1 M BY MARK KANE Chinese lithium-ion battery manufacturer Contemporary Amperex Technology Ltd. intends to build a factory in Europe. Bloomberg reports that CATL is considering three countries – Germany, Poland, Hungary, which strongly support battery investments and are close to EV assembly facilities. Poland was already chosen by LG Chem, while Hungary got the… Continue reading CATL To Build Battery Factory In Europe Like LG Chem & Samsung SDI
Tag: Strategy
Nissan: Nissan aims to sell 1 million electrified vehicles a year by FY2022
Nissan M.O.V.E to 2022 midterm plan targets technology evolution with electric vehicle leadership, autonomous driving expansion and the delivery of mobility services YOKOHAMA, Japan – Nissan Motor Co., Ltd. today unveiled plans to launch growing numbers of electrified vehicles, expand and evolve autonomous driving systems, and accelerate vehicle connectivity as part of its Nissan M.O.V.E.… Continue reading Nissan: Nissan aims to sell 1 million electrified vehicles a year by FY2022
Nexteer CEO Zhao Guibin: Seeking Innovation-driven Growth
SHANGHAI, March 23, 2018 /PRNewswire/ — Following the acquisition by Aviation Industry Corporation of China (AVIC) in 2011, the 110-year-old Nexteer Automotive, once an auto parts division under GM, has found its way into rapid development. The EVs and autonomous vehicles are gaining impetus, what impacts will the market changes exert on the company’s future… Continue reading Nexteer CEO Zhao Guibin: Seeking Innovation-driven Growth
Ford partners with India’s Mahindra Group to build new electric vehicle
The latest step towards the large-scale transition to electric vehicles was signalled this week. Car giants Ford and the Mahindra Group have agreed to work together on developing a new EV for the huge Indian market, but potentially for sale elsewhere. The two companies signed five separate, non-binding memoranda of understanding (MoU) which will develop… Continue reading Ford partners with India’s Mahindra Group to build new electric vehicle
UPDATE 2-Nissan sees electric car sales surging to 1 mln annually by 2022
YOKOHAMA, Japan (Reuters) – Nissan Motor Co (7201.T) announced plans to sell 1 million electric vehicles (EVs) annually by 2022, a six-fold jump from what it sold last year, and said it had no plans to stop testing its self-driving cars on public roads, calling them safe. FILE PHOTO: The logo of Nissan is seen… Continue reading UPDATE 2-Nissan sees electric car sales surging to 1 mln annually by 2022
Mahindra and Ford Sign MoUs to Co-Develop Midsize and Compact SUV, Electric Vehicle and Connected Car Solutions
Strengthen strategic collaboration focusing on product development for India and emerging markets Agree to evaluate co-development of compact SUV and electric vehicle, along with sharing powertrain portfolios Embark on joint development of connected vehicle solutions Chennai, India, March 22, 2018 – Mahindra Group and Ford Motor Company will jointly develop new SUVs, and a small… Continue reading Mahindra and Ford Sign MoUs to Co-Develop Midsize and Compact SUV, Electric Vehicle and Connected Car Solutions
Groupe PSA: Nine Additional Centers of Competence for Engineering Center at Opel in Rüsselsheim
RÜSSELSHEIM, Germany–(BUSINESS WIRE)–Regulatory News: The Engineering Center in Rüsselsheim reinforces its position as a core part of the global Groupe PSA (Paris:UG) R&D footprint: Nine additional Centers of Competence in various areas of technology will be located there, including the development of seats and manual transmission systems for the whole Groupe PSA. The number of… Continue reading Groupe PSA: Nine Additional Centers of Competence for Engineering Center at Opel in Rüsselsheim
Auto parts supplier: ZF Friedrichshafen pumps billions into development
ZF Friedrichshafen ZF, which belongs to the Zeppelin Foundation of the city of Friedrichshafen, is planning two new plants for the production of parts for electric drives. (Photo: AP) The auto supplier ZF Under his new boss, Wolf-Henning Scheider, Friedrichshafen does not want to let up in the race for new products for electric and… Continue reading Auto parts supplier: ZF Friedrichshafen pumps billions into development
ZF Supervisory Board Starts New Term of Office
The three new members appointed to ZF’s Supervisory Board are: Dr. Gisela Lanza, who holds a Professorship for Production System and Quality Management at the Karlsruhe Institute für Technology (KIT); Axel Strotbek, who was Chief Financial Officer at Audi AG until September 2017; Dr. Mohsen Sohi, Chief Executive Officer of Freudenberg SE, the Technology Group.… Continue reading ZF Supervisory Board Starts New Term of Office
ZF posts record sales in 2017; announces increased research and development activities
“The world of mobility is spinning at high speed,” said Scheider. “We plan to provide our customers with pioneering solutions in all fields under our motto ‘See – Think – Act’, which is why we will further increase our research and development spending.” In 2017, ZF spent €2.2 billion on research and development, an increase… Continue reading ZF posts record sales in 2017; announces increased research and development activities