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ICCT report finds US domestic EV production and investment continues to fall; only 5% of global EV investment to go to US EV assembly plants

Green Car Congress

The United States is the third-largest electric vehicle (EV) producer behind China and Europe; a new study from the International Council on Clean Transportation (ICCT) finds that the gap has widened. Cumulative electric vehicle sales and production from 2010 through 2020, in major regions (based on EV-Volumes, 2021). Source: The ICCT.

Global 397
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BYD and UzAuto to form NEV production JV in Uzbekistan

Green Car Congress

As of November 2022, BYD has sold more than 3 million NEVs to global customers. UzAuto companies produce a range of vehicles from light passenger vehicles to heavy-duty trucks, buses, trailers and superstructures with an annual production volume of more than 350,000 vehicles per year.

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Ford supplier gets rights to localize BYD LFP blade battery production 

Teslarati

BYD licenses LFP blade battery cells to BorgWarner, a supplier for Ford, General Motors, and Stellantis. BYD has agreed to give BorgWarner the right to localize production of LFP battery packs with blade cells in Europe, the Americas, and select regions in the Asia Pacific for eight years.

BYD 78
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Ford announces new battery production facility JV with LG

Teslarati

Ford has announced that it has signed a memorandum of understanding (MOU) with LG and KOÇ Holdings to construct a battery production facility in Ankara, Turkey. While Ford has outlined a massive electric production overhaul in North America , it has yet to do so in Europe.

Ford 98
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PSA Peugeot Citroën and General Motors to co-develop three common vehicle platform projects; launch of vehicles expected in 2016

Green Car Congress

PSA Peugeot Citroën (PSA) and General Motors have signed definitive agreements related to three of initial vehicle projects as well as to the purchasing joint venture as part of the execution of their Global Strategic Alliance. Further global initiatives. Earlier post.). This is still subject to anti-trust approvals.

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Benchmark: Lithium industry needs more than $116B to meet automaker and policy targets by 2030

Green Car Congress

General Motors and Mercedes-Benz aim to produce only electric vehicles by 2035 and 2030, respectively. The company is also targeting 50% of all its vehicles in the US and 100% of all its passenger vehicles in Europe to be electric by 2030. Tesla is targeting production of 20 million passenger EVs by 2030.

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SAIC introduces large electric panel van in Europe: Maxus EV80

Green Car Congress

SAIC Mobility Europe, a division of China’s largest vehicle manufacturer, SAIC, is introducing the Maxus light commercial vehicle brand. The Maxus EV80 is being made available to over 200 major fleet operators in Europe that are interested in reducing their carbon footprint and vehicle operating costs by running zero emissions vehicles.

Europe 186