China Automotive Systems South American Unit Sales to Increase Approximately 200% In 2021
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WUHAN, China, April 15, 2021 /PRNewswire/
China Automotive Systems, Inc. (Nasdaq: CAAS) ( CAAS or the Company ), a leading power steering components and systems supplier in China, today announced that its joint venture, Brazil Henglong, expects an approximate 200% increase in its steering unit sales to its OEM customers in South America, primarily to Stellantis N.V., for the 2021 year.
Brazil Henglong has started to supply five new Stellantis vehicle models in 2021 increasing its total to 12 vehicle models. The Company supplies steering products for Stellantis s SUVs, pick-up trucks and sedans.
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Carbon is the crucial element for life as we know it, so understanding where it came from matters a lot if we hope to understand life in the universe. New research claims that the carbon that makes us came later in the formation of Earth. The idea and supporting evidence are reported in two studies, the first one published in Science Advances.
The Sun formed from a large cloud of gas and dust. In its early days, our star influenced this material to flatten out into a disk, from which eventually the planets would form. The material in said disk is altered, vaporized, and then condensed again. And here comes the issue – carbon would not condense again in a form that can be trapped in the fledgling Earth. Earth’s carbon would therefore have to have avoided the vaporization stage completely, coming from the interstellar medium – the material between stars.
Operator
Greetings, and welcome to the China Automotive Systems fourth-quarter 2020 conference call. [Operator instructions] I would now like to turn the conference over to your host, Mr. Kevin Theiss, investor relations. Please go ahead, sir.
Kevin Theiss
Investor Relations
Thank you, everyone for joining us today. Welcome to China Automotive Systems 2020 fourth quarter and annual conference call. Joining us today are Mr. Qizhou Wu, chief executive officer; and Mr.
Jie Li, chief financial officer of China Automotive Systems. They will be available to answer questions later in the conference call with the assistance of translation. Before we begin, I ll remind all listeners that throughout this call, we may make statements that may contain forward-looking statements. Forward-looking statements represent the company s estimates and assumptions only as of the date of this call.
Jian Xu; Xiao-Ping Xia; Qiang Wang; Christopher J. Spencer; Bin He .
Abstract:
The mechanisms and processes by which subducted slab interacted with mantle
plume remain controversial, as direct observation of such interaction is
difficult to impossible. Compositional heterogeneity of large igneous
provinces (LIPs) additionally makes plume-slab interaction hard to detect.
Oxygen isotopes are sensitive enough to trace the source of magmas. Here we
provide evidence for plume-slab interaction mainly based on in situ zircon
Hf-O isotope analyses, as well as whole-rock elemental and Sr-Nd-Hf isotope
analyses, on the Late Permian and Early Triassic A-type granites on the
margin of the Emeishan LIP in SW China. These granites show typical A-type