CN EV Post

MARCH 16, 2023

A Volkswagen joint venture in China has started offering official discounts as the price war in the Chinese auto industry continues. The Volkswagen Phideon, with an official guide price of RMB 343,000 to RMB 449,000, received an RMB 50,000 discount, while most other models received discounts of RMB 25,000 to RMB 30,000.

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CN EV Post

MARCH 13, 2023

The price war in China's auto industry has intensified the wait-and-see mood among car buyers, and Li Auto 's move helps to allay potential consumers' concerns to some extent. For consumers who purchase these models, if the prices drop within 90 days of their order, then Li Auto will refund the difference.

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Baua Electric

MAY 9, 2024

China has released draft guidelines aimed at reining in the country’s lithium battery industry , which has been in Western crosshairs over fears subsidised overproduction could flood global markets with cut-price exports.

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Green Car Congress

APRIL 30, 2022

Chinese lithium and cobalt sulfate prices fell this month as strict COVID-19 lockdowns in Shanghai and elsewhere limit demand in the world’s largest electric vehicle market. Prices for cobalt sulfate fell by 6%, according to Benchmark’s Cobalt Price Assessment. Consultancy Rho Motion now forecasts Chinese EV sales of 5.6

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CN EV Post

MARCH 9, 2023

A rare price stampede is taking place in the Chinese auto market. Image from BMW China Weibo) As a large number of car companies in China are offering huge subsidies or price cuts, BMW is offering more than 100,000 yuan ($14,360) off its all-electric model, the i3, according to local media.

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Teslarati

MARCH 23, 2023

Tesla is poised to benefit from rapidly dropping lithium prices, particularly in China, where the automaker produces nearly half of its vehicles. Hence, the price of EVs has become intertwined with the cost of lithium , which has slowly become cheaper thanks to massive investments worldwide. But how could this affect Tesla pricing?

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Baua Electric

MARCH 23, 2024

The auto industry is electrifying, and all new cars will be electric in the relatively near future. And yet, the auto industry – which is responsible for more pollution than any other sector, at least in rich countries – still lobbies to worsen emissions reduction targets, even when those targets were already pushed back to begin with.

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Baua Electric

MAY 20, 2024

The world’s lithium miners — facing an unprecedented demand surge and wild price swings — are shaking up the way the commodity is bought and sold. These sales are a significant step for lithium, which until relatively recently was largely sold at prices fixed in long-term contracts. Albemarle Corp. , Albemarle Corp. ,

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Baua Electric

MAY 14, 2024

The US government has announced wider tariffs on several categories of Chinese goods, including various green products like solar panels and batteries, medical goods, and in particular an increase of tariffs on Chinese EVs from 25% to 100%. China was originally somewhat slow to adopt EVs – in 2015, EV market share was just.84%,

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Baua Electric

MAY 28, 2024

German auto giant Volkswagen on Tuesday announced plans for a cheaper-than-ever electric model, as it faces increasingly strong competition from Asian rivals that have taken a lead in battery technology. Cheaper Chinese models are not just a concern for Europe’s biggest auto manufacturer, but for European officials.

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Teslarati

JANUARY 11, 2024

Tesla increased the price of the Model Y’s 7-seater option by $500. Before Tesla raised the price, the Model Y’s 7-seat option was $2,500. As everyone settles into 2024, Tesla has started rolling out price changes in the United States and China. In the US, Tesla hasn’t changed the prices of the actual cars so far.

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Baua Electric

APRIL 25, 2024

After decades of trumpeting “free trade,” and watching industry after industry decamp to China, the US government has apparently decided to draw a red line in front of the auto industry, and protectionism is back in style. US automakers are currently protected from Chinese competition by a 27.5%

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CN EV Post

MARCH 14, 2023

EV makers including Leapmotor , Neta and Denza have all introduced 90-day price protection policies. Image credit: Neta) As the auto price war in China continues, some electric vehicle (EV) makers are beginning to make it clear that they will not cut prices in an attempt to dispel the wait-and-see sentiment of potential consumers.

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Baua Electric

FEBRUARY 29, 2024

This initiative is expected to bring down the price of its VDA specification lithium iron phosphate battery cells to RMB 0.4 This initiative is expected to bring down the price of its VDA specification lithium iron phosphate battery cells to RMB 0.4 RMB per Wh, significantly lower than previous prices.

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Baua Electric

MAY 14, 2024

Jeremiads lamenting China’s takeover of the global auto industry are everywhere these days. Each reaches basically the same conclusion: the global non-Chinese automakers will never be able to catch up unless they radically change their corporate mindsets. Three recent accounts stand out from the pack.

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CN EV Post

APRIL 17, 2023

NIO (NYSE: NIO) is confident it will see sales double this year, despite a rare price war that disrupted the Chinese auto industry in the first quarter. The price war has had a big impact on the auto industry, and NIO will not follow suit. percent year-on-year and 23.6 percent from February.

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CN EV Post

MARCH 26, 2023

Image credit: Chery New Energy) Chinese auto giant Chery's new energy vehicle (NEV) division has slashed the prices of several models, becoming the latest car company to do so. percent, price cut. The QQ Ice Cream priced at RMB 39,900 saw a price reduction of RMB 4,000, or 10 percent.

