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One in six EVs sold in Europe will be made by Chinese makers by 2025, Fitch Solutions says

CN EV Post

Chinese cars are affordable, while Western manufacturers can't offer enough electric vehicles, Fitch Solutions said. The post One in six EVs sold in Europe will be made by Chinese makers by 2025, Fitch Solutions says appeared first on CnEVPost. For more articles, please visit CnEVPost.

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Panasonic’s battery unit misses annual profit estimate – ET Auto

Baua Electric

Chinese battery makers grew faster than rivals to account for more than two-thirds of global EV battery capacity last year, according to data from consultancy Counterpoint Research. Automotive battery manufacturers have been hit by slowing growth in EV demand in the United States and Europe and cut-throat competition in China.

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Samsung SDI opens battery R&D center in Shanghai

CN EV Post

A new research lab under the center will focus on discovering new functional and affordable materials. The R&D center will focus on building partnerships with Chinese universities and research institutes to secure core battery technologies, according to a report by Korea JoongAng Daily on April 2. percent and 5.5

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Asian EV Manufacturers You Should Know

Clean Fleet Report

Some Are Coming to the USA; Some Are Here This article may contain affiliate links. A number of dealerships have already sprung up across Europe, so it’s possible BYD cars could soon become a more common sight in the West. Zhidou Zhidou is a Chinese manufacturer of electric microcars. Asia’s EV market is growing rapidly.

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XPeng CEO says its software, AI upgrades to enter ‘super fast cycle’ – ET Auto

Baua Electric

Chinese electric vehicle (EV) maker XPeng on Thursday said its software and artificial intelligence training upgrades will enter a “super fast cycle” from May, and that it hopes use of its platform will expand to other Asian countries and Europe.

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OneD, Koch Modular partner to scale up silicon-graphite EV anode materials – ET Auto

Baua Electric

The company says the process also saves money for automakers seeking affordable EV models. Pluvinage said OneD is “already in negotiations” with customers to build a similar plant in Europe. push via the Inflation Reduction Act and moves in Europe to own more of the EV supply chain have helped make a U.S.

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Ford costs are ‘not competitive’ in China, announces sweeping changes

Teslarati

Now, Ford has unveiled yet another cost-cutting effort, this one aimed at making its Chinese offerings more competitive. Predominantly, Ford will reportedly be cutting 1,300 jobs in China, falling in line with Europe as the auto giant focuses its engineering skill in the United States while maintaining manufacturing centers in other regions.

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