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Volkswagen releases design sketch for ID.AERO fully-electric sedan; Chinese market first

Green Car Congress

AERO concept vehicle, a fully-electric limousine planned for the Chinese automobile market. AERO concept is expected to go on sale in the Chinese automobile market in the second half of 2023. AERO concept for the European and North American automobile markets will then start at the Volkswagen plant in Emden.

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Stellantis & Leapmotor joint venture gets approval from Chinese regulator

Teslarati

It acquired 20% of the Chinese automakers, making it a significant shareholder. Tesla’s China deals concerns chair of US Congressional Committee In a statement to Reuters , Leapmotor shared that its first EV model for the overseas market will be launched for sale in Germany, France, Italy, and Spain. billion in Leapmotor.

Chinese 95
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Stellantis production affected by cyberattack on Chinese supplier

Teslarati

Multiple car brands under Stellantis were affected by a cyberattack on Chinese supplier, Yanfeng International Automotive Co. Yanfeng supplies automobile manufacturers with car parts including electronics, seats, interiors, and other components. billion in the Chinese company.

Chinese 90
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Chinese language EV maker Nio cuts costs, ends distant battery swapping as gross sales slide

Baua Electric

Nio mentioned on Monday it might decrease costs for all its fashions and finish distant battery swapping services and products to fresh patrons, because the Chinese language electrical automobile maker faces mounting drive over profits losses and lukewarm gross sales. Its internet loss reached 4.7

Chinese 52
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Mitsubishi Chemical strengthens production capacity of graphite anode materials in China; possible production in Europe and US

Green Car Congress

Mitsubishi Chemical Holdings Group (MCHG) will increase the production capacity of natural graphite anode material from 2,000 tons/year to 12,000 tons/year at its Chinese subsidiary Qingdao Anode Kasei and affiliated company Qingdao Lingda Kasei. The production line is scheduled to start operation in the first half of fiscal 2023.

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BYD, Toyota to establish joint company for battery-electric vehicle research and development

Green Car Congress

and Toyota Motor Corporation signed an agreement to establish a joint company to research and development for battery-electric vehicles (BEVs). Core parts for electrified vehicles such as batteries, motors and power electronics are among the products that BYD develops in-house. BYD Company Ltd.

BYD 283
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Volkswagen Group & Anhui Jianghuai Automobile (JAC) jointly to develop EVs in China; new JV focused on NEVs

Green Car Congress

Volkswagen AG and Anhui Jianghuai Automobile Co., We believe this cooperation would not only benefit our two organizations, but would also be of great value to our customers, a sound environment and the Chinese society in general. —An Jin, Chairman of the Anhui Jianghuai Automobile Co., Anhui Jianghuai Automobile Co.,