Transmission Technology

Total Page:16

File Type:pdf, Size:1020Kb

Transmission Technology WORKING PAPER 2018-15 Fuel-efficiency technology trend assessment for LDVs in China: Transmission technology Authors: Zifei Yang, Yong Chen, Aaron Isenstadt Date: 17 September 2018 Keywords: transmission technology, fuel efficiency, passenger car 1 Background Fuel eciency Fuel-consumption standards drive technologies down China’s use of fuel by the on- road sector and encourage the uptake of advanced vehicle-efficiency tech- Advanced Vehicle Thermal Hybrids and Transmissions nologies. Understanding the need for engines technology management electrifction a policy roadmap and long-term strat- egies to provide certainty for long- Figure 1 Categorization of fuel efficiency technologies in the working papers term fuel consumption, technology advancement, and potential compli- This series of technical working papers This research relies on information ance costs for manufacturers, China is aims to provide a comprehensive from publicly available sources, third- looking ahead to advance post-2020 understanding of the current availability, party databases, and information standards for light-duty vehicles. effectiveness, and future market from the participating partners. Our In its “Made in China 2025” strategic penetration of key fuel-efficiency approach includes: initiative (MIIT, 2015), China set a 2025 technologies that manufacturers are • A detailed literature survey, fleet efficiency target of 4 L/100 km likely to use in China by 2030. This including both Chinese and for passenger cars, a 20% decrease information enables a more accurate, global regulatory documents, from the 2020 target of 5 L/100 km. In China-specific understanding of future official announcements, and the Technology Roadmap for Energy technology pathways. industry and academic reports. Saving and New Energy Vehicles We group technologies into sev- published by the Society of Automo- • Analysis of databases from Polk eral categories: advanced engine, tive Engineers of China (SAE China, and Segment Y. transmission, vehicle technologies, 2016), a 2030 fleet efficiency target thermal management, and hybrids and • Conversations with manufactur- of 3.2 L/100 km was set. To evaluate electrification (Figure 1). The specific ers, tier one suppliers, research whether and how these targets can be technologies we considered include entities, and domestic and inter- met, it is essential to understand what those that are available today and national experts. technologies will be available within others that are under development the 2020-2030 timeframe and what For each key technology, we discuss and expected to be in production in the costs of applying those technolo- how it reduces passenger-car fuel the next 5-10 years. gies in the Chinese market will be. consumption, its effectiveness in Acknowledgments: The authors thank the Energy Foundation China for sponsoring this series of studies. We greatly appreciate valuable comments from Hui He (the ICCT) and Ameya Joshi (Corning). © INTERNATIONAL COUNCIL ON CLEAN TRANSPORTATION, 2018 WWW.THEICCT.ORG FUEL-EFFICIENCY TECHNOLOGY TREND ASSESSMENT FOR LDVS IN CHINA: TRANSMISSION TECHNOLOGY Manual Automatic reducing fuel consumption, and its 100% current level of application or poten- tial application in the China market. 90% Wherever applicable, we compare 80% technology trends in China with those in the United States and the European 70% Union to reflect potential technology 60% pathways in the long term. 50% This working paper assesses tech- nology progress and new develop- 40% ments in transmissions. 30% 20% 2 Introduction 10% Because of lower costs and fuel consumption, manual transmis- 0% sions (MTs) have been the main- 2007 2008 2010 2011 2012 2013 2014 2015 2016 2017 stream technology for decades in Market penetration of manual and automatic transmissions in China, China. However, MTs’ leading market Figure 2 2007-2017 share has eroded in recent years as demand for automatic transmissions to its most efficient speeds more pairs of concentric cones, with grew in response to an expanding of the time. This significantly infinite variability between the vehicle population and increasing reduces the efficiency gap. maximum and minimum gear city congestion. The market share • Dual-clutch transmissions ratios. The efficiency of the of MTs has decreased from a peak (DCTs) consist of two separate transmission is reduced by fric- of more than 70% in 2009 to 39% manual transmissions with odd- tional losses related to clamp- in 2017 (Figure 2). Today, automatic numbered gears on one shaft ing forces on the belt/chain transmissions account for the major- and even-numbered gears on a as well as the need for high- ity of new vehicle sales. second shaft. Each shaft has its pressure hydraulics. However, the system produces an infinite The automatic transmission (AT) own clutch, and the gear on one number of engine/wheel speed market is split among several types shaft is disengaged at the same time that the gear on the other