Green Car Congress

APRIL 15, 2022

To make room for these moves, Honda will conclude Insight production in June. With the conclusion of Insight production, the Indiana Auto Plant will focus on building CR-V, CR-V Hybrid and Civic Hatchback, several of Honda’s most popular models. —Mamadou Diallo, vice president of Auto Sales at American Honda Motor.

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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

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

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. Currently, most of China’s steel scrap supplies are used by traditional blast furnaces.

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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

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

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

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. It’s not hard to see why China has a decisive advantage here. Even in Canada, Chinese money has been crucial.

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Baua Electric

MARCH 13, 2024

auto maker Tesla kicked off a price war last year. Updated On Mar 14, 2024 at 12:36 PM IST --> Published On Mar 14, 2024 at 12:26 PM IST 2 min read --> Join the community of 2M+ industry professionals Subscribe to our newsletter to get latest insights & analysis. The loss-making EV maker has been looking to improve profitability.

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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

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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Baua Electric

APRIL 25, 2024

are doubling down on the burgeoning electric vehicle market in the South Asian nation as sales cool in China, the US and Europe. That also boosted shares of Amara Raja Energy & Mobility Ltd. Global carmakers, including BYD Co., That’s expected to give local component makers a long term boost.

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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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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

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. Under a more “ideal” scenario, the association sees China’s new energy storage capacity installations rising 19% year-on-year to 41.2GW, the white paper found.

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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

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

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.

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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 13, 2024

According to the report, India has overtaken China on two key parameters — exports to GDP ratio and services export. According to the report, India has overtaken China on two key parameters — exports to GDP ratio and services export. We have a great build here.

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Baua Electric

APRIL 25, 2024

Weakness in auto and industrial demand have been weighing on the sector, while investors remain cautious amid high interest rates, with escalating tensions in the Middle East increasing fears. “It will take probably a couple of quarters for that to impact and (…) that’s why it was guided as low as it was,” she said.

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Baua Electric

APRIL 8, 2024

China is the world’s largest producer and consumer of copper. China is the world’s largest producer and consumer of copper. “China controls a large share of production of critical raw materials while the West and its allies control a relatively small share in some of those critical raw materials.”

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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. European Commission Vice President Margrethe Vestager, who oversees EU policy on technology, said the EU and U.S.

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Baua Electric

APRIL 15, 2024

India’s automobile market is growing and it is currently the third-largest automobile market in the world after China and USA. Download ETAuto App Get Realtime updates Save your favourite articles Scan to download App The post SUV sales surge in India’s preowned car market – ET Auto appeared first on Bauaelectric Auto News.

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Baua Electric

FEBRUARY 29, 2024

Indian auto industry is set to invest up to USD 7 billion, or about INR 58,000 crore, by FY28 to deepen localisation of advanced components from electric motors to automatic transmissions to reduce imports and capitalise on multinationals’ ‘ China Plus One ’ sourcing strategy. To be sure, China dominates auto parts supplies to India.

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Baua Electric

JANUARY 9, 2024

chip maker’s determination to expand in China despite Washington’s tighter export rules. WHY IT’S IMPORTANT China’s rising EV brands are a key market for Nvidia’s automotive technology business. controls on exports of advanced semiconductors to China.

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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 4, 2024

“It’s worth noting that there is concentration of risk for lithium battery production, with over 70% being produced in China alone,” said, ACEN CEO Eric Francia.

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Baua Electric

MARCH 6, 2024

in a subsidiary of Lithium Americas Argentina Corp, as China’s leading lithium producer ramps up its efforts to secure resources. Established in 2016, PGCO owns two lithium projects in Argentina – the Pastos Grandes lithium project and Cauchari East lithium project, according to Ganfeng.

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Baua Electric

JANUARY 25, 2024

China trade spats and sluggish demand for personal electronics, but this trend could be waning. Jefferies said the sales guidance was 5% below consensus, adding there could be further risks to the outlook, depending on the level of decline in auto and industrial chip demand in the first half of 2024, and the rate of recovery in the second.

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Baua Electric

JANUARY 22, 2024

million vehicles in China, its largest-ever recall in the country, to fix its autopilot system. million vehicles in China, its largest-ever recall in the country, to fix its autopilot system. Earlier this month, Tesla recalled 1.6 Earlier this month, Tesla recalled 1.6

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Baua Electric

APRIL 4, 2024

Last year, the Moroccan government and China’s Gotion agreed to look into setting up an electric vehicle battery plant in the kingdom with up to USD 6.3 Last year, the Moroccan government and China’s Gotion agreed to look into setting up an electric vehicle battery plant in the kingdom with up to USD 6.3

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Baua Electric

MARCH 7, 2024

The European Union and Italy are highly dependent on foreign imports of the metal, which is largely produced in Australia, Chile and China. “The project with Altamin is among the first European projects to connect industrial needs and circular economy processes,” Iren Chairman Luca Dal Fabbro said in the statement.

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Baua Electric

JANUARY 15, 2024

The spot market in China will likely remain tepid, leading to a build-up in inventories which could weigh on prices, they said. dollar weakened, while investors gauged the demand outlook from top consumer China after its central bank surprised markets by keeping its medium-term policy rate unchanged. A weaker U.S.

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Baua Electric

JANUARY 31, 2024

The move comes as regulation in the United States curtails companies from depending on countries such as China to source materials used in batteries such as nickel, cobalt and lithium. China currently houses the largest manufacturers of LFP batteries, including BYD and CATL, which supply Tesla.

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Baua Electric

APRIL 22, 2024

Tensions between Washington and Beijing over advanced tech, especially semiconductors, in recent years have forced many firms to look into relocating their manufacturing from China to other countries including Malaysia, Vietnam and India.

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Baua Electric

FEBRUARY 7, 2024

China exported 4,43,000 vehicles in January 2024, accounting for 18.2% China’s new energy vehicle sales fell 38.8% versus the previous month, the first such drop since August 2023, industry data showed, as demand faltered in the world’s largest auto market despite a renewed discounting push led by Tesla.

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