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Chinese EV company Xpeng Motors raises US$400M in Series C; Xiaomi strategic investor

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In addition to the latest equity raising, Xpeng Motors has also successfully diversified its funding sources by securing several billions of RMB-denominated unsecured credit lines from leading Chinese and international banks including China Merchants Bank, China CITIC Bank and HSBC. Xpeng Motors achieved numerous milestones this year.

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First car using Nidec’s E-Axle traction motor system unveiled

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The new electric car brand Aion S—recently unveiled at Auto Guangzhou 2018 by GAC NE, GAC MOTOR’s new energy vehicle arm—will be the first line of cars to adopt Nidec’s fully integrated traction motor system (E-Axle) ( earlier post ). Earlier post.).

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Study finds long-term exposure to air pollution negatively impacts cognitive performance and may become more pronounced with age

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Daily API observations were obtained from the city-level air quality report published by the Chinese Ministry of Environmental Protection. The report includes 86 major cities in 2000 and covers most of the cities in China in 2014. The API ranges from 0 to 500, with larger values indicating worse air quality. —Zhang et al.

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Volkswagen Group, SAIC and FAW to increase cooperation on green vehicles in China

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The Volkswagen Group will cooperate more closely with its Chinese joint venture partners SAIC Motor Co. billion (US$25-billion) investment program in new plants and products which Volkswagen and its joint venture partners are implementing between 2014 and 2018. These projects are part of the €18.2-billion

China 220
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Study: ozone levels higher across China than in other countries tracking the air pollutant

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2014) are included. We find that in the most populous urban regions of Eastern and Central China, there are more than 60 days in a calendar year with surface ozone levels exceeding the Chinese national ozone air quality standard. 2017 for one ozone metric. For China, sites in 74 major cities with continuous observations from 2013?2017

Ozone 199
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New phase of globalization could undermine efforts to reduce CO2 emissions

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A new study finds that the growth of carbon production from Chinese exports has slowed or reversed, reflecting a “new phase of globalization” between developing countries that could undermine international efforts to reduce emissions. trillion) in 2014. 2018) “China’s “exported carbon” peak: Patterns, drivers, and implications.”

Global 170
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Univ. of Pittsburgh and Sichuan University to establish joint engineering institute

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The Sichuan University Pittsburgh Institute, as it will be named, expects to enroll its first class in the fall of 2014. Students in the institute will be recruited from the United States, China, and possibly other countries, with the first class in fall 2014 expected to comprise 100 students.

Universal 225