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BYD to Chinese Auto Industry: "Demolish the Old Legends" in the EV Race

The Truth About Cars

million units manufactured in 2022. Though enormous, BYD isn’t satisfied with dominating its home market and wants the rest of the Chinese electric auto industry to come with it. It’s unclear if BYD and others will be able to make inroads in the United States.

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Will the Japanese Auto Industry Completely Collapse?

My Electric Car

The Japanese auto industry is facing a potential demise due to its slow adoption of electric cars. However, the Japanese auto industry has been slow to adopt this technology, and has not been able to keep up with the competition from other countries. Add to that the huge debt burden already carried by the likes of Toyota.

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LG Energy Solutions & Hyundai team up for battery plant in the United States

Teslarati

LG Energy Solutions (LGES) and Hyundai teamed up to build a battery cell manufacturing plant in the United States. Hyundai Motor Group is focusing on its electrification efforts to secure a leadership position in the global auto industry. Each company holds a 50% stake in the joint venture for the U.S.-based

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ISU study finds large potential for biobased materials in auto industry, but with challenges

Green Car Congress

A study by researchers at Iowa State University has determined that the automotive industry has a very large potential to utilize biobased materials. However, they noted, there are also many challenges associated with the use of biobased parts in the auto industry. Cost to manufacture is one of the main considerations.

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EC rolls out CARS 2020 action plan for European auto industry

Green Car Congress

Antonio Tajani, Vice President of the European Commission in charge of Industry and Entrepreneurship, introduced the EC’s CARS 2020 Action Plan aimed at reinforcing the European automotive industry’s competitiveness and sustainability heading towards 2020. social impacts of restructuring. of around 16% of GDP to as much as 20% by 2020.

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Renault CEO calls for Auto European plan to protect against ‘onslaught of EVs from China’

Teslarati

Stellantis is another automaker seeking to strengthen its ties with China’s auto industry. Tesla highlights Giga Shanghai automation and production cycle time China isn’t Europe’s only rival in the ever-growing auto industry, either. Last year, it signed a supply agreement with Chinese battery supplier CATL.

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USABC awards $3.5M low-cost/fast-charge battery technology development contract to Zenlabs Energy

Green Car Congress

The United States Advanced Battery Consortium LLC (USABC) awarded a $3.5-million USABC is a subsidiary of the United States Council for Automotive Research LLC (USCAR). The goal of USCAR is to further strengthen the technology base of the domestic auto industry through cooperative research and development.

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