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  CATL, Honda cooperate on EV battery development
Reuters | 2019/2/8

TOKYO -- Contemporary Amperex Technology and Honda Motor Co. signed an agreement to cooperate on jointly developing lithium ion batteries for electric vehicles, as China's top EV battery maker expands tie-ups with Japanese automakers.
>> Read Full Story
  Evergrande Health takes 1.06B yuan stake in Chinese auto battery maker
Reuters | 2019/1/29

Evergrande Health Industry Group will pay 1.06 billion yuan ($156 million) for a majority stake in an automobile battery maker headquartered in China, the company said, as it pieces together an electric vehicle production chain.   The health care company will buy a 58.07 percent stake in Shanghai CENAT New Energy Co. from electrical instruments maker Shenzhen Clou Electronics Co., it said in a filing with the Hong Kong stock exchange.
>> Read Full Story

  Germany backs r&d center for EV battery technology to rival Asia producers
Reuters | 2019/1/25

BERLIN -- The German government will fund a research center to offer companies in Germany know-how to develop battery cells for electric vehicles, seeking to compete with Asian producers that dominate the industry.    Anja Karliczek, Germany¡¯s science minister, said the agency would invest 500 million euros ($568 million) to support research into existing and next-generation EV battery cell technology.
>> Read Full Story

  CATL plans battery cell output of 60 GWh at German plant
Reuters | 2019/1/25

BERLIN -- Chinese battery maker Contemporary Amperex Technology is targeting annual production of 60 gigawatt-hours by 2026 at its first European production site in Germany, a senior CATL manager said. 
>> Read Full Story

  BP invests in Chinese electric vehicle charging platform
Reuters | 2019/1/25

LONDON -- BP is investing in Chinese startup PowerShare, which links electric vehicle drivers to charging points and helps power suppliers balance distribution.   The PowerShare application, which is used in cities such as Shanghai, will help manage growing pressure on power grids as electric vehicle usage surges.
>> Read Full Story

Mercedes-Benz to deepen ties with Chinese auto suppliers
Reuters | 2019/1/24

STUTTGART -- Daimler plans to deepen partnerships with Chinese suppliers as part of efforts to develop electric and connected vehicles. Wilko Stark, board member for procurement at Mercedes-Benz, said the shift to electric and connected cars has made Mercedes-Benz more dependent on battery cell chemistry and connected-vehicle expertise from outside.

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  Toyota, Panasonic plan EV battery venture to challenge Chinese rivals, source says
Reuters | 2019/1/22

Toyota Motor Corp. and Panasonic Corp. are poised to launch a joint venture next year to produce batteries for electric vehicles to compete with Chinese rivals, a source familiar with the matter said.   The joint venture, to be owned 51 percent by Toyota and the rest by Panasonic, could also provide batteries to Toyota's EV technology partners Mazda and Subaru, the source said.
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  Magna opens engineering joint venture with BAIC's EV unit
Automotive News China | 2019/1/18

Magna International has unveiled an automotive engineering joint venture with BAIC Motor Co.¡¯s electric vehicle subsidiary Beijing Electric Vehicle Co. in the east China city of Zhenjiang.   The new company will have 420 employees. It will engineer EVs for BJEV as well as other potential customers, Magna said. 
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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.
>> Read Full Story

  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

China¡¯s 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.
>> Read Full Story

  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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  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.   
>> Read Full Story

  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.
>> Read Full Story

  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

  Toyota Boshoku expands automotive filter parts capacity in Tianjin
Automotive News China | 2018/11/2

Toyota Boshoku Corp., a Toyota Group company, moved its automotive filter components plant in the northern China city of Tianjin to a site that significantly increases the factory¡¯s production capacity.   The $11.8 million (81.9 million yuan) plant launched production last week. 
>> Read Full Story

  Supplier Canadian General Tower opens tech center in Changshu
Automotive News China | 2018/11/2

Canadian General Tower, a supplier of coated fabrics and polymeric films, opened a tech center in the east China city of Changshu to upgrade product development capabilities for China.   The 20 million yuan ($2.9 million) center is on the premises of the company's plant in Changshu.
>> Read Full Story

  Factory explosion, fire idle Chinese-owned supplier Meridian in Canada
Automotive News | 2018/10/26

