article thumbnail

Chinese battery company takes 22% stake in Valmet Automotive; strategic partnership for EVs

Green Car Congress

China-based Contemporary Amperex Technology Limited (CATL), a leading global provider of battery and energy storage solutions, has taken a 22% stake in Finland-based Valmet Automotive as part of a new strategic partnership in electric automotive solutions. Valmet Automotive is one of the largest automotive contract manufacturers in the world.

Chinese 150
article thumbnail

Global Top 20 November 2020

EV Sales

On the second half of the table, two more small Chinese EVs are on the rise, with Great Wall's Ora Black Cat jumping three positions, to #14, while the Chery eQ climbed to #18, and in #19 we now have the much antecipated Volkswagen ID.3, 3, that should jump a few more positions in December, possibly ending the year in #15.

2020 98
article thumbnail

Global Top 20 - December 2020

EV Sales

The Wuling Mini EV secured the Silver medal, beating BAIC's EU-Series yearly score (111k) and becoming the Chinese EV with highest score in one year, while also winning the Rookie of the Year title, ahead of heavyweights like the Tesla Model Y or VW ID.3. In December, the Climber of the Month was the VW ID.3,

2020 98
article thumbnail

Volkswagen faces mounting pressure from Tesla and BYD

Teslarati

Volkswagen faces mounting pressure to keep up with Tesla and Chinese automakers in the transition to battery-electric vehicles (BEVs), and its success in doing so could have major implications. The auto industry is faced with the question of whether and how we will be a global leader in the future,” Baerbock said at the event.

BYD 97
article thumbnail

VW annual assembly rocked by way of cake assault, protests on China document

Baua Electric

Nonetheless, activists together with Haiyuer Kuerban of the Global Uyhur Congress highlighted the studies of accumulation internment camps and hyperlinks between VW providers and firms with a presence there, in addition to the trouble for locals to talk brazenly given the situation’s restrictions on separate pronunciation.

China 52
article thumbnail

Xiaomi EV buyers will have to wait up to seven months for the SU7

Baua Electric

Chinese smartphone giant Xiaomi is alerting potential buyers of its new SU7 sedan that they could have a seven-month wait ahead before getting the car – a sign of strong demand for an EV that is directly gunning for the Tesla Model 3. Friday, the company said pre-orders reached nearly 90,000 in the first 24 hours, confirmed Reuters.

Chinese 52
article thumbnail

A new luxury EV IPO from Geely is reportedly in the works

Teslarati

Geely, a Chinese auto group, is reportedly pursuing an initial public offering in the United States for its new luxury EV brand, Zeekr. For those unfamiliar, Geely is a Chinese auto group that controls many notable brands, including Volvo , Polestar, and Lotus , as well as countless Chinese brands, including Geely’s own Geely Motors.

Chinese 87