🧵🧵it confirms #DFM intends to push #Mengshi products on the high end of the civil market. The military products by Dongfeng had received high-visibility upon landing of the Shenzhou XIV spaceship, which recovery in extreme cold, dark and harsh conditions were Mengshi operated.
Full base under construction for #china#automobile#Mengshi brand by #Dongfeng Motor Corp.The 95,000 m2 facility, integrating built-in #photovoltaïcs, is associated to customer testing tracks. Dedicated to building off-road luxury #EVs, it is planned for operation in 2023. 🧵
🧵🧵🧵just as competitor, #CASC (China Aerospace Science and Technology Corp.)-developed Jielong 3 that had its first launch 2 days later. Development of KZ11 met delays attributed to innovative moves, including use of #compositematerials for over 90% of its rocket structure.
25 meters long, 78 tons KZ11 is a size-changing evolution of Expace’s KZ1/1A, with SSo (Sun Synchronous Orbit) payload raised from 200 kilos to 1 ton. Although it delivered a unique satellite on its maiden launch, the rocket targets micro-satellites constellations market... 🧵🧵
In the mist of a heated trade battle, #CASIC (#China#Aerospace Science and Industry Corp.) has proceded to first launch, from #Jiuquan (Neimenggu) launch base, of the #Kuaizhou (KZ) 11 solid-propellant model by its #Rocket Technology Co (Expace) subsidiary...🧵
🧵🧵🧵Pricing over 1 million RMB (140,000 USD) has been evoked for #Yangwang’s first model, corresponding to the luxury segment occupied by specialized start-up #Humanhorizons with its #HiPhi brand (end). More on #china#automotive on https://t.co/sPfNQyHZdc
Doing so, #BYD joins the race to high-end shopwindow brands in which many competitors (including #SAIC, #DFM, #FAW, #Changan and #Geely) have engaged, but does it with a bold positioning... 🧵🧵
#china#automotive#BYD is throwing its luxury card with the high-end brand it intends to launch, first evoked in May 2022: Yangwang, aiming at first deliveries in the first half of 2023, will begin with sale of an electric (as all BYD vehicles since March) off-road vehicle.🧵
🧵🧵In Zhejiang province, 3rd in the provincial ranking, four industrial clusters were selected:
Hangzhou Digital Security Industry Cluster,
Ningbo Magnetic Material Industry Cluster,
Ningbo Green Petrochemical Cluster and
Wenzhou Yueqing Electric Cluster.
On December 15, MIIT reported that it has selected 45 nationwide industrial clusters.
#china MIIT approved a third batch of 20 industrial clusters during a week-long selection process at the end of October 2022, with each province trying to be represented. 🧵
🧵🧵🧵🧵and #CASIC (China Aerospace Science and Industry Corp.) on the Commercial #Space market, with a first launch taking place two days after the maiden launch of CASIC’s #Kuaizhou (KZ) 11. Any bet on the winner ? ( end of the tweet )
🧵🧵🧵with SSO (Sun-Synchronous Orbit) payload raised from 150 kilos to 1.5 ton. It is also the second Chinese #rocket launched from the Sea, following the LM (#Long March) 11. Targeting the #satellites constellations market, it illustrates the heated competition between #CASC
🧵🧵The Sea launch of the solid propellant rocket, off Haiyang (Yantai prefecture) Space Port on Shandong’s coast, placed 14 micro-satellites in orbit. 32 meters long, 140 tons SD3 is a size-changing evolution of CALT’s SD1
World’s largest shaft boring machine rolled out : #china tunnel boring machine specialist launches on a new market segment linked to urban underground infrastructures development. https://t.co/VrXgTUWaj5
in a sector where rivals have already found partners including #geely for #baidu , and Baic and Sokon for #huawei .
Find more #chinainsights on #automotive and 8 other sectors of #chinaeconomy weekly by Sinopole expert Jean-François Dufour on https://t.co/sPfNQyZABM
The agreement should equally strengthen two potential strong challengers on the autonomous driving market. It associates NIO to a technology giant in an #EV market where the « connected » dimension is essential ; and associates Tencent to one of the « stars » among EV start-ups🧵
Earlier this month, #China#electricvehicles manufacturer NIO and Tencent have signed a strategic agreement for cooperation on « intelligent » and #autonomousdriving driving. The two partners will work on data storage and smart cockpit applications.
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