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Toyota Motor and five Chinese OEMs—China FAW Corporation Limited (FAW); Dongfeng Motor Corporation (DFM); Guangzhou Automobile Group Co., FCRD's primary business will be the development of fuel cell systems for commercial vehicles to contribute to the realization of a clean mobility society in China.
Groupe Renault is setting a new strategy for China, based on Electric Vehicles (EV) and Light Commercial Vehicles (LCV). With 860,000 electric vehicles sold in China in 2019, China is by far the largest EV market in the world. RBJAC), launched in December 2017, is Groupe Renault’s spearhead for its LCV business in China.
California-based Balqon Corporation, a developer of heavy-duty electric vehicles, drive systems and lithium battery storage devices ( earlier post ), has entered into a Joint Development Agreement with China-based Sichuan Automobile Industry Co., Sichuan Automobile Industry Co.
Toyota Motor Company and Beijing SinoHytec have established a joint venture company to promote the commercial vehicle fuel cell system industry in China. Last year, Toyota Motor and five Chinese OEMs—China FAW Corporation Limited (FAW); Dongfeng Motor Corporation (DFM); Guangzhou Automobile Group Co.,
a China-based manufacturer and developer of battery electric vehicles (EVs) and all-terrain vehicles (ATVs), announced that its wholly owned subsidiary, Zhejiang Kandi Vehicles Co., signed a cooperative letter of intent (LOI) with China Aviation Lithium Battery Co., Kandi Technologies Corp.,
China South Industries Group Corporation, Changan Automobile Group’s main shareholder, and PSA Peugeot Citroën have signed a contract to create an equally owned joint venture to produce and market light commercial vehicles and passenger cars in China.
Ford China posted record January sales of 94,466 wholesale vehicles, up 53% compared to 61,567 in January 2013. Ford China passenger car sales—which include imported car—accounted for 72,598 vehicles, a year-on-year sales increase of 63% compared to 44,439 sold in January 2013.
Volvo Cars China and Shanghai International Automobile City Group—a local government supervision authority— will undertake a demonstration program with two Volvo C30 Electric cars in the community of Jiading outside Shanghai. In June 2011, Volvo Car Corporation started the production of the Volvo C30 Electric.
Ford China posted a 32% sales increase in July 2012, with 42,560 wholesale units sold. Year to date, Ford China has sold 319,882 wholesale units, up 4% from January – July 2011. At Beijing’s Auto China 2012, Ford unveiled three new SUVs for China: the EcoSport, Kuga and Explorer.
The China Iron and Steel Research Institute Group (CISRI) recently held a press event in Beijing highlighting its successful development of a third generation of automotive steel, intended to significantly decrease vehicle weight and improve crash safety. People’s Daily.
Ford China broke sales records for a third consecutive month in November. Led by strong sales of the Ford Focus—the best-selling passenger car in China from August through October—Ford sold 67,505 wholesale vehicles last month, a 56% increase compared to November 2011. Ford China’s year-to-date sales are now up 18%.
The US-China Electric Vehicles Initiative builds on the first-ever US-China Electric Vehicle Forum in September 2009. A US-China task force will create a multi-year roadmap to identify R&D needs as well as issues related to the manufacture, introduction and use of electric vehicles. Joint technical roadmap.
Sixteen enterprises owned by China will establish the “Association of the Electric Vehicle Industry” next week. Global Times. According to terms of a draft on the association, setting unified standards on industrial technology will be rooted as a short-term goal.
Li-ion battery manufacturer China 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.
GTMC), Toyota Motor Corporation’s (TMC) vehicle-production and sales company established jointly with Guangzhou Automobile Group Co., GTMC was established in 2004 as a base for Toyota-brand vehicle production and sales in China. and Toyota Motor (China) Investment Co., GAC Toyota Motor Co., TMCI) owns 19.5%.
Better Place and China Southern Power Grid Co. The agreement, which focuses on joint electric car and infrastructure projects in CSG’s service areas, will further advance electric cars with switchable batteries in China. —China Southern Grid Chairman Zhao Jianguo.
Ford sales in China are up 7% for the first 11 month of this year. From January to November 2011, Ford China sold 470,152 wholesale vehicles compared to 438,636 vehicles last year. Ford Focus achieved another milestone in November; since its launch, Ford sold more than 800,000 wholesale units in China.
BMW Group and its Chinese joint venture partner Brilliance China Automotive Holdings Ltd. The plug-in was developed exclusively for the Chinese automobile market and produced at the Shenyang site. Series production of the automobile is to start in China in 2013. This also applies to field testing of the BMW ActiveE.
Ford Motor Company’s commercial vehicle investment in China will expand into the heavy truck business through a major acquisition: Jiangling Motors Corporation (JMC)—in which Ford holds a 30% stake—will buy a 100% stake in Taiyuan Changan Heavy Truck Company. —Dave Schoch, chairman and CEO, Ford Motor China.
Toyota Motor Corporation (TMC) announced that GAC Toyota Engine Co. Ltd (GTE), a joint venture company established with Guangzhou Automobile Group Co. Ltd (GAC), began production in October of a lineup of four-cylinder, in-line AR engines at its plant in Nansha, Guangzhou City, Guangdong Province, China. liter, a 2.7-liter
China-based Contemporary Amperex Technology Co., Limited (CATL) and Toyota Motor Corporation have entered into a comprehensive partnership agreement for the stable supply and further development of New Energy Vehicle (NEV) batteries.
Japan-based Toyota Tsusho Corporation, a Toyota group company, is considering building a strategic partnership for the promotion and operation of electric vehicle charging infrastructure business in China. China Potevio builds and operates infrastructure for charging electric vehicles in China through its subsidiaries.
