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Adopting a Three-Pronged Strategy: Used Car Overseas Expansion Ushers in New Growth Opportunities
2025-09-01 09:54:44
"Electric or fuel, no mileage worries" More automakers join the extended-range race
2025-08-26 14:33:58
The new regulations on the supervision of intelligent connected vehicles have been made public for public comment. Which measures have attracted the most attention?
2025-08-21 11:06:47
Global Power Battery “Mid-Year Report” Released: Chinese Players Lead, Korean and Japanese Manufacturers Seek Change
2025-08-20 10:33:42
Focusing on New Energy and Globalization: Three Major State-Owned Auto Enterprises Set Clear Development Goals
2025-08-06 15:22:42
1776 Exhibitors Revealed! Sneak Peek into CAPAFAIR 2025!
2025-08-04 16:45:12
CAPAFAIR Auto Parts Online Platform: Bridging the Gap Between Exhibitors and Buyers
2025-08-01 15:45:52
Chinese Auto Parts Suppliers Lead Global Shift Toward Intelligent Transformation
2025-07-29 14:04:39
Empowering Global Expansion: Cross-Border E-Commerce Ignites CAPAFAIR Ningbo 2025
2025-07-23 16:07:05
Surge in Downstream Orders Fuels Positive Earnings Forecasts for Many Auto Parts Companies in H1
2025-07-22 13:50:59
Intelligent Competition Enters “Deep Waters”, Spurring New Mechanisms for Collaboration in the Automotive Industry Chain
2025-07-17 09:59:47
China's auto industry innovation breakthrough development bottleneck domestic and foreign car companies to join hands to break the situation
2025-07-15 11:08:09
Record high!Ningbo Zhoushan Port completed the first half of the container throughput of more than 21 million TEUs
2025-07-08 16:32:33
Over 200,000 units booked in 3 minutes, Xiaomi YU7 officially launched!
2025-07-01 10:40:33
What is the “road to rebirth” for retired batteries?
2025-06-23 09:24:35
Notice
Adopting a Three-Pronged Strategy: Used Car Overseas Expansion Ushers in New Growth Opportunities
Standing at a critical juncture of the global automotive industry's transformation, China's used car exports are embracing new opportunities. At present, China's used car export is in a golden period of overlapping policy dividends and market explosion. With over 400 million vehicles in stock, a mature supply chain system and high cost-performance model options, China's used car export has a solid foundation, said Luo Lei, vice president of the China Automobile Dealers Association, at the 2025 China Used Car Export Ecosystem Conference held recently. Data shows that in 2024, China's used car exports have exceeded 400,000 units, reaching over 160 countries and regions, emerging as a new force driving automotive consumption and promoting industrial upgrading. At the same time, China's used car exports urgently need to establish a collaborative development pattern guided by the government, led by enterprises, and empowered by associations, to break through overseas market barriers with standardized and internationalized service systems and form a more competitive global used car circulation network. Gao Dewu, CEO of CAR Inc, said that the global automotive circulation system is undergoing rapid changes. A reliable vehicle source is the cornerstone of the ecosystem, and transparent information is the bridge of trust. In the second half of used car exports, it is not simply about selling vehicles, but about "selling the ecosystem". Huang Ruoyu, the president of the Used Car Export Branch of CADA's Used Car Export Committee, stated that China is accelerating the global automotive trade process with a dual output of "technology and production capacity", and this trend is irreversible. With the "triple crown" of production, sales and exports, and a total export volume of 6.4 million vehicles globally, China is reshaping trade flows and laying the foundation for the market structure. On this basis, Chinese automakers are deeply cultivating the global market with differentiated strategies. In the Middle East market, they focus on the "reliability of fuel vehicles"; in the Central and European market, they focus on "infrastructure compatibility of electric vehicles"; and in the Latin American market, they emphasize the "high cost-performance advantage". This three-pronged strategy is continuously expanding the penetration and influence of Chinese automobiles in the global market, bringing new opportunities to the used car market. Li Jia, vice president of China Auto Rental, believes that China's used car exports need to overcome three major hurdles: the professional barrier, the trust barrier, and the scale barrier, in order to establish an international competitive edge. Based on China Auto Rental's overseas expansion experience, he has proposed three key paths: first, proactively "go global" by setting up direct sales networks in six key countries through port forward warehouses, overseas warehouses, and overseas offices, covering more than 30 surrounding countries and regions; second, integrate resources and form a "vehicle source working group" with domestic vehicle source providers to share overseas business opportunities and improve matching efficiency; third, focus on "standard-like products", promoting the transformation of non-standard used cars into standardized ones through the "four same" strategy of the same year, the same mileage, the same condition, and the same price, to enhance market trust. "Coordinated efforts from supporting enterprises such as institutional vehicle sources, logistics, and after-sales services are needed. By following the path of 'institutional vehicle sources leading the way, supporting services following up, and trading platforms going global', we can jointly promote the export of second-hand vehicles to a new level," said Li Jia. As one of the core achievements of the 2025 China Used Car Export Ecosystem Conference, the Used Car Institutional Vehicle Supply Export Task Force, jointly initiated by the China Automobile Dealers Association and China Auto Rental, was officially launched, marking the official entry of China's used car export into a new stage of "ecological, standardized and brand-oriented" development. As a member organization under the Used Car Export Branch of the China Automobile Dealers Association, the working group's first batch of members includes 23 automakers, 7 financial leasing institutions, 5 leasing and mobility enterprises, and 3 dealers, covering all key players from vehicle supply, financial services to circulation services. It will become one of the most representative industrial collaboration platforms in the current domestic used car export sector. It is reported that the core goal of the working group is to integrate the scattered institutional vehicle sources, technologies and channel resources into "one network", transforming used car exports from "individual battles" to "grouping for overseas expansion", and jointly building the overseas reputation of Chinese used cars, becoming the preferred channel for overseas bulk purchases. Guangdong is one of the provinces with the largest number of cars in China. Yan Fei, the president of the Guangdong Automobile Circulation Association, said that relying on the market foundation, Guangdong has accelerated the export of second-hand cars through policy support and service optimization. In the first seven months of this year, Guangdong exported 46,000 second-hand cars, exceeding the total of last year. Zhao Zhe, vice president of China Auto Rental, said that as the largest car rental company in China, China Auto Rental has built a full-chain ecosystem of "buy, rent, repair and sell", covering new car procurement, rental services, its own maintenance system and domestic and international second-hand car layouts. Xu Changming, a senior economist at the National Information Center, analyzed that the core driving force for global automotive demand growth is accelerating its shift from developed countries to emerging markets. Chinese domestic brands have performed strongly in regions such as Russia, Central Asia, the Middle East, and ASEAN. New energy vehicles have a market share of over 50% in emerging markets. Although challenges such as EU barriers lie ahead, with the improvement of the competitiveness of domestic brands, the improvement of local production and services, the prospects for the full-scale overseas expansion of China's automotive industry are broad.Declaration: This article comes fromEconomic Daily.If copyright issues are involved, please contact us to delete.
