CN EV Post

MARCH 20, 2023

Li Auto leads the pack with superior execution, but risk-reward increasingly favors XPeng and NIO after a drastic sell-off this year, Morgan Stanley said. However, in Morgan Stanley's view, the sales potential of China's EV companies in the second half of the year is underestimated at a time when costs are sliding. "We

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Teslarati

APRIL 29, 2024

Amidst Elon Musk’s unannounced trip to Beijing, China this weekend, reports have emerged indicating that Tesla has partnered with domestic internet giant Baidu for its vehicles’ mapping and navigation. The partnership is expected to help Tesla overcome hurdles for the release of its Full Self-Driving (FSD) system in China.

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Baua Electric

MAY 21, 2024

Even as CV industry players, including Ashok Leyland launch CNG and LNG trucks, these fuel need not be pushed as that may amount to “just distracting ourselves”. The Union Government’s directive to the industry is also clear – move away from fossil fuels including diesel. For the CV industry , it can be a case of easier said than done.

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Baua Electric

FEBRUARY 29, 2024

“World over, the industry is building resilient supply chains by reducing overdependence on any particular country or geography,” said Shradha Suri Marwah, president of ACMA. Automakers and their suppliers are likely to make this investment between FY24 and FY28, industry body Automotive Component Manufacturers Association ( ACMA ) said.

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Green Car Congress

NOVEMBER 24, 2020

Later this year, Buick will become the first brand in China officially to roll out the market-ready technology on a production vehicle, a Buick GL8. Past work on V2X in China. It was the first multi-industry demonstration of interoperability of C-V2X, for which China recently announced its official frequency.

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Green Car Congress

NOVEMBER 2, 2022

Farizon Auto, the new energy commercial vehicle brand from Zhejiang Geely New Energy Commercial Vehicle Group (a subsidiary of Geely Holding) raised more than US$300 million in its first external financing round. Farizon Auto’s new energy semi, the Homtruck, is planned for delivery in early 2024. Earlier post.). Earlier post.).

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The Truth About Cars

JANUARY 17, 2024

The telecommunications giant has established Shenzhen Yinwang Intelligent Technology with a registered capital of 1 billion yuan ($140 million USD) and a focus on smart car equipment manufacturing, artificial intelligence system integration services, and AI software development.

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The Truth About Cars

AUGUST 14, 2023

million units manufactured in 2022. Though enormous, BYD isn’t satisfied with dominating its home market and wants the rest of the Chinese electric auto industry to come with it. Though it’s behind Tesla in global sales, BYD is king in China. The Chinese giant is one of the world’s busiest EV automakers, with almost 1.9

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Baua Electric

MAY 9, 2024

New Delhi: It is no secret that Chinese component makers are aggressively scouting global markets for increasing their already tight grip on the nascent battery electric vehicle (BEV) industry. Sona Comstar has manufacturing facilities in China, Mexico and USA apart from India.

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Baua Electric

APRIL 25, 2024

Both Tencent, a gaming and social media giant and Baidu, China’s leading search engine, have been leaders in the country’s generative AI race. Just a few years ago, Japanese car companies were some of the most prominent foreign brands in China. It saw its sales in China fall 1.7%

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Baua Electric

APRIL 27, 2024

Renault already partners with China’s Geely in thermal and hybrid powertrains, and collaborates with tech companies Google and Qualcomm in smart cockpits. China disputes the claim and has accused Europe of protectionism.

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Baua Electric

APRIL 26, 2024

It’s taken Huawei just four years to become a force in smart car technology , navigating the devastation of trade sanctions on its smartphones business while simultaneously developing a driver assistance system that is the darling of the Beijing auto show. ” said Evangelos Simoudis, an investor and corporate adviser.

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Baua Electric

APRIL 28, 2024

This came close on the heels of Tesla introducing fresh incentives in the world’s largest auto market to attract consumers. Tesla CEO Elon Musk ‘s surprise visit to China has proven to be a strategic move yielding significant results. This is according to the China Association of Automobile Manufacturers.

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Green Car Congress

JULY 13, 2023

Johnson Matthey (JM) signed an investment agreement with the Jiading District in Shanghai to help accelerate the hydrogen economy in China. This is a landmark investment for our business as we build our footprint in the US, Europe and now China, cementing our presence in all three major hydrogen markets.

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Baua Electric

APRIL 25, 2024

But other Chinese automakers, including state-run companies that were later entrants to the EV race, have closed the gap on sub-USD 10,000 EVs at the Beijing auto show that began Thursday. Last year, BYD shocked the automotive industry with the release of its Seagull EV, now priced under USD 10,000, at the Shanghai auto show.

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The Truth About Cars

APRIL 11, 2024

China had long been a sort of a sleeping giant in the world economy, though it hasn’t been so sleepy over the last few decades. The country’s tech, automotive, and manufacturing industries have become juggernauts in their respective sectors, and the Chinese auto industry has solidified itself as a global force.

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Green Car Congress

FEBRUARY 4, 2022

TTTech Auto, a Vienna-based technology leader in automotive safety software, raised US$285 million (€250 million) from Aptiv PLC and Audi in its latest funding round. With this latest funding round and a valuation of more than US$1 billion, TTTech Auto confirms its strong position amid a growing number of auto tech unicorns.

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CN EV Post

MARCH 29, 2023

Price war has been the most talked about topic in China's auto industry this month, and the imminent implementation of a new emissions standard is seen as a major factor. On March 23, China's Auto Dealers Chamber of Commerce (CADCC) called on regulators to delay the implementation of the China 6b emissions standard.

