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MG is launching its IM Motors electric luxury sub-brand in Australia with two models, five variants and rhetoric thats super-heated even by the standards of auto industry marketing spiel. Only founded in December 2020, its first concepts were presented at the Shanghai auto show in 2021 and its first model went on-sale in 2022.
There has been a rash of articles this year pertaining to how the automotive industry has begun testing humanoid robots. We likewise see a gradual decline in the number of assembly jobs since the automotive sector became the first industry to both develop and implement robotic arms at factories (e.g. General Motors Unimate).
I have the advantage of speaking Chinese, even if my reading abilities are limited, but for most visitors, this shift will prove challenging. For decades, the areas along Suzhou Creek housed Shanghais industry, which moved outside the city in the 1980s, leaving behind run-down warehouses and a polluted waterway.
Tesla began offering the Acceleration Boost option in China in 2020, which reduces the 0-100 km/h acceleration time of the Model 3 long-range all-wheel drive version from 4.6 This change appears to be Tesla making the previously optional Acceleration Boost package, priced at RMB 14,100, a standard feature for the long-range Model 3.
Roskill expects that rare earth permanent magnet applications represented 29% of total demand in 2020—the largest single end use—consuming a mixture of neodymium (Nd), praseodymium (Pr), dysprosium (Dy), along with other elements used at fillers such as cerium (Ce) and gadolinium (Gd).
On 4 December 2020, the LME cash price hit its highest level since March 2013, closing at US$7,742/t. (By Copper has charted an unlikely trajectory through 2020, notes Roskill. Copper prices since 1 Jan 2020. Underlying Chinese consumption is actually performing much better than most analysts believe, Roskill said.
Toyota Motor and five Chinese OEMs—China FAW Corporation Limited (FAW); Dongfeng Motor Corporation (DFM); Guangzhou Automobile Group Co., Plans call for FCRD to be established in Beijing during 2020. GAC Group); Beijing Automotive Group Co., BAIC Group); and Beijing SinoHytec Co., SinoHytec’s YHTG80 80 kW fuel cell system.
China’s State Council has published a plan to develop the domestic energy-saving and new energy vehicle industry, which includes battery-electric vehicles, plug-in hybrid vehicles and fuel cell vehicles. 2012 Chinese Auto Industry Development Report. By 2020, average passenger car fuel consumption is to drop to 5.0
Niobium is a metal primarily used by the steel industry as a ferroalloy strengthening element. Adding niobium reduces the amount and weight of steel required, an important feature for the automotive industry but also for infrastructure. Another key characteristic of the niobium market is its highly concentrated supply.
This marks a 6% drop from $140/kWh in 2020. Continuing cost reductions bode well for the future of electric vehicles; however, the impact of rising commodity prices and increased costs for key materials such as electrolytes has put pressure on the industry in the second half of the year.
On 29 December 2020, Sichuan Yahua Industrial Group announced thatits subsidiary, Yahua Lithium, had signed a five-year supply agreement with Tesla. Yahua Lithium commissioned the Ya’an plant in May 2020 with 20ktpy of capacity for battery-grade lithium hydroxide.
As a result, by late January, factories were closed and streets were cleared as Chinese authorities had ceased daily activities to stop the spread of the illness. As nitrogen dioxide is primarily produced by traffic and factories, it is a first-level indicator of industrial activity worldwide.
Estimated automobile ownership in China will exceed 200 million by 2020, causing serious energy security and environmental issues, according to Wang Fuchang, director of the Department of Equipment Industry under China’s Ministry of Industry and Information Technology.
Jiangnan Shipyard, owned by China State Shipbuilding Corp (CSSC), has ordered an LPG (liquefied propane gas)-burning MAN B&W 6G60ME-LGIP engine in connection with the building of an 86,000-m 3 VLGC (Very Large Gas Carrier) for Tianjin Southwest Maritime (TSM), the Chinese shipping company. HFO-burning engines to 6G60ME-C9.5-LGIP
The COVID-19 has hit the Chinese EV sector hard; CRU, a provider of business intelligence on the global metals, mining and fertilizer industries, believes that weak sales will last at least until early Q2 2020. Nonetheless, it continues to forecast Chinese EV sales growth in 2020 over 2019’s total.
