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Canada orders three Chinese companies to divest from Canadian critical minerals companies

Green Car Congress

The Government of Canada has ordered the divestiture of the following investments by three Chinese companies in Canadian critical mineral companies: Sinomine (Hong Kong) Rare Metals Resources Co., Limited is required to divest itself of its investment in Power Metals Corp.

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Benchmark: Chinese lithium carbonate premium narrows as hydroxide price increase accelerate

Green Car Congress

Lithium carbonate’s premium over lithium hydroxide in the Chinese domestic market, seen in the first quarter of 2021, is beginning to narrow, as shifting cathode chemistry demand continues to support hydroxide prices in China while carbonate gains soften amid limited spot transactions, according to Benchmark Mineral Intelligence.

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Stellantis takes 20% stake in Chinese EV maker Leapmotor

Electric Cars Report

billion to acquire approximately 20% of Chinese EV startup Leapmotor, making Stellantis a significant shareholder. The deal also outlines the formation of Leapmotor International, a 51/49 Stellantis-led joint venture that has exclusive rights for the export and sale, as well as manufacturing, of Leapmotor products outside Greater China.

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XPENG unveils G9 flagship electric SUV for Chinese and global markets at Guangzhou show

Green Car Congress

XPeng unveiled its new G9 flagship smart SUV at the 19th Guangzhou International Automobile Exhibition. The G9 is purposefully built with an international perspective, compliant with the C-NCAP and E-NCAP 5-star safety design standards, and the stringent EU WVTA vehicle certification standards. powertrain and supercharging system.

Chinese 259
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Deutsche Post DHL Group sells StreetScooter production rights to international consortium ODIN Automotive S.à.r.l.

Green Car Congress

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. Luxembourg). The deal includes the intellectual property for the D17 and D20 vehicle models as well as the two wholly owned subsidiaries in Switzerland and Japan.

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Stellantis production affected by cyberattack on Chinese supplier

Teslarati

Multiple car brands under Stellantis were affected by a cyberattack on Chinese supplier, Yanfeng International Automotive Co. Stellantis has been working hard to transition from producing internal combustion engine vehicles to electric vehicles. billion in the Chinese company.

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Tesla to appear at China International Supply Chain Expo in Beijing

Teslarati

Tesla will appear at the first China International Supply Chain Expo later this month, set to be held in Beijing. The event was organized by the China Council for the Promotion of International Trade, and it will run from November 28 to December 2. “We hope U.S. ties,” Zhang said.