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BYD sets lower sales growth & warns of looming price war

Teslarati

BYD set lower sales growth goals for 2024, warning of a looming price war and overcapacity in Mainland China’s electric vehicle (EV) sector. BYD Chairman and President Wang Chuanfu held an investors conference earlier this week. The American EV manufacturer is reportedly trimming production output at Giga Shanghai.

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Lotte Chemical to invest $2.3B through 2028 to boost production of copper foil for EV batteries

Green Car Congress

billion) through 2028 to boost production of copper foil for EV batteries, the company said. Lotte Energy Materials President Kim Yeon-seop announced the business strategy at a news conference in Seoul, during which he said that demand for copper foil will increase to 2.2 Lotte Chemical plans to invest up to 3 trillion KRW ($2.3

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Confirmed! China’s Leapmotor to go on-sale in Australia in 2024 with C10 SUV

EV Central

Beyond that it has a variety of existing models it could add here quickly including the Mini-sized T03 electric car that has already been confirmed for European sale. Leapmotor International future product plan. The C10 is Leapmotor’s first global product based on its self-developed LEAP3.0 More are expected to emerge soon.

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Honda outlines electrified vehicle strategy for China; unveils new EV models

Green Car Congress

Honda last week held a virtual press conference on its electrification strategy in China. During the conference, the company announced its new environmental and safety initiatives and also held the world premiere of two planned production models and three concept models of Honda-brand electric vehicles. e:N series.

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Ford cutting F-150 Lightning production workforce by two-thirds

Teslarati

Ford is cutting its F-150 Lightning production workforce by two-thirds as the company continues to try and ramp manufacturing of electric vehicles and work toward profitability. This amounts to 700 production employees. The post Ford cutting F-150 Lightning production workforce by two-thirds appeared first on TESLARATI.

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Tesla Quarterly Sales Growth in 7 Charts

CleanTechnica EVs

Tesla reported its basic 1st quarter production and delivery data nearly 3 weeks ago. Today is the day for its quarterly conference call about those data as well as much more financial data such as corporate revenue, gross profit, gross margin, etc.

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Government working towards more liberal regime to foster sale, production of ethanol: VK Singh | Autocar Professional

Baua Electric

The government is working towards a more liberal regime to promote the production and sale of ethanol, said VK Singh, Minister of State (MoS), Union Ministry of Road Transport and Highways and Civil Aviation. While speaking at the Fuels of Future 2.0, While speaking at the Fuels of Future 2.0,

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