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Baua Electric

FEBRUARY 2, 2024

New Delhi: Continental Tire, the tyre manufacturing arm of the Continental Group, has estimated the tyre industry in India might double by 2030. This industry should double the revenues by 2030,” Samir Gupta , MD of Continental Tires India, told ETAuto on the side-lines of Bharat Mobility Expo 2024.

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CN EV Post

OCTOBER 4, 2023

Ursula von der Crazy wants to kill what's left of the German auto industry since 25% of their profits come from China. No problem since Chinese auto manufacturers will just fill the void. @Aaron McFarland In reply to Aaron McFarland.

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Baua Electric

MARCH 13, 2024

Nio has for years pursued a strategy of developing end-to-end technologies for EVs including advanced manufacturing, batteries, autonomous driving and chips. Nio has for years pursued a strategy of developing end-to-end technologies for EVs including advanced manufacturing, batteries, autonomous driving and chips.

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Baua Electric

MAY 6, 2024

Photo: Heliene Booming investment in solar and battery manufacturing is rapidly becoming a powerful global economic driver, according to a new report from the International Energy Agency (IEA). Spending on solar PV manufacturing more than doubled last year, while investment in battery manufacturing rose by around 60%.

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Green Car Congress

MAY 9, 2017

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 billion yuan (US$679 million).

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Baua Electric

MAY 22, 2024

Along with neighbouring Spain, the country wants to take advantage of local lithium deposits, aiming to cover the entire value chain from mining and refining to cell and battery manufacturing to battery recycling. Once the raw material is refined, Lifthium’s main clients would be EV battery and car manufacturers.

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Teslarati

DECEMBER 5, 2023

Tesla China’s insurance registrations for the week ending December 3, 2023, showed an improvement compared to the previous week, which was already quite impressive in its own right. Over the week of November 27-December 3, Tesla saw over 17,400 insurance registrations across China. for the week of 11/27-12/3.

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Green Car Congress

OCTOBER 8, 2020

For example, over the last few years Ipsos has found the highest level of knowledge about BEVs in China. The auto industry has seen this need to improve familiarity in the past, with some advanced driver assist features such as ACC and even autonomous driving. This was followed by a BEV which uses more advanced technology.

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CN EV Post

APRIL 11, 2023

The CAAM proposes that China's central and local governments continue to introduce policies to promote auto consumption, given the current weak market expectations. China's new energy vehicle (NEV) sales in March were 653,000 units, up 34.8 China's new energy vehicle (NEV) sales in March were 653,000 units, up 34.8

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Teslarati

JUNE 14, 2023

” “On the manufacturing axis, the car body will be constructed from three main components in a new modular structure. It involves the use of house-sized machines that are able to produce aluminum parts that are significantly bigger than anything traditionally used in auto manufacturing.

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Baua Electric

MAY 16, 2024

End markets are mixed with weak industrial and auto markets, but strong image sensors, power chips, microcontrollers and other markets, Applied Materials Chief Financial Officer Brice Hill said on a post-earnings call. The company expects third-quarter adjusted profit per share between USD 1.83

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Baua Electric

MARCH 9, 2024

India will soon start making equipment for semiconductor manufacturing , Union telecom and IT minister Ashwini Vaishnaw said on Saturday. “The entire semiconductor ecosystem of fabs, ATMP units, chemicals, gases, substrate, consumables and equipment for semiconductor manufacturing will be made in India,” he said.

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Green Car Congress

JULY 9, 2012

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. —Energy-saving and new energy vehicle plan.

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Green Car Congress

JANUARY 21, 2021

Geely Auto Group and Tencent signed an agreement to carry out strategic cooperation in the fields of digitalization, intelligent cockpits, autonomous drive, and low-carbon development. Through this partnership, Geely and Tencent will also promote low-carbon development of the automotive industry and carbon neutrality as an industry goal.

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Green Car Congress

OCTOBER 29, 2010

The 12 th Five-year Plan for China’s auto industry reportedly will make developing new-energy vehicles the top priority. China is targeting annual new-energy automobile sales of 1 million units by 2015, according to the China Association for Automobile Manufacturers. People’s Daily.

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Auto Industry Industrial Industry China 218

Baua Electric

APRIL 19, 2024

Forvia, which supplies parts to Stellantis, Volkswagen and Ford, and is also active in China, is affected by falling auto demand and competition from Chinese manufacturers. Organic revenue growth in North America was 6.8%, mainly driven by higher sales in the seating business, while auto production increased by 1.4%.

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Baua Electric

JANUARY 23, 2024

ZF Friedrichshafen, which makes transmissions, shock absorption systems, and chassis components for more than 55 auto brands and is Germany’s second-largest supplier after Bosch, said it could axe as many as 12,000 people in a “worst-case scenario” by 2030, reports The Financial Times. FTC: We use income earning auto affiliate links.

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Auto Industry Auto Industrial Industry 52

Green Car Congress

OCTOBER 17, 2018

Groupe Renault and Brilliance China Automotive Holdings Limited (Brilliance), who earlier this year formed Renault-Brilliance-Jinbei Automotive Co., Renault also confirmed plans for three new electric light commercial vehicles for China within two years. China is also the biggest, fastest growing EV-market in the world.

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Baua Electric

MAY 9, 2024

Automotive battery manufacturers have been hit by slowing growth in EV demand in the United States and Europe and cut-throat competition in China. Panasonic Energy faces fierce competition from other Asian battery makers such as China’s CATL and South Korea’s LG Energy Solution. billion yen (USD 570.18

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