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CCM: LiPF6 industry in China may face overcapacity in 2017

Green Car Congress

Soaring prices for and profits from LiPF 6 —lithium hexafluorophosphate, the dominant Li-salt used in electrolytes in commercial rechargeable lithium-ion batteries (LIBs) based on a graphite anode and a 3–4 V cathode material—has encouraged enterprises in China to expand LiPF 6 production while also attracting new players.

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Buick debuts V2X technology in China; first V2X vehicle to roll out by year end

Green Car Congress

Later this year, Buick will become the first brand in China officially to roll out the market-ready technology on a production vehicle, a Buick GL8. Past work on V2X in China. It was the first multi-industry demonstration of interoperability of C-V2X, for which China recently announced its official frequency.

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GM China sales top 4M vehicles for the first time in 2017; SUV sales up 37%

Green Car Congress

General Motors and its joint ventures sold more than 4 million vehicles in China for the first time in 2017. China was GM’s largest retail market for the sixth consecutive year. In 2017, GM added 18 new and refreshed models in China. GM’s SUV sales in China surged 37% last year. million units.

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Renault CEO calls for Auto European plan to protect against ‘onslaught of EVs from China’

Teslarati

Renault CEO Luca de Meo released a 19-page open letter to Europe describing an auto European plan to protect against the ‘onslaught of electric vehicles (EV)’ coming from China.” China is making rapid inroads into the all-electric vehicle segment. Stellantis also invested in China-based Leapmotor to expand global EV sales.

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Hyundai seeks to restore market share in China with new EV brand

Teslarati

Hyundai seeks to restore its market share in China with a new electric vehicle (EV) brand. The company’s latest plans seem to be part of its plan to launch five new EV models in China over the next three years. The company’s latest plans seem to be part of its plan to launch five new EV models in China over the next three years.

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Ube Industries and Mitsubishi Chemical to form 50-50 Li-ion battery electrolyte JV in China

Green Car Congress

Ube Industries, Ltd. and Mitsubishi Chemical Corporation have agreed to a tie-up for their electrolyte businesses in China under a 50-50 joint venture to supply highly competitive electrolyte to the market. Ube Industries and Mitsubishi Chemical will apply for approval from government authorities in China and other relevant countries.

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GAC Group begins construction of $6.5B industrial park for electric and intelligent vehicles

Green Car Congress

China-based automobile manufacturer Guangzhou Automobile Group (GAC Group), the parent company of GAC Motor, has begun construction of a large industrial park for electric and intelligent vehicles as part of its efforts to boost its electric vehicle business. More than 45 billion yuan (US$6.5 billion yuan (US$679 million).