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Roskill: Japanese steel industry is poised for a major downsizing in the years to come

Green Car Congress

China is increasingly gaining market share in Southeast Asia, the region’s battleground. The steel quality gap between Japanese and Chinese material has narrowed; Korea is another strong regional player. Japan is even more reliant on exports than China with a net export ratio of 25% versus 5% for China.

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Seres EV startup postpones US launch amid downsizing

Green Car Reports

Seres, the startup electric carmaker formerly known as SF Motors, is shelving plans to bring a new electric car to market in the U.S. The electric-car company was founded in 2017 when the Chinese industrial company Sokon bought the battery-technology company founded by former Tesla CEO and founder Martin Eberhard.

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GM fast-charging, Hummer EV details, Lucid DreamDrive, Kandi cars: The Week in Reverse

Green Car Reports

Which Chinese brand is aiming to have the most affordable EV in the U.S. What looks like a modern-but-downsized electric VW Microbus? This is our look back at the Week In Reverse—right here at Green Car Reports—for the week ending July 31, 2020. General Motors showed a little more of its upcoming GMC Hummer EV on.

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KPMG survey finds global auto execs expect ICE dominance for some time; ICE downsizing and PHEVs to receive greatest investment over next 5 years; mobility-as-a-service in cities

Green Car Congress

Even in the BRICs, ICE downsizing has become a big deal. The survey found that most companies are hedging their bets and spreading funding across a wide range of areas, with ICE downsizing and plug-in hybrids expected to receive the greatest investment over the next 5 years. Source: KPMG. Click to enlarge.

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Ricardo extends work with Lifan for new turbo gasoline direct injection engine

Green Car Congress

The new engine will achieve both China stage 3 fuel consumption and Euro 6 emissions regulations, offering the potential of application in both the Chinese and international markets. With work on the project starting in July, the first engines are due for production in late 2014.

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China’s largest carmaker to cut thousands of jobs at its joint ventures with GM and Volkswagen

Baua Electric

3 electric car (Source: SAIC-VW) Amid an intense price war and lost market share to BYD and Tesla, China’s state-owned automaker SAIC Motor is reportedly making drastic job cuts this year at its joint ventures with General Motors and Volkswagen and at its EV unit – with mass layoffs a rare move for a China-owned company. SAIC-VW ID.3

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JAC and Ricardo develop production version of HyBoost concept; seeking 30% boost in fuel economy with same performance

Green Car Congress

The Ricardo HyBoost concept is based on a downsized, highly boosted turbocharged direct injection gasoline (TDGI) engine giving improved fuel economy at low cost, linked to a 48V electrical architecture including a belt starter generator (BSG), DC-DC converter and a lithium-ion battery for energy storage. This launch vehicle replaces the 2.0L