INDUSTRY INSIGHTS YOUR PEERS ARE READING
It's no accident that nearly half of the world's electric cars on the road today are in China. million battery electric vehicles on the road, 951 million are found in China. The former Audi exec is now China's state science and technology chief and helped. MORE
The C-HR and IZOA will be the first battery-electric vehicles (BEVs) to launch in China under the Toyota brand. Toyota also showed the RHOMBUS, a battery electric vehicle concept car developed by TMEC, Toyota’s base for R&D in China. China Electric (Battery MORE
China-based premium EV maker Nio ( earlier post ) has filed for a $1.8-billion IPO with the US Securities and Exchange Commission. The company is initially targeting China’s premium battery-electric SUV market. China Electric (Battery MORE
Furthermore, the all-electric BMW iX3 ( earlier post ) to be produced by BBA—the first BMW brand model to be driven purely by electric power—is planned for export to markets outside of China. Two-thirds of all BMW vehicles sold in China were produced by BBA last year. MORE
will establish an electric vehicle (EV) battery joint venture (JV) in China with Geely Automobile. Batteries ChinaLG Chem Ltd. Under the terms of a new joint venture agreement, LG Chem and Geely Automobile will establish a 50:50 venture. LG Chem and Geely will each invest US$87 million. The factory site and the name of the JV will be confirmed later; the company plans to produce 10 GWh of electric car battery by the end of 2021. MORE
BMW China Automotive Trading Ltd. and Tencent signed an agreement to work together on building the BMW Group China High Performance D³ (Data-Driven Development) platform. China is at the forefront of automated driving development, and we aim to play a pioneering role in this area. The BMW Group China High Performance D³ platform should be set up and ready to begin operations by the end of this year. Autonomous driving China MORE
Magna and the BAIC Group have signed a framework agreement governing their electric vehicle manufacturing joint venture ( earlier post ) in Zhenjiang, China, which marks another milestone of their continued cooperation. It will combine Magna’s complete vehicle engineering and manufacturing expertise and BAIC’s local manufacturing, marketing and distribution footprint to support electric mobility in China. China Electric (Battery) Manufacturing MORE
BMW will become the first premium carmaker to launch Tmall Genie onto the market in China in selected BMW models. Labs will be fully and seamlessly integrated in BMW vehicles in China by the end of 2019. BMW Connected was launched in China in December 2016 and is currently used by 1.5 MORE
This joint venture will enable the companies to develop projects together with a view to promoting the development of a network of hydrogen stations in China. This commitment, in line with the Group’s climate objectives, is all the more significant given that China is the world’s largest car market. Air Liquide in China operates nearly 90 plants and employs more than 4,000 employees today. China Hydrogen InfrastructureAir Liquide and Chengdu Huaqi Houpu Holding co., MORE
China’s first seagoing LNG bunker vessel will operate with a comprehensive and integrated package of solutions from the technology group Wärtsilä. The ship has been designed by China Ship Design & Research Center Co.Ltd. China LNG Ports and Marine MORE
Groupe Renault and Jiangling Motors Corporation Group (JMCG) announced the official establishment of their joint venture to further promote the development of the EV industry in China, following a first agreement on 20 December 2018. Through this joint venture, Groupe Renault will be able to expand its influence in China’s electric vehicle market, while JMCG will be able to integrate and leverage more resources, which will promote its rapid growth in the future. MORE
China-based The9 Limited, an established Internet company, signed a joint venture agreement with Faraday&Future Inc. to establish a joint venture to manufacture, market, distribute, and sell electric cars in China. FF, the JV and The9 will negotiate and enter into a license agreement pursuant to which FF will grant to the JV an exclusive license to manufacture, market, distribute and sell Faraday Future’s new brand V9 model and other potential selected car models in China. MORE
Adamas Intelligence reports that according to the Association of China Rare Earth Industry (ACREI), China’s domestic manufacturers produced approximately 7.6 Also according to ACREI, China’s output of fluid catalytic cracking (FCC) catalyst amounted to 105,000 tonnes in the first half of 2019, an increase of 2% over the same period the year prior. China Emissions Manufacturing Materials MORE
