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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., — signed a joint venture agreement for the establishment of United Fuel Cell System R&D (Beijing) Co.,
China’s Tsingshan , the world’s largest producer of stainless steel, will invest $375 million to build a lithium plant in Argentina with French multinational mining and metallurgy company Eramet. Volume produced will be marketed by each shareholder based on their respective shareholding in the project.
Roskill reports that prices for Chinese graphite continue to rise as producers contend with increasing electricity costs and supply disruption caused by limits on energy consumption. Prices could rise higher in Q4 if producers aren’t able to build up stocks now, ahead of typical winter closures.
An unexpectedly strong resurgence in Chinese cathode buying for scrap replacement, improving consumption, restocking and stockpiling purposes. Based on preliminary data from Chinese Customs, Chinese net imports of refined copper jumped by 45% y-o-y, or 1.3Mt, to 4.2Mt in Jan-Nov 2020. Copper prices since 1 Jan 2000.
Mercedes-Benz has entered a far-reaching strategic partnership with the Chinese battery cell manufacturer Farasis Energy (Ganzhou) Co., In order to be able to meet increasing demand for German Mercedes-Benz plants in the future, Farasis is building a plant for battery cells in Bitterfeld-Wolfen; creating up to 2,000 new jobs.
Australia-based Lynas Rare Earths Limited entered into an agreement with the US Government to build a commercial Light Rare Earths separation plant in the United States, through a wholly owned subsidiary, Lynas USA LLC.
The Government of Canada has ordered three Chinese companies to divest from three Canadian critical mineral companies: Power Metals, Lithium Chile, and Ultra Lithium. Power Metals also expressed surprise at “Canada’s stance towards Chinese investment into Canada’s critical minerals industry”. Earlier post.)
The acquisitions will provide Northern with 40-50,000 tonnes per year (tpy) of graphite production capacity in Québec and Namibia, which will make it the third-largest non-Chinese natural graphite producing company. million in lease payments for use of the land and buildings.
Jiangnan Shipyard, owned by China State Shipbuilding Corp (CSSC), has ordered an LPG (liquefied propane gas)-burning MAN B&W 6G60ME-LGIP engine in connection with the building of an 86,000-m 3 VLGC (Very Large Gas Carrier) for Tianjin Southwest Maritime (TSM), the Chinese shipping company. LGIP engine.
The world is in a race to dominate the electric vehicle market—the Europeans have made their Battery Alliance a priority and the Chinese are chomping at the bit. Global electric vehicle market growth is projected to rise from 1.7 million vehicles in 2020 to 26 million vehicles in 2030 and 54 million by 2040 at least.
The move to the new Audi China Building, opening nearly 10 years after its predecessor, is also a significant milestone in Audi’s more than three-decade long history in China. The new Audi China Building supports Audi’s efforts to establish additional research and production capacities in the country. —Audi CEO Markus Duesmann.
The global auto market is very sensitive to macroeconomic conditions and will be hit hard by the coronavirus and any economic contraction that accompanies it, BNEF says. Early data from the main markets in Asia shows a drop in vehicle sales of 44% for China and 18% for Korea, two of the hardest hit countries.
Allison brings more than 100 years of experience in building reliable and valued propulsion solutions, including two decades of electrified propulsion systems development and commercialization. Together, the companies will further define product portfolio scope, manufacturing locations and supporting resources to be provided by each party.
READ MORE: e Chinese electric cars really spyware on wheels? I think my money is now on Japan | Opinion READ MORE: Why the massive influx of Chinese EVs will end in tears | Opinion But that’s just top line. So do you think the world’s second-largest economy is interested in building a combustion-engined future? For us as well.
The rapid increase in vehicle electrification in the automotive industry will have a major impact on global raw material markets. The strategic collaboration is the result of an extensive market analysis executed by Volkswagen’s e-Raw Material Team. The global lithium demand is expected to more than double by 2023.
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.
The new TTTech Auto branch in Shanghai will bring its expertise and the series proven safe vehicle software platform, MotionWise , to car manufacturers, Tier 1 suppliers and partners to the rapidly developing Chinese automotive market. Asia is one of the most important growth regions.
Four months after announcing a joint venture with Chinese EV automaker Leapmotor , Stellantis is reportedly mulling taking the strategic cooperation further by building hundreds of thousands of BEVs for its new partner in Italy to serve the European market.
Weve said it before and will say it again: Build Your Dreams (BYD) is coming. The Chinese automaker continues to gain momentum in global NEV sales and does not expect to hit the brakes anytime soon.
China-based battery maker CATL (Contemporary Amperex Technology Co Ltd) and its subsidiary Shenzhen Dynanonic signed an agreement with Jiang’an county government (located in south-west China’s Sichuan province) to build a lithium iron phosphate (LFP) cathode materials plant with a production capacity of 80 tpy. —Zeng Yuqun.
Haldor Topsoe and Shaanxi Yanchang Petroleum have formed a joint venture with the aim of delivering locally produced MK-151+ methanol synthesis catalysts to the Chinesemarket. Together, the two companies will build a production facility in Shaanxi Fupin in China to produce methanol synthesis catalysts.
