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TTTech Auto expands in China with MotionWise software platform for automated driving

Green Car Congress

TTTech Auto , the Vienna-based provider of automotive safety software, is expanding its operations with a dedicated subsidiary in China. TTTech Auto already has a presence in the Chinese market through its joint venture Technomous operated together with SAIC Motor, China’s largest automotive manufacturer.

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Mexico Won't Offer EV Incentives to Chinese Automakers

The Truth About Cars

Chinese automakers are expanding into Mexico, with companies like BYD opening dealerships across the country. Automotive News reported that the country would not offer tax incentives or land discounts to Chinese automakers. Mexico is no stranger to Chinese auto companies, as there are around 20 already selling vehicles in the country.

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Auto supplier Forvia posts organic sales growth for Q1 on strong N.America – ET Auto

Baua Electric

billion euros worth of new orders in the quarter, more than half of which came from Asia on the back of new deals with Chinese automakers. European automotive supplier Forvia reported higher organic sales for the first-quarter on Thursday driven by strong North America, and said new awards from Chinese carmakers had boosted quarterly orders.

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CRU: Chinese EV sales hit hard by COVID-19 outbreak, but only for short-term

Green Car Congress

The COVID-19 has hit the Chinese EV sector hard; CRU, a provider of business intelligence on the global metals, mining and fertilizer industries, believes that weak sales will last at least until early Q2 2020. Nonetheless, it continues to forecast Chinese EV sales growth in 2020 over 2019’s total.

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Car parts maker Valeo posts lower first-quarter sales on weak EV demand – ET Auto

Baua Electric

Car parts makers face slowing auto production, leaving suppliers with excess capacity, and are striving to reduce costs, including laying off workers, as Chinese EV makers expand in Europe. It reported quarterly sales of 5.43 As a result, EV high-voltage activity almost halved in the quarter, the CEO said. billion euros (USD 5.82

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XPENG, NIO, Li Auto Report EV Sales Increases In August

Electric Cars Report

Chinese premium electric vehicle makers, XPENG, NIO and Li Auto announced their vehicle delivery numbers for the month of August and their combined results were a record for any month. Since the start of […] The post XPENG, NIO, Li Auto Report EV Sales Increases In August appeared first on Electric Cars Report.

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33% Plugin Vehicle Market Share In China — February 2024 Sales Report

CleanTechnica EVs

Plugin vehicles are all the rage in the Chinese auto market, even in the slowest month of the year — due to the Chinese New Year celebrations. continued] The post 33% Plugin Vehicle Market Share In China — February 2024 Sales Report appeared first on CleanTechnica.

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