Baua Electric

FEBRUARY 29, 2024

New Delhi: CATL and BYD are set to halve battery prices in 2024, with CATL focusing on optimizing production resources to achieve cost reductions, a website focused on coverage of the new energy vehicle industry in China has reported. per Wh, equivalent to USD 56.47

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Teslarati

FEBRUARY 26, 2024

Renault unveiled the Renault 5 city car at an automotive show in Switzerland this week, with its latest electric vehicle (EV) being a small, affordable option for European markets. As expected, the Renault 5 EV was unveiled at the Geneva International Auto Show on Monday, and it can now be seen on the automaker’s website.

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Baua Electric

MAY 29, 2024

China’s surging EV sales are leading to new job growth Privately-owned firms, such as BYD and others in the EV industry, are accelerating job growth in China. The main drivers behind China’s job growth are auto, electric devices, and semiconductors, all powering the country’s surging electric vehicle market. million jobs.

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Baua Electric

FEBRUARY 7, 2024

With the global push towards sustainability, the rise of electric autos in India comes as no surprise. The Indian government has introduced various incentives and initiatives, such as subsidies and tax benefits, to promote the adoption of electric autos.

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Teslarati

JANUARY 8, 2024

Sticker prices on electric vehicles (EVs) continued to trend downward in 2023 toward price parity with gas cars, as led by price cuts from market leader Tesla. Credit: Cox Automotive Cox points to Tesla’s price cuts, incentives, and increased options for affordable EVs hitting the market as reasons for the downward trend.

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Baua Electric

FEBRUARY 11, 2024

Electric boating is and exciting and growing industry, but the high price of most well-known electric boats has kept them out of reach for most of us. Get ready though, as a new wave of innovation is seeing several new low-cost electric boats starting to enter the US market.

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Baua Electric

JANUARY 13, 2024

Year 2024 promises to be an exciting one for the automotive industry as it moves into new territories of innovation and changing customer demands. So, while the Covid-19 lockdowns severely affected the entire automotive industry’s value chain, it also began to embrace a fresh perspective amidst the global crisis. lakh crore (USD 69.7

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Green Car Congress

OCTOBER 1, 2018

The US aluminum industry continues to make significant investments to meet growing demand for automotive aluminum. The industry supports nearly 700,000 direct, indirect and induced jobs across the nation and since 2013 has invested more than $2.6 billion in domestic plant expansions to support growing demand in the auto market.

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CN EV Post

MARCH 20, 2023

Li Auto leads the pack with superior execution, but risk-reward increasingly favors XPeng and NIO after a drastic sell-off this year, Morgan Stanley said. As of Monday's close, NIO's (NYSE: NIO) US-traded ADR was down 10 percent this year, XPeng was down 8 percent, and Li Auto was up about 12 percent.

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Baua Electric

MARCH 2, 2024

The SUV-centric trend has extended beyond new car acquisitions and is making its presence felt in the used car market with a 4-6% growth since FY21, Chopra said. As per the findings of the Gurugram-based online used car marketplace, there are changes in market dynamics with customers opting for frequent upgrades when it comes to cars.

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Baua Electric

MARCH 6, 2024

Can Kia challenge Toyota, which has dominated the market in Thailand, with affordable EVs? Chinese automakers like BYD are already stealing market share, but Kia is in talks over a new EV plant in Thailand that could help position itself as an early leader. Meanwhile, Kia has bigger (or, smaller and more affordable) plans.

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Clean Fleet Report

NOVEMBER 28, 2023

Many Changes Are Coming Quickly The world is increasingly unpredictable, and the automotive industry is feeling it. In addition to the CASE (Connected-Autonomous-Shared-Electrified)-driven transformation of the industry, a combination of additional internal and external factors is piling on complexity.

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Baua Electric

MAY 9, 2024

While the North American EV market is growing, its pace of expansion has slowed due to a saturation of early-adopter demand, Panasonic said in presentation materials. Panasonic Energy has sought to expand its footprint in the North American market.

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Baua Electric

APRIL 15, 2024

The company’s new NACS Level 2 EV Charger “combines power, design, and functionality comparable to a Tesla charger at a more affordable price.” This is a very exciting time in the EV charging industry,” said Emporia CEO Shawn McLaughlin. “As The latest alternative to a Tesla-branded charger comes from EV charger manufacturer Emporia.

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Teslarati

APRIL 26, 2023

Moreover, Recurrent Auto , the company that published the report, has more good news for current and will-be Tesla owners. The revelation regarding used Tesla depreciation was unearthed by Recurrent’s Q2 2023 Used EV Report, which it publishes quarterly to track used EV market trends. Shoot me an email at william@teslarati.com.

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Baua Electric

MARCH 14, 2024

The funds will be allocated for growth in operations, geographical reach, technological advancements, marketing endeavors and overall organizational development for greater visibility, and sustained success of the enterprise.

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Baua Electric

APRIL 1, 2024

A recent Cloud Theory report reveals that the price cuts are working as buyers look for more affordable EVs. Ford Mustang Mach-E (Source: Ford) Nearly a month after the price cuts took effect, Mach-E tripled its vehicle-movement share in the EV market, hitting 13.3% FTC: We use income earning auto affiliate links.

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Baua Electric

JANUARY 17, 2024

The company says the process also saves money for automakers seeking affordable EV models. conglomerate Koch Industries, will design and build a silane gas plant to remove impurities from silicon for the factory where OneD will combine it with graphite to make silicon anode materials. Nanowires are ultra-thin wires.

