#CHONGQINGSOKON

Ford of Europe Chairman to Head China JV

Ford Motor Co. has named Ford of Europe Chairman Steven Armstrong as president of the company’s joint venture with Chongqing Changan Automobile Co. in China, effective Oct. 1.

Business

Chinese EV Startup Postpones U.S. Launch Plans

Chongqing Sokon Industry Group’s Seres electric vehicle unit is delaying next year’s planned U.S. launch of its SF5 SUV/crossover vehicle.

Batteries

Chinese Battery Maker Plans European Factory

China’s SVOLT Energy Technology Co. plans to open a €2 billion lithium-ion battery plant and development center somewhere in Europe in 2022.

Legal

China Fines Ford Changan for Violating Anti-Monopoly Laws

Ford Motor Co.’s joint venture with Changan Automobile Group has been fined 163 million yuan ($24 million) for violating China’s anti-monopoly law, Reuters reports.

Marketing

Ford Swaps Out Expatriate Execs in China

Ford Motor Co. is replacing dozens of Western executives in China with local marketing experts in a bid to cut costs and gain more local marketing knowledge.

Mobility

EV Startup to Launch Crossover This Year

SF Motors Inc., a Chinese-owned company based in California, plans to launch its SF5 crossover vehicle later this year in China under the newly named Seres brand.

Business

Report: Ford Job Cuts in China Will Reach at Least 2,000

Ford Motor Co.’s joint venture with China’s Changan Automobile Group reportedly is eliminating 2,000 jobs, or about 10% of its workforce.

Autonomous Vehicles

China’s Changan Demos 55 Autonomous Car Platoon

Chongqing Changan Automobile Co. tested a 55-vehicle fleet of autonomous vehicles driving in line on a closed highway in China.

Propulsion

Mazda Buys Out Ford Stake in Chinese Engine Venture

Mazda Motor Corp. has acquired Ford Motor Co.’s 25% stake in a three-way engine-making joint venture in China.

Business

Faurecia, Wuling Launch Partsmaking Venture in China

Faurecia SA and Liuzhou Wuling Automotive Industry Co. have formed a company to supply automotive emission control systems in China.

Sales

Suzuki Exits China Ventures

Small-car specialist Suzuki Motor Corp. is ending its joint venture with Chongqing Changan Automobile Co. after years of declining sales in China.

Car/Ride Sharing

Three Chinese Carmakers Form Ride-Hailing Alliance

A trio of state-owned Chinese carmakers is launching a joint ride-hailing service to rival foreign-based competitors.

Hybrid

Jaguar Launches Electric Crossover in China

Jaguar Land Rover Automotive plc says it will begin selling its Jaguar I-Pace all-electric crossover vehicle in China in the fourth quarter of 2018.

Production

China’s SF Motors to Begin EV Production in Indiana Next Year

SF Motors Inc., a Chinese-owned company based in California, says it will begin making all-electric cars in Indiana late next year.

Sales

China’s SF Motors Aims to Enter U.S. Market in 2019

Two-year old SF Motors Inc. claims it will launch U.S. sales of its first model, an electric crossover vehicle called the SF5, next year.

Batteries

SF Motors Begins Tests of “Protective” Autonomous Tech

Electric vehicle startup SF Motors Inc. has begun testing building-block technologies for self-driving cars on public roads in California and Michigan.

Hybrid

Japanese Carmakers Prepare a Bevy of Electrified Vehicles for China

Japan’s major carmakers are rushing to introduce electrified vehicles in China, with at least one model due late this year.

Interiors

Faurecia, Liuzhou Wuling Expand Partnership

French auto supplier Faurecia SA has formed a second joint venture with China’s Liuzhou Wuling Industry Co. to develop and produce interior components.

Production

Ford Retools Spanish Plant for Next-Gen Kuga SUV

Ford Motor Co. is investing more than €750 million ($885 million) to retool its manufacturing facility in Valencia, Spain, to build the next-generation Kuga midsize SUV.

Hybrid

Ford, Zotye Finalize JV to Build EVs in China

Ford Motor Co. and Anhui Zotye Automobile Co. have formed a 50:50 joint venture that will build and sell small electric vehicles in China.

Business

Ford, Zotye to Launch EV Production in China

Ford Motor Co. and Anhui Zotye Automobile Co. are spending 5 billion yuan ($755 million) on a venture to build and sell small electric cars in China.

Assembly

EV Startup Closes Deal on AM General Plant

SF Motors Inc. has completed its acquisition of AM General LLC's former light-vehicle assembly plant in Mishawaka, Ind.

Hybrid

Changan to Phase Out Piston-Only Vehicles by 2025

China's Chongqing Changan Automobile Co. says it will invest 100 billion yuan ($15.1 billion) in “new energy” vehicles and phase out piston-only models by 2025.

Hybrid

Ford Signs EV Development Agreement with Zotye Auto

Ford Motor Co. has signed a memorandum of understanding with China-based Anhui Zotye Automobile Co. to explore the potential for a joint venture to produce electric vehicles in China.