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Toyota Motor and five Chinese OEMs—China FAW Corporation Limited (FAW); Dongfeng Motor Corporation (DFM); Guangzhou Automobile Group Co., GAC Group); Beijing Automotive Group Co., BAIC Group); and Beijing SinoHytec Co., SinoHytec’s YHTG80 80 kW fuel cell system.
The Nikkei reports that Toyota plans to develop hybrid vehicles with two Chinese automakers; Toyota made the announcement at the Guangzhou International Automobile Exhibition. Although Toyota’s Chinese joint ventures assemble hybrids, the company so far has brought in key components such as batteries and motors from Japan.
National Electric Vehicle Sweden AB (NEVS)—an international consortium formed by Chinese, Japanese and Swedish stakeholders—and the Receivers of the Saab Automobile bankruptcy estate ( earlier post) signed a purchase agreement covering the main assets of Saab Automobile AB, Saab Automobile Powertrain AB and Saab Automobile Tools AB.
Designers and engineers initially created the Audi urbansphere for use in traffic-dense Chinese megacities, although the concept is also suitable for any other metropolitan center in the world. —Markus Duesmann, Chairman of the Board Management at AUDI AG and responsible for the Chinese market. Drive system and charging.
The new electric car brand Aion S—recently unveiled at Auto Guangzhou 2018 by GAC NE, GAC MOTOR’s new energy vehicle arm—will be the first line of cars to adopt Nidec’s fully integrated traction motor system (E-Axle) ( earlier post ). Earlier post.). Earlier post.).
Fiat Group and Guangzhou Automobile Group Co. GAC Group) signed a Framework Agreement to establish a 50/50 joint venture for the production of cars and engines for the Chinese market. The Linea made its debut at the Istanbul Motor Show in October 2006. Click to enlarge. The first engines will be the Fire 1.4L The Fiat Linea.
and Saab Automobile AB (Saab Automobile) have signed an agreement with Hawtai Motor Group Company Limited (Hawtai). We expect that Saab’s unique brand values based on its aviation heritage, Scandinavian origins and innovation-driven character will do very well in the Chinese market. Spyker Cars N.V.
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.
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.,
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. Nidec’s fully integrated automotive traction motor system E-Axle (announced in April 2018). billion to US$9.3 billion) in 2030.
At least two Chinese automakers are bringing some of their new energy vehicles—hybrid, plug-in hybrid and battery-electric—to two of the major international auto shows in the first quarter of this year. Guangzhou Automobile Group Co., Guangzhou Automobile Group. Click to enlarge. Qoros Auto Co. GAC Group ranks No.
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 automobile manufacturing by 2015. Specifically, CCID says, aluminum sheets for automobile body will be the most promising sector.
Four days following the termination of its strategic partnership with Hawtai Motor Group ( earlier post ), Spyker Cars N.V. Spyker) announced that it and Saab Automobile AB have signed a Memorandum of Understanding (MoU) with Pang Da Automobile Trade Co., Pang Da shall make a €30 million (US$42.4
The authors note that other leading manufacturers including Porsche, KIA or Chinese manufacturers are still not producing sufficient sustainability performance data.). The study also highlights the potential improvement that a car giant like General Motors has in how it could improve its long-term sustainability performance.
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).
ZAP and Remy Electric Motors, LLC have ">signed a long-term motor supply and development agreement. ZAP Founder Gary Starr and Remy Electric Motors General Manager Kevin Quinn made the announcement at the Electric Vehicle Symposium and Exposition (EVS) in Shenzhen, China. Earlier post.) Earlier post.).
and Hawtai Motor Group Company Limited terminated the agreement by and between Hawtai, Spyker and Saab Automobile AB (Saab Automobile) with respect to funding and strategic partnership. Spyker and Saab Automobile continue to work on securing short- and medium-term funding. Spyker Cars N.V. Earlier post.)
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 holds a stake of 51% of the JV and Infineon 49 percent, respectively. The joint venture will focus on frame-based HybridPACK modules for the Chinese market.
GSR is honored to lead this round of investment in a disruptive technology that we believe has great promise for the Chinese automotive market and potentially building a global EV platform. This marks Protean Electric’s entry into China, the world's largest automobile market. In 2011, China automobile sales exceeded 18.5
a division of the Chinese conglomerate Wanxiang Group Corporation, have received approval from the Chinese government for their joint venture to co-manufacture lithium-ion energy storage systems for the China market. Ener1, Inc. and Wanxiang Electric Vehicle Co., The new company—Zhejiang Wanxiang Ener1 Power System Co.,
The Chinese name of Zeeker has been confirmed as Ji Ke. Under the plans, Zeekr will use Geely Holding Group’s Sustainable Experience Architecture (SEA)—unveiled last year—and will include its own battery technologies, battery management systems, electric motor technologies and electric vehicle supply chain support.
Mustang Mach-E will offer Chinese customers a smart cockpit equipped with Ford’s latest driver-assist technologies and infotainment system with advanced firmware over-the-air (FOTA) updates. The GT high performance edition will adopt a front and rear dual-motor layout, joining the 3-second club with its 0-100 km/h acceleration capabilities.
