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Niobium is a metal primarily used by the steel industry as a ferroalloy strengthening element. Adding niobium reduces the amount and weight of steel required, an important feature for the automotive industry but also for infrastructure. Another key characteristic of the niobium market is its highly concentrated supply.
Mercedes-Benz has entered a far-reaching strategic partnership with the Chinese battery cell manufacturer Farasis Energy (Ganzhou) Co., Key elements of the agreement include the development and industrialization of advanced cell technologies, accompanied by ambitious goals for cost competitiveness. including taking an equity stake.
On 29 December 2020, Sichuan Yahua Industrial Group announced thatits subsidiary, Yahua Lithium, had signed a five-year supply agreement with Tesla. The total value of the contract is reported to be US$630-880 million, with Yahua Lithium to provide battery-grade lithium hydroxide to Tesla from 2021 to 2025.
The Chinese company is a provider of graphene materials that improve the range, robustness, charging speed, and service life of lithium-ion batteries. By investing in SuperC, we are supporting a cutting-edge technology with a promising future. China’s battery industry has logged rapid growth in recent years. billion in 2021.
Australia-based AVZ Minerals Limited has secured a strategic, long-term offtake partner agreement with Yibin Tianyi Lithium Industry Co., We are very pleased to conclude our discussions with Yibin Tianyi and to sign another binding offtake agreement for SC6 to a Chinese converter.
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. HFO-burning engines to 6G60ME-C9.5-LGIP
In its final future iteration, the fully electric and automated eVTOL could eventually carry four passengers plus luggage over a distance of up to 200 km. Our long-term aim is to industrialize this concept and, like a ‘Flying Tiger’, break new ground in this emerging and fast-evolving new mobility market.
China-based automobile manufacturer Guangzhou Automobile Group (GAC Group), the parent company of GAC Motor, has begun construction of a large industrial park for electric and intelligent vehicles as part of its efforts to boost its electric vehicle business. More than 45 billion yuan (US$6.5 More than 45 billion yuan (US$6.5
The rapid increase in vehicle electrification in the automotive industry will have a major impact on global raw material markets. This specialized team is focusing on building close relationships with the raw material industry. Stefan Sommer, Group Board Member for Components and Procurement at Volkswagen Aktiengesellschaft.
Siemens Digital Industries Software has partnered with Tianmu Lake Institute of Advanced Energy Storage Technologies (TIES), a major Chinese energy storage research and development center, to build an Advanced Battery Technology Innovation Center. —Professor Hong Li, Chief Executive Officer at TIES.
In new comments, Tesla CEO Elon Musk said that software will shape the future of the automotive industry and added that he believes Chinese automakers are most competitive with Tesla on that front.
The way cars are used here, the ways in which cars interact with the environment, the way in which human beings reside in urban centers in China are profoundly going to seed the development of the auto industry in every other part of the world. Because the needs are different in China, and quite frankly, it’s an industrial development plan.
This is a key step toward achieving logistics automation in the near future. Trunk’s founders are Chinese pioneers in autonomous driving. The management team comprises AI experts, automotive-industry veterans, and logistics leaders, all with excellent track records. Ingo Ramesohl, the managing director of RBVC.
F) Arctic conditions in the frigid northern Chinese province of Heilongjiang. With methanol fuel price at Chinese pumps around 3RMB/L (€0.42/L Methanol fuel choices offer the world a road to a greener and more sustainable future. Geely is testing the world’s first methanol hybrid sedan in sub -40 °C (-40 ?F)
The oval-shape arena covering 406 square meters enables visitors to see, experience and understand how the future global hydrogen society can be ushered in by the safe, ecofriendly and efficient energy. The exhibit is open to the public from 26 August through 8 September. —Byungho Lee, the President of Hyundai Motor Group (China) Ltd.
China Merchants Heavy Industry has ordered 2 × MAN B&W 7S60ME-LGIM (Liquid Gas Injection Methanol) engines in connection with the construction of 2 × 9,300 ceu (car equivalent units) Pure Car and Truck Carriers (PCTCs) for China Merchants Energy Shipping (CMES).
Rendering of Geely Future Mobility Constellation. These first satellites are part of a planned constellation—the “Geely Future Mobility Constellation”—that will comprise 240 satellites, with the first phase of 72 satellites expected to be placed in orbit by 2025. —Tony Wang, CEO and Chief Scientist of Geespace.
While cobalt prices have shown positive signs of late, there are nuances within the market which highlight the key fundamentals that will likely decide cobalt’s future price trend—which is taking its cues less and less from the industrial metal supply chain, according to a new report from Benchmark Mineral Intelligence.
The permits mark a key turning point for the future of mobility in China, leading to an eventual expansion of driverless ride-hailing services to paying users across the country. Fully driverless cars providing rides on open roads to paying customers means we have finally come to the moment that the industry has been longing for.
Therefore, automakers are committing operational investments of nearly US$600 billion to secure their position in the future automotive market, according to GlobalData, a leading data and analytics company. The investments affirm that the future must be electric and there is no turning back for traditional automakers.
JAC Motors is a Chinese state-owned automobile and commercial vehicle manufacturer. Founded in 1964, JAC Motors is among the top four domestic Chinese vehicle brands, has an R&D team of 5,000 people. Ltd for joint product development.
