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GKN order book for electric driveline technologies totalled $2.8 billion by end of 2017

Green Car Congress

billion) by the end of 2017 following a series of significant program wins with major global automakers. million) in 2017 to £200 million (US$277.1 In 2017, the Research and Development expense charged to the income statement was £36 million (US$50 million), with total investment of more than £123 million (US$170.4 Earlier post.)

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BMW opens new Shanghai R&D center; focus on human-machine interaction and hardware-software integration

Green Car Congress

Today, more than 3,200 designers and engineers, NEV and software specialists are creating leading-edge innovations in close collaboration with Chinese tech players, start-ups, local partners as well as academia. There are now 3,200 R&D associates in China using their expertise to develop products for Chinese customers.

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Hyundai will ‘take the bull by the horns’ with a new EV brand in the world’s biggest market

Baua Electric

Hyundai is set to launch a new EV brand as it looks to gain its share of the largest market globally. China is the undisputed EV market leader. That’s up from 12% just two years ago and around a third of the global market. South Korea’s Hyundai wants its piece of the booming market. of the market.

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Roskill forecasts increasing dependence of Li market on batteries; switch from portable electronics to hybrids

Green Car Congress

Consumption of lithium in rechargeable batteries by end use, 2012-2017, kt LCE. Roskill is an international metals and minerals market research firm. Batteries accounted for 27% of global lithium consumption in 2012, up from 15% in 2007 and 8% in 2002. Batteries Forecasts Market Background Materials' Source: Roskill.

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Hyundai Motor to build 4th and 5th plants in China, bringing capacity to 1.65M units per year

Green Car Congress

will begin building its fourth and fifth plants in China next year to respond to surging demands in the world’s largest automobile market. Small and mid-size models specifically designed for the Chinese market will be rolled out from the plant, starting from the first half of 2017. s capacity to 1.65

Hyundai 150
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Ballard enters strategic partnership with Weichai Power; 19.9% stake in Ballard and new JV; fuel cell commercial vehicles

Green Car Congress

In addition, Zhongshan Broad-Ocean Motor —a current Ballard strategic investor and Chinese partner—has agreed to invest a further approximately $20 million at the same 15% premium to maintain its 9.9% Established in 2002 and with listings on the Hong Kong and Shenzhen stock exchanges, Weichai Power Co.,

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Who Really Invented the Thumb Drive?

Cars That Think

Henn Tan, shown here in 2017, fought a series of mostly losing battles against those who pirated Trek 2000’s ThumbDrive design and against rival patent claims. Though this was before Apple’s 2001 iPod made these devices popular worldwide, a number of MP3 players of varied quality were already on the market in the late 1990s.

Singapore 144