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Daimler takes 12% stake in Chinese parter BAIC Motor; first non-Chinese automotive company to acquire an interest in a Chinese OEM

Green Car Congress

This marks the first investment by a non-Chinese automotive company in a Chinese OEM. The official closing of the transaction followed a short time after the signing of the investment agreement between the two companies in Stuttgart earlier this year and a smooth approval by the relevant Chinese authorities. Daimler in China.

Chinese 259
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Visedo introducing new SRPM motor design for buses; 10% increase in power, better cooling

Green Car Congress

Finnish manufacturer Visedo is unveiling a new electric motor design at BusWorld 2017 that is optimized for the bus market and ready for mass manufacture. The new design is also optimized for high volume manufacture using Visedo’s facilities in both Finland and Taiwan. PowerDRUM S Click to enlarge. Earlier post.).

Design 170
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Europe will miss 2030 chip market goal, says ASML CEO – ET Auto

Baua Electric

Global semiconductor sales are expected to grow from USD 600 million this year to more than USD 1 trillion by 2030, and all capacity currently planned in China will be needed. “It’s not enough at all. Especially when you need to do the electric vehicle transition.” In the face of U.S.-led billion euros (USD 6.9

Europe 52
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Daimler to take 12% stake in BAIC Motor

Green Car Congress

The move, making Daimler the first non-Chinese automotive company to take a stake in a Chinese OEM, deepens an existing strategic partnership. It is also significant so that both companies can actively participate in the opportunities of the Chinese automotive market. Ltd to develop an electric vehicle for the Chinese market.

Motor 247
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Taiwanese smartphone giant Foxconn reveals electric ute, global sales planned

EV Central

Yet another electric ute has been unveiled, this time by Taiwanese industrial giant Hon Hai. It also described it as having the ability to traverse “all terrains”, which suggests it has a dual-motor all-wheel-drive powertrain. sec 0-100km/h time and 700km electric range. It boasts a 3.8 Foxconn’s EV lineup.

Global 52
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Utility solar dethrones coal as the cheapest power source in Asia

Baua Electric

Source: Wood Mackenzie Asia Pacific Power & Renewable Services According to Wood Mackenzie’s latest analysis of the levelized cost of electricity (LCOE) for the Asia Pacific (APAC) region, the LCOE from renewables reached a historic low in 2023.

Asia 52
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Honda Speaks About Near Future, EV Plans

The Truth About Cars

Honda is touting increased relationships with semiconductor manufacturers, including Taiwan Semiconductor Manufacturing Company Limited. Honda has plans for a mid- to large-size electric vehicle to debut for sale in North America in 2025, based on a dedicated platform. It's not just electric cars the company has set its sights on.

Honda 52