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Eberspaecher’s new Tianjin plant to produce one million electrical heaters annually

TIANJIN – Eberspaecher Group opened its new production plant in Tianjin on April 10 to produce electrical heaters, according to a company news release. It will focus on manufacturing high-voltage heaters for battery electric and hybrid vehicles. In so doing, the company is strengthening its local presence and expanding its

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Youxia to produce smart electric vehicles in Huzhou

HUZHOU, Zhejiang – Shanghai Youxia Motors Co., Ltd. (Youxia) signed a cooperation agreement on April 19 with the government of Wuxing District of Huzhou City, Zhejiang Province to build a vehicle production plant in the city.   Youxia’s vehicle production project in Huzhou has a total investment of ¥11.5 billion

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30 million units, severe overcapacity, yet still lucrative to invest

China’s light vehicle sales are expected to surpass 30 million units in 2020, according to a forecast released by industry consultancy IHS Markit on April 5. If realized, that volume, which includes passenger cars, SUVs, MPVs, microvans, light vans, light trucks and pickups, would be almost twice what was sold

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IHS Markit: China light vehicle sales to hit 30 million units in 2020

SHANGHAI – Industry consultancy IHS Markit said in an analysis and commentary on April 5 prior to the Shanghai Motor Show 2017 that China’s light vehicle production and sales are expected to each hit 30 million units in 2020, as rising demand lures new and existing players to fight for

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Novelis to supply aluminum solutions to NextEV

SHANGHAI/ATLANTA – Novelis signed an agreement with Chinese startup NextEV (NIO) on March 16 to provide innovative aluminum solutions for its fleet of smart, high-performance, premium electric vehicles. The partnership with NIO marks Novelis’ first major commitment in the premium electric vehicle space. As the industry leader, Novelis is uniquely

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Geely moves into commercial vehicles: right timing or wrong bet?

Geely launched its new commercial vehicle brand Yuancheng Auto on October 26 in a year that featured huge overcapacity in the heavy-duty truck, light truck as well as passenger vehicle markets. Some believe Geely’s entry into the commercial vehicle sector could become a drag on Geely’s passenger vehicle business

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Auto China 2016: stronger, newer, smarter, longer and smaller

Auto China 2016, or the 14th Beijing International Automotive Exhibition, concluded on May 4 after a 10-day run. According to the show organizers, some 815,000 people visited the show from April 25 to May 4, which featured 1,179 vehicles (including 112 world premieres, 46 concepts and 147 new energy vehicles)

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Tianneng Power wins top battery brand award as demand for power batteries grow

BEIJING – Tianneng Power International Ltd. won the 2015 Best Chinese Electric Vehicle Battery Brand Based on Customer Satisfaction award from leading research group Ipsos, the company said in a statement on May 5. The award comes on the heels of winning Ipsos’ Chinese Motive Battery Brand award for three

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