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Kia unveils Concept EV5 in China

Green Car Congress

Kia Corporation unveiled the Concept EV5 at Kia Chinese EV Day. The Concept EV5 provides a preview of a production all-electric SUV model that will be launched first in China later this year; details regarding any future plans for the other global markets will be made in due course.

Kia 259
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Stellantis CEO on the threat of Chinese EV plants in Italy

Teslarati

Stellantis NV CEO Carlos Tavares clarified the company’s position on Chinese electric vehicle brands coming to Italy. We are creating a gigafactory for batteries, [and] we are investing in two new platforms for our sites,” he said during the global presentation of the Alfa Romeo Milano compact soft-roader.

Italy 91
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Baker Institute: China positioning itself to dominate world’s copper supply

Green Car Congress

China is positioning itself to dominate the global supply of copper, a material in high demand as the world transitions to alternative energy systems, according to experts from Rice University’s Baker Institute for Public Policy. “If However, China’s international presence goes well beyond internal needs. —Koelsch et al.

Supplies 250
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Volvo Car Corporation signs MoU on strategic partnership with China Development Bank Corporation

Green Car Congress

Volvo Car Corporation and China Development Bank Corporation have signed a Memorandum of Understanding (MoU) for a strategic partnership. —Stefan Jacoby, CEO & President of Volvo Car Corporation.

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Robert Bosch Venture Capital invests in Chinese autonomous trucking start-up Trunk

Green Car Congress

Robert Bosch Venture Capital GmbH (RBVC), the corporate venture capital arm of the Bosch Group, has invested in Trunk, a startup based in Beijing. The success of this approach is already visibly in the form of strong strategic partnerships, for example with China Merchant Port, China’s biggest port operator.

Chinese 255
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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. Xiaomi Corporation, a global leader in the technology and consumer electronics sector, is joining as a strategic investor. — Lei Jun, CEO of Xiaomi Corporation.

Chinese 199
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impact of chinese semiconductor manufacturers over business

Baua Electric

Chinese semiconductor manufacturers have a significant impact on various aspects of the global business landscape. Competitive Landscape: Chinese semiconductor manufacturers contribute to the competitive landscape by providing alternatives to established players in the industry.

Chinese 52