China's self-developed hydraulic modules to promote hybrid vehicle development

STORY: China's self-developed hydraulic modules to promote hybrid vehicle development DATELINE: May 16, 2022 LENGTH: 00:01:10 LOCATION: CHONGQING, China CATEGORY: TECHNOLOGY SHOTLIST: various of the production linesSOUNDBITE 1 (Chinese): ZHOU YONG, Chief expert of Chongqing Tsingshan Industrial Co., Ltd.various of the engineers workingSOUNDBITE 2 (Chinese): ZHOU YONG, Chief expert of Chongqing Tsingshan Industrial Co., Ltd. STORYLINE: A Chinese research team has developed home-grown seven-speed dual-clutch transmission (DCT) hydraulic modules, making a breakthrough in the production of the powertrain system of automobiles. SOUNDBITE 1 (Chinese): ZHOU YONG, Chief expert of Chongqing Tsingshan Industrial Co., Ltd. "Last year, we sold more than 300,000 such hydraulic modules. Compared with the technologies of other competitors, our product is more technologically advanced. Second, in terms of the cost, we've tried everything possible to reduce the cost to make the product cost-effective for our customer

China set to remain world's largest NEV market: BMW CFO

STORY: China set to remain world's largest NEV market: BMW CFO DATELINE: May 11, 2022 LENGTH: 00:02:13 LOCATION: Berlin CATEGORY: ECONOMY SHOTLIST: various of new energy vehiclesvarious of BMW production linesSOUNDBITE 1 (English): NICOLAS PETER, CFO and member of the Board of Management of BMW AGSOUNDBITE 2 (English): NICOLAS PETER, CFO and member of the Board of Management of BMW AG STORYLINE: China will continue to be the world's largest new energy vehicle (NEV) market for years to come, said Nicolas Peter, chief financial officer (CFO) and member of the Board of Management of BMW AG, in a recent exclusive interview with Xinhua. SOUNDBITE 1 (English): NICOLAS PETER, CFO and member of the Board of Management of BMW AG "China is already today as the world's largest NEV market in 2021. So last year we have seen the NEV sales in China growing by 170 percent on a year-on-year basis. The strong momentum continued in the first quarter, 2022 when the Chinese NEV market posted a nearly 140 percent growth despit