Green Car Congress

JANUARY 7, 2016

Established automotive industry companies—not Silicon Valley—are leading the development of autonomous driving technology, according to a new report from the Intellectual Property and Science business of Thomson Reuters. headlines over the past year have touted tech companies innovating in the automotive space.

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Green Car Congress

JULY 9, 2012

China is targeting the cumulative production and sales of more than 5 million new energy vehicles, including fuel cell vehicles, by that time as well. However, generally speaking, the government continued, China has not achieved a breakthrough with new energy automobiles and core components of the key technologies.

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Green Car Congress

AUGUST 24, 2023

Rheinmetall has won a new order in the internal combustion engine sector, a result the company says indicates its “last man standing” strategy. Placed by an alliance of two globally active, well-known automakers, the order encompasses several hundred thousand engines blocks worth a figure in the mid-double-digit million-euro range.

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Engine Auto Industry Germany Climate 150

Green Car Congress

JULY 15, 2018

Automobile modular architectures—for example, TNGA of Toyota, and MQB, MLB and MEB of the Volkswagen Group—hav become a major trend in the auto industry. The BMA platform will be applied to Geely’s overseas subsidiary brands as well as in China.

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Green Car Congress

NOVEMBER 8, 2017

Ford Motor Company and Zotye have agreed to establish Zotye Ford Automobile Co., a new 50:50 joint venture that will offer a range of stylish and affordable all-electric vehicles for consumers in China under a new indigenous brand. and board director of Zotye Auto. and board director of Zotye Auto. Earlier post.).

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Green Car Congress

MARCH 3, 2022

of all Volvo cars sold globally during the month. In China, sales declined by 13.8% In the first two months of the year, Volvo Cars sold 23,320 cars in China, a decline of 20.3% The company is approaching its year-ago production levels, which is still below ambition. The company is carefully monitoring the situation.

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Green Car Congress

FEBRUARY 9, 2020

The results ranged from Germany’s 24% down to 8% in China. Consumers in China, the world’s largest auto market, were the most enthusiastic, at 84%. —Mark Wakefield, global co-leader of the automotive and industrial practice at AlixPartners. China is by far in the lead in that regard.

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Teslarati

DECEMBER 1, 2021

Tesla China’s Global Vice President Grace Tao recently visited the China EV100 to discuss key issues about developing the auto market. The company surpassed its 2020 guidance last quarter. Supply chain challenges have hit most, if not all, automakers and tech companies hard. expansion project.

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Green Car Congress

APRIL 25, 2017

Industrial and technology group thyssenkrupp has opened a new €10-million (US$10.9 million) development center for engine components in Dalian, China. With the new development center we want to serve our customers in China with even better customized and more efficient products.

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China Chinese 2005 CO2 150

Green Car Congress

DECEMBER 17, 2017

Groupe Renault and Brilliance China Automotive Holdings Limited have signed a contract for the formation of a joint venture to manufacture and sell light commercial vehicles (LCV) under the Jinbei, Renault and Huasong brands with the goal of achieving 150,000 sales annually by 2022 and an acceleration of electrifying powertrains.

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Green Car Congress

NOVEMBER 7, 2021

positioning BYD as a dominant player in China’s plug-in hybrid vehicles market. Globally, the DM-i model also holds an important position. According to China Passenger Car Association (CPCA), BYD Han ranked second among the sales rankings of mid-to-large size sedans, with sales of 10,248 units in September.

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Green Car Congress

SEPTEMBER 8, 2014

The University of California, Davis, and the China Automotive Technology and Research Center (CATARC) have entered a new agreement to work together to help speed the commercialization of plug-in and fuel cell electric cars in China. The collaboration is intended to help expand the global market for zero-emission vehicles (ZEVs).

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Green Car Congress

NOVEMBER 17, 2016

This agreement puts in place measures that U-M and Frontt agreed to in a memorandum of understanding signed last month in China. The Chongqing Sokon Industry Group is a public company that makes and distributes auto parts. It is located in Chongqing in Southwest China. Clean water technology.

