UK-based fuel cell specialist Ceres Power and Chinese automotive manufacturer Weichai Power have agreed to create a joint venture to manufacture fuel cells for the Chinese bus, commercial vehicle and stationary power markets. The two companies have agreed to create a £9-million fuel cell manufacturing JV in China, accelerating development of the 30 kW SteelCell… Read more »
Search Results Found For: "chinese"
Nidec’s E-Axle integrated traction motor system to be used in new Chinese EV
Nidec, which was founded in 1973 as a Japanese manufacturer of small electric motors, and now employs some 100,000 people in 40 countries, has developed an integrated traction motor system called the E-Axle. Nidec’s E-Axle fully integrates the reduction gearbox and inverter. Designed to be compact and lightweight, it weighs only 83 kg, and offers… Read more »
Chinese battery manufacturer CATL opens first North American base
Contemporary Amperex Technology (CATL), a China-based manufacturer of battery products, has opened its first North American sales and service facility. The new Detroit base is CATL’s fourth international site, following the opening of a Japanese subsidiary in May. CATL already supplies the North American market with core battery technologies for EVs and energy storage applications…. Read more »
Tesla buys land for Chinese factory
Tesla has acquired a 210-acre piece of land in the Lingang region of Shanghai for its planned Gigafactory 3. No price has been announced. Lingang is located on the coast, about 47 miles from the center of Shanghai. Several automakers with foreign connections have facilities there, and unmarked test vehicles are often seen on the… Read more »
Chinese lithium producer will supply a fifth of its production to Tesla
One of China’s top producers of lithium has agreed to supply a fifth of its lithium hydroxide production to Tesla’s battery suppliers. The agreement with Jiangxi-based Ganfeng Lithium runs from 2018 to 2020, and could be extended by three years. EV-makers have been scrambling to secure supplies of lithium for the past couple of years…. Read more »
Chinese EV-makers are coming: NIO debuts on NYSE
China is by far the world’s largest EV market – nearly 373,000 plug-in passenger cars were sold there in the first half of this year (according to EV Volumes). It’s widely believed that Chinese automakers hope to ride the electrification wave to the top of the global industry, but so far the only Chinese company… Read more »
Dongfeng Nissan begins production of Sylphy EV for Chinese market
The Nissan Sylphy Zero Emission, Nissan’s first EV made for the Chinese market, has begun rolling off the production line in Huadu, where joint venture partners Dongfeng and Nissan operate a major manufacturing facility. Nissan developed the new model based on the platform of the LEAF and the Sylphy, Nissan’s best-selling sedan in China. “Growth… Read more »
Novelis works to double its Chinese automotive aluminum capacity
Aluminum rolling and recycling specialist Novelis plans to create a continuous annealing solution heat (CASH) treatment line in order to add 100 kilotons to its aluminum production capacity. This expansion of an existing facility is expected to begin in 2018 and be fully operational by 2020. The $180-million endeavor will include a fully automated packaging… Read more »
Chinese and Chilean lithium giants make $4-billion stock purchase deal
China-based Tianqi Lithium has purchased a substantial number of shares in Sociedad Química y Minera de Chile (SQM), which claims to be the world’s largest lithium producer, in a deal worth approximately $4.07 billion. Chinese companies have been on a lithium buying spree recently, as prices of the “white gold” steadily climb. Tianqi and SQM… Read more »
Chinese companies increasing their pursuit of lithium resources
A recent report from metals and minerals research firm Roskill details how China is quickly working to increase its control of the lithium supply chain to support the rapid growth of its lithium-ion battery industry. The report provides examples of several major players who have recently announced or completed acquisitions. CATL, one of China’s largest… Read more »