Dongfeng Motor Corporation

Global and China Passenger Car T-Box Market Report 2022-2025 - Top 10 OEMs Command 64% Market Shares

Retrieved on: 
Thursday, July 28, 2022

DUBLIN, July 28, 2022 /PRNewswire/ -- The "Global and China Passenger Car T-Box Market Report, 2022" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • DUBLIN, July 28, 2022 /PRNewswire/ -- The "Global and China Passenger Car T-Box Market Report, 2022" report has been added to ResearchAndMarkets.com's offering.
  • Global and China Passenger Car T-Box Market Report 2022 summarizes and analyzes the T-Box installations and installation rates to passenger cars in China and the world, T-Box suppliers, T-Box development trends, and the App remote control function configuration of new models launched by OEMs.
  • By 2025, over 20 million passenger cars will be equipped with T-Box, and the installation rate will climb to 83.5%, and.
  • Viewed from the market structure, the top 10 T-Box suppliers in China held 64% market shares together in 2021, with LG, Lanyou Technology and Neusoft at the top.

Stellantis and Dongfeng Agree on a Share Repurchase Framework

Retrieved on: 
Friday, July 15, 2022

AMSTERDAM, July 15, 2022 Stellantis N.V. and Dongfeng Motor (Hong Kong) International Co., Limited, a subsidiary of Dongfeng Motor Group Company Limited (Dongfeng) have executed a heads of agreement (HOA) related to the 99.2 million common shares in Stellantis held by Dongfeng, representing 3.16% of Stellantis share capital.

Key Points: 
  • AMSTERDAM, July 15, 2022 Stellantis N.V. and Dongfeng Motor (Hong Kong) International Co., Limited, a subsidiary of Dongfeng Motor Group Company Limited (Dongfeng) have executed a heads of agreement (HOA) related to the 99.2 million common shares in Stellantis held by Dongfeng, representing 3.16% of Stellantis share capital.
  • Under the HoA, Dongfeng may from time to time submit an offer to sell to Stellantis, all or a portion of the Stellantis common shares held by Dongfeng.
  • Any purchase of Stellantis common shares by Stellantis from Dongfeng will be carried out under the authority granted by the general meeting of April 13, 2022, as possibly renewed or extended.
  • Stellantis will inform the market if it accepts an offer from Dongfeng and agrees to purchase the offered shares.

Toyoda Gosei Opens New Plant in Central China

Retrieved on: 
Friday, July 15, 2022

Toyoda Gosei Co., Ltd. (TOKYO:7282) Group company Hubei Toyoda Gosei Zheng Ao Rubber and Plastic Sealing Technology Co., Ltd. (TG Zheng Ao) held an opening ceremony on July 13 to celebrate its move to new and larger plant.

Key Points: 
  • Toyoda Gosei Co., Ltd. (TOKYO:7282) Group company Hubei Toyoda Gosei Zheng Ao Rubber and Plastic Sealing Technology Co., Ltd. (TG Zheng Ao) held an opening ceremony on July 13 to celebrate its move to new and larger plant.
  • View the full release here: https://www.businesswire.com/news/home/20220714005288/en/
    Toyoda Gosei President Toru Koyama, participating in the ceremony online, said With the establishment of this new plant we can meet our customers needs for production increases in central China.
  • TG Zheng Ao became a Toyoda Gosei Group affiliate when the Group invested in Hubei Rock*, an independent supplier of weatherstrips (automobile door and window sealing products) in Central China, in December 2018.
  • Hubei Toyoda Gosei Zheng Ao Rubber and Plastic Sealing Technology Co., Ltd.

