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Auto market analysts suggest change in government policies to save the falling NEV market
13 SEPT 20192MINS

Auto market analysts suggest change in government policies to save the falling NEV market

Automotive market analysts in China suggest government regulators make some changes to their auto market policies to prevent the rapidly falling sales of NEVs after the recent subsidy cuts. The subsidy program for electrified vehicles was introduced to help domestic automakers getting an upper hand...

Faraday Institution to fund Nextrode project for developing  electrode for Li-ion electric vehicle batteries
13 SEPT 20192MINS

Faraday Institution to fund Nextrode project for developing electrode for Li-ion electric vehicle batteries

Oxford University’s Nextrode project that is researching ways to make electrode for Li-ion electric vehicle batteries more efficient has been reportedly chosen by the Faraday Institution. Faraday Institution is a research charity backed by the UK government. Last week, the institution announced...

China’s sales of new energy vehicles decline 16% YoY in August: CAAM
11 SEPT 20191MINS

China’s sales of new energy vehicles decline 16% YoY in August: CAAM

China’s sales of new energy vehicles declined for the second month in a row in August, data showed from the China Association of Automobile Manufacturers (CAAM) on Wednesday September 11. Sales of new energy vehicles- all-electric, fuel-celled autos and plugin hybrids- stood at 85,000 units last...

China’s NEV sales down 15.5% YoY, but up 6% MoM in August
10 SEPT 20191MINS

China’s NEV sales down 15.5% YoY, but up 6% MoM in August

China Passenger Car Association (CPCA) data shows that China’s wholesale new energy vehicle (NEV) sales dropped 15.5 per cent year-on-year in August, as selling costs sharply grew after the government scaled back its subsidies in June. NEV sales came in at 71,000 units last month. But wholesale...

China plans to convert 60% of all cars sold to electrified vehicles by 2035: Sources
10 SEPT 20192MINS

China plans to convert 60% of all cars sold to electrified vehicles by 2035: Sources

Chinese government is working on an ambitious target of converting 60 per cent of all automobiles sold in the country to electrified vehicles by 2035. According to sources China’s Ministry of Industry and Information Technology is deliberating on its auto industry plans for 2021 through 2035. The...

Delta Motorsport launches customisable aluminium chassis to aid electric vehicle development
06 SEPT 20192MINS

Delta Motorsport launches customisable aluminium chassis to aid electric vehicle development

Delta Motorsport, the Silverstone-based electric vehicle developer, has reportedly launched a customisable aluminium skateboard-style chassis Delta S2 at Cenex – the UK’s premier low carbon vehicle and connected automated mobility event. The company says Delta S2 has Delta’s highly flexible...

Chinese regulators not to halt gasoline-powered vehicle sales in China market any time soon
30 AUG 20192MINS

Chinese regulators not to halt gasoline-powered vehicle sales in China market any time soon

According to a reply from the Ministry of Industry and Information Technology to China’s parliament, they are not ready to stop conventional vehicle sales any time soon. The statement was posted in response to the parliament’s query on a timeframe to end sales of gasoline-powered vehicles. The...

Indian Oil Corporation to make alumina-based battery for electric vehicles
29 AUG 20192MINS

Indian Oil Corporation to make alumina-based battery for electric vehicles

To avoid future dependency on China for lithium batteries, Indian Oil Corporation Limited (IOCL) will reportedly make an alumina-based battery, which will be used for running electric vehicles. The company executives said a foreign company had been working as a partner with IOCL for the development...

China's announcement of 25% tariffs on U.S. made cars creates tension among top global carmakers
27 AUG 20192MINS

China's announcement of 25% tariffs on U.S. made cars creates tension among top global carmakers

President Donald Trump last Friday announced 30% tariffs will be levied on US$250 billion of Chinese imports from October 1, up from the current 25 per cent. New tariffs set for Sept. 1 would increase to 15 per cent from current 10 per cent. The announcement came after Beijing had declared that it...

