Latest news with #Chery
Time of India
an hour ago
- Automotive
- Time of India
China's Chery to supply tech to help India's JSW launch own EVs
China's Chery Automobile Co. will supply technology and components to billionaire Sajjan Jindal 's JSW Group to help launch a new-energy vehicle brand in India by 2027, according to people familiar with the matter. Under an agreement between the two companies, JSW will pay Chery a one-off technology transfer fee and recurring royalties, said the people, who asked not to be identified because the information is private. There is no equity arrangement, in line with India's restrictions on Chinese investment in strategic sectors. The deal will mark the first major passenger vehicle technology transfer from a Chinese automaker to an Indian company since border clashes between the two nations in 2020 snowballed into a bilateral spat. India has put up walls to prevent its neighbor from making big-ticket investments in the country. Chery and JSW disputed the accuracy of Bloomberg News's report in their responses and said the pact was for providing components. 'Chery will supply components of parts of models. JSW will assemble and produce under JSW brand in India,' the Chinese car maker said in an email. An emailed response from JSW mirrored Chery's comments and said 'the core technology will be developed in-house with the help of companies,' such as KPIT Technologies Ltd. and LTIMindtree Ltd. Deeply dependent India's nascent EV ecosystem is deeply dependent on Chinese supply chains - from rare earth magnets to lithium-ion cells. While China is also heavily scrutinizing overseas transfer of technologies in critical sectors like EVs and semi-conductors, several Indian companies including Exide Industries Ltd., Amara Raja and Tata AutoComp Systems Ltd. have licensing agreements and partnerships with Chinese cell pioneers like SVOLT Energy Technology Co. and Gotion High-tech Co. The closely held Chery, China's top passenger vehicle exporter for 22 consecutive years and its fourth-largest carmaker, has a presence in more than 100 countries and also has a joint venture with luxury marque Jaguar Land Rover, which is owned by India's Tata Motors Ltd. Chery is also said to be eying a Hong Kong initial public offering that could raise about $1.5 billion, Bloomberg News reported in May citing people familiar with the matter. But its pursuit of a successful listing has been complicated by its significant operations in Russia, where it became a top-selling brand. Shying away Some international banks are shying away, prompting Chery to scale back Russian operations and cease sales to sanctioned countries like Cuba and Iran. The royalty stream from JSW, in this backdrop, will boost its revenues and its international ambitions that include setting up a $1 billion factory in Turkey. Chery's portfolio spans electric cars and hybrids under brands such as iCar, Exeed, and Jetour. The company brings advanced electric powertrains, hybrid systems and intelligent cockpit tech — capabilities JSW will leverage to localize and scale production rapidly. JSW is reviewing several Chery models, particularly from the iCar sport utility range, to tailor for Indian consumers. The Indian conglomerate, that spans steel, new energy, infrastructure and paints, has been entering newer segments like cement and cars. The new EV brand will be wholly owned by JSW and operate independently of its existing MG Motor India Pvt. joint venture with China's SAIC Motor Corp., which will continue to sell vehicles in India under the MG badge, the people said. JSW is setting up facilities in the Indian state of Maharashtra where it will manufacture its own brand of passenger EVs from 2027, as well as a range of electric trucks and buses from next year, the people said. The JSW Group is also planning to increase its stake in its MG Motor joint venture by buying out more of SAIC's stake in the entity, Parth Jindal, director of JSW MG Motor India told a local newspaper earlier this month. The conglomerate has also finalized two licensing pacts with Chinese automakers, the report said, without giving further details.
