July 22｜Electric aircraft maker Eve showed for the first time a full-size prototype of its ‘flying taxi’, which it aims to have certified and operational by 2026, the company said. Eve, which is controlled by Embraer, unveiled its electric vertical take-off and landing (eVTOL) aircraft prototype at an event with investors and customers at its Gaviao Peixoto factory on 3 July. early 2025 to test-fly the prototype. This month, the company announced a new round of financing totalling $94 million from Embraer and one of its main suppliers, Nidec. eve has amassed nearly 3,000 potential orders before going into production, which the company hopes will eventually turn into firm orders. Interested customers include United Airlines, charter company Global Crossing and aircraft leasing company Azorra.Declaration: This article comes from the AACSTOCKS.If copyright issues are involved, please contact us to delete.

[22 July 2024]- Xiaopeng and Volkswagen Group to fully invest in developing industry-leading electrical and electronic architecture for Volkswagen's CMP and MEB platforms for production in China- The first model equipped with the jointly developed electrical and electronic architecture is expected to be mass-produced within 24 months- Both parties will actively explore further co-operation opportunities to expand the application of their jointly developed electrical and electronic architectureXiaopeng Motors and Volkswagen Group jointly announced that, following the signing of a framework agreement between Xiaopeng Motors and Volkswagen Group dated 17 April 2024 in relation to the strategic cooperation on electrical and electronic architecture technology, Xiaopeng Motors and Volkswagen Group have entered into a co-development agreement on the strategic cooperation on electrical and electronic architecture technology, whereby the two parties will fully commit themselves to the development of industry-leading electrical and electronic architectures for Volkswagen's CMP and MEB platforms for production in China. The signing of the joint development agreement not only signifies that The signing of the joint development agreement not only signifies that both parties will accelerate the development of electrical and electronic architecture in China, but also lays the foundation for expanding the scope of their strategic cooperation in electrical and electronic architecture technology.[22 July 2024]In the strategic cooperation on electrical and electronic architecture technology, Xiaopeng Automobile and Volkswagen Group have established joint development project teams in Guangzhou and Hefei, where engineers from both sides will work closely together to accelerate the development process of the electrical and electronic architecture. Through the close technical co-operation of the joint development project team, the first model equipped with the jointly developed electrical and electronic architecture is expected to be mass-produced within 24 months, which demonstrates the deep mutual trust and strong commitment of Volkswagen Group and Xiaopeng Motors in their strategic partnership. In addition, pursuant to this joint development agreement, Xiaopeng Automobile and Volkswagen Group will actively explore opportunities for further co-operation to expand the scope of application of the electrical and electronic architecture jointly developed by the two parties. Both parties have reached a consensus on the promotion of the EEV strategic cooperation and expect to further strengthen the strategic partnership in this way.- Xiaopeng and Volkswagen Group to fully invest in developing industry-leading electrical and electronic architecture for Volkswagen's CMP and MEB platforms for production in China- The first model equipped with the jointly developed electrical and electronic architecture is expected to be mass-produced within 24 months- Both parties will actively explore further co-operation opportunities to expand the application of their jointly developed electrical and electronic architectureXiaopeng Motors and Volkswagen Group jointly announced that, following the signing of a framework agreement between Xiaopeng Motors and Volkswagen Group dated 17 April 2024 in relation to the strategic cooperation on electrical and electronic architecture technology, Xiaopeng Motors and Volkswagen Group have entered into a co-development agreement on the strategic cooperation on electrical and electronic architecture technology, whereby the two parties will fully commit themselves to the development of industry-leading electrical and electronic architectures for Volkswagen's CMP and MEB platforms for production in China. The signing of the joint development agreement not only signifies that The signing of the joint development agreement not only signifies that both parties will accelerate the development of electrical and electronic architecture in China, but also lays the foundation for expanding the scope of their strategic cooperation in electrical and electronic architecture technology.Declaration: This article comes from the xiaopeng .If copyright issues are involved, please contact us to delete.