Ford Motor Company has delivered its best ever first-half new vehicle sales of 301,524 units in China during the first six months of 2010, representing 53% compared to sales figures from January to June 2009. The popularity of the Ford Fiesta among China’s young generation helped the nameplate continue to gain market share.
China XD Plastics Company Limited, a manufacturer engaged in the development, manufacture, and distribution of modified plastics primarily for use in automotive applications in China, has signed an exclusive agreement with Ningbo Huazhong Plastic Products Company Limited to develop and supply modified plastics for use in electric vehicles.
Leading motor manufacturer Nidec Corporation will form a joint venture with GAC Components Co., a member of China-based Guangzhou Automobile Group Co., GAC Components is a subsidiary of major Chinese car manufacturer Guangzhou Automobile Group with the sixth-largest market share in the increasingly environmentally strict China.
and Anhui Jianghuai Automobile Co. JAC ) will explore a potential engine joint venture to develop, build and market advanced diesel engines for commercial vehicles in China. Diesel engines produced by the new venture would primarily be used in China, as well as certain export markets. Anhui Jianghuai Automobile Co.
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 and its joint ventures set a new August sales mark in China, with sales rising 7.3% Ford China also posted its highest-ever August sales, with 48,631 wholesale units sold, up 39% from last year. SAIC-GM-Wuling’s sales in China rose 3.4% Buick sales in China were up 2.8% Ford China. to 106,500 units.
Ford China has sold 647,849 wholesale units in the first three quarters od 2013, an increase of 51% compared to the same period last year. Driven by continued strong demand for Ford’s new product lineup in China, September sales increased by 61% with 96,111 wholesales sold, compared to 59,570 sold in September last year.
Balqon Corporation, a developer and manufacturer of heavy-duty electric vehicles, lithium-ion battery energy storage products and electric drive systems ( earlier post ), has received an order from Winston Global Energy, headquartered in Shenzhen China, for 300 electric drive systems at a purchase price of approximately $53,000 per unit.
Ford and its partners are building a new engine plant in China to support future products and growth plans. Ford’s joint venture, Changan Ford Mazda Automobile Ltd (CFMA) signed a Memorandum of Understanding today with the Chongqing Municipal Government to build a new engine plant in Chongqing. We have big plans for China.
Balqon Corporation, a developer and manufacturer of zero emissions, heavy-duty electric vehicles and drive systems ( earlier post ), has received a $490,000 order for electric drive systems under a new dealer agreement with DynaProTech, a leading composite automotive parts manufacturer in the People’s Republic of China.
Eaton Corporation’ superchargers will make their debut in China on selected new engines on three vehicle models from Chery Automobile Co., We are pleased to cooperate with Eaton and bring these high-performing superchargers to the China market. the country’s leading independent automaker: Chery 1.6S Tiggo, 1.3S
(TTE), the developer of the concept Detonation Cycle Gas Turbine (DCGT) for heavy-duty vehicle applications ( earlier post ), has signed a strategic alliance agreement with China-based Aerospace Machinery & Electric Equipment Company, Ltd.
Ford China posted record monthly sales of 103,815 vehicles in March, a 28% increase over March 2013, crossing the 100,000 monthly sales mark for the first time. Ford’s passenger car joint venture Changan Ford Automobile (CAF) saw sales rise 52% in the first quarter, with 195,198 vehicles sold compared to 128,006 in the first quarter of 2013.
and Toyota Motor Corporation signed an agreement to establish a joint company to research and development for battery-electric vehicles (BEVs). TMEC) and the R&D centers established at Chinese joint-venture companies with China FAW Group Corporation (FAW) and Guangzhou Automobile Group Co., BYD Company Ltd.
China Yuchai International Limited announced that its main operating subsidiary, Guangxi Yuchai Machinery Company Limited (GYMCL) and GYMCL’s joint venture company, Y&C Engine Co., Y&C Power is the joint venture company formed in 2009 between GYMCL, China International Marine Containers Containers Group Ltd and Chery Automobile Co.,
The ChangAn CA18 FlexDI Concept Engine shown at Auto China 2008. Orbital Corporation Limited and Chongqing Changan Automobile Co., Ltd, China’s fourth largest automotive manufacturer, have entered into a joint development contract for a concept engine. Tags: China Engines. Click to enlarge. Earlier post.).
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. With this aim, Honda will be starting development for testing in Japan from this year.
Guangzhou Automobile Group Co., and Toyota Motor Corporation signed a Strategic Cooperation Framework Agreement to deepen their partnership in the fields of electrification and intelligent networking. Chairman of Guangzhou Automobile Group Zeng Qinghong (left) and Toyota President Akio Toyoda (right).
Geely Holdings and Kandi Technology Corporation have created a framework of cooperation which will see the two companies work together in a new joint venture company involved in the research and development, production, investment, and marketing of electric vehicles.
In addition, the Volkswagen Group and the Chinese joint venture partner SAIC are investing in the Shanghai Volkswagen (SVW) proving ground in Xinjiang province, western China. Heizmann and Chen Zhixin, President of SAIC Motor Corporation, also signed a joint agreement to this effect. China Vehicle Manufacturers'
Ford Motor Company’s passenger car joint venture in China, Changan Ford Mazda Automobile (CFMA), broke ground for a new engine plant in Chongqing. The US$500-million investment will more than double CFMA’s annual engine production capacity in China to 750,000 units when it comes online in 2013.
(GTMC), a vehicle-production and sales joint venture between Toyota Motor Corporation (TMC) and Guangzhou Automobile Group Co., held a line-off ceremony today for the Highlander SUV, produced on GTMC’s new production line at its plant in Nansha District, Guangzhou, Guangdong, China. Sales of the vehicle in China begin today.
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