Time of India
2 hours ago
- Automotive
- Time of India
China's Chery to supply tech to help India's JSW launch own EVs
China's Chery Automobile Co. will supply technology and components to billionaire Sajjan Jindal 's JSW Group to help launch a new-energy vehicle brand in India by 2027, according to people familiar with the matter. Under an agreement between the two companies, JSW will pay Chery a one-off technology transfer fee and recurring royalties, said the people, who asked not to be identified because the information is private. There is no equity arrangement, in line with India's restrictions on Chinese investment in strategic sectors. Explore courses from Top Institutes in Please select course: Select a Course Category Data Analytics MCA Degree Operations Management Data Science Project Management Technology Design Thinking Finance healthcare Healthcare Cybersecurity Product Management CXO others Management Public Policy PGDM Data Science Others Artificial Intelligence Leadership Digital Marketing MBA Skills you'll gain: Data Analysis & Visualization Predictive Analytics & Machine Learning Business Intelligence & Data-Driven Decision Making Analytics Strategy & Implementation Duration: 12 Weeks Indian School of Business Applied Business Analytics Starts on Jun 13, 2024 Get Details The deal will mark the first major passenger vehicle technology transfer from a Chinese automaker to an Indian company since border clashes between the two nations in 2020 snowballed into a bilateral spat. India has put up walls to prevent its neighbor from making big-ticket investments in the country. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Vinh Tan: Unsold Furniture Liquidation 2024 (Prices May Surprise You) Unsold Furniture | Search Ads Learn More Chery and JSW disputed the accuracy of Bloomberg News's report in their responses and said the pact was for providing components. 'Chery will supply components of parts of models. JSW will assemble and produce under JSW brand in India,' the Chinese car maker said in an email. An emailed response from JSW mirrored Chery's comments and said 'the core technology will be developed in-house with the help of companies,' such as KPIT Technologies Ltd. and LTIMindtree Ltd. Live Events Deeply dependent India's nascent EV ecosystem is deeply dependent on Chinese supply chains - from rare earth magnets to lithium-ion cells. While China is also heavily scrutinizing overseas transfer of technologies in critical sectors like EVs and semi-conductors, several Indian companies including Exide Industries Ltd., Amara Raja and Tata AutoComp Systems Ltd. have licensing agreements and partnerships with Chinese cell pioneers like SVOLT Energy Technology Co. and Gotion High-tech Co. The closely held Chery, China's top passenger vehicle exporter for 22 consecutive years and its fourth-largest carmaker, has a presence in more than 100 countries and also has a joint venture with luxury marque Jaguar Land Rover, which is owned by India's Tata Motors Ltd. Chery is also said to be eying a Hong Kong initial public offering that could raise about $1.5 billion, Bloomberg News reported in May citing people familiar with the matter. But its pursuit of a successful listing has been complicated by its significant operations in Russia, where it became a top-selling brand. Shying away Some international banks are shying away, prompting Chery to scale back Russian operations and cease sales to sanctioned countries like Cuba and Iran. The royalty stream from JSW, in this backdrop, will boost its revenues and its international ambitions that include setting up a $1 billion factory in Turkey. Chery's portfolio spans electric cars and hybrids under brands such as iCar, Exeed, and Jetour. The company brings advanced electric powertrains, hybrid systems and intelligent cockpit tech — capabilities JSW will leverage to localize and scale production rapidly. JSW is reviewing several Chery models, particularly from the iCar sport utility range, to tailor for Indian consumers. The Indian conglomerate, that spans steel, new energy, infrastructure and paints, has been entering newer segments like cement and cars. The new EV brand will be wholly owned by JSW and operate independently of its existing MG Motor India Pvt. joint venture with China's SAIC Motor Corp., which will continue to sell vehicles in India under the MG badge, the people said. JSW is setting up facilities in the Indian state of Maharashtra where it will manufacture its own brand of passenger EVs from 2027, as well as a range of electric trucks and buses from next year, the people said. The JSW Group is also planning to increase its stake in its MG Motor joint venture by buying out more of SAIC's stake in the entity, Parth Jindal, director of JSW MG Motor India told a local newspaper earlier this month. The conglomerate has also finalized two licensing pacts with Chinese automakers, the report said, without giving further details.
IOL News
13 hours ago
- Automotive
- IOL News
REVIEW: Jaecoo J7 SHS plug-in hybrid impresses with its advanced tech and refinement
