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Stellantis strengthens ties with China’s auto industry

Teslarati

Stellantis recently repurchased €934 million in shares from Chinese auto company Dongfeng as per a pre-existing share repurchase framework. is a state-owned automobile manufacturer headquartered in Wuhan, Hubei. The post Stellantis strengthens ties with China’s auto industry appeared first on TESLARATI.

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Auto Industry and Utilities Urge President Obama to Create to National Electric Fuel Task Force to Accelerate Plug-in Adoption

Green Car Congress

Organizations representing auto manufacturers, electric utilities and the electric drive industry are calling on President Obama to establish a new National Electric Fuel Task Force to help accelerate the adoption of plug-in electric vehicles and the necessary infrastructure. Tags: Electric (Battery) Plug-ins Policy.

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SAE International Forms New Committee to Create Vehicle Battery Standards

Green Car Congress

SAE International is creating a new Vehicle Battery Standards Committee which will serve as a center for standardization to support the ongoing development of new and advanced battery technologies. The Alliance of Automobile Manufacturers fully supports the creation by SAE of a new Vehicle Battery Standards Committee.

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NIO keeps goal of doubling sales this year despite price war causing greater challenges

CN EV Post

NIO (NYSE: NIO) is confident it will see sales double this year, despite a rare price war that disrupted the Chinese auto industry in the first quarter. The price war has had a big impact on the auto industry, and NIO will not follow suit. percent from a year earlier and up 14.3 percent from February.

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The Auto Industry Must Aim 100% Electrification In 2 & 3-wheeler Segments Says Amitabh Kant

Get Electric Vehicle

According to the Society of Indian Automobile Manufacturers, domestic two-wheeler sales in 2021-22 were 1,34,66,412 units, three-wheeler sales were 2,60,995 units, and overall vehicle sales across categories were 1,75,13,596 units (SIAM). “It has dropped by more than 100% in the last five to six years.

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China's NEV sales up 24% MoM to 653,000 in Mar, CAAM data show

CN EV Post

percent from February, according to data released today by the China Association of Automobile Manufacturers (CAAM). The CAAM released data on wholesale sales by automakers, where NEVs include battery electric vehicles (BEVs), plug-in hybrid vehicles (PHEVs) and fuel cell vehicles. percent year-on-year and up 24.4

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Chery's NEV unit cuts vehicle prices by up to 10%

CN EV Post

The price of lithium carbonate, a key raw material for batteries, has fallen sharply in the past few months , with the current price having dropped about 50 percent from its high point last November. After Tesla cut prices earlier in the year, several NEV makers followed suit. For Chery, its performance at the beginning of the year was weak.

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