China Automotive Voice Industry Report 2022: From IVI Software to ADAS, Voice-enabled Functions Continue to Evolve with iFLYTEK and Cerence Leading

Retrieved on: 
Thursday, June 16, 2022

DUBLIN, June 16, 2022 /PRNewswire/ -- The "China Automotive Voice Industry Report, 2021-2022" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • DUBLIN, June 16, 2022 /PRNewswire/ -- The "China Automotive Voice Industry Report, 2021-2022" report has been added to ResearchAndMarkets.com's offering.
  • From IVI software to ADAS, voice-enabled functions continue to evolve
    In terms of functionality, what is controlled by voice ranges from IVI software (music, navigation, etc.)
  • Cerence ARK is a turnkey automotive product that enables automakers to quickly develop, deploy and manage a fully localized automotive voice assistant.
  • At present, PATEO's Qing AI voice platform has been connected to the voice capabilities of Cerence, Baidu, AIspeech and iFlytek.

China Automotive Voice Industry Report, 2021-2022: The Boom of Self-research by OEMs will Promote Reform in the Supply Mode - ResearchAndMarkets.com

Retrieved on: 
Tuesday, June 14, 2022

In 2021, more than 5.5 million vehicles of Chinese automakers were outfitted with voice feature, a year-on-year spike of 40.4%.

Key Points: 
  • In 2021, more than 5.5 million vehicles of Chinese automakers were outfitted with voice feature, a year-on-year spike of 40.4%.
  • Cerence ARK is a turnkey automotive product that enables automakers to quickly develop, deploy and manage a fully localized automotive voice assistant.
  • At present, PATEO's Qing AI voice platform has been connected to the voice capabilities of Cerence, Baidu, AIspeech and iFlytek.
  • OEMs are not only demanders, but also technology suppliers and system integrators in the voice supply chain.

Chinese Hydrogen Fuel Cell Energy Solution Provider Said to Mull $1 Billion U.S. SPAC Deal

Retrieved on: 
Tuesday, April 26, 2022

New York, NY, April 26, 2022 (GLOBE NEWSWIRE) -- Shenzhen State Fuel Cell Corporation (SFCC or the "Company"), a leading Chinese hydrogen fuel cell energy solution provider, is mulling going public through a merger with a Special Purpose Acquisition Company (SPAC).

Key Points: 
  • New York, NY, April 26, 2022 (GLOBE NEWSWIRE) -- Shenzhen State Fuel Cell Corporation (SFCC or the "Company"), a leading Chinese hydrogen fuel cell energy solution provider, is mulling going public through a merger with a Special Purpose Acquisition Company (SPAC).
  • Founded in 2016, SFCC is one of the leading hydrogen fuel cell energy solution providers that focuses on the R&D and manufacturing of hydrogen fuel cell energy pack as well as providing other one-stop services for hydrogen fuel commercial vehicles.
  • It is the first fuel cell enterprise in Shenzhen to carry out mass commercial operation of hydrogen fuel vehicles and has passed the international lTAT16949:2019 quality management system certification.
  • SFCC will potentially become the second China based hydrogen fuel cell energy solution provider to land on U.S. stock market if the listing process goes successfully.

DeepRoute.ai Unveils the Most Advanced Robotaxi Fleet; Ready for Series Production at an Affordable Cost

Retrieved on: 
Wednesday, April 20, 2022

FREMONT, Calif., April 20, 2022 (GLOBE NEWSWIRE) -- DeepRoute.ai, an international autonomous driving technology company, announces a leading-edge Robotaxi fleet equipped with its distinctive L4 autonomous driving solution, Driver 2.0. Engineered for mass production and adoption by automakers, this advancement in AV technology previews what’s to come in the transportation industry and the future of L4 consumer vehicles. Composed of 30 SAIC Motor MARVEL R SUVs, the Robotaxi fleet will deploy in Shenzhen, China, in the coming months.

Key Points: 
  • Composed of 30 SAIC Motor MARVEL R SUVs, the Robotaxi fleet will deploy in Shenzhen, China, in the coming months.
  • DeepRoute.ai is collaborating with prominent local and global automakers to achieve series production of L4 autonomous driving vehicles and expects to further reduce the current $10,000 cost of the solution by approximately 70%.
  • Driver 2.0 sensor configurations can be customized to meet automakers' needs, equipped with two to five solid-state LiDARs and eight cameras.
  • Its proprietary low-energy consumption computing platform and inference engine combined with NVIDIA DRIVE Orin SoCs will allow the company to meet automotive-grade standards for series production more quickly.