Spain-based SEAT, a member of the Volkswagen Group, signed a Memorandum of Understanding with Volkswagen Group China and Anhui Jianghuai Automobile Group Corp., Ltd (JAC) to advance e-mobility in China. The signing provides new impetus in the growing partnership between Volkswagen Group China, SEAT and JAC, working together in the important e-mobility market in China. China Electric (Battery MORE
China Byton Byton M-Byte chinese carsNot too long ago, Byton was another longshot electric vehicle maker with some good ideas. MORE
On Sunday, the company revealed a new joint venture with a video-game company in China that could bring it $600. China Faraday FutureThe shame of Faraday Future's financial struggles is that it has what looks to be a viable new electric car, not just on paper, but ready to roll on the road—in prototype form—that may never actually make it to market. MORE
The growth has been greatest in China, which is home to half of the global electric market and 11 of the 25 top electric vehicle market cities. Other leading markets in Europe and the United States have similar but less extensive versions of the incentives and policy approaches of China. MORE
China’s NdFeB permanent magnet production increased by 5% in 2018 while domestic NdFeB consumption increased by approximately 6%, keeping the market tightly balanced, as evidenced by a rise in prices for 31 NdFeB grades in 2018 versus the year prior. China Electric (Battery) Materials Motors MORE
Alliance Ventures, the strategic venture capital fund that invests in technology start-ups for Groupe Renault, Nissan Motor Company and Mitsubishi Motors, announced a partnership with Plug and Play China to cooperate on open innovation in the world’s second-largest economy. China is leading innovation in the automotive industry. By harnessing the expertise of Plug and Play China, we can gain access to start-ups and technologies that will transform the mobility experience. MORE
The accelerated deployment of battery nickel in China, due primarily to an ongoing shift from LFP to NCM 523/622 cathodes, has made China the largest market for passenger EV battery nickel, ahead of Japan and the US, which were the two largest markets in January 2018. MORE
Buick has launched the VELITE 6 MAV electric vehicle in China. In addition, Buick announced the start of its strategic cooperation with the EVCARD car-sharing brand to jointly explore the electric vehicle sharing market in China. China Electric (Battery MORE
Furthermore, the all-electric BMW iX3 ( earlier post ) to be produced by BBA—the first BMW brand model to be driven purely by electric power—is planned for export to markets outside of China. Two-thirds of all BMW vehicles sold in China were produced by BBA last year. MORE
We are delighted to support China’s rapidly growing electric vehicle industry and to extend our partnership with Volkswagen as the company expands its electric vehicle manufacturing capabilities. China Electric (Battery) Manufacturing MORE
WiTricity announced an intellectual property licensing agreement with Anjie Wireless, a China-based automotive Tier 1 supplier. Under the terms of the agreement, Anjie Wireless will license WiTricity’s patented magnetic resonance technology and industry-leading designs to develop and commercialize highly efficient wireless electric vehicle (EV) charging systems for sale to leading carmaker brands in the China market. China Electric (Battery) Infrastructure Smart charging Wireless MORE
Volkswagen Group China aims to produce more than half (11.6 To speed up its e-offensive, Volkswagen Group China will also launch a new joint venture in charging infrastructure. For this plan, China is of great importance. Stephan Wöllenstein, CEO of Volkswagen Group China. MORE
It will also be on display to the public at Auto China 2018 in Beijing, which begins later this month. Buick has sold more than 9 million vehicles in China since its introduction by SAIC-GM in 1998. GM China sales in February. China Electric (Battery) Sales MORE
has formed a joint venture with FAW Jiefang, China’s oldest and largest truck manufacturer, to develop autonomous trucks for China. The two companies have been working together over the last two years to address the growing demands for trucking in China, where more than 6.1 s L4 full-stack autonomous driving technology and tested through pilots in the US and China, the FAW J7 L2 offers semi-autonomy and provides robust safety improvements and fuel optimization. MORE
Volkswagen is planning an extensive model offensive in China; the brand will double its SUV range by 2020. Volkswagen is entering the second year of its Move Forward brand initiative in China. —Stephan Wöllenstein, CEO of Volkswagen Group and Brand China. MORE
China will drive the majority of growth in the crude oil refining industry in Asia between 2018 and 2023, contributing 44% of Asia’s crude oil refining capacity in 2023, according to GlobalData. GlobalData also forecasts that China’s total crude distillation unit capacity. MORE
