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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. However, the Southeast Asian market at home has recently become a new target for many car companies. What is the mystery behind it?.

Asia 97
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Finnish Minerals Group and Beijing Easpring to form JV company to advance €774M CAM plant project

Green Car Congress

The parties have now agreed to set up a joint venture company by the end of 2023, of which Beijing Easpring Material Technology will own 70% and Finnish Minerals Group 30%. The goal of the company is a state-of-the-art production plant capable of offering precursor cathode active material with an unprecedentedly low carbon footprint.

Companies 195
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Tesla Q4 deliveries teased with 12 export ships to Asia and Europe

Teslarati

Tesla seems fired up to achieve another quarter of stellar delivery numbers, even though the company has already surpassed its 2020 numbers, which were a record in their own right. . Tesla export ship trackers have identified at least 12 ships traveling to Europe and Asia for Q4, delivering vehicles from the Fremont Factory and Giga Shanghai.

Asia 145
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Toshiba’s Visconti 4 image recognition processor selected by leading Chinese manufacturer for ADAS

Green Car Congress

Toshiba Electronic Devices & Storage Corporation announced that Zhejiang Asia-Pacific Mechanical & Electronic Co. This marks the first time that a Visconti family processor will be mass-produced for a company outside Japan. introduced evaluation of emergency braking systems in 2018.

Chinese 221
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Daimler takes 12% stake in Chinese parter BAIC Motor; first non-Chinese automotive company to acquire an interest in a Chinese OEM

Green Car Congress

Daimler AG is taking a major step forward in its China strategy with the closing of the company’s 12% investment in long-standing partner BAIC Motor, the passenger car unit of Beijing Automotive Group (BAIC Group), one of the top automotive companies in China. MBLC); Daimler Northeast Asia Parts Trading & Services Co.

Chinese 259
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Chinese self-driving startup WeRide plans to start autonomous vehicle testing in Singapore this year

CN EV Post

In September 2022, WeRide launched its Singapore company and signed a memorandum of cooperation with a subsidiary of a local public transport operator in November. The company has a fleet of more than 500 self-driving vehicles and more than 16 million miles of autonomous driving, WeRide said.

Singapore 143
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Innoviz solid-state lidar selected by Shaanxi Heavy Duty Automobile Co. for autonomous truck project at Chinese port

Green Car Congress

Shaanxi comprises four truck companies, delivering more than 150,000 new trucks worldwide each year, including 10,000 trucks per year for the mining sector. The company is also one of the leaders in China in the field of autonomous driving research and development. Detection Range: 20cm to 600m. Field of View (HxV): 73°x20°.