Baua Electric

APRIL 19, 2024

billion euros worth of new orders in the quarter, more than half of which came from Asia on the back of new deals with Chinese automakers. European automotive supplier Forvia reported higher organic sales for the first-quarter on Thursday driven by strong North America, and said new awards from Chinese carmakers had boosted quarterly orders.

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Baua Electric

APRIL 25, 2024

Car parts makers face slowing auto production, leaving suppliers with excess capacity, and are striving to reduce costs, including laying off workers, as Chinese EV makers expand in Europe. As a result, EV high-voltage activity almost halved in the quarter, the CEO said. It reported quarterly sales of 5.43 billion euros (USD 5.82

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Baua Electric

MAY 23, 2024

Electric vehicle maker Tesla has begun construction of a factory in Shanghai to make its Megapack energy storage batteries, Chinese state media reported Thursday. Tesla opened an EV plant in Shanghai in 2019 that assembles cars for China, Europe and other overseas markets. 2 seller in the booming Chinese market for electric vehicles.

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Baua Electric

JUNE 14, 2024

Many Chinese makers of electric cars are introducing advanced assisted driving features on their mass-production cars. Across China, 16 or more cities have allowed companies to test driverless vehicles on public roads, and at least 19 Chinese automakers and their suppliers are competing to establish global leadership in the field.

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Baua Electric

JANUARY 17, 2024

The partnership comes as the European auto industry readies for a “battery passport” that will trace the content and carbon footprint of EV cells sold in Europe. Circulor CEO Douglas Johnson-Poensgen said the company was currently talking to companies up and down the EV battery cell supply chain.

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Baua Electric

MAY 9, 2024

Chinese battery makers grew faster than rivals to account for more than two-thirds of global EV battery capacity last year, according to data from consultancy Counterpoint Research. Automotive battery manufacturers have been hit by slowing growth in EV demand in the United States and Europe and cut-throat competition in China.

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CN EV Post

APRIL 1, 2023

platform at the Shanghai auto show, with the all-new ES6 making its debut. NIO (NYSE: NIO) will have the facelift of its previously popular ES6 SUV unveiled at the Shanghai auto show later this month, marking the first time the company has unveiled a new model at an auto show. For more articles, please visit CnEVPost.

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Baua Electric

JUNE 6, 2024

Morocco’s geographic location close to Europe, its free trade agreements with key EU and U.S. markets and its existing automotive industry make it attractive to Chinese EV battery makers. bn EV battery gigafactory in Morocco – ET Auto appeared first on Bauaelectric Auto News.

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Baua Electric

MAY 6, 2024

Poor prospects What jobs remain are under increasing pressure from Chinese competitors, who are hauling in a growing share of the market. The Chinese battery-maker CATL has grown in short order to become the world’s third largest auto supplier, in a sector still led by Bosch, according to consultancy Roland Berger.

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Baua Electric

JANUARY 17, 2024

Pluvinage said OneD is “already in negotiations” with customers to build a similar plant in Europe. Over the last decade, Chinese suppliers have flooded the market for polysilicon – high-purity silicon – market with cheap supplies, making new U.S. Koch Modular, minority-owned by U.S.

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Baua Electric

MAY 9, 2024

New Delhi: It is no secret that Chinese component makers are aggressively scouting global markets for increasing their already tight grip on the nascent battery electric vehicle (BEV) industry. What do Indian suppliers with global ambitions in the BEV segment do to thwart this aggressive posturing by the Chinese?

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Baua Electric

APRIL 12, 2024

Globally, geopolitics and Europe’s carbon regulations will pose challenges to China’s international shipments. “In 2024, the entire world is in a stage of reconfiguring supply chains, geopolitics are bringing new challenges to supply chains,” CNESA said in the white paper.

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Baua Electric

APRIL 24, 2024

Chinese electric vehicle (EV) maker XPeng on Thursday said its software and artificial intelligence training upgrades will enter a “super fast cycle” from May, and that it hopes use of its platform will expand to other Asian countries and Europe.

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Baua Electric

APRIL 11, 2024

Globally, geopolitics and Europe’s carbon regulations will pose challenges to China’s international shipments. “In 2024, the entire world is in a stage of reconfiguring supply chains, geopolitics are bringing new challenges to supply chains,” CNESA said in the white paper.

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Baua Electric

APRIL 29, 2024

Chinese state media reported that he met Premier Li Qiang in Beijing but did not say what they discussed. automaker won a key endorsement that coincided with his trip – from a top Chinese auto association which said Tesla’s Model 3 and Y cars were among models found to be compliant with China’s data security requirements.

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Baua Electric

MAY 1, 2024

His visit last weekend to China, where collecting data on driving behaviour is relatively easier than in the US or Europe, could yield the breakthrough Tesla has been seeking for a decade. Musk has been struggling to lay his hands on enormous amounts of data to feed AI in cars to be able to drive themselves.

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Baua Electric

JANUARY 22, 2024

Chinese manufacturer CALB is planning on building a lithium-ion battery factory in Portugal, the APA Portuguese environment agency said on Monday. Portugal has the largest reserves in Europe of lithium, the main element in the batteries that power electric cars. The two billion-euro (USD 2.2

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Baua Electric

MARCH 26, 2024

Most of the metals used in batteries that power EVs are mined and processed outside Europe, and there are growing concerns about the region’s heavy reliance on China for the materials. A pioneer in electric vehicles with partner Nissan last decade, Renault has been overtaken by Tesla and several Chinese brands.

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Baua Electric

JUNE 4, 2024

The new ACC sites are among dozens of battery projects emerging in Europe as it seeks to reduce reliance on Chinese producers that dominate the market.

