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    IHS Markit launches 2021 OEM-Supplier Relations (SuRe) survey
    The automotive industry’s global survey of OEM-supplier relations has returned, giving tier-one suppliers the opportunity to express their views and opinions on their relationship with every major OEM from today (April 12). IHS Markit's unique SuRe (Supplier Relations) Index scores and ranks OE...
    12-Apr-2021 News OEM Purchasing Pinned
    Android’s grip tightens on automotive OS
    Android Automotive has taken the automotive headunit by storm. From its initial introduction in early 2017 until now, six global automakers across more than 10 brands have signed on, accounting for nearly one-fifth of all vehicles once fully rolled out. The significance of Android Automotive lies wi...
    DuPont to build USD30-million plant for vehicle adhesives in Jiangsu, China
    DuPont has announced that it is investing roughly USD30 million to build a new production facility in mainland China in Zhangjiagang, Jiangsu Province. According to a company press release on 20 April, the new facility will produce adhesives for the transportation industry, to cater to demands for v...
    22-Apr-2021 News Investments
    Auto Shanghai 2021: MARELLI to debut new global brand, showcase e-Axle
    MARELLI will be present for the first time at Auto Shanghai 2021 since its integration of Calsonic Kansei and Magneti Marelli in 2019, according to 21 April. The company will exhibit e-Axle from its Electric Powertrain business unit, which integrates the e-Motor, inverter, and gearbox into one ...
    22-Apr-2021 News New Products
    BMW iX3 all-electric SUV to feature optional Tenneco CVSAe damper
    Tenneco has supplied its Continuously Variable Semi-Active Suspension with external valve (CVSAe) technology as an option on the BMW iX3 all-electric SUV, according to a company press release on 20 April. The new crossover electric sports utility vehicle (SUV) will be the first of 13 BMW n...
    Auto Shanghai 2021: Grupo Antolin presents car interior concept
    Grupo Antolin will showcase its technologies in the areas of cockpits, electronics, and lighting and Human Machine Interface (HMI) at the ongoing Shanghai Auto Show, according to a company press release on 20 April. The company is presenting its smart cockpit demonstrator INSPIRE, which feature...
    21-Apr-2021 News New Products
    Auto Shanghai 2021: Dongfeng Peugeot showcases new 4008 4WD PHEV, 508 L PHEV sedan
    Dongfeng Peugeot is introducing a new iconic “Lion” logo and presenting its new strategy designed by Peugeot made for its customers in mainland China, at the Auto Shanghai 2021, according to a company press release on 19 April. The company is also launching its new range of Peugeot 4008, 4008 PH...
    20-Apr-2021 News New Products
    Auto Shanghai 2021: Lincoln China debuts all-new Corsair PHEV
    Lincoln debuted the all-new Lincoln Corsair plug-in hybrid (PHEV) at Auto Shanghai 2021. According to a company press release on 19 April, the Corsair PHEV is Lincoln’s first locally produced new energy vehicle (NEV). Lincoln also officially debuted the Zephyr Reflection Preview Car and launched L...
    20-Apr-2021 News New Products
    Auto Shanghai 2021: Genesis debuts G80 electric sedan
    Genesis has introduced its first electric vehicle (EV), the electric model of the G80 (“Electrified G80”) to the global market at the Auto Shanghai 2021, the company said in a press release on 19 April. This was Genesis’ first appearance at Auto Shanghai. The company also showcased for the fir...
    20-Apr-2021 News New Products
    Auto Shanghai 2021: Audi to unveil A6 e-tron concept
    Audi will be revealing its four-door Audi A6 e-tron electric vehicle (EV) concept at Auto Shanghai 2021, the company said in a press release on 19 April. The EV is based on the Premium Platform Electric (PPE), which will also underpin for the automaker’s other electrified vehicles in the future as...
    20-Apr-2021 News New Products
    2021 Shanghai Auto Show: Valeo showcases thermal, lighting solutions
    Valeo is presenting innovative thermal and lighting technologies at the ongoing 2021 Shanghai Auto Show in mainland China, according to a company press release on 19 April. In the field of thermal, Valeo is showcasing new heat pump and FlexHeater smart heating technology. In the field of lighting, t...
    20-Apr-2021 News New Products
    LIZHI partners with WM Motor for in-car audio solutions
    LIZHI has announced a partnership with WM Motor under which the automaker will integrate LIZHI's audio product into its in-car system for electric vehicles (EVs), according to a 19 April press release. The in-car audio product has been officially launched on the WM W6 model. “We are excite...