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"Electric or fuel, no mileage worries" More automakers join the extended-range race
On August 19th, GAC Group released its "ADiMOTION" range-extending technology, first equipped on the Hyper HL Extended-Range Edition, achieving a CLTC pure electric range of 350 km and a maximum combined range of 1,369 km. On August 7th, SAIC-GM's Buick brand introduced the "True Dragon" range-extending system, debuting on the upcoming Zhijie L7, with a CLTC pure electric range of 302 km and a combined range exceeding 1,400 km. Earlier on August 1st, IM Motors launched SAIC’s in-house developed "Star" Super Range Extender, marking its entry into the extended-range market. This technology debuted on the new-gen IM LS6, boasting a CLTC pure electric range over 450 km and a combined range surpassing 1,500 km. In June, GAC Toyota announced plans to release extended-range versions of the Highlander and Sienna. XPeng also revealed it will launch its first extended-range model, the X9, this year. Additionally, reports suggest Xiaomi’s next EV will adopt extended-range technology. Whether it's joint venture brands or domestic ones, more and more automakers are beginning to lay out or increase their investment in range-extending technology. With the further increase in the number of players, the range-extending field has become even more crowded, and the competition has also intensified. Why is range-extending technology gaining popularity in the new energy vehicle sector? From the perspective of users, range-extending vehicles that can run on both electricity and fuel eliminate the anxiety over range and charging. Currently, some consumers still have concerns about the range and charging of pure electric vehicles. Range-extending vehicles, however, can be driven by electricity and generate power from fuel when the battery is low, significantly reducing range anxiety. They offer the pure electric driving experience while avoiding the charging limitations of pure electric vehicles. Compared with pure electric vehicles, range-extending vehicles do not rely on a dense charging network and are suitable for both urban commuting and long-distance travel, especially for users with limited charging conditions. From the perspective of enterprises, the technical threshold for range extender technology is relatively low, and the research and development cycle is short. Compared with the brand-new development of pure electric platforms, range extender technology can be optimized based on the existing fuel vehicle architecture, reducing research and development costs. Meanwhile, the range-extending system structure is simpler than that of plug-in hybrids, without the need for complex transmission matching, and is easier to achieve large-scale production. From a market perspective, brands like Li Auto and AITO have demonstrated that extended-range vehicles enjoy high acceptance in the high-end market, with consumers willing to pay a premium for the "pure electric experience without range anxiety." Data from the Passenger Car Market Information Joint Branch of the China Automobile Dealers Association shows that from 2021 to 2024, sales of extended-range models grew by 218%, 130%, 154%, and 70.9% respectively, far outpacing the growth rates of pure electric vehicles and fuel vehicles during the same period. Of course, extended-range technology is not without its drawbacks. For instance, although extended-range vehicles offer smoothness close to that of pure electric vehicles, they have pain points such as high fuel consumption, insufficient power, and obvious noise and vibration when the battery is low. To address these issues, the new generation of extended-range vehicles all adopt larger batteries to reduce the frequency of engine intervention; optimize the efficiency of the range extender to lower fuel consumption when the battery is low; and refine the oil-electric switching strategy to enhance quietness. Although "large battery + small fuel tank" has become the mainstream of the new generation of range-extending technology, industry insiders point out that the battery of range-extending vehicles is not necessarily the larger the better. A larger battery is a double-edged sword. While it provides better range, it also means higher costs, higher prices, and a heavier vehicle body, which will affect handling. Whether the improvement of range-extending technology is as excellent as car manufacturers claim remains to be seen. However, it can be predicted that in the field of new energy vehicles, technologies such as range extension, pure electric, and plug-in hybrid will coexist for a long time. The range extension technology is not perfect, but in the current stage where the charging infrastructure and battery technology are not yet fully mature, it offers a solution that balances range, cost, and driving experience. In the future, as ultra-fast charging becomes widespread and solid-state batteries are mass-produced, pure electric vehicles may gradually replace range-extended vehicles, but in the short term, range extension will still be an important transitional option. Declaration: This article comes from Economic Information Daily.If copyright issues are involved, please contact us to delete.
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The new regulations on the supervision of intelligent connected vehicles have been made public for public comment. Which measures have attracted the most attention?
Nowadays, intelligent driving functions have almost become a "standard feature" for many new energy vehicles. However, in reality, many car manufacturers play "word games" when promoting their products, deliberately blurring the boundaries between "assisted driving" and "autonomous driving", misleading consumers into thinking they can drive with their hands off the wheel. But this is not the case. Besides "arbitrarily designing marketing slogans", some car manufacturers have also modified vehicle performance parameters through OTA (Over-The-Air) updates without authorization, causing damage to the rights and interests of car owners. To address various chaos in the industry, the State Administration for Market Regulation and the Ministry of Industry and Information Technology have recently jointly released the "Notice on Strengthening the Supervision and Management of Product Recall, Production Consistency and Standardizing Publicity of Intelligent Connected New Energy Vehicles (Draft for Comment)", which covers four major aspects including vehicle recall, production consistency, commercial publicity and incident accident reporting. The aim is to build a bottom line of product safety through full-chain supervision and guide the healthy development of the industry. It is worth noting that compared with previous policies, the new regulations have a more severe tone, with the word "shall not" appearing six times - including "shall not push software versions that have not been fully tested and verified to users" and "shall not hide defects through OTA, that is, remote online upgrades", etc. Furthermore, the new regulations also clearly stipulate that enterprises must not imply to consumers in the combination of driving assistance systems, function naming, and marketing promotion that they can be regarded as autonomous driving systems, in order to prevent drivers from abusing them. So apart from these, what other specific measures does the new regulation have in terms of ensuring user safety? Huang Jinjing, director of the Traffic Management Regulations Research Department of the Road Traffic Safety Research Center of the Ministry of Public Security: The so-called autonomous driving vehicles currently available on the market are actually assisted driving vehicles. In terms of legal definition, assisted driving does not relieve the driver of their obligations. The driver must abide by all the laws and regulations that ordinary drivers need to follow. Therefore, even if you have activated the so-called intelligent driving function while driving, you still need to keep both hands on the steering wheel, keep your eyes on the road conditions, and be ready to take over the vehicle at any time. In response to the current chaos in the industry regarding the promotion of functions, the draft for comments clearly stipulates that when enterprises provide consumers with information about the driving automation level, system capabilities, and system boundaries of intelligent connected new energy vehicles, they must be true and comprehensive. They are not allowed to make false or exaggerated claims about the system capabilities or engage in misleading promotions to ensure that consumers correctly understand and drive intelligent connected new energy vehicles. In the naming and marketing promotion of combined driving assistance systems or functions, enterprises must not imply to consumers that they can be regarded as autonomous driving systems or possess functions that they do not actually have, to prevent drivers from abusing them. Experts say that this is drawing a red line for false promotion, which can better ensure the safety of passengers, and prompt enterprises to abandon marketing gimmicks and focus on technological research and development and product optimization. OTA, or Over-the-Air update, has always been a matter of widespread concern among consumers. Previously, some car manufacturers have unilaterally modified vehicle performance parameters such as battery range and power output through OTA updates, or pushed untested software versions without informing users, causing damage to user rights and interests. In addition, some car manufacturers have used OTA updates to cover up hardware or software defects in vehicles, conceal vehicle safety hazards, and avoid traditional recall procedures. In this regard, the draft for comments states that OTA upgrade activities cannot be carried out without filing, and software versions that have not been fully tested and verified cannot be pushed to users. OTA cannot be used to conceal defects. It is necessary to ensure that the intelligent connected new energy vehicle products equipped with combined driving assistance systems produced by enterprises are consistent with the approved products, and enterprises should bear the responsibility for product safety. For enterprises that frequently carry out OTA upgrade activities, the State Administration for Market Regulation will conduct key spot checks and special verifications. Xiong Lu, the dean of the School of Automotive Studies at Tongji University: After cars achieve autonomous driving, there may be multiple functional issues or certain product functions set by enterprises in the early stage may have defects. Instead of delving into the root causes of these defects and reporting them, enterprises may cover up the problems through OTA. Moreover, in the current market environment, as enterprises continuously carry out OTA upgrades, the new added functions may also have defects. Once defects occur, enterprises may cover up the defects of the previous upgrade through subsequent OTA upgrades. The purpose of this new regulation is to standardize the OTA behavior of enterprises, precisely to prevent disorderly competition among enterprises. This regulation targeting OTA behavior will help reduce and even prevent such disorderly OTA upgrade behaviors by enterprises. It is understood that the public can provide feedback through official channels before September 15. Experts say that after the final policy is implemented, it is expected to establish clearer development rules for the intelligent connected new energy vehicle industry and achieve a balance between "technological progress" and "safety and controllability". Declaration: This article comes fromChina National Radio. If copyright issues are involved, please contact us to delete.
