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China-based and -focused CCID Consulting estimates that the China passenger vehicle market will need at least 1.802 million tons of aluminum sheets annually, assuming that aluminum replaces 15% of the steel used in automobilemanufacturing by 2015. The sales volume is expected to reach 25.287 million by 2015.
Ford announced that Mustang Mach-E, its first global pioneering SUV built on an all-new, all-electric platform, will be manufactured in China by Changan Ford for local customers. Mustang Mach-E will become available in China later this year. Ford is investing more than $11.5 billion in electric vehicle development through 2022.
BMW Brilliance Automotive (BBA) has become the first automobilemanufacturer to enable full 5G wireless coverage at all its plants. With this development, BBA becomes the first automobilemanufacturer to use 5G technology in automotive development and production. Full 5G coverage, transfer rate of 1 Gbps.
LUXGEN, an automobile brand established by Taiwan’s Yulon Group, is a full automobilemanufacturer and a dedicated integrator of automotive and smart IT technology.
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 AutomobileManufacturers. People’s Daily.
China BAK Battery, Inc. will supply high-power Li-ion batteries to Brilliance Auto Group, one of the largest state-owned automobilemanufacturers in China. Under this arrangement, China BAK will deliver a sample order of five lithium-ion high-power battery units to Brilliance Auto by July 2012.
China is forecast to produce a record 12 million vehicles this year, according to an official with the National Development and Reform Commission (NDRC). Sales of China’s domestically-made automobiles totaled 1.09 In January, China cut the purchase tax on passenger cars to 5% for models with engine displacements of less than 1.6
Li-ion battery manufacturerChina BAK Battery, Inc. has entered into a strategic cooperation program to develop electric vehicle (EV) battery modules and high-capacity battery products with input from FAWER Automotive Parts Limited Company, a subsidiary of China FAW Group Corporation, one of China’s leading vehicle manufacturers.
China-based Contemporary Amperex Technology Co., In recent years, as vehicle electrification has accelerated worldwide, the company has won recognition from many automobilemanufacturers both in China and overseas.
Automobile sales in China in March jumped up 55.8% year-on-year to a record 1,735,100 units, according to figures from the Automobile Association, the Ministry of Information Industry cited by the China Association of AutomobileManufacturers (CAAM). In 2009, vehicle sales in China rose to some 13.6
China Daily. China’s central government plans to implement a new policy in the first half of this year to encourage auto industry consolidation and further the development of Chinese-brand passenger vehicles, an official from the Ministry of Industry and Information Technology said at a recent news conference. of the total.
China BAK Battery, Inc., one of the largest lithium-ion battery cell manufacturers as measured by production output, has begun to execute a contract with Jilin Hi-tech Electric Vehicle Co., Ltd, an affiliated company of First Automobile Group Co., Xiangqian Li, CEO of China BAK. Earlier post.). Earlier post ).
The BMW Group is in advanced discussions to ramp up the global success of its MINI brand through a new joint venture in China. To this end, the BMW Group has signed a letter of intent (LoI) with the Chinese manufacturer Great Wall Motor. The BMW Group has no plans to set up an additional sales organisation in China.
SAIC Motor Corporation Limited and Infineon Technologies AG established a joint venture to manufacture power modules for the developing electric vehicle market in China. SAIC Motor is the largest OEM in China and thus an outstanding partner to further strengthen and expand our position. million units in 2020 and 4.3
General Motors China and China FAW Group Corp. The new 50-50 joint venture between GM China and FAW is based in Changchun, Jilin. which is located in Ha’erbin, Heilongjiang, and FAW’s share in Hongta Yunnan AutomobileManufacturing Co., It is focused on the production and sale of light-duty trucks and vans.
In China, Honda will strive for a BEV/FCEV sales share of 40% by 2030, 80% by 2035 and 100% by 2040. In China, the company has been introducing EV models while utilizing local resources; Honda will further accelerate this approach from here forward. Advanced Battery Technology.
StreetScooter GmbH, a subsidiary of Deutsche Post and market leader for electric light commercial vehicles (eLCV), has signed a memorandum of understanding (MoU) with the Chinese automobilemanufacturer Chery Holding Group (Chery) establishing a joint venture between the two companies. Total investment could be up to €500 million.
ZAP and Jonway Group announced they had earlier signed definitive agreements according to which ZAP will acquire 51% of Zhejiang Jonway Automobile Co. as part of a strategy to capitalize on the growing automotive and electric vehicle (EV) market in China. Jonway is ISO 9000 and China Compulsory Certification (CCC) certified.
Liu Shijin, deputy director of the Development Research Center of the State Council, one of China’s top government think tanks, told a forum that the government should shift its guidance to automakers from mere pursuit of output capacity to environment-friendly and energy-saving targets.
Furthermore, the all-electric BMW iX3 ( earlier post ) to be produced by BBA—the first BMW brand model to be driven purely by electric power—is planned for export to markets outside of China. The next chapter of our cooperation has the potential to go beyond our existing motto: in China, for China.
In a bid to accelerate the elimination of high-emissions and polluting vehicles and stimulate automobile consumption, the government rolled out the “old car for new” subsidy last June—encouraging people to replace their old cars. China Association of AutomobileManufacturers (CAAM) said that Chinese auto sales rose 47.67% year on year to 9.02
In the future, Schaeffler will supply beam axles to automobilemanufacturers, particularly in North America. Schaeffler has already secured its first orders for electric beam axles from automobilemanufacturers. Schaeffler manufactures components for electric axles at several locations worldwide.