Organize a good exhibition, revitalize a chain and enhance a city.As the economy and society resume normalized operation, exhibitions in various industries are springing up like newborns, and the exhibition activities have ushered in unprecedented prosperity.In this exhibition feast, auto parts industry as an important part of the manufacturing industry, but also lively. Zhejiang Province alone, there are Hangzhou, Ningbo, Wenzhou, Taizhou, Yiwu and other places, held one after another auto parts related exhibitions.From Hangzhou's technological frontier, Ningbo's foreign trade talent, to Wenzhou's precision manufacturing, Taizhou's industrial clusters, and then Yiwu's market ocean, Zhejiang auto parts industry blossomed all over the world, each city has its unique charm, giving birth to a variety of distinctive auto parts exhibition.Hangzhou, as the capital city of the province, its auto parts exhibition often integrates the latest scientific and technological achievements and cutting-edge market trends, showing the innovative strength of the auto parts industry in Zhejiang and even the Yangtze River Delta region;Yiwu, known for its strong foreign trade network and wide range of products, is famous for the richness and diversity of its auto parts exhibitions, providing exhibitors and buyers with a wide range of options;Wenzhou, known as the “Capital of China's Automobile and Motorcycle Parts”, has built an efficient supply and demand docking platform for exhibitors with its profound industrial heritage and complete industrial chain;Taizhou, an important base of automobile industry, its auto parts exhibition pays more attention to the linkage of the upstream and downstream of the industry chain and the precise docking of the market demand, providing abundant market information and cooperation opportunities.In the face of the blossoming Zhejiang auto parts exhibition market, Ningbo International Auto Parts & Aftermarket Fair stands out as the industry focus by virtue of its exhibition scale, geographical advantages, foreign trade environment, industrial base and other characteristics.In terms of exhibition scale, 2024 Ningbo Auto Parts & Aftermarket Fair will use all the exhibition halls in Halls 1-8 of Ningbo International Conference & Exhibition Center, with an exhibition area of 51,650 square meters, more than 1,800 exhibitors, and more than 35,000 buyers, both in terms of exhibition area and the number of exhibitors, which is far more than that of other similar exhibitions in the province.In the industrial base, Ningbo as an important industrial city in Zhejiang Province, the automobile industry is its first major industry, the city has more than 5,000 auto parts enterprises such as Junsheng, TuoPu, Jifeng, Minshi, etc., and there are nearly 360 local auto parts enterprises with more than 100 million yuan.Geographically, Ningbo has a world-class deep-water port - Ningbo Zhoushan Port, the city's foreign trade enterprises more than 25,000, of which nearly 1,000 foreign trade companies mainly exported to the automotive aftermarket, serving tens of thousands of automotive parts and aftermarket product manufacturers in the country.As the only export-led auto parts and aftermarket trade show in China, CAPAFAIR Ningbo, relying on its unique geographic location and industrial base, has attracted a large number of overseas buyers by bringing together domestic and overseas auto parts manufacturers. Among them, CAPAFAIR 2023 has become the No. 1 fall fair in East China in 2023.CAPAFAIR 2024, which will be held from September 26 to 28, 2024 at Ningbo International Conference and Exhibition Center, is not only a continuation of the excellent achievements of past exhibitions, but also a brand new outlook on the future development of auto parts and aftermarket.The countdown to the opening of CAPAFAIR 2024 is less than 100 days, and we sincerely invite you to attend the event, seek for the future together, and witness the new chapter of auto parts and aftermarket!

Japan's Ministry of Land, Infrastructure, Transport and Tourism is expected to change regulations at a later date to require new models of automatic cars to be fitted with an anti-misstep device, which will gradually be extended to new cars of existing models. The device will use technology capable of detecting objects in front of and behind the vehicle to stop the car from accelerating, and even if the driver fully depresses the gas pedal at a distance of 1 to 1.5 meters from a large object, the car will come to a stop before hitting the object, or reduce its speed to less than 8 kilometers per hour if a collision is unavoidable. When the device is activated, a warning is also displayed in the car, such as “release the gas pedal”.Declaration: This article comes from the China Automotive News.If copyright issues are involved, please contact us to delete.

