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IHS Markit sees supply crunch coming for electrical steel; potential disruptor of OEM electrification plans

Green Car Congress

The rapid growth of the hybrid and electric vehicle segment could potentially cause demand for electrical steel to outpace supply from 2025, according to a new report by a team of analysts from the Automotive Supply Chain and Technology team at IHS Markit. Supply is extremely limited in North America.

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China to introduce credit pool for NEV dual credit system that is expected to facilitate credit trading

CN EV Post

Automakers can voluntarily apply for storage of positive credits when the supply exceeds demand, and release credits when the supply is less than demand. The 2023 annual credits report press conference was held today in Beijing, where China's industry regulators released the information, according to the report.

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BYD expects its Q1 NEV sales to grow over 80% YoY, aims to be largest automaker in China by year-end

CN EV Post

Based on January-February retail sales, BYD is already the largest automaker in China with an 11.8 percent share. | BYDDY.US | BYD HK BYD's new energy vehicle (NEV) sales are expected to maintain strong growth in the first quarter, despite the overall weak performance of China's passenger vehicle market. percent share.

BYD 114
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Tesla has integrated an ICEing combat system in its Smartphone App in China

Teslarati

Tesla is now deploying a new system in China within its Smartphone App that will unlock floor-locking devices, making the process of parking cars in Tesla Supercharger stations much more accessible. ICEing refers to the more formal name for a gas-powered vehicle, which is an internal combustion engine car. I’d love to hear from you!

China 126
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Tesla halts Cybertruck orders in China and Europe

Teslarati

As indicated by recent observations from the Tesla community, the Cybertruck could no longer be ordered in areas such as Europe and China. Previously, an option to “Order” was present on the Cybertruck’s pages in Europe and China. . “Even before there were supply chain issues, Tesla demand exceeded production.

Europe 99
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Tesla China cancels three hiring events in June, hints which areas are overstaffed

Teslarati

Tesla China canceled three online hiring events set for June. The cancellations hint at which areas Elon Musk referred to as overstaffed. On Thursday, June 9, Tesla China held an online hiring event, looking for workers to fill “smart manufacturing” jobs. Tesla China is aiming to produce 71k vehicles this June: report.

China 82
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DAIHEN to supply wireless EV charging stations with WiTricity technology

Green Car Congress

DAIHEN will now use WiTricity’s DRIVE 11 wireless charging system—capable of delivering up to 11 kW of power at efficiencies of up to 94%—as the reference design for its own line of standards-compliant wireless chargers for battery electric and hybrid electric vehicles.

Supplies 150