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Mercedes-Benz announces strategic partnership and equity stake in Chinese battery cell manufacturer Farasis

Green Car Congress

Mercedes-Benz has entered a far-reaching strategic partnership with the Chinese battery cell manufacturer Farasis Energy (Ganzhou) Co., To this end, Daimler Greater China is investing a multi-million euro amount as part of Farasis’ IPO. including taking an equity stake.

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Biden Admin Slaps Heavy Tariffs On Chinese Vehicles

The Truth About Cars

The Biden administration has confirmed significant tariff increases on Chinese imports, including a 100% duty on electric vehicles, as part of an effort to protect U.S. industries from China's overproduction and state-driven subsidies. China has vowed retaliation, criticizing the U.S. The tariffs aim to strengthen U.S.

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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.

China 432
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Benchmark Mineral Intelligence: global battery gigafactory pipeline tops 300; China dominates

Green Car Congress

China continues to dominate gigafactory announcements, but North America and Europe have seen significant growth over the past two years thanks in part to automaker and battery manufacturer joint ventures. In 2031, China is set to have almost 4,500 GWh of gigafactory capacity, representing 70% of global capacity.

China 433
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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.

China 368
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ABB electromagnetic stirrers to increase efficiency for major Chinese steel manufacturer

Green Car Congress

ABB has been chosen to supply its patented ArcSave electromagnetic stirrers as part of a substantial refit at leading Chinese iron and steel producer Guangdong Nanfang Donghai’s steelmaking plant in Guangdong Province, southern China. The order comprises two ArcSave systems for use with two new electric arc furnaces (EAF).

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BMW Group announces local production of NEUE KLASSE in China from 2026, new gen 6 battery plant

Green Car Congress

(BBA) joint venture, Milan Nedeljković, member of the Board of Management of BMW AG responsible for Production, announced local production of the NEUE KLASSE in China. The high-voltage batteries required for this will likewise be manufactured locally.

BMW 457