Electric Motor Parts Maker EuroGroup Laminations Enters India, signs JV in China
Italian electric motor component maker EuroGroup Laminations is buying a 40% stake in India’s Kumar Precision Stampings, the company said shortly after announcing a preliminary agreement for a strategic electric vehicle sector alliance in China. Milan-based EuroGroup Laminations (EGLA) –…
Uber Partners with BYD to put its Drivers into 100,000 EVs
Uber Technologies Inc. will team up with BYD Co. to put 100,000 electric vehicles onto the ride-hailing company’s platform, in a major deal between American and Chinese businesses that notably excludes the US. Under the multiyear partnership, the two companies…
China’s Suffering EV Insurers
In China it costs about the same to insure an EV as it does to insure an ICE auto that is twice as expensive, reports the Nikkei.This reflects the fact that EV owners are about twice as likely to file…
Hutchinson Develops Acoustic Encapsulation Product for EVs
Hutchinson has introduced a noise, vibration, and harshness (NVH) encapsulation product designed to address the acoustic challenges of electric vehicles (EVs). In a press release, the company said the product is set to equip thousands of electric and hybrid vehicles…
Volkswagen and Xpeng Deepen Software Collaboration Across EVs in China
Xpeng will deepen its cooperation with German automaker Volkswagen AG, with the two pledging to develop a new electrical and electronic solution for all battery-powered cars made in China under the VW brand. The Chinese electric vehicle maker said on…
BYD Launches Yuan PLUS BEV Model in Senegal
BYD recently held a grand brand launch event in Dakar, the capital of Senegal, marking the official introduction of its battery electric vehicle, the Yuan PLUS (known as the BYD ATTO 3 outside of China), to the Senegalese market, according…
VW Anhui Launches ID.UNYX, its 1st EV Model in China, Starting at $28,900
Volkswagen Anhui, the Chinese joint venture majority-owned by German carmaker Volkswagen, has officially launched its first electric vehicle (EV) model, the ID.UNYX, in China to tap the world’s largest and most competitive EV market. Volkswagen Anhui rolled out the ID.UNYX,…
GAC Aion Opens its First EV Assembly Line Outside China in Rayong
The company said the initiative aligns with its plan to expand into global markets and establish a new production base in Southeast Asia. The EV assembly plant in Thailand is situated in the Amata City Industrial Estate, within the Eastern…
China’s Leapmotor Aims to Take EVs Global with Stellantis Deal
CHINESE electric vehicle (EV) maker Leapmotor is little known outside its home country, and even there it is overshadowed by bigger players such as BYD and Tesla. But co-founder and chief executive officer Zhu Jiangming expects that to all change…
Chinese Firms Keen to Set up EV Plant in Johor
The state could become the manufacturing hub for electric vehicles (EVs), as Chinese companies are keen on setting up a large-scale factory here. Johor Import and Export Industry Association (Jimex) deputy president Datuk Seri Farid Ibrahim (pic) said they are…
