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BYD’s strategy to take over Europe [Feature]

Teslarati

BYD and other Chinese automakers have studied the European auto market for years. The publication also shared details about how other Chinese automakers are entering the European market and their plans to beat top-selling brands like Tesla and Volkswagen in the EU’s local electric vehicle (EVs) market.

Europe 87
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BloombergNEF annual battery price survey finds prices fell 6% from 2020 to 2021

Green Car Congress

However, even lower-cost chemistries such as LFP—which is particularly exposed to lithium carbonate prices—have felt the bite of rising costs throughout the supply chain. Since September, Chinese producers have raised LFP prices by between 10-20%. This will help to ease lithium prices. This will help to ease lithium prices.

Price 469
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BYD signs deal to supply 5,000 EVs to UK car rental firm Octopus EV over 3 years

CN EV Post

BYDDY.US | BYD HK (Image credit: BYD) BYD (OTCMKTS: BYDDY), which just last week officially announced its entry into the UK passenger car market, has signed a purchase agreement with a local car rental company. The initial order will include the BYD Atto 3, which will be available under the so-called Salary Sacrifice program.

BYD 62
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Tesla in talks with new LFP cell supplier for low-cost battery deal: report

Teslarati

Tesla is reportedly in talks with Chinese battery maker EVE Energy Co for a potential supply deal for low-cost batteries. EVE’s batteries will reportedly be used to boost Gigafactory Shanghai’s supply chain, as per information related to Reuters by individuals familiar with the matter. .

Low Cost 145
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National Electric Vehicle Sweden AB acquires assets of Saab Automobile to create new EV company; first model based on 9-3 due year-end 2013/2014

Green Car Congress

National Electric Vehicle Sweden AB (NEVS)—an international consortium formed by Chinese, Japanese and Swedish stakeholders—and the Receivers of the Saab Automobile bankruptcy estate ( earlier post) signed a purchase agreement covering the main assets of Saab Automobile AB, Saab Automobile Powertrain AB and Saab Automobile Tools AB.

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Report: Mercedes Having Tough Time Selling EVs

The Truth About Cars

A Mercedes store operator said he has a more than six-month supply of EVs compared with about a 50-day supply of gasoline-powered vehicles. Executives acknowledge an oversupply of the top-line EQS at the expense of the more affordable EQB and EQE crossovers, a retail source briefed on the matter said.

Mercedes 128
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India becomes South Africa’s top country for vehicle imports

Baua Electric

Also Read : EU says deadline for Chinese EV price offers has passed China and India have consistently featured as two of the South African automotive industry’s top 10 trading partners since 2010, mainly due to the increasing level of automotive imports.

India 52