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Global Power Battery “Mid-Year Report” Released: Chinese Players Lead, Korean and Japanese Manufacturers Seek Change
Global power battery companies have handed in their first-half “report cards.” Recently, Korean market analysis agency SNE Research released data showing that in the first half of 2025, the total installed capacity of power batteries in newly registered electrified vehicles worldwide (including hybrids, plug-in hybrids, and pure electric vehicles) reached 504.4 GWh, a year-on-year increase of 37.3%. From the top ten list of global power battery installations, Asian companies still occupy an absolute advantage. The pattern of six Chinese companies, three Korean companies, and one Japanese company has not changed. However, compared with the overall ranking in 2024, SVOLT has replaced Sunwoda in the top ten. In terms of market share, Chinese power battery companies are still steadily increasing their share, while the market share of Korea’s three major battery manufacturers and Japan’s Panasonic continues to decline. Specifically, in the first half of the year, the combined market share of the six Chinese companies reached 68.9%; for full-year 2022–2024, the figures were 60.4%, 63.5%, and 67.1%. The combined market share of Korea’s three major battery manufacturers in the first half was 16.4%, down 5.4 percentage points from the same period last year, and Samsung SDI was the only company among the top ten to see a year-on-year decline in installations. In addition, Panasonic, a main battery supplier to Tesla, also grew at a rate below the industry average. Domestic and Overseas “Blooming” in TandemChinese Companies’ Share Continues to Rise According to SNE Research’s statistics in recent years, from 2017 to 2024 global power battery installations achieved steady, high-speed growth, at 59 GWh, 100 GWh, 118 GWh, 148 GWh, 308 GWh, 515 GWh, 710 GWh, and 899 GWh, with a compound annual growth rate of 47.5%. Among them, the first half of 2024 was 367 GWh, while the first half of this year was 504.4 GWh, an increase of 37.3%. Maintaining such high growth owes much to Chinese power battery companies. In the first half of this year, the six Chinese companies in the global top ten—CATL, BYD, CALB, Gotion High-Tech, EVE Energy, and SVOLT—held a combined market share of 68.9%. In particular, CATL and BYD, with market shares of 37.9% and 17.8% respectively in the first half, were far ahead of other peers. If we include other Chinese companies outside the top ten, China’s share of the global power battery market exceeds 70%. Specifically, CATL firmly held the top spot, with 190.9 GWh of installed capacity in the first half, up 37.9% year-on-year. Not only do numerous Chinese automakers such as Zeekr, AITO, Li Auto, and Xiaomi purchase batteries from CATL, but international automakers including Tesla, BMW, Mercedes‑Benz, and the Volkswagen Group also use CATL batteries. Judging from CATL’s recently released financial report, in the first half of the year the company showed strong performance across multiple dimensions such as revenue, profits, installed capacity, technological innovation, and global footprint. Revenue reached 178.9 billion yuan, up 7.3% year-on-year; net profit was 30.5 billion yuan, up 33.3%. Meanwhile, CATL successfully listed on the Hong Kong Stock Exchange, formally establishing an “A+H” international capital platform. The company also moved quickly on new products. In passenger vehicles, it released the second‑generation Shenxing superfast‑charging battery, the Xiaoyao dual‑core battery, and the “Na‑Xin” sodium battery; in commercial vehicles, it launched the Na‑Xin integrated start‑stationary battery and the Kunshi chassis. Unlike CATL, BYD’s batteries are mainly used internally. Its rise in installed volume benefited from its continuously growing EV sales. In the first half of this year, BYD’s cumulative EV sales were about 2.146 million units, up 33% year-on-year. The carefully laid multi‑brand strategy is showing good synergy effects. It is worth mentioning that among the global top ten power battery companies in the first half, the fastest growth came from Great Wall Motor–affiliated SVOLT. Its installed capacity reached 12.9 GWh, soaring 107.7% year‑on‑year, making it the only company on the list to achieve triple‑digit growth. SVOLT originated from the power battery division established by Great Wall Motor in 2016, and its main customers include Great Wall Motor, Geely, Stellantis, Leapmotor, and BMW MINI. The explosive growth of SVOLT’s installed capacity in the first half was due in part to its expanding cooperation with European automakers. Previous data indicated that SVOLT has cumulatively supplied 128,000 battery packs to Stellantis and 110,000 sets to BMW MINI. Not long ago, SVOLT won a new battery program for the smart brand and will supply lithium‑iron‑phosphate short‑blade batteries to smart worldwide. In China, SVOLT supplies short‑blade batteries for models such as the Geely Galaxy E5, the Great Wall Ora Lightning Cat, and Baidu’s Apollo Go autonomous‑driving model Yichi 06. Another Chinese company worthy of attention is Gotion High‑Tech, which posted the second‑highest growth among the top ten. In the first half, its installed capacity reached 17.9 GWh, a year‑on‑year surge of 85.2%, and its market share rose from 2.6% in the same period last year to 3.6%. Of course, the greatest support for the increase in Chinese companies’ battery installations still comes from the domestic market. According to statistics from the China Association of Automobile Manufacturers, driven by trade‑in subsidies, in the first half of this year China’s NEV production and sales reached 6.968 million and 6.937 million units, respectively, up 41.4% and 40.3% year‑on‑year. Weakened Customer DemandKorean and Japanese Companies Show Sluggish Growth Compared with Chinese companies, in recent years the global market share of Korea’s three major battery manufacturers has been gradually declining, which is related to changes in demand in their main markets and among major customers. The Korean trio mainly rely on the European and U.S. markets and OEM clients there, but since the second half of 2023 those EV markets have clearly cooled. Moreover, an increasing number of European and U.S. customers, seeking to reduce costs and diversify risk, have chosen to hand part of their orders to Chinese companies. As a result, the performance of Korean battery manufacturers has naturally been affected, and their market shares have declined. In the first half of this year, LG Energy Solution’s installed capacity was 47.2 GWh, with a year‑on‑year increase of only 4.4%, significantly lower than the industry average. This caused its market share to fall from 12.3% in the same period last year to 9.4%. SK On’s installed capacity was 19.6 GWh, up 10.7% year‑on‑year. Samsung SDI even recorded a decline in installed capacity, from 17.4 GWh in the same period last year to 16 GWh now. Overall, in the first half of this year the combined market share of the three major Korean battery manufacturers was 16.4%, whereas for full‑year 2023 and 2024 the figures were 23.1% and 18.4%. Looking at the supporting vehicle models, LG Energy Solution’s batteries are mainly used in vehicles under Tesla, Chevrolet, Kia, and Volkswagen. SNE Research pointed out that in the first half of the year, the decline in sales of Tesla models led to a 28.9% year‑on‑year decrease in Tesla’s use of LG Energy Solution’s power batteries. Fortunately, the hot global sales of the Kia EV3 and the growth in North American sales of Chevrolet’s Explorer EV, Blazer EV, and Silverado EV became the main drivers of growth in LG Energy Solution’s installed capacity. By contrast, SK On’s batteries are mainly used in models under Hyundai, Kia, Mercedes‑Benz, Ford, and Volkswagen. After