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Volkswagen deepens partnership with Gotion to industrialize battery cell production in Germany

Green Car Congress

Based on a substantial shareholding agreement in May 2020, Volkswagen Group entered a strategic cooperation framework with the major Chinese battery producer headquartered at Hefei. Volkswagen is thus the first global automaker to invest directly in a Chinese battery supplier. Volkswagen Group and Gotion High-Tech Co.,

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VAMA builds new coating line to serve growing automotive market in China

Green Car Congress

Valin ArcelorMittal Automotive (VAMA), a 50/50 joint venture between ArcelorMittal, the world’s leading steel company and Valin Steel, a leading Chinese steelmaker, has begun construction on a new continuous hot-dip galvanizing line at its facilities in Loudi, Hunan, which will enable the production of highly corrosion-resistant steel.

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Lux: plug-in vehicle battery market to hit $10B in 2020; 6 carmakers = 90% of demand; VW to show most growth

Green Car Congress

Consumers will soon be able to purchase electric vehicles with 200 miles of range for less than $40,000, almost half the price of the long range EVs available today. But the Chinese company will cede its lead in 2019 when European and American carmakers gain ground. —Chris Robinson, Lux Research Associate and lead author.

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Renewable-methanol fueled Geely cars in fleet testing in Iceland; 70% reduction in WTW CO2 compared to gasoline

Green Car Congress

Methanol which is produced with CRI’s method is one of the most environmentally friendly liquid fuels available today. Geely developed the methanol version of the Emgrand for the Chinese market, where use of methanol is an automobile fuel has increased rapidly over the last few years.

Iceland 170
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Magna forms e-powertrain joint venture in China with SAIC Motor subsidiary

Green Car Congress

For the initial customer order, the JV will leverage Magna’s highly integrated e-drive system with a focus on the production of the system mainly for the Chinese market. The JV will initially produce an electric-drive powertrain system for a German automaker.

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Hesai unveils ultra-thin LiDAR ET25 that can be placed behind windshield

CN EV Post

Unlike Tesla (NASDAQ: TSLA), which relies on pure vision solutions for its autonomous driving technology, local Chinese car companies prefer to get better environmental awareness by equipping their vehicles with LiDARs. LiDAR-maker Hesai posts Q4 revenue growth of 56.6%

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NVIDIA unveils single-processor configuration of DRIVE PX 2 for AutoCruise functions; Baidu deploying

Green Car Congress

Last week at Baidu World, in Beijing, NVIDIA and Baidu announced a partnership to deliver a self-driving cloud-to-car system for Chinese automakers, as well as global brands. The new single-processor DRIVE PX 2 will be available to production partners in the fourth quarter of 2016. Earlier post.).