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Green Car Congress

FEBRUARY 27, 2018

The UK automotive industry warned that the current anti-diesel agenda combined with the ongoing slow take-up of electric vehicles could mean industry misses its next round of CO 2 targets in 2021, with negative consequences for the UK’s own climate change goals. Diesel market share declined by more than five percentage points to 42.0%.

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Green Car Congress

OCTOBER 25, 2022

Bakken Energy, a developer of affordable clean hydrogen supply, signed a Memorandum of Understanding with each of Cummins Inc. The industry-led Hub will include Bakken Energy’s large scale affordable clean hydrogen production. and Schneider National Carriers Inc.,

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Green Car Congress

JULY 2, 2018

A new study by the European Automobile Manufacturers’ Association (ACEA) finds that the affordability of electric cars remains a strong deterrent for customers across the EU, along with lack of infrastructure and lack of investment in infrastructure. of total car sales in the EU; the market share of ECVs grew by 0.9 by 2025 and 5.4%

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The Truth About Cars

FEBRUARY 1, 2024

According to the 2024 Dealer Outlook Survey, 83 percent of respondents said the government was pushing the transition toward EVs too quickly and mucking up the auto market. Others likewise said that it should be the market driving EV sales, not pressure from the government.& Electric vehicles are exciting.

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Baua Electric

MAY 8, 2024

India’s largest two-wheeler maker Hero MotoCorp believes subsidies are necessary for the electric two-wheeler industry for a longer time frame to support the fledgling electric vehicle market. The automaker says it is prepared to navigate the market in a lower subsidy regime with aggressive cost-cutting plans in place. “EV

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Baua Electric

APRIL 24, 2024

The plant is slated to be completed and become operational in 60 days to support the company’s R&D efforts, enhance its manufacturing efficiency, and make ‘Made in India’ vehicles more affordable, the company said. The E2W manufacturer invested approximately INR 5.5

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Baua Electric

JANUARY 14, 2024

The expansion into Ayodhya aligns with Uber’s growth plans in India and reflects the company’s ‘India to Bharat’ strategy to increase its footprint and product offerings to more and more regional markets the company said.

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Baua Electric

APRIL 24, 2024

He Xiaopeng, founder and CEO of the automaker backed by Germany’s Volkswagen, said software will be refreshed with upgrades every two months, in comments made at a press conference on the opening day of the Beijing auto show.

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Baua Electric

MARCH 12, 2024

China’s BYD will challenge automakers in Europe with plans to triple its share in the EV market by 2025. After dominating its home market, BYD is expanding its brand overseas. BYD plans to expand EV market share in Europe BYD began selling vehicles in Europe in 2021, starting in Norway. share of Europe’s EV market.

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Baua Electric

APRIL 25, 2024

Jerry Kurian Affordable Robotic & Automation Ltd. This announcement comes just a month after ARAPL RaaS secured INR 38 crore in funding from its parent company ARAPL, to fuel revenue generation, particularly in the US market. At the same time, looking out for any red flags and potential derailers is not in the interest.

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Teslarati

JANUARY 24, 2024

Despite this, the company still does not have a car that can compete in the affordable segment, as both the Model 3 sedan and Model Y crossover are still premium vehicles. A new mass-market electric car that would be built on this platform is reportedly codenamed “Redwood.” Don’t hesitate to contact us with news tips.

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Baua Electric

FEBRUARY 1, 2024

New Delhi: FlixBus , a global travel-tech leader offering the world’s largest bus network across 42 countries, has arrived in India, the second biggest bus market in the world. The company will replicate its innovative safety features in the Indian market including gender seating (i.e.,

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Baua Electric

MARCH 8, 2024

Rapido has over 60% market share in Indian bike taxi space. The Ministry of Road Transport and Highways ( MoRTH ) has issued guidelines clarifying the legality of bike taxis in India, potentially paving way for their return in key markets like Delhi and Maharashtra.

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Baua Electric

APRIL 12, 2024

By incorporating these materials into their packs and modules, Log9 will create next-generation energy storage systems with enhanced range, stability, and affordability. Both companies anticipate that the partnership will yield insights into how lithium-sulfur batteries can be further optimized for a range of market applications.

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Baua Electric

FEBRUARY 6, 2024

ride-hailing industry dominated by larger rival Uber Technologies , in a move to lure more drivers to its platform. The ride-hailing market has largely been a duopoly between Lyft and Uber in the United States, with the former that owns a roughly 30% market share locked in a fierce competition with the rival for riders as well as drivers.

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Baua Electric

JANUARY 5, 2024

Renault India and Bajaj Finance are confident that this collaboration will strengthen their position in the market and reaffirm their shared mission of providing outstanding auto financing solutions to customers. New Delhi: Renault India Pvt Ltd. RIPL), the European car brand in India, has partnered with Bajaj Finance Ltd.,

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Baua Electric

APRIL 24, 2024

High interest rate with an average of 34%, pose affordability challenges for prospective buyers. Additionally, uncertainties surrounding EV resale values, financial institutions underwritings, and apprehensions regarding battery risks impede market acceptance.

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Baua Electric

MARCH 7, 2024

lakh units annually to meet the growing demand of the Indian EV market. This initiative will contribute to the development of the EV ecosystem and make charging solutions more affordable and accessible.” This initiative aims to reduce reliance on imports and bolster India’s position in the global EV charger supply chain.

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Baua Electric

MARCH 5, 2024

Chinese EV maker BYD, which launched its third product – the BYD Seal EV sedan – in India on March 5, plans to enhance its market coverage from the existing 65 percent to over 90 percent in the coming years. The company says the South is the biggest EV market in India, followed by the North and West, which are almost equal.

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