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Daimler takes 12% stake in Chinese parter BAIC Motor; first non-Chinese automotive company to acquire an interest in a Chinese OEM

Green Car Congress

This marks the first investment by a non-Chinese automotive company in a Chinese OEM. The official closing of the transaction followed a short time after the signing of the investment agreement between the two companies in Stuttgart earlier this year and a smooth approval by the relevant Chinese authorities. Daimler in China.

Chinese 259
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JATO: Global car sales up by 2.8% in Q1 2016 due to SUV boost in China and Europe

Green Car Congress

million LCVs and passenger car units were sold across all segments globally in Q1 2016—a 2.8% increase (558,700 more units) on the same period in 2015—largely driven by growth in the Chinese and European markets. Sales of SUVs in Europe (including Russia and Turkey) gave the overall market a boost with 20% growth and 1.11

2016 150
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Taiwanese smartphone giant Foxconn reveals electric ute, global sales planned

EV Central

Taiwan’s Yulon Motors Co will start volume production of the Model C next year under the Luxgen n7 name. But Hon Hai says there are already plans in place for all three models to be built in Taiwan, Thailand and the USA. All up Hon Hai has now shown off five EVs, including the Model E luxury sedan and Model T bus seen in 2021.

Global 52
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Europe will miss 2030 chip market goal, says ASML CEO – ET Auto

Baua Electric

Global semiconductor sales are expected to grow from USD 600 million this year to more than USD 1 trillion by 2030, and all capacity currently planned in China will be needed. ASML equipment sales to China hit 6.3 “If you want to get to 20%, you just have to calculate how much you need to build here.”

Europe 52
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BNEF: global investment in energy transition hit $500B in 2020; $139B on EVs and infrastructure

Green Car Congress

Global investment in carbon capture and storage (CCS) tripled to $3 billion, and that in hydrogen was $1.5 A geographical split of BNEF’s energy transition investment data shows that Europe accounted for the biggest slice of global investment, at $166.2 Global investment in renewable energy capacity moved up 2% to $303.5

2020 259
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Honda Speaks About Near Future, EV Plans

The Truth About Cars

Honda also says it's continuing to aim to reach a goal of a 7 percent return on sales by fiscal year 2026. Honda is touting increased relationships with semiconductor manufacturers, including Taiwan Semiconductor Manufacturing Company Limited. Honda claims to be launching 10 electric motorcycles globally by 2025.

Honda 52
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Who Really Invented the Thumb Drive?

Cars That Think

7 billion In 2021, global sales of thumb drives from all manufacturers surpassed $7 billion, a number that is expected to rise to more than $10 billion by 2028. As soon as he had his license, NEC’s semiconductors division hired him as a sales executive. Three years later, in 1980, he moved to Sanyo as a regional sales manager.

Singapore 144