The infrastructure-supported driverless parking technology, which made its debut in the parking garage at the Mercedes-Benz Museum in Stuttgart in 2017 ( earlier post ), marks the first pilot of its kind in China. Autonomous driving China Driver Assistance Systems MORE
With the opening of three new FAW-Volkswagen vehicle plants at three locations—in Qingdao, Foshan and Tianjin—as well as the Volkswagen FAW Platform Tianjin Branch component plant, the Volkswagen Group is strengthening its localization strategy in China. MORE
The combined total of light-duty all-electric vehicles (EV) and plug-in hybrid electric vehicles (PHEV) sold in China in 2018 was more than 1 million, or 8.1% Sources: China - Data summarized by Argonne National Laboratory from Hewu WANG, Xu HAO. China Electric (Battery) Sales MORE
Scientists in China have developed a process for converting cellulose from plant waste from agriculture and timber harvesting into high-density aviation fuel: a polycycloalkane mixture. MORE
A team of researchers in China suggest that, in the context of promoting the use of clean fuel vehicles and increasing vehicle fuel efficiency, CO 2 emissions of China’s urban passenger transport sector could reach a peak of 225 MtCO 2 in 2030. Behavior China Emissions MORE
A study by a team of researchers from China, the US and Germany suggests that future climate change may worsen air quality for more than 85% of China’s population, leading to an additional 20,000 deaths each year. China Climate Change Emissions Health MORE
BP’s venturing business, BP Ventures, has invested in PowerShare, an integrated hardware and software solutions provider for electric vehicle (EV) charging in China. The investment is part of PowerShare’s Series A round, which was led by BP Ventures and draws support from DETONG Capital Partners, a leading private equity firm in China. China is the world’s largest EV market and a key market for BP as we seek to expand our advanced mobility offer. MORE
and its strategic Mobile Energy Group (MEG) announced a strategic partnership with the China National Petroleum Corporation Nanjing (CNPC or PetroChina) to begin converting existing fossil fuel gas stations in the city of Nanjing. PetroChina is the world’s third-largest oil company and plays a leading role in energy distribution throughout China. China Fuels InfrastructureIdeanomics Inc. MORE
The California-based electric car maker Tesla has received a boost from the nation with the world’s largest auto market—China. China gigafactoryAs part of a declaration posted Friday by the country’s Ministry of Industry and Information Technology, Tesla is receiving an exemption from a 10-percent purchase tax. The news, which is part of a broad. MORE
Buick will add two new models to its China portfolio—the VELITE 6 plug-in hybrid electric vehicle (PHEV) and VELITE 6 battery-electric vehicle (BEV)—to tap into the fast-growing domestic demand for new energy vehicles. China Electric (Battery) Hybrids Plug-ins MORE
Nissan unveiled the Nissan Sylphy Zero Emission, Nissan’s first electric car made in China for Chinese consumers, at Auto China 2018 in Beijing. The new Sylphy Zero Emission is the next step in our electrification strategy for China. China Electric (Battery MORE
Xinhua reports that China’s State Administration of Grain (SAG) said that China will expand production and consumption of bioethanol fuel this year as the country seeks more channels to use corn and grain stockpiles. Cellulosic ethanol China Ethanol Policy Regulations MORE
Cadillac has launched its new CT6 flagship in China at the Cadillac Arena in Beijing. The new-generation CT6 has adopted an all-new powertrain, with innovative technologies that are being applied in China for the first time. China Engines Fuel Efficiency MORE
As part of those actions, which include hiring a new President and CEO (Anning Chen) for Ford China, Ford China is elevated to a stand-alone business unit reporting to Ford global headquarters. Peter Fleet, president Ford Asia Pacific, will facilitate the transition of Chen into his new position as leader of the Ford operations in China. Success in China is critical as we reposition our global business for long-term success. MORE
The company had installed 80 battery swap stations in China in 2018 and now has well over 100 of them. MORE
China Related Topics Green Car Congress
APRIL 18, 2019
Buick has launched the VELITE 6 MAV electric vehicle in China. In addition, Buick announced the start of its strategic cooperation with the EVCARD car-sharing brand to jointly explore the electric vehicle sharing market in China. China Electric (Battery
Green Car Reports
AUGUST 30, 2019
The California-based electric car maker Tesla has received a boost from the nation with the world’s largest auto market—China. China gigafactoryAs part of a declaration posted Friday by the country’s Ministry of Industry and Information Technology, Tesla is receiving an exemption from a 10-percent purchase tax. The news, which is part of a broad.
