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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.

Chinese 259
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TM4 JV Prestolite Electric Propulsion Systems launches production at its Chinese facility

Green Car Congress

Leveraging TM4’s licensed technologies, PEPS develops, manufactures and markets high-end hybrid and electric motor systems for the sustainable mobility market. Several Chinese manufacturers are already using PEPS products and buses equipped with these technologies have been exported to countries such as Germany and Taiwan.

Chinese 199
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Europe will miss 2030 chip market goal, says ASML CEO – ET Auto

Baua Electric

Europe will miss its goal of raising its share of the global computer chip market to 20% by 2030 because it is not building manufacturing capacity fast enough, semiconductor equipment maker ASML CEO Peter Wennink said. “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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Visedo introducing new SRPM motor design for buses; 10% increase in power, better cooling

Green Car Congress

Finnish manufacturer Visedo is unveiling a new electric motor design at BusWorld 2017 that is optimized for the bus market and ready for mass manufacture. Visedo says that the upgrades enable it to offer the highest efficiency in the market across the RPM range, with the Visedo system being 31% more efficient than average.

Design 170
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IHS forecasts 11% rise in China automotive semiconductor market in 2014 due to safety and navigation features

Green Car Congress

The fast-growing semiconductor market for China’s automotive industry is set for double-digit expansion in revenue this year, propelled by an increasing desire among Chinese car buyers for added vehicle safety features and helpful infotainment applications such as car navigation, according to a new report from IHS Technology (NYSE: IHS).

China 199
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Are Homemade CPUs Alibaba’s Bid For Independence?

Cars That Think

But, impressive as that feat is, an even more significant chip design development by the Chinese tech giant may be making available the source code to a RISC-V CPU core its own engineers designed. The Chinese government is funding a lot of startups that are designing a variety of chips. parts or technology.

Taiwan 106
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The U.S.-China Chip Ban, Explained

Cars That Think

Commerce Department issued new rules that clamped down on the export of certain advanced chips—which have military or AI applications—to Chinese customers. has blocked chip sales to individual Chinese customers. along with several other countries, including South Korea and Taiwan) placed Russia under a chip embargo.

China 96