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The BMW Group continues to broaden its portfolio of electrically powered vehicles with the addition of the fully electric BMW 3 Series, which will enter the Chinese market in May 2022. Fine tuning of the BMW i3 eDrive35L’s suspension systems to Chinese road conditions has been carried out by the BMW Brilliance Automotive Ltd.
Hyundai Motor Group opened Hyundai Hydrogen World—an exhibition hall dedicated to the fuel-cell electric vehicle, related technologies and energy—at the center of the Century Square in Shanghai. —Byungho Lee, the President of Hyundai Motor Group (China) Ltd. The opening ceremony on Aug.
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., FCRD is a company that holds tremendous significance for Toyota's global FC strategies.
Fiat Group Automobiles S.p.A., Chrysler Group International LLC and Guangzhou Automobile Group Co., GAC Group) have reached an agreement to expand the joint venture partnership. In 2013, Jeep realized global sales of more than 731,000 units, with an annual growth rate of 4% and an annual growth rate of 29% in China.
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. China now accounts for over 11 million EVs sold annually – over half of global EV sales.
The Volkswagen Group and Ganfeng Lithium Co., Under the agreement, Ganfeng will supply lithium to the Volkswagen Group and its suppliers for the next ten years. Over the next ten years the Volkswagen Group will be launching 70-plus new pure electric vehicles. The global lithium demand is expected to more than double by 2023.
Volkswagen is expanding its global production network for electric vehicles by now starting to make the all-electric ID.4 Emden is now the second site for electric vehicles in Germany following Zwickau and also joins the Chinese plants in Anting and Foshan. The global production network will then grow to five locations.
Daimler AG is taking a major step forward in its China strategy with the closing of the company’s 12% investment in long-standing partner BAIC Motor, the passenger car unit of Beijing Automotive Group (BAIC Group), one of the top automotive companies in China. As one of China’s largest automakers, BAIC Group sold more than 1.7
Mercedes-Benz has entered a far-reaching strategic partnership with the Chinese battery cell manufacturer Farasis Energy (Ganzhou) Co., Mercedes-Benz buys battery cells from various partners in the world market, to secure access to the latest technologies as well as ensure the supply to its global production network.
VW Group stays on the top of the list with a US$100.5-billion Prior to this, Toyota had only a few BEV models manufactured with its Chinese partner GAC Group. and is an innovation leader with the highest number of patents filed amongst other global automakers. billion investment through 2030. Toyota announced US$70.4
Hyundai Motor Group signed an investment contract with the government of Guangdong Province to establish an offshore fuel cell system production facility in Guangzhou, China. The investment advances the Group’sglobal hydrogen leadership and supports its push into China’s rapidly developing hydrogen industry.
The Volkswagen Group is launching a major electro-mobility campaign in China—the the biggest initiative for e-mobility in China’s automotive history, said Prof. That is exactly what people all over the world and here in China expect of the Volkswagen Group. And at the same time they offer lots of driving pleasure. billion (US$25.1
Geely Auto Group (Geely Auto) officially announced the widely reported formation of Zeekr—a new electric mobility technology and solutions company based in China that will serve growing global demand for premium electric vehicles. The Chinese name of Zeeker has been confirmed as Ji Ke. Governance structure.
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 billion yuan (US$679 million).
Deutsche Post DHL Group is selling the rights and know-how for the production of its StreetScooter electric vehicles to the international consortium ODIN Automotive S.à.r.l. In addition, Deutsche Post DHL Group will become a minority shareholder in ODIN. In addition, Deutsche Post DHL Group will become a minority shareholder in ODIN.
Daimler AG and Zhejiang Geely Holding Group , the German and Chinese automotive groups, have formed a 50-50 globally focused joint venture to own, operate and further develop smart, the pioneer of small urban vehicles, as a leader in premium-electrified vehicles. For more than 2.2
EV Metals Group plc (EVM) launched the Australian Lithium Alliance, a strategic initiative to partner with Australian companies to accelerate exploration, development, mining, processing and production of lithium minerals.
Hyundai Motor Group (HMG) has completed its creation of a global innovation network with the establishment of Hyundai CRADLE Beijing. China is the world’s largest automotive market and has one of the largest start-up cultures globally, making it an ideal location for Hyundai Motor Group’s fifth CRADLE office.
In addition to new electric models, this also includes the transformation of the global production network. 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. In doing so we reaffirm our ambitions to take on a role as global leaders in electric mobility.
The BMW Group thus has become the first international auto maker to obtain the Autonomous Driving road test license in China, marking a big step on its path to Autonomous Driving. This achievement underlines BMW Group’s leading role in the development of autonomous driving in the Chinese automotive industry.
Working with Hyster-Yale Group and other project partners, Nuvera has incorporated E-45 engines into a Hyster top-loading container handler which will begin operation at the Port of Los Angeles later this year. Nuvera is also working on development of a Chinese fuel cell transit bus platform.
Spain-based SEAT, a member of the Volkswagen Group, signed a Memorandum of Understanding with Volkswagen Group China and Anhui Jianghuai Automobile Group Corp., 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.
Volkswagen Group Components is the central supplier for the first models of the new Volkswagen ID. family and numerous other Group brand models based on the modular electric drive matrix (MEB). 4 for the German, Chinese, and in future, US markets. The electric drives for the Chinese market are produced at the Tianjin factory.