ratios, allowing the engine to in China: shaft is engaged. This design always run at optimal speed/ • Conventional ATs traditionally approaches the efficiency of an load points, thus maximizing use a torque converter and a MT and offers the potential for engine efficiency. set of planetary gear sets. Shift- smooth and quick shifts without • Automated Manual Transmis- ing gear ratios is accomplished torque interruption. Because a sions (AMTs) are manual trans- through the hydraulic selection vehicle with a DCT must start missions that employ an electro- of a specific planetary gear set. moving while engaging one mechanical clutch actuator to Although the efficiency of an MT clutch, manufacturers use either automatically complete the shift. is generally higher than that of a a wet hydraulic clutch (wet DCT) AMTs combine the efficiency of hydraulic AT, advances in torque or an accumulator and high- MTs with the convenience of ATs converter lockup and hydraulics pressure hydraulic (dry DCT) to as the gears shift automatically. have improved the efficiency of improve launch performance. AMTs have been widely used on ATs. As the number of gear ratios • Continuously variable transmis- commercial vehicles in Europe. increases to six or more, ATs sions (CVTs) conventionally use Unlike DCTs, AMTs use a single allow an engine to operate closer a belt or a chain to connect two gear shaft. 2 INTERNATIONAL COUNCIL ON CLEAN TRANSPORTATION WORKING PAPER 2018-15 FUEL-EFFICIENCY TECHNOLOGY TREND ASSESSMENT FOR LDVS IN CHINA: TRANSMISSION TECHNOLOGY Table 1 shows fuel-consumption Table 1 Projected benefits and costs of considered transmission technologies benefits and costs for different Fuel-consumption Direct manufacturing transmission technologies based on reduction cost (CNY*) estimates by the U.S. National High- U.S. U.S. China China way Traffic Safety Administration estimate estimatea estimateb estimateb (NHTSA), Environmental Protection (2025)a Relative to Agency (EPA), and the China Auto- 6-speed MT 2.0%–2.5% 2.0% 1107 1800 5-speed MT motive Technology and Research 5-speed AT 1.1%-1.6% 448 4-speed AT Center (CATARC). It includes estima- 6-speed AT 1.7%–2.2% -70 4-speed AT tions of different types of transmis- 8-speed AT 6.4%–7.8% 5.74% 231 5500 4-speed AT sions, aggressive shift logic, early -1126 (dry) torque converter lockup, and high- 6-speed DCT** 5.7%–8.1% 4-speed AT efficiency gearbox. -794 (wet) 4% 1700 -154 (dry) As Table 1 shows, DCTs tend to 8-speed DCT** 9.7%–12.6% 4-speed AT -179 (wet) exhibit higher cost-effectiveness CVT 6.0%–8.7% 3.75% — 1200 4-speed AT in both U.S. and Chinese estimates Aggressive shift as they generate significant benefit 5.1%–7.0% 141 No ASL logic(ASL) while costing less than a conventional Early torque No early torque 4-speed AT (4AT). MTs consume less 0.4%–0.5% 128 converter lockup converter lockup energy than automatics, but ATs High-efficiency No high-efficiency 4.3%–5.7% 1043 select the optimum gear ratio at all gearbox gerabox times. So switching from a manual to an automatic with more gear ratios— * Exchange rate between USD and CNY is 1:6.4 ** Fuel consumption reduction estimation includes impact of AMT particularly a DCT—can offset the a U.S. EPA and NHTSA, 2012 advantage of a conventional MT and b CATARC, 2017 lead to greater fuel efficiency overall. Others MT AT 3 Current status 2% 4AT 3% Most ATs and CVTs today have adopted torque converter lockup AT to reduce fuel consumption by low- 8AT 3% MT 33% ering the loss of power transfer 39% 5AT 9AT through the fluid inside the torque 6AT 25% 1% 1% converter and from slippage during CVT DCT rapid acceleration. Despite differ- DCT ent transmission control strategies, CVT 12% 5MT 33% 14% the lockup is usually triggered at 7DCT 9% higher speeds. At lower vehicle 6MT 6% CVT 14% 6DCT 2.3% speeds, torsional energy is harder to dampen, and it can create shak- Figure 3 Market penetration of transmission by type among passenger cars in 2017 ing or shuddering as it passes through the vehicle. Thus, early Atenza is mated with a 6-speed According to Table 1, ATs with torque converter lockup requires automatic transmission (6AT) with aggressive shift logic (ASL) could upgraded materials to withstand early torque converter lockup. This also significantly improve fuel effi- higher loads (Isenstadt, German, expands the lockup range from ciency compared with conventional Burd, and Greif, 2016). Only a few 64% on current 5ATs to 89% over ATs without ASL. ASL increases models enable lockup at lower the New European Drive Cycle efficiency through downspeeding, speeds. For example, the Mazda (NEDC) (Mazda, 2018). which enables earlier upshift—at WORKING PAPER 2018-15 INTERNATIONAL COUNCIL ON CLEAN TRANSPORTATION 3 FUEL-EFFICIENCY TECHNOLOGY TREND ASSESSMENT FOR LDVS IN CHINA: TRANSMISSION TECHNOLOGY lower rpm during acceleration—and Others AT DCT CVT MT Others shift optimization. This requires con- 2% 100% stant monitoring of all gear options and selecting the gear that puts the AT 80% 15% engine in the most efficient operat- 60% ing zone.