On July 10, 2024, Chinese new energy passenger vehicle powertrain solution provider INOVANCE Automotive hosted a ceremony to celebrate the beginning of volume production of its Thailand plant, according to a post on the supplier's official WeChat account. This milestone marks a significant breakthrough in INOVANCE Automotive's global strategy, laying a solid foundation for the company's future development while better supporting domestic clients' overseas expansion and serving local customers in Southeast Asia.Photo credit: INOVANCE AutomotiveINOVANCE Automotive said it is adapting to the global trends of electrification and intelligentization in the automotive industry. Since 2016, the company has been expanding its overseas markets, gradually gaining recognition from numerous renowned automakers. Despite the challenges posed by the pandemic in 2022, the company steadfastly advanced the construction of its Hungarian plant. In 2023, INOVANCE Automotive achieved technological and capacity breakthroughs, successfully passing the ASPICE Level-3 assessment, with production of electric motor and electronic control products surpassing one million units and significant growth in overseas deliveries. The commencement of mass production at the Thailand plant in 2024 aims to deepen its presence in the Southeast Asian market and enhance its local service capabilities.In terms of technological innovation, since 2016, the company has participated in Volkswagen's power source platform project. Over the past eight years, the company said it has continuously invested and made breakthroughs based on the diverse needs of different regions and clients, establishing comprehensive product development standards and capabilities in areas such as functional safety, network security, and high-voltage safety to meet the demands of overseas customers.Following its breakthroughs in power source products overseas, the company aims to replicate these opportunities through continuous expansion. This involves duplicating project successes to further enlarge the power source product market and replicate business success with other clients, as well as broadening the product line from power source products to electric motors, electronic controls, and other areas.By participating in over 10 global projects, INOVANCE Automotive has accumulated extensive experience in developing international platform products, enabling rapid development of localized products to meet the needs of overseas customers. This efficiency also aids domestic clients in their overseas ventures. The company revealed it has established eight major offices and four production bases across Europe and Asia, ensuring quick responses to global market demands.INOVANCE Automotive has set up service centers in multiple global locations to ensure swift after-sales service responses. The company plans to further expand its service network. Domestically, it boasts a comprehensive after-sales service system, including offices, repair centers, spare parts warehouses, and contracted service stations. Internationally, it has established six major overseas service bases and plans to build three more. This robust global service network enables INOVANCE Automotive to efficiently guarantee after-sales support for exported vehicles, providing strong backing for domestic clients' rapid overseas expansion.In promoting sustainable development for the entire society, the company plans to achieve 100% green electricity production at its Changzhou plant by 2025, reducing carbon emissions. Through collaborations with global car manufacturers, INOVANCE Automotive provides new energy powertrain solutions to global customers.Declaration: This article comes from the Gasgoo.If copyright issues are involved, please contact us to delete.

The wheel of time rolls forward, now located in the center of the Yangtze River Delta, Hangzhou, the booming development of the digital economy, the globally renowned "Internet +" innovation plateau, superior geographic location, perfect logistics network, the province and the Yangtze River Delta's well-developed manufacturing industry and rich market resources, cross-border trade business continues to thrive, Hangzhou's international influence continues to grow. As an important province of the national automobile industry, with Hangzhou as the capital of Zhejiang relying on the deep manufacturing base and perfect industrial chain supporting the rapid rise from the traditional auto parts manufacturing to the modern automotive after-market services, from the automotive service entity stores to the rise of e-commerce platform, Zhejiang's automobile industry is accelerating to the direction of intelligent, green, and service-oriented progress.At the time when Zhejiang automobile industry layout is becoming more and more perfect, everything is ready, the first international auto parts and aftermarket trade show on the banks of the Qiantang River was born at the right time, based on Zhejiang, linking the country,China Hangzhou International Auto Parts and Aftermarket Fair 2025 for Zhejiang and even the global automobile parts and accessory market to inject new vitality and opportunities.New energy automobile industry has entered the fast lane, how to enter the new track of traditional auto parts enterprises?Foreign trade data continue to improve, as a traditional manufacturing sector, auto parts industry how to solidify the advantages of the traditional industry on the basis of globalization layout?What is the current demand and change trend of auto parts market? Which product categories are growing rapidly and which products may face market adjustment?Gathering industry elites, displaying the latest products, communicating easily and reaching trade cooperation ......China Hangzhou International Auto Parts and Aftermarket Fair 2025 will build an open and diversified environment for exhibition, trade and communication, and at the same time of displaying the latest products, technologies and services of automotive parts and aftermarkets, it will gain an in-depth understanding of the industry dynamics, grasp the market