Classification: SUPPLIERS
CATL to supply battery modules to SPA2 and CMA platform models for Volvo Group in multi-billion-dollar deal [2019-05-17]

NINGDE, Fujian – Contemporary Amperex Technology Co., Ltd. (CATL), one of the largest lithium-ion battery suppliers in the world for electric vehicles, has signed a long-term agreement with Volvo Car Group for the global supply of battery modules for all models on the upcoming SPA2 and existing CMA modular vehicle platforms. The agreement, announced on May 15 jointly by the two partners, will cover next generation Volvo and Polestar models over the coming decade and is part of the multi-billion-dollar supply agreement the Swedish carmaker signed with CATL and LG Chem.

Precision Camshafts to shut Shanghai site [2019-05-14]

SHANGHAI – India’s leading auto ancillary firm Precision Camshafts Ltd. (PCL) has decided to exit the Chinese market.

ZF and Foton open joint transmission plant in China, advancing automation for commercial vehicles [2019-04-26]

JIAXING, Zhejiang – ZF and Foton opened their joint transmission plant in Jiaxing, Zhejiang Province on April 18.

Brembo opens new aluminium brake caliper production hub in Nanjing [2019-04-09]

NANJING – The Brembo Group inaugurated its new production facility here on April 3 for the manufacturing of aluminium brake calipers to supply to the plants belonging to its European, Asian and American customers operating in China.

ZF China revenues reach €6.2 billion in '18, expects China LCV output to fall 3.4 percent in '19 [2019-04-09]

FRIEDRICHSHAFEN, Germany – ZF Friedrichshafen AG achieved €6.2 billion in sales in China, up 5 percent from the €

RoboSense provides LiDAR to autonomous shuttle bus GACHA for all weather conditions [2019-03-21]

SHENZHEN – RoboSense, a leader in LiDAR perception technology solutions, announced on March 14 that it has provided cold-resistant all-weather LiDAR for GACHA, the world’

GKN Additive's first China customer center in Danyang aims to accelerate metal additive manufacturing [2019-03-18]

DANYANG, Jiangsu – GKN Additive, a leader in the metal additive manufacturing market providing solutions from powder to design concept to production, said in a statement on February 19 that it has opened the doors of its first customer center in China.

JIMU Intelligent completes $15 million Series B funding for L0-L3 autonomous driving solutions development [2019-03-18]

WUHAN – JIMU Intelligent, a leading Chinese intelligent driving solutions provider, said in a statement on March 1 that it had recently completed a Series B funding round and raised over $15 million.

Horizon Robotics receives $600 million investment in Series B Financing with valuation at $3 billion [2019-03-18]

BEIJING – Horizon Robotics, a leading edge artificial intelligence computing platform, announced on February 27 that it has received a Series B Financing of about $600 million at a valuation of $3 billion.

Cummins to invest ¥150 million to expand China tech center as engine maker celebrates centennial [2019-02-15]

BEIJING – Cummins has kicked off its centennial celebration with a simple message: “Challenge the Impossible.

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