Tesla has found the spot to construct the Gigafactory 3 on Chinese soil. A 860,000 sqm plot of land in Shanghai has been secured according to a post the company made on social media of China and previous rumours had suggested as much. Still, the deal must be considered groundbreaking in every sense.
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Mitsubishi and GAC jointly kick-off production of their first electric SUV in the Chinese town of Changsha. The Eupheme EV offers a range of 410 kilometres according to the manufacturer GMMC, yet it is the base price after subsidies that will ultimately sway the consumers.
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Renault and Brilliance joined forces late last year to electrify the light commercial vehicle market in China. Now they announced their plans that include a lineup of a total of seven electric vans. Three models will hit China within the next two years under the Jinbei and Renault label.
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The preparations for Teslas Gigafactory in China are apparently progressing. As Bloomberg reports, Tesla is about to buy land for the factory for 145 million US dollars. A decision by the Shanghai city government to allocate the land to Tesla could already be made this month.
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Chinese EV start-up Byton, led by former BMW-i manager Carsten Breitfeld, takes over FAW subsidiary Huali (Tijian) Automobile and thereby secures a production license for serial production of electric cars in China. Byton had already closed an investment agreement with FAW in summer.
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BMW is pushing ahead with its electrical plans in China. First, the carmaker takes over the majority of the joint venture with local car manufacturer Brilliance, second, the joint venture announced that it would invest over 3 bn euros in new and existing plant structures in Shenyang.
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Geely has gone from acquisitions to creating something with those firms it gathered in hand. Insiders told Bloomberg of a new joint venture in the making that would see Daimler and its 10%-stakeholder Geely set up a ride-hailing service in China, possibly using Denza EVs.
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Volvo’s electronic performance brand Polestar has finally begun making their first vehicle, the Polestar 1, which they had introduced a year ago. Yesterday, Polestar announced having completed 34 of the electric supercars in Sweden – as a handmade series for testing.
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The Paris Motor Show saw Renault present their Showcar K-ZE, which is a prototype for the announced City SUV models, which will be released in China next year. Furthermore, the automobile manufacturer has announced additional PHEV and HEV versions of current vehicle models.
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The two EV charging infrastructure specialists from Germany and China have entered a collaboration to connect their charging networks, opening the door for new customers from around the world.
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The French company has launched an electric car-sharing initiative in Wuhan, China. The fleet will launch with 300 vehicles, before being upgraded to 3,000 vehicles by 2019. The car-sharing service will be operated by the joint venture Fengbaio Company.
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Ford and their Chinese partner Zotye have officially signed the contract for their planned joint venture which will provide electrified solutions for fleet operators and drivers in China to help address the fast-growing ride-hailing market.
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News reach us speaking of two strategic cooperations. Electric carmaker WM Motor of China has turned to BorgWarner as a seasoned supplier of electric drives. Also Byton, China’s EV startup with a western all-star board, announced a cooperation with Bosch.
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BYD has announced their plan to construct a battery factory with an annual capacity of 30 GWh in Xi’an, the capital of Shaanxi province. Its size will place it among the country’s “super factories” and is part of a wider push by BYD to increase production.
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BorgWarner has announced it is to supply its electric and hybrid drivetrains to three Chinese automotive players, among them Great Wall and its EV brand ORA. The other two OEMs have not been named so far yet overall the deal is huge for BorgWarner.
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Ikea has announced an accelerated time plan for their planned switch to electrified vehicles. As things stood, in 2020 deliveries in the inner city areas of Amsterdam, Los Angeles, New York, Paris and Shanghai will be conducted in a fully electric manner.
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General Motor’s joint venture in China, SAIC-GM agreed a cooperation with battery giant CATL. They aim to deepen cooperation in R&D for GM’s next battery technology for new energy vehicles in China. The move is a necessary one for GM.
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The US American battery specialist Farasis Energy has managed to collect more than one billion dollars in a new financing round. The money will be used to fund the expansion plans for the company, which include the set up of a new factory in Europe, to join the recently completed factory in China.
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The Chinese investor behind the potential comeback of Borgward has questioned the set-up of the factory in Bremen, while a new HQ was set up in Silicon Valley and a safety platform prototype for autonomous driving was introduced.
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The Chinese ministry for industry has announced further eliminations from their list of vehicles eligible for subsidies: This time 272 electric and hybrid vehicles will no longer be subsidized, because they had not entered production/been imported by the end of August.
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Volkswagen and their Chinese partner FAW have opened a new factory in Tianjin. The factory will serve to support their SUV offensive in China. It will serve as a production facility for Volkswagen and Audi SUVs, including PHEV variants.
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The planned launch of the Buick Velite 6 PHEV and the fully-electric version planned for the start of next year have been postponed because the batteries have failed internal performance and safety tests.
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The Canadian fuel cell specialist Ballard Power Systems has announced an extensive strategic partnership with the Chinese company Weichai Power: Weichai will be investing about 163 million dollars in Ballard.
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BYD has signed an agreement with the government of the Chinese city of Chongqing to construct a battery factory with an annual capacity of 20 GWh. This was announced via a statement to the stock market in Hong Kong.
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The joint venture’s first low-cost BEV has begun rolling off the assembly line at the Guangzhou factory in China. According to the manufacturers, it will be joined by another 5 models spread over several brands by the end of next year.
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Changan and Nio have announced their plan to found a joint venture named Changan Nio New Energy Vehicle Technology. The goal is to set up a new brand, which will develop and market battery-electric and hybrid vehicles in China.
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The South Korean manufacturer SK Innovation has begun construction on a new battery cell factory in the Chinese province of Jiangsu. The Changzhou factory is planned to have an annual capacity of 7.5 GWh.
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China and Japan have announced plans to cooperate on developing a new charging standard for ultra-fast vehicle chargers with more than 500 kW. A statement of intent will be signed by the CHAdeMO association and the China Electricity Council (CEC) on the 28th of August.
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Nissan has earmarked $900M for increasing their production capacity in China. They plan a new factory in Wuhan together with JV partner Dongfeng. Also existing facilities are to be expanded. Nissan is looking to grow their China business by 30%, including new energy vehicles.
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The city of Zhengzhou in China is testing 20 hydrogen buses made by Yutong. The first two have taken to the roads already, now serving on route 727. Another 18 fuel cell buses will follow as part of a commercial demo operation.
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