Green Car Congress
AUGUST 9, 2019
A team of researchers in China suggest that, in the context of promoting the use of clean fuel vehicles and increasing vehicle fuel efficiency, CO 2 emissions of China’s urban passenger transport sector could reach a peak of 225 MtCO 2 in 2030. Behavior China Emissions
Green Car Congress
SEPTEMBER 14, 2019
and its strategic Mobile Energy Group (MEG) announced a strategic partnership with the China National Petroleum Corporation Nanjing (CNPC or PetroChina) to begin converting existing fossil fuel gas stations in the city of Nanjing. PetroChina is the world’s third-largest oil company and plays a leading role in energy distribution throughout China. China Fuels InfrastructureIdeanomics Inc.
Green Car Reports
JUNE 20, 2019
It's no accident that nearly half of the world's electric cars on the road today are in China. million battery electric vehicles on the road, 951 million are found in China. The former Audi exec is now China's state science and technology chief and helped.
Green Car Congress
JUNE 11, 2019
China’s first seagoing LNG bunker vessel will operate with a comprehensive and integrated package of solutions from the technology group Wärtsilä. The ship has been designed by China Ship Design & Research Center Co.Ltd. China LNG Ports and Marine
Green Car Congress
AUGUST 19, 2019
A study by a team of researchers from China, the US and Germany suggests that future climate change may worsen air quality for more than 85% of China’s population, leading to an additional 20,000 deaths each year. China Climate Change Emissions Health
Green Car Congress
APRIL 16, 2019
Volkswagen is planning an extensive model offensive in China; the brand will double its SUV range by 2020. Volkswagen is entering the second year of its Move Forward brand initiative in China. —Stephan Wöllenstein, CEO of Volkswagen Group and Brand China.
Green Car Reports
MAY 28, 2019
China Byton Byton M-Byte chinese carsNot too long ago, Byton was another longshot electric vehicle maker with some good ideas.
Green Car Congress
SEPTEMBER 15, 2018
The infrastructure-supported driverless parking technology, which made its debut in the parking garage at the Mercedes-Benz Museum in Stuttgart in 2017 ( earlier post ), marks the first pilot of its kind in China. Autonomous driving China Driver Assistance Systems
Green Car Congress
JANUARY 19, 2019
China will drive the majority of growth in the crude oil refining industry in Asia between 2018 and 2023, contributing 44% of Asia’s crude oil refining capacity in 2023, according to GlobalData. GlobalData also forecasts that China’s total crude distillation unit capacity.
Green Car Congress
APRIL 30, 2019
The combined total of light-duty all-electric vehicles (EV) and plug-in hybrid electric vehicles (PHEV) sold in China in 2018 was more than 1 million, or 8.1% Sources: China - Data summarized by Argonne National Laboratory from Hewu WANG, Xu HAO. China Electric (Battery) Sales
Green Car Congress
SEPTEMBER 7, 2019
has formed a joint venture with FAW Jiefang, China’s oldest and largest truck manufacturer, to develop autonomous trucks for China. The two companies have been working together over the last two years to address the growing demands for trucking in China, where more than 6.1 s L4 full-stack autonomous driving technology and tested through pilots in the US and China, the FAW J7 L2 offers semi-autonomy and provides robust safety improvements and fuel optimization.
Green Car Congress
SEPTEMBER 15, 2018
With the opening of three new FAW-Volkswagen vehicle plants at three locations—in Qingdao, Foshan and Tianjin—as well as the Volkswagen FAW Platform Tianjin Branch component plant, the Volkswagen Group is strengthening its localization strategy in China.
Green Car Congress
NOVEMBER 29, 2018
Spain-based SEAT, a member of the Volkswagen Group, signed a Memorandum of Understanding with Volkswagen Group China and Anhui Jianghuai Automobile Group Corp., Ltd (JAC) to advance e-mobility in China. The signing provides new impetus in the growing partnership between Volkswagen Group China, SEAT and JAC, working together in the important e-mobility market in China. China Electric (Battery
Green Car Congress
JANUARY 24, 2019
BP’s venturing business, BP Ventures, has invested in PowerShare, an integrated hardware and software solutions provider for electric vehicle (EV) charging in China. The investment is part of PowerShare’s Series A round, which was led by BP Ventures and draws support from DETONG Capital Partners, a leading private equity firm in China. China is the world’s largest EV market and a key market for BP as we seek to expand our advanced mobility offer.