Growing demand for electric vehicles to hoist aluminium consumption in automotive sector: JNARDDC
26 AUG 20192MINS

Growing demand for electric vehicles to hoist aluminium consumption in automotive sector: JNARDDC

Jawaharlal Nehru Aluminium Research Development and Design Centre (JNARDDC) recently revealed a study that showed aluminium consumption in the automotive sector would rise in India till 2021 buoyed by the increasing demand for electric vehicles. According to the study, India’s aluminium consumption...

BYD reports a 204 per cent rise in profit in H1 2019 driven by the surge in China's NEV market
23 AUG 20192MINS

BYD reports a 204 per cent rise in profit in H1 2019 driven by the surge in China's NEV market

BYD Co. reported a 204 per cent rise in profit in H1 2019 driven by the surge in China's new energy vehicle market. The automaker funded by U.S. investor Warren Buffett produces battery electric and plug-in hybrid vehicles and also conventional vehicles. The company posted net profit of RMB 1.45...

Addison installs Mecal CNC machining centres at Hydro Components for aluminium parts production ramp-up
23 AUG 20192MINS

Addison installs Mecal CNC machining centres at Hydro Components for aluminium parts production ramp-up

According to a recent report, Addison Saws, the West Midlands based machine tool supplier, has installed three Mecal Kosmos 4-axis machining centres and one Mecal Geos MDT 5-axis machining centre at Hydro Components (formerly SAPA) for increasing complex aluminium parts production that are mainly...

Automotive component manufacturing companies eyeing aluminium forging business
19 AUG 20192MINS

Automotive component manufacturing companies eyeing aluminium forging business

Top automotive component manufacturing companies are reportedly entering the aluminium forging business to start making triple clamps and active clamps used for the manufacture of inverted front forks. The potential is to reach INR 125 crore within three years after the start of supplies. The news...

Hyundai to launch two more electric vehicles in China in Q4 2019 to boost EV output
16 AUG 20192MINS

Hyundai to launch two more electric vehicles in China in Q4 2019 to boost EV output

In order to adhere to Beijing’s regulation to ramp up electrified vehicle and light-truck output, Hyundai Motor Co. plans to launch its second and third electric vehicles in China in fourth quarter 2019. According to a statement from Beijing-Hyundai, Hyundai’s JV with BAIC Motor Group, the battery...

Automotive experts agree on coexistence of steel, aluminium and plastic for new age cars
14 AUG 20192MINS

Automotive experts agree on coexistence of steel, aluminium and plastic for new age cars

During a panel discussion last week at the 2019 CAR Management Briefing Seminars, representatives from steel, aluminium and plastic industry seem to be agreeing with working together rather than competing with each other in the auto sector. Most of the automotive experts agreed on a mixed-materials...

NEV sales in China down 47.5% MoM and 4.7% YoY in July
13 AUG 20191MINS

NEV sales in China down 47.5% MoM and 4.7% YoY in July

According to the China Association of Automobile Manufacturers (CAAM), sales of new energy vehicles across Chinese markets declined in July, the first full month after the new subsidy scheme took effect. NEV sales registered month-on-month decline by 47.5% and year-on-year by 4.7% to stand at...

Scientists at Yazaki develops aluminium wire rods strengthened by carbon nanotubes
13 AUG 20191MINS

Scientists at Yazaki develops aluminium wire rods strengthened by carbon nanotubes

Scientists at vehicle wire harness manufacturer Yazaki’s research and development subsidiary YTC America have reportedly developed aluminium wire rods strengthened by carbon nanotubes, which could be a cheaper and lighter alternative for copper wire in automotive applications. Yazaki says that by...

China’s new energy vehicles production records first-ever Y-o-Y decline in July: SMM
07 AUG 20192MINS

China’s new energy vehicles production records first-ever Y-o-Y decline in July: SMM

According to the latest update from Shanghai Metals Market, about 73,500 new energy vehicles obtained qualification certificates in China in the month of July. This marks a decrease of 43 per cent from a month ago and 18.3 per cent from the same period last year, the first-ever Y-o-Y decline since...