FAW Group

EQS-News: EKPO supplies fuel cell stacks to Chinese premium car manufacturer Hongqi

Retrieved on: 
Wednesday, March 13, 2024

Stacks to be installed in a car from Hongqi, the premium brand of the FAW Group

Key Points: 
  • Stacks to be installed in a car from Hongqi, the premium brand of the FAW Group
    Dettingen/Erms (Germany), Suzhou (China), March 8, 2024 +++ EKPO Fuel Cell Technologies GmbH (EKPO) and China FAW Group (FAW) have signed a contract for the development and supply of fuel cell stack module prototypes.
  • The stacks of the "NM12-Single" platform will be used in a next-generation fuel cell vehicle of FAW's premium brand "Hongqi".
  • We are delighted that Hongqi has once again opted for EKPO's fuel cell technology," says Carole Brinati, Managing Director of EKPO.
  • For further information, please contact on behalf of EKPO Fuel Cell Technologies:

China OEMs' Model Planning Research Report, 2023-2025: China will Launch 388 New Vehicle Models, Automakers Create Abundant Brand Matrices through Multi-brand Strategy - ResearchAndMarkets.com

Retrieved on: 
Thursday, February 15, 2024

OEMs' Model Planning Research Report, 2023-2025, combs through model planning and features of Chinese independent brands, emerging carmakers, and joint venture brands in the next 3-5 years.

Key Points: 
  • OEMs' Model Planning Research Report, 2023-2025, combs through model planning and features of Chinese independent brands, emerging carmakers, and joint venture brands in the next 3-5 years.
  • Among conventional OEMs, upcoming SUVs of Great Wall Motor and BYD will sweep more than 60% of the new vehicle models.
  • Their priority in the next 3-5 years is to provide urban coverage and promote vehicle models from top to bottom.
  • 1.1 Number of New Vehicle Models Released by OEMs, 2023-2025E
    1.2 New Vehicle Launch Plans, 2023-2025
    1.3 Sales Goals of OEMs, 2023-2025

Black Sesame Technologies Unveils Innovative Autonomous Driving Solutions at CES 2024

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Wednesday, January 10, 2024

LAS VEGAS, Jan. 9, 2024 /PRNewswire/ -- On January 9th, Black Sesame Technologies, a leading intelligent vehicle SoC and solution provider, revealed a range of innovative products and solutions at CES 2024. Notably, the company introduced its high-performance, automotive-grade autonomous driving chip, the Huashan Series A1000, and the intelligent vehicle cross-domain computing platform, the Wudang C1200 Series. The event also marked the announcement of numerous strategic partnerships, fostering the growth of robust, collaborative ecosystems in the automotive sector.

Key Points: 
  • LAS VEGAS, Jan. 9, 2024 /PRNewswire/ -- On January 9th, Black Sesame Technologies, a leading intelligent vehicle SoC and solution provider, revealed a range of innovative products and solutions at CES 2024.
  • At CES, Black Sesame Technologies highlighted the A1000's broad range of capabilities, showcasing features such as integrated driving and parking, urban navigation, valet parking, 3D surround-view parking assistance, vehicle-road cooperation, and driver monitoring systems.
  • Black Sesame Technologies Shanhai development toolchain, in conjunction with the Huashan series of autonomous driving computing chips, comes equipped with comprehensive development kits and software tools needed for algorithm development.
  • Black Sesame Technologies is dedicated to unlocking new opportunities for industry chain partners and the broader ecosystem through continuous chip innovation and technological advancement.

Global Automotive Cloud Service Platform Industry Report, 2023 - Autonomous Driving 2.0: AWS and Alibaba Cloud Lead the Way with Data Lake Cloud Native Architecture

Retrieved on: 
Wednesday, December 20, 2023

DUBLIN, Dec. 20, 2023 /PRNewswire/ -- The "Automotive Cloud Service Platform Industry Report, 2023" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • DUBLIN, Dec. 20, 2023 /PRNewswire/ -- The "Automotive Cloud Service Platform Industry Report, 2023" report has been added to ResearchAndMarkets.com's offering.
  • Cloud capabilities required by Original Equipment Manufacturers (OEMs) become a focal point, driving changes in demand for cloud services.
  • Simultaneously, cloud computing architecture undergoes a transformative shift towards software and hardware integration, particularly in the realm of Electric/Electronic (E/E) architecture for vehicle cloud computing.
  • The convergence of Data Lake and Cloud Native technologies emerges as a hotspot for exploration by cloud platform companies.

Hesai Group Reports Third Quarter 2023 Unaudited Financial Results

Retrieved on: 
Monday, November 13, 2023

SHANGHAI, China, Nov. 13, 2023 (GLOBE NEWSWIRE) -- Hesai Group (“Hesai” or the “Company”), (NASDAQ: HSAI), the global leader in three-dimensional light detection and ranging (lidar) solutions, today announced its unaudited financial results for the three months ended September 30, 2023.