Recommended publications
  • SAIC MOTOR CORPORATION LIMITED Annual Report 2016
    SAIC MOTOR ANNUAL REPORT 2016 Company Code:600104 Abbreviation of Company: SAIC SAIC MOTOR CORPORATION LIMITED Annual Report 2016 Important Note 1. Board of directors (the "Board"), board of supervisors, directors, supervisors and senior management of the Company certify that this report does not contain any false or misleading statements or material omissions and are jointly and severally liable for the authenticity, accuracy and integrity of the content. 2. All directors attended Board meetings. 3. Deloitte Touche Tohmatsu Certified Public Accountants LLP issued standard unqualified audit report for the Company. 4. Mr. Chen Hong, Chairman of the Board, Mr. Wei Yong, the chief financial officer, and Ms. Gu Xiao Qiong. Head of Accounting Department, certify the authenticity, accuracy and integrity of the financial statements contained in the annual report of the current year. 5. Plan of profit distribution or capital reserve capitalization approved by the Board The Company plans to distribute cash dividends of RMB 16.50 (inclusive of tax) per 10 shares, amounting to RMB 19,277,711,252.25 in total based on total shares of 11,683,461,365. The Company has no plan of capitalization of capital reserve this year. The cash dividend distribution for the recent three years accumulates to RMB48,605,718,485.39 in total (including the year of 2016). 6. Risk statement of forward-looking description √Applicable □N/A The forward-looking description on future plan and development strategy in this report does not constitute substantive commitment to investors. Please note the investment risk. 7. Does the situation exist where the controlling shareholders and their related parties occupy the funds of the Company for non-operational use? No.
    [Show full text]
  • BAIC Motor 2016 Annual Results Announcement 北京汽车股份有限公司2016年度业绩推介材料
    BAIC Motor 2016 Annual Results Announcement 北京汽车股份有限公司2016年度业绩推介材料 2017.03 Hong Kong Stock Code: 1958.HK Statement This demonstration film and the information it contained do not constitute suggestions on the trading of any securities of BAIC Motor Corporation Ltd. (“the Company”) or offers on the trading of any Company securities, and do not constitute foundation or basis of any contract or commitment. As for the fairness, accuracy, completeness or correctness of the information or suggestions contained in this demonstration film, we do not make any explicit or inexplicit statement or guarantee, and shall not rely on the above-mentioned information or suggestions. As for the losses arising from using this demonstration film or its contents, or other reasons related to this demonstration film, regardless of the nature, the Company and any of its consultant or representative do not undertake any responsibilities or obligations (be it due to negligence or other reasons). Information contained in this demonstration film may be updated, reorganized, modified, verified and revised and the above-mentioned information may be subject to significant changes. This presentation contains predictive statements regarding the Company's financial condition, operating performances and business, and certain plans and objectives of the Company's management, which can involve predictable and unpredictable risks, uncertainties and other factors, and these risks, uncertainties and other factors can possibly lead to significant differences between the actual future performances of the Company and those explicitly or inexplicitly expressed in the above-mentioned predictive statements. The above predictive statements are based on the Company's current and future business strategies and various assumptions based on the political and economic environment in which the Company will conduct business in the future.