    Volvo Cars, DiDi partner for autonomous driving test fleet
    According to a company press release dated 19 April, Volvo Cars, a global leader in automotive safety, and DiDi Autonomous Driving, the self-driving technology arm of DiDi Chuxing, have signed a strategic collaboration agreement on autonomous vehicles for DiDi’s self-driving test fleet. The XC9...
    Auto Shanghai 2021: MY 2021 Mercedes-Benz EQB electric SUV premiered
    Mercedes-EQ, Mercedes-Benz’s new electric mobility brand premiered the all-electric compact EQB sports utility vehicle (SUV) on 18 April at the first press day of Auto Shanghai 2021, according to a company press release on 18 April. The company will also premiere the EQS luxury sedan in Asia ...
    19-Apr-2021 News New Products
    Auto Shanghai 2021: Audi premieres PPE technology, four new EV models alongside FAW, SAIC
    For the first time, Audi is partnering with two other automakers, FAW and SAIC, at the Auto Shanghai 2021 according to a company press release on 19 April. Audi and its Chinese partner companies FAW and SAIC are showing four world premieres, including new Audi A6 e-tron concept vehicle, the updated ...
    19-Apr-2021 News New Products
    Toyota bZ BEV series launched
    Toyota Motor Corporation (Toyota) has launched ‘Toyota bZ,’ a new series of battery electric vehicles (BEVs), according to a company press release on 19 April. Toyota also unveiled a concept version of the Toyota bZ4X, which will be the first model in the bZ series, at Auto Shanghai Show in main...
    19-Apr-2021 News New Products
    XPeng, Zhongsheng Group sign MoU to accelerate smart EV adoption in China
    XPeng Inc., a Chinese electric vehicle (EV) maker, has entered into a Memorandum of Understanding (MOU) with an automobile dealership group in China called Zhongsheng Group, according to a press release on 15 April. The partnership aims to provide both XPeng’s smart EV products and Zhongsheng’s ...
    NIO, Sinopec unveil Power Swap Station 2.0 in Beijing, China
    Chinese electric vehicle (EV) manufacturer NIO, in partnership with Sinopec, has unveiled the second generation of its battery swap station in Beijing, China. According to a company press release on 15 April, the two companies have unveiled ‘NIO Power Swap Station 2.0’ at Sinopec's Chaoying Stat...
    19-Apr-2021 News New Products
    Joint venture: Bosch, Qingling Motors set up JV to produce hydrogen fuel cells in mainland China
    German automotive supplier Bosch and premium commercial vehicle manufacturer Qingling Motors have established a joint venture (JV) in mainland China, named Bosch Hydrogen Powertrain Systems (Chongqing) Co. Ltd. According to a company press release on 14 April, the new company will develop, assemble,...
    Auto Shanghai 2021: NTN to exhibit ball bearing products for electrified vehicles
    NTN Corporation has announced that it will exhibit products pertaining to electrification, low fuel consumption, and higher efficiency at the Auto Shanghai 2021 held in Shanghai, mainland China, from 19 to 28 April, according to a company press release on 15 April 2020. These mainly include bearings...
    16-Apr-2021 News New Products
    Marelli, WHST collaborate on radar solutions aimed at ADAS applications
    Automotive supplier Marelli and a high-tech radar company headquartered in Wuhu mainland China, Wuhu SensorTech Intelligent Technology Co., Ltd. (WHST) have signed an agreement focused on radar sensors, devoted to advanced driver assistance systems (ADAS) and autonomous driving (AD) applic...
    Honda, AutoX partner on autonomous driving research in mainland China
    Honda China is collaborating with AutoX on autonomous driving research in mainland China through vehicle testing on public roads. The company plans to equip the ACCORD and the INSPIRE vehicles with the AutoX autonomous vehicle technology. Through the test, Honda aims to deepen understan...
    ZF to supply mainland Chinese OEM with 4D Full-Range Radar
    ZF is to begin supplying its Full-Range Radar technology to mainland Chinese SAIC Motor Corporation from 2022. The Full-Range Radar technology perceives vehicle surroundings in four dimensions, including height, making it similar in capability to optical sensors, such as cameras and lidar. I...
    Auto Shanghai 2021: Toyoda Gosei to display steering wheel concept
    Japan-based Toyoda Gosei company will exhibit products for electrified vehicles and products related to autonomous driving in mainland China, at the Auto Shanghai 2021, according to a company press release on 12 April. The company will showcase a concept steering wheel module, which offers h...
    15-Apr-2021 News New Products
    GAC unveils sponge silicon electrode technology on GAC Tech Day
    GAC has a sponge silicon electrode technology on GAC Tech Day 2021, according to a company press release on 13 April. The company has put in “years of research” to develop and patent the “sponge silicon negative plate battery technology”. The battery makes the silicon negative sheet inside t...
