Baua Electric

APRIL 30, 2023

Prices for industrial materials such as ferrous and nonferrous metals are plummeting, with steel marking a five-year low as concerns grow about a slowing Chinese economy and a resulting supply glut, reported Nikkei Asia. The increase in inexpensive Chinese steel could hurt steelmakers in other countries.

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Baua Electric

MAY 9, 2024

billion) in financial aid to support efforts of the country’s EV sector to secure a self-sufficient supply chain. South Korea on Wednesday welcomed a US decision to extend automakers’ eligibility for electric vehicle tax credits for cars containing Chinese graphite through 2026. The ministry added that it would provide 9.7

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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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CN EV Post

JULY 4, 2022

CITIC Securities sees both supply and demand improving for NIO, Li Auto, and XPeng, and the Chinese EV industry facing a high boom in the second half of the year. The post CITIC Securities bullish on NIO, Li Auto, XPeng in H2, citing improving supply and demand appeared first on CnEVPost.

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Baua Electric

APRIL 7, 2024

It said the two partners would share market intelligence about “non-market” policies and practices, which they argue prevail in China, and consult on planned action to address distortions on the global supply chain. European Commission Vice President Margrethe Vestager, who oversees EU policy on technology, said the EU and U.S.

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Baua Electric

MARCH 15, 2024

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. The global lithium industry is so interwoven with Chinese capital now that it’s going to be impossible to unpick.

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Baua Electric

MAY 3, 2024

1 restricting Chinese content in batteries eligible for EV tax credits of up to USD 7,500, which sharply cut the number of eligible vehicles. Automakers have since made changes to supply chains and won restored eligibility for many vehicles. New rules took effect on Jan. EV battery chain away from China.

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Baua Electric

JANUARY 31, 2024

Tesla is expanding its battery facility in Sparks, Nevada to bring the supply chain for cheaper lithium iron phosphate batteries (LFP) to the United States, Bloomberg News reported on Wednesday. China currently houses the largest manufacturers of LFP batteries, including BYD and CATL, which supply Tesla.

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Baua Electric

JUNE 4, 2024

New Delhi: Marelli has been awarded a significant contract from a major global carmaker to supply the Battery Thermal Plate (BTP) for future Battery Electric Vehicles (BEVs). The supply will begin in 2024, reaching approximately 5 million units over the contract period.

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Baua Electric

JANUARY 31, 2024

Volkswagen operates a plant in Xinjiang as part of a joint venture with Chinese state-owned carmaker SAIC Motor. Automakers including Tesla, General Motors, Volkswagen and Toyota are failing to ensure they are not using forced labor as part of their China supply chains, a report released Thursday by Human Rights Watch says.

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Teslarati

MARCH 30, 2023

Besides the massive retooling effort that has taken the auto industry by storm over the past two years, the search for raw materials for EV batteries has become a growing priority for automakers. As automakers look to move away from the more controversial rare earth elements, nickel supplies will likely only become increasingly important.

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Baua Electric

FEBRUARY 29, 2024

China’s lithium futures rallied for a sixth day on Wednesday, amid growing supply concerns after Beijing asked a main producing region to limit the environmental impact of lithium exploration. Measures taken by producers to address the environmental could slow down their operation and affect production and supply, analysts said.

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Baua Electric

MAY 20, 2024

.” 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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CN EV Post

MARCH 13, 2023

Earlier this year, Tesla did not request the additional supply of BYD batteries for the standard, low-cost trim version of the Model 3 after its contract to supply them expired, the report said, citing industry sources. So right now, it looks like it's Tesla and the Chinese battle, Westly said. BYD increased its prices.

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Teslarati

MARCH 23, 2023

Several factors have likely helped push Chinese lithium to its meager price. Foremost, the Chinese government recently ended incentives for electric vehicles, which has slightly slowed their adoption in recent weeks. What do you think of the article? But how could this affect Tesla pricing?

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Baua Electric

APRIL 11, 2024

“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. Industry sources say energy storage projects are largely unprofitable to operate because of high upfront costs.

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Baua Electric

FEBRUARY 1, 2024

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. Two people said that short supplies of the MDC 810 had affected production of the Alpha S in the past. 1, according to the company.

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Baua Electric

APRIL 12, 2024

Growth in China’s battery storage capacity could slow down in 2024, according to an industry association, as energy storage struggles with low profitability. Industry sources say energy storage projects are largely unprofitable to operate because of high upfront costs.

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Baua Electric

JANUARY 17, 2024

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. push via the Inflation Reduction Act and moves in Europe to own more of the EV supply chain have helped make a U.S.

