Geely Holding said it had reached agreement to acquire 8.2 pc of Volvo Trucks, strengthening the Chinese automotive group’s international operations and raising the possibility that the two separate Swedish companies bearing the Volvo name could be united once more. Geely said its stake in AB Volvo, the trucking group, will make it the largest Read More..
Siemens will concentrate its global research into autonomous robotics in China, acknowledging the countryâ€™s growing expertise in high-tech manufacturing areas. As part of its decision, the German engineering group also entered into a partnership with Tsinghua University to jointly establish a robotics research center in Beijing. Siemens cited as key development areas new mechatronics systems, Read More..
ZF Friedrichshafen and Chinaâ€™s Beijing Automotive Industry Corp (BAIC) plan to jointly produce components for electric vehicles in China. The agreement reflects expectations that EVs will soon play an even bigger role in the worldâ€™s largest car market as the government moves to curb air pollution in major cities. â€œChina is the largest and most Read More..
NXP Semiconductors has signed an agreement with Changan Automobile to deliver infotainment semiconductors to the Chinese carmaker. In a second phase, Changan will rely on NXP chips to increase its cars’ connectivity. NXP, one of the largest makers of automotive semiconductors, said it would work with Changan to develop industry standards for future vehicle semiconductors. Read More..
Volvo Cars, in a move aimed at distinguishing itself from its big premium-segment competitors, said it will equip all cars it launches from 2019 onwards with electric motors. The decision doesn’t mean Volvo is phasing out the combustion engine. But the Swedish car company said all models will have electric motors, regardless of whether they Read More..
ZF Friedrichshafen expects to double its workforce at a key engineering center in Songjiang, as the German automotive supplier prepares for continued strong demand from its Chinese customers. The Songjiang facility near Shanghai was officially opened at the Shanghai auto show. It will have about 1,000 employees by 2022, ZF said. “The investment in our Read More..
Volkswagen Group is teaming up with Chinaâ€™s Mobvoi to develop and implement artificial intelligence (AI) technologies in the car. The German automotive group said the two companies will form a 50-50 joint venture to develop technologies for smart mobility. Mobvoi is a Chinese specialist in voice recognition, natural language processing and other technologies that are Read More..
Robert Bosch has opened a new electronic-components plant in Changzhou, China, solidifyingÂ its position in the world’s largest car market. With another production site, “we are strengthening our successful localization strategy,” Bosch Automotive Electronics President Klaus Meder said in a statement. The move also underlines the German automotive supplier’s confidence in the Chinese market, he added. Read More..
NXP and China’s Ministry of Industry and Information Technology (MIIT) will jointly conduct research on secure car connectivity and infrastructure projects to make traffic smarter. The Dutch semiconductor group said it had signed an agreement with MIIT to help China’s auto industry develop the connected technologies that are expected to define tomorrow’s transportation infrastructure. As Read More..
Ford Motor is adding two new electrically powered models to its Chinese product lineup, as the US carmaker accelerates plans to bring more EVs to the worldâ€™s biggest car market. In 2018, Ford will launch the Mondeo Energi plug-in hybrid in China. It will be the first car of its kind the carmaker will build Read More..