Baua Electric

FEBRUARY 29, 2024

“World over, the industry is building resilient supply chains by reducing overdependence on any particular country or geography,” said Shradha Suri Marwah, president of ACMA. Automakers and their suppliers are likely to make this investment between FY24 and FY28, industry body Automotive Component Manufacturers Association ( ACMA ) said.

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Baua Electric

APRIL 28, 2024

Chinese state media reported that he met Premier Li Qiang in Beijing, during which Li told Musk that Tesla’s development in China could be regarded as a successful example of U.S.-China China economic and trade cooperation. “It is good to see electric vehicles making progress in China.

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Baua Electric

APRIL 26, 2024

It’s taken Huawei just four years to become a force in smart car technology , navigating the devastation of trade sanctions on its smartphones business while simultaneously developing a driver assistance system that is the darling of the Beijing auto show. ” said Evangelos Simoudis, an investor and corporate adviser.

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Baua Electric

APRIL 25, 2024

Both Tencent, a gaming and social media giant and Baidu, China’s leading search engine, have been leaders in the country’s generative AI race. Just a few years ago, Japanese car companies were some of the most prominent foreign brands in China. It saw its sales in China fall 1.7%

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Baua Electric

APRIL 25, 2024

But other Chinese automakers, including state-run companies that were later entrants to the EV race, have closed the gap on sub-USD 10,000 EVs at the Beijing auto show that began Thursday. Last year, BYD shocked the automotive industry with the release of its Seagull EV, now priced under USD 10,000, at the Shanghai auto show.

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Baua Electric

APRIL 29, 2024

automaker won a key endorsement that coincided with his trip – from a top Chinese auto association which said Tesla’s Model 3 and Y cars were among models found to be compliant with China’s data security requirements. Its features include self-parking, auto lane changes and traffic navigations. WHAT IS FSD?

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Baua Electric

APRIL 28, 2024

This came close on the heels of Tesla introducing fresh incentives in the world’s largest auto market to attract consumers. Tesla CEO Elon Musk ‘s surprise visit to China has proven to be a strategic move yielding significant results. This is according to the China Association of Automobile Manufacturers. Tesla Inc.’s

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Baua Electric

MARCH 18, 2024

An alternative energy startup in Malaysia is ready to help electric-vehicle makers source a key ingredient outside of China — using agriculture waste to create graphite. However, Graphjet’s production offers EV makers an alternative source to China, which accounts for 90% of the synthetic variety. million metric tons by 2030.

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Baua Electric

MARCH 18, 2024

China is falling short when it comes to decarbonising its huge steel industry, with slowing demand, low recycling rates and lingering overcapacity concerns hindering the transition towards lower-emission production, researchers said on Tuesday. But the share of EAF-produced steel stood at just 10% last year, inching up from 9.7%

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Baua Electric

JANUARY 31, 2024

The world’s largest EV battery maker has been faced with challenges from smaller rivals and slowing demand in China, which is the largest market for electric vehicles. Last year, CATL made up 43.11% of its home market, as measured by battery installations in China-made EVs, down from 48.2% billion yuan and 45.5 billion), up 38.3-48.1%

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Baua Electric

MAY 9, 2024

Automotive battery manufacturers have been hit by slowing growth in EV demand in the United States and Europe and cut-throat competition in China. Panasonic Energy faces fierce competition from other Asian battery makers such as China’s CATL and South Korea’s LG Energy Solution. billion yen (USD 570.18

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Baua Electric

FEBRUARY 2, 2024

New Delhi: Continental Tire, the tyre manufacturing arm of the Continental Group, has estimated the tyre industry in India might double by 2030. This industry should double the revenues by 2030,” Samir Gupta , MD of Continental Tires India, told ETAuto on the side-lines of Bharat Mobility Expo 2024.

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Baua Electric

APRIL 27, 2024

Seoul, South Korea’s top carmaker Hyundai Motor and its affiliate Kia said on Sunday that they have inked an agreement with China’s tech giant Baidu to develop technologies for connected cars. The agreement came amid the growing market for connected cars in China.

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Baua Electric

MARCH 15, 2024

That’s been the thinking of leaders from developed countries, who’ve been seeking ways to China-proof the market for lithium , the light metal that’s essential for high-performance rechargeable power packs. The global lithium industry is so interwoven with Chinese capital now that it’s going to be impossible to unpick. and Tesla Inc.

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Baua Electric

APRIL 24, 2024

Huawei said in November that the unit would be spun off into a new company which will receive the unit’s core technologies and resources and take investment from partners such as automaker Changan Auto.

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Baua Electric

MARCH 13, 2024

Swapping could help to ease the strain on power grids at peak times when drivers recharge, but industry analysts and executives expect it would only become feasible if batteries become more standardised. auto maker Tesla kicked off a price war last year. The company currently buys most of its batteries from CATL.

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Baua Electric

APRIL 12, 2024

China’s top trade official warned the European Union against protectionism on Friday, saying Beijing was puzzled by EU probes into green tech exports and the bloc’s concerns they threaten the domestic solar panel, wind turbine and electric vehicle industries.

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Teslarati

DECEMBER 5, 2023

Tesla China’s insurance registrations for the week ending December 3, 2023, showed an improvement compared to the previous week, which was already quite impressive in its own right. Over the week of November 27-December 3, Tesla saw over 17,400 insurance registrations across China. for the week of 11/27-12/3.

