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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.
Honda last week held a virtual press conference on its electrification strategy in China. All new models Honda will introduce in China after 2030 will be electrified—hybrids (HEVs) and EVs. All new models Honda will introduce in China after 2030 will be electrified—hybrids (HEVs) and EVs. e:N series.
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.
billion to 21 projects to expand domestic manufacturing of batteries for electric vehicles (EVs) and the electrical grid and for materials and components currently imported from other countries. billion will go to 9 projects in the component manufacturing segment of the supply chain. The awardees are: Component Manufacturing (Anode).
Buick’s vehicle-to-everything (V2X) technology made its debut at the Guangzhou International Automobile Exhibition. Later this year, Buick will become the first brand in China officially to roll out the market-ready technology on a production vehicle, a Buick GL8. Past work on V2X 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., Ltd (SAIG) to manufacture inner-city electric buses.
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.
billion to 21 projects to expand domestic manufacturing of batteries for electric vehicles (EVs) and the electrical grid and for materials and components currently imported from other countries. billion will go to 9 projects in the component manufacturing segment of the supply chain. The awardees are: Component Manufacturing (Anode).
Chinese consumer electronics company Xiaomi has officially entered the EV market after completing its industrial and commercial registration in China as Xiaomi Automobile Co. In a recent announcement of the new EV entity, Xiaomi Automobile has revealed that it already has a team of nearly 300 employees.
Innoviz Technologies, a leading provider of high-performance, solid-state lidar sensors and perception software, announced cooperation with Shaanxi Heavy Duty Automobile Co. in Xi’an, China to deploy autonomous trucks for an upcoming project in one of the biggest ports in China. Shaanxi Heavy Duty Automobile Co.
Volkswagen Group executives laid out the basics of the new Group strategy “NEW AUTO – Mobility for Generations to Come”, which will see the Group realign from being a from vehicle manufacturer to a leading, global software-driven mobility provider. Like the MEB today, the SSP will be open to other auto manufacturers.
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.
China is targeting the cumulative production and sales of more than 5 million new energy vehicles, including fuel cell vehicles, by that time as well. However, generally speaking, the government continued, China has not achieved a breakthrough with new energy automobiles and core components of the key technologies.
WiTricity announced an intellectual property licensing agreement with Anjie Wireless, a China-based automotive Tier 1 supplier. Making vehicle charging a convenient, seamless and efficient process is a priority for accelerating EV adoption (in China and abroad), and a critical component of autonomous vehicle deployment.
will establish an electric vehicle (EV) battery joint venture (JV) in China with Geely Automobile. Under the terms of a new joint venture agreement, LG Chem and Geely Automobile will establish a 50:50 venture. LG Chem Ltd. LG Chem and Geely will each invest US$87 million. Earlier post.).
All car manufacturers seem to be following in the same footsteps as Tesla. and global economies with businesses and manufacturers having to close doors and furlough employees, the global trade markets plummeted to an 11-year low of 41.5% in the April report for the Institute for Supply Management’s Manufacturing Index.
Leading motor manufacturer Nidec Corporation will form a joint venture with GAC Components Co., a member of China-based Guangzhou Automobile Group Co., to manufacture automotive traction motors. GAC Components mainly manufacturesautomobile interior parts, electric components, etc. Nidec in-wheel motor.
Toyocolor, the colorants and functional materials arm of the specialty chemicals company Toyo Ink Group of Japan, announced that the company’s Lioaccum conductive carbon nanotube (CNT) dispersions ( earlier post ) have been selected by the world’s largest battery manufacturer CATL (Contemporary Amperex Technology Co., in Guangdong, China.
Lynk & Co, a joint venture between Volvo Cars, Zhejiang Geely Holding and Geely Automobile, introduced in 2017, had in June 2020 sold a total of 309,255 of its 01, 02, 03 and 05 models. Geely Automobile, controlled by Zhejiang Geely Holding, also produce vehicles on the CMA platform. billion) in 2011 to SEK 274 billion (US$31.3
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.
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.,
The market for Li-ion batteries for automobile applications is expected to grow about 30% annually on average. Meanwhile, the movement to manufacture batteries locally for automobile applications in North America and Europe is becoming active with auto makers and battery cell makers implementing supply chain strategies.
FHI), the manufacturer of Subaru automobiles, will debut its EyeSight driver assist technology in China. will be exhibited at the 2016 Guangzhou International Auto Parts & Accessories Exhibition to be held in Guangzhou, China later this month. Fuji Heavy Industries Ltd.
