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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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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.” billion euros (USD 6.9

Europe 52
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How the AI Boom is a Windfall for Tiny Anguilla

Cars That Think

Vince Cate Vince Cate is a software developer and the founder of DataHaven.Net , which handles sales of the.ai Somebody else saw that and convinced the government to give it to them, so it went to this company in Taiwan. They had this idea, that in Chinese “ài” means love. They thought they could market it to [Chinese websites].

Tuvalu 144
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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

increase (558,700 more units) on the same period in 2015—largely driven by growth in the Chinese and European markets. The popularity of SUVs in China has been an ongoing source of growth, and the trend continued last quarter, with the country accounting for 36% of total sales in Q1 2016. market share in Q1 2015 to 11.4%

2016 150
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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 94
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Pike forecasts sales of electric two-wheelers in Asia Pacific to reach more than 65M units in 2018; China dominates

Green Car Congress

Electric two-wheel vehicle sales by country, Asia Pacific: 2012-2018. Pike Research forecasts that annual sales of electric two-wheel vehicles (e-scooters, e-motorcycles, and e-bicycles) will show robust growth and reach more than 65 million units in 2018. On a cumulative basis, forecasts Pike, sales in. Source: Pike Research.

Asia 244
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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 105