Honda Motor (China) Investment Co., a wholly-owned Honda subsidiary in China, plans to stage the world premiere of an all-new concept model as well as other new Honda models at Auto Shanghai 2015 (The 16th International Automobile & Manufacturing Technology Exhibition, press days: April 20-21, 2015, public days: April 22-29, 2015).
US-based electric vehicle provider ZAP and China auto manufacturer Zhejiang Jonway Automobile Co. have entered a commercial agreement to produce electric sport utility vehicles (SUVs), cars and other electric vehicles in China for domestic and global distribution. The Jonway A380. Click to enlarge.
Ford is introducing a family of four new global SUVs in China, which the company unveiled at 2012 Auto China in Beijing: the new Ford EcoSport ( earlier post ), offered with the 1.0L These new SUVs are part of Ford’s planned introduction of 15 global vehicles to China by mid-decade. Cutaway of the 1.0L Click to enlarge.
China-based automobilemanufacturer 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. —Yu Jun, General Manager of GAC Motor.
The China Association of AutomobileManufacturers (CAAM) has shared its new energy vehicle (NEV) sales numbers for October, showcasing that EV adoption is at an all-time high, surpassing September 2024, which was the previous record.
GWh of passenger EV battery capacity was deployed in China, an increase of 439% over January 2018 levels, inferring from a model-by-model build-up using Adamas Intelligence’s ‘EV Battery Capacity and Battery Metals Tracker’. Despite traditionally being a seasonally-slow month for the EV market, in January 2019, 3.27
Bolstered by government stimulus plans, sales of autos in China likely reached a record high of 1.15 million units, according to estimates from the China Association of AutomobileManufacturers (CAAM). People’s Daily. Official figures for vehicle production and sales are scheduled for release next Monday.
China-based GigaDevice Semiconductor, a manufacturer of flash memory, 32-bit microcontrollers (MCUs), sensors, and analog technology, has shipped 100 million units of its leading automotive-grade (AEC-Q100) GD25/55 SPI NOR and GD5F SPI NAND flash series.
Furthermore, the all-electric BMW iX3 ( earlier post ) to be produced by BBA—the first BMW brand model to be driven purely by electric power—is planned for export to markets outside of China. The next chapter of our cooperation has the potential to go beyond our existing motto: in China, for China.
Sales of domestically-produced vehicles in China rose 64% in July year-on-year, surpassing the one-million unit mark for the fifth month in a row, according to the China Association of AutomobileManufacturers (CAAM). Sales totalled 1.09 million units. Sales of passenger cars jumped 71% to 832,600 units in July.
The production and sales of plug-in vehicles in China boomed last year, according to statistics from CAAM (China Association of AutomobileManufacturers). Total production reached 78,499 units, 3.5 times the number in 2013. times and 8.1 times the numbers of 2013.
million between January and November 2022, according to the Society of Indian AutomobileManufacturers (SIAM). from 2021, according to data from the Japan Automobile Dealers Association and the Japan Light Motor Vehicle and Motorcycle Association. In 2021, China continued to lead the global auto market, with 26.27
The company designs, engineers, manufactures and sells electric power steering, hydraulic power steering, steering columns and driveline halfshafts for more than 60 automobilemanufacturers and tier one suppliers. Tempo is a manufacturer of complex automotive components, serving automotive OEMs worldwide.
China-based NaaS , an EV charging service company, is partnering with Hyundai Motor Group (China), to develop efficient charging management services for Hyundai car owners. Increasingly, investment in charging infrastructure has been devoted in China to meet the growing demand for charging.
General Motors and its joint ventures’ retail deliveries rose 15% year-on-year to a record 327,037 vehicles in China in October, with Buick posting its best-ever monthly sales. —GM Executive Vice President and GM China President Matt Tsien. The model is the first vehicle in China with OnStar 4G LTE capability.
China represents a huge, and growing, market for new car sales. The China Association of AutomobileManufacturers released production data for 2013.' But when it comes to choosing greener cars, the country lags far behind the U.S.,
Tesla became one of the first automakers in China to earn a “Vehicle Privacy Protection” certification. This was according to an announcement from the China Association of AutomobileManufacturers and the National Computer Network Emergency Response Technical Team/Coordination Center of China.
Synergy) to provide FCvelocity-9SSL fuel cell stacks for use in commercial buses in China. The ESA for fuel cell stacks signed today is in addition to agreements that Ballard previously announced for heavy-duty power applications in China. Dongfeng Motor Corporation is the largest manufacturer of commercial vehicles in China.
Chinese truck and utility vehicle manufacturer Beijing Foton has launched the China Internet Super Truck Global Innovation Alliance and showcased the Auman EST (Energy Super Truck) at an event in Athens, Greece.
The European AutomobileManufacturers’s Association (ACEA) has signed a cooperation agreement with the China Association of AutomobileManufacturers (CAAM) in Beijing. ACEA Secretary General Ivan Hodac welcomed the agreement as an important milestone in the ACEA activities in China.
Dongfeng) have formed a new joint venture to co-develop and sell electric vehicles (EV) in China. It will draw on the global leadership on EV technologies and cost-effective car design experience from the Alliance, and the competitive manufacturing costs from Dongfeng. Renault, Dongfeng and Nissan (China) Investment Co.,
The British premium automobilemanufacturer MINI is realigning its model range, with a focus on drivetrain technologies, vehicle segments and services of the future. Increased commitment to the automotive market in China. Currently, around 10% of all new vehicles produced for the brand are delivered to customers in China.
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