The Zhenjiang facility where Magna and BJEV plan to engineer and build electric vehicles for the Chinesemarket. The plant has the capacity to build up to 180,000 vehicles per year. China is currently the world’s leading market for electric mobility. —Don Walker, CEO of Magna International Inc.
Emden is now the second site for electric vehicles in Germany following Zwickau and also joins the Chinese plants in Anting and Foshan. As a result, Volkswagen is creating the conditions in 2022 for building 1.2 Production for the US market will start in Chattanooga in the fall. Following its market launch in early 2021, the ID.4
The Group will gradually increase the capacity in line with market demand. Moreover, the Group will work with Chinese companies to participate in the Guangdong government’s hydrogen-related pilot project and initiatives, which will help Hyundai secure a competitive advantage in China’s hydrogen industry.
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.
Shanghai Sunwise will build and operate hydrogen refueling stations and provide comprehensive solutions for hydrogen refueling, while Shanghai Ronghe Electric Technology Financial Leasing will provide financial support services for the fuel cell electric commercial vehicle pilot operations.
Throw in the fact that questions have been raised in Canberra about whether Home Affairs Minister Tony Burke is or isnt creating a security risk because he may or may not be driving a Chinese EV, and its hard to escape the conclusion that large parts of our community seem to have issues with our largest two-way trading partner.
NAFILean can be used in traditional injection machines and stands as a unique market solution from Faurecia. The hemp compound is openly brought to the market through APM (Automotive Performance Materials), a joint venture between Faurecia and an agricultural cooperative in France’s Burgundy region.
The first buildings will be erected in Changchun when the frost period ends. With its annual capacity of more than 150,000 cars, the factory will play a central role in the continued electrification of Audi’s product portfolio for the Chinesemarket.
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 Chinesemarket.
With new low-cost Chinese flooding global markets, Ford CEO Jim Farley vows its new mid-size electric pickup is a “game changer.” Ford’s leader took a jab at BYD, vowing the company’s new electric pickup will match the costs of Chinese automakers building in Mexico.
Xiaomi’s experience and insight in consumer behavior, technology knowhow and market trends can add tremendous value to what Xpeng Motors is set to achieve. It has received funding from prominent Chinese and international investors including Alibaba Group and IDG Capital. Xpeng Motors achieved numerous milestones this year.
JM and the Shanghai Jiading District plan to build a new catalyst-coated membrane (CCM) production facility, providing CCM production capability for multiple proton exchange membrane (PEM) fuel cell applications and PEM electrolyzers. The investment, which is backed by customer demand, is part of JM’s £1.1-billion
Chinese EV manufacturer XPeng signed an agreement with the Zhaoqing Municipal Government and the Zhaoqing High Technology Industry Development Zone to build the Phase Two expansion project of the XPeng Zhaoqing Smart EV Manufacturing Base located in Guangdong Province. Zhaoqing Xpeng Motors Intelligent Industrial Park.
At the same time we are ramping up volume production in the Zwickau electric car plant and in our two Chinese MEB plants every week. At the end of 2020, the Chinese sites in Anting and Foshan also started production of MEB vehicles. Towards the end of 2020, the Chinese sites in Anting and Foshan began producing the ID.4
Anovion, with its partners, collaborators and stakeholders, will build 35,000 tons per annum of new synthetic graphite anode material capacity for lithium-ion batteries used in electric vehicles and critical energy storage applications. The construction process will use established and approved processes for building new manufacturing sites.
The International Council on Clean Transportation (ICCT) just dropped its third annual Global Automaker Rating, showing that Chinese carmakers dominate the zero-emission vehicle (ZEV) space. Its massive domestic market has helped Chinese automakers build serious momentum.
The stories about Chinese brands going international are both telling and, in some cases, prescient. Remember, back then electric vehicles were just a gleam in Beijing and some Chinese automakers eye. Chinese manufacturers lacked the engineering and design chops to produce cars for international markets. But I digress.
Toyota has reportedly decided to build a new EV plant in China in hopes of clawing back business from BYD and other Chinese-owned rivals eating away at its market share.
The car is equipped with lithium-ion batteries from Beijing National Battery Technology, a company within the Chinese group of green tech companies owned by Kai Johan Jiang’s company National Modern Energy Holdings Ltd. The Saab cars’ well-known performance and safety is maintained and we foresee a very good product for the market.
The global strategy leads from vertical integration in the raw material market via building battery plants, as well as cell factories in collaboration with partners—amongst them the Chinese battery expert Gotion—to second life solutions and recycling.
Daimler plans to build the Research and Development Tech Center China with a total investment of more than 1.1 This marks the further expansion of the company’s footprint in its single largest market and will be its second major R&D site in Beijing, following the Mercedes-Benz R&D Center established in 2014.
SK On will partner with Korea’s largest cathode material company EcoPro, and Chinese battery materials producer GEM to build a battery core material production facility in Saemangeum, South Korea. SK On has been actively building various cooperative relationships to strengthen the raw material supply chain.
Today, more than 3,200 designers and engineers, NEV and software specialists are creating leading-edge innovations in close collaboration with Chinese tech players, start-ups, local partners as well as academia. There are now 3,200 R&D associates in China using their expertise to develop products for Chinese customers.
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