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Geely subsidiary Geespace successfully launches first 9 satellites of planned 240; positioning and connectivity

Green Car Congress

Geespace, a wholly owned subsidiary of Geely Technology Group and China’s first privately owned developer, operator, and mass producer of low-orbit commercial satellites, has successfully launched its first nine satellites into low earth orbit from the Xichang Satellite Launch Center. Rendering of Geely Future Mobility Constellation.

Connect 435
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Li-ion battery-maker Farasis Energy raises $1B+ to accelerate global automotive battery manufacturing expansion

Green Car Congress

Farasis Energy, a global developer and manufacturer of lithium-ion cells, modules and large battery systems, recently completed C-round financing exceeding 1 Billion US dollars. The compay will use the capital raised to accelerate the expansion of its global automotive battery manufacturing infrastructure.

Li-ion 239
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Hyundai Motor Group building new fuel cell system plant in China; first outside of Korea

Green Car Congress

The investment advances the Group’s global hydrogen leadership and supports its push into China’s rapidly developing hydrogen industry. The roadmap reflects China’s ambition to foster a hydrogen economy; the country aims to have 1 million FCEVs on its roads by 2035, with an emphasis on commercial vehicles.

Hyundai 277
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Volkswagen and JAC launch new JV for electric cars for mass market in China; 1st vehicle in 2018

Green Car Congress

In the presence of Federal Chancellor Angela Merkel and Chinese Premier Li Keqiang in Berlin, Volkswagen signed a joint venture agreement with the Chinese automaker Anhui Jianghuai Automobile (JAC). The objective is to deliver 400,000 electric vehicles to the Chinese market in 2020 and 1.5 million electric vehicles in 2025.

2018 170
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Chinese Joint Venture Will Begin Mass-Producing an Autonomous Electric Car

Cars That Think

In October, a startup called Jidu Automotive , backed by Chinese AI giant Baidu and Chinese carmaker Geely , officially released an autonomous electric car, the Robo-01 Lunar Edition. And what features will Robo-01 use to keep drivers’ hands on the wheel, as required under current Chinese law? In 2023, the car will go on sale.

Chinese 107
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Chinese EV battery manufacturer CATL building plant in Germany; 14 GWh capacity, €240M investment by 2022

Green Car Congress

The Chinese EV battery manufacturer Contemporary Amperex Technology Ltd. CATL develops battery systems for global customers in EV, HEV and PHEV applications; its sales of EV batteries amounted to 11.84 GWh in 2017—making it Nº 1 globally. GWh in 2017—making it Nº 1 globally.

Germany 170
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Ballard announces planned deployment of 500 fuel cell commercial trucks this year in Shanghai

Green Car Congress

Ballard Power Systems announced the planned deployment of 500 licensed hydrogen fuel cell electric commercial trucks—all using Ballard fuel cell stack technology—in Shanghai, China. Re-Fire has developed a leading position as a system integrator in the fast-moving Chinese fuel cell transportation market.