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Baua Electric

MAY 14, 2024

The new JV, named “Leapmotor International,” will expand to sell Chinese EVs in Europe this fall, with additional markets to follow. billion stake in Chinese OEM Leapmotor. Today’s event is merely a confirmation of a launch we’ve been expecting for quite some time. We now have our answer. Source: Leapmotor International Leapmotor Intl.

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CN EV Post

APRIL 17, 2023

While auto shows have generally started to lose some significance as automakers turn to dedicated launch events, this year's Shanghai auto show could be an exception, said Deutsche Bank analyst Edison Yu's team. (A A file photo taken by CnEVPost at the Shanghai auto show two years ago shows an ET7 wrapped in a blanket.)

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Baua Electric

MARCH 11, 2024

Three Senate Democrats from car-manufacturing states on Thursday urged the Biden administration to increase tariffs on Chinese EVs, bringing bipartisan pressure to dissuade Chinese automakers from selling their products to the U.S. automobile industry as a whole.” automobile industry as a whole.”

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Green Car Congress

JANUARY 12, 2020

In August 2019, CRU reported on the steady slide in prices that has occurred in the lithium market since the beginning of the year. Since then, prices have continued to fall, CRU notes. Lithium hydroxide has fallen by 30% to RMB 74,500/t, according to CRU’s price assessments. Although this marks an impressive 41.5%

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CN EV Post

MARCH 20, 2023

Li Auto leads the pack with superior execution, but risk-reward increasingly favors XPeng and NIO after a drastic sell-off this year, Morgan Stanley said. As of Monday's close, NIO's (NYSE: NIO) US-traded ADR was down 10 percent this year, XPeng was down 8 percent, and Li Auto was up about 12 percent.

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Baua Electric

MARCH 8, 2024

Just as the EU is considering tariffs on Chinese EVs imported into Europe, three US Democratic senators are urging that the Biden administration hike import tariffs on Chinese EVs to address national security risks. Allowing heavily subsidized Chinese vehicles to enter the U.S. automotive industry as a whole.”

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Baua Electric

MAY 10, 2024

The US government is reportedly set to announce wider tariffs on several categories of Chinese goods, including various green products like solar panels and batteries, medical goods, and in particular an increase of tariffs on Chinese EVs from 25% to 100%. Photo is licensed under CC-CC0 1.0

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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

Prior to Monday’s share price jump, Tesla shares had lost about a third of their value this year as concerns have grown about its growth trajectory. During the trip, Tesla won a key endorsement from a top Chinese auto association that said Tesla’s Model 3 and Y cars were compliant with data-security regulations.

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Baua Electric

MARCH 6, 2024

Possible “remedies” on the table include retroactive tariffs on Chinese EVs. Back in October 2023, Europe launched its formal investigation into the Chinese EV industry, as European companies are struggling to compete with the cheap, high-tech Chinese imports, made by low-cost labor, entering the European Union.

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Green Car Congress

OCTOBER 24, 2010

He also said that auto manufacturers should strengthen their safety and quality control standards. Sales of domestically-manufactured autos rose 36 percent year on year to reach 13.14 In fact, annual sales and production could exceed 17 million, CAAM said.

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Baua Electric

APRIL 29, 2024

Chinese state media reported that he met Premier Li Qiang in Beijing but did not say what they discussed. 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.

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CN EV Post

MARCH 12, 2023

The recent price war in China's auto market has put a new emission standard that will come into effect in a few months' time in the spotlight. CnEVPost obtained the views of several local analysts, which provide references on what impact that new emission standard will have on the auto industry.

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Baua Electric

FEBRUARY 1, 2024

Some Chinese automakers have had to delay deliveries of flagship models due to production issues with a computing unit made by tech giant Huawei , five people with knowledge of the matter said. Changan Auto has said it plans to own up to 40% of the new company. The S7 is priced from 249,800 yuan. 1, according to the company.

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Baua Electric

MAY 9, 2024

Chinese battery makers grew faster than rivals to account for more than two-thirds of global EV battery capacity last year, according to data from consultancy Counterpoint Research. It has a plant in Nevada and has broken ground on a second one in Kansas, which would take its auto battery capacity to 80 gigawatt hours (GWh) a year.

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Baua Electric

DECEMBER 10, 2023

Chinese semiconductor manufacturers have a significant impact on various aspects of the global business landscape. Competitive Landscape: Chinese semiconductor manufacturers contribute to the competitive landscape by providing alternatives to established players in the industry.

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CN EV Post

MARCH 17, 2023

Polestar has officially unveiled the Polestar 3 in China today with what it calls a new pricing system. | Polestar.US Polestar gave the Polestar 3 SUV its global debut on October 12 , 2022, when it announced its two versions with starting prices in China of RMB 880,000 and RMB 1,030,000, respectively.

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Baua Electric

JANUARY 17, 2024

The partnership comes as the European auto industry readies for a “battery passport” that will trace the content and carbon footprint of EV cells sold in Europe. Circulor CEO Douglas Johnson-Poensgen said the company was currently talking to companies up and down the EV battery cell supply chain.

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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. Tesla reached an accord with Chinese authorities for a plant in Shanghai, its first outside the United States, in 2018.

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Baua Electric

MARCH 14, 2024

MG Motors, a unit of Chinese automaker SAIC, will open a second European parts centre by the summer of 2024 in France to meet the country’s growing demand for its vehicles, a spokesperson told Reuters on Thursday. SAIC is currently evaluating whether to build a factory in Europe.

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