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Magna and BAIC to form two JVs to engineer and build premium EVs for customers in China; first production in 2020

Green Car Congress

Over the coming months, Magna and BJEV will work with authorities to implement legally binding joint-venture agreements which will govern the operations of these two joint ventures. The Zhenjiang facility where Magna and BJEV plan to engineer and build electric vehicles for the Chinese market. Earlier post.)

2020 225
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Agreements reached on trans-Guinean infrastructure in milestone for Simandou iron ore project

Green Car Congress

In turn, Simfer Jersey Limited is a joint venture between the Rio Tinto Group (53%) and Chalco Iron Ore Holdings (47%)—a Chinalco-led joint venture of leading Chinese SOEs (Chinalco (75%), Baowu (20%), China Rail Construction Corporation (2.5%) and China Harbour Engineering Company (2.5%). Aerial view of Simandou project.

Guinea 195
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Tesla China Design Center will reportedly land in Beijing

Teslarati

In 2020, Tesla said it would build a Design Center in China that would be responsible for creating “International EVs.” Details regarding the Design Center have been relatively slim, and Tesla has not confirmed that the new building will located in any specific location. I’d love to hear from you!

Design 98
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Tesla China’s rumored May sales slump debunked by CPCA Secretary General

Teslarati

Tesla’s rumored sales slump in China doesn’t seem to be a worry of Cui Dongshu, the Secretary General of the Chinese Passenger Car Association. However, Cui told Chinese media outlet the Global Times that he doesn’t necessarily believe that sales will be that low. Tesla stock plummeted after the reports.

Sale 145
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How the Huawei Fight is Changing the Face of 5G

Cars That Think

But it may also signal a de-escalation of the pressure Washington has brought to bear on the Chinese company now that Huawei is on its heels. What's at stake is control of international 5G networks, which are expected to transform global communications. Washington embarked on an intense campaign to block Huawei, and Ms.

Chinese 119
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Volkswagen again reaffirms 20 new PEV models coming across the Group; MEB development

Green Car Congress

In addition to building up and expanding its own resources for the major fields of future importance, the Group plans to open itself up more to new partnerships and strategic investments. billion as a provision for legal risks worldwide. The delivery figures also include the vehicles sold by the Chinese joint ventures.

2015 150
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Finding The Wisest Ways To Global AI Regulation

Cars That Think

And do you also worry about algorithmic bias and automated decision-making systems that may be used in judicial systems, or legal systems, or medical contexts, things like that? At the Stanford Institute for Human-Centered AI, we are a grant-making organization internally for our faculty. Wald: Absolutely. What would you do?”

Global 56