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Green Car Congress

APRIL 21, 2014

In conjunction with the start of Auto China 2014 in Beijing, GM China President Matt Tsien announced that GM’s China joint ventures will make capital expenditures of about $12 billion between 2014 and 2017. China has been GM’s largest market since 2010, last year accounting for about one-third of its global sales.

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CN EV Post

MARCH 26, 2023

Image credit: Chery New Energy) Chinese auto giant Chery's new energy vehicle (NEV) division has slashed the prices of several models, becoming the latest car company to do so. percent from 31,367 units a year earlier, according to data from the China Passenger Car Association (CPCA) monitored by CnEVPost. ($1

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Green Car Congress

MARCH 27, 2020

Further, according to the latest IHS Markit forecasts, the global auto industry will exerience an unprecedented and almost instant stalling of demand in 2020, with global auto sales forecast to plummet more than 12% from 2019 to 78.8 during the global recession in 2008/2009. million units.

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Green Car Congress

JULY 31, 2011

Specifically, the firm estimates US auto sales will reach just 12.7 AlixPartners also estimates that on-going unemployment and underemployment could cost the auto industry up to 1.5 —with OEMs in China and India at 5.2%, while suppliers from China and India enjoyed an EBIT margin of 7.5%, the highest in the world.

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Teslarati

OCTOBER 30, 2023

Japanese company and Tesla supplier Panasonic announced plans on Monday to cut domestic production of electric vehicle (EV) batteries due to some vehicle sales being slower than initially planned. He also alluded to the fact that the company may be looking beyond the auto industry for additional customers.

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Setec Powerr

DECEMBER 16, 2022

China is the world’s largest producer of electric vehicles. Judging from the customs data for the first eight months of this year, the contribution rate of my country’s new energy vehicle exports to the growth of automobile exports reached 26.7%, becoming a new bright spot in the foreign trade of the automobile industry.

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Teslarati

SEPTEMBER 15, 2023

During the pandemic, Volkswagen fell behind in the Chinese auto market as companies like BYD, Nio, and Tesla took over, with the competition nearly doubling the market’s EV and hybrid offerings (via Bloomberg ). Our companies are mainly generating their profits abroad, helping to keep jobs in Germany.

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Green Car Congress

SEPTEMBER 20, 2011

a provider of lithium-ion battery cells, modules and systems ( earlier post ), announced $125 million in new funding from a combination of private equity investment and support from China. As part of its plans, Boston-Power is establishing an R&D and EV battery engineering facility in China. Boston-Power, Inc., Reorganizing.

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Baua Electric

MARCH 23, 2024

The auto industry is electrifying, and all new cars will be electric in the relatively near future. And yet, the auto industry – which is responsible for more pollution than any other sector, at least in rich countries – still lobbies to worsen emissions reduction targets, even when those targets were already pushed back to begin with.

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Chinese Auto Auto Industry China 52

Baua Electric

FEBRUARY 1, 2024

Hyundai is set to launch a new EV brand as it looks to gain its share of the largest market globally. China is the undisputed EV market leader. Fully electric vehicles accounted for over 23% of new car sales last year in China, with 6.68 That’s up from 12% just two years ago and around a third of the global market.

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Green Car Congress

APRIL 19, 2011

Volvo Buses and Chinese SAIC Motors have agreed to form a new joint venture company for driveline systems for new energy buses such as hybrids and electric buses. The new company will be owned by SAIC with 60% and by Volvo with 40%. Today, Chinese companies are already at the cutting edge in new energy buses.

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Teslarati

JULY 14, 2021

Tesla China removed its listing for the MIC Model 3 Long Range Dual Motor in the online configurator. There are only two MIC Model 3 trims available in Tesla China’s configurator now: the Model 3 Standard Range Plus and the Model 3 Performance. After all, the Model 3 and Model Y share similar parts.

