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CATL-SC officially launches operation of phase 1 of $4.7B Yibin traction battery production project

Green Car Congress

Since September 2019, CATL and the city government of Yibin have successively signed contracts for the CATL-SC traction battery phase I to phase VI projects, with a total investment of more than RMB 30 billion (US$4.7 billion) and an area of about 3,000 acres (about 1,214 hectares). CATL-SC is heading on the global stage.

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Feature: Top 6 Reasons Why an EV Is the Right Choice

Clean Fleet Report

Most people are turning towards initiatives that build the environment rather than destroy it. In 2019, the sales of electric vehicles totaled 1.1 With more users gearing towards purchasing electric vehicles, a surge in demand has drastically hit the electric automobile industry. Electric cars are a current trend.

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Tesla Aiming For New Milestone Of Two Million Cars

MyEVOnline

Only last year, Tesla beat BYD company from China, delivering more than 800,000 electric vehicles towards the end of 2019, while BYD lagged at about 700,000. 2019 came with a bang, and the company saw an astounding rise in production, deliveries, revenue, and profit. It has achieved what no other electric automaker has done before.

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The World’s Most Popular EVs Aren’t Cars, Trucks, or Motorcycles

Cars That Think

House of Representatives passed the Build Back Better Act last week, a lesser-recognized provision earmarked some $4.1 According to market research company NPD Group , the pandemic helped increase e-bike sales by 145 percent from 2019 to 2020, more than double the growth of traditional bikes. When the U.S.

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Prevail Electric Mobility to Increase Their Production Capacity

Get Electric Vehicle

Prevail Electric Mobility, an affiliate of French lubricants firm FRVelion, would build up an additional production plant in India for electric two-wheelers to fulfill demand in the nation as well as cater to the Nepal and Sri Lankan markets according to a top business official. . Plans Expansion Before Launching. Prevail Electric Scooter.

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The EV Transition Explained: Reshaping Labor Markets

Cars That Think

One of the most vexing social challenges confronting the transition to EVs at scale is dealing with the effects that governmental EV transition policies will have on millions of jobs across a wide swath of industries. President Biden says his EV policies will result in “one million new jobs in the American automobile industry.

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2025-2035: Rewriting The Automotive History

Get Electric Vehicle

A recent report from the Environmental Defense Fund indicates that electric vehicle sales volumes are growing at a rapid pace, signalling an epochal shift in the auto industry over the next decade. Also, Global EV sales quadrupled in 2019, while sales in the United States established new highs. Companies Making The Shift.