Cars
China Hopes to Bully Foreign Companies, Trade Market Access for Electric Vehicle Technology
The chips are finally hitting the fan. China has put the word out there that it may play a big power card in the near future: give us all the secrets to your tech, or we won't let you build and sell in our ever-growing Chinese market.
According to the Wall Street Journal, executives have been given a proposal that would provide China with a majority share in any joint venture involving foreign companies introducing "key new-energy components...such as advanced lithium-ion batteries and high-power electric motors". This would allow China to gain control of the technology that minority shareholders (i.e. anyone else) bring to the table.
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Kia Launches New China Brand Horki With Forte-based Concept Sedan
As if China didn't have enough brands of its own as well as from Asian and Western carmakers, an increasing number of established companies like Kia are expanding their local portfolios with new names. At the Auto China 2013 in Shanghai (April 20...
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Daimler And China's Byd Name Their New Ev Brand Denza
It's been close to two years since Mercedes-Benz's parent company Daimler and China's BYD formed a new 50-50 joint venture under the name BDNT (BYD Daimler New Technology Co. Ltd) for the development and production of affordable electric...
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Jaguar-land Rover Forms New Joint Venture With China's Chery Automobile
Tata Motor's Jaguar-Land Rover premium division has signed a joint venture deal with Chery Automobile to sell cars in its home market of China. The agreement, however, is not final, as it has to be approved by China's regulators. Just last December,...
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Daimler And Byd To Preview Upcoming Dedicated Ev With A New Concept Model
[BYD e6 EV pictured above]Joint venture partners Daimler AG and BYD Auto revealed plans today to preview their upcoming dedicated electric-car for China with a new design concept at the next Beijing Auto Show in April of 2012. Last year, the two companies...
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Daimler To Form New Chinese Joint Venture With Beiqi Foton
Mercedes-Benz's parent company Daimler AG has signed a letter of intent to form a new 50:50 joint venture with China's Beiqi Foton Motor Co., Ltd to produce medium and heavy-duty trucks and exchange technology in China. The deal between the companies...
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