facelifts, the Hyundai IONIQ 5 and Kia EV6 saw sales gradually recover, and with stable sales of the Volkswagen ID.4 and ID.7, SK On’s installed capacity increased. However, slowing sales of the Ford F‑150 Lightning caused Ford’s use of SK On’s power batteries to drop 13.4% year‑on‑year. Samsung SDI’s main customers are BMW, Audi, and Rivian. BMW’s key EV models—the i4, i5, i7, and iX—all use Samsung SDI batteries. Among them, sales of the best‑seller i4 declined, resulting in a 5% year‑on‑year drop in BMW’s use of Samsung SDI power batteries. In addition, although sales of Rivian’s R1S and R1T in the U.S. remained stable, the newly launched standard‑range versions are equipped with Gotion High‑Tech’s LFP batteries, reducing Samsung SDI’s share in Rivian’s battery supply. However, with the start of sales of the Audi Q6 e‑tron, Audi’s use of Samsung SDI’s power batteries increased 8.8% year‑on‑year. Besides Korea’s big three, the market share of Japan’s Panasonic is also declining. In the first half of this year, Panasonic ranked sixth with 18.8 GWh of installed capacity, a year‑on‑year increase of 14.4%, below the industry average, and its market share fell from 4.5% in the same period last year to 3.7%. As is well known, Panasonic mainly supplies batteries to Tesla, and Tesla’s sales this year have been less than ideal, especially amid continued weakness in Europe. In the first half, Tesla’s global sales were 720,800 units, down 13.3% year‑on‑year, which dealt a considerable blow to Panasonic. In addition to Tesla, Panasonic also supplies batteries to Japanese automakers such as Toyota, Subaru, and Mazda, but their pace of electrification is relatively slow and cannot provide much support to Panasonic in the short term. Seeking New Growth DriversPushing into Overseas Markets with Different Areas of Emphasis At present, both Chinese and Korean/Japanese manufacturers are vying for overseas opportunities to find new growth drivers. The difference is that Chinese companies are targeting Europe and Southeast Asia, while Korean and Japanese manufacturers are focusing on Europe and North America. Europe and North America are the world’s second‑ and third‑largest EV markets after China, but for well‑known reasons, Chinese companies face limitations in North America; thus Europe—home to numerous automakers—and Southeast Asia, which is vigorously advancing green transformation, have become popular destinations for Chinese investment. Take CATL as an example: it is steadily advancing construction of its Hungary plant, its Indonesia plant, and its joint LFP plant in Spain with Stellantis, accelerating its global strategy. Among these, the Hungary plant is CATL’s second production base in Europe after Germany and one of its most important overseas factories. Phase One is expected to start production by year‑end, at which point it can supply Mercedes‑Benz, BMW, Volkswagen, and other automakers, serving major European markets. In addition, CATL is also laying out battery recycling, planning to work with local governments to build a recycling system. The joint LFP battery plant in Spain with Stellantis is expected to begin trial production at the end of 2026, with a planned capacity of 50 GWh. In Indonesia, CATL is cooperating with local companies to invest in nickel resources and battery industry‑chain projects. Chinese battery companies including BYD, Gotion High‑Tech, EVE Energy, SVOLT, Envision AESC, and Sunwoda are likewise accelerating overseas factory construction. Among them, BYD’s vehicle plants in Brazil and Hungary are paired with battery pack assembly plants. EVE Energy’s Hungary plant is under construction and is expected to start production in 2027, focusing on 46‑series large cylindrical cells, initially supplying BMW’s “Neue Klasse” models and later covering other European automakers and the energy‑storage market. Sunwoda’s Hungary plant is expected to start production in the second half of 2026. As for SVOLT’s Thailand plant, and Gotion High‑Tech’s Germany and Thailand plants, they have already started production. Envision AESC’s France plant began production in June this year, and its second U.K. plant, as well as plants in Spain and Hungary, are under construction. Overall, the overseas deployment of Chinese power battery companies has shifted from “staking claims” to “intensive cultivation.” Through supply‑chain coordination, technological innovation, and localized operations, they are gradually building global competitiveness. Compared with Chinese companies, Korea’s three major battery manufacturers began their European deployments earlier, but they urgently need to cope with intensifying competition as local OEM supply chains diversify. In the United States, leveraging the Inflation Reduction Act passed in 2022, Korean battery manufacturers have built multiple battery plants jointly with GM, Ford, Stellantis, and other OEMs, some of which have already gone into production. Panasonic’s battery factories are mainly located in North America and Japan. It is worth noting that changes in U.S. policy are affecting the layouts of Korean and Japanese companies. SNE Research pointed out that after the passage of the U.S. “Big and Beautiful” Act, the previously generous clean‑energy tax credits under the Inflation Reduction Act were substantially curtailed, and the “Foreign Entity of Concern (FEOC)” rule was introduced, restricting the eligibility of batteries and raw materials linked to certain countries (particularly China) to receive tax credits. This has had far‑reaching ripple effects on the EV and battery industries. In response, Korean battery manufacturers are adopting medium‑ to long‑term strategies such as increasing local production capacity in North America, reducing reliance on Chinese raw materials, and strengthening localization of their supply chains. Panasonic is likewise striving to reduce its dependence on Chinese raw materials, increase local procurement, and seek new sources to enhance the stability of battery production. In addition, the United States will end its long‑standing EV subsidy policy at the end of September, and the EV market is expected to be affected. Combined with the fact that the U.S. EV market has underperformed previous expectations, some manufacturers have adjusted their U.S. battery investment projects. For example, Japanese media reported not long ago that due to uncertain market prospects, Panasonic has decided to postpone the timetable for full‑capacity production at its newly built U.S. battery plant; Envision AESC has also put its South Carolina battery plant project on hold; and CATL’s battery project with Ford in Michigan faces a risk of suspension. This reflects companies’ cautious attitudes toward market prospects. Expanding the Energy‑Storage BusinessBuilding a Second Growth Curve It is noteworthy that for mainstream battery manufacturers, competition in the EV market is becoming increasingly fierce. As global EV sales growth slows, power‑battery businesses have been affected to some extent, and the urgency of expanding into new businesses is becoming more pronounced. In this context, energy storage has become the second growth curve for many battery manufacturers, and its contribution to revenue is gradually increasing. Take SVOLT as an example: through large orders from Stellantis and BMW MINI, it has achieved large‑scale overseas deliveries and accumulated extensive experience in going global, while also accelerating cooperation with multiple overseas automakers and in energy storage and other fields. In the energy‑storage segment, SVOLT’s products have entered more than 30 countries, with over 200 cumulative projects. In just the first half of this year, SVOLT received more than 4 GWh of energy‑storage battery orders, over 50% of which were for export. The company plans to rapidly increase the share of overseas deliveries, with energy‑storage