What's New
China’s EV carmaker Nio jumps 4% after reporting narrower-than-expected losses
2023-12-07 09:51:49
CAPAFAIR 2024 welcomes major benefits in inviting overseas buyers as visa-free travel to China is further expanded and opening up is deeper!
2023-12-07 09:39:01
BMW and Mercedes-Benz have signed an agreement to establish a joint venture to operate a supercharging network in China
2023-12-01 14:42:14
China's auto exports to become world's largest this year New energy vehicles continue to dominate growth
2023-11-24 17:00:19
The list of "China's top 100 cities in foreign trade" was released and Ningbo was ranked as the fourth city in the country's foreign trade
2023-11-24 16:56:17
Ningbo Port to expand opening, including three port areas: Pingshan, Xiangshan Port and Shipu
2023-11-10 16:04:09
Nissan CEO weighs in on how the EV market has changed since Covid
2023-11-07 11:10:13
China Energy: new hydrogen production product, officially launched!
2023-10-31 16:51:55
CAPAFAIR 2024 is now fully open, and 40% of the booths have been sold!
2023-10-26 15:54:05
China National Development and Reform Commission and other departments: promote the integration and development of the oil refining industry and renewable energy, and encourage enterprises to vigorously develop renewable energy for hydrogen production
2023-10-26 15:20:16
Global demand for oil, coal and gas set to peak by 2030, energy agency IEA says
2023-10-26 15:06:43
China Automotive Aftermarket Chain Enterprises TOP50 Released in 2022
2023-10-20 14:39:27
China's car sales quicken in September; exports rise 50%
2023-10-17 16:57:45
Xpeng suspends supply chain boss for corruption probe
2023-10-17 16:29:20
Refreshed and upgraded! Automotive Supplies & Modifications Special Presentation!
2023-10-17 11:00:22
Notice
China’s EV carmaker Nio jumps 4% after reporting narrower-than-expected losses
Nio shares rose on Tuesday, after the company reported narrower-than-expected losses. Investors are focusing on the Chinese electric carmaker’s ability to be more disciplined in its spending, as it charts a path to profitability. This year, China’s EV market has been the stage of a price war sparked by Tesla, which has forced carmakers to slash vehicle prices and put pressure on margins.
autoparts
CAPAFAIR 2024 welcomes major benefits in inviting overseas buyers as visa-free travel to China is further expanded and opening up is deeper!
According to China's Ministry of Foreign Affairs, in order to further promote the exchange of people between China and foreign countries, and to serve high-quality development and high-level opening up to the outside world, China has decided to expand the scope of unilateral visa-free countries on a trial basis, and to implement the unilateral visa-free policy for holders of ordinary passports from six countries, namely, France, Germany, Italy, the Netherlands, Spain, and Malaysia, on a trial basis.
autoparts
BMW and Mercedes-Benz have signed an agreement to establish a joint venture to operate a supercharging network in China
On November 30, BMW Brilliance Automotive Co., Ltd. and Mercedes-Benz (China) Investment Co., Ltd. announced the signing of a cooperation agreement to establish a joint venture in China with a 50:50 share ratio to operate a supercharging network in the Chinese market, and jointly meet the growing demand for luxury charging services among Chinese customers.
autoparts
China's auto exports to become world's largest this year New energy vehicles continue to dominate growth
"In the first quarter, China's auto exports 1.07 million units, for the first time beyond Japan to become the world's top auto exporter; in the first 10 months of this year, the volume of auto exports was 3.922 million units, a year-on-year increase of 59.7 per cent, and the annual volume of exports to become the world's first has become a foregone conclusion." Wang Man, president of the China Council for the Promotion of International Trade's Automotive Industry Committee and president of the China International Chamber of Commerce's Automotive Industry Chamber of Commerce, said at a conference on the development of Guangzhou's automotive industry held on 16 November.
