The Chinesecompany is a provider of graphene materials that improve the range, robustness, charging speed, and service life of lithium-ion batteries. The company’s materials are already used in products from leading Chinese battery manufacturers.
Geely recently launched its Methanol Hybrid Emgrand ( earlier post ) in the Chinesemarket. The methanol hybrid is based on Geely’s fourth-generation B-segment Modular Architecture (BMA) Emgrand sedan. Geely also offers a non-hybrid methanol-fueled version of the Emgrand. The hybrid houses a 1.8L
The acquisitions will provide Northern with 40-50,000 tonnes per year (tpy) of graphite production capacity in Québec and Namibia, which will make it the third-largest non-Chinese natural graphite producing company. the company paid Imerys approximately CDN$17.8 million in cash and issued to Imerys US$4 million worth of units.
Roskill reports that prices for Chinese graphite continue to rise as producers contend with increasing electricity costs and supply disruption caused by limits on energy consumption. Chinese graphite prices are now the highest they’ve been for many years.
The Manono Project is owned by AVZ (60%), La Congolaise d’Exploitation Minière SA (30%) (Cominiere, a State-owned enterprise) and Dathomir Mining Resources SARL (10%) (Dathomir, a privately owned company). AVZ is responsible for funding expenditure to completion of a feasibility study and a decision to mine.
Lithium carbonate’s premium over lithium hydroxide in the Chinese domestic market, seen in the first quarter of 2021, is beginning to narrow, as shifting cathode chemistry demand continues to support hydroxide prices in China while carbonate gains soften amid limited spot transactions, according to Benchmark Mineral Intelligence.
The Government of Canada has ordered three Chinesecompanies to divest from three Canadian critical mineral companies: Power Metals, Lithium Chile, and Ultra Lithium. Ultra Lithium has now issued a statement noting that the company has been advised that Zangge Mining Investment (Chengdu) Co. 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.
READ MORE: Omoda and Jaecoo the latest new Chinese brands to take on BYD and GWM READ MORE: IM Motors locked in for Australian arrival as MG’s luxury arm READ MORE: Hating on Chinese EVs? It’s fabulous, but will anyone buy a $135,000 Chinese MPV? In 2025, EV growth has cooled just as the market is flooded.
executed a Letter of Intent (LOI) with its Japanese offtake partner and a leading Chinese processor of graphite anode material to collaborate on the construction of a value-add, battery anode plant in a jurisdiction that is proximal to the Company’s Molo graphite project in Madagascar. Canada-based NextSource Materials Inc.
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.
The round was led by Chinese VC Fosun RZ capital, with additional funds provided by JAL ventures, previous investor Entrée Capital, Tal Capital, Union Tech Ventures, Cendana Capital and Allied Group subsidiary Champion Motors, the Israeli direct importer and distributor of Volkswagen Group.
The resulting company will have a A$4-billion (US$3.1-billion) billion) market capitalization, making it the fifth-largest by capitalization. Company management anticipates robust demand for lithium in the mid-long term. Chinese spot lithium carbonate prices have jumped 90% between December 2020 and end March 2021.
Jiangnan Shipyard, owned by China State Shipbuilding Corp (CSSC), has ordered an LPG (liquefied propane gas)-burning MAN B&W 6G60ME-LGIP engine in connection with the building of an 86,000-m 3 VLGC (Very Large Gas Carrier) for Tianjin Southwest Maritime (TSM), the Chinese shipping company. LGIP engine. HFO-burning engines to 6G60ME-C9.5-LGIP
Audi FAW NEV Company Ltd.—the —the first cooperation company with a majority interest held by Audi in China—is set too begin construction on its new EV plant in Changchun, following approval by the Chinese authorities.
In 2020, Volkswagen Group China launched a Vertical Mobility project to explore the next generation of mobility solutions, including the urban air mobility market and the extension of urban traffic into airspace. After intensive research, conceptual work, and development, the project team has now developed its first validation model:the V.MO.
Benchmark Mineral Intelligence has elevated Chinese lithium-ion battery cell and automaker BYD to Benchmark’s top tier EV battery cell manufacturer status joining CATL, Envision AESC, LG Energy Solution, Panasonic, Samsung, and SK Innovation as tier one cell manufacturers. Supplier to domestic Chinese EV market.
China’s Tsingshan , the world’s largest producer of stainless steel, will invest $375 million to build a lithium plant in Argentina with French multinational mining and metallurgy company Eramet. The two companies have partnered before, with the Weda Bay Nickel project in Indonesia.
In a new report, “ Battery Swapping for Electric Vehicles 2022-2032: Technology, Players and Forecasts ”, market research firm IDTechEx concludes that battery-swapping technology currently appears to be a winner in the two- and three-wheeler markets of the Asia-Pacific regions.
