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Visiting Chinese trade official warns EU on greentech probe – ET Auto

Baua Electric

He cited the EU’s investigations into Chinese electric cars, solar panels and wind turbines as examples. Wang Wentao is traveling through Europe for discussions about the European Commission’s investigation into whether China’s electric vehicle industry has benefited from unfair subsidies.

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US, EU eye Chinese legacy chips in renewed semiconductor accord – ET Auto

Baua Electric

The United States and the European Union committed to extend by three years their cooperation on identifying disruptions in the semiconductor sector, with a particular emphasis on mainstream “legacy” chips from China.

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Baidu, Tesla said to have agreed on mapping deal for FSD in China – ET Auto

Baua Electric

Baidu and Tesla’s partnership dates back to early 2020, with Tesla already using Baidu’s navigation map, similar to what’s available on smartphones, in its vehicles in China. The deal was struck recently and comes as Tesla CEO Elon Musk’s visit to China and met with Premier Li Qiang.

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China’s battery storage capacity growth likely to slow in 2024 – ET Auto

Baua Electric

CNESA forecast improvements in the economics of battery energy storage in China this year, without providing specifics. Growth in China’s battery storage capacity could slow down in 2024, according to an industry association, as energy storage struggles with low profitability.

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Hungary expects $3B in unutilized Chinese language auto business funding

Baua Electric

billion) in unutilized Chinese language investments within the automobile sector, additional boosting the central Ecu public as a regional heart within the transition to electrical mobility, International Minister Peter Szijjarto mentioned. Closing age, Chinese language battery maker Eve Energy introduced a $1.2

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China’s battery storage capacity growth likely to slow in 2024 – ET Auto

Baua Electric

Growth in China’s battery storage capacity could slow down in 2024, according to an industry association, as energy storage struggles with low profitability. Under a more “ideal” scenario, the association sees China’s new energy storage capacity installations rising 19% year-on-year to 41.2GW, the white paper found.

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Stellantis’ joint venture in China to launch soon and is confirmed as ‘Leapmotor International’

Baua Electric

billion stake in Chinese OEM Leapmotor, Stellantis is reportedly poised to officially launch a new joint venture between the two automakers to sell the former’s China-built EVs globally. The ongoing saga appears closer than ever to a solidified joint venture between China’s Leapmotor and Europe’s Stellantis ($STLA).