Automotive industry in China

Global Automotive Voice Industry Report 2020 with Focus on China - Baidu and VW-Mobvoi are Gathering Pace - ResearchAndMarkets.com

Retrieved on: 
Wednesday, December 9, 2020

The "Global and China Automotive Voice Industry Report, 2020" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "Global and China Automotive Voice Industry Report, 2020" report has been added to ResearchAndMarkets.com's offering.
  • At present, iFLYTEK as a bellwether in Chinese automotive voice market boasts a market share of more than 40%.
  • Global and China Automotive Voice Industry Report, 2020 highlights:
    Intelligent voice industry and market (industry chain, applied scenarios, development history, market size, competitive pattern, etc.)
  • Global and China automotive voice markets (size, competitive pattern, development trends, major players' layout, their development characteristics, etc.)

China Automotive Camera Market Growth, Trends and Forecasts Report 2020-2025 Featuring Major Players - Autoliv, Continental, Delphi Automotive, Denso, Panasonic, and Valeo - ResearchAndMarkets.com

Retrieved on: 
Friday, December 4, 2020

The "China Automotive Camera Market - Growth, Trends and Forecasts (2020 - 2025)" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "China Automotive Camera Market - Growth, Trends and Forecasts (2020 - 2025)" report has been added to ResearchAndMarkets.com's offering.
  • The country holds a significant share in the automotive camera market of the Asia-Pacific region.
  • Thereby, an increased focus on automotive safety is predicted to help to augment the market for automotive camera significantly.
  • The Chinese automotive camera market is expected to grow at a high rate because China has a huge camera market which is part of China's automotive components industry.

China Automotive Systems Registered Record High Monthly Shipments to Commercial Vehicle Market in China

Retrieved on: 
Thursday, December 3, 2020

In the month of November, total shipments of commercial vehicle steering systems has reached a Company monthly historical high, and the monthly sales run rate of 70,000 units is expected to continue into the first quarter of 2021.

Key Points: 
  • In the month of November, total shipments of commercial vehicle steering systems has reached a Company monthly historical high, and the monthly sales run rate of 70,000 units is expected to continue into the first quarter of 2021.
  • In addition, a brand-new assembly line for intelligent RCB steering systems ("iRCB") for commercial vehicles has been installed and is currently undergoing testing.
  • Specifically designed for autonomous-driven commercial vehicles, CAAS' proprietary commercial vehicle iRCB systems feature electric motor assisted power steering to provide maximum assistance in parking, and in lane keeping at highway speeds.
  • Based in Hubei Province, the People's Republic of China, China Automotive Systems, Inc. is a leading supplier of power steering components and systems to the Chinese automotive industry, operating through ten Sino-foreign joint ventures.

China Automotive Systems Significantly Increased Sales to the Rising Chinese EV Market in 2020

Retrieved on: 
Monday, November 30, 2020

Sales of Chinese EVs approximately doubled year-over-year to 144,000 units in the month of October 2020.

Key Points: 
  • Sales of Chinese EVs approximately doubled year-over-year to 144,000 units in the month of October 2020.
  • Mr. Hanlin Chen, chairman of CAAS, commented, "These sales continue our long trend of providing advanced steering products to the largest automobile manufacturers in China.
  • Given our sales momentum, we expect to sell over 140,000 steering units for use in Chinese EV models in 2020 and to reach approximately 200,000 units in 2021.
  • Based in Hubei Province, the People's Republic of China, China Automotive Systems, Inc. is a leading supplier of power steering components and systems to the Chinese automotive industry, operating through ten Sino-foreign joint ventures.

Xpeng Announces Next-gen Autonomous Driving Architecture at Auto Guangzhou 2020

Retrieved on: 
Friday, November 20, 2020

Xpeng Inc. (Xpeng or the Company, NYSE: XPEV), a leading Chinese smart electric vehicle (Smart EV) company, today announced its next-generation autonomous driving architecture at Auto Guangzhou 2020.

Key Points: 
  • Xpeng Inc. (Xpeng or the Company, NYSE: XPEV), a leading Chinese smart electric vehicle (Smart EV) company, today announced its next-generation autonomous driving architecture at Auto Guangzhou 2020.
  • Our customers will benefit from this premium advanced technology, which makes autonomous driving more driver-friendly, safe and effective, said He Xiaopeng, Chairman & CEO of Xpeng.
  • This next-generation autonomous driving architecture will deliver major enhancements, including:
    The XPU autonomous driving intelligent control unit integrates vehicle control and parking functions, making decision-making and execution more efficient.
  • The next-generation autonomous driving architecture will achieve an advanced level of navigation-guided autonomous driving, with wide coverage of different road conditions, low manual takeover rates, and longer continuous autonomous driving times.