The report is the culmination of MITEI’s three-year Mobility of the Future study, which is part of MIT’s Plan for Action on Climate Change. Understanding the future of personal mobility requires an integrated analysis of technology, infrastructure, consumer choice, and government policy. From Insights into Future Mobility.
Starting in 2016, this will be followed by two models developed specially for the Chinese market: These are the Audi A6 ( earlier post ) and a new mid-size limousine from the Volkswagen brand, both plug-in hybrids which are being developed together with the joint venture partners FAW Volkswagen and Shanghai Volkswagen and will be produced locally.
Steel is responsible for around 7% of man-made greenhouse gas emissions every year and is one of the world’s most polluting industries. Government and corporate net-zero commitments are pushing the steel industry to cancel out its emissions by 2050. The steel industry cannot afford to wait for the 2040s to start its transition.
Nippon Steel’s announcement is the latest example of the challenges faced by the steel industry in developed economies, notes Roskill: overcapacity and environmental regulations. The Japanese steel industry has a total capacity of 130 Mtpy. —Nikkei report.
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. ” India’s Tata Motors also hit a turning point.
At the end of February, Ipsos asked 1,620 Chinese citizens about their mobility preferences, and the fear of the coronavirus in changing their habits. Due to the epidemic, people will rethink how they move around in the future,” says a study on the consequences of the corona situation for the Chineseindustry.
Americans are much less likely than consumers in other major industrialized countries to purchase an electric vehicle or hybrid, largely because of concerns over access to charging stations away from home, according to a survey by global consulting firm OC&C Strategy Consultants.
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. BMW believes that China is the place to be for future mobility. China is the place to be.
China’s Ministry of Industry and Information Technology of China (MIIT) has verified Xpeng’s P7 electric sports sedan’s driving range to be NEDC 706 km (439 miles). The volume of the entire electric drive system is only 18.6L, and power density reaches the industry-leading 2 kW/kg level.
by Lewis Black, CEO of Almonty Industries. China’s government regulated its tungsten industry by limiting the number of mining and export licenses, imposing quotas on concentrate production, and placing constraints on mining and processing,” according to the USGS’ report [ 2 ]. Currently, the U.S.
The China Securities Regulatory Commission (CSRC), the Ministry of Finance and the US Public Company Accounting Oversight Board (PCAOB) signed an audit supervision cooperation agreement on August 26, which will be launched in the near future. For more articles, please visit CnEVPost.
In a recent interview with Chinese publication The Paper , Tesla China VP Grace Tao revealed that the company’s vehicle production operations in the country are nearly 100% localized. Tesla) is also a ‘local enterprise’ that has established roots in China and is organically integrated with China, knowing the Chinese market.
In the future, Geely Holding methanol vehicles will undergo EU certification and promotion to other European markets in support of accelerating the goal of reaching carbon neutrality. Geely Holding has been developing methanol vehicles and green methanol technologies for more than 17 years.
The new company will develop, assemble and market fuel cell systems for the Chinese market. The goal is to pool the technology and market expertise of both partners and contribute to the development of the Chinese fuel cell market and the transformation of the automotive industry there.
Hyundai Motor has entered into a memorandum of understanding (MOU) with Beijing-Tsinghua Industrial R&D Institute (BTIRDI) to establish a Hydrogen Energy Fund. The binational initiative’s primary objective is to spur investment in the hydrogen industry and value chain while also fostering growth of promising startups in China and Korea.
In a recent note, Jonas brought up some interesting discussion regarding Tesla’s potential in the eVTOL industry , and how he believes CEO Elon Musk’s answer was not convincing enough to put it off altogether. Morgan Stanley’s Adam Jonas is not one to shy away from some ideas that many investors would consider far-fetched.
Germanium and gallium both are important raw materials for the semiconductor industry, for fiber optic cables and for photovoltaics. In 2020, 66% of global germanium production came from China; for gallium, Chinese market dominance is even greater at 97%. Resources.
Westport Fuel Systems plans to expand its global manufacturing footprint in China in support of future growth of Westport’s hydrogen componentry business and other alternative fuel system technologies. Westport is focusing on China for this manufacturing expansion as China leads the world in hydrogen investment and infrastructure development.
However, the study reveals there has been an increase in interest in the US and Chinese markets. Increasing future sales for BEVs will rely on companies improving awareness of their product. Ipsos’ new 2020 Global Mobility Navigator Study, focusing on Electrification, found global interest remained on par with the numbers from 2019.
One of the common goals is to develop an electric vehicle, fully optimized for the mobility services that DiDi is offering, and also initiating a path towards a self-driving and on-demand mobility future. Tianjin Bin Hai Hi-tech Industrial Development Area (THT) and State Research Information Technology Co.,
With the new ACCELERATE strategy that it has just unveiled, the company will systematically prepare for the profound changes in the automotive industry in good time. With our strategy we will ACCELERATE towards the digital future. Future vehicle generations will be produced with a much small number of versions.
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.
The construction of the JAC Volkswagen R&D center will start before the end of 2018 and will focus on key areas such as connectivity, autonomous driving and other future strategic directions. The products which will be manufactured on the battery electric vehicle platform will address the e-mobility requirements of Chinese customers.
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