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Benchmark: Chinese cell oversupply putting pressure on Tier 3 producers

Green Car Congress

Continued investment in China’s battery production scene is increasingly pushing its market into oversupply, putting strain on Tier 3 producers which are unable to access large global EV markets and are forced to compete in the saturated domestic space, according to Benchmark Mineral Intelligence.

Chinese 259
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Volkswagen Group China unveils its first eVTOL passenger drone prototype: V.MO

Green Car Congress

Volkswagen Group China unveiled its first electric Vertical Take-Off and Landing (eVTOL) passenger drone prototype, as part of its strategy to explore and break new ground in fully electric and sustainable individual mobility concepts. Stephan Wöllenstein, CEO of Volkswagen Group China. In the first phase of its commercial use, V.MO

China 432
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China Merchants Heavy Industry orders methanol dual-fuel engines for new Pure Car and Truck Carrier segment

Green Car Congress

China Merchants Heavy Industry has ordered 2 × MAN B&W 7S60ME-LGIM (Liquid Gas Injection Methanol) engines in connection with the construction of 2 × 9,300 ceu (car equivalent units) Pure Car and Truck Carriers (PCTCs) for China Merchants Energy Shipping (CMES).

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Tesla China February 2024 sales see 18.87% YoY decline, mirroring industry trend

Teslarati

Data from the China Passenger Car Association (CPCA) has revealed that Tesla China’s sales of Giga Shanghai-made vehicles declined in February 2024. The decrease came amidst the Chinese New Year holiday, which appears to have impacted China’s general automotive sector last month. Domestic sales were 36.5k

China 96
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Evonik invests in Chinese graphene company SuperC

Green Car Congress

The Chinese company is a provider of graphene materials that improve the range, robustness, charging speed, and service life of lithium-ion batteries. China’s battery industry has logged rapid growth in recent years. also known as SuperC, was founded in 2011 in Dongguan, China. Hefei Haizhou New Material Co.,

Chinese 279
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European metals-producing and -using industries and workers warn of catastrophic impact of Chinese magnesium supply shortage

Green Car Congress

A cross-industry group of European metals-producing and -using industries and their workers have issued a warning about the potentially catastrophic impact of the Chinese magnesium supply shortage. Magnesium is a key alloying material and widely used in the metals-producing industry. Japan uses 4%.

Chinese 170
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TTTech Auto expands in China with MotionWise software platform for automated driving

Green Car Congress

TTTech Auto , the Vienna-based provider of automotive safety software, is expanding its operations with a dedicated subsidiary in China. TTTech Auto already has a presence in the Chinese market through its joint venture Technomous operated together with SAIC Motor, China’s largest automotive manufacturer.

Auto 368