The BMW Group has signed a long-term supply contract worth €2 billion for battery cells with the Swedish company Northvolt. The BMW Group will also source cells manufactured in Europe from the Chinese manufacturer CATL from the plant currently under construction in Erfurt, Germany. —Andreas Wendt.
GWh of passenger EV battery capacity was deployed onto roads globally in 2021—a 113% increase over 2020—as battery-electric vehicle (BEV) and plug-in hybrid electric vehicle (PHEV) sales surged year-over-year, according to Adamas Intelligence. A record 286.2 Japan’s Panasonic rounded off the top three with a record 41.4
Robert Bosch Venture Capital GmbH (RBVC), the corporate venture capital arm of the Bosch Group, has invested in Trunk, a startup based in Beijing. Trunk’s founders are Chinese pioneers in autonomous driving. Trunk provides combined hardware and software solutions for autonomous trucking.
F) Arctic conditions in the frigid northern Chinese province of Heilongjiang. With methanol fuel price at Chinese pumps around 3RMB/L (€0.42/L In the face of rising global gas prices, methanol fuel offers a viable cleaner affordable alternative, Geely said. —Eric Li, Chairman of Geely Holding Group.
Daimler Mobility Services and Geely Group Company, Geely Holding Group’s new business entity, will form a premium ride-hailing joint venture in China. Headquartered in Hangzhou, the 50:50 JV will provide ride-hailing mobility services in several Chinese cities using premium vehicles including but not limited to Mercedes-Benz vehicles.
The BMW Group is in advanced discussions to ramp up the global success of its MINI brand through a new joint venture in China. To this end, the BMW Group has signed a letter of intent (LoI) with the Chinese manufacturer Great Wall Motor. The BMW Group has no plans to set up an additional sales organisation in China.
The global push to convert the world to electric vehicles will cause supply chain complexities that could undermine the alternative energy transition in the United States, according to a new report from Rice University’s Baker Institute for Public Policy. Global Nickel Trade and Chinese Dominance.
The BMW Group is speeding up the shift towards electromobility and strengthening its global network for production of electrified vehicles. It will ramp up for the first time at our future plant in Debrecen, Hungary, before being rolled out across our global production network in stages. —Milan Nedeljkovi?.
These are some of the findings of a new health assessment based on the Tropospheric Ozone Assessment Report (TOAR), an effort by the International Global Atmospheric Chemistry Project to create the world’s most comprehensive database of surface ozone observations from all available ozone monitoring stations around the globe. Click to enlarge.
The company also signed a separate MOU with China Iron and Steel Research Institute Group (CISRI) and Hebei Iron and Steel Group (HBIS Group) for an equivalent aim in Jing-Jin-Ji area as it introduced Hyundai XCIENT Fuel Cell heavy-duty truck for the first time in China at the 2020 China International Import Expo (CIIE).
Volkswagen Group China is commencing construction of a battery system production factory in Hefei (Anhui province). VW Anhui Components Company is the first battery system plant to be wholly owned by the Group in China. Volkswagen Group's platform strategy is a competitive advantage which we are transferring into the e-mobility era.
The BMW Group further expanded its R&D footprint in China with the opening of a new R&D Center in Shanghai. China is already home to BMW Group’s largest R&D system outside of Germany, with locations in Beijing, Shanghai, Shenyang and Nanjing. The Shenyang R&D Center has a global-leading EMC laboratory. China is the place to be.
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. Xpeng Motors achieved numerous milestones this year.
In November 2021, Finnish Minerals Group announced that it was negotiating with China-based Beijing Easpring Material Technology on the possibility to establish a cathode active materials (CAM) plant in Kotka, Finland. Finnish Materials Group owns 40% of that joint venture. It is actively promoting global expansion.
The new app will be based on “Tuban Xiong”, an app which has already been successfully introduced to the Chinese market by Mercedes-Benz in 2018 and offers several functions especially aiming at increasing travel safety such as: Location Sharing, Trip Sharing, SOS-Call, Geo-Fencing, Bodyguard Service, Fake Call etc.
Denmark has been a global leader in sustainability, and has pledged to reduce its carbon emissions by 70% by 2030. Geely Holding has helped CRI introduce its technology to the Chinese market, further lowering the cost of green e-methanol and accelerating the global goal of achieving carbon neutrality.
Volkswagen Group China, Anhui Jianghuai Automobile Group Corp., The move is a significant step in reinforcing Sino-German cooperation, as well as supporting Volkswagen Group China’s drive to be a leader in e-mobility. Volkswagen’s SEAT brand will be introduced to China by 2020/2021.
The companies expect to work together on hybrid powertrain solutions to enhance their global competitiveness and create economies of scale. —Markus Schäfer, Member of the Board of Management of Daimler AG and Mercedes-Benz AG; responsible for Daimler Group Research and Mercedes-Benz Cars COO.
The BMW Group and the Chinese manufacturer Great Wall Motor signed an agreement to produce MINI electric vehicles through a new 50:50 joint venture based in China. The establishment of the new company is subject to approval from the relevant Chinese authorities and the completion of business registration procedures.
Utilization of renewable solar energy is crucial for addressing the global energy and environmental concerns and achieving sustainable development. Due to the lack of testing standards, it is difficult to compare the results obtained by different research groups or provide a reliable guide for large-scale implementation.
The core components for electric cars are developed and produced for the new electric vehicles at the Volkswagen Group Components plants: the electric drive comes from Kassel; the Salzgitter plant supplies its colleagues in Hessen with rotors and stators. 3 start-up marks a milestone for our Group. The success of the ID.3
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