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Baua Electric

MAY 21, 2024

Panasonic, whose energy unit makes batteries for Tesla , is closely watching its Chinese supply chain and battery material procurement following China’s move last year to tighten graphite export controls, Yuki Kusumi said. A slowdown in the take-up of electric vehicles in the U.S.

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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 24, 2024

Chinese tech company Huawei unveiled on Wednesday a new software brand for intelligent driving , marking its latest push to become a major player in the electric vehicle industry.

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CN EV Post

MARCH 26, 2023

Image credit: Chery New Energy) Chinese auto giant Chery's new energy vehicle (NEV) division has slashed the prices of several models, becoming the latest car company to do so. For more articles, please visit CnEVPost. In January-February, Chery's NEV sales were 13,293 units, down 57.6

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Baua Electric

APRIL 23, 2024

European automakers face a trifecta of challenges: soft demand due to higher borrowing costs that discourage car purchases, fierce competition from Chinese rivals, and higher input costs squeezing their margins.

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CN EV Post

MARCH 28, 2023

In January and February, year-on-year growth in Chinese vehicle demand was slightly weaker, but BYD still maintained strong growth, the company's chairman and president, Wang Chuanfu, said at a conference today. China's home appliance and mobile phone industries have been through this, and the NEV industry will be no exception, he said.

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Teslarati

MARCH 28, 2023

According to Mercedes, the upcoming lithium hydroxide plant will begin supplying the automaker with critically needed lithium in 2026, along with a series of other production changes that are going on simultaneously. “For Mercedes-Benz, the shift towards electric mobility also means a change in our supply chains.

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Baua Electric

MARCH 14, 2024

Nio currently buys most of its batteries from CATL and has been exploring battery supplies from new partners such as CALB. Chinese electric vehicle maker Nio on Thursday signed a partnership agreement with battery giant CATL to develop longer life batteries as part of efforts to lower overall EV costs.

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Baua Electric

APRIL 4, 2024

The Moroccan government is in talks to attract more electric battery manufacturers as it seeks to adapt its growing automotive sector to an increasing demand for electric vehicles, industry and trade minister Ryad Mezzour said. The automotive sector tops Morocco’s industrial exports at USD 14 billion in 2023, up 27%.

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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

JUNE 4, 2024

EV market demand has shifted toward so-called LFP batteries, which are less powerful but also less expensive and longer lasting than NMC batteries, and increasingly found on cars made by industry leaders Tesla and China’s BYD.

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Baua Electric

FEBRUARY 29, 2024

New Delhi: CATL and BYD are set to halve battery prices in 2024, with CATL focusing on optimizing production resources to achieve cost reductions, a website focused on coverage of the new energy vehicle industry in China has reported. CATL plans to supply automakers with 173 Ah VDA-spec LFP cells boasting 2.2C

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Baua Electric

JANUARY 31, 2024

Chinese electric vehicle (EV) battery giant CATL forecast net profit growth of up to 48.1% lawmakers for its use of technology supplied by CATL. CATL expects 2023 net profit of between 42.5 billion yuan and 45.5 billion yuan (USD 5.92-6.34 billion), up 38.3-48.1% from a year earlier, a Shenzhen Stock Exchange filing showed.

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Baua Electric

APRIL 8, 2024

But he added that while a shortage of chips were a big constraint for the development of AI so far, electricity supply will be crucial in the next year or two. He has previously warned that Chinese rivals will demolish global rivals without trade barriers.

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Baua Electric

MARCH 18, 2024

China is falling short when it comes to decarbonising its huge steel industry, with slowing demand, low recycling rates and lingering overcapacity concerns hindering the transition towards lower-emission production, researchers said on Tuesday. Currently, most of China’s steel scrap supplies are used by traditional blast furnaces.

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Baua Electric

MAY 6, 2024

The relocation means a new career for 49-year-old Karaca, one of a rising number of workers in companies supplying Germany’s vital automotive sector who are being hit by a tsunami of redundancies. Brussels has promised to do more to boost the domestic car industry and tackle unfair competition from cheaper Asian rivals.

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Baua Electric

MARCH 25, 2024

Australia’s Pilbara Minerals has agreed to a study with Chinese customer Ganfeng Lithium on options to build a 32,000 metric-ton-per-year lithium conversion facility in a country yet to be decided, the companies said on Monday. It has committed to supply 300,000 tonnes of spodumene a year for the project if it goes ahead.

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Get Electric Vehicle

DECEMBER 3, 2021

So that’s cleared up but there is one more area that has been overlooked which is the pollution involved with the supply chain of EVs. EV Supply chain and Pollution. Almost a quarter of direct carbon dioxide emissions from burning fuel is attributed to the transportation industry and passenger cars account for around 45% of this.

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