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Volvo Cars Tech Fund invests in electric car charging company FreeWire

Green Car Congress

Volvo Cars has acquired a stake in mobile EV rapid charging company FreeWire Technologies ( earlier post ) via the Volvo Cars Tech Fund. FreeWire is a San Francisco-based company that has been a pioneer in flexible fast-charging technology for electric cars. —Zaki Fasihuddin, CEO of the Volvo Cars Tech Fund.

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China Needs More Ships to Handle Its Rapidly Growing EV Exports

The Truth About Cars

The country’s tech, automotive, and manufacturing industries have become juggernauts in their respective sectors, and the Chinese auto industry has solidified itself as a global force. China had long been a sort of a sleeping giant in the world economy, though it hasn’t been so sleepy over the last few decades.

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GlobalData: Global automakers earmark nearly US$600B for EVs over next decade

Green Car Congress

Therefore, automakers are committing operational investments of nearly US$600 billion to secure their position in the future automotive market, according to GlobalData, a leading data and analytics company. Prior to this, Toyota had only a few BEV models manufactured with its Chinese partner GAC Group. billion investment through 2030.

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BYD: Autonomous Vehicles Are "Basically Impossible"

The Truth About Cars

BYD, China’s largest electric automaker, isn’t as gung-ho about autonomous vehicles as many other auto industry giants. A company spokesperson recently said that BYD believes self-driving tech that is “fully separated from humans is very, very far away, and basically impossible.”&

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Comment on Nio App stops showing delivery wait times as Chinese New Year holiday approaches by Tommy

CN EV Post

I think BaaS is brilliant and had it been brought to market in America and run by someone with a modicum of intelligence on how the auto industry works. Look into William Li's education and ask yourself if it's a surprise he's as clueless as he seems in the realm of managing a high tech growth company.

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BYD would still have the cheapest EV in the US, even with a 100% tariff

Baua Electric

After discontinuing the production of vehicles powered entirely by internal combustion engines in March 2022, BYD has been at the forefront of the industry’s shift to EVs. The company began building lithium-ion batteries in 1996. Its early ventures into the battery industry helped BYD become the industry juggernaut it’s known as today.

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Ford and Zotye forming JV in China for EVs; Ford’s third JV in the country

Green Car Congress

Ford Motor Company and Zotye have agreed to establish Zotye Ford Automobile Co., The two companies had signed a memorandum of understanding back in August to explore the possibility of such a venture. and board director of Zotye Auto. Zotye Auto is a pioneer in the Chinese all-electric vehicle segment.

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