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BMW introduces electric 3 Series for Chinese market

Green Car Congress

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.

Chinese 434
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Volkswagen global EV production network grows with launch of second German site in Emden

Green Car Congress

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. Production for the US market will start in Chattanooga in the fall.

Global 435
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Volkswagen Group and Chinese manufacturer Ganfeng sign memorandum of understanding for long-term lithium supplies

Green Car Congress

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.

Chinese 268
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Fiat Group Automobiles, Chrysler Group International and GAC Group to Produce Jeep vehicles in China for Chinese market

Green Car Congress

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.

Jeep 236
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GlobalData: Global automakers earmark nearly US$600B for EVs over next decade

Green Car Congress

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. VW Group stays on the top of the list with a US$100.5-billion billion investment through 2030. Toyota announced US$70.4

Global 370
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Hyundai Motor Group building new fuel cell system plant in China; first outside of Korea

Green Car Congress

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’s global hydrogen leadership and supports its push into China’s rapidly developing hydrogen industry.

Hyundai 277
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Finnish Minerals Group and Beijing Easpring to form JV company to advance €774M CAM plant project

Green Car Congress

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.

Companies 195