China Automotive Systems Reports Unaudited 2020 Third Quarter Results

Retrieved on: 
Thursday, November 12, 2020

WUHAN, China, Nov. 12, 2020 /PRNewswire/ -- China Automotive Systems, Inc. (Nasdaq: CAAS)("CAAS" or the "Company"),a leading power steering components and systems supplier inChina, today announced its unaudited financial results for the third quarter and nine months endedSeptember 30, 2020.

Key Points: 
  • WUHAN, China, Nov. 12, 2020 /PRNewswire/ -- China Automotive Systems, Inc. (Nasdaq: CAAS)("CAAS" or the "Company"),a leading power steering components and systems supplier inChina, today announced its unaudited financial results for the third quarter and nine months endedSeptember 30, 2020.
  • In the third quarter of 2020, net sales rose 13.8% to $114.4 million compared to $100.5 million in the same quarter of 2019.
  • General and administrative expenses ("G&A expenses") were $5.1 millionin the third quarter of 2020, compared to$4.4 millionin the same quarter of 2019.
  • Based in Hubei Province, the People's Republic of China, China Automotive Systems, Inc. is a leading supplier of power steering components and systems to the Chinese automotive industry, operating through ten Sino-foreign joint ventures.

GAC MOTOR to Launch Three Blockbusters in Kuwait, Accelerating Its Expansion in the Middle East

Retrieved on: 
Wednesday, November 11, 2020

As one such brand, GAC MOTOR has provided products and services recognized by Kuwaiti consumers, and its reputation is increasing rapidly.

Key Points: 
  • As one such brand, GAC MOTOR has provided products and services recognized by Kuwaiti consumers, and its reputation is increasing rapidly.
  • GAC MOTOR will introduce three blockbusters, the GS5, GN6, and All-New GA8, to the Kuwait market on November 17.
  • GAC MOTOR has grown further in Kuwait and expanded rapidly in the Middle East and the whole world.
  • While expanding and deeply cultivating the global market, GAC MOTOR will launch more high-quality models into various markets and provide more consumers with a pleasant mobility life.

China Automotive Systems to Announce 2020 Third Quarter Unaudited Financial Results on November 12, 2020

Retrieved on: 
Monday, November 9, 2020

Based in Hubei Province, the People's Republic of China, China Automotive Systems, Inc. is a leading supplier of power steering components and systems to the Chinese automotive industry, operating through ten Sino-foreign joint ventures.

Key Points: 
  • Based in Hubei Province, the People's Republic of China, China Automotive Systems, Inc. is a leading supplier of power steering components and systems to the Chinese automotive industry, operating through ten Sino-foreign joint ventures.
  • The Company offers a full range of steering system parts for passenger automobiles and commercial vehicles.
  • This press release contains statements that are "forward-looking statements" as defined under the Private Securities Litigation Reform Act of 1995.
  • Our actual results may differ materially from the results described in or anticipated by our forward-looking statements due to certain risks and uncertainties.

GAC MOTOR Recognized as Champion of J.D. Power Initial Quality Study for China Brand for Eight Consecutive Years

Retrieved on: 
Sunday, November 1, 2020

In this report, GAC MOTOR is distinguished as the China brand champion for eight straight years, with its SUV model, GS3, and MPV model, GN6 respectively ranked first and second in their segments.

Key Points: 
  • In this report, GAC MOTOR is distinguished as the China brand champion for eight straight years, with its SUV model, GS3, and MPV model, GN6 respectively ranked first and second in their segments.
  • The 2020 China Initial Quality Study (IQS) covers 241 models of 57 brands, identifies 218 issues of initial quality, and records 32,536 users' feedback, showcasing brand trust and reliability.
  • Eight consecutive years of China brand champion have proven the stable and reliable GAC MOTOR quality, as recognized by the markets and authorities.
  • GAC MOTOR has always been strictly controlling vehicle quality and reliability on all aspects and improving each model's elaborative designs.