    Ford commences Mustang Mach-E preorders in mainland China
    Ford’s intelligent all-electric Mustang Mach-E SUV is open for preorders in mainland China with prices from RMB265,000–379,900 (USD40,446–58,000) according to a company press release on 13 April. Ford is also building locally the high-performance GT version. The Mustang Mach-E GT First Edition...
    14-Apr-2021 News New Products
    Automakers struggling with pandemic-induced rubber plant shutdowns
    Automakers have begun struggling with rubber supply shortage issues, even as they work around COVID-19 pandemic-related plant shutdowns in terms of the global chip shortage, according to an article from Automotive News Canada dated 13 April. Significance: The rubber shortage is blocking...
    Auto Shanghai 2021: XPeng to debut new P5 lidar-equipped smart EV
    Chinese electric vehicle (EV) maker XPeng Inc. will showcase its third production EV model, the XPeng P5 smart sedan equipped with lidar at the Auto Shanghai 2021 in Guangzhou, China, according to a press release on 12 April. XPeng claims that P5 is the world’s first mass-produced smart EV equippe...
    Israel's Cipia wins DMS orders from Chinese OEM
    Cipia, formerly Eyesight Technologies, an AI computer vision in-cabin automotive solutions provider, announced that the company was selected by one of China's largest OEMs as driver monitoring system (DMS) supplier. The 2 new design wins build on Cipia's successes in the global DMS market, m...
    Novares breaks ground on new plant in Shenyang, China
    Novares broke ground on expansion of Shenyang plant in mainland China, which will increase the site’s capacity by 15 production lines, according to a company press release on 9 April. The expansion is expected to be completed on 31 October 2021, bringing the total land area of the Shenyang site to...
    13-Apr-2021 News Investments
    Auto Shanghai 2021: Honda to premiere all-new battery electric prototype vehicle, new plug-in hybrid model in Mainland China
    Honda Motor (China) Investment Co., Ltd., a wholly owned Honda subsidiary in mainland China, has announced the overview of Honda and Acura exhibits for the 19th International Automobile Industry Exhibition (Auto Shanghai 2021), which will take place in Shanghai, China from 19–28 April 2021, a...
    12-Apr-2021 News New Products
    Auto Shanghai 2021: GRAMMER AG to present Pure interior concept solution
    GRAMMER will showcase innovative interior solutions at Auto Shanghai 2021 that is scheduled to held from 19–28 April. According to a company press release on 8 April 2021, the company will present its recently developed ‘Pure’ interior concept, as well as solution ideas for the four innovation...
    09-Apr-2021 News New Products
    Faurecia to present ‘Cockpit of the Future’ at Shanghai Auto Show
    Faurecia will showcase its latest innovations for the ‘Cockpit of the Future’ and other mobility solutions at the Auto Shanghai, which will be held from 19 April to 28 April 2021, according to a company press release on 6 April. the solutions to be displayed are designed to cater to the needs of...
    07-Apr-2021 News New Products
    Genesis enters Chinese market, unveils G80 and GV80 models
    Global luxury automotive brand Genesis marked its official entry into China at Shanghai's International Cruise Terminal. The distinctive Genesis design philosophy was showcased with an unveiling of the Genesis G80, its mid-sized luxury sedan, and Genesis GV80, the first SUV in the lineup. Jaehoon...
    06-Apr-2021 News Investments
    Rheinmetall subsidiary to establish tech center for pistons in Nanjing, China
    Rheinmetall’s subsidiary KS Kolbenschmidt GmbH and its cooperation partners, including auto parts maker ZYNP Corporation and Riken Corporation, have joined forces to open a tech center in Nanjing, mainland China, Rheinmetall announced in a press release on 1 April 2021. The new ‘United Tech Cent...
    05-Apr-2021 News Investments
    Foretellix partners with HiRain for verification and validation of automated driving systems in mainland China
    Jingwei HiRain and Foretellix announced a new partnership to accelerate the distribution and adoption of Foretify, Foretellix's verification and validation platform. It aims to enable the mass deployment of advanced driver-assistance systems (ADAS) and autonomous vehicle systems in mainland Chi...
    Covestro completes first consulting project on CMF trends for Guangzhou Automobile Group
    Covestro is strengthening its color, material, and finish (CMF) capabilities. By way of this, the material supplier has completed its first consulting project on CMF trends and material design for the Advanced Design Department at the Research and Development Center of Guangzhou Automobile Group Co....