Green Car Congress
JANUARY 8, 2019
BMW will become the first premium carmaker to launch Tmall Genie onto the market in China in selected BMW models. Labs will be fully and seamlessly integrated in BMW vehicles in China by the end of 2019. BMW Connected was launched in China in December 2016 and is currently used by 1.5
Green Car Congress
JULY 25, 2019
Magna and the BAIC Group have signed a framework agreement governing their electric vehicle manufacturing joint venture ( earlier post ) in Zhenjiang, China, which marks another milestone of their continued cooperation. It will combine Magna’s complete vehicle engineering and manufacturing expertise and BAIC’s local manufacturing, marketing and distribution footprint to support electric mobility in China. China Electric (Battery) Manufacturing
Green Car Congress
JULY 9, 2018
Furthermore, the all-electric BMW iX3 ( earlier post ) to be produced by BBA—the first BMW brand model to be driven purely by electric power—is planned for export to markets outside of China. Two-thirds of all BMW vehicles sold in China were produced by BBA last year.
Green Car Congress
APRIL 16, 2019
Volkswagen Group China aims to produce more than half (11.6 To speed up its e-offensive, Volkswagen Group China will also launch a new joint venture in charging infrastructure. For this plan, China is of great importance. Stephan Wöllenstein, CEO of Volkswagen Group China.
Green Car Congress
DECEMBER 2, 2018
Cadillac has launched its new CT6 flagship in China at the Cadillac Arena in Beijing. The new-generation CT6 has adopted an all-new powertrain, with innovative technologies that are being applied in China for the first time. China Engines Fuel Efficiency
Green Car Congress
JULY 20, 2019
BMW China Automotive Trading Ltd. and Tencent signed an agreement to work together on building the BMW Group China High Performance D³ (Data-Driven Development) platform. China is at the forefront of automated driving development, and we aim to play a pioneering role in this area. The BMW Group China High Performance D³ platform should be set up and ready to begin operations by the end of this year. Autonomous driving China
Green Car Congress
OCTOBER 17, 2018
WiTricity announced an intellectual property licensing agreement with Anjie Wireless, a China-based automotive Tier 1 supplier. Under the terms of the agreement, Anjie Wireless will license WiTricity’s patented magnetic resonance technology and industry-leading designs to develop and commercialize highly efficient wireless electric vehicle (EV) charging systems for sale to leading carmaker brands in the China market. China Electric (Battery) Infrastructure Smart charging Wireless
Green Car Congress
OCTOBER 31, 2018
The growth has been greatest in China, which is home to half of the global electric market and 11 of the 25 top electric vehicle market cities. Other leading markets in Europe and the United States have similar but less extensive versions of the incentives and policy approaches of China.
Green Car Congress
MAY 2, 2019
We are delighted to support China’s rapidly growing electric vehicle industry and to extend our partnership with Volkswagen as the company expands its electric vehicle manufacturing capabilities. China Electric (Battery) Manufacturing
Green Car Congress
AUGUST 14, 2018
China-based premium EV maker Nio ( earlier post ) has filed for a $1.8-billion IPO with the US Securities and Exchange Commission. The company is initially targeting China’s premium battery-electric SUV market. China Electric (Battery
Green Car Reports
AUGUST 29, 2019
The company had installed 80 battery swap stations in China in 2018 and now has well over 100 of them.
Green Car Congress
OCTOBER 24, 2018
As part of those actions, which include hiring a new President and CEO (Anning Chen) for Ford China, Ford China is elevated to a stand-alone business unit reporting to Ford global headquarters. Peter Fleet, president Ford Asia Pacific, will facilitate the transition of Chen into his new position as leader of the Ford operations in China. Success in China is critical as we reposition our global business for long-term success.
Green Car Congress
JULY 9, 2018
Furthermore, the all-electric BMW iX3 ( earlier post ) to be produced by BBA—the first BMW brand model to be driven purely by electric power—is planned for export to markets outside of China. Two-thirds of all BMW vehicles sold in China were produced by BBA last year.
Green Car Congress
MARCH 19, 2019
The accelerated deployment of battery nickel in China, due primarily to an ongoing shift from LFP to NCM 523/622 cathodes, has made China the largest market for passenger EV battery nickel, ahead of Japan and the US, which were the two largest markets in January 2018.
