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  Nexteer forms electric power steering JV with Dongfeng
Automotive News China | 2017/4/18

Nexteer Automotive, a Chinese-owned maker of steering systems, is establishing a joint venture with Dongfeng Motor Co. to supply electric power steering systems to the state-owned automaker and its affiliates.  The venture will be equally owned by Nexteer and Dongfeng Motor Parts and Components Group Co., a subsidiary of Dongfeng. Nexteer said it will be located near the central China city of Wuhan where Dongfeng is headquartered.  
>> Read Full Story

  BorgWarner secures deal to supply transmission parts to Changan Auto
Automotive News China | 2017/4/7

BorgWarner Inc. says it won a contract to supply clutch and control modules for Chongqing Changan Automobile Co.'s first independently developed dual-clutch transmission.  The gearbox will be used in Changaní»s Eado plug-in hybrid, the Eado XT and a future SUV.
>> Read Full Story

  Suppliers to the Volkswagen Magotan
IHS Markit | 2017/4/4

Suppliers for the Volkswagen Magotan include Denso, Dana, Grupo Antolin, Continental AG, Brose, Mahle, Inteva Products, Gestamp, Schaeffler and ZF.
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  Novelis will supply aluminum to EV startup from Changzhou plant
Automotive News China | 2017/3/21

Novelis Inc., a major global supplier of automotive aluminum, contracted to supply aluminum alloys to NIO, a Shanghai-incorporated electric vehicle startup previously known as NextEV.  Under an agreement the two companies signed, Novelis will supply aluminum alloys to NIO from its plant in the east China city of Changzhou. 
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  Alibaba buys stake in Swiss HUD technology startup
Automotive News China | 2017/3/17

Alibaba Group Holding participated in an $18 million (124 million yuan) round  of funding for Swiss startup WayRay, which is developing a holographic head-up display, the  South China Morning Post  reported.  According to the Hong Kong-based newspaper, WayRay also formed a partnership with an Alibaba-backed carmaker, Banma Technologies. Banma plans to introduce a vehicle equipped with WayRay's augmented reality windshield display in 2018.
>> Read Full Story

  Fuyao Glass to expand production in U.S., Germany and Russia
Automotive News China | 2017/3/17

Fuyao Glass Industry Group plans to spend 1.4 billion yuan ($202 million) to expand production in Germany, the United States and Russia, company CEO Cao Dewang told state-owned  China Daily   newspaper.  Cao said he expects to spend up to 700 million yuan to build an automotive glass factory in Heidelberg, Germany, to supply Daimler, Volkswagen, Audi, Bentley and Jaguar Land Rover.

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  Wanfeng eyes U.S. acquisitions amid trade tensions
Bloomberg | 2017/3/14

Rising trade tensions are pushing Chinese wheel maker Wanfeng Auto Holding Group to seek further acquisitions in the United States to localize production and reduce exports.  The Xinchang auto parts supplier is in talks to buy a machinery company in the United States, said Wanfeng Chairwoman Chen Ailian in an interview. 
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  Contemporary Amperex to supply batteries for NEVS electric vehicles
Automotive News China | 2017/3/3

National Electric Vehicle Sweden, the Chinese-owned successor to Saab, has signed an agreement to buy lithium ion batteries from Contemporary Amperex Technology Co.  The batteries will be used to power electric vehicles built on the Saab 9-3 platform. 
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Chinese researchers target hydrogen fuel cells
Automotive News China | 2017/3/3

Two Chinese research institutes are teaming with a German company to develop fuel cells in Dalian, the China Daily reported. The Dalian Hydrogen Energy Research Institute will team with the Dalian Metal Surface Coating Research Institute to develop, produce and sell hydrogen fuel cells, according to the state-owned newspaper. 

>> Read Full Story

  Valeo's China sales rise on demand from domestic brands
Automotive News China | 2017/2/24

Valeo SA's sales to automakers in China advanced 22 percent year on year to 1.76 billion euros (12.76 billion yuan) in 2016.  Behind the robust sales growth was demand from domestic brands, which outperformed China's light-vehicle market, Valeo said.  In 2016, China's domestic automakers accounted for 42 percent of Valeo's revenue in China. 
>> Read Full Story
 

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