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Tesla & CATL deemed the Power Couple to Recharge the US EV Market: Morgan Stanley

Teslarati

Morgan Stanley analyst Adam Jonas deemed Tesla and CATL the power couple that could recharge the United States electric vehicle (EV) market. In a note released earlier this week, Morgan Stanley writes that the United States is an under-penetrated EV market, whereas China is a fully-penetrated EV market.

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China issues draft guidelines to rein in lithium battery industry – ET Auto

Baua Electric

China is the world’s largest lithium battery market, accounting for some 57% of global demand in 2022, according to the Economist Intelligence Unit. Lithium-ion batteries are a form of rechargeable energy storage used in everything from electric cars to scooters, laptops and motorised wheelchairs.

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It’s too late to China-proof the lithium supply chain – ET Auto

Baua Electric

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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China EV maker Nio has completed 40 mn battery swaps so far – ET Auto

Baua Electric

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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In the driver’s seat of driverless cars – ET Auto

Baua Electric

He has got the fuel bit right with battery-operated Tesla cars recharging on electricity generated from solar or nuclear energy (revealed last year in the ‘nuclear diamond battery’). 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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China to contribute more than half of Volkswagen Group’s planned output of 22M BEVs by 2028

Green Car Congress

Volkswagen Group China aims to produce more than half (11.6 To speed up its e-offensive, Volkswagen Group China will also launch a new joint venture in charging infrastructure. To speed up its e-offensive, Volkswagen Group China will also launch a new joint venture in charging infrastructure.

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Volvo Cars reports sales of 58,667 cars worldwide in March, down 22.1%; electrified share increased to 36%

Green Car Congress

During the first quarter, the number of cars sold increased gradually to a total of 148,295 cars as the supply chain constraints affecting Volvo Cars and the auto industry continued to slowly ease. In March, sales of Volvo Cars’ Recharge models made up 35.5% In March, sales of Volvo Cars’ Recharge models made up 35.5%

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