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BMW Group extends joint venture contract in China until 2040

Green Car Congress

The agreement on the contract extension was signed by the two joint venture partners back in October 2018, on BBA’s 15 th anniversary. The corresponding amendment to the contract comes into force with the new “business licence”, which BBA received today from the relevant Chinese authorities. CBA), indirectly holds the remaining 25%.

BMW 335
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Magna and BAIC to form two JVs to engineer and build premium EVs for customers in China; first production in 2020

Green Car Congress

Ltd (BJEV)—a subsidiary of the BAIC Group for electric cars—for the engineering and complete vehicle manufacturing of electric vehicles. The Zhenjiang facility where Magna and BJEV plan to engineer and build electric vehicles for the Chinese market. —Don Walker, CEO of Magna International Inc.

2020 225
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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 106
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Global study shows uneven urbanization among large cities in the last two decades

Green Car Congress

According to the latest report from the United Nations (UN), the global population in 2018 was 7.6 The country had undergone the biggest urban expansion in the period, between 2001 and 2018, its BUA increase accounted for 47.5% In 2018, the country has 19% of the total BUA of large cities in the world.

Global 433
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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. The project agreement between CATL and the Free State of Thuringia was signed on Monday in the framework of the German-Chinese intergovernmental consultations in the Federal Chancellery in Berlin. CATL) was founded in 2011 and listed on the stock exchange in 2018.

Germany 170
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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. The project agreement between CATL and the Free State of Thuringia was signed on Monday in the framework of the German-Chinese intergovernmental consultations in the Federal Chancellery in Berlin. CATL) was founded in 2011 and listed on the stock exchange in 2018.

Germany 150
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Pike forecasts sales of electric two-wheelers in Asia Pacific to reach more than 65M units in 2018; China dominates

Green Car Congress

Electric two-wheel vehicle sales by country, Asia Pacific: 2012-2018. Pike Research forecasts that annual sales of electric two-wheel vehicles (e-scooters, e-motorcycles, and e-bicycles) will show robust growth and reach more than 65 million units in 2018. more than 60 million units in 2018 at a CAGR of 6.6%. Click to enlarge.

Asia 244