The Jaecoo J7 SHS, at R689,900, costs just R10,000 more than the range-topping ICE version. Image: Supplied Call it a 'poor man's Range Rover' if you want, but I reckon the Jaecoo J7 is easily the best-looking Chinese SUV on the market right now. Those smooth, elegant contours and blocky stance combine to give it a classy presence on the road, but enough of the subjective stuff: the Chery-owned brand has just given you another reason to consider its midsize SUV. The new Jaecoo J7 SHS comes in as one of the country's most affordable plug-in hybrid models. At R689,900, it's undercut by only the R599,900 Chery Tiggo 7 CSH and BYD Sealion 6, which starts at R639,900 in base form. How the Jaecoo J7 SHS hybrid system works The J7 plug-in hybrid is powered by Chery's advanced new 'Super Hybrid System' (SHS). As a series-parallel hybrid, it combines the best of both worlds. This is because it can operate both as a parallel hybrid, in which both the petrol and electric motors power the vehicle at the same time for maximum performance, or as a series hybrid, wherein the petrol engine acts as a generator to charge the battery when it's running low. The J7 SHS can operate in series and parallel hybrid modes. Image: Supplied Video Player is loading. Play Video Play Unmute Current Time 0:00 / Duration -:- Loaded : 0% Stream Type LIVE Seek to live, currently behind live LIVE Remaining Time - 0:00 This is a modal window. Beginning of dialog window. Escape will cancel and close the window. Text Color White Black Red Green Blue Yellow Magenta Cyan Transparency Opaque Semi-Transparent Background Color Black White Red Green Blue Yellow Magenta Cyan Transparency Opaque Semi-Transparent Transparent Window Color Black White Red Green Blue Yellow Magenta Cyan Transparency Transparent Semi-Transparent Opaque Font Size 50% 75% 100% 125% 150% 175% 200% 300% 400% Text Edge Style None Raised Depressed Uniform Dropshadow Font Family Proportional Sans-Serif Monospace Sans-Serif Proportional Serif Monospace Serif Casual Script Small Caps Reset restore all settings to the default values Done Close Modal Dialog End of dialog window. Advertisement Video Player is loading. Play Video Play Unmute Current Time 0:00 / Duration -:- Loaded : 0% Stream Type LIVE Seek to live, currently behind live LIVE Remaining Time - 0:00 This is a modal window. Beginning of dialog window. Escape will cancel and close the window. Text Color White Black Red Green Blue Yellow Magenta Cyan Transparency Opaque Semi-Transparent Background Color Black White Red Green Blue Yellow Magenta Cyan Transparency Opaque Semi-Transparent Transparent Window Color Black White Red Green Blue Yellow Magenta Cyan Transparency Transparent Semi-Transparent Opaque Font Size 50% 75% 100% 125% 150% 175% 200% 300% 400% Text Edge Style None Raised Depressed Uniform Dropshadow Font Family Proportional Sans-Serif Monospace Sans-Serif Proportional Serif Monospace Serif Casual Script Small Caps Reset restore all settings to the default values Done Close Modal Dialog End of dialog window. Next Stay Close ✕ And this is what makes it more economical than a traditional PHEV, which can get thirsty after the battery is depleted. This is because in series hybrid mode, the petrol engine is operating in a more efficient range as it powers the battery, rather than directly driving the wheels, which the 150kW e-motor does with ease all on its own. Power is sent to the front wheels through a Dedicated Hybrid Transmission (DHT). Slam the right pedal, however, and both motors will power the wheels simultaneously, delivering combined outputs of 255kW and 525Nm. This results in somewhat spirited performance, with 0-100km/h coming up in a claimed 8.5 seconds, but because this vehicle is front-wheel drive, there is a bit of unwelcome torque steer. What's it like to drive? This J7 SHS is more of a comfortable-but-brisk cruiser than an outright performance vehicle, and I was impressed by its smoothness and quietness of its operation. The petrol engine was quiet and unobtrusive when called into action in series hybrid mode, and the driving experience was akin to a fully-electric vehicle. Thanks to its 18.3 kWh Lithium Iron Phosphate (LFP) battery, the J7 SHS can technically operate as a full EV if you plug it in regularly, with Jaecoo claiming an all-electric range of up to 90km and a combined range of over 1,200km, albeit under ideal conditions. Our vehicle automatically kicked into HEV mode when there was 20km of EV range remaining, and I decided to keep it uncharged to gauge how economical it would be as a regular hybrid. In a mixture of driving conditions, the Jaecoo sipped a very reasonable 6.6 litres per 100km. On-road refinement is impressive, as we've touched on, and the ride is acceptably comfortable on most roads, however it felt a little too firm for my liking over harsher surfaces. Another downside, in my book, was the artificial and unresponsive steering feel, but this shouldn't be a deal breaker for most buyers. Interior, features and practicality The interior takes a leaf out of Tesla's book, with almost all functions being operated via a huge 14.8-inch 'floating' central touchscreen, which incorporates wireless Android Auto and Apple CarPlay connectivity as well as built-in satnav. Most features can also be controlled via voice control. Thankfully, accessing the climate controls on the screen isn't too much of a pain as there is a permanent short cut at the bottom of the screen layout. Hope you like things digital! Image: Supplied Other features include a panoramic sunroof, eight-speaker Sony sound system, 50-watt wireless charger, 540-degree surround view camera, and a full suite of 16 driver assist features, including Adaptive Cruise Control, Auto Emergency Braking with Vehicle, Pedestrian and Bicycle Recognition, Forward Collision Warning, Blind Spot Detection and Rear Cross-Traffic Alert. The J7 SHS costs just R10,000 more than the range-topping Inferno petrol model and besides losing the all-wheel drive system, the hybrid only misses out on the most extravagant of features versus its sibling. Assuming you can live without a heated steering wheel