Recent Automobile News
Apple Inc. wants to establish a complete supply chain for auto parts.
Recently, Apple Inc. is negotiating with many Asian manufacturers, hoping to establish a complete supply chain for auto parts. Apple Inc. has contacted a number of South Korean electric auto parts manufacturers on the automotive project, including LG, SK Group, Hyundai Motor and Hanwha Group. In addition, Apple Inc. also held talks with Chinese lithium battery suppliers, including BYD and CATL. Apple Inc. seems to want to establish a complete supply chain for electric automobiles in Asia by designing and developing the product in the United States and then assembling it to a complete vehicle in the OEM, which is also similar to Apple Inc.'s arrangement in the consumer electronics field.
The first cooperation car of Horizon and Nezha Automobile will be mass-produced and launched next year.
Recently, Horizon and Nezha Automobile started comprehensive strategic cooperation. According to the content of the agreement between the two parties, Horizon will provide Nezha Automobile with its diversified needs for smart car products, related products and technical support for high computing power computing chips to help Nezha Automobile build smart products for the mass consumer market. It is understood that Nezha automotive products equipped with Horizon Journey series chips will be mass-produced and launched next year.
CATL and JinkoSolar reached strategic cooperation.
On August 31, CATL and JinkoSolar signed a strategic cooperation agreement in Ningde City, Fujian Province. According to the agreement, CATL and JinkoSolar would take their advantages and have reached a full range of strategic cooperation intentions, such as promoting integrated solar storage solutions in the energy storage business, integrated energy storage solution in the entire county, solar storage in the global market, promotion of carbon neutrality in the upstream and downstream of the industrial chain based on the principles of deep mutual trust, strategic synergy, complementary advantages, and win-win cooperation.
SK Innovation will spend 6.6 billion RMB to build a battery factory in China.
According to foreign media reports, global automakers are turning to electric vehicles in order to meet the requirements for environmental regulations, leading to an increase in the demand for electric vehicle batteries. South Korean battery manufacturer SK Innovation will spend 1.2 trillion KRW (about 6.68 billion RMB) to build a new battery plant in China.
SK Innovation stated that this investment was in line with the development trend of the automotive industry. SK Innovation provides batteries for electric vehicles to companies such as Ford, Volkswagen and Hyundai, and has battery production bases in the United States, Hungary, China and South Korea. However, SK Innovation has not disclosed the specific details of the building plan. According to data, in July of this year, SK Innovation had stated that its goal was to increase its annual battery production capacity to 200 GWh by 2025, which was an increase of 60% from the previously announced target (125 GWh). SK Innovation's current annual production capacity is 40 GWh.
Production of Tesla's Shanghai plant was suspended for four days due to shortages of chips in August.
According to an informed source, the global shortage of the semiconductor has had an impact on Tesla's Chinese market. In August, Tesla suspended a production line at the Shanghai factory for about four days due to a shortage of key chips.
Mitsubishi Motors will build a new plant in Bangladesh.
Mitsubishi Motors will build a new car assembly plant in Bangladesh as part of the company's expansion plan in Southeast Asia. On September 2, Mitsubishi and Bangladeshi State-owned Steel Engineering Corporation (BSEC) signed a memorandum of understanding, and the two parties will conduct a feasibility study on business opportunities to determine when to build the plant. This study will be completed in 2025.
The manufacturing project of cornerstone auto parts settled in Xianyang City.
On the afternoon of September 2, Xianyang Equipment Manufacturing Industrial Park Management Committee and Shaanxi Cornerstone Technology Industry and Trade Co., Ltd. held a signing ceremony of an investment agreement.
It is understood that the cornerstone auto parts manufacturing project of Shaanxi Cornerstone Technology Industry and Trade Co., Ltd. signed this time covers an area of 35 acres, a planned construction area of 18,000 square meters, has a total investment of 200 million RMB, an annual output value of 300 million RMB after it is put into operation, taxation of profit of 6.5 million RMB, offering 100 jobs and mainly producing auto parts and robot joint reducers. The implementation of the project will play a positive role in accelerating the development of the park's auto parts industry and forming a competitive industrial cluster.
