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Auto supplier Forvia posts organic sales growth for Q1 on strong N.America – ET Auto

Baua Electric

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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Slowing EV uptake may delay Panasonic’s EV battery expansion, says CEO – ET Auto

Baua Electric

may prompt Tesla-supplier Panasonic to delay investing in additional plants to boost its automotive battery capacity in North America, the Japanese group’s chief executive said. Kusumi’s remarks may suggest Panasonic will not build a third battery plant in North America with its energy unit any time soon.

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Sona Comstar adopts 3-pronged strategy to beat China globally in EV parts supply – ET Auto

Baua Electric

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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OneD, Koch Modular partner to scale up silicon-graphite EV anode materials – ET Auto

Baua Electric

OneD Battery Sciences and Koch Modular said on Wednesday they have teamed up to build a factory in North America to produce enough silicon-graphite anode material to supply batteries for around 1 million EVs annually. Koch Modular, minority-owned by U.S. production uneconomical, Koch Modular president George Schlowsky told Reuters. .”

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Chinese automakers hit by production issues with Huawei computing unit, sources say – ET Auto

Baua Electric

Some Chinese automakers have had to delay deliveries of flagship models due to production issues with a computing unit made by tech giant Huawei , five people with knowledge of the matter said. Changan Auto has said it plans to own up to 40% of the new company. Huawei, Chery and Seres did not respond to Reuters requests for comment.

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Drone co IdeaForge to enter new segment – ET Auto

Baua Electric

North America has a very clear embargo on specific Chinese OEMs, as well as they have embargo on components coming from specific countries in the world. “We are very vertically integrated in technology. We get (some) subsystems from geographies that are not of concern. The ability to ship from here as become real.

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Another Tesla price cut possible thanks to plummeting lithium prices

Teslarati

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. What do you think of the article? But how could this affect Tesla pricing?

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