autoparts
The list of "China's top 100 cities in foreign trade" was released and Ningbo was ranked as the fourth city in the country's foreign trade
Ningbo Customs was informed that the General Administration of Customs "China Customs" magazine released the 2022 "China's top 100 cities in foreign trade" list, Ningbo City, with a comprehensive score of 81.99 points ranked fourth in the country, and continue to rank first in Zhejiang. This is the best result achieved by Ningbo since the establishment of the statistics. The top three cities were Shenzhen (88.57 points), Shanghai (86.67 points) and Suzhou (82.50 points).
autoparts
Ningbo Port to expand opening, including three port areas: Pingshan, Xiangshan Port and Shipu
From the Ningbo Port Office was informed that a few days ago, the State Council (PRC) approved the People's Government of Zhejiang Province, agreed to expand the opening up of the port of Ningbo, expanding through the mountain, Xiangshan Port and Shipu three port areas open area of 58.13 square kilometres.
autoparts
Nissan CEO weighs in on how the EV market has changed since Covid
A lot has changed for the EV market since Covid, Nissan CEO Makoto Uchida said. “The market has been fragmented, and customers’ acceptance speed is also different,” he told CNBC. Nissan’s global scale will give it an advantage as it works to lower the costs of EV components, Uchida added.
autoparts
China Energy: new hydrogen production product, officially launched!
Recently, CECC Beijing Equipment Company held a forum on hydrogen energy equipment development and a new product conference, announcing that the 1,500-square-foot alkaline electrolyser, which was independently researched, developed, designed and manufactured by CECC, was officially rolled out of the production line, marking the fact that CECC has comprehensively mastered the technology of core equipment development in the field of hydrogen production, and possesses the strength of developing high-power alkaline electrolyser and complete sets of equipment for hydrogen production system.The electrolyser is designed to produce 1500 standard cubic metres of hydrogen per hour. Under the rated working condition, the DC energy consumption is 4.3 kWh per standard square of hydrogen, and the maximum hydrogen production can reach 2,000 standard cubic metres per hour, which has the features of safety, reliability, high power, low power consumption and high dynamic response, and a single product is expected to save 800,000 kWh of energy per year.The 1,500-square-meter alkaline electrolyser is another important achievement following the completion of the first 8 MW alkaline electrolytic water-to-hydrogen generation unit steady transient test platform jointly constructed by Beijing Equipment Corporation, Tsinghua University and Tsinghua Sichuan Energy Internet Research Institute on 27th September. China Energy Construction Beijing Equipment Corporation will continue to promote the deep integration of production, learning and research through school-enterprise alliance, actively carry out hydrogen energy core technology research, continue to promote the development of safe, reliable, flexible and efficient hydrogen production system core equipment, and accelerate the development of hydrogen energy industry of China Energy Construction.Note: This article is reproduced from China Energy Construction Beijing Equipment Corporation. Copyright belongs to China Energy Construction Beijing Equipment Corporation. If there is any infringement, please contact us to delete.
autoparts
CAPAFAIR 2024 is now fully open, and 40% of the booths have been sold!
With Ningbo's trillion yuan automotive industry cluster, port and foreign trade advantages, CAPAFAIR is becoming increasingly attractive to spare parts manufacturers. At press time, 613 companies from 15 provinces and municipalities, including Zhejiang, Hebei, Jiangsu, Shandong and Guangdong, have registered to exhibit at CAPAFAIR 2024, and 727 booths have been confirmed, accounting for 40% of the total number of booths.Wenzhou, Taizhou, Xingtai, Ningbo, Cangzhou, Liaocheng, Changzhou and other auto parts production bases are hot exhibiting cities.Media promotion covering the whole world has been launched online and offline simultaneously, including Google, Facebook, X (Twitter), tiktok, Baidu, Jitter, Headline, microblog, official website, official microblog, video number, high-speed railway station in Ningbo/Wenzhou, outdoor advertising in Ningbo/Yiwu/Wenzhou/Taizhou, etc., saving energy for CAPAFAIR 2024 one year in advance.From September, the organiser went to Xingtai, Yiwu, Zhengzhou, Guangzhou, Taiyuan, Wenzhou and other related exhibitions to promote CAPAFAIR Ningbo and invite buyers.As the No.1 auto parts exhibition in East China in autumn, CAPAFAIR 2024 is now hotly booked!