Key Points: 
  • In the third quarter, our net revenues increased by 33.5% year-over-year, reaching another record high of RMB445.6 million (US$61.1 million).
  • We achieved this growth against the high comparable third quarter last year, which benefited from the bounce-back after the Shanghai Covid lockdowns in the second quarter of 2022.
  • On April 11, 2023, Ouster filed a complaint with the ITC alleging that Hesai infringed on its lidar IP and seeking to enjoin the import of Hesai lidars into the U.S.
    On June 22, 2023, Hesai filed a motion to terminate the ITC Action.
  • Hesai lidars are not sold to the military and use in military applications is expressly forbidden in Hesai contracts.

Hesai Announces World's First Production Design Win for In-Cabin Lidar with Leading Automotive OEM

Retrieved on: 
Friday, September 22, 2023

It marks the first design win for Hesai's ultra-thin long-range lidar ET25, and the first series production program with an in-cabin lidar solution to be announced globally.

Key Points: 
  • It marks the first design win for Hesai's ultra-thin long-range lidar ET25, and the first series production program with an in-cabin lidar solution to be announced globally.
  • FAW group is set to officially unveil the in-cabin lidar solution at their innovation technology conference in October.
  • To date, Hesai has delivered over 190,000 lidar units, demonstrating its excellent product performance and reliable mass-production and delivery capabilities.
  • Hesai is rapidly expanding its ADAS series production programs, securing design wins for multiple production vehicle models, and also ADAS development projects with world-renowned OEMs in North America and Europe.

FAW Group and Mobileye Forge Strategic Alliance in Autonomous Driving

Retrieved on: 
Thursday, September 14, 2023

FAW Group, one of the largest Chinese automotive groups, and Mobileye (Nasdaq: MBLY), a global leader in autonomous driving solutions, have announced a new strategic partnership leveraging their respective industry advantages in software, hardware and technology products.

Key Points: 
  • FAW Group, one of the largest Chinese automotive groups, and Mobileye (Nasdaq: MBLY), a global leader in autonomous driving solutions, have announced a new strategic partnership leveraging their respective industry advantages in software, hardware and technology products.
  • The two sides will work together to create new products based on Mobileye SuperVision™ and Mobileye Chauffeur™ platforms, to empower customers with safe, enjoyable driving experiences.
  • The two companies will start working together on FAW Hongqi brand vehicles, bringing the Mobileye SuperVision highly advanced automated driving assist platform to key models of the Hongqi brand.
  • That will be followed closely by work toward integrating the Mobileye Chauffeur “eyes-off, hands-off" driving technology for specified domains into the much-anticipated E701 vehicle.

CEE2023 Shenzhen will be held from August 23rd to 25th, marking the powerful opening of the fusion field for the consumer electronics industry in Shenzhen

Retrieved on: 
Monday, August 28, 2023

SHENZHEN, China, Aug. 28, 2023 /PRNewswire/ -- CEE2023 Shenzhen, hosted by Shenzhen Informa Markets Creativity Exhibition Company Limited, will be held from August 23rd to 25th.

Key Points: 
  • SHENZHEN, China, Aug. 28, 2023 /PRNewswire/ -- CEE2023 Shenzhen, hosted by Shenzhen Informa Markets Creativity Exhibition Company Limited, will be held from August 23rd to 25th.
  • CEE, the Shenzhen International Consumer Electronics Expo, is a fusion field that represents the epitome of power in the Shenzhen consumer electronics industry.
  • CEE will select iconic venues within the consumer electronics field: Shenzhen innoX, Lenovo Future Center, and HQ-mart.
  • We welcome professionals from the electronics industry to visit and exchange ideas at the Shenzhen Convention and Exhibition Center (Futian) from August 23rd to 25th.

FAW enjoys surging export sales in anniversary year

Retrieved on: 
Friday, July 28, 2023

As of 2022, FAW's overseas business covered 85 countries and regions, including Europe, Africa, Southeast Asia and Latin America.

Key Points: 
  • As of 2022, FAW's overseas business covered 85 countries and regions, including Europe, Africa, Southeast Asia and Latin America.
  • Based in Northeast China's Changchun, Jilin province, FAW Group celebrated its 70th anniversary on July 15 as its 55.77 millionth vehicle rolled off the production line.
  • On the occasion of FAW's 70th anniversary, its partnership with Volkswagen and Audi celebrates the 35th anniversary.
  • FAW and Volkswagen announced they would jointly enhance the Volkswagen's product portfolio, advance the development of electric vehicles and introduce more Chinese technologies.

Chijet Motor Company’s Majority-owned Subsidiary Achieved a Breakthrough in Export Model

Retrieved on: 
Friday, July 14, 2023

This milestone marks the official opening of FAW Jilin's dual-channel export model, signifying a new phase of development for the Company’s international marketing business.

Key Points: 
  • This milestone marks the official opening of FAW Jilin's dual-channel export model, signifying a new phase of development for the Company’s international marketing business.
  • With strong support from FAW Group, FAW Jilin has implemented its own overseas sales platform and established a dual-channel export model by leveraging both FAW Group's export channel and its own export channel.
  • In a recent breakthrough, FAW Jilin’s self-operated export operation team secured its first order in the Peruvian market.
  • With access to the dual-channel export model, FAW Jilin anticipates future export orders and growing prominence in the international market arena.