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AlixPartners outlook warns of Chinese language EV pageant, ‘ICE melting’

Baua Electric

Chinese language manufacturers will most probably outsell international manufacturers in that nation in 2023 for the primary past in fresh historical past. of the Chinese language passenger automobile marketplace through 2030. of the Chinese language passenger automobile marketplace through 2030.

Chinese 52
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National Electric Vehicle Sweden AB acquires assets of Saab Automobile to create new EV company; first model based on 9-3 due year-end 2013/2014

Green Car Congress

National Electric Vehicle Sweden AB (NEVS)—an international consortium formed by Chinese, Japanese and Swedish stakeholders—and the Receivers of the Saab Automobile bankruptcy estate ( earlier post) signed a purchase agreement covering the main assets of Saab Automobile AB, Saab Automobile Powertrain AB and Saab Automobile Tools AB.

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First car using Nidec’s E-Axle traction motor system unveiled

Green Car Congress

Although the traction motor system will be launched in the Chinese market first, Nidec plans to make the product available to European automobile manufacturers as well in the near future. Nidec started out as a manufacturer of small electric motors for appliances and other machines in 1973 in Kyoto, Japan. Earlier post.).

Motor 309
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JATO: global vehicle sales fall by 39% in March; electrified vehicles up to 17.4% new registration market share in Europe

Green Car Congress

The outbreak of COVID-19 has already impacted the automotive industry significantly, according to JATO Dynamics, a leading provider of global automotive data and insight. Global vehicle sales totalled 5.55 —Felipe Munoz, JATO’s global analyst. While Japan, Korea and the CIS countries recorded very low decreases.

Europe 261
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Made in India electric vehicles ready to hit global markets | Autocar Professional

Baua Electric

At a time when global electric vehicle major Tesla is set to announce its big-bang entry into the Indian market this month, the world’s third largest passenger vehicle market is set to take a big leap into electric vehicle exports, with the Make in India tag well proven over the last couple of decades.

India 52
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Global auto production may hit 80+ million units this year; hybrids below 2% of total output

Green Car Congress

Global sales of passenger vehicles increased from 75.4 The auto industry’s production capacities are far from fully used; PricewaterhouseCoopers (PWC) estimates current global vehicle assembly capacity at almost 95 million, the report notes. Rising sales translate into an ever-expanding global vehicle parc. million to 78.6

Global 273
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BYD takes 20% of Japan’s EV imports in January after launching just last year

Baua Electric

BYD continues its dominant overseas expansion after accounting for over 20% of Japan’s EV imports last month. After launching just last year, BYD is already making its presence known as Japan lags behind the auto industry’s shift to electric. More importantly, Japan isn’t known for its imports.

BYD 52