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BMW Group to produce next-gen BEVs in China from 2026
BMW Group to produce next-gen BEVs in China from 2026

On May 18, BMW Group announced that it will produce its next-gen full electric vehicles—dubbed ‘Neue Klasse’—in Shenyang city since 2026 onwards.

May 18 , 2023
NIO, Autoliv step up cooperation to shape new mobility mode
NIO, Autoliv step up cooperation to shape new mobility mode

Chinese new energy vehicle startup NIO and the global vehicle safety systems supplier Autoliv signed a strategic cooperation agreement on May 17 to jointly shape a new mobility mode, according to a post on Autoliv’s WeChat account.

May 18 , 2023
Baolong Automotive's joint venture puts ADAS-used corner radar into production
Baolong Automotive's joint venture puts ADAS-used corner radar into production

Baolong Automotive, the Chinese auto parts supplier, announced on May 17 that its joint venture company, Baohang Technology, has successfully entered the production phase.

May 18 , 2023
SK on to procure battery aluminum foil from Dingsheng New Energy Materials’ subsidiary
SK on to procure battery aluminum foil from Dingsheng New Energy Materials’ subsidiary

Jiangsu Dingsheng New Energy Materials Co., Ltd. announced on May 17 its wholly-owned subsidiary, Hangzhou Five Star Aluminum Co., Ltd., has struck a deal with SK on Co., Ltd. to provide the latter with its aluminum foil products.

May 17 , 2023
SAIC Motor’s subsidiaries to build fund for investment in innovative companies of auto industrial chain
SAIC Motor’s subsidiaries to build fund for investment in innovative companies of auto industrial chain

SAIC Motor announced on May 17 its two investment subsidiaries will jointly set up a fund that focuses on the investment in high-quality enterprises related to innovation and development in the automotive industry chain.

May 17 , 2023
GAC Energy, PetroChina to promote cooperation on energy network
GAC Energy, PetroChina to promote cooperation on energy network

On May 16, GAC Energy Technology Co., Ltd. and the Guangdong sales branch of PetroChina Company Limited signed an agreement to conduct in-depth cooperation in the field of energy.

May 17 , 2023