For the second time in six months, an explosion and fire have idled production at a North American magnesium parts plant owned by supplier Meridian.  
>> Read Full Story

  Valeo-Siemens venture opens plant to make parts for electrified vehicles
Automotive News China | 2018/10/23

Valeo Siemens eAutomotive, a joint venture between suppliers Valeo and Siemens, has opened a factory in the east China city of Changshu to expand output of high-voltage components for electrified vehicles in China.
>> Read Full Story

  Faurecia CEO: China helps fuel supplier's rapid growth
Automotive News Europe | 2018/10/23

French megasupplier Faurecia had a successful first half and expects to maintain its momentum for the full year. CEO Patrick Koller is confident because of the strength of Faurecia's China business and because it is benefiting from the rapid rise of SUV sales around the world. Koller, 59, also told   Automotive News Europe  Correspondent Peter Sigal why he thinks Faurecia has the resilience to cope with disruptions caused by potential trade wars between the world's largest nations.
>> Read Full Story

  Dutch company to invest 12.8 billion yuan in China battery cell plant
Bloomberg | 2018/10/23

Dutch battery maker Lithium Werks is investing 1.6 billion euros (12.8 billion yuan) in a massive lithium ion cell factory in China to meet surging demand for batteries.  The factory will have production capacity of 8 gigawatt-hours per year, or the equivalent capacity of batteries to power 160,000 cars.
>> Read Full Story

  Valeo sees big industry shift to 48-volt systems
Automotive News China | 2018/10/12

French supplier Valeo predicts more than 4 million new vehicles will be equipped with 48-volt systems in China annually by 2023.   "That¡¯s about 13 percent of annual vehicle production in China by then," Valeo China President Francois Marion estimated at a news briefing in Shanghai.
>> Read Full Story

  S. Korea's SK Innovation to invest $354M in EV battery parts plant
Reuters | 2018/10/9

SEOUL -- South Korea's SK Innovation plans to invest 400 billion won ($354 million) to build a China plant for key parts used in electric vehicle batteries.
>> Read Full Story

  Germany's Hubject, Star Charge China sign EV charging pact
Reuters | 2018/10/2

FRANKFURT -- Germany's Hubject, which is developing a method to map and pay at electric charging stations, entered a cooperation agreement with Star Charge China.
>> Read Full Story

  Chinese lithium producer inks 5-year supply deal with BMW
Automotive News China | 2018/10/2

China's largest lithium producer, Ganfeng Lithium Co., agreed to ship lithium chemicals to BMW Group's battery suppliers over the next five years.   The agreement can be extended by three years, Ganfeng Lithium said. 
>> Read Full Story

  Byton, Bosch team up on powertrains, brakes
Reuters | 2018/9/28

FRANKFURT -- German auto supplier Bosch is teaming up with Chinese-funded electric vehicle startup Byton to develop powertrain, brake and driver assistance systems, Byton said in a statement.
>> Read Full Story

  Chinese owner to keep Grammer independent after management exodus
Reuters | 2018/9/28

FRANKFURT -- China's Ningbo Jifeng pledged to keep Grammer independent after securing an 84.23 percent stake in the German automotive interiors maker, a step that prompted senior managers to resign. 
>> Read Full Story

  FAW, Wabco partner to build vehicle control parts
Automotive News China | 2018/9/25

Belgian supplier Wabco Holdings Inc. signed an agreement to form a joint venture with China FAW Group Corp.¡¯s truck unit to build vehicle control parts for commercial vehicles in China.   The joint venture will start producing Wabco¡¯s single-piston air disc brakes for FAW Jiefang and other truckmakers in China in 2019.
>> Read Full Story
 

TOP 10 HEADLINES
OF THE LAST WEEK
Daimler, Geely in talks to expand ties into 'bigger dimension'

U.S.-China trade war squeezes Volvo Car profit margins

Volvo Cars courts China, U.S. tech investors to fund Polestar rollout

Volvo extends sales gains behind 2 locally built models

FAW to launch 2 crossovers, SUV under premium Hongqi brand

Hyundai venture posts sales surge in January

CATL, Honda cooperate on EV battery development

China's Arcfox to introduce next-gen crossover concept in Geneva

Honda sales rise; Mazda slump rolls into 2019

Audi maintains sales growth behind long-wheelbase A4 volume

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