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NIO Capital invests in Chinese SiC chip maker

CN EV Post

(Image credit: NIO Capital) NIO Capital has invested in a local Chinese silicon carbide (SiC) chip maker as it continues to expand its investments in the new energy vehicle (NEV) industry chain. For more articles, please visit CnEVPost.

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Visiting Chinese trade official warns EU on greentech probe – ET Auto

Baua Electric

He cited the EU’s investigations into Chinese electric cars, solar panels and wind turbines as examples. He cited the EU’s investigations into Chinese electric cars , solar panels and wind turbines as examples. Earlier this week, Wang was in France where he met French Finance Minister Bruno Le Maire.

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US Senate panel expands probe into BMW use of parts from banned Chinese supplier – ET Auto

Baua Electric

The chair of the Senate Finance Committee said on Monday he was expanding its probe into German automaker BMW ‘s use of electronic components from a banned Chinese supplier. The report found Bourns Inc, a California-based auto supplier, had sourced components from JWD, which was added to the UFLPA Entity List in December.

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It’s too late to China-proof the lithium supply chain – ET Auto

Baua Electric

Parts of our key supply chains, including for clean energy, are currently over-concentrated in China,” US Treasury Secretary Janet Yellen said earlier this month during a visit to Chile, home to the largest lithium reserves. billion) into a financing facility to support exports. billion) into a financing facility to support exports.

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BMW imported 8,000 vehicles into US with parts from banned Chinese supplier says Senate report – ET Auto

Baua Electric

.” German automaker BMW imported at least 8,000 Mini Cooper vehicles into the United States with electronic components from a banned Chinese supplier, a U.S. That Chinese company was added to the UFLPA Entity List in December, which means its products are presumed to be made with forced labor.

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Polestar takes $1.6 billion loan to achieve growth targets

Teslarati

Polestar announced today it received financing from two major shareholders, totaling $1.6 This financing round comes only weeks after Polestar announced that it would continue its partnership with Chinese financer Industrial Bank. No financing deals have been reported with the bank yet.

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Car battery maker ACC halts plant construction in Germany, Italy – ET Auto

Baua Electric

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. billion) in financing to build out its capacity, for a total of 13 production lines. In February, the company said it had secured 4.4 billion euros (USD 4.8

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