and rear privacy glass. When it comes to rear legroom, the 4.5-metre-long J7 is average at best. Jumping into the back, I didn't feel cramped, but there wasn't much stretching space either. The boot is somewhat shallow, thanks to all the hybrid hardware, and this also means there is no spare wheel - which is worrying in the South African context. As for after-sales back-up, the J7 SHS is sold with a five-year or 75,000km service plan and seven-year or 200,000km warranty with the electric drive unit components covered for 10 years or 200,000km. The first owner also benefits from a 10-year or million-kilometre engine warranty and a 10-year, unlimited-kilometre battery pack warranty. VERDICT The Jaecoo J7 SHS is an impressive package. While many of the Chinese products powered by regular internal combustion engines have been criticised for lacking drivetrain refinement, the Jaecoo J7 1.6T included, hybrid models such as the Jaecoo SHS are taking things to the next level, while still offering compelling value. There are a few niggles, like an overly digitised cabin, a shallow boot, and no spare wheel. But in the greater scheme of things, it shows that the 'legacy' car manufacturers have a good reason to be concerned. IOL Motoring
Auto Car
19 hours ago
- Automotive
- Auto Car
Jaecoo 5: Evoque rival due imminently priced from £24,505
The Range Rover Evoque-rivalling Jaecoo 5 will go on sale this summer, priced from £24,505. The 5 will become the second model in the Chery-owned brand's UK range following the popular 7, which has amassed 8399 sales so far this year. At launch, the 5 will be powered by a 145bhp 1.6-litre turbocharged petrol engine. Details on the EV variant will follow in the 'coming weeks'. Visually, the Jaecoo 5 is a shrunken version of the 7, with near-identical front and rear end designs, but with a shorter wheelbase and a more raked roofline. The entry-level 5 comes with a 13.2in vertical touchscreen, wireless Apple CarPlay and Android Auto, and all-round parking cameras. The 5 will be sold in two trim levels: Pure and Luxury. Entry-level equipment includes a six-speaker audio system, six-way adjustable seats, and wireless Apple CarPlay and Android Auto. For £28,000, Luxury trim adds a panoramic roof, wireless phone charging, and heated and ventilated front seats.
Hi Dubai
a day ago
- Automotive
- Hi Dubai
Chery UAE Showcases Safety Milestones After Successful Crash Tests
Chery UAE, in partnership with AWR Group, has reaffirmed its unwavering commitment to driver and passenger safety with the exceptional performance of the Chery TIGGO 9 in recent Euro NCAP-standard crash testing. The results underscore the brand's philosophy that safety is a fundamental promise, not just another feature. In a full-frontal rigid barrier crash test conducted at Chery's state-of-the-art safety lab in China, the TIGGO 9 impacted a solid wall at 50 km/h, simulating one of the most severe real-world accident scenarios. The outcome: flawless structural integrity, no deformation of the A-pillar or door areas, and full deployment of the restraint system, including airbags and seatbelts. Both front and rear crash test dummies showed no critical injuries, attesting to the vehicle's superior occupant protection systems. TIGGO 9's performance is not limited to frontal collisions. It has previously undergone and passed Euro NCAP's mobile progressive deformable barrier (MPDB) and side mobile deformable barrier tests at 50 and 60 km/h, respectively. These tests mirror complex crash conditions from varying angles, and Chery's flagship SUV excelled in all, solidifying its five-star safety standing. This safety record is underpinned by cutting-edge engineering. The TIGGO 9 is built with a 'cage-style energy-absorbing space capsule' design, utilizing high-strength steel in 85% of its body, including 21% hot-formed steel with a tensile strength of 1300 MPa. An ultra-wide 1500mm front crash beam covers 78% of the vehicle's width, supported by three high-efficiency crash boxes. These enhancements ensure remarkable energy absorption and structural resilience under impact. Zaher Sabbagh, Director of Chery UAE, commented: 'At Chery, safety is a core design principle. We invest in engineering excellence and next-generation safety technologies not just to meet global standards, but to exceed them. These crash test results reaffirm our belief that safety should be the most luxurious feature in any vehicle.' Additionally, Chery has introduced industry-leading innovations such as a collision-induced subframe detachment system, allowing greater absorption space during accidents, and a bamboo-joint-inspired energy structure within the side protection system. The result is a seamless fusion of rigidity, flexibility, and smart energy dispersion throughout the chassis. Chery's forward-thinking approach is also evident in its integration of new energy vehicle (NEV) safety protocols. In the TIGGO 9, the battery management system cuts off power instantly upon impact, avoiding any risk of leakage, smoke, or fire, reinforcing the brand's vision for safe, intelligent electrification. Most recently, the TIGGO 9 was subjected to the ultimate crash test in Dubai, as Chery UAE invited media professionals and influencers to attempt to break through its chassis with heavy-duty drills, in vain, proving once more the car's resilience. As the automotive landscape continues to evolve rapidly, Chery continues to lead with integrity and innovation, ensuring that every model leaving its production lines is engineered to protect, inspire, and perform. News Source: Around the Clock Communications
