Starting next year, the Audi e-tron will be produced for the Chinese market by the FAW-Volkswagen joint venture at the Changchun plant. Between 45,000 and 50,000 units per year are planned. Another Audi electric model to be produced in China is the e-tron Sportback.
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With Hyundai-Kia, Ionity has a new partner. The Korean carmaker has just become a strategic partner and shareholder in the European high-power charging network founded by BMW, Ford, Daimler and Volkswagen.
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The German airport taxi start-up Volocopter has secured 50 million euros in a new financing round led by the Chinese Geely Group. The new funds will be used to bring Volocopter’s electric aircraft to commercial launch within the next three years.
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Deutsche Post DHL Group subsidiary StreetScooter and the Chinese car manufacturer Chery will be setting up a joint venture to build and sell electric delivery vans in China. The two companies signed a corresponding letter of intent during German Chancellor Angela Merkel’s trip to China.
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The Chinese battery manufacturer CATL and its subsidiary Brunp Recycling are planning to set up a joint venture for cathode materials. In this way, CATL intends to broaden its own supply of important raw materials.
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CNH Industrial joins Nikola, the US startup specialising in fuel cell and battery-electric trucks, with 250 million dollars. The investment is part of a new round of financing in which Nikola intends to generate more than a billion dollars in capital.
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Volkswagen Group subsidiary Audi and Chinese electric vehicle giant BYD are allegedly negotiating a battery cell supply contract for future electric models based on the Premium Platform Electric (PPE) Porsche, and Audi jointly develop.
WeiterlesenAffordable prices through economies of scale – this is what Opel wants to achieve in cooperation with PSA and Dongfeng through new platforms for electric cars and plug-in hybrids. Unlike the VW Group’s MEB, the trio wants to remain flexible. Christoph M. Schwarzer takes a close look at the strategy.
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The Volkswagen Group is exploring potential investment opportunities with Chinese automotive suppliers in a bid to secure access to “key technology” with a focus on e-mobility in the planet’s largest car market.
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Chevrolet will present the Menlo EV, a fully electric crossover model for the Chinese market, at the Chengdu Auto Show in September. While first pictures have already been leaked, as yet only a few technical details are known.
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Moovel, the joint venture of Daimler and BMW that will soon be Reach Now, is collaborating with Tier Mobility to expand its multimodal mobility app to include electric kick scooters. It remains unclear, what this means for the companies‘ own scooter brand Hive.
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The Toyota subsidiary Primearth EV Energy, which is also partly owned by Panasonic, is planning to build a fourth factory in China.
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The Charge4Europe joint venture, founded by RWE subsidiary Innogy and mobility service provider DKV Euro Service, is launching its operations. The young company will be supported by Hubject in setting up a pan-European, brand-independent roaming network of 100,000 charging points.
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JT Energy Systems will be taking over the former Solarworld plant in Freiberg, Germany. The company was founded by Jungheinrich and Triathlon Holding at the beginning of 2019 and aims to create “the largest European production centre for batteries and charging systems in intralogistics”.
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The joint venture Spotlight Automotive between BMW and Great Wall for the production of Mini electric vehicles in China may be in danger of failing. The strategic and cultural boundaries may prove too great, German media reports.
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The British oil company BP announced the establishment of a joint venture for charging infrastructure with the Chinese mobility company Didi Chuxing. The partners are planning to set up a nationwide network of charging stations for electric vehicles in China.
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The Japanese electric motor specialist Nidec and the Chinese vehicle manufacturer GAC have agreed to set up a joint venture for traction motors. The drives will initially be installed in GAC’s electric cars, but will later also be used by other manufacturers.
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Bosch eBike Systems and Magura plan to cooperate in the field of service and spare parts sales for bicycles and e-bikes ever more closely. A new jointly-owned company was founded for this purpose.
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Volkswagen plans to produce three electric models based on the MEB modular electrification system together with its China partner SAIC at the new plant in Anting near Shanghai. An internal report specifying two of the three models has been unearthed.
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Magna and BAIC have officially signed a framework agreement with the government of the Chinese city of Zhenjiang for the production of electric vehicles. The joint venture, led by BJEV, BAIC’s electric car subsidiary, is Magna’s first investment in a complete vehicle production site outside Europe.
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The Chinese real estate group Evergrande is underpinning its extremely ambitious electric car plans by setting up a joint venture with the German drive specialist Hofer Powertrain to develop and produce electric drives.
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The Dongfeng-Nissan joint venture is launching a fully electric pickup truck onto the Chinese market this month. The new model is part of the two companies’ strategy to bring more than 20 new electric models to China by 2022.
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Renault has now officially become the main shareholder in JMEV, the electric car offshoot of the Chinese manufacturer Jiangling Motors Corporation Group. With the acquisition and joint venture, Renault intends to expand its influence on the Chinese electric vehicle market.
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The forklift manufacturer Kion wants to set up its own factory for the production of lithium-ion batteries in Germany and has founded a joint venture with the Karlstein battery manufacturer BMZ Group to facilitate the process.
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With the Rocketman, Mini had already introduced the concept of a tiny city car priced below the well-known Mini in 2011. Now BMW really wants to build the xs Mini in China – as a battery-electric car.
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ViaVan, the joint venture of Mercedes-Benz Vans and the US startup Via, plans to convert all its locations to purely electric fleets by 2025. In Berlin, only fully electric vans are to be used from the end of 2020.
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Chinese electric bus manufacturer BYD plans to open a second factory in India with its local joint venture with Olectra. The plant could be built in northern India, although the exact location is not yet known.
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Nissan and its China partner Dongfeng are currently in talks with Didi Chuxing to establish a joint venture with Didi’s ride-hailing and car sharing services. The Japanese and Chinese car makers should supply Didi with electric vehicles.
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LG Chem and Geely are forming a joint venture in China for the production of electric car batteries. The plan is to establish a factory that will have an annual production capacity of 10 GWh by the end of 2021 to supply batteries for Geely electric vehicles.
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Volkswagen is investing 900 million euros in the Swedish battery manufacturer Northvolt. Part of the sum is earmarked for a planned joint venture between the two companies, another part goes directly to Northvolt.
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