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China’s CBL to invest $420 million in Indonesian nickel mining and EV battery manufacturing – Charged EVs

Baua Electric

Chinese EV battery company Ningbo Contemporary Brunp Lygend (CBL) has agreed to invest $420 million in Indonesia’s nickel mining and EV battery manufacturing industries. CBL is a consortium and a subsidiary of China’s Contemporary Amperex Technology (CATL). It’s been signed.

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Despite challenges, India’s EV story likely to pan out, says BNP Paribas | Autocar Professional

Baua Electric

Thailand, for example, is seeking to transition its legacy industry towards an EV future, with Chinese support. Indonesia is using its downstream resources (e.g., The post Despite challenges, India’s EV story likely to pan out, says BNP Paribas | Autocar Professional appeared first on Bauaelectric Auto News.

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Electric Car Watch #11: Hyundai's Electric Car Plans for India

Plug In India

Throw in Chinese electric car companies like BYD, MG Motors, Great Wall and others, and Hyundai India has some serious competition. The electronics support both 400 V and 800 V charging and bidirectional charging. The platform can support fast charging upto 200 kW. billion electric vehicle battery plant in Indonesia.

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Nearly one in five cars sold worldwide in 2023 was electric: IEA | Autocar Professional

Baua Electric

Chinese car makers can undercut rivals in Europe because their production costs are heavily subsidised. In addition, China exported over 4 million cars in 2023, making it the largest auto exporter in the world, among which 1.2 Chinese companies accounted for 75% of electric car sales in 2022, and 45% in 2023. million were EVs.

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The raw materials crunch: How bad, how long, how to solve it?

Charged EVs

Range has increased, access to charging infrastructure has expanded, and major automakers have (finally) begun to actively market their EVs and to prepare for a new era of mass production. Newly charged automakers are finding themselves to be production-constrained , as EV trendsetter Tesla has been for some years.