    [Show full text]
  • 2017 Passenger Vehicles Actual and Reported Fuel Consumption: a Gap Analysis
    2017 Passenger Vehicles Actual and Reported Fuel Consumption: A Gap Analysis Innovation Center for Energy and Transportation December 2017 1 Acknowledgements We wish to thank the Energy Foundation for providing us with the financial support required for the execution of this report and subsequent research work. We would also like to express our sincere thanks for the valuable advice and recommendations provided by distinguished industry experts and colleagues—Jin Yuefu, Li Mengliang, Guo Qianli,. Meng Qingkuo, Ma Dong, Yang Zifei, Xin Yan and Gong Huiming. Authors Lanzhi Qin, Maya Ben Dror, Hongbo Sun, Liping Kang, Feng An Disclosure The report does not represent the views of its funders nor supporters. The Innovation Center for Energy and Transportation (iCET) Beijing Fortune Plaza Tower A Suite 27H No.7 DongSanHuan Middle Rd., Chaoyang District, Beijing 10020 Phone: 0086.10.6585.7324 Email: [email protected] Website: www.icet.org.cn 2 Glossary of Terms LDV Light Duty Vehicles; Vehicles of M1, M2 and N1 category not exceeding 3,500kg curb-weight. Category M1 Vehicles designed and constructed for the carriage of passengers comprising no more than eight seats in addition to the driver's seat. Category M2 Vehicles designed and constructed for the carriage of passengers, comprising more than eight seats in addition to the driver's seat, and having a maximum mass not exceeding 5 tons. Category N1 Vehicles designed and constructed for the carriage of goods and having a maximum mass not exceeding 3.5 tons. Real-world FC FC values calculated based on BearOil app user data input.
    [Show full text]
  • CHINA FIELD TRIP May 10Th –12Th, 2011
    CHINA FIELD TRIP May 10th –12th, 2011 This presentation may contain forward-looking statements. Such forward-looking statements do not constitute forecasts regarding the Company’s results or any other performance indicator, but rather trends or targets, as the case may be. These statements are by their nature subject to risks and uncertainties as described in the Company’s annual report available on its Internet website (www.psa-peugeot-citroen.com). These statements do not reflect future performance of the Company, which may materially differ. The Company does not undertake to provide updates of these statements. More comprehensive information about PSA PEUGEOT CITROËN may be obtained on its Internet website (www.psa-peugeot-citroen.com), under Regulated Information. th th China Field Trip - May 10 –12 , 2011 2 PSA in Asia – Market Forecast, PSA in China: ongoing successes and upsides Frédéric Saint-Geours Executive VP, Finance and Strategic Development Grégoire Olivier, Executive VP, Asia Table of contents Introduction China: the new auto superpower China: a global economic power The world’s largest automotive market The growth story is set to continue PSA in China China: a second home market for PSA 2 complementary JVs Key challenges in China and PSA differentiation factors A sustainable profitable growth Extending the Chinese Success ASEAN strategy Capturing the Indian opportunity th th China Field Trip - May 10 –12 , 2011 4 PSA – a global automotive player (1/2) > 39% of PSA’s 2010 sales are realized outside of Europe, of
    [Show full text]
  • Development & Policy Forecast for Global and Chinese NEV Markets
    Development & Policy Forecast for Global and Chinese NEV Markets in 2021 Invited by China EV 100, officials and experts from domestic and foreign government agencies, industry associations, research institutions and businesses attended the 7th China EV 100 Forum in January 15-17, 2021. The summary below captures the observations and insight of the speakers at the forum on the industry trend and policy forecast in the world and China in 2021. Ⅰ. 2021 Global & China Auto Market Trend 1. In 2021, the global auto market may resume growth, and the NEV boom is set to continue. 2020 saw a prevalent downturn of the auto sector in major countries due to the onslaught of COVID-19, yet the sales of NEVs witnessed a spike despite the odds, with much greater penetration in various countries. The monthly penetration of electric vehicles in Germany jumped from 7% to 20% in half a year and is expected to hit 12% in 2020, up 220% year on year; Norway reported an 80% market share of EVs in November, which is projected to exceed 70% for the whole year, topping the global ranking. Multiple consultancy firms foresee a comeback of global sales growth and a continuance of NEV boom in 2021 as coronavirus eases. 2. China's auto market as a whole is expected to remain stable in 2021, 1 with a strong boost in NEV sales. In 2020, China spearheaded global NEV market growth with record sales of 1.367 million units. The Development Research Center of the State Council expects overall auto sales to grow slightly in 2021, which ranges 0-2%.