autoparts
China National Development and Reform Commission and other departments: promote the integration and development of the oil refining industry and renewable energy, and encourage enterprises to vigorously develop renewable energy for hydrogen production
On 25 October, the National Development and Reform Commission (NDRC), the National Energy Administration (NEA), the Ministry of Industry and Information Technology (MIIT), and the Ministry of Ecology and Environment (MOE) jointly issued the "Guiding Opinions on Promoting the Green, Innovative and High-Quality Development of the Oil Refining Industry" (hereinafter referred to as the "Guiding Opinions"). The Guiding Opinions proposed that, by 2025, the domestic primary crude oil processing capacity would be controlled at less than 1 billion tonnes, the 10-million-tonne refining capacity would account for about 55 per cent, the capacity structure and productivity layout would be gradually optimized, the strength of technology and equipment would be further enhanced, and the efficiency in the use of energy and resources would be further improved, among other things.China's total refining capacity has reached 920 million tonnes per year, ranking first in the world, but the start-up rate is still a gap compared with developed countries. And the incremental output of China's major petrochemical products has become a major contributor to the petrochemical industry in Asia-Pacific and the world, accounting for a stable share of more than 40 per cent of the world's chemical market. China's production capacity and output of bulk basic chemicals steadily ranked first in the world.Fu Xiangsheng, vice president of the China Petroleum and Chemical Industry Federation, believes that in the development of the road from big to strong, the transformation of China's petrochemical industry is still facing multiple challenges: one is the resource constraints bottlenecks are tightening, 2022 China's dependence on foreign crude oil for 71.2%, to the first half of 2023 to increase to more than 72%; another is the lack of strong innovation capacity.The Guidance focuses on the deployment of four aspects of the 17 tasks: in promoting industrial optimisation and upgrading, the deployment of optimising the structural layout of production capacity, strict control of new refining capacity, promote refinery renovation and upgrading, accelerate the elimination of backward production capacity, and improve the management of the refining industry, five tasks; in promoting the efficient use of energy and resources, the deployment of strengthening the management of energy and water efficiency, promoting the optimisation of the system of energy, the implementation of the process of equipment upgrading, and encouraging the recycling of resources. 4 tasks; in accelerating green and low-carbon development, the deployment of guiding the refining process to reduce carbon emissions, promote carbon dioxide recycling, support hydrogen production and use of hydrogen to reduce carbon emissions, and explore the strengthening of carbon emissions management 4 tasks; in strengthening scientific and technological innovation and leadership, the deployment of optimisation of innovation systems and mechanisms, strengthen the application of software development, the development of new refining technologies, and accelerate the research and development of low-carbon technologies 4 tasks.The National Energy Board of energy conservation and science and technology equipment division responsible person said that the "guiding opinions" from the actual oil refining industry in China, the systematic deployment of the relevant work, will be a powerful guide to the oil refining industry to promote green innovation and high-quality development practice.Note: This article is reproduced from Shanghai Securities News. Copyright belongs to Shanghai Securities News. If there is any infringement, please contact us to delete.
autoparts
Discovery
Release
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.”
autoparts
1
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.
Cocoa
1
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.
Cocoa
1
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.
Cocoa
1
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.
Cocoa
1
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.
Cocoa
1
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.
autoparts
1
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.”
autoparts
1
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.”
autoparts
1
AutoZone Recognizes Contributions of Top Suppliers
AutoZone named BBB its 2023 Vendor of the Year AutoZone recognized 16 of its top suppliers at its June 7 Vendor Summit. The awards honor companies that provided exceptional performance and demonstrated a strong commitment to customer satisfaction during the past year. AutoZone named BBB its 2023 Vendor of the Year, the company’s most significant vendor recognition. A leading sustainable manufacturer of automotive aftermarket parts, BBB was recognized for its dedication to supporting major AutoZone initiatives to increase sales, reduce inventory and improve the customer experience.
Cocoa
1