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China says it will ‘rein in’ the flood of EVs coming our way

Baua Electric

But now China has said it will “rein in” some of its huge EV expansive in response to criticism of “unfair” industrial and trade policies. There are also some disorderly competition behaviors,” Xin Guobin, vice-minister of industry and information technology, told the Financial Times. FTC: We use income earning auto affiliate links.

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China’s EV brands are coming to bury US automakers—or are they? – Charged EVs

Baua Electric

We EV pundits have been writing about the rise of the Chinese EV industry for years. Chinese OEMs are now producing good-quality vehicles, and thanks to cheap labor, government subsidies and economies of scale, they’re able to offer these at prices no Western automaker can hope to match. They are not eager to invest.”

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Why Warren Buffett is investing in electric car company BYD - Apr. 13, 2009

Tony Karrer Delicious EVdriven

The car came straight to Omaha from the Detroit auto show. BYDs breakthrough all-electric E6, photographed at this years Detroit auto show. tech industry during the 1990s. Today BYD employs 130,000 people in 11 factories, eight in China and one each in India, Hungary, and Romania. "Too many new roads."

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Buffett's Chinese electric car company

Tony Karrer Delicious EVdriven

Within a few years, BYD’s batteries were cheaper and just as reliable as those made by industry giants ony and Sanyo. Today, BYD employes 130,000 people in 11 factories, either in China and one each in India, Hungary and Rumania. Then Mr. Wang, as he’s known, got into the automobile business by buying a failing state-owned carmaker.

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2020 Top 10 Countries in the Global EV Revolution

EV Sales

Since the general auto market remained slumped, global EV market share increased nicely from 2.8% France’s auto industry is probably the largest Western auto industry that goes completely under the radar in the US. If Norway also had an auto or EV-battery industry, no country could catch it in the charts.

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