    [Show full text]
  • Geely Automobile Holdings (175 HK)– BUY HKD12.00 Key Trends in China’S PV Market Over the Next Three Years: 1
    Sector Initiation Hong Kong ! 5 May 2017 Consumer Cyclical | Automobiles & Components Neutral Automobiles & Components Stocks Covered: 3 Competition In The New Era Ratings (Buy/Neutral/Sell): 1 / 2 / 0 We expect growth in China’s PV market to slow to 5%/3% in 2017/2018 Top Pick Target Price respectively, due to diminishing effects of purchase tax cuts. We see three Geely Automobile Holdings (175 HK)– BUY HKD12.00 key trends in China’s PV market over the next three years: 1. Local brands to expand market share; 2. EV sales to grow at a higher pace vs fuel cars; 3. SUVs to continue to lead the market. China’s PV sales and growth rate on the uptrend Our sector Top Pick is Geely on its improved model portfolio and good synergy with Volvo. We also initiate coverage on BYD and GWM with NEUTRAL recommendations. Our sector call is NEUTRAL. We initiate coverage on China’s auto manufacturers with a NEUTRAL weighting. We expect passenger vehicles and minibus (collectively known as PV) sales in 2017/2018 to grow by 5%/3% respectively, slowing from 7%/15% registered in 2015/2016 respectively. This is as due to the diminishing effects of purchase tax discounts on cars with 1.6L displacement and below, to 25% starting 2017 from 50% in Oct 2015. Note that part of 2017’s PV sales were pre- sold in 2016, and part of PV sales in 2018 would be partially pre-sold in 2017. Solid growth expected in various segments, such as sport utility vehicles (SUVs), electric vehicles (EVs), smart vehicles, cars with displacements above 1.6L, premium brands, price-insensitive auto buyers, and in areas such as lower- Source: China Passenger Car Association (CPCA) tier cities.
    [Show full text]
  • Guangzhou Automobile Group
    China / Hong Kong Company Guide Guangzhou Automobile Group Version 6 | Bloomberg: 2238 HK Equity | 601238 CH Equity | Reuters: 2238.HK | 601238.SS Refer to important disclosures at the end of this report DBS Group Research . Equity 7 May 2019 Japanese JCEs leading growth H: BUY Last Traded Price (H) ( 7 May 2019):HK$8.14(HSI : 29,363) More clarity on JVs future strategy. Guangzhou Auto (GAC) and its Price Target 12-mth (H):HK$9.60 (17.9% upside) (Prev HK$17.86) Japanese JCE partners have agreed on key priorities to grow the business. The medium-term plans include capacity expansion and new A: HOLD model development (both traditional and new energy vehicles). Last Traded Price (A) ( 7 May 2019):RMB11.61(CSI300 Index : 3,721) Price Target 12-mth (A):RMB11.30 (2.7% downside) (Prev RMB21.71) Another key factor is that both partners have agreed to maintain the current shareholding structure, hence removing uncertainties. The Analyst Rachel MIU+852 36684191 [email protected] Japanese auto brands have gained market share from 15.6% in December 2016 to 19% in February 2019 aided by their product What’s New range, pricing, and proactive business strategy. Despite the tough • More clarity on development of Japanese JCEs, key 1Q19 auto market, GAC’s Japanese JCEs managed to chalk up strong earnings driver in the future volume sales growth and decent profit contributions to the group. • Self-brand going through short-term adjustment and Where we differ? We expect normalisation of Trumpchi sales to have should start to normalise in 2H19 a meaningful impact on earnings, on anticipation of a recovery in • Maintain BUY, TP revised down slightly to HK$9.60 the PV market in 2H19.
