Home > 2018 > June

Why Suzuki is pulling out of China

The doors of China’s automobile manufacturing sector are wide open. But the path through it will be a two-way street. With its announcement on June 15 that it has transferred all 46 percent of its equity in Changhe-Suzuki Automobile Co., Ltd. to Chinese partner Changhe Automobile, Suzuki Group has likely begun a

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Sino-U.S. JV developing motorsport venue with a commercial twist

CHONGQING – A Sino-U.S. joint venture would rollout V1 Auto World by the end of 2018, a premiere end-to-end automobile destination spread over 650,000 square meters integrating world-class motorsports with innovative automotive commerce and leisure. The project involves investment of ¥6 billion by the New York-based Waitex Group and Hong

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FAW-Volkswagen completes Foshan Plant Phase II, to introduce MEB architecture and battery systems by 2020

FOSHAN, Guangdong – FAW-Volkswagen began production at its Foshan Plant Phase II on June 22, doubling annual output capacity from 300,000 units to 600,000 units at this southern production base. The first Volkswagen brand SUV model built by FAW-Volkswagen – the T-Roc – officially rolled off the line in April and

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Maxwell to provide ultracapacitor subsystem design for Geely/Volvo 2020 model year platforms

SAN DIEGO, California – Maxwell Technologies, Inc., a leading developer and manufacturer of capacitive energy storage and power delivery solutions, announced on May 8 a technology partnership with Geely Holding Group. The partnership focuses on the integration of state-of-the-art ultracapacitors and advanced power conversion electronics into Geely’s global automotive vehicle lineup

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CES Asia 2018: Cadillac officially debuts Super Cruise in China

SHANGHAI – Cadillac officially introduced Super Cruise™ in China at the CES Asia 2018 on June 13 in Shanghai. As the industry’s first true hands-free driving technology for the highway, Super Cruise™ can provide a safe, intuitive, intelligent and innovative driving experience for customers. Super Cruise™ will initially be applied on the

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BMW to cooperate with Baidu on home-to-vehicle connectivity, opens new R&D center in Shanghai

SHANGHAI – BMW China and Baidu signed an agreement on home-to-vehicle cooperation between BMW Connected and Baidu Internet of Vehicles at CES Asia 2018, which will further expand the application of BMW Connected – from vehicles and mobile devices into the digital lives of customers. This service enables customers to access

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Tesla to announce location of China Gigafactory soon, says Elon Musk

UPDATE: Tesla confirmed in late May at its shareholder meeting that it will build its Gigafactory including birth vehicle and battery production in Shanghai.  PALO ALTO, California – The mystery surrounding Tesla’s planned China factory got a little clearer on May 2, when CEO Elon Musk said the whereabouts of that factory will be announced soon. Musk made the comments while responding to a question from CNBC reporter Phil Lebeau regarding a second manufacturing facility

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