article thumbnail

Another Tesla price cut possible thanks to plummeting lithium prices

Teslarati

Several factors have likely helped push Chinese lithium to its meager price. Foremost, the Chinese government recently ended incentives for electric vehicles, which has slightly slowed their adoption in recent weeks. What do you think of the article? Do you have any comments, questions, or concerns?

Price 141
article thumbnail

Gotion to advance ahead on $2.4B battery plant in Michigan nearest nationwide safety evaluate

Baua Electric

But even so considerations over the situation and affect on trait of month, the primary complaint of the challenge has been the corporate’s ties to China. Volkswagen is the corporate’s greatest shareholder, with a 25 % stake. Gotion Inc. is a subsidiary of China-based Gotion Prime-Tech Co. Ford Motor Co. and China.

article thumbnail

Huawei’s smart car tech offers automakers route to China sales – ET Auto

Baua Electric

Huawei Technologies has two huge booths at this week’s event, and there are at least seven Chinese automakers touting its Qiankun installed in their cars as the most sophisticated advanced driving assistance system (ADAS) to date. ” said Evangelos Simoudis, an investor and corporate adviser.

China 52
article thumbnail

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. As initially reported by Reuters , the message from Ford corporate is clear. What do you think of the article? Do you have any comments, questions, or concerns? Shoot me an email at william@teslarati.com.

Ford 92
article thumbnail

Nepal new budget: removes tax hikes on EVs, waives renewal & road tax for 5 years

Electric Vehicles India

To encourage and promote electric vehicles and following the new budget, the Nepal Electricity Authority (NEA) has signed an MoU with a Chinese company Wanwang Digital Energy Corporation to install and maintain 50 electric vehicle charging stations across Nepal.

Nepal 103
article thumbnail

How the IBM PC Won, Then Lost, the Personal Computer Market

Cars That Think

And in 2005, the Chinese computer maker Lenovo Group purchased IBM's PC business. The product also had to attract corporate customers, although it was unclear how many of those there would be. Corporate users who did not want to rely on their company's centralized data centers began turning to these new machines.

Personal 145
article thumbnail

IBM’s Fall From World Dominance

Cars That Think

He was therefore perfectly positioned to be the author of the definitive corporate history of the company he used to work for, in a book entitled IBM: The Rise and Fall and Reinvention of a Global Icon , which was published in 2019 by MIT Press. Just how revolutionary was that for IBM? And the marketplace also began to compete based on price.

Personal 134