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Motor Motors Motoring Range 142

Teslarati

AUGUST 3, 2023

This bodes well for Tesla, and it could result in the company not competing with some of its strongest rivals in the country, at least in the near future. Tesla is the world leader in pure electric vehicles, but in China, the company has a number of strong competitors.

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Baua Electric

JANUARY 8, 2024

Duplicitous doublespeak has become de rigueur dialect in the auto industry. “We We strongly believe in EVs,” say auto dealers as they support efforts to slow the EV transition. Tesla, which doesn’t break out sales by region, produced over 1,800,000 globally.) It sold slightly fewer EVs than GM in 2023.

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Baua Electric

JANUARY 5, 2024

At a time when global automakers are looking beyond China towards India for a reliable and best cost base, the Minister of Commerce and Industry Piyush Goyal said the Indian auto industry should target to increase their share of exports to at least 50 percent. lakh worth of components in 2022-2023.

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Cars That Think

MARCH 28, 2023

One looming artifact of the pandemic that remains in 2023—the global chip shortage —has gratefully begun to recede. As Spectrum reported in the months since this story originally posted, the broken supply chains caused by the chip shortage have practically rewired whole segments of the tech industry.

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Green Car Congress

JULY 8, 2010

General Motors and Pacific Century Motors (PCM), an entity formed by The Tempo Group and E-Town, an affiliate of the Beijing Municipal Government, have reached an agreement for GM to sell GM Global Steering Holdings, LLC, commonly known as Nexteer, to PCM. Nexteer Automotive is a global provider of advanced steering and related technology.

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Teslarati

SEPTEMBER 17, 2021

Ives, a Tesla bull, believes the company’s delivery numbers could grow by as much as 300,000 vehicles in the next year, as the company focuses on meeting the one million vehicle delivery mark this year. Tesla Model 3 production line in Gigafactory 3, Shanghai, China. Credit: Tesla).

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Teslarati

MAY 24, 2022

The company has been on a tear over the past years, steadily climbing up the Fortune 500 list as it established itself as the undisputed leader in electric vehicles. billion, and Tesla, of course, represents a revolution in the auto industry. The company had a blockbuster 2021, bringing in $53.8 383 on the list. .”

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Tesla 2020 Auto Industry All-Electric 136

Green Car Congress

SEPTEMBER 11, 2019

Ipsos, the global research and insights organization, explored consumer thoughts in its third annual Global Mobility Navigator Syndicated Study. Todd Markusic, Vice President, Ipsos Mobility, said the Global Mobility Navigator Syndicated Study uncovered interesting insights on how drivers truly feel about self-driving cars.

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Vehicles Insight Purchase Global 191

Green Car Congress

FEBRUARY 17, 2016

China-based technology company LeEco and Aston Martin have signed a Memorandum of Understanding (MOU) towards the creation of a partnership that will develop a production version of the Aston Martin RapidE electric vehicle concept—a fully electric version of the Rapide S four-door sports sedan. Earlier post.). Earlier post.).

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Teslarati

OCTOBER 15, 2021

Rationale: “higher capacity ramp and sustained demand;” specifically, Berlin opening and China 3Q demand. The Jefferies analyst noted that the demand has so far been stable for Tesla, and the company’s production capacity is getting better too. Tesla China posts astounding September numbers with 56k vehicle deliveries.

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Price Tesla China Austin 145

Teslarati

JANUARY 6, 2023

Looking at the stock offerings from Mercedes (XETRA: MBG ), Porsche (XETRA: P911 ), and BMW (XETRA: BMW ) on the German stock exchange in Frankfurt, the companies’ respective stabilities are immediately visible over the past year. Each of these companies has a prime opportunity for growth as they move towards electrification.

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Porsche Mercedes BMW Market 130

Teslarati

APRIL 4, 2022

Tesla analysts from Roth Capital Partners and Deutsche Bank are confident in TSLA stock and the company’s fundamentals. The company produced 305,000 cars in the first quarter. Deutsche Bank analyst Emmanuel Rosner argued that the company still performed well considering its challenges last quarter.

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