Remove Automobile Industry Remove Chinese Remove Companies Remove Parts
article thumbnail

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
article thumbnail

Trump promises 100% tariff on Mexico-built Chinese cars—EV or not

Baua Electric

Former President Donald Trump has announced that he would apply a tariff of 100% to cars built in Mexico by Chinese companies for U.S.-market In a Saturday campaign speech in Dayton, Ohio, Trump said that over a period of 30 years Mexico has taken away 34% of the automobile manufacturing business in the U.S.

Mexico 52
article thumbnail

GAC Group begins construction of $6.5B industrial park for electric and intelligent vehicles

Green Car Congress

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. The company ranked 5 th among all brands in J.D.

article thumbnail

Nidec to form electric traction motor JV with a subsidiary of Guangzhou Automobile Group

Green Car Congress

Among all the products in the market, companies’ attention and Nidec’s particular focus are on the traction motor, one of the most important components to replace the existing internal-combustion engine. GAC Components mainly manufactures automobile interior parts, electric components, etc. billion) in 2030.

article thumbnail

Volkswagen Group and SAIC to produce EVs and PHEVs in China

Green Car Congress

The company said that it will also intensify its local research in the fields of fuel cells and plug-in hybrid vehicles as well. These agreements form part of the total investment of €22 billion (US$24.5 Today’s agreement lays the foundation for the further expansion of our commitment to Chinese society and the environment.

China 150
article thumbnail

China realizes charging piles, complete vehicles and accessories to go overseas

Setec Powerr

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. China Pinti Auto Parts sells well all over the world.

China 52
article thumbnail

Better Place, China Southern Grid sign strategic agreement on battery switching; Guangzhou accord to encourage production of EVs with switchable batteries

Green Car Congress

CSG) signed a strategic agreement calling for the companies to open a battery switch station and joint education center in Guangzhou before the end of the year, while working to formalize a joint-venture partnership. Better Place and China Southern Power Grid Co. CSG is the world’s eighth-largest utility, according to the Fortune Global 500.

Grid 299