    Updated MINI app to be launched in 21 countries worldwide
    The MINI App—first introduced in July 2020 and launched in 33 markets (mainly in Europe), has been updated and now made available in the United States, Russia, Japan, Australia, and 17 other countries, and will be offered in Mainland China from April 2021, according to a company press release...
    01-Apr-2021 News Investments
    Radici Group invests USD40 million in high-performance polymers plants worldwide
    The RadiciGroup High Performance Polymers Business Area is investing over EUR35 million (USD40 million) to add to its global production capacity with new construction and installations in North America, Europe, and mainland China, according to a company press release on 31 March. Significance: ...
    01-Apr-2021 News Investments
    Cinemo ties up with iQIYI for video-on-demand in-vehicle multiscreen content in mainland China
    Cinemo has partnered with iQIYI to deliver video-on-demand multi-screen content into the vehicle, the company said in a press release on 29 March. The companies will power the in-car entertainment on Faurecia Xiamen IVI platforms in FAW Hongqi's flagship sedans. iQIYI will offer technical capabiliti...
    Geely Auto unveils new premium EV brand ‘Zeekr’
    Geely Auto has announced the formation of Zeekr Company Limited, a new electric mobility technology and solutions company based in Mainland China that will serve the growing global demand for premium electric vehicles (EVs), according to a company press release on 23 March. Geely Automobile Holdings...
    BAIC recalls 31,963 EVs in mainland China due to battery defects
    BAIC is recalling 31,963 electric vehicles (EVs) in mainland China due to battery defects, according to a report by Yicai Global 24 March. BAIC’s three subsidiaries will recall the certain EVs manufactured between 1 November 2016 and 21 December 2018. Significance: The recall is due to a potent...
    26-Mar-2021 News Recalls
    European Commission plans to impose antidumping duties on certain aluminum products from mainland China
    The European Commission has pre-disclosed on March 15 that intends to impose provisional antidumping duties ranging between 19.6% and 47.3% on certain flat rolled aluminum products from Mainland China, according to a press release by Hydro, a leading industrial company on 22 March 2021. The dutie...
    Volkswagen partner Gotion High-Tech to set up battery recycling plant in Hefei, mainland China
    Volkswagen’s Chinese battery partner Gotion High-Tech has announced plans to invest a total of USD1.8 billion in the construction of battery recycling and raw material production facilities for lithium-ion (Li-ion) batteries in Hefei city, reports electrive.com. The company expects to complete the...
    24-Mar-2021 News Investments
    CBAK Energy signs MOU with Hydrogen Energy Company to develop hydrogen fuel cells
    Chinese lithium-ion (Li-ion) battery manufacturer and electric energy solution provider, CBAK Energy Technology has signed a memorandum of cooperation with an unnamed, leading European hydrogen energy group with 100 years of operation history to promote the development of hydrogen fuel cells, accord...
    China Automotive Systems updates new proprietary EPS
    China Automotive Systems (CAAS) has updated its new electric power steering (EPS) product offering, according to a company press release on 22 March. The new EPS system has been developed based on the company’s proprietary technologies. CAAS has begun mass production of this product for new vehicl...
    23-Mar-2021 News New Products
    HELLA commences production of 48V DC/DC converter in mainland China
    HELLA has commenced the series production of its latest 48V DC/DC converter at Shanghai Electronics plant in mainland China, the German electronics and lighting specialist announced in a press release on 18 March. "Against the background of ever tightening emission targets, we see an increasingly...
    Dow plans USD250 million to build South China Specialties Hub for polyurethane production
    Dow has signed a memorandum of understanding (MoU) with the Zhanjiang Economic and Technological Development Zone Administrative Committee (Zhanjiang EDZ) in mainland China, to build the Dow South China Specialties Hub according to a company press release on 4 March. The company plans to invest USD2...
    16-Mar-2021 News Investments
    Mercedes-Benz to recall 2.6 million vehicles in mainland China over software design issue
    German automaker Mercedes-Benz will recall 2.6 million vehicles in China due to an issue regarding a software design, Reuters reported on 12 March, citing mainland China’s State Administration for Market Regulation. Software may fail to communicate a vehicle’s correct location in the event of a ...
    15-Mar-2021 News Recalls
    Kumho Tires plans USD297.8 million investment to nearly double capacity at Vietnamese plant
    Kumho Tire under ownership of China’s Doublestar Tyre has pledged USD297.8 million to nearly double the capacity at its tire plant in Vietnam to sustain exports to North America while avoiding hefty US tariffs, according to a regulatory filing. The company’s Chinese owner Doublestar also plan...