Although Roskill expects that demand fell in 2020 as a result of the disruptions of the pandemic, the company is forecasting a strong reovery in demand in 2021, increasing by 10% y-on-y. China supplied roughly 85% of global total refined rare earth production in 2020, though for Dy alone, this increases to around 95% of global production.
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., Earlier post.).
The partnership will further allow both parties to benefit from a global manufacturing presence and service networks to support customers in local markets. Together, the companies will further define product portfolio scope, manufacturing locations and supporting resources to be provided by each party.
Total visible copper stocks (LME + COMEX + SHFE + Chinese bonded warehouses) amounted to just 560kt at the end of January, noted critical materials supply chain intelligence company Roskill—only 11kt more than the lowest recent stock level of 549kt in December 2019.
Shanghai Metals Market data pointed to a supply deficit of 1,361 tonnes in July, swinging from the supply surplus in the prior month as the re-opening of the Chinese economy and cash subsidies for new energy vehicles lifted car manufacturer’s demand. Source: Trading Economics. Earlier post.). Earlier post.). Source: Trading Economics.
Stella Li, executive vice president of Chinas leading electric vehicle maker BYD, noted that the Chinese automaker is willing to work with Tesla to battle combustion-powered cars. She also stated that Beijing is more open to sharing innovations with foreign companies, even if there are rising trade tensions in Europe and the United States.
I’ll break it down by region and also discuss individual companies. continued] The post China & US Auto Market — Chinese Auto Disrupting Everyone Else appeared first on CleanTechnica. In this article, I’m analyzing at a high level what is happening to the auto industry across propulsion types.
Chinese car companies are having success in Mexico. How long will it be before they enter the US new car market? The post Chinese EV Companies Are Getting A Warm Welcome In Mexico appeared first on CleanTechnica.
The two companies will also discuss the development of an efficient production system to ensure stable supply capacity for jointly developed batteries. The companies are also considering the joint establishment of a secure supply structure geared toward future global business opportunities. Nissan Motor Co., Earlier post.).
The new TTTech Auto branch in Shanghai will bring its expertise and the series proven safe vehicle software platform, MotionWise , to car manufacturers, Tier 1 suppliers and partners to the rapidly developing Chinese automotive market. Software has become a key competitive advantage for automotive companies around the world.
F) Arctic conditions in the frigid northern Chinese province of Heilongjiang. With methanol fuel price at Chinese pumps around 3RMB/L (€0.42/L In the future, Geely Holding methanol vehicles will undergo EU certification and be promoted to other European markets in support of accelerating the goal of reaching carbon neutrality.
Hyundai Motor Company is spearheading the development of a hydrogen fuel cell commercial vehicle ecosystem in China with regional partners. The company is committed to becoming a FCEV solution provider by creating a business cluster across the entire hydrogen ecosystem in China. Shanghai Sunwise New Energy System Co.,
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. 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.
However, the study reveals there has been an increase in interest in the US and Chinesemarkets. Increasing future sales for BEVs will rely on companies improving awareness of their product. Companies should focus on what truly matters to potential buyers and present that information in a consumer-friendly manner.
A new partnership between the Volkswgen Group’s software company CARIAD and Horizon Robotics , one of the leading providers of computing solutions for smart vehicles in China, will accelerate the regional development of Advanced Driver Assistance System (ADAS) and Autonomous Driving (AD) systems for the Chinesemarket.
Both the new R&D center in Beijing and the Audi FAW NEV Company in Changchun clearly prove the progress in transforming Audi’s business in China. With both projects, we are addressing the market-defining trends in the Chinese auto market, namely: electrification, digitalization, and sustainability.
How Electrifying Transport and Chinese Investment are Playing Out in Indonesia —focuses on nickel as a critical mineral, but has implications for the broader minerals and materials supply chains needed for broad-scale energy transition. Global Nickel Trade and Chinese Dominance. The detailed report— Need Nickel?
Particularly when it comes to commercial vehicles, and above all when heavy loads have to be transported over long distances, the diesel engine will remain the preferred choice for the foreseeable future, the two companies said. Bosch and Weichai launched their joint development project in September 2018.
The Volkswagen Group is strengthening its position on the Chinese automotive market with cooperations between the VW brand and XPENG and between Audi and SAIC. The initial stage of the cooperation will provide for the joint development of two VW-brand electric models for the mid-size segment in the Chinesemarket.
Xpeng Inc, a Chinese smart electric vehicle company, announced its vehicle delivery results for December 2020, the fourth quarter and year-ended December 31, 2020. The company’s December deliveries represent a 326% increase year-over-year and a 35% increase from November. In the fourth quarter 2020, 8,527 P7s were delivered.
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