battery shipments expected to reach 5 GWh in 2025 and 8 GWh in 2026. CATL is following a similar path. Financials show that in the first half of this year, CATL’s energy‑storage battery systems revenue was 28.4 billion yuan, down 1.47% year‑on‑year; gross margin was 25.52%, up 1.11 percentage points year‑on‑year. It can be seen that CATL’s energy‑storage revenue slowed compared with last year but remained at a high level, accounting for about 16% of the company’s total revenue, with profitability steadily strengthening—already an important growth pole for the company. In May this year at the Intersolar Europe battery‑storage exhibition in Munich, CATL released the 9 MWh ultra‑large‑capacity energy‑storage system solution TENER Stack. In June, at its “Energy Storage 587 Technology Day,” CATL announced that its 587 Ah large‑capacity energy‑storage cell had officially entered mass production and delivery. CATL pointed out that, driven by countries’ clean‑energy transition goals—and as the proportions of wind and solar installations rise, the flexibility requirements of power systems increase, energy‑storage technology advances, and system costs decline—market demand for energy‑storage batteries continues to grow rapidly. EVE Energy, which is seeking a Hong Kong listing, stated clearly in its prospectus that the funds to be raised will be primarily invested in a 30 GWh power‑battery plant in Hungary and a 38 GWh energy‑storage battery project in Malaysia, accelerating its global capacity layout. Reportedly, the Malaysia energy‑storage project is positioned as a “multi‑scenario lithium‑battery production base that covers Asia and radiates to the world.” EVE Energy stated that capacity expansion will help it better capture the rapid growth opportunities in the global energy‑storage battery market and further consolidate its market position. Korean and Japanese manufacturers naturally do not want to miss the take‑off of the global energy‑storage market, especially in North America. In May this year, LG Energy Solution’s first energy‑storage battery plant in Michigan, USA, went into production, with a planned capacity of 16.5 GWh. The company plans to increase its North American energy‑storage battery capacity to 30 GWh by the end of 2026. Samsung SDI plans to convert part of its North American power‑battery lines to energy‑storage battery production to improve line utilization. Around the supply of LFP materials for the North American market, SK On recently signed a memorandum of understanding with Korean battery‑materials manufacturer L&F, hoping to accelerate entry into North America’s fast‑growing energy‑storage field. Panasonic also recently stated that in April–June this year, operating profit in its energy segment (which houses its battery business) increased 47% year‑on‑year to 31.9 billion yen. Panasonic noted that, driven by the AI investment boom, demand for energy‑storage systems for data centers “exceeded expectations,” bringing the company new growth opportunities.Declaration: This article comes from China Automotive News.If copyright issues are involved, please contact us to delete.
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Focusing on New Energy and Globalization: Three Major State-Owned Auto Enterprises Set Clear Development Goals
As the global automotive industry undergoes rapid transformation, China's automotive sector is at a critical juncture of upgrading and transformation.Recently, three major Chinese state-owned automotive enterprises—China FAW Group Corporation (FAW), Dongfeng Motor Corporation, and China Changan Automobile Group—have each outlined their development goals in an effort to gain an edge and stand out amid fierce global competition.According to Zhang Xiang, a guest professor at Huanghe Science and Technology College, the official announcements of these development goals not only demonstrate the firms’ strong confidence in their growth trajectories but also reflect their sense of responsibility and commitment as China’s “national team” in the automotive industry.Specifically, at a media briefing held by China Changan on July 30, Chairman and Party Secretary Zhu Huarong stated that the company’s strategic goal is to build a world-class automobile group with global competitiveness and independent core technologies. Over the next five years, China Changan plans to launch over 50 new energy vehicle (NEV) models globally, including more than seven high-volume global models (each exceeding 300,000 units), and build a comprehensive NEV brand matrix under Avatr, Deepal, and Changan. In the next decade, Changan will invest approximately RMB 200 billion in the new energy sector, adding a 10,000-person tech innovation team to drive technology exploration and product commercialization. “By 2030, Changan aims to achieve 5 million units in vehicle production and sales, with NEVs accounting for over 60%, and overseas sales making up more than 30%. The company also strives to rank among the world’s top ten auto brands,” Zhu said.On July 31, FAW held a party congress where Chairman and Party Secretary Qiu Xiandong announced that over the next five years, FAW will adhere to a single strategic positioning. The plan is to complete key adjustment tasks within about three years and lay a solid foundation for transformation within two more years. By 2030, FAW aims to achieve six key goals: total vehicle sales to exceed 5 million units, including more than 3 million intelligent connected NEVs; over 2 million in self-owned brand sales; over 1.5 million intelligent connected NEVs under self-owned brands; and over 700,000 units sold in overseas markets. Additionally, the average income growth of employees is expected to surpass the central SOE average, achieving mutual success in enterprise development and employee well-being.On August 1, Dongfeng’s newly established Yi Pai Technology held a strategic press conference. Chairman Yang Qing stated that Dongfeng will continue to balance passenger and commercial vehicles, coordinate self-owned and joint ventures, and accelerate the development of its NEV business. Building on the goal of 1 million self-owned NEVs, the company is now pushing toward 3 million NEVs, aiming to restore overall sales to 4 million units and strive for even greater achievements.“The strategic goals in key areas such as NEVs and globalization set by the three major state-owned auto enterprises are not isolated strategies, but deeply aligned with the national top-level design for automotive industry transformation,” said Lin Shi, Secretary General of the Intelligent and Connected Vehicles Branch of the China-Europe Association for Technical and Economic Cooperation.Starting in 2024, the State-owned Assets Supervision and Administration Commission (SASAC) of the State Council will separately assess the NEV businesses of the three auto SOEs. This policy change moves away from traditional profit-based evaluations and incorporates key indicators such as market share and technological innovation, providing crucial institutional support and growth momentum for the realization of these ambitious goals. It encourages bold innovation and active exploration.Zhang Xiang added that against the backdrop of the global shift toward new energy and intelligent mobility, China’s three major auto SOEs—with their strong technological capabilities, complete industrial layouts, and robust market influence—are leading the high-quality development of China’s automotive industry. They are helping China transition from an automotive powerhouse to an automotive superpower. With their demonstration effect, China’s automotive industry is set to shine brighter on the international stage, contributing more Chinese wisdom and solutions to the global auto industry.Declaration: This article comes from Securities Daily.If copyright issues are involved, please contact us to delete.