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Baua Electric

APRIL 26, 2024

It’s taken Huawei just four years to become a force in smart car technology , navigating the devastation of trade sanctions on its smartphones business while simultaneously developing a driver assistance system that is the darling of the Beijing auto show. ” said Evangelos Simoudis, an investor and corporate adviser.

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Teslarati

MARCH 23, 2023

Now, according to Reuters , lithium prices have hit all-time lows in China, following similar movements in North America and Europe. Several factors have likely helped push Chinese lithium to its meager price. Several factors have likely helped push Chinese lithium to its meager price. What do you think of the article?

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CN EV Post

APRIL 24, 2023

Tesla is initially opening 10 Supercharger stations in the Chinese mainland for 37 non-Tesla models. Image credit: CnEVPost) Tesla announced today that it is opening its Supercharger network in the Chinese mainland on a pilot basis to other brands of electric vehicles (EVs), following its practice in more than 10 other markets.

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Clean Fleet Report

FEBRUARY 13, 2024

Some Are Coming to the USA; Some Are Here This article may contain affiliate links. BYD Auto BYD Auto is currently the top-selling EV manufacturer in the world, having overtaken Tesla in late 2023. Zhidou Zhidou is a Chinese manufacturer of electric microcars. Asia’s EV market is growing rapidly.

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Baua Electric

JANUARY 11, 2024

South Korea’s SK On plans to start mass producing lithium iron phosphate (LFP) batteries as early as 2026 to supply several automakers as it pushes to deliver a lower cost battery chemistry favoured by its Chinese rivals, a senior executive said. Choi said SK On is considering manufacturing LFP batteries in Europe or China.

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Baua Electric

JANUARY 15, 2024

Chinese EV maker Nio has commercialized 150 kilowatt hour (kWh) semi-solid-state batteries for its EVs, manufactured by Beijing Welion New Energy, which have a range of up to 1,000 km. Nio sells EVs in China and Europe and operates a battery-swapping service for its vehicles.

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Teslarati

DECEMBER 12, 2022

Geely, a Chinese auto group, is reportedly pursuing an initial public offering in the United States for its new luxury EV brand, Zeekr. Zeekr was established in 2021 alongside its 001 crossover vehicle at the Shanghai Auto Show, but very little is known about the brand or its first vehicle(s). What do you think of the article?

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Teslarati

MAY 15, 2023

Now, Ford has unveiled yet another cost-cutting effort, this one aimed at making its Chinese offerings more competitive. Predominantly, Ford will reportedly be cutting 1,300 jobs in China, falling in line with Europe as the auto giant focuses its engineering skill in the United States while maintaining manufacturing centers in other regions.

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CN EV Post

APRIL 12, 2023

The Chinese public can submit feedback between April 12 and April 18. 7 will enhance the upper mid-size class in Europe, China and North America," Volkswagen said in an April 5 press release. A month ago, as the price war in China's auto industry intensified, FAW-Volkswagen offered discounts of up to RMB 40,000 on ID.

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Teslarati

OCTOBER 19, 2021

The narrative surrounding Tesla appears to have shifted for the better in China, with Xinhua News Agency , the official state-run press agency of the People’s Republic of China, recently posting a glowing analysis of the EV maker’s effect on the country’s auto sector. Don’t hesitate to contact us with news tips.

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Teslarati

NOVEMBER 19, 2022

But, the news released today regarding Volkswagen’s pre-existing EV production does build confidence in the German auto giant. Regarding other European Volkswagen plants, many expect Europe’s regulatory push towards electric vehicles to significantly motivate Volkswagen to increase EV production.

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Teslarati

JUNE 21, 2022

Renault Group announced yesterday that it would be entering a joint venture with Chinese parts manufacturer Minth Group to expand an existing production facility to manufacture battery parts. What do you think of the article? Do you have any comments, questions, or concerns? Shoot me an email at william@teslarati.com.

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Revenge of the Electric Car

JUNE 1, 2010

Journal article: China to Subsidize Electric Cars. Here’s the text of the entire article, in case the link goes bad: [link]. Japan and Europe. Auto industry executives said the subsidies are likely to apply only to vehicles produced in China, although that wasn’t clear from the government notice.

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Baua Electric

APRIL 25, 2024

The term “Chinese manufacturing” makes most of us in the West think of cost reductions and competitive pricing – not heavily automated manufacturing and multi-tier quality assurances. Yadea now has a growing presence in Europe and has recently set its sights on a major expansion into North America. I don’t mean that as a slight.

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CN EV Post

APRIL 16, 2023

at a launch event in Shanghai today, saying that the new SUV G6, which will be unveiled on the first day of the Shanghai auto show on April 18, will be the first new model to be built on SEPA 2.0. the XPeng G6 coupe SUV, will be unveiled at the Shanghai auto show on April 18, the company said. With the SEPA 2.0

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Charged EVs

AUGUST 1, 2023

How much more are people willing to pay to get US graphite compared to Chinese suppliers? Jon Jacobs: The main thing I’m hearing is that the rules pertaining to Chinese company involvement aren’t totally clear. Meanwhile, a few Chinese companies want to build plants in the US, but the reply from different states is inconsistent.

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Baua Electric

MAY 14, 2024

Jeremiads lamenting China’s takeover of the global auto industry are everywhere these days. Each reaches basically the same conclusion: the global non-Chinese automakers will never be able to catch up unless they radically change their corporate mindsets. Foreign brands gradually lost the cachet they once had with Chinese consumers.

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Baua Electric

JUNE 12, 2024

Europe also faces a glut of battery capacity, yet governments are pushing for more. The report found that lithium iron phosphate batteries are gaining popularity for powering electric cars , particularly among Chinese automakers. Among efforts to woo battery makers, the administration offered a conditional USD 9.2

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