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...
Read moreThe 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...
Read moreThe 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...
Read moreAustralian 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...
Read moreChina’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...
Read moreChina 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...
Read moreClick 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.
Read moreTesla 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...
Read moreChina’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...
Read moreToyota 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...
Read moreContemporary 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...
Read moreClick 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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