article thumbnail

Toshiba’s Visconti 4 image recognition processor selected by leading Chinese manufacturer for ADAS

Green Car Congress

Toshiba Electronic Devices & Storage Corporation announced that Zhejiang Asia-Pacific Mechanical & Electronic Co. introduced evaluation of emergency braking systems in 2018. This marks the first time that a Visconti family processor will be mass-produced for a company outside Japan.

Chinese 221
article thumbnail

Northern Graphite closes acquisition of two graphite mines; 3rd largest non-Chinese graphite company

Green Car Congress

Canada-based Northern Graphite Corporation has closed its previously announced acquisition of the producing Lac des Iles graphite mine (LDI) in Québec from a subsidiary of Imerys SA and the Okanjande graphite deposit/Okorusu processing plant in Namibia from a subsidiary of Imerys and its joint venture partner.

Namibia 284
article thumbnail

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

Green Car Congress

Xiaomi Corporation, a global leader in the technology and consumer electronics sector, is joining as a strategic investor. Xiaomi Corporation and Xpeng Motors have achieved significant progress through in-depth collaboration in developing technologies connecting smart phones and smart cars. — Lei Jun, CEO of Xiaomi Corporation.

Chinese 199
article thumbnail

Volkswagen Group and Chinese manufacturer Ganfeng sign memorandum of understanding for long-term lithium supplies

Green Car Congress

—Michael Bäcker, Head of Corporate Purchasing e-Mobility at Volkswagen Aktiengesellschaft. GFL is the world’s leading lithium compounds and metal manufacturer and dually listed on Chinese A share in 2010 and Hong Kong H share in 2018.

Chinese 268
article thumbnail

Nornickel places CNY 5 billion exchange-traded bonds

Green Car Congress

Russia-based Nornickel, the world’s largest producer of palladium and high-grade nickel producer, as well as one of the leading platinum and copper producers, announced the successful placement of CNY (Chinese Yuan) 5 billion (~US$716 million ) exchange-traded bonds (series БО-001Р-06-CNY) on 22 December. The bonds mature in 3.5

Russia 170
article thumbnail

Toyota establishes joint research institute with Tsinghua University; hydrogen and advanced mobility

Green Car Congress

Toyota Motor Corporation and Tsinghua University are establishing the Tsinghua - Toyota Joint Research Institute (Joint Research Institute). The two plan to conduct various research together over the next five years through the institute.

Universal 207
article thumbnail

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

Green Car Congress

Since 2017 Farasis has regularly ranked first in terms of shipments of NCM-based Li-ion pouch cells to the Chinese automotive market. At the same time, the company officially launched its European Manufacturing Center Project, and opened an office in Stuttgart, Germany staffed with business development, engineering and corporate personnel.

Li-ion 239