Global Automotive Drive Shafts Industry

Retrieved on: 
Wednesday, October 21, 2020

US Automotive Drive Shafts Market Share (in %) by Company:

Key Points: 
  • US Automotive Drive Shafts Market Share (in %) by Company:
    Estimates and Projections in US$ Million by Vehicle: 2020 to
    Estimates and Projections in US$ Million by Shaft Type: 2020 to
    Forecasts in US$ Million by Vehicle: 2020 to 2027
    Review by Vehicle in US$ Million: 2012-2019
    Table 27: Automotive Drive Shafts Market in Canada: Percentage
    Share Breakdown of Sales by Vehicle for 2012, 2020, and 2027
    Forecasts in US$ Million by Shaft Type: 2020 to 2027
    Review by Shaft Type in US$ Million: 2012-2019
    Table 30: Automotive Drive Shafts Market in Canada: Percentage
    Share Breakdown of Sales by Shaft Type for 2012, 2020, and 2027
    Table 31: Japanese Market for Automotive Drive Shafts: Annual
    Table 32: Automotive Drive Shafts Market in Japan: Historic
    Table 34: Japanese Market for Automotive Drive Shafts: Annual
    Table 35: Automotive Drive Shafts Market in Japan: Historic
    China in US$ Million by Vehicle: 2012-2019
    Table 39: Chinese Automotive Drive Shafts Market by Vehicle:
    Percentage Breakdown of Sales for 2012, 2020, and 2027
    China in US$ Million by Shaft Type: 2012-2019
    Table 42: Chinese Automotive Drive Shafts Market by Shaft Type:
    Percentage Breakdown of Sales for 2012, 2020, and 2027
    European Automotive Drive Shafts Market: Competitor Market
    Scenario in US$ Million by Region/Country: 2020-2027
    Table 44: Automotive Drive Shafts Market in Europe: A Historic
    Forecasts in US$ Million by Vehicle: 2020-2027
    Forecasts in US$ Million by Shaft Type: 2020-2027
    Table 52: Automotive Drive Shafts Market in France by Vehicle:
    Scenario in US$ Million by Vehicle: 2012-2019
    Scenario in US$ Million by Shaft Type: 2012-2019
    Table 58: Automotive Drive Shafts Market in Germany: Recent
    Analysis in US$ Million by Vehicle: 2012-2019
    Table 61: Automotive Drive Shafts Market in Germany: Recent
    Analysis in US$ Million by Shaft Type: 2012-2019
    Italy in US$ Million by Vehicle: 2012-2019
    Table 66: Italian Automotive Drive Shafts Market by Vehicle:
    Percentage Breakdown of Sales for 2012, 2020, and 2027
    Italy in US$ Million by Shaft Type: 2012-2019
    Table 69: Italian Automotive Drive Shafts Market by Shaft Type:
    Percentage Breakdown of Sales for 2012, 2020, and 2027
    Table 70: United Kingdom Market for Automotive Drive Shafts:
    Table 71: Automotive Drive Shafts Market in the United Kingdom:
    Table 73: United Kingdom Market for Automotive Drive Shafts:
    Table 74: Automotive Drive Shafts Market in the United Kingdom:
    Forecasts in US$ Million by Vehicle: 2020 to 2027
    Review by Vehicle in US$ Million: 2012-2019
    Table 78: Automotive Drive Shafts Market in Spain: Percentage
    Share Breakdown of Sales by Vehicle for 2012, 2020, and 2027
    Forecasts in US$ Million by Shaft Type: 2020 to 2027
    Review by Shaft Type in US$ Million: 2012-2019
    Table 81: Automotive Drive Shafts Market in Spain: Percentage
    Share Breakdown of Sales by Shaft Type for 2012, 2020, and 2027
    Projections in US$ Million by Vehicle: 2020 to 2027
    Table 83: Automotive Drive Shafts Market in Russia by Vehicle:
    Projections in US$ Million by Shaft Type: 2020 to 2027
    Estimates and Forecasts in US$ Million by Vehicle: 2020-2027
    Estimates and Forecasts in US$ Million by Shaft Type: 2020-2027
    US$ Million by Shaft Type: A Historic Review for the Period
    and Forecasts in US$ Million by Region/Country: 2020-2027
    Table 95: Automotive Drive Shafts Market in Asia-Pacific:
    Scenario in US$ Million by Vehicle: 2012-2019
    Scenario in US$ Million by Shaft Type: 2012-2019