trends, and stimulate new business inspirations and strategic thinking in the collision of ideas. The exhibition will display the latest products, technologies and services of auto parts and aftermarket, and at the same time, deeply understand the industry dynamics, grasp the market trends, stimulate new business inspiration and strategic thinking in the collision of ideas, and jointly promote the continuous development and innovation of auto parts and aftermarket.A number of thematic forums and seminars will be held during the same period of China Hangzhou International Auto Parts and Aftermarket Fair 2025, inviting industry experts, scholars and leaders to have in-depth discussions on hot topics such as digitalization, intelligence, new energy and cross-border trade in the automotive industry, sharing cutting-edge views, and providing attendees with valuable industry insight and strategic guidance to embrace the ever-changing future of the automotive market.On the bank of Qiantang River, Hangzhou Grand Convention and Exhibition Center, a first-class large-scale convention and exhibition venue, and China Hangzhou International Auto Parts and Aftermarket Fair 2025, which is ready for development, will jointly interpret the colorful chapter of the innovative development of the automotive industry and the prosperity of the convention and exhibition economy.Spring is in full swing in April! Let's meet in 2025, gather in Hangzhou, and work together to draw a new blueprint for the global auto parts industry!About CAPAFAIR Hangzhou 2025 CAPAFAIR Hangzhou 2025 will be held on April 10-12, 2025 at Hangzhou Convention and Exhibition Center, Halls 5, 6, 7 and 8, with 64,000 square meters of exhibition space and 2,000+ exhibitors. The exhibits cover automotive parts and components, supplies and modifications, electrics and electronics, digital and intelligent systems, new energy systems, repair/inspection and maintenance, etc. Auto parts people are welcome to participate!China Hangzhou International Auto Parts and Aftermarket Fair 2025 is organized by Ningbo Oriental Harbor International Exhibition Co., Ltd, Ningbo Zhongbo International Exhibition Co., Ltd, Ningbo Auto Parts Industry Association and more than 60 partners. The organizer has been deeply plowing B2B industry exhibition for a long time, accumulated hundreds of thousands of industry data resources, and cultivated the world's most large-scale stationery industry brand exhibition - "China Ningbo International Stationery Fair", and with accurate positioning, large scale and good effect to win the industry's wide acclaim of "China Ningbo International Auto Parts and Aftermarket Fair".

35 to 40% of new heavy goods vehicles sold in Europe in 2030 would be Zero Emission, according to a VIsion'AIR analysis note presented today. A share incommensurate with the current 2% and yet much lower than the announcements of most Manufacturers.An alternative vision, nevertheless making it possible to meet the CO 2 objectivesThe Vision'Air study, carried out by the FFC in partnership with BDO Advisory, and its 35 to 40% of new "zero-emission" heavy goods vehicles in Europe in 2030, offers an alternative vision to that of most manufacturers, which have 50% targets. A more diversified engine mix would, however, be enough to achieve the objective, voted by the European Commission on April 10, of reducing CO 2 emissions from new heavy goods vehicles by 45%.A vision conditioned on significant price reductionsAchieving 35% of new zero-emission heavy goods vehicles in Europe in 2030 represents a very significant acceleration compared to today's 2%.This requires an ambitious context between now and 2030, reflecting the commitment of all players in the sector:Reductions in technology prices: on average 40% for Batteries and 55% for Hydrogen PACReductions in pump prices for carbon-free energies: 14% for electricity and 17% for green hydrogenTax levers, on purchase and/or use, to support the 15% TCO reductionSufficient energy infrastructure to enable market development, such as the need for 500,000 charging stations, at the depot and while roamingTCOs not yet competitive in 2030 in long distance and hydrogenEven if all these conditions are met, certain TCOs will not be competitive compared to other engines: in particular those of Hydrogen heavy goods vehicles and those of electric heavy goods vehicles for long distance uses. A focus on the evolution of Tractor TCO provides an example.The growth of zero-emission heavy goods vehicles will therefore be significant in Europe by 2030, but hampered by TCOs that are still non-competitive for certain uses or technologies and conditional on sufficient energy infrastructure.Independence of visionThe results are based on hypotheses constructed with the help of a consortium of players in the sector: manufacturers, equipment manufacturers, energy companies and transporters.The independence of VIsion'AIR results is due to the model developed by BDO Advisory. This model simulates rational choices of demand based on cost, purchasing and usage (TCO) criteria, depending on the engines available, the categories of heavy goods vehicles and the distances to be covered.A sector today in uncertainty according to Patrick CholtonCharging networks for electric heavy goods vehicles or refueling networks for hydrogen heavy goods vehicles are not sufficiently developed and are very expensive. Zero-emission heavy goods vehicles have a high initial cost which is a barrier for many fleet operators.Battery autonomy for electric heavy goods vehicles appears insufficient for long distances, requiring frequent stops. In addition, these heavy goods vehicles may have a reduced payload capacity due to the weight of the batteries, which makes them less competitive.Government policies may lack clarity or stability depending on the country, discouraging investment in zero-emission heavy goods vehicles. Financial incentives, whether subsidies or tax credits, are insufficient to offset the high initial costs.Declaration: This article comes from the FFC.If copyright issues are involved, please contact us to delete.

