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Home >> Suppliers
  Novelis will supply aluminum to EV startup from Changzhou plant
Automotive News China | 2017/3/21

Novelis Inc., a major global supplier of automotive aluminum, contracted to supply aluminum alloys to NIO, a Shanghai-incorporated electric vehicle startup previously known as NextEV.  Under an agreement the two companies signed, Novelis will supply aluminum alloys to NIO from its plant in the east China city of Changzhou. 
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  Alibaba buys stake in Swiss HUD technology startup
Automotive News China | 2017/3/17

Alibaba Group Holding participated in an $18 million (124 million yuan) round  of funding for Swiss startup WayRay, which is developing a holographic head-up display, the  South China Morning Post  reported.  According to the Hong Kong-based newspaper, WayRay also formed a partnership with an Alibaba-backed carmaker, Banma Technologies. Banma plans to introduce a vehicle equipped with WayRay's augmented reality windshield display in 2018.
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  Fuyao Glass to expand production in U.S., Germany and Russia
Automotive News China | 2017/3/17

Fuyao Glass Industry Group plans to spend 1.4 billion yuan ($202 million) to expand production in Germany, the United States and Russia, company CEO Cao Dewang told state-owned  China Daily   newspaper.  Cao said he expects to spend up to 700 million yuan to build an automotive glass factory in Heidelberg, Germany, to supply Daimler, Volkswagen, Audi, Bentley and Jaguar Land Rover.

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  Wanfeng eyes U.S. acquisitions amid trade tensions
Bloomberg | 2017/3/14

Rising trade tensions are pushing Chinese wheel maker Wanfeng Auto Holding Group to seek further acquisitions in the United States to localize production and reduce exports.  The Xinchang auto parts supplier is in talks to buy a machinery company in the United States, said Wanfeng Chairwoman Chen Ailian in an interview. 
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  Contemporary Amperex to supply batteries for NEVS electric vehicles
Automotive News China | 2017/3/3

National Electric Vehicle Sweden, the Chinese-owned successor to Saab, has signed an agreement to buy lithium ion batteries from Contemporary Amperex Technology Co.  The batteries will be used to power electric vehicles built on the Saab 9-3 platform. 
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Chinese researchers target hydrogen fuel cells
Automotive News China | 2017/3/3

Two Chinese research institutes are teaming with a German company to develop fuel cells in Dalian, the China Daily reported. The Dalian Hydrogen Energy Research Institute will team with the Dalian Metal Surface Coating Research Institute to develop, produce and sell hydrogen fuel cells, according to the state-owned newspaper. 

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  Valeo's China sales rise on demand from domestic brands
Automotive News China | 2017/2/24

Valeo SA's sales to automakers in China advanced 22 percent year on year to 1.76 billion euros (12.76 billion yuan) in 2016.  Behind the robust sales growth was demand from domestic brands, which outperformed China's light-vehicle market, Valeo said.  In 2016, China's domestic automakers accounted for 42 percent of Valeo's revenue in China. 
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  Trade panel rules imported Chinese truck, bus tires don't harm U.S. industry
Reuters | 2017/2/24

WASHINGTON -- The U.S. International Trade Commission said subsidized bus and truck tires imported from China have not damaged the U.S. industry, and as a result it would not issue anti-dumping and countervailing duty orders on such products.  The negative ruling released Wednesday represented a rare outcome for the panel, which said in a statement that three of five panel members who voted came out against the damage determination.  
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  Chinese suppliers invest in U.S. component makers
Bloomberg | 2017/2/17

Chinese companies started talking a decade ago about cracking the U.S. auto market with an array of low-cost passenger vehicles.  That hasn't happened, so instead they're getting under the hoods of American cars by buying up parts makers at a record pace.
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  Ningbo Jifeng Auto Parts to buy stake in German interior trim supplier
Reuters | 2017/2/17

FRANKFURT -- German automotive interiors maker Grammer said it plans to sell a 9.2 percent stake to China's Ningbo Jifeng Auto Parts Co. as the supplier looks to counter activist shareholders.  Grammer's management has sought to rebuff Bosnia's Hastor family, which owns a 20 percent stake in the company and has campaigned for seats on the supervisory board. 
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TOP 10 HEADLINES
OF THE LAST WEEK
Shanghai show to measure progress of China's would-be Teslas

Geely profits more than double as Volvo tech boosts sales

Dealer stockpiles spike as China's sales growth flattens

Chery files trademark complaint against Mercedes over EV brand

Buick to roll out plug-in hybrids in China

BMW CEO expects China to clarify EV quota

China to energize used-car market to spur new-vehicle sales

LeEco appoints new CEO for electric-car unit

Americans won't see Chinese cars at bargain-basement prices

VW Group deliveries fall 9.6% to start year

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