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Drought Forces Power Cuts at Sichuan Factories
CHINA REPORT
Qin Fen Sichuan’s worst drought in more than a half century spurred the Chinese province to extend industrial power cuts and activate its highest emergency response, adding to manufacturers’ woes as they shut down factories in the region.
Source: Bloomberg Read The Article
Xinhua News Agency Read The Article
Shanghai Daily Read The Article
China.org.cn Read The Article
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Beijing Accelerates “Fuel for Battery” Policy
Qin Fen The Beijing Municipal Commission of Transport in February issued an action plan describing how to switch out IC-powered light commercial vehicles in urban areas.
The city government will subsidize fleet companies switching out 20 gasoline or diesel powered vehicles to battery-powered cargo vehicles one time before Aug. 31, 2021. The government will issue city passes to fleet companies on more favorable terms than ICE powered cargo vehicles.
There will be a government transportation center to monitor every battery-powered vehicle on operating range, GPS, etc., in case someone embezzles government subsidy.
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Weichai Takes 60% Stake in Agricultural Equipment Maker
Qin Fen Weichai Holding Group Co., Ltd., a leading Chinese powertrain manufacturer, has acquired a controlling stake in Lovol, one of the country’s major agricultural equipment makers.
Source: Xinhua News Agency Read The Article
PSR Analysis: People look up to leading companies in industry because often times they are not just leading the trend, they are also setting an example of weathering the storm during crisis.
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Italy’s CNH and China’s FAW in Talks Over Truck Maker Iveco
CNH Industrial is in talks with China’s FAW over the future of truck maker Iveco, the Italian-American group said recently after sources told Reuters it had revived previously aborted negotiations.
Source: Reuters Read The Article
PSR Analysis: Another positive development in the industry during such a gloomy crisis, FAW fits the merger success story I just mentioned about the few surviving companies. There are for sure many challenges ahead with the acquisition, particularly…
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How Does Market Brace for Low Speed EV Impact?
By August 12, after 20 days of product launch, SGMW’s MINI EV will hit a sales record of 15,000 vehicles, making it the world’s fastest car model reaching the threshold of 10,000 units.
Source: D1 EV Read The Article
Qin Fen PSR Analysis: Consider BYD’s electric bus, SGMW’s MINI EV, as well as premium car brands like Tesla: These traditional and emerging automotive OEMs are reformulating rules of the auto game, with their own proprietary technology.
As a matter of…
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National Grid Joins Switch-on Mode Team
Qin Fen In July, MIIT (Ministry of Industry and Information Technology summoned a meeting with local governments, industry associations and automotive companies on battery switch-on implementation. People attending offered thoughts on implementing battery switch-on operations, sharing recommendations for policy and discussing challenges of proposed actions.
Source: D1 EV Read The Article
PSR Analysis: Electric vehicle development is facing several different technology road…
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Thoughts on Battery Change for New Energy Vehicle, using Big Data
Qin Fen The symposium of battery change mode for new energy vehicle was held June 15 in Xuzhou, Jiangsu. Data from National Big Data Alliance of New Energy Vehicles suggests that over 3 million new energy vehicles were in the system in 2019 and 900,000 vehicles are running daily. Data also suggest that new energy vehicle GVW range primarily falls under 4.5 tons.
Source: Sohu Read The Article
PSR Analysis: Many numbers are in the article, some contradictory. As one of the truck…
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Geely Poised to Acquire CAMC
According to a statement from CAMC, a.k.a Hualing Xingma, China automotive manufacturer Geely, will acquire a 15.4% position in the company.
Qin Fen Source: CV World Read The Article
PSR Analysis: A win-win situation for CAMC and Geely. There are still some legal proceedings to finish, but once it’s done, CAMC will save itself from financial trouble and Geely will add an asset to its commercial vehicle lineup. PSR
Qin Fen Is Business Development Manager for Power Systems Rese…
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China Delays Nationwide NS 6 Regulation
The Ecology and Environment Ministry is extending the transition period for OEMs and the sales period for NS 5 inventory products.
Source: China Central Television Read The Article
PSR Analysis:
So here comes the impact of coronavirus for the industry. But what we should bear in mind is that despite this latest news, the capital metro area, the Yangtze delta area and the Zhujiang River Delta area, three of the most prosperous areas in China, have already implemented…
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CHINA REPORT, March 2020
This article appeared in the March 2020 issue of PowerTALK News
Beijing Municipal Passes Emission Off-Road Regulation
The Beijing Municipal government officially published an emission regulation paper March 9, 2020. The regulation is effective May 1, 2020.
Source: Beijing Municipal Government Read The Article
PSR Analysis: Coronavirus has changed many things in China, but it is not going to delay the implementation or reduce the determination of the Beijing local government…
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