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Baua Electric

MAY 3, 2024

Germany, Sweden, India and China. The company launched its latest lidar sensor, Halo, in April, partnering with auto-software maker Applied Intuition to aid car makers in testing their assisted-driving systems. As of December last year, the company had nearly 800 full-time employees in the U.S.,

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Baua Electric

MAY 7, 2024

Argentina, located on the so-called “lithium triangle” spanning Bolivia and Chile, is the world’s fourth-largest producer and has been drawing investment from foreign firms as far as Canada and China. Over half the world’s known lithium resources are in South America.

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Baua Electric

MAY 3, 2024

Albemarle pointed to higher EV sales in China in April, including at major automaker BYD, as a positive sign for lithium prices, but cautioned that current pricing would limit new projects from getting off the ground.

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Baua Electric

MAY 6, 2024

Facing up to the double shock of the end of combustion engines and rising competition from China , European suppliers like Bosch , ZF and Webasto have all announced cuts — which have piled up to the point where the issue has cast a shadow on the forthcoming EU elections.

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Baua Electric

APRIL 19, 2024

Forvia, which supplies parts to Stellantis, Volkswagen and Ford, and is also active in China, is affected by falling auto demand and competition from Chinese manufacturers. Organic revenue growth in North America was 6.8%, mainly driven by higher sales in the seating business, while auto production increased by 1.4%.

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Baua Electric

FEBRUARY 29, 2024

Also supporting prices was a brighter demand outlook following a jump in lithium end-users’ planned production, said Zhang Weixin, an analyst at China Futures. Also supporting prices was a brighter demand outlook following a jump in lithium end-users’ planned production, said Zhang Weixin , an analyst at China Futures.

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Baua Electric

APRIL 12, 2024

CNESA forecast improvements in the economics of battery energy storage in China this year, without providing specifics. Growth in China’s battery storage capacity could slow down in 2024, according to an industry association, as energy storage struggles with low profitability.

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Baua Electric

JANUARY 17, 2024

China refines more than 90% of the world’s graphite for almost all EV battery anodes and introduced export curbs for graphite in December. China refines more than 90% of the world’s graphite for almost all EV battery anodes and introduced export curbs for graphite in December. General Motors is a OneD investor and customer.

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Baua Electric

APRIL 11, 2024

Growth in China’s battery storage capacity could slow down in 2024, according to an industry association, as energy storage struggles with low profitability. This is particularly important for China, which has minimal natural gas capacity, a more flexible power source than slow-ramping coal plants.

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Baua Electric

MAY 1, 2024

His visit last weekend to China, where collecting data on driving behaviour is relatively easier than in the US or Europe, could yield the breakthrough Tesla has been seeking for a decade. Musk has been struggling to lay his hands on enormous amounts of data to feed AI in cars to be able to drive themselves.

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Baua Electric

APRIL 25, 2024

A rally of 45% has made Exide Industries Ltd. are doubling down on the burgeoning electric vehicle market in the South Asian nation as sales cool in China, the US and Europe. Purchase subsidies, lower operating costs and state-level policy will continue to support growth in the industry, analysts said. and Kia Corp.

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Baua Electric

APRIL 24, 2024

XPeng, one of China’s best-selling EV startups, counts Volkswagen as a shareholder after the German automaker invested around USD 700 million for a 4.99% stake. “This year, I believe XPeng will far surpass all of China’s autonomous driving technology rivals,” he said.

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Baua Electric

APRIL 8, 2024

China is the world’s largest producer and consumer of copper. It also dominates global supplies of many other industrial metals needed for the energy transition: a source of worry for western leaders with net zero targets to meet. China is the world’s largest producer and consumer of copper.

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Baua Electric

APRIL 8, 2024

Chinese ride-hailing giant Didi Global said its self-driving unit’s joint venture with EV maker GAC Aion has received a business license, registering itself as the first JV in China for mass production of fully self-driving electric robotaxis in the country.

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Baua Electric

MARCH 17, 2024

China’s primary aluminium output in the first two months of 2024 climbed 5.5% China combines output data for January and February into one release to smooth out the impact of the Lunar New Year holidays, which fall in either of these months each year. Representative image.

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Baua Electric

MARCH 3, 2024

The KEEI said South Korea should work to diversify its key mineral supply chain to lower its dependence on China as part of efforts to strengthen its competitiveness in the EV and secondary battery industries. As of 2022, South Korea had imported most nickel, manganese and cobalt supplies from China, according to the KEEI.

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Baua Electric

MARCH 24, 2024

The US had banned China-made UAVs in 2020 due to security concerns. None of our critical subsystems come from geography of concern (read China) and that puts us in a unique position. Western geographies are moving away from China in critical areas due to many risks with respect to cyber security.

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Baua Electric

APRIL 7, 2024

The United States and the European Union committed to extend by three years their cooperation on identifying disruptions in the semiconductor sector, with a particular emphasis on mainstream “legacy” chips from China.

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Baua Electric

JANUARY 25, 2024

European chipmaker STMicroelectronics on Thursday forecast a more than 15% drop in first-quarter revenue, well below market expectations, due to softer automotive demand and a further decline in orders from the industrial sector. Orders from the automotive industry have been helping chipmakers offset the impact of U.S.-China

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