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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., FCRD is a company that holds tremendous significance for Toyota's global FC strategies. GAC Group); Beijing Automotive Group Co., BAIC Group); and Beijing SinoHytec Co.,

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Global study shows uneven urbanization among large cities in the last two decades

Green Car Congress

According to the latest report from the United Nations (UN), the global population in 2018 was 7.6 By 2050, the global population is expected to soar to 9.7 The world has experienced significant urbanization in recent decades. billion and the urban population was 4.2 billion, with 68% of the population living in urban areas.

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Li-ion battery-maker Farasis Energy raises $1B+ to accelerate global automotive battery manufacturing expansion

Green Car Congress

Farasis Energy, a global developer and manufacturer of lithium-ion cells, modules and large battery systems, recently completed C-round financing exceeding 1 Billion US dollars. The compay will use the capital raised to accelerate the expansion of its global automotive battery manufacturing infrastructure.

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VinFast launches its cheapest VF3 EV overseas to take on low-cost Chinese EV makers

Electrek

A new low-cost electric car is rolling out to global markets, and it’s not from China. Vietnam’s VinFast officially launched its most affordable EV, the VF 3 , overseas as it expands its presence in the Philippines.

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Ford CEO says new mid-size electric pickup will match the cost of Chinese EVs like BYD

Electrek

With new low-cost Chinese flooding global markets, Ford CEO Jim Farley vows its new mid-size electric pickup is a “game changer.” Ford’s leader took a jab at BYD, vowing the company’s new electric pickup will match the costs of Chinese automakers building in Mexico.

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BYD to Supply Li-ion Batteries to a Major Chinese Automaker

Green Car Congress

In an interview with GCC at the Plug-in 2009 conference last week, Mike Tinskey, global manager of Ford’s sustainability activities focused on electric vehicles, said that Ford is concerned about BYD. “ [They] could take advantage of low-cost. global threat. ”. They are a real threat.a

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Hyundai Motor partners with regional firms to establish H2 fuel cell commercial vehicle ecosystem in China

Green Car Congress

The government also is building infrastructure for supplying low-cost, high efficiency by-product hydrogen. Hyundai is cooperating closely with its Chinese partners in line with the Chinese government’s fuel cell roadmap, which aims to have 1 million fuel cell electric vehicles by 2030.

Hyundai 356