Honda Motor (China) Investment Co., a wholly-owned Honda subsidiary in China, announced that Dongfeng Honda Automobile Co., Overhead view of rendering of Dongfeng Honda’s new EV plant.
GKN Driveline’s Chinese Joint Venture partner SDS has commenced production of its complete all-wheel drive (AWD) Disconnect system for small- to medium-sized vehicles in China. The system will initially feature on the Jeep Renegade built for the Chinese market by GAC Fiat Chrysler Automobiles 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. The JV is headquartered in Shanghai; its new manufacturing facility resides in Infineon’s site expansion in Wuxi. million units in 2020 and 4.3
Spain-based SEAT, a member of the Volkswagen Group, signed a Memorandum of Understanding with Volkswagen Group China and Anhui Jianghuai Automobile Group Corp., Ltd (JAC) to advance e-mobility in China. This partnership also represents the benefits of a globalized approach to delivering sustainable mobility.
Kandi Technologies Group signed a framework agreement with Hunan Hengrun Automobile Co., Hengrun specializes in the research, development, manufacturing, sales and after-sales service of automobiles, parts, and accessories. It is one of several automobile companies fully certified to produce complete vehicles.
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.
Groupe Renault and Brilliance China Automotive Holdings Limited (Brilliance), who earlier this year formed Renault-Brilliance-Jinbei Automotive Co., Renault also confirmed plans for three new electric light commercial vehicles for China within two years. China is also the biggest, fastest growing EV-market in the world.
signed a strategic memorandum of understanding (MOU) with Automobile & PCB establishing strategic investment and cooperation between NEO and A&P to advance the Korean mass production facility of NEO’s silicon anode materials for electric vehicle (EV) lithium-ion batteries. NEO Battery Materials Ltd. NEO Battery Materials Ltd.
Automobile modular architectures—for example, TNGA of Toyota, and MQB, MLB and MEB of the Volkswagen Group—hav become a major trend in the auto industry. The BMA platform will be applied to Geely’s overseas subsidiary brands as well as in China.
Seven of the world’s leading automotive manufacturers have registered with the Fédération Internationale de l’Automobile (FIA) to race the new Gen3 car which debuts in next season of the ABB FIA Formula E World Championship. The manufacturers currently confirmed for the Gen3 era of Formula E are: DS Automobiles, France.
LEAD) announced that it has been contracted by Volkswagen to supply battery manufacturing equipment for Salzgitter, accounting for more than 65% of the total equipment quantity for that 20 GWh gigafactory. As a world-class automobilemanufacturer, Volkswagen has strict quality standards and requirements for suppliers.
Honda Motor (China) Investment Co., a wholly-owned Honda subsidiary in China, a{announced} that GAC Honda Automobile Co., GAC Honda’s dedicated EV production plant will be newly constructed on a 400,000 m 2 lot within the Guangzhou Economic and Technological Development District, Guangzhou City, Guangdong Province, China.
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.
Fiat Chrysler Automobiles N.V. Foxconn ) regarding the potential creation of an equal joint venture to develop and manufacture in China new generation battery electric vehicles and engage in the IoV (Internet of Vehicles) business. Foxconn is one of Apple’s key manufacturing partners.
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.
As part of those actions, which include hiring a new President and CEO (Anning Chen) for Ford China, Ford China is elevated to a stand-alone business unit reporting to Ford global headquarters. Success in China is critical as we reposition our global business for long-term success. —Ford President and CEO Jim Hackett.
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. Click to enlarge. —Yu Jun, General Manager of GAC Motor.
BBA) Joint Venture has achieved a significant milestone: a Special General Meeting of Brilliance China Automotive Holdings Ltd. The deal is scheduled to close in 2022 at the latest when the joint venture requirement for auto manufacturing in China will be lifted. The long-term expansion of the BMW Brilliance Automotive Ltd.
The combustion engines with four, six, eight and 12 cylinders produced there will be manufactured at the company’s locations in Steyr in Austria and Hams Hall in the UK going forward. Plant Regensburg will also start manufacturing the new BMW X1 in 2022, which will be available both with an combustion engine and a fully-electric drive train.
These solutions involve automobile exterior and interior painting, underbody painting, interior cosmetic seam sealing and interior plate wax-spraying. —Sami Atiya, President of ABB’s Robotics and Discrete Automation business. The RMB 17-billion (US$2.53-billion)
CBAK Energy Technology, a lithium-ion battery manufacturer and electric energy solution provider, signed a three-year strategic agreement with Anhui Jianghuai Motors Group Co., JAC Motors is a Chinese state-owned automobile and commercial vehicle manufacturer. Ltd for joint product development.
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