China is set to overtake the US as the global diesel generator set (genset) market leader, increasing its share from 26% in 2013 to 33% by 2020, according to a new report from research and consulting firm GlobalData. billion in 2013 to approximately $5 billion by 2020, representing a Compound Annual Growth Rate (CAGR) of 9.6%.
China dominates BloombergNEF’s (BNEF) lithium-ion battery supply chain ranking in 2020, having quickly surpassed Japan and Korea that were leaders for the majority of the previous decade. In 2020, Japan and Korea rank number two and three respectively. The US is in sixth place in 2020.
While cobalt prices have shown positive signs of late, there are nuances within the market which highlight the key fundamentals that will likely decide cobalt’s future price trend—which is taking its cues less and less from the industrial metal supply chain, according to a new report from Benchmark Mineral Intelligence.
Eramet will thus become the first European company to operate a sustainable and large-capacity lithium industrial complex: we take pride in this project and see an opportunity for Europe’s sovereignty to secure tomorrow’s critical metals. 3,500/t LCE EXW), with large-scale drainable resources (nearly 10 Mt LCE).
Total visible copper stocks (LME + COMEX + SHFE + Chinese bonded warehouses) amounted to just 560kt at the end of January, noted critical materials supply chain intelligence company Roskill—only 11kt more than the lowest recent stock level of 549kt in December 2019.
China-based automobile manufacturer Guangzhou Automobile Group (GAC Group), the parent company of GAC Motor, has begun construction of a large industrial park for electric and intelligent vehicles as part of its efforts to boost its electric vehicle business. More than 45 billion yuan (US$6.5 More than 45 billion yuan (US$6.5
China Minister of Science and Technology Wan Gang said that the country’s annual production capacity for electric motor vehicles will reach 1 million units by 2020. The project aimed to replace public transport vehicles with electric vehicles to support the development of electric vehicle industry, Wan said. billion yuan (US$1.28
In 2020, Volkswagen Group China launched a Vertical Mobility project to explore the next generation of mobility solutions, including the urban air mobility market and the extension of urban traffic into airspace. The launch of this stunning validation model—the V.MO—is Stephan Wöllenstein, CEO of Volkswagen Group China.
Led by Tesla, China’s BYD, and Volkswagen, the battery market for plug-in vehicles will rise to $10 billion in 2020, with electric vehicles (EV) emerging as the drivetrain of choice, according to a new forecast by Lux Research. But the Chinese company will cede its lead in 2019 when European and American carmakers gain ground.
At the first stage of the project, InnovizPro lidar is being utilized in Shaanxi Truck’s autonomous proof of concept project at the Chinese port, with Shaanxi’s ultimate goal being the deployment of up to 600 trucks at this site. The company is also one of the leaders in China in the field of autonomous driving research and development.
The Zhenjiang facility where Magna and BJEV plan to engineer and build electric vehicles for the Chinese market. The engineering and manufacturing joint ventures are expected to take over an existing BAIC manufacturing facility in Zhenjiang, Jiangsu Province, where the first production vehicles are planned for 2020. Earlier post.)
The expansion of these facilities will allow Boston Power to meet the growing demand by leading Chinese automakers in the Yangtze River Delta and throughout the Bohai Gulf in Northern China. China’s EV market is expected to reach US$35 billion by 2020, with demand for high-end lithium-ion batteries hitting 100 GWh.
The first model that will be produced in the factory of SAIC Volkswagen will be an electric Volkswagen brand SUV in 2020. < Through Volkswagen’s MEB platform, we will be able to easily produce state-of-the-art electric vehicles for our Chinese customers on a high scale. The facility comes equipped with more than 1400 Industry 4.0
WANG Feng at the Dalian Institute of Chemical Physics (DICP) of the Chinese Academy of Sciences have reported that photocatalytic decarboxylation is an efficient alternate pathway for converting biomass-derived fatty acids into alkanes under mild conditions of ambient temperature and pressure. Researchers led by Prof. —Prof.
The investment advances the Group’s global hydrogen leadership and supports its push into China’s rapidly developing hydrogen industry. In October 2020, the China Society of Automotive Engineers released a technology roadmap, under the guidance of the Ministry of Industry and Information Technology.
The vehicle was developed by Shanghai GM and the Pan Asia Technical Automotive Center (PATAC), making it the first production electric vehicle created by a Chinese joint venture. The SPRINGO EV will be sold for RMB 258,000 (US$41,460). Green drive strategy. The Sail SPRINGO EV is the first example.
Based on a substantial shareholding agreement in May 2020, Volkswagen Group entered a strategic cooperation framework with the major Chinese battery producer headquartered at Hefei. In May 2020, both partners signed binding agreements that Volkswagen (China) Investment Co. Volkswagen Group and Gotion High-Tech Co.,
Ipsos’ new 2020 Global Mobility Navigator Study, focusing on Electrification, found global interest remained on par with the numbers from 2019. However, the study reveals there has been an increase in interest in the US and Chinese markets. Source: Ipsos. A growing consumer awareness led to an increased desire to have them in vehicles.
Frost & Sullivan forecasts that with the Chinese Government’s push and pull strategy of new energy vehicle development, gasoline powertrains’ unit production market share is expected to slightly reduce to 94.9%, while the electric vehicle (EV) powertrain segment’s share will expand to 4.2% by 2020, up from 0.1%
Two new studies in AGU’s journal Geophysical Research Letters find nitrogen dioxide pollution over northern China, Western Europe and the US decreased by as much as 60% in early 2020 as compared to the same time last year. The gas typically enters the atmosphere through emissions from vehicles, power plants, and industrial activities.
Chinese automotive manufacturer BYD sold 18,220 pure-electric passenger vehicles in November, up by 22.1% Sales of pure-electric vehicles and plug-in hybrids January-November 2020 were 139,246 and 69,390, respectively, down by 19.9% China’s NEV industry was hit by the Covid-19 outbreak in this year’s first quarter. on the year.
China’s Ministry of Industry and Information Technology of China (MIIT) has verified Xpeng’s P7 electric sports sedan’s driving range to be NEDC 706 km (439 miles). The volume of the entire electric drive system is only 18.6L, and power density reaches the industry-leading 2 kW/kg level.
Xinhua reports that the Chinese Ministry of Transport (MOT) is targeting 300,000 new energy vehicles on China’s roads by 2020: 200,000 new energy buses and 100,000 new energy taxis and city logistics delivery vehicles.
Nippon Steel’s announcement is the latest example of the challenges faced by the steel industry in developed economies, notes Roskill: overcapacity and environmental regulations. The Japanese steel industry has a total capacity of 130 Mtpy. —Nikkei report.
This collaboration with the Department of Defense is sponsored by the Title III, Defense Production Act program, which sits within the Pentagon’s office of Industrial Policy, and will ultimately be directed by the Office of the Undersecretary for Acquisition and Sustainment.
The BFS confirms that 10ktpa of AAM production can be achieved via expansion of the existing plant and infrastructure within Syrah’s existing 25-acre industrial site. In Q4 2020 Syrah Resources achieved first production of AAM via toll processing of purified spherical graphite. 3D model of Vidalia 10kt per annum expansion.
According to Hu Angang of the Chinese Academy of Sciences, 33.3% The Draft Plan establishes goals for 2015, in addition to many of the 2020 targets already announced. th _Five_Year_Plan.pdf">12 th Five Year Plan – Chinese Leadership Towards A Low Carbon Economy. in the prior 11 th Five Year Plan. Source: DBCCA. —DBCCA.
China’s Ministry of Industry and Information Technology and Ministry of Natural Resources jointly announced that the production quota for the first half of this year will be 84,000 tons, a major jump from the 66,000 tons last year and the highest target to date for the first half. It announces a quota twice a year.
And the nuclear industry must quickly address the issues of cost overruns and project delays that have bedevilled the construction of new plants in advanced economies. As a result, advanced economies have lost market leadership, as 27 out of 31 reactors that started construction since 2017 are Russian or Chinese designs.
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