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Why New Production Sources of Tungsten Are Critical for Increased Global Supply

Green Car Congress

and global economies with businesses and manufacturers having to close doors and furlough employees, the global trade markets plummeted to an 11-year low of 41.5% in the April report for the Institute for Supply Management’s Manufacturing Index. New Tungsten Production Will Open the Global Supply Chain.

Supplies 380
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Stellantis production affected by cyberattack on Chinese supplier

Teslarati

Multiple car brands under Stellantis were affected by a cyberattack on Chinese supplier, Yanfeng International Automotive Co. Yanfeng supplies automobile manufacturers with car parts including electronics, seats, interiors, and other components. billion in the Chinese company.

Chinese 115
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Geely Auto forms new premium electric car company Zeekr; SEA EV architecture

Green Car Congress

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. The Chinese name of Zeeker has been confirmed as Ji Ke. Governance structure.

Companies 435
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National Electric Vehicle Sweden AB acquires assets of Saab Automobile to create new EV company; first model based on 9-3 due year-end 2013/2014

Green Car Congress

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.

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Stellantis strengthens ties with China’s auto industry

Teslarati

Stellantis recently repurchased €934 million in shares from Chinese auto company Dongfeng as per a pre-existing share repurchase framework. is a state-owned automobile manufacturer headquartered in Wuhan, Hubei. In October, the legacy automaker invested in China-based Leapmotor to expand its global electric vehicle (EV) sales.

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ZAP and Remy Electric Motors Sign Strategic Development and Supply Agreement

Green Car Congress

ZAP and Remy Electric Motors, LLC have ">signed a long-term motor supply and development agreement. As a result, Remy HVH 250 electric motors ( earlier post ) will now be used globally in ZAP’s cars and sports utility vehicles. US-based ZAP acquired 51% of Chinese auto manufacturer Zhejiang Jonway Automobile Company Ltd.

Supplies 210
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Nio ET5 Traveling hits supply facilities in China. Formally settingup on June 15

Baua Electric

On the identical past, Nio ET5 Traveling has already reached supply facilities. So, as soon as once more, we will see how Nio is dependent upon the global settingup however now not at the home one. It signifies that except the ET5 Traveling, we will be able to additionally see the settingup of alternative automobiles.