    15-Mar-2021 News Investments
    Vitesco Technologies moves into new regional headquarters in Shanghai
    Vitesco Technologies, a global supplier of modern powertrain technologies and electrification solutions, announced new regional headquarters located in Shanghai, mainland China, according to a company press release on 10 March 2021. Nearly 450 employees recently moved into their new, 6,000-square-me...
    Volkswagen expects EVs to account for half of all vehicles sold in mainland China by 2030
    Volkswagen (VW) expects 50% of its vehicles sold in Mainland China to be electric by 2030, according to a report by China Daily. This is part of VW's ACCELARATE strategy. The brand will be unveiling at least one EV per year to reach its new electrification goal. Significance: Volkswagen launched ...
    Chinese lawmakers call for more support for local automotive chip industry
    Mainland Chinese lawmakers have called for greater support and promotion of automotive chips made domestically and improving the supply chain to boost the development of the new energy vehicle (NEV) and smart vehicle markets, China Daily reported on 10 March. Chen Hong, a deputy to the National P...
    Grupo Antolin, NEAN Auto establish JV to develop automotive electronic solutions
    Grupo Antolin has established a joint venture (JV) with Chinese automotive electronics specialist Shanghai NEAN Auto Technology to jointly develop integrated electronics products for vehicles, the Spain-based supplier said in a press release on 9 March. The two partners will combine their expertise ...
    BlackBerry partners with Desay SV Automotive for dual-screen virtual smart cabin domain controller
    BlackBerry has announced a partnership with Desay SV Automotive to develop a dual-screen virtual smart cabin domain controller, according to an 8 March press release. The technology will leverage QNX Hypervisor and the QNX Real-time Operating System (RTOS) and will be available in Chery's Tiggo 8 Pl...
    Rheinmetall wins business for electromotor housings in China
    Rheinmetall joint venture (JV) HASCO KSPG Nonferrous Components (Shanghai) Co., Ltd. (KPSNC) has won a major order from a major undisclosed international automaker for supply of electromotor housings, according to a company press release on 3 March 2021. The order encompasses electromotor housings m...
    LIZHI to integrate in-car audio products into ECARX’s intelligent connected platform
    LIZHI Inc., a leading online UGC audio community and interactive audio entertainment platform in mainland China, has announced that the company has entered into a partnership agreement with ECARX, an automotive intelligence technology company, to integrate LIZHI's in-car audio product into ECARX's i...
    05-Mar-2021 News New Products
    Xpeng to offer EV models with LFP battery variant
    Xpeng is planning to offer new variants of its electric models with lithium iron phosphate (LFP) battery, Yahoo Finance reported on 2 March. The company is planning to launch the LFP variant of its P7 all-electric sedan soon, followed by G3 electric sport utility vehicle (SUV). The company reportedl...
    03-Mar-2021 News New Products
    Vibracoustic provides air springs and hydro bushings for FAW’s Hongqi E-HS9 SUV
    Vibracoustic is supplying front and rear axle air springs as well as hydro bushings for FAW’s new Hongqi E-HS9, the supplier announced in a press release on 2 March 2021. The all-electric luxury-class sport utility vehicle (SUV) is available on the Chinese market since late 2020. Hongqi is the lux...
    Hyundai breaks ground on fuel cell system plant in mainland China
    Hyundai has broken ground on a new fuel cell system in Guangzhou, mainland China, the company announced in a press release on 2 March. The construction of the HTWO Guangzhou plant is expected to be completed in the second half of 2022 and will have an annual production target of 6,500 units initiall...
    02-Mar-2021 News Investments
    Foxconn, GL Ventures invest in autonomous driving startup AutoCore
    Autonomous driving startup AutoCore has raised nearly CNY100 million (USD15.5 million) in pre-A round financing, according to a report by Yicai Global on 1 March. The funding was led by Foxconn and GL Ventures. AutoCore is a supplier of intelligent automobile software and hardware platform. Signi...
    02-Mar-2021 News Investments
    MWC Shanghai 2021: 5GAA presents latest development of C-V2X applications
    The 5G Automotive Association (5GAA) has discussed the latest interoperability applications for connected vehicles and the large-scale test of cellular-vehicle-to-everything (C-V2X) communications at the Mobile World Congress Shanghai 2021. In a press release dated 25 February, 5GAA spoke ...
    Three-day MWC Shanghai 2021 begins with 'Connected Impact' theme
    GSMA inaugurated the MWC Shanghai 2021 with a keynote address from its director general Mats Granryd, kickstarting a three-day event focusing on a ‘connected impact’ theme. The connected impact theme is based on connectivity using telecommunications, most notable 5G, for multiple industries incl...
