Remove 2018 Remove Chinese Remove Corporation Remove Market
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

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

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

Green Car Congress

The rapid increase in vehicle electrification in the automotive industry will have a major impact on global raw material markets. The strategic collaboration is the result of an extensive market analysis executed by Volkswagen’s e-Raw Material Team. The global lithium demand is expected to more than double by 2023.

Supplies 268
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

Infineon Technologies and SAIC Motor establish power module JV in China

Green Car Congress

SAIC Motor Corporation Limited and Infineon Technologies AG established a joint venture to manufacture power modules for the developing electric vehicle market in China. Volume production is scheduled to start in the second half of 2018. Infineon will continue to independently serve all other markets.

China 218
article thumbnail

Volkswagen boosting e-mobility efforts in China

Green Car Congress

By 2023, the Volkswagen brand will offer 10 models based on the MEB modular electric drive toolkit on the Chinese market. We have given our brand a new look, a new character, a new corporate goal focusing fully on decarbonization and new cars. family for China. Production of this model is to start at the end of 2020.

China 150