2018 Chinese Global Motors 
Green Car Congress
NOVEMBER 13, 2019
China-based Xpeng Motors has closed a US$400-million Series C capital funding from a group of strategic and institutional investors. Xiaomi Corporation, a global leader in the technology and consumer electronics sector, is joining as a strategic investor. Xpeng Motors achieved numerous milestones this year.
Green Car Congress
JANUARY 15, 2021
Hyundai Motor Group signed an investment contract with the government of Guangdong Province to establish an offshore fuel cell system production facility in Guangzhou, China. The investment advances the Group’s global hydrogen leadership and supports its push into China’s rapidly developing hydrogen industry.
Green Car Congress
MARCH 4, 2021
This shift is also taking place in other motorized segments including trucks and mining machinery. and global economies with businesses and manufacturers having to close doors and furlough employees, the global trade markets plummeted to an 11-year low of 41.5% New Tungsten Production Will Open the Global Supply Chain.
Green Car Congress
DECEMBER 11, 2018
The new electric car brand Aion S—recently unveiled at Auto Guangzhou 2018 by GAC NE, GAC MOTOR’s new energy vehicle arm—will be the first line of cars to adopt Nidec’s fully integrated traction motor system (E-Axle) ( earlier post ). Earlier post.). Earlier post.).
Green Car Congress
SEPTEMBER 23, 2019
Hyundai Motor Group (HMG) has completed its creation of a global innovation network with the establishment of Hyundai CRADLE Beijing. China is the world’s largest automotive market and has one of the largest start-up cultures globally, making it an ideal location for Hyundai Motor Group’s fifth CRADLE office.
Green Car Congress
MAY 22, 2019
Low-speed electric vehicles (LSEVs) could reduce China’s demand for gasoline and, in turn, impact global oil prices, according to a new issue brief by an expert in the Center for Energy Studies at Rice University’s Baker Institute for Public Policy. “ million of them—roughly 30% more units than conventional electric vehicle makers did.
Green Car Congress
SEPTEMBER 10, 2018
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.
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