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IDTechEx: despite efforts to reduces rare-earth use, percentage of permanent magnet-based EV motors rising

Green Car Congress

Additionally, the Chinese electric vehicle market is the largest in the world and due to their control of the rare-earth supply, most Chinese vehicle models utilize permanent magnet motors. China accounts for the vast majority of rare-earth production worldwide and this has, in the past, led to huge price volatility.

Motor 397
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LME copper prices hit 7-year high

Green Car Congress

Copper prices since 1 Jan 2000. An unexpectedly strong resurgence in Chinese cathode buying for scrap replacement, improving consumption, restocking and stockpiling purposes. Based on preliminary data from Chinese Customs, Chinese net imports of refined copper jumped by 45% y-o-y, or 1.3Mt, to 4.2Mt in Jan-Nov 2020.

Price 541
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FCA confirms discussions with Foxconn on China JV for electric vehicles

Green Car Congress

Foxconn ) regarding the potential creation of an equal joint venture to develop and manufacture in China new generation battery electric vehicles and engage in the IoV (Internet of Vehicles) business. trillion (US$174 billion) in revenue in 2018, and was ranked 24 th among the Fortune Global 100 and 105 th among the Forbes Global 2000.

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Chinese language EV makers pin hopes on Europe’s auto sellers

Baua Electric

MG, the legacy British emblem owned through China’s SAIC Motor Corp. Tesla’s good fortune has proven that buyers are clear to outsiders, although it’s vague whether or not Chinese language manufacturers will be capable of fit the promoting draw of Elon Musk. “But it’s not impossible.”

Chinese 52
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MINI realigning model range with emphasis on electromobility; crossover & premium compact segments; and China

Green Car Congress

Core elements of the realignment include the expansion of electromobility; enhanced commitment in the crossover and premium compact segments; and strengthening of the market position in China. Increased commitment to the automotive market in China.

China 170
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China-based study concludes using political incentives to fight pollution is costly and inefficient

Green Car Congress

—co-author Guojun He, research director at the Energy Policy Institute at the University of Chicago in China (EPIC China) and a professor at the Hong Kong University of Science and Technology. The unequal deployment of the regulations led to significant economic losses in China.

Pollution 220
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Ricardo to partner with China Automotive Technology & Research Center

Green Car Congress

Ricardo and the China Automotive Technology &Research Center (CATARC) have signed a Memorandum of Understanding (MoU) that will see Ricardo collaborate with the independent automotive technology organization. The company currently employs more than 2000 employees in technical facilities such as those at its Tianjin headquarters.

China 225