EV sales are expected to reach 25% of the Chinese market by 2030. Chinese ICE passenger car market. With Renault support in terms of quality and technologies, JMEV will cover 45% of Chinese EV market in 2022 with 4 core models. Ltd (eGT) and Jiangxi Jiangling Group Electric Vehicle Co. JMEV was created in 2015. LCV market.
From Bloomberg : Zero-mileage cars came to public attention last week, when Great Wall Motor Co. Its worth noting that the Chinese government heavily subsidizes its automotive sector, especially where electric vehicles are concerned. This likewise helped appease investors who were starting to shun the industry.
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. Ltd (SAIG) to manufacture inner-city electric buses.
China-based automobile manufacturer 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. Click to enlarge.
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. Sales of domestic sedans hit 2.22
To this end, the BMW Group has signed a letter of intent (LoI) with the Chinese manufacturer Great Wall Motor. In addition to its two automobile production locations, BBA already runs an engine plant, which includes a battery factory for electrified BMW brand vehicles produced locally in Shenyang.
Toyota Motor Corporation unveiled two BEV concept models, the bZ Sport Crossover Concept and bZ FlexSpace Concept, at Auto Shanghai. They will be launched in the Chinese market in 2024 as two models out of the ten BEV models that Toyota plans to release by 2026. It is planned to be produced and sold by FAW Toyota Motor.
The Nikkei reports that Toyota Motor Corp. Toyota would be the first Japanese automaker to establish a Chinese R&D center funded solely by itself. It has begun discussions with subsidiary Daihatsu Motor Co. plans to build an R&D center in China as early as next year.
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.
The Nikkei reports that Honda Motor Co. will provide its core hybrid car technologies to a number of Chinese automakers, probably starting with it local joint venture partners, Dongfeng Motor Corp. and Guangzhou Automobile Group Co.
Audi and its Chinese partner companies FAW and SAIC are showing four world premieres: the brand-new Audi A6 e-tron concept vehicle and the all-round updated Audi Q5L, in addition to the Audi A7L and an SUV study, still kept beneath a cover, named Audi concept Shanghai.
This shift is also taking place in other motorized segments including trucks and mining machinery. As manufacturers set to ramp product back up to produce everything from automobiles, airplanes and construction tools, they will begin to return to normal production cycles. With the COVID pandemic wreaking havoc on the U.S.
—John Lawler, chairman and CEO of Ford Motor China. Ford’s passenger car joint venture in China, Changan Ford Automobile Ltd. Last week Ford jointly announced with Changan Automobile Co., Focus posted 38,362 wholesale units sold in November and 259,492 wholesale units sold year to date. CAF) also had a record month.
BMW Group and its Chinese joint venture partner Brilliance China Automotive Holdings Ltd. The plug-in was developed exclusively for the Chineseautomobile market and produced at the Shenyang site. Series production of the automobile is to start in China in 2013.
Volvo Cars and Geely Auto have agreed on a wide-ranging collaboration that will maximize the strengths of the Swedish and Chinese automotive groups, delivering synergies in powertrains, sharing of electric vehicle architecture, joint procurement, autonomous drive technologies and aftersales.
Kia Motors Corporation plans to build a third manufacturing plant in China in order to meet increasing local demand and to maintain its positive sales momentum in the market. Dongfeng Yueda Kia (DYK) Motors is a 50/50 joint venture through which Kia Motors manufactures, markets and services vehicles in China.). in 2010 (13 th ).
However, generally speaking, the government continued, China has not achieved a breakthrough with new energy automobiles and core components of the key technologies. 2012 Chinese Auto Industry Development Report. Energy-saving and new energy vehicles have become the development direction of the international automobile industry.
China Minister of Science and Technology Wan Gang said that the country’s annual production capacity for electric motor vehicles will reach 1 million units by 2020. Public transport should also be the top priority for use of new energy automobiles in China, he said.
Geely Automobile Holdings is buying the bankrupt Australian transmission supplier Drivetrain System International (DSI), becoming the first Chinese automaker to make an overseas acquisition during the financial crisis. Shanghai Daily.
NextEV and the Nanjing Municipal Government signed a strategic partnership agreement to build a 3 billion RMB (US$463 million) plant facility for the development and production of high-performance motors and electronic modules in the Nanjing Economic and Technological Development Zone. billion) in the field of electric vehicles..
plans to expand its collaboration with Chinese truck maker Anhui Jianghuai Automobile Co. Navistar and JAC signed non-binding letters of intent (LOI) to partner on new commercial vehicle opportunities: Design, development, manufacturing and distribution of school buses for the Chinese market; and. Navistar, Inc.
National Electric Vehicle Sweden AB (NEVS)—the rebirthed Saab—and Dongfeng Motor Corporation (Dongfeng) have signed a strategic cooperation agreement to achieve global industrial synergies. Dongfeng Motor Corporation (DFM) is the third biggest Chinese state-owned automobile manufacturer headquartered in Wuhan, Hubei Province.
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