Recently, Apple Inc. is negotiating with many Asian manufacturers, hoping to establish a complete supply chain for auto parts. Apple Inc. has contacted a number of South Korean electric auto parts manufacturers on the automotive project, including LG, SK Group, Hyundai Motor and Hanwha Group. In addition, Apple Inc. also held talks with Chinese lithium battery suppliers, including BYD and CATL. Apple Inc. seems to want to establish a complete supply chain for electric automobiles in Asia by designing and developing the product in the United States and then assembling it to a complete vehicle in the OEM, which is also similar to Apple Inc.'s arrangement in the consumer electronics field.
The first cooperation car of Horizon and Nezha Automobile will be mass-produced and launched next year.
Recently, Horizon and Nezha Automobile started comprehensive strategic cooperation. According to the content of the agreement between the two parties, Horizon will provide Nezha Automobile with its diversified needs for smart car products, related products and technical support for high computing power computing chips to help Nezha Automobile build smart products for the mass consumer market. It is understood that Nezha automotive products equipped with Horizon Journey series chips will be mass-produced and launched next year.
CATL and JinkoSolar reached strategic cooperation.
On August 31, CATL and JinkoSolar signed a strategic cooperation agreement in Ningde City, Fujian Province. According to the agreement, CATL and JinkoSolar would take their advantages and have reached a full range of strategic cooperation intentions, such as promoting integrated solar storage solutions in the energy storage business, integrated energy storage solution in the entire county, solar storage in the global market, promotion of carbon neutrality in the upstream and downstream of the industrial chain based on the principles of deep mutual trust, strategic synergy, complementary advantages, and win-win cooperation.
SK Innovation will spend 6.6 billion RMB to build a battery factory in China.
According to foreign media reports, global automakers are turning to electric vehicles in order to meet the requirements for environmental regulations, leading to an increase in the demand for electric vehicle batteries. South Korean battery manufacturer SK Innovation will spend 1.2 trillion KRW (about 6.68 billion RMB) to build a new battery plant in China.
SK Innovation stated that this investment was in line with the development trend of the automotive industry. SK Innovation provides batteries for electric vehicles to companies such as Ford, Volkswagen and Hyundai, and has battery production bases in the United States, Hungary, China and South Korea. However, SK Innovation has not disclosed the specific details of the building plan. According to data, in July of this year, SK Innovation had stated that its goal was to increase its annual battery production capacity to 200 GWh by 2025, which was an increase of 60% from the previously announced target (125 GWh). SK Innovation's current annual production capacity is 40 GWh.
Production of Tesla's Shanghai plant was suspended for four days due to shortages of chips in August.
According to an informed source, the global shortage of the semiconductor has had an impact on Tesla's Chinese market. In August, Tesla suspended a production line at the Shanghai factory for about four days due to a shortage of key chips.
Mitsubishi Motors will build a new plant in Bangladesh.
Mitsubishi Motors will build a new car assembly plant in Bangladesh as part of the company's expansion plan in Southeast Asia. On September 2, Mitsubishi and Bangladeshi State-owned Steel Engineering Corporation (BSEC) signed a memorandum of understanding, and the two parties will conduct a feasibility study on business opportunities to determine when to build the plant. This study will be completed in 2025.
The manufacturing project of cornerstone auto parts settled in Xianyang City.
On the afternoon of September 2, Xianyang Equipment Manufacturing Industrial Park Management Committee and Shaanxi Cornerstone Technology Industry and Trade Co., Ltd. held a signing ceremony of an investment agreement.
It is understood that the cornerstone auto parts manufacturing project of Shaanxi Cornerstone Technology Industry and Trade Co., Ltd. signed this time covers an area of 35 acres, a planned construction area of 18,000 square meters, has a total investment of 200 million RMB, an annual output value of 300 million RMB after it is put into operation, taxation of profit of 6.5 million RMB, offering 100 jobs and mainly producing auto parts and robot joint reducers. The implementation of the project will play a positive role in accelerating the development of the park's auto parts industry and forming a competitive industrial cluster.