    Table 103: Automotive Drive Shafts Market in Australia: Recent
    Analysis in US$ Million by Vehicle: 2012-2019
    Table 106: Automotive Drive Shafts Market in Australia: Recent
    Analysis in US$ Million by Shaft Type: 2012-2019
    Forecasts in US$ Million by Vehicle: 2020 to 2027
    Review by Vehicle in US$ Million: 2012-2019
    Table 111: Automotive Drive Shafts Market in India: Percentage
    Share Breakdown of Sales by Vehicle for 2012, 2020, and 2027
    Forecasts in US$ Million by Shaft Type: 2020 to 2027
    Review by Shaft Type in US$ Million: 2012-2019
    Table 114: Automotive Drive Shafts Market in India: Percentage
    Share Breakdown of Sales by Shaft Type for 2012, 2020, and 2027
    Table 115: Automotive Drive Shafts Market in South Korea:
    Analysis in US$ Million by Vehicle: 2012-2019
    Table 118: Automotive Drive Shafts Market in South Korea:
    Analysis in US$ Million by Shaft Type: 2012-2019
    South Korea by Shaft Type: 2012 VS 2020 VS 2027
    Share Analysis by Shaft Type: 2012 VS 2020 VS 2027
    by Region/Country in US$ Million: 2020-2027
    Percentage Breakdown of Sales by Region/Country: 2012, 2020,
    Latin America in US$ Million by Vehicle: 2012-2019
    Vehicle: Percentage Breakdown of Sales for 2012, 2020, and 2027
    Latin America in US$ Million by Shaft Type: 2012-2019
    Shaft Type: Percentage Breakdown of Sales for 2012, 2020, and
    and Forecasts in US$ Million by Vehicle: 2020-2027
    and Forecasts in US$ Million by Shaft Type: 2020-2027
    Table 142: Automotive Drive Shafts Market in Brazil by Vehicle:
    Scenario in US$ Million by Vehicle: 2012-2019
    Scenario in US$ Million by Shaft Type: 2012-2019
    Table 148: Automotive Drive Shafts Market in Mexico: Recent
    Analysis in US$ Million by Vehicle: 2012-2019
    Table 151: Automotive Drive Shafts Market in Mexico: Recent
    Analysis in US$ Million by Shaft Type: 2012-2019
    Estimates and Projections in US$ Million by Vehicle: 2020 to
    Estimates and Projections in US$ Million by Shaft Type: 2020 to
    Share Breakdown by Shaft Type: 2012 VS 2020 VS 2027
    Estimates and Forecasts in US$ Million by Region/Country:
    Estimates and Forecasts in US$ Million by Vehicle: 2020 to 2027
    Market by Vehicle in US$ Million: 2012-2019
    Table 165: Automotive Drive Shafts Market in the Middle East:
    Percentage Share Breakdown of Sales by Vehicle for 2012,2020,
    Estimates and Forecasts in US$ Million by Shaft Type: 2020 to
    Market by Shaft Type in US$ Million: 2012-2019
    Table 168: Automotive Drive Shafts Market in the Middle East:
    Table 169: Iranian Market for Automotive Drive Shafts: Annual
    Table 170: Automotive Drive Shafts Market in Iran: Historic
    Table 172: Iranian Market for Automotive Drive Shafts: Annual
    Table 173: Automotive Drive Shafts Market in Iran: Historic
    Forecasts in US$ Million by Vehicle: 2020-2027
    Forecasts in US$ Million by Shaft Type: 2020-2027
    Saudi Arabia in US$ Million by Vehicle: 2012-2019
    Vehicle: Percentage Breakdown of Sales for 2012, 2020, and 2027
    Saudi Arabia in US$ Million by Shaft Type: 2012-2019
    Shaft Type: Percentage Breakdown of Sales for 2012, 2020, and
    Historic Market Analysis in US$ Million by Vehicle: 2012-2019
    United Arab Emirates by Vehicle: 2012 VS 2020 VS 2027
    Historic Market Analysis in US$ Million by Shaft Type:
    United Arab Emirates by Shaft Type: 2012 VS 2020 VS 2027
    Market Analysis in US$ Million by Vehicle: 2012-2019
    Market Analysis in US$ Million by Shaft Type: 2012-2019
    Share Breakdown by Shaft Type: 2012 VS 2020 VS 2027
    Projections in US$ Million by Vehicle: 2020 to 2027
    Table 200: Automotive Drive Shafts Market in Africa by Vehicle:
    Projections in US$ Million by Shaft Type: 2020 to 2027