Recently, the world's leading consulting firm AlixPartners released a new report showing that Chinese branded automakers are expected to continue their rapid expansion overseas, accounting for 33% of the global auto market by 2030.Chinese-brand automakers to accelerate "going overseas" AlixPartners expects Chinese branded cars to grow in all global markets, with particularly rapid growth outside of China.This year, the global market share of Chinese branded cars is expected to be 21%, of which only 3% is outside China.But AlixPartners expects sales of Chinese-branded cars outside China to grow to 9 million units by 2030, up from 3 million this year, meaning that by the end of 2030, its market share outside China will grow from 3% to 13%.The growth of Chinese branded cars in Russia is the most impressive: AlixPartners estimates that by 2030, the market share of Chinese branded cars in Russia will double from the current 33%, soaring to 69%.However, market share growth is expected to be weaker in Japan, Korea and North America. This is partly due to the fact that the U.S. government has announced that it will impose a 100 percent tariff on imported Chinese electric cars, claims AlixPartners.Currently in North America, Chinese branded cars are expected to account for only 3% of the market, and mainly in Mexico. However, it is expected that by 2030, Chinese branded cars could reach a 20% market share in Mexico.In most other major regions of the world, the market share of Chinese-branded vehicles is expected to grow exponentially, AlixPartners reports. These regions include Central and South America, Southeast Asia, the Middle East and Africa.Meanwhile, in Europe, Chinese brands are also "on the offensive": according to ArrowPlatts, their market share in Europe is expected to double from the current 6% to 12% by 2030.According to AlixPartners, the market share of Chinese branded cars in China is also expected to grow from 59% to 72% by 2030. Traditional automakers such as General Motors have been losing ground in China in recent years, and a large portion of the country's auto market share has been taken up by local brands such as BYD, Geely and Azera."China is the new disruptor in the auto industry."According to AlixPartners, the strengths of Chinese branded carmakers lie not only in cost advantages and localized production strategies, but also in a more advanced level of technology that can satisfy evolving consumer preferences for automotive design and freshness.Mark Wakefield, global co-head of AlixPartners's automotive and industrial practice, said in a statement:"China is the new disruptor in the automotive industry - capable of creating essential cars that are faster to market, cheaper, technologically and design-advanced, and more efficiently manufactured."They point out that Chinese branded cars create new products in 20 months, half the time of traditional automakers (40 months). Moreover, Chinese-branded cars have a 35% "Made in China" cost advantage.Wakefield said that for traditional automakers to compete with Chinese automakers, it is no longer enough to just "eat the old book"; they need to rethink their overall business development process and increase the speed of vehicle development.Andrew Bergbaum, the other global co-head of AlixPartners's automotive and industrial practice, said that the company's automotive development process needs to be rethought and the pace of vehicle development increased. In a statement, Bergbaum said, "Automakers that wish to continue operating on the stale principles of the past are only now waking up and are on their way out."