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1776 Exhibitors Revealed! Sneak Peek into CAPAFAIR 2025!
From August 13 to 15, the leading autumn event for the automotive parts and aftermarket industry—CAPAFAIR 2025 (China International Auto Parts & Aftermarket Fair) will take place at the Ningbo International Convention & Exhibition Center.This year's edition will occupy all 8 halls (Hall 1–8) of the venue, covering a total area of 51,650 sqm, with 2,250 booths and 1,710 exhibitors confirmed.Exhibitors come from 21 provinces and regions across China—including Zhejiang, Hebei, Jiangsu, Shandong, Guangdong, and Hong Kong SAR—as well as international participants from countries such as the United States and Malaysia.The exhibits span six major sectors:Auto Parts & Components, Automotive Electronics & Electrics, Accessories & Customizing, Digitalization & Intelligent Systems, Repair, Inspection & Maintenance, and Processing Technology & Equipment—covering the entire automotive industry supply chain. With less than 15 days to go until the grand opening, the full list of 1,710 exhibitors has been officially released!You can now browse the exhibitor directory with one click to discover your preferred brands and products in advance—and secure quality suppliers ahead of time.List of exhibitors of CAPAFAIR Ningbo 2025.pdfList of exhibitorsAbove are the exhibitors of this hall.Above are the exhibitors of this hall.Above are the exhibitors of this hall.Above are the exhibitors of this hall.Above are the exhibitors of this hall.Above are the exhibitors of this hall.Above are the exhibitors of this hall.The CAPAFAIR online platform features online exhibitor directory, browse exhibits, bookmark exhibitors and send appointments for visits. Click on the link capafair.com/company or copy the URL to your browser.
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CAPAFAIR Auto Parts Online Platform: Bridging the Gap Between Exhibitors and Buyers
Still struggling with time zone differences? Want to lock in top suppliers in advance but held back by distance? CAPAFAIR Ningbo 2025, the China Ningbo International Auto Parts & Aftermarket Fair has already prepared the perfect solution—the CAPAFAIR Auto Parts Online Platform (capafair.com), enabling global auto parts professionals to connect efficiently anytime, anywhere, transcending time and space.As an innovative digital extension of the exhibition, this platform is far more than just a “virtual booth.” It combines exhibition, trade, information, and social interaction in one. With over 2,000 exhibitors, it brings a massive collection of products and supplier data online, directly matching them with global purchasing demands.No matter where you are or what time zone you're in, you can “visit the show” in advance with just a click. From product specifications and company qualifications to production capacity and key clients, exhibitor information is clear and transparent—helping you identify ideal partners and prepare thoroughly for your in-person visit.For global buyers, the platform’s intelligent search is a true “sourcing tool.” Just enter keywords like “aluminum alloy wheels” or “oil-filled ignition coils” to instantly find dozens or even hundreds of relevant exhibitors and products—saving significant time compared to walking the show floor.Once you've found a promising supplier, you can initiate communication directly online. You can also use the “Visit Request” feature to notify exhibitors in advance of your visiting time and group size—allowing for better planning and more efficient face-to-face meetings at the show.Even more convenient, the platform features a built-in “smart matchmaking” system. When buyers post purchasing needs, the system automatically recommends the most suitable exhibitors, enabling highly efficient, customized one-on-one matching—turning potential opportunities into real business and maximizing commercial value.What’s more, this platform isn’t just a temporary tool during the show. Even after the 3-day exhibition concludes, capafair.com continues to operate year-round. For 365 days, you can follow up on leads, explore new opportunities, and stay informed on the latest industry news—including global market trends, category insights, and policy updates—making the platform a long-term tool for global market expansion.This summer, the online matchmaking channel of the Ningbo Auto Parts Expo is open for you. From August 13–15 at the Ningbo International Convention & Exhibition Center, let’s connect online and offline to create meaningful business journeys together.
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Chinese Auto Parts Suppliers Lead Global Shift Toward Intelligent Transformation
Amid the accelerating global shift toward automotive intelligence, Chinese auto parts suppliers are demonstrating remarkable innovation capabilities. From providing critical components to co-developing next-generation intelligent driving systems, leading domestic smart vehicle tech companies are strengthening their global competitiveness through deep collaboration with international automotive brands.In recent months, numerous partnerships between domestic and international automakers and tech firms have come to fruition. This month, BMW Group announced a partnership with Chinese autonomous driving company Momenta to jointly develop AI large-model-based driver assistance software. Tailored for the Chinese market, this system will offer full-scenario, point-to-point assisted driving features, eventually enabling intercity travel from parking spot departure to destination parking.Similarly, in April, German automotive technology giant Bosch announced a major collaboration with Beijing Horizon Robotics. The two will co-develop next-generation multi-functional camera systems based on the Journey 6B chip and upgrade driver assistance systems using the Journey 6E/M chips. Christoph Hartung, President of Bosch’s Intelligent Driving and Control Systems, stated: “China has become a global hub for automotive intelligence innovation.” His remarks aptly reflect China’s growing influence in the smart automotive sector.This wave of collaboration continues to gain momentum. Dongfeng Nissan previously announced an expansion of its strategic partnership with Momenta to develop advanced autonomous driving solutions based on large-scale AI models. ECARX has also signed an agreement with Volkswagen Group to provide smart cockpit solutions for both the Volkswagen and Škoda brands.“These partnerships signal an important trend,” noted Zhang Yongwei, Vice Chairman and Secretary-General of the China EV100. “China is transitioning from being merely a consumer market to becoming a global center for technological innovation and supply chain development.” He emphasized that multinational automakers need to reassess their China strategies and deepen cooperation with Chinese suppliers.This transformation is especially evident in the auto parts sector. Zhang Haizhou, Chief Brand Officer at DaoYuan Technology, stated: “It’s becoming increasingly common for Chinese suppliers to co-develop intelligent driving systems with foreign automakers.” He noted that the company has moved beyond its traditional supplier role, establishing partnerships with over 30 globally renowned carmakers and delivering more than 3 million sets of positioning sensor systems. DaoYuan Technology employees at work in the workshop. / Courtesy photoIn the chip sector, collaborative innovation is also thriving. Chen Shujie, Vice President of SemiDrive Technology, explained: “Joint development requires a deep understanding of automotive electronic architecture and close cooperation with OEMs.” Currently, SemiDrive has established joint labs with SAIC Volkswagen and other automakers to co-develop intelligent vehicle hardware-software platforms. Automotive chip products on display by SemiDrive Technology / Courtesy photoWu Songquan, Senior Chief Expert at the China Automotive Technology and Research Center, noted that the automotive industry is undergoing a profound transformation in its supply chain due to the “New Four Modernizations” (electrification, intelligence, connectivity, and sharing). “The traditional linear supply chain is evolving into a networked ecosystem, and OEMs must shift from being supply chain leaders to ecosystem coordinators.”He further emphasized that with increasing reliance on key supplier technologies, OEMs must establish symbiotic relationships with suppliers, characterized by deep joint R&D and shared risk. “Competition in supply chains is transitioning to competition in ecosystem capabilities. As a result, OEMs must act as coordinators and co-builders of the ecosystem. Deep collaboration and co-development between OEMs and parts suppliers have become inevitable.”Furthermore, as China’s smart automotive supply chain becomes increasingly robust and stable, international automakers are recognizing the value of Chinese partnerships. “For global brands, shipment volume is a key factor in selecting partners because it reflects product reliability and stability,” Zhang Haizhou explained. He highlighted that the widespread application of assisted driving technologies in the Chinese market offers valuable opportunities for testing, validation, and mass production, thereby accelerating product maturity.Declaration: This article comes from China Daily. If copyright issues are involved, please contact us to delete.
