Renault invests $144 million into China’s electric vehicle sector

Renault invests $144 million into China’s electric vehicle sector

Auto maker Renault and the Jiangling Motors Corporation Group (JMCG) have officially set up a joint venture for electric vehicles in China. In an announcement Wednesday, Renault said that the venture would look to “further promote the...

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The UK government wants to fit all new homes with charging points for electric cars

The UK government wants to fit all new homes with charging points for electric cars

The UK government unveiled plans which could see all new-build homes fitted with electric-car charging points. The plans, which were laid out in a consultation published Monday, would look to support what the government described as “the growing...

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Ford, VW to announce new partnership to invest billions in autonomous and electric vehicles

Ford, VW to announce new partnership to invest billions in autonomous and electric vehicles

The joint venture being announced Friday will give Ford access to VW’s MEB platform, which serves as a base for Volkswagen’s ID.3 electric car, executives with first-hand knowledge of the deal said.  VW will take a stake in Argo AI, a...

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Pilbara Minerals inks additional lithium supply deal with China’s Great Wall

Pilbara Minerals inks additional lithium supply deal with China’s Great Wall

Australian lithium miner Pilbara Minerals on Tuesday said it had signed an additional deal with Chinese automaker Great Wall Motor Co Ltd to supply spodumene concentrate, a key mineral for electric vehicles. Deliveries under the deal will begin...

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China’s Dongfeng Plans Manufacturing Electric Cars in Egypt

China’s Dongfeng Plans Manufacturing Electric Cars in Egypt

China’s giant automaker Dongfeng Motor Corporation (DFM) held discussions with the Egyptian minister of trade and industry over manufacturing electric cars in Egypt, the Egyptian ministry said in a statement on Wednesday. “With the...

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China’s NEV Tally Has Risen 73% Over Past Year

China’s NEV Tally Has Risen 73% Over Past Year

China had 3.4 million registered new-energy vehicles (NEV) as of the end of June, up nearly 73 percent from a year earlier, according to official data from the world’s largest auto market. NEVs made up 1 percent of the 340 million...

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China News Weekly 117 – Tesla to Open Shanghai Gigafactory by Year End, City Official Says

China News Weekly 117 – Tesla to Open Shanghai Gigafactory by Year End, City Official Says

Click here to find more details This is NAI’s new China News Weekly. We will be covering the latest Chinese foreign investment trends every week. To continue to receive our China News Weekly, please click Here to subscribe.

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Tesla to Open Shanghai Gigafactory by Year End, City Official Says

Tesla to Open Shanghai Gigafactory by Year End, City Official Says

Tesla has all but completed construction of its Shanghai Gigafactory and expects to begin production by the end of 2019, according to a local government official. The Silicon Valley-based electric carmaker has already begun fitting production...

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Baidu-Backed Chinese NEV Maker WM Motor to Raise up to USD1 Billion, Founder Says

Baidu-Backed Chinese NEV Maker WM Motor to Raise up to USD1 Billion, Founder Says

China’s WM Motor Technology has opened its D-series funding to finance its electric motor industrial chain’s future development to the tune of up to USD1 billion. Shen Hui, the founder and chairman of the Shanghai-based new energy...

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Toyota to invest $2bn in developing electric vehicles in Indonesia

Toyota to invest $2bn in developing electric vehicles in Indonesia

Toyota Motor Corp plans to invest $2 billion to develop electric vehicles (EVs) in Indonesia over the next four years, starting with hybrid vehicles, Indonesia’s coordinating ministry for maritime affairs said. “From 2019 to 2023, we will...

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China’s CATL to Splurge max USD2 Billion on German Mega Battery Plant

China’s CATL to Splurge max USD2 Billion on German Mega Battery Plant

Contemporary Amperex Technology, China’s largest lithium battery  producer, will increase its investment nearly eight times in an upcoming  German base that may become the largest power unit factory in the world. CATL’s total...

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China News Weekly 116 – Chinese electric automaker BYD opens first plant in Canada

China News Weekly 116 – Chinese electric automaker BYD opens first plant in Canada

Click here to find more details This is NAI’s new China News Weekly. We will be covering the latest Chinese foreign investment trends every week. To continue to receive our China News Weekly, please click Here to subscribe.

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