On June 25, at the World Economic Forum Convenes 15th Annual Meeting of the New Champions(also known as the "Summer Davos"), CATL Chairman Zeng Yuqun said its civil electric manned aircraft cooperation project has made progress, and is expected to support a range of about 2,000 to 3,000 kilometers from 2027 to 2028, which is also the first time CATL has revealed information about the range of its electric aircraft. This is also the first time CATL revealed its electric airplane range information.Zeng Yuqun said CATL has successfully test-flown a 4-ton civil electric aircraft, and is "actively investing" in and accelerating the development of an 8-ton class. The 8-ton aircraft is expected to be released in 2027 to 2028, when it will be able to support a range of about 2,000 to 3,000 kilometers.The batteries used in the project are said to be cohesive batteries, the cutting-edge battery technology of CATL. The battery's single energy density is as high as 500Wh/kg, which not only means a two-fold increase from the current level of 250Wh/kg in the power battery field of electric vehicles, but also means that it has already met the energy density requirements of regional airliners.At the same time, Zeng Yuqun revealed that the company is developing a new generation of sodium-ion batteries, in terms of cost, life and low-temperature performance is expected to have a better performance, the earliest launch next year. If the technology as an evaluation system (1-10 scoring),CATL sodium-ion battery project has been at the level of 7.Declaration: This article comes from the China Daily.If copyright issues are involved, please contact us to delete.

According to the statistics of Ningbo Customs, from January to May this year, the total import and export value of Ningbo's foreign trade amounted to 560.95 billion yuan, an increase of 9.2% over the same period last year (the same below). Among them, exports amounted to 361.67 billion yuan, an increase of 8.2%; imports amounted to 1992.08 billion yuan, an increase of 11.1%.The proportion of import and export of private enterprises further increased. from January to May, the city's private enterprises imported and exported 420.76 billion yuan, an increase of 10.6%, accounting for 75% of the total value of import and export of Ningbo during the same period, the proportion of which increased by 0.9 percentage points. Foreign-invested enterprises imported and exported 101.53 billion yuan, an increase of 8.9%; state-owned enterprises imported and exported 38.48 billion yuan, down 2.9%.To the top five trading partners are growing. 1-5 months, the United States, the European Union, ASEAN, Australia, Japan for the city's top five trading partners, respectively, the import and export of 94.99 billion yuan, 93.74 billion yuan, 71.96 billion yuan, 29.73 billion yuan, 23.66 billion yuan, an increase of 14.5%, 3.5%, 19%, 18%, 2%. In addition, Ningbo's import and export to and from countries with "One Belt, One Road" is 245.27 billion yuan, an increase of 8.1%, while that to and from other RCEP member countries is 144.29 billion yuan, an increase of 10.8%.The export of traditional advantageous products continued to grow. 1-5 months, the city exported 206.25 billion yuan of electromechanical products, an increase of 7.6%. Among them, household appliances, general machinery and equipment exports of 26.99 billion yuan, 15.68 billion yuan, an increase of 14.7%, 25.7%; by the economic recovery, transportation demand to enhance the impact of container demand growth, the city's container exports increased significantly by 719.1%. During the same period, the export of labor-intensive products 83.87 billion yuan, an increase of 11.4%, of which plastic products, furniture and its parts, toys, shoes and boots increased by 13.8%, 29.6%, 20.6%, 25.6%.Resources, raw materials products imports grew significantly. from January to May, the city imported iron ore, copper, plastics in primary shapes, refined oil, aluminum, natural gas 25.24 billion yuan, 15.76 billion yuan, 13.26 billion yuan, 12.01 billion yuan, 3.27 billion yuan, 3.06 billion yuan, an increase of 59.2%, 11.6%, 7.6%, 52.9%, 66.5%, 6.7% respectively. Consumer goods imports of 18.2 billion yuan, down 2.5%; of which dried and fresh fruits and nuts, edible oils, alcohol and beverages increased by 26.7%, 7.6%, 5.2% respectively.In May, Ningbo import and export 124.34 billion yuan, an increase of 12.3%, a growth rate of 4.6 percentage points higher than that of April, of which exports 83.87 billion yuan, an increase of 17.7%, imports of 40.47 billion yuan, an increase of 2.6%.