Tag: China
Linglong tyres OE on China’s most expensive car
Positive experiences with original equipment tyres play an important role when it comes to choosing replacement tyres, and leading tyre makers therefore strive to gain approvals with OEMs. Linglong Tire recently scored a coup when FAW Group chose its tyres for what’s arguably China’s most expensive car, the Hongqi L5.
Cabot buys Chinese nanotube supplier for $115 million
On 6 January 2020, Cabot China Limited, a wholly owned subsidiary of Cabot Corporation agreed to buy Shenzhen Sanshun Nano New Materials Co., Ltd, a leading carbon nanotube (CNT) producer in China. The $115 million pricetag reportedly includes “liabilities and contingent payments”. According to the company, the move is designed to strengthen Cabot’s position in the high-growth batteries market, particularly in China, which is the largest and fastest growing electric vehicle market in the world.
Linglong car tyre plant commissioned
A ceremony was held on 11 January to officially inaugurate car tyre production at the Hubei Linglong Tire Co., Ltd. facility in Jingmen, China. The event was held in the same location where TBR tyre production was commissioned in December and was attended by nearly 600 guests.
New Mercedes-Geely JV is good for both, GlobalData
Following the announcement that Mercedes-Benz and Zhejiang Geely Holding Group have formally established the global joint venture (JV) ‘smart Automobile Co., Ltd’ for the Smart brand after receiving the necessary regulatory approvals, David Leggett, Automotive Editor at GlobalData, a leading data and analytics company, offers his view:
Bridgestone wins another Chinese design rights case
A court in China has ruled in Bridgestone Corporation’s favour in a design right infringement lawsuit against tyre makers Shandong Huasheng Rubber Co., Ltd. (Huasheng) and Shandong Hongsheng Rubber Co., Ltd. (Hongsheng).
Guizhou Tire begins $350 million construction project on two China factories
Guizhou Tire recently broke ground on two new tyre production facilities near the firm’s headquarters in Guizhou, Guiyang province. According to Asian Rubber Journal reports, when operational, the first - a $307 million plant - is expected to generate nearly $426 million annually. Capacity is salted to be 3 million truck tyres a year.
Car tyre production starts at Linglong’s new plant
Linglong Tire has begun making car tyres at its newest factory in China. These first Linglong Crosswind 4x4 HP tyres from the Hubei Linglong Tire Co. Ltd. car tyre plant in Jingmen were produced on 30 December, five weeks after the production of truck and bus radial tyres commenced. Company employees and local dignitaries were on hand to witness the occasion.
Linglong starts partnership with SGMW
Linglong Tire has entered into a cooperative agreement with Chinese car-making joint venture company SGMW. The new partnership commenced with the signing of a strategic cooperation framework agreement at SGMW’s headquarters on 30 December. Under the agreement, the two parties will collaborate on product design, development, application, quality assurance, cost optimisation and manufacturing over a long-term basis.
Linglong Tire working with Tencent Cloud, Huazhi Group on digital platform & manufacturing system
On 21 December, Linglong Tire signed a tripartite strategic agreement with Tencent Cloud and Shenzhen Huazhi Technology Group. The tyre maker hopes that this deal, signed by the three parties at Tencent’s global headquarters, will help it build a “global industrial service platform and intelligent retail platform.”
Michelin files suit against Chinese-made BFGoodrich “imposter”
Michelin’s North American operation has filed a suit against a company importing “counterfeit” tyres from China. The tyres in question are said to violate patents for the BFGoodrich All-Terrain T/A KO2.
Linglong Hubei TBR tyre plant officially opens
Several weeks after entering operation, TBR production at the Hubei Linglong Tire Co., Ltd. factory in Jingmen, China was officially commissioned yesterday. Linglong Tire reports that nearly 600 guests, including government and industry representatives, attended a ceremony to mark the occasion.
Hubei Linglong initiates truck tyre production
Hubei Linglong Tire Co. Ltd., Linglong Tire’s fourth domestic Chinese manufacturing base, celebrated the production of its first truck tyres on 21 November. Dignitaries from Jingmen, Hubei, China, and Hubei Linglong Tire witnessed this historical moment together.
Decennial shift in global PCLT tyre volume market share
The latest global tyre market share figures from tyre industry analyst Astutus Research show how long-established, leading players headquartered in Japan, Europe, and North America have seen their volume share diminish, while Chinese, ASEAN, and selected other markets’ tyre manufacturers’ share has risen. The analyst states that in aggregate, the ten leading PCLT tyre manufacturers based in Japan, Europe and North America (J-E-NA) have lost almost 6 percentage points of market share since the end of 2011 (OE and replacement segments combined, volumes in tyre units). In part this reflects a strategic choice of some to focus on the higher value premium segments of the market.
Work begins on Sailun JV test facility
Groundbreaking took place earlier this month for the China (Dongying) Intelligent Connected Vehicle (ICV) Test Site project, a joint venture between FAW Group, Dongying City and Sailun Group. The ceremony was attended by more than 200 people, including Sailun chief executive officer Yuan Zhongxue.
Goodyear takes first World Endurance win at Shanghai 4h
Goodyear has taken its first win since its return to international motorsport in 2019 at the third round of the 2019/20 FIA World Endurance Championship (WEC) in Shanghai. The Jota Sport Oreca of Roberto Gonzales, Anthony Davidson and Antonio Felix da Costa won after a race-long battle with its sister Goodyear-shod Jackie Chan DC Racing car of Ho-Pin Tung, Gabriel Aubry and Will Stevens. The Jota Sport triumph marked the first Goodyear win in an FIA World Championship race since Michael Schumacher and Ferrari in the 1998 Italian Grand Prix.