Luokung Announces Acquisition of Beijing Hongda Jiutong Technology Development Co., Ltd

Retrieved on: 
Tuesday, March 29, 2022

BEIJING, March 29, 2022 /PRNewswire/ -- Luokung Technology Corp. (NASDAQ: LKCO) ("Luokung" or the "Company"), a leading spatial-temporal intelligent big data services company and provider of interactive location-based services ("LBS") and high-definition maps ("HD Maps") in China, today announced the signing of an agreement pursuant to which the Company's operating affiliate, Beijing Zhong Chuan Shi Xun Technology Limited, has agreed to acquire Beijing Hongda Jiutong Technology Development Co., Ltd ("Hongda Jiutong"). The Company expects to close this transaction by the end of the second quarter of 2022.  

Key Points: 
  • BEIJING, March 29, 2022 /PRNewswire/ -- Luokung Technology Corp. (NASDAQ: LKCO) ("Luokung" or the "Company"), a leading spatial-temporal intelligent big data services company and provider of interactive location-based services ("LBS") and high-definition maps("HD Maps") in China, today announced the signing of an agreement pursuant to which the Company's operating affiliate, Beijing Zhong Chuan Shi Xun Technology Limited, has agreed to acquire Beijing Hongda Jiutong Technology Development Co., Ltd ("Hongda Jiutong").
  • Hongda Jiutong's customers include more than 20 domestic and international OEMs and related enterprises such as FAW Group, Dongfeng Motor and Foton Motor.
  • Mr. Xuesong Song, Luokung's Chairman and CEO, stated, "We are very pleased to welcome Hongda Jiutong and its established reputation within the transportation big data industry under the Luokung umbrella.
  • Hongda Jiutong Technology Development Co., Ltd. is a leading high-tech company in China focused on exploring the value of big data for intelligent transportation and connected vehicles.

New Analysis from Global Industry Analysts Reveals Steady Growth for Natural Gas Vehicles (NGVs), with the Market to Reach 32.5 Million Units Worldwide by 2026

Retrieved on: 
Wednesday, March 16, 2022

Previews provide deep insider access to business trends; competitive brands; domain expert profiles; and market data templates and much more.

Key Points: 
  • Previews provide deep insider access to business trends; competitive brands; domain expert profiles; and market data templates and much more.
  • Natural gas is used in vehicles in either its compressed form, known as Compressed Natural Gas (CNG), or liquefied form, known as Liquefied Natural Gas (LNG).
  • Tightening emissions regulations, particularly for diesel engines and stable natural gas prices continue to push fleets further toward natural gas conversions.
  • Global Industry Analysts, Inc., ( www.strategyr.com ) is a renowned market research publisher the world`s only influencer driven market research company.

High-End Electric Vehicle Brand VOYAH Officially Landed in Norway

Retrieved on: 
Friday, March 11, 2022

On March 10, 2022, VOYAH, the high-end electric vehicle brand from Dongfeng Group, officially landed in Norway on the "cloud" side, with representatives from China Dongfeng Motor Industry Imp.

Key Points: 
  • On March 10, 2022, VOYAH, the high-end electric vehicle brand from Dongfeng Group, officially landed in Norway on the "cloud" side, with representatives from China Dongfeng Motor Industry Imp.
  • A follow-up will be offered to Norwegian customers to offer high-performance electric vehicle products and excellent service.
  • Torje Aleksander Sulland, CEO of Electric Way Norway, said: "Its our pleasure to work with Dongfeng Motor, one of the largest automakers in China, to introduce VOYAH to Norway, the first stop in Europe.
  • Norwegians own the highest electric vehicles proportion worldwide, making it the starting point for Chinas fastest-growing new energy vehicle brand.