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  LG Chem to spend $1.07B to expand battery plants in China
Reuters | 2019/1/15

SEOUL -- South Korea's LG Chem plans to invest 1.2 trillion won ($1.07 billion) to expand two battery plants in China by 2020 in a bid to meet rising global demand.   Under the investment plan, LG Chem will spend 600 billion won each at an electric vehicle battery plant and a small-sized battery plant in Nanjing, the company said in a statement.
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  How Bosch adapted to Chinese startup Byton's faster timeline
Lindsay Chappell | 2018/12/21

Chinese EV startup Byton aims to do things in new ways -- going from concept to market with a new brand and new vehicle in just three years.    And in a big break from tradition, Byton is contracting with German supplier Bosch to create its entire electric powertrain. That is radical thinking in an industry where engines, horsepower, engine blocks and engine sounds have long been the carefully guarded trademarks of the brands that use them.
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  China's biggest EV charging network expects to end losses
Automotive News Europe | 2018/12/21

Chinas largest vehicle charging-network builder expects to break even this year as rising use of its poles in major cities starts to generate income.   Qingdao Tgood Electric Co. Chairman Yu Dexiang said by email that the company is already profitable in major cities, including Beijing, Shanghai and Guangzhou.
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  Japan's Nidec to expand EV motor output outside China
Reuters | 2018/12/21

Nidec. Corp will add locations outside China to build motors for electric vehicles as the Japanese motor maker rethinks its supply strategy, the   Nikkei   business daily reported.   Because of U.S.-China trade tensions, Nidec has started shipping a number of its home electronics and auto parts from Mexico instead of China, the company's COO, Hiroyuki Yoshimoto, told the   Nikkei.   
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  LG, Samsung take heart as China flags more open car battery market
Reuters | 2018/12/21

For automotive battery makers LG Chem and Samsung SDI, China has begun to offer promise after painful, unprofitable investments.   The reason for their hardship: a government list of recommended battery suppliers published three years ago that became linked to generous car subsidies and did not include foreign companies.
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  SPECIAL VIDEO REPORT
Chinese dealers aim to learn from, invest in U.S. dealership groups
Automotive News TV | 2018/12/11

As new-vehicle sales cool in China, dealers are turning to their highly respected U.S. counterparts to learn how to create additional revenue streams in stores while preparing for potential investments in America.
>> Read Full Story

  Pininfarina, behind surge in clients, expanding China design team
Automotive News China | 2018/11/30

Italian automotive design house Pininfarina plans to increase the number of employees in China to 80 next year from 50 as it continues to win business from local automakers.   The number of auto design clients the company has landed in China has doubled in the past two years, Pininfarina said.
>> Read Full Story

  Brose launches output at 1.4 billion yuan Taicang plant
Automotive News China | 2018/11/30

Brose Group launched output at a new plant in Taicang in the east China city of Suzhou as the German supplier continues to hike production in China.
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  U.S. chipmaker Nvidia to provide AI platform for Chinese EV startups
Reuters | 2018/11/23

U.S. chipmaker Nvidia Corp. signed separate deals with Chinese electric vehicle startups XPeng Motors, Singulato Motors and SF Motors to develop autonomous driving technology. The companies separately said they will work on a series of projects from data collection to machine learning.
>> Read Full Story

  Gestamp opens plant in Tianjin to supply Hyundai, Daimler
Automotive News China | 2018/11/23

Spanish supplier Gestamp launched output at plant in the north China city of Tianjin to supply body-in-white and chassis components to Hyundai Motor Co. and Daimler. 
>> Read Full Story
 

TOP 10 HEADLINES
OF THE LAST WEEK
Regulatory chaos, confusion reign over EV market

GM China sales fall 9.9% in 2018

China to cut taxes, fees for manufacturers in 2019

Beijing mulls policies to encourage auto purchases in rural China

VW, China spearhead $300 billion global drive to electrify cars

VW plans China venture for charging EVs

Audi taps Infiniti's China chief to lead local sales

China wants Elon Musk to help promote stable ties with U.S.

Foton to sell 67% stake in Borgward to ride-hailing company, consultant

Byton seeks to raise $500 million

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