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CCID Consulting estimates upsurge in aluminum for automobile bodies in China if technical breakthroughs in alloy performance and application technology are made

Green Car Congress

China-based and -focused CCID Consulting estimates that the China passenger vehicle market will need at least 1.802 million tons of aluminum sheets annually, assuming that aluminum replaces 15% of the steel used in automobile manufacturing by 2015. The sales volume is expected to reach 25.287 million by 2015.

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Honda to unveil new China market SUV concept at Auto Shanghai

Green Car Congress

a wholly-owned Honda subsidiary in China, plans to stage the world premiere of an all-new concept model as well as other new Honda models at Auto Shanghai 2015 (The 16th International Automobile & Manufacturing Technology Exhibition, press days: April 20-21, 2015, public days: April 22-29, 2015).

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National Electric Vehicle Sweden AB (NEVS) and Dongfeng Motor Corporation enter strategic cooperation, focused on new energy vehicles

Green Car Congress

In July 2015, NEVS began working with Dongfeng on complete vehicle development projects to enhance Dongfeng’s technical strength and improve NEVS’ own development capability. Dongfeng Motor Corporation (DFM) is the third biggest Chinese state-owned automobile manufacturer headquartered in Wuhan, Hubei Province.

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China to Encourage Consolidation in Auto Industry; Push to Increase Market Share of Domestic Automakers

Green Car Congress

China’s central government plans to implement a new policy in the first half of this year to encourage auto industry consolidation and further the development of Chinese-brand passenger vehicles, an official from the Ministry of Industry and Information Technology said at a recent news conference. of the total. Sales of domestic sedans hit 2.22

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Ballard in $10M deal to provide fuel cell technology for 33 Clean Energy Buses in China

Green Car Congress

to provide fuel cell power products and technology solutions to support the planned deployment of an initial 33 fuel cell-powered buses in two Chinese cities. The deal has an estimated value of $10 million, the majority of which is expected to be recognized in 2015. and Guangdong Synergy Hydrogen Power Technology Co.,

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XPeng revs up for comeback after ending 2022 in the slow lane

CN EV Post

In the race for buyers in China's ultra-competitive electric vehicle (EV) market, XPeng spent last year falling further behind its two main rivals, Li Auto (LI.US; 2015.HK) XPeng is grappling with a lack of consistency in its marketing strategy, said Wang Cun, an analyst with the China Automobile Dealers Association (CADA).

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Volkswagen Group to invest €51.6B over next five years; seeking to make itself future-proof

Green Car Congress

The ratio of capital expenditure to sales revenue will be at a competitive level of around 6% on average in the period 2011 to 2015. billion) in the period 2011 to 2015. This amount will be funded in full from the cash flow generated by the Chinese joint ventures. These companies will invest a total of €10.6 billion (US$14.5

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