    LIZHI launches new audio product with the Mercedes Benz S-Class in mainland China
    LIZHI has announced that its audio product is featured in the Mercedes Benz S-Class vehicles in mainland China, according to a company press release on 22 February. It is available via Huawei Mobile Services for Car. LIZHI will use its audio technologies and the capacity of HMS for Car to integra...
    24-Feb-2021 News New Products
    SAIC Motor ties up with Horizon Robotics for vehicle semiconductors
    SAIC Motor has signed an agreement with Horizon Robotics for vehicle semiconductors, according to a China Daily reported on 23 February. The companies will use their portfolio to develop new vehicle technologies and conduct research and development of intelligent and connected vehicles. SAIC will...
    WM Motor raises USD1.8 billion line of credits from Chinese banks to fund growth
    Mainland China-based electric vehicle (EV) startup WM Motor has raised CNY11.5 billion (USD1.8 billion) line of credit from mainland Chinese banks, Bloomberg reported on 9 February. The funding includes the first tranche of CNY3.5 billion and comes from 11 lenders, led by Shanghai Pudong Development...
    ACQUISITION: Faurecia acquires China-based high-pressure hydrogen tank manufacturer CLD
    In a move to strengthen its hydrogen mobility strategy, Faurecia has acquired mainland China-based  high-pressure hydrogen tank manufacturer CLD, the company announced in a press release on 16 February. Faurecia and CLD will develop and manufacture homologated type III and IV hydrogen storage t...
    ZKW generates revenue of USD1.25 billion in FY 2020
    ZKW has reported revenue of EUR1.03 billion (USD1.25 billion) in 2020 compared with sales of EUR1.25 billion in 2019, according to a company press release on 11 February. In 2020, the company employed around 10,000 workers. “We were able to maintain production at our locations through a major o...
    Tesla to recall 36,000 Model S, Model X vehicles in mainland China over memory card issues
    US electric vehicle (EV) manufacturer Tesla is recalling 36,000 imported Model S and Model X vehicles in mainland China over multimedia memory card issues, according to a report by Yicai Global on 5 February. The recall covers 20,428 units of Model S cars produced between September 2013 and February...
    10-Feb-2021 News Recalls
    NIO partners with Hefei government in China to develop EV industrial park
    Electric vehicle (EV) startup NIO has partnered with the Hefei government to develop an electric vehicle (EV) industrial park in central Anhui province in China, Bloomberg reported on 4 February. The Hefei Xinqiao Smart Electric Vehicle Industrial Park is expected to integrate EV research and develo...
    Bosal to open new plant and R&D center in mainland China
    Bosal is opening a new plant and research and development (R&D) center in Shanghai, China, according to a company press release on 2 February 2021. The plant will manufacture emission control systems for passenger cars to start with, growing the operation in the next three years to approximately...
    08-Feb-2021 News Investments
    Covestro to set up new plant for polyurethane dispersions and polyester resins in mainland China
    Covestro is planning to set up a new production facility for polyurethane dispersions (PUDs) at the Covestro Integrated Site in Shanghai, China (CISS) to meet the rising demand for environmentally compatible coatings and adhesives in the Asia Pacific region, the company announced in a press release ...
    08-Feb-2021 News Investments
    CATL to set up new battery plant in Guangzhou province in mainland China
    Contemporary Amperex Technology (CATL) has signed a cooperation framework agreement with Guangdong Province to set up a new lithium battery plant, the company announced in a press release on 2 February.  In the first phase, CATL will invest CNY12 billion in the plant, which will have a capacity...
    05-Feb-2021 News Investments
    Li Auto sets up new R&D center in mainland China
    Mainland Chinese company Li Auto has set up a new research and development (R&D) center in Shanghai, mainland China, the company announced in a press release on 1 February. The R&D center will be dedicated to the development of advanced electric vehicle (EV) technologies. These technologies ...
    05-Feb-2021 News Investments
    CBAK to expand battery production capacity in mainland China
    In a press release dated 3 February, CBAK Energy Technology has announced that it will expand battery production capacity in Nanjing and Dalian plants in mainland China. For its Nanjing manufacturing plants, the Company plans to attain a total capacity of 8 GWh per year to produce lithium batteries ...
    04-Feb-2021 News Investments
    FAW, Silk EV form global JV to develop luxury full-electric, hybrid luxury models under Hongqi S series
    Mainland China-based automaker FAW and Silk EV, an international automotive engineering and design company, have decided to set up a global joint venture (JV) to develop a series of ultra-luxury, high-performance, new energy sports vehicles for the China and global markets, Silk EV announced in a pr...
