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Report suggests low-speed electric vehicles could affect Chinese demand for gasoline and disrupt oil prices worldwide

Green Car Congress

These little vehicles typically lack the aesthetic appeal of a Tesla, but they protect drivers from the elements better than a motorcycle, are faster than a bicycle or e-bike, are easy to park and charge, and, perhaps most endearing to emerging consumers, can be purchased for as little as $3,000 (and in some cases, less).

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2023 EV registrations in Europe surpass two million units, setting new record – Charged EVs

Baua Electric

Despite this, it is unlikely we will see volumes surpass the 15 million units recorded in 2019. Purchasing a vehicle has become more expensive, and attitudes to ownership continue to change.” Chinese car brands continued to penetrate European markets—seven new brands entered the market last year, making a total of 30 (!)

Europe 52
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China Targets the Robotaxi Industry

Cars That Think

Chinese tech giant Baidu opened a 2.5-acre Swiss bank UBS estimates that by 2030, the global robotaxi market will be worth at least $2 trillion annually, with robotaxi fleet purchases accounting for 12% of all new cars sold. Baidu has announced plans to deploy 3,000 robotaxis in 30 Chinese cities by the end of 2023.

China 103
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BMW Group enters long-term €2B supply contract with Northvolt for battery cells from Europe

Green Car Congress

—Andreas Wendt, member of the Board of Management of BMW AG responsible for Purchasing and Supplier Network. The BMW Group will also source cells manufactured in Europe from the Chinese manufacturer CATL from the plant currently under construction in Erfurt, Germany.

BMW 239
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Roland Berger and fka Index: China to dominate EV market and industry in foreseeable future

Green Car Congress

Only research grants and subsidies are taken into account (not credit programs for manufacturing, budgets for purchase incentives, etc.). Added to that, we are seeing many high-tech start-ups in the Chinese market who boast the funding to work their way into the premium segment step by step. Chinese OEMs will produce some 3.5

China 150
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Tesla’s $25k car gets update on its final name, options, and potential release date

Teslarati

Earlier this year, local reports from Chinese media outlets hinted that a vehicle that’s more affordable than the Model 3 would likely start testing at the latter half of the year. . Assuming that Tesla could indeed develop a fully autonomous solution for its vehicles, a fleet of affordable Robotaxis would definitely make sense.

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BMW boosts CATL battery order to €7.3B, signs €2.9B battery order with Samsung SDI

Green Car Congress

billion for the Chinese production site of the BMW Brilliance Automotive Ltd. Andreas Wendt, member of the Board of Management of BMW AG responsible for Purchasing and Supplier Network. The BMW Group will double its sales of electrified vehicles between 2019 and 2021. billion (contract duration from 2020 to 2031), with €4.5

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