Teslarati

MARCH 22, 2024

Renault CEO Luca de Meo released a 19-page open letter to Europe describing an auto European plan to protect against the ‘onslaught of electric vehicles (EV)’ coming from China.” Meo stated that the center of the global automotive market has gravitated toward Asia. China is making rapid inroads into the all-electric vehicle segment.

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Baua Electric

MAY 3, 2024

1 restricting Chinese content in batteries eligible for EV tax credits of up to USD 7,500, which sharply cut the number of eligible vehicles. China currently accounts for 70% of global output of graphite, which is used to make electric battery anodes, the negatively charged portion of the battery. New rules took effect on Jan.

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The Truth About Cars

AUGUST 14, 2023

The Chinese giant is one of the world’s busiest EV automakers, with almost 1.9 Though enormous, BYD isn’t satisfied with dominating its home market and wants the rest of the Chinese electric auto industry to come with it. Though it’s behind Tesla in global sales, BYD is king in China.

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Electrek

JANUARY 18, 2023

Having already expanded into several countries throughout Europe, Build Your Dreams (BYD) has announced that sales of its EVs will begin in the UK this quarter. The post BYD continues expansion to UK – could it pass Tesla in global BEV sales this year as projected?

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Baua Electric

MARCH 23, 2024

The auto industry is electrifying, and all new cars will be electric in the relatively near future. And yet, the auto industry – which is responsible for more pollution than any other sector, at least in rich countries – still lobbies to worsen emissions reduction targets, even when those targets were already pushed back to begin with.

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Baua Electric

APRIL 22, 2024

More than 1 in 5 cars sold globally this year is expected to be electric, with surging demand projected over the next decade, says a new International Energy Agency (IEA) report. The latest IEA Outlook report asserts that global EV sales are set to remain “robust” in 2024, reaching around 17 million by the end of the year.

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CN EV Post

APRIL 17, 2023

While auto shows have generally started to lose some significance as automakers turn to dedicated launch events, this year's Shanghai auto show could be an exception, said Deutsche Bank analyst Edison Yu's team. (A A file photo taken by CnEVPost at the Shanghai auto show two years ago shows an ET7 wrapped in a blanket.)

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Baua Electric

MAY 9, 2024

Chinese battery makers grew faster than rivals to account for more than two-thirds of global EV battery capacity last year, according to data from consultancy Counterpoint Research. It has a plant in Nevada and has broken ground on a second one in Kansas, which would take its auto battery capacity to 80 gigawatt hours (GWh) a year.

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Baua Electric

JANUARY 3, 2024

Tesla and Chinese automaker BYD were the two global contenders for most EV sales in 2023. That was helped by an approximately 70% jump in sales in December. Tesla has used price cuts to help jolt sales, but BYD has its own battery business, giving it greater control over prices. automaker in the fourth quarter.

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Teslarati

NOVEMBER 23, 2023

Stellantis recently repurchased €934 million in shares from Chinese auto company Dongfeng as per a pre-existing share repurchase framework. Stellantis and CATL sign LFP battery supply agreement Besides its relationship with Dongfeng, Stellantis has formed partnerships and invested in other Chinese companies.

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EV Central

APRIL 29, 2024

The sleek electric sedan that is a big chance to lead Chinese-Swedish premium Lynk & Co’s Australian launch has been revealed in official teaser photography. Geely, which also owns Volvo, Polestar, Lotus and others, announced back in 2021 Lynk & Co would go on-sale in Australia in 2025. Dubbed the Lynk & Co Zero, the 5.0

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Baua Electric

MARCH 31, 2024

According to