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Tesla FSD in China could add $2.3 billion in annual earnings by 2030: Bank of America

Teslarati

Bank of America seems to be seeing the potential of Full Self Driving (FSD) for Tesla’s future in China. The China Association of Automobile Manufacturers also noted that Tesla has cleared data security and processing requirements in the country. billion in annual earnings by 2030: Bank of America appeared first on TESLARATI.

America 133
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Stellantis & Leapmotor joint venture gets approval from Chinese regulator

Teslarati

It acquired 20% of the Chinese automakers, making it a significant shareholder. The Chinese automaker also said that the executive team for its joint venture with Stellantis is in place as C10. In November, Stellantis repurchased €934 million shares from Chinese automaker Dongfeng based on a pre-existing share repurchase framework.

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Stellantis production affected by cyberattack on Chinese supplier

Teslarati

Multiple car brands under Stellantis were affected by a cyberattack on Chinese supplier, Yanfeng International Automotive Co. Yanfeng supplies automobile manufacturers with car parts including electronics, seats, interiors, and other components. billion in the Chinese company.

Chinese 104
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Southeast Asia market will become a competitive place for Chinese and Japanese car companies

Setec Powerr

Europe, the birthplace of the automobile industry, to North America across the Pacific Ocean, has always been the top stage that Chinese car companies hope to step on. With the current sales figures and the seductive future expectations, Southeast Asia has successfully attracted the attention of Chinese car companies.

Asia 97
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Volvo EM90 Minivan Probably Not Coming to North America

The Truth About Cars

It’s a luxury-minded product catering to Chinese tastes. It’s been assumed Volvo’s EM90 would be manufactured with similar intentions, as the model will almost assuredly be based on the Zeekr 009 (pictured) — a new luxury van produced by Volvo’s Chinese parent company Geely. Though the EM90 isn’t your average runabout.

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Mitsubishi Chemical strengthens production capacity of graphite anode materials in China; possible production in Europe and US

Green Car Congress

Mitsubishi Chemical Holdings Group (MCHG) will increase the production capacity of natural graphite anode material from 2,000 tons/year to 12,000 tons/year at its Chinese subsidiary Qingdao Anode Kasei and affiliated company Qingdao Lingda Kasei. The production line is scheduled to start operation in the first half of fiscal 2023.

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Saab Automobile AB files for voluntary reorganization, Saab Automobile Parts AB And Overseas Subsidiaries Excluded

Green Car Congress

Swedish Automobile N.V. Swan) announced that Saab Automobile AB and its subsidiaries Saab Automobile Powertrain AB and Saab Automobile Tools AB (collectively Saab Automobile) filed for voluntary reorganization today with the District Court in Vänersborg, Sweden.