    Ford drops plans to set up EV joint venture with Zotye in mainland China
    Ford Motor has dropped its plants to set up an electric vehicle (EV) joint venture (JV) with Zotye in mainland China, Reuters reported on 4 February citing Ford. According to the report, the decision was taken due to change in government policies since the policy was first signed in 2017. Si...
    Tesla starts production of Superchargers at Shanghai plant in mainland China
    Tesla has commenced production of Superchargers at its new plant in Shanghai, China, Bloomberg Quint reported on 3 February citing a statement from Tesla. The company is planning to build around 10,000 superchargers at the plant annually. Significance: Tesla’s plans to manufacture Superchargers...
    04-Feb-2021 News Investments
    Giti Tire supplies OE tires for ŠKODA KAROQ for European market
    Giti Tire is supplying the GitiSynergyH2 tires as OE fitment for ŠKODA KAROQ in Europe, according to a company press release on 29 January. The company will provide OE tires in size 225/55R17 97V. “To secure both passenger car and commercial vehicle OE fitments with the GitiSynergyH2 is t...
    Xpeng’s vehicle delivery increases more than five-fold y/y in January to 6,015 units
    In a press release dated 1 February, Xpeng announced that it delivered around 6,015 electric vehicle (EV) units in January, which is a growth of 470% year on year (y/y). Total January deliveries consisted of a record high 3,710 units of  P7 electric sedan and 2,305 units of G3 sport utility veh...
    Marelli, Highly International officially establish ‘Highly Marelli’ JV
    Marelli and Highly International (Hong Kong) Limited have officially established ‘Highly Marelli’ joint venture (JV), Marelli announced in a press release on 28 January. The JV will be focused on cabin comfort business. “This is a strategically significant and exciting partnership for Marel...
    Taiwan, US to discuss supply chains amid semiconductor shortage
    Taiwan will hold a virtual meeting to discuss the current supply chain issues with the United States the week beginning 1 February, Reuters reported on 30 January. Amid a global supply shortage of automotive semiconductors, Taiwan Minister of Economy Wang Mei-hua will hold the meeting with semi...
    TI Fluid Systems to supply plastic fuel tank technology to Volkswagen China
    TI Fluid Systems, a global supplier of automotive fluid systems technology, announced that it will provide a new generation of plastic fuel tank design to Volkswagen China, according to a press release on 29 January 2021. The new fuel tank tech is capable of meeting stringent pressure demands within...
    Xpeng recalls nearly 14,000 vehicles in mainland China to replace inverters
    Xpeng Motors will recall 13,399 electric vehicles (EVs) in mainland China to replace inverters, Yicai Global reported on 29 January. The recall affects G3 electric sport utility vehicles (SUVs) over the risk of loss of power while driving, according to the repot citing a statement on the websit...
    01-Feb-2021 News Recalls
    Kandi wins order to supply 3,000 units of all-electric K23 to a ride-sharing partner
    Kandi has won an order to supply 3,000 units of its all-electric vehicle K23 to an operating company in its ride-sharing alliance, the company announced in a press release on 28 January. The cars will be deployed in the ride-sharing market by operator Zhejiang Ruiheng Technology Company. The sa...
    SONTIAN establishes new automotive brushless motor manufacturing facility in mainland China
    SONTIAN has established a new automotive brushless motor manufacturing facility in mainland China, the company said in a press release on 28 January. The plant spans over 80,000 square meters and is estimated to provide an output value of USD120 million. The plant will focus on manufacturing diff...
    Faurecia launches new seating JV with BAIC in mainland China
    Faurecia has officially launched its new seating joint venture (JV) with BAIC in mainland China, according to a company press release on 28 January 2021. Following approval from the appropriate regulatory bodies, Faurecia has completed the acquisition from DAS Corporation of 50% of their JV with BAI...
    TSMC expediting automotive semiconductors production
    Taiwan Semiconductor Manufacturing Co., Ltd. (TSMC) is expediting automotive semiconductors through its wafer fabs and reallocating wafer capacity, Reuters reported on 28 January. TSMC is said to have prioritized dealing with the issue of the automotive chip supply shortage. “The automotive sup...
    TSMC to prioritize automotive semiconductors production if possible, says Taiwan’s Economics Ministry
    Taiwan Semiconductor Manufacturing (TSMC) will prioritize automotive semiconductors production if it can increase capacity, according to a statement by the country’s Economics Ministry, Reuters reported on 26 January. TSMC has reportedly told the ministry that it will optimize the production proce...