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Empowering Global Expansion: Cross-Border E-Commerce Ignites CAPAFAIR Ningbo 2025
Cross-border e-commerce is a “digital bridge” that swiftly connects producers and consumers worldwide and represents a significant trend in the development of global trade. According to preliminary data from China Customs, China’s cross-border e-commerce imports and exports reached approximately 1.32 trillion yuan in the first half of the year, up 5.7% year-on-year. Exports accounted for about 1.03 trillion yuan, an increase of 4.7%, while imports stood at 291.1 billion yuan, rising 9.3%.Amid this booming trend, Ningbo—one of China’s first cross-border e-commerce pilot cities—has demonstrated strong industrial momentum. In 2024, Ningbo's cross-border e-commerce exports surpassed 47 billion yuan, up 18.4%, and imports exceeded 30 billion yuan, ranking among the top three nationwide. With over 20,000 cross-border e-commerce enterprises clustered in the Ningbo Comprehensive Pilot Zone, a complete ecosystem has been built—from supply chains to overseas warehouses—forming a nationally recognized e-commerce industry cluster.This fertile ground for e-commerce is now nurturing unique industrial opportunities. From August 13 to 15,CHINA NINGBO INTERNATIONAL AUTO PARTS & AFTERMARKET FAIR 2025 (CAPAFAIR Ningbo 2025) will be held at the Ningbo International Convention and Exhibition Center, becoming a key platform for auto parts companies to deeply connect with the e-commerce ecosystem.At the expo, major global platforms such as eBay, AliExpress, and Made-in-China.com will set up dedicated booths to showcase the online transaction landscape for automotive parts. Behind these platforms stand thousands of local Ningbo service providers—from financial institutions offering cross-border payment solutions to logistics companies specializing in overseas warehousing, and multilingual operation teams—forming a complete and efficient e-commerce support network.For auto parts companies, this is an opportunity to meet top e-commerce sellers with annual sales in the millions, connect with incubators for emerging brands, explore joint overseas ventures, or find ideal partners for operations and distribution.A series of cross-border e-commerce forums will also be held during the expo, including eBay’s “eBay Auto and Motorcycle Parts Global Market Investment Conference” , AliExpress’s “Introduction to AliExpress Model & Hot-selling Auto Parts Specifications,” Made-in-China.com’s “Auto Parts Industry Arrange from Zero, Cross-border E-commerce Practical Forum,” and Walmart’s “Walmart Auto Parts Category Business Opportunities Exploration.” These forums will provide practical insights on global market trends, platform operations, and compliance essentials, helping businesses better leverage e-commerce channels to expand overseas.The rise of cross-border e-commerce has empowered automotive parts manufacturers with strong production capabilities to directly engage global consumers. As a vital component of Ningbo's e-commerce industry, over 20,000 cross-border e-commerce enterprises in the city's pilot zone will actively participate in the expo as buyers. These include professional teams focused on the auto parts vertical and full-category trading service providers—bringing with them not only massive purchasing demand, but also mature overseas channel resources and digital operation expertise.Whether you're looking for high-quality suppliers, competitive products, technical showcases, or global expansion opportunities, CAPAFAIR Ningbo 2025 is not to be missed. With the support of this exhibition, more “Made in Ningbo” and “Smart Made in China” auto parts will cross the digital bridge of e-commerce and step onto the global stage.
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Surge in Downstream Orders Fuels Positive Earnings Forecasts for Many Auto Parts Companies in H1
According to statistics from iFind by Tonghuashun, as of July 21, 59 A-share listed auto parts companies have released semi-annual earnings forecasts (classified under Shenwan Industry Classification). Of these, 38 issued positive outlooks, including 27 forecasting increased profits, 6 with slight increases, and 5 turning losses into gains. In contrast, 21 companies are projecting decreased profits or losses. Overall, the auto parts sector is showing a clear polarization in H1 performance expectations.Zhang Xiang, Secretary-General of the International Intelligent Transport Technology Association, told reporters, “Auto parts companies with strong brands and leading technologies tend to be more profitable, while those trapped in product homogeneity are facing significant operational challenges.”Based on the upper limit of projected net profit growth, 20 of the 59 companies expect year-on-year increases of more than 100%. Many companies with strong H1 performances attribute their growth to the continued expansion of orders, driven by sustained momentum in the new energy vehicle (NEV) market.For example, Xiangyang Changyuandonggu Industry Co., Ltd. forecasts net profit attributable to shareholders of RMB 155 million to RMB 180 million for the first half of the year, representing a year-on-year increase of 62.65% to 88.88%. The company stated that during the reporting period, demand from major commercial vehicle clients remained stable and positive, while the NEV market grew rapidly. Sales of hybrid engine cylinder blocks and heads increased steadily year-on-year, contributing to both revenue and profit growth.Jiangsu Bojun Industrial Technology Co., Ltd. projects H1 net profit attributable to shareholders of RMB 341 million to RMB 387 million, up 47% to 67% year-on-year. The company reported ample orders and steady revenue growth during the reporting period. It also benefited from the booming NEV sector, with rapid growth in hybrid and pure electric vehicles driving demand for its modular NEV body components.A review of announcements reveals that key drivers of rising order volumes include optimized product portfolios, improved technical capabilities, and expansion into overseas markets.Zhang Xiaorong, Director of the Institute of Deep Technology, noted that the automotive industry is moving toward electrification, intelligence, and lightweight design. This trend will push auto parts companies to focus on three key areas: high-precision electric motor control systems, integrated smart driving sensors and algorithms, and applications of new materials such as carbon fiber.However, some companies are under performance pressure due to intensifying competition in the auto industry and ongoing “price wars.”Zhang Xiaorong remarked, “The performance divergence among auto parts companies is an inevitable outcome of the rapid rise of NEVs. As NEV penetration increases, the demand across the parts supply chain surges. Companies with leading technologies and partnerships with top-tier automakers are the first to benefit. In contrast, those tied to the shrinking internal combustion engine market are seeing order declines.”He added that the polarization within the auto parts industry will likely intensify, with technological iteration capabilities and market responsiveness becoming critical differentiation.For companies facing performance pressure, Zhang suggests accelerating transformation efforts, optimizing product structures, and transitioning more aggressively toward the NEV sector. Simultaneously, they should focus on reducing costs and improving efficiency, enhancing gross margins through process improvements. Expanding their international client base and leveraging domestic supply chain advantages to participate in global competition are also key strategies.Declaration: This article comes from Securities Daily. If copyright issues are involved, please contact us to delete.