    [Show full text]
  • 2333 a Share Stock Code: 601633
    (a joint stock company incorporated in the People's Republic of China with limited liability) H Share Stock Code: 2333 A Share Stock Code: 601633 * For identification purpose only IMPORTANT NOTICE I. The Board, the Supervisory Committee and the directors, supervisors and senior management of the Company warrant that the contents of this annual report are true, accurate and complete and do not contain any false representations, misleading statements or material omissions, and jointly and severally take legal liability for its contents. II. All the directors of the Company attended the Board meeting. III. Deloitte Touche Tohmatsu Certified Public Accountants LLP has issued the standard audited report for the Company without qualified opinion. The financial information in the annual report was prepared in accordance with China Accounting Standards for Business Enterprises and the relevant laws and regulations. IV. Wei Jian Jun, person-in-charge of the Company, Li Hong Shuan, person-in-charge of the accounting affairs and Lu Cai Juan, person-in-charge of the accounting department (head of the accounting department), declare that they warrant the truthfulness, accuracy and completeness of the financial report in this annual report. V. Proposal of profit distribution or capitalization of capital reserve during the Reporting Period reviewed by the Board As audited by Deloitte Touche Tohmatsu Certified Public Accountants LLP, the net profit of the Group and net profit attributable to shareholders of the Company in 2020 amounted to RMB5,362,490,194.32 and RMB5,362,490,194.32 respectively. The Company has implemented the profit plan for the first three quarters of 2020, pursuant to which it distributed a cash dividend of RMB0.28 (tax inclusive) per share to all shareholders, with a total cash dividend of RMB2,569,266,924.00 (tax inclusive) distributed.
    [Show full text]
  • Poland Regional Cities-Comfort-Vehicle-List
    Make Model Year Oldsmobile 19 Oldsmobile Alero Oldsmobile Aurora Oldsmobile Bravada Oldsmobile Cutlass Supreme Oldsmobile Intrigue Oldsmobile Silhouette Dodge Attitude Dodge Avenger 2013 Dodge Caliber Dodge Caravan 2015 Dodge Challenger Dodge Charger 2013 Dodge Dakota Dodge Dart 2015 Dodge Durango 2013 Dodge Grand Caravan 2015 Dodge Intrepid Dodge JCUV Dodge Journey 2013 Dodge Magnum 2013 Dodge Neon 2015 Dodge Nitro 2013 Dodge Ram 1500 Dodge Ram 2500 Dodge Ram 3500 Dodge Ram 4500 Dodge Ram 700 Dodge Ram Van 2015 Dodge Sprinter Dodge Stratus 2015 Dodge Stretch Limo Dodge Viper Dodge Vision Dodge i10 Land Rover Defender 2013 Land Rover Discovery 2013 Land Rover Freelander 2013 Land Rover Freelander 2 Land Rover LR2 Land Rover LR3 Land Rover LR4 Land Rover Range Rover 2013 Land Rover Range Rover Evoque 2013 Land Rover Range Rover Sport 2013 Land Rover Range Rover Velar 2013 Land Rover Range Rover Vogue 2013 Chevrolet Agile Chevrolet Astra 2015 Chevrolet Astro Chevrolet Avalanche 2013 Chevrolet Aveo Chevrolet Aveo5 Chevrolet Beat Chevrolet Blazer Chevrolet Bolt Chevrolet CMV Chevrolet Camaro Chevrolet Caprice Chevrolet Captiva 2013 Chevrolet Cavalier Chevrolet Celta Chevrolet Chevy Chevrolet City Express Chevrolet Classic Chevrolet Cobalt 2015 Chevrolet Colorado Chevrolet Corsa Chevrolet Corsa Sedan Chevrolet Corsa Wagon Chevrolet Corvette Chevrolet Corvette ZR1 Chevrolet Cruze 2015 Chevrolet Cruze Sport6 Chevrolet Dmax Chevrolet Enjoy Chevrolet Epica 2013 Chevrolet Equinox 2013 Chevrolet Esteem Chevrolet Evanda 2013 Chevrolet Exclusive Chevrolet
    [Show full text]
  • Brochure Emgrand 7 2019 Copy CL
    EVERYTHING YOU’LL NEED AND MORE ExploreANewWorld Geely, is a leading automotive company that prides in providing affordable, safe, energy efficient and environment-friendly cars. A flawless fusion of European technology and Chinese production has made Geely feature in the Fortune Global 500 list of companies. A fully integrated independent auto firm, Geely Emgrand is committed to quality and excellence at every stage, right from design, research and development to production, distribution and servicing. The all new Geely Emgrand 7 redefines your driving experience in a whole new way, giving you everything you need. And then some more. Style with its sleek new elegant design, comfort with enhanced features, performance with its powerful features at a price that makes it all the more exciting! Designed to exceed expectations, it's a whole new way to explore your world. IT’S THE RIPPLE EFFECT! Explore a whole new upper grille that embodies the natural beauty of a water ripple to make the front end of the Emgrand 7 look stylish, authoritative and bold. DAZZLE THE WORLD! With 9 dazzling LED lights, let the world take notice of you. Its crystal diamond daytime running lights come with a blade-type advanced shape, ready to make heads turn anywhere you go. LIKE THE EYE OF AN EAGLE! Light up the roads with the eagle-eye headlights in the Emgrand 7. It’s sharper, better and ready to announce your arrival. MULTI-TASKING MADE EASY! Its D-shape, leather steering wheel is mounted with the audio controls, cruise control and Bluetooth so that you can use them all without taking your eyes off the road.
