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NIO signs a new agreement with GAC Group to co-develop battery standards, charging, and swaps

Baua Electric

Many readers know NIO Inc. ($NIO) for its growing portfolio of premium EVs and sub-brands, but the Chinese automaker is also the global leader in EV battery swap stations. Just a couple of weeks later, NIO announced a similar agreement with a heavy hitter in Chinese automotive—Guangzhou Automobile Group Co.,

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Tesla Giga Shanghai has resumed over 80% production

Teslarati

Tesla Giga Shanghai has resumed over 80% production along with several other companies, according to Chinese official Zhang Hongtao — the chief engineer of the Shanghai Economics and Information Technology Commission. During a press conference, Zhang stated that Shanghai created a second list of 1,188 companies that can resume work.

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VW annual assembly rocked by way of cake assault, protests on China document

Baua Electric

. “Volkswagen must be certain that its supply chains are clean,” mentioned Ingo Speich, head of sustainability and company governance at Deka. Chinese language EV makers, in addition to Tesla, threaten now not handiest to weigh on VW’s marketplace proportion in China but in addition in Europe.

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Top 5 Truck Companies in the World With the Potential to Revolutionise the Logistics Sector

Get Electric Vehicle

We don’t have to stress the point that, the automobile industry is going all-electric. The freight movement industry is also expected to have a face shift that several automobile giants and startups are working their way into the highly profitable yet challenging job of electrifying the logistics industry. Nikola Motors.

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PwC’s Strategy&: Auto supplier M&A activity likely to hit record $48B transaction value globally in 2015

Green Car Congress

PwC Strategy&’s annual list of top auto supplier consolidators includes 23 companies: 12 are North American, six European, two Japanese, two South Korean and one Chinese. The most acquisitive company performed 39 deals and grew EBITDA by $1.3 Five of the top ten consolidators grew EBITDA margins by over 50%.

2015 150
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A123 Systems to develop battery pack for new EV from SAIC

Green Car Congress

The announcement accentuates the A123/SAIC joint venture—the first to be established between a non-Chinese battery manufacturer and a leading Chinese automaker, according to A123 Systems—and its focus on developing, manufacturing and selling complete vehicle traction battery systems in China. for production. Earlier post.).

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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.

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