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BMW Group to build future MINI E vehicles in China with Great Wall Motor

Green Car Congress

The BMW Group and Great Wall Motor have launched a new joint venture—Spotlight Automotive Limited—and are building a joint plant in China, where the BMW Group will produce future fully-electric models of its MINI brand. Jiangsu is also one of the leading provinces for finance, education and technology.

Mini E 259
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Hyundai Motor partners with regional firms to establish H2 fuel cell commercial vehicle ecosystem in China

Green Car Congress

Hyundai Motor Company is spearheading the development of a hydrogen fuel cell commercial vehicle ecosystem in China with regional partners. Hyundai believes China has a massive potential for hydrogen powered commercial vehicles. Hyundai believes China has a massive potential for hydrogen powered commercial vehicles.

Hyundai 356
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NIO Capital invests in Chinese SiC chip maker

CN EV Post

Image credit: NIO Capital) NIO Capital has invested in a local Chinese silicon carbide (SiC) chip maker as it continues to expand its investments in the new energy vehicle (NEV) industry chain. The module will help upgrade the electrical architecture of NEVs from 400V to 800V and enable NEVs to charge from 0 to 80 percent in 10 minutes.

Chinese 138
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Volkswagen Group investing $700M in XPENG for 5% stake, VW EV development; Audi jointly developing EVs with SAIC

Green Car Congress

The Volkswagen Group is strengthening its position on the Chinese automotive market with cooperations between the VW brand and XPENG and between Audi and SAIC. The initial stage of the cooperation will provide for the joint development of two VW-brand electric models for the mid-size segment in the Chinese market.

Audi 282
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EIA: New refineries will increase global refining capacity in 2022 and 2023; China leads

Green Car Congress

New refining capacity growth includes several high-profile, high-capacity refinery projects underway, particularly in China and the Middle East, which could add more than 4.0 The most global refining capacity under development is in China. In its June 2022 Oil Market Report, the IEA expects net global refining capacity to expand by 1.0

Global 448
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IEA: nuclear power can play a major role in transition to low emissions energy systems; Russia, China leading on new reactor starts

Green Car Congress

Building sustainable and clean energy systems will be harder, riskier and more expensive without nuclear, according to the new report, Nuclear power and secure energy transitions: From today’s challenges to tomorrow’s clean energy systems. —IEA Executive Director Fatih Birol.

Russia 458
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Chinese EV company Xpeng Motors raises US$400M in Series C; Xiaomi strategic investor

Green Car Congress

China-based Xpeng Motors has closed a US$400-million Series C capital funding from a group of strategic and institutional investors. among electric vehicles in the latest China New Car Assessment Program (C-NCAP) safety test. The company is building its fully-owned intelligent factory in Zhaoqing, Guangdong Province.

Chinese 199