    [Show full text]
  • CHINA CORP. 2015 AUTO INDUSTRY on the Wan Li Road
    CHINA CORP. 2015 AUTO INDUSTRY On the Wan Li Road Cars – Commercial Vehicles – Electric Vehicles Market Evolution - Regional Overview - Main Chinese Firms DCA Chine-Analyse China’s half-way auto industry CHINA CORP. 2015 Wan Li (ten thousand Li) is the Chinese traditional phrase for is a publication by DCA Chine-Analyse evoking a long way. When considering China’s automotive Tél. : (33) 663 527 781 sector in 2015, one may think that the main part of its Wan Li Email : [email protected] road has been covered. Web : www.chine-analyse.com From a marginal and closed market in 2000, the country has Editor : Jean-François Dufour become the World’s first auto market since 2009, absorbing Contributors : Jeffrey De Lairg, over one quarter of today’s global vehicles output. It is not Du Shangfu only much bigger, but also much more complex and No part of this publication may be sophisticated, with its high-end segment rising fast. reproduced without prior written permission Nevertheless, a closer look reveals China’s auto industry to be of the publisher. © DCA Chine-Analyse only half-way of its long road. Its success today, is mainly that of foreign brands behind joint- ventures. And at the same time, it remains much too fragmented between too many builders. China’s ultimate goal, of having an independant auto industry able to compete on the global market, still has to be reached, through own brands development and restructuring. China’s auto industry is only half-way also because a main technological evolution that may play a decisive role in its future still has to take off.
    [Show full text]
  • Chinese Investment in Europe: Corporate Strategies and Labour Relations
    European Trade Union Institute Bd du Roi Albert II, 5 1210 Brussels Belgium +32 (0)2 224 04 70 [email protected] www.etui.org Chinese investment in Europe: corporate strategies and labour relations Edited by Jan Drahokoupil Chinese investment in Europe: China’s global outward foreign direct investment (FDI) has increased substantially over the corporate strategies last decade, with Europe as a key destination. The upsurge in Chinese outward FDI indicates a rebalancing of global political-economic relations, with China and its companies acquiring new and labour relations roles and gaining economic power. — Bringing together research on the rise of Chinese multinational companies and their activities in Europe, this book focuses on the business strategies of Chinese investors and on employment Edited by relations in Chinese-owned companies in Europe. It addresses the topic on three levels: it Jan Drahokoupil analyses the emergence of major ‘challenger multinationals’ that have risen from a peripheral position to become global market leaders, maps the patterns of Chinese investment in Europe, and includes case studies that show the diversity of these investments. The book aims to provide a holistic overview of Chinese activities in Europe, with individual chapters focusing on key sectors and covering the dierent types of investment across the continent. Chinese investment in Europe: in Europe: Chinese investment relations and labour strategies corporate by Jan Drahokoupil Edited D/2017/10.574/16 ISBN: 978-2-87452-454-7 Chinese investment in Europe: corporate strategies and labour relations Chinese investment in Europe: corporate strategies and labour relations — Edited by Jan Drahokoupil Brussels, 2017 © Publisher: ETUI aisbl, Brussels All rights reserved Print: ETUI Printshop, Brussels D/2017/10.574/16 ISBN: 978-2-87452-454-7 (print version) ISBN: 978-2-87452-455-4 (electronic version) The ETUI is financially supported by the European Union.
    [Show full text]