Green Car Congress
APRIL 25, 2018
Nissan unveiled the Nissan Sylphy Zero Emission, Nissan’s first electric car made in China for Chinese consumers, at Auto China 2018 in Beijing. The new Sylphy Zero Emission is the next step in our electrification strategy for China. China Electric (Battery
Green Car Congress
MAY 10, 2019
Alliance Ventures, the strategic venture capital fund that invests in technology start-ups for Groupe Renault, Nissan Motor Company and Mitsubishi Motors, announced a partnership with Plug and Play China to cooperate on open innovation in the world’s second-largest economy. China is leading innovation in the automotive industry. By harnessing the expertise of Plug and Play China, we can gain access to start-ups and technologies that will transform the mobility experience.
Green Car Congress
MARCH 22, 2019
Scientists in China have developed a process for converting cellulose from plant waste from agriculture and timber harvesting into high-density aviation fuel: a polycycloalkane mixture.
Green Car Congress
FEBRUARY 18, 2018
Xinhua reports that China’s State Administration of Grain (SAG) said that China will expand production and consumption of bioethanol fuel this year as the country seeks more channels to use corn and grain stockpiles. Cellulosic ethanol China Ethanol Policy Regulations
Green Car Congress
MARCH 25, 2019
China-based The9 Limited, an established Internet company, signed a joint venture agreement with Faraday&Future Inc. to establish a joint venture to manufacture, market, distribute, and sell electric cars in China. FF, the JV and The9 will negotiate and enter into a license agreement pursuant to which FF will grant to the JV an exclusive license to manufacture, market, distribute and sell Faraday Future’s new brand V9 model and other potential selected car models in China.
Green Car Reports
MARCH 25, 2019
On Sunday, the company revealed a new joint venture with a video-game company in China that could bring it $600. China Faraday FutureThe shame of Faraday Future's financial struggles is that it has what looks to be a viable new electric car, not just on paper, but ready to roll on the road—in prototype form—that may never actually make it to market.
Green Car Congress
MARCH 1, 2019
China’s NdFeB permanent magnet production increased by 5% in 2018 while domestic NdFeB consumption increased by approximately 6%, keeping the market tightly balanced, as evidenced by a rise in prices for 31 NdFeB grades in 2018 versus the year prior. China Electric (Battery) Materials Motors
Green Car Congress
APRIL 2, 2018
Buick will add two new models to its China portfolio—the VELITE 6 plug-in hybrid electric vehicle (PHEV) and VELITE 6 battery-electric vehicle (BEV)—to tap into the fast-growing domestic demand for new energy vehicles. China Electric (Battery) Hybrids Plug-ins
Green Car Congress
AUGUST 7, 2019
Adamas Intelligence reports that according to the Association of China Rare Earth Industry (ACREI), China’s domestic manufacturers produced approximately 7.6 Also according to ACREI, China’s output of fluid catalytic cracking (FCC) catalyst amounted to 105,000 tonnes in the first half of 2019, an increase of 2% over the same period the year prior. China Emissions Manufacturing Materials
Green Car Congress
APRIL 8, 2018
It will also be on display to the public at Auto China 2018 in Beijing, which begins later this month. Buick has sold more than 9 million vehicles in China since its introduction by SAIC-GM in 1998. GM China sales in February. China Electric (Battery) Sales
Green Car Congress
JULY 18, 2019
Groupe Renault and Jiangling Motors Corporation Group (JMCG) announced the official establishment of their joint venture to further promote the development of the EV industry in China, following a first agreement on 20 December 2018. Through this joint venture, Groupe Renault will be able to expand its influence in China’s electric vehicle market, while JMCG will be able to integrate and leverage more resources, which will promote its rapid growth in the future.
Green Car Congress
APRIL 26, 2019
This joint venture will enable the companies to develop projects together with a view to promoting the development of a network of hydrogen stations in China. This commitment, in line with the Group’s climate objectives, is all the more significant given that China is the world’s largest car market. Air Liquide in China operates nearly 90 plants and employs more than 4,000 employees today. China Hydrogen InfrastructureAir Liquide and Chengdu Huaqi Houpu Holding co.,
Green Car Congress
JUNE 14, 2019
will establish an electric vehicle (EV) battery joint venture (JV) in China with Geely Automobile. Batteries ChinaLG Chem Ltd. Under the terms of a new joint venture agreement, LG Chem and Geely Automobile will establish a 50:50 venture. LG Chem and Geely will each invest US$87 million. The factory site and the name of the JV will be confirmed later; the company plans to produce 10 GWh of electric car battery by the end of 2021.
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