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China Association of Automobile Manufacturers (CAAM): Resolutely Oppose EU's High Tariffs on Chinese Electric Vehicles
The China Association of Automobile Manufacturers (CAAM) expressed concern that the European Union's high countervailing duties on Chinese electric vehicles pose significant risks and uncertainties for Chinese companies operating and investing in Europe. They argue this will damage confidence and negatively impact the EU's automotive industry, local employment, and green development. CAAM urges the EU to prioritize dialogue and cooperation to ensure a fair, non-discriminatory market environment and safeguard the global automotive supply chain.
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ASE Leadership To Participate In Panel Discussion At CARS
Scheduled for Nov. 1 at Mandalay Bay Resort &amp; Casino in Las Vegas, the 2021 CARS event is a one-day live industry seminar designed specifically for mechanical repair shop owners and their managers.<!--[if gte mso 9]> <![endif]-->ASE and the ASE Education Foundation will participate in a panel discussion during the upcoming Automotive Service Association (ASA) Congress of Automotive Repair and Service (CARS) symposium.Scheduled for Nov. 1 at Mandalay Bay Resort &amp; Casino in Las Vegas, the 2021 CARS event is a one-day live industry seminar designed specifically for mechanical repair shop owners and their managers. Trish Serratore, senior vice president of communications for ASE, and George Arrants, vice president of ASE Education Foundation, will be part of a panel entitled “Finding and Keeping Tomorrow’s Talent-Putting Flexibility in Inflexible Structures.”
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eBay Launches 'Guaranteed Fit' Purchase Protection Program
Shoppers can now look for the green "Fits" compatibility checkmark on select parts and accessories listings. eBay Motors announced the launch of eBay Guaranteed Fit, a program it says gives users even more confidence when buying and selling on the marketplace. Shoppers can now look for the green ‘Fits’ compatibility checkmark on select parts and accessories listings to gauge whether the part will fit their vehicle.
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Small Animals Can Cause Big Problems with Cars
Critters can inflict serious punishment on your customers’ vehicles. By Thomas Dayton June 13, 2023 You may be familiar with “Just Rolled In,” a YouTube channel highlighting some of the most terribly maintained and unsafe vehicles brought into shops across the country, along with strange “customer states … ” complaints that must be seen to be believed. While the worst damage is due to lack of maintenance and misguided DIY repairs, sometimes there’s no one to blame but Mother Nature. Animals of all varieties can inflict serious punishment on your customers’ vehicles. Collisions with deer cost insurance companies more than $1 billion annually, the result of roughly 1.5 million accidents. Of these, nearly 200 people are killed each year, and (presumably) a much larger number of deer! West Virginians have a one in 37 chance of being involved in a deer-related accident, the best (worst?) odds of hitting the Bambi lottery in the continental United States.
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Standard Motor Products Launches New Corporate Website
“This new site has been designed to improve the user experience of all stakeholders, providing transparency into the company while showcasing SMP’s history as a leading manufacturer of automotive components,” SMP said in a news release. A redesigned homepage includes concise information on SMP’s markets, brands and sustainability efforts, as well as the company’s latest news, earnings and featured reports.
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Registration Open for Heavy-Duty Leadership 2.0
The series will be held July 16-20 at Delta Hotels by Marriott in Farmington Hills, Michigan. The University of Aftermarket, through Northwood University, is accepting registration for this year’s Heavy-Duty Leadership 2.0 series. “Heavy-Duty Executive Development Series is a cornerstone in the industry’s efforts to foster the development of a new generation of visionary executives who will help drive the heavy-duty aftermarket to new heights of excellence in leadership and performance,” said Thomas Litzinger, executive director of the University of the Aftermarket, and associate professor for Northwood University.
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Advance Foundation Gifts $300K to Broward College
The Advance Auto Parts Foundation’s gift will fund $5,000 scholarships for 10 automotive students over the next two years. Advance Auto Parts Foundation, the philanthropic arm of Advance Auto Parts, announced a $300,000 gift to Broward College aimed at increasing participation in the school’s automotive technology program, as well as providing needed tools and equipment to support student learning. The Advance Auto Parts Foundation gift also will support a dedicated, part-time recruiter at Broward College to help build enrollment for automotive technology programs and the purchase of general-use vehicles, equipment and supplies needed to support student studies.
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Automakers Launch New Non-Saleable Parts/Airbag Lookup Tool
<!--[if gte mso 9]> <![endif]-->The Alliance for Automotive Innovation announced support for a new automaker-driven tool enabling anyone who handles aftermarket parts, businesses and associations to help identify recalled Takata airbags and work with dealers, and others, to identify and safely dispose of parts that cannot be re-sold under federal law.&nbsp;&nbsp;The Website, FreePartCheck. com&nbsp;will be especially important as automakers continue working to prevent recalled and non-saleable airbags and components subject to the Takata recall from appearing in inventory at salvage yards or recycling facilities.“Our members are committed to working to keep customers safe,” said Alliance for Automotive Innovation President and CEO John Bozzella. “This tool is designed to help prevent the purchase or resale of recalled Takata airbags and component parts that cannot legally be re-sold.”<!--[if gte mso 9]> <![endif]-->“The efforts of automakers, including the creation of this new tool, help make it easier than ever to identify parts that need to be replaced.&nbsp; This, in turn, promotes the safety of our roadways,” added Bozzella.
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BBB Named One Of The Best Companies To Work For In Alabama
Business Alabama Magazine recognized BBB at a Dec. 1 awards ceremony in Birmingham. Counterman Staff&nbsp;By Counterman Staff December 8, 2022.Business Alabama Magazine recently named BBB Industries one of the Best Companies to Work for in Alabama.The magazine recognized BBB at a Dec. 1 awards ceremony in Birmingham.&nbsp;“With 75% of the selection criteria being focused on employee feedback and the employee experience, it makes us particularly proud to be named one of the Best Companies to Work for in Alabama,” BBB CEO Duncan Gillis said.&nbsp;“Our company and our culture are special, and we are honored to receive this recognition.”
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ASE Announces 2022 Award Winners
“We had a tremendous group of nominees, and they all were deserving of this recognition,” ASE CEO Tim Zilke said.The National Institute for Automotive Service Excellence (ASE) has announced its award winners for 2022.“We want to congratulate all of the award winners and wish them continued success in their respective careers,” said Tim Zilke, ASE president and CEO. “We had a tremendous group of nominees, and they all were deserving of this recognition.”
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