    SK Innovation invests in Chinese battery swapping company Blue Park Smart Energy Technology
    South Korean battery maker SK Innovation has invested in mainland China-based battery swapping company Blue Park Smart Energy Technology, Yonhap News Agency reported on 21 January. SK Innovation has acquired around 13.3% stake in Blue Park Smart Energy Technology (BPSE) in exchange for the investmen...
    26-Jan-2021 News Investments
    CATL to build new LFP cathode material plant in mainland China
    Mainland Chinese battery manufacturer Contemporary Amperex Technology (CATL) is planning to build a new plant for lithium iron phosphate (LFP) cathode material in mainland China, news website Inside EVs reported on 24 January. According to the report, CATL will invest around USD280 million in the ne...
    25-Jan-2021 News Investments
    Xpeng to integrate Amap’s third-generation in-car navigation system
    Xpeng has announced the deployment of Amap’s third-generation in-car navigation system in its vehicles, the company said in a press release on 22 January. The P7 electric vehicle (EV) will be the first vehicle to use a Surrounding Reality (SR) display for navigation assisted autonomous driving. ...
    Audi, FAW to set up new JV for manufacturing EVs in mainland China
    Audi and mainland-Chinese automaker FAW have decided to set up a new joint venture (JV) for manufacturing electric vehicles (EVs) in mainland China, Audi announced in a press release on 18 January. AUDI AG and Volkswagen Group China will hold a 60% stake in the new Audi-FAW JV. The company will manu...
    Geely, Foxconn form new JV to offer customized consulting services
    Zhejiang Geely Holding Group and Foxconn Technology Group decided to set up a joint venture (JV) to provide OEM production and comprehensive customized consulting services relating to whole vehicles, parts, intelligent drive systems, automotive ecosystem platforms, electric vehicle industry val...
    Hyundai confirms plans to build new fuel cell system plant in mainland China
    South Korean automaker Hyundai has confirmed that it will build a new fuel cell system plant in Guangzhou, China, according to a company press release on 15 January. Construction of the plant is scheduled to start in February and is expected to be completed in the second half of 2022. The plant...
    18-Jan-2021 News Investments
    XPENG releases beta version of Navigation Guided Pilot highway autonomous driving solution
    XPeng has unveiled the beta version of its Navigation Guided Pilot (NGP) highway autonomous driving solution as a part of road tests in the mainland Chinese city of Guangzhou, the electric vehicle (EV) company announced via a press release on 15 January. The Company intends to launch NGP to its C...
    18-Jan-2021 News New Products
    GM aims 40% of new launches in mainland China to be NEVs in next five years
    General Motors (GM) is planning to have more than 40% of its new launches in China to be new energy vehicles (NEV) in the next five years, the company announced in a press release on 6 January. General Motors said that, along with its joint ventures, it delivered 2.9 million vehicles in China in 202...
    SAIC unveils new smart EV brand IM powered by NVIDIA DRIVE Orin
    Mainland Chinese automaker SAIC has unveiled a new smart electric vehicle (EV) brand IM in mainland China. The long-range EVs from the IM brand will feature artificial intelligence (AI) capabilities powered by the high-performance NVIDIA DRIVE Orin compute platform, NVIDIA announced on its website o...
    CBAK Energy partners with JAC Motor for development of EV battery cells
    CBAK Energy has partnered with mainland Chinese automaker Anhui Jianghuai Motors Group  (JAC Motor) for development of electric vehicle (EV) battery cells, CBAK announced in a press release on 11 January. The companies plan to jointly develop cylindrical lithium-ion (Li-ion) batteries and batte...
    Xpeng Motor secures USD2.7 billion credit line from five Chinese banks
    Electric vehicle (EV) startup Xpeng has secured a signed a strategic cooperation agreement with five domestic banks to secure a credit line of RMB12.8 billion (USD2.7 billion) with an extensive range of credit facilities, the company announced in a press release on 11 January. Under the terms of the...
    Geely, Baidu to set up new electric car company
    Geely and Baidu have joined hands to set up a new company for development of connected and intelligent electric vehicles (EVs), Geely announced in a press release on 11 January. The new smart EVs developed based on Geely’s ‘Sustainable Experience Architecture’ (SEA) and Baidu will contribute i...
    NIO launches electric sedan with autonomous driving capability
    NIO has launched an electric sedan ET7 with autonomous driving capability, the company announced in a press release on 9 January. The sedan has been priced starting at CNY448,000 (USD95,55) or CNY378,000 with Battery as a Service (BaaS). The ET7 will be offered with three battery sizes and driving r...
    11-Jan-2021 News New Products
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