Mazda Motor Corp.’s China joint venture will adopt CATL’s cell-to-chassis integration technology to speed up the development of electrified vehicles.
The move is a blow to GM’s efforts to restructure its Chinese operations and restore profits in part by targeting sales of higher-priced models.
The China Automobile Dealers Association said the lackluster used-vehicle market is being undermined by steep price cuts by automakers on new electrified vehicles.
April shipments of sedans, crossovers, SUVs, multipurpose vehicles and minibuses advanced 11 percent to 2.22 million, the China Association of Automobile Manufacturers said.
The giant supplier is transferring 24 additional steel grades to Valin ArcelorMittal Automotive Steel, its 50-50 partnership with China's Hunan Iron & Steel.
The German supplier prepares to launch output of 2 important components in China.
Tenneco CEO Jim Voss sat down with Automotive News China to discuss how the supplier is positioning itself in China.
The first model to be built at the factory will be the right-hand-drive variant of the C10, an electric compact crossover.
The Mazda EZ-60 compact crossover will be available in battery-electric and plug-in hybrid versions.
Aptiv is making key investments to build high-voltage busbars and connectors to help strengthen its technology development capabilities in China.