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NIO planning on releasing affordable electric car for European market: report

Teslarati

Chinese electric vehicle manufacturer NIO appears to be preparing to capture some market share from mainstream automakers like Volkswagen. During the Shanghai Auto Show earlier this month, Li cautioned fellow Chinese electric vehicle manufacturers. NIO is steadily becoming a more experienced automaker.

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After chiding Ford for US CATL battery plan, GM may be seeking its own

Baua Electric

battery-supply deal with China’s CATL, Car News China reports. In September, GM CEO Mary Barra told The Wall Street Journal that Ford’s partnership with CATL “could be the harbinger of Chinese domination of U.S. General Motors is negotiating a U.S. car manufacturing.” LFP battery tech originated in the U.S.,

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Stellantis Investors Fume Over CEO Pay Amid Job Cuts, Plant Closures, Supplier Strife

The Truth About Cars

Lower overhead in terms of production costs are supposed to help them endure the onslaught of cheaper Chinese EVs that are assumed to flood the market as European governments effectively mandate electric vehicles. Legal challenges have also been raised on behalf of the manufacturer.

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Tesla China’s rumored May sales slump debunked by CPCA Secretary General

Teslarati

Tesla’s rumored sales slump in China doesn’t seem to be a worry of Cui Dongshu, the Secretary General of the Chinese Passenger Car Association. However, Cui told Chinese media outlet the Global Times that he doesn’t necessarily believe that sales will be that low. Tesla stock plummeted after the reports.

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Investigation Faults Ford Battery Supply Over National Security Issues

The Truth About Cars

Following fears that Ford’s electric vehicle supply chain may represent a national security issue , concerned legislators are doubling down by outlining the path battery components are required to take in order to get here. But it’s requiring additional integration with a company boasting ties to both the Chinese government and its military.

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