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Auto supplier Adient cuts jobs, transfers roles in Europe to shave costs – ET Auto

Baua Electric

European automakers face a trifecta of challenges: soft demand due to higher borrowing costs that discourage car purchases, fierce competition from Chinese rivals, and higher input costs squeezing their margins.

Auto 52
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GAC Group begins construction of $6.5B industrial park for electric and intelligent vehicles

Green Car Congress

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

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Zimbabwe lithium miners table refinery plans under govt pressure – ET Auto

Baua Electric

Zimbabwe, Africa’s top producer of lithium, which is used in electric vehicle batteries and to store renewable energy, is prodding miners to refine the mineral locally as it hopes to boost its economy. He declined to name the firms which have submitted plans, but added that government has yet to consider the proposals.

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Europe will miss 2030 chip market goal, says ASML CEO – ET Auto

Baua Electric

“That was good for the European car industry but it’s not enough,” said Wennink, who is retiring in April. But Wennink said China, the world’s second biggest economy and largest industrial manufacturer, imports more semiconductors than oil, and it has nearly bottomless demand for those older chips.

Europe 52
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China’s JAC plans Aussie push with EV ute benchmarked against Rivian R1T

EV Central

To be distributed in Australia by independent BLK Auto, JAC has already commenced sales here with the N55EV electric van and will follow with the turbo diesel T9 Hunter dual cab ute in mid-2023. The future of JAC is EV,” declared Jason Pecotic, the managing director of BLK Auto. 2023 JAC T9 Hunter pick-up. “We 2023 JAC JS6 SUV.

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Roskill: record cobalt deals in Q1 2018 show raw material procurement for Li-ion batteries revving up

Green Car Congress

With an increasing amount of Li-ion battery raw material refining and processing centred in China, and it being front-and-center of Li-ion demand growth, Chinese Li-ion value chain participants have turned to Australia, Africa and South America to secure the feedstock necessary for their downstream requirements.

Li-ion 150
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Ford opening 66 more new dealerships in China by end of year; Asia-Pacific growth plans

Green Car Congress

Many of these cities, relatively unknown outside of China, have populations well above one million people and will help lead the next wave of growth in the Chinese economy. Ford expects 70% of its growth in the next ten years to come from its Asia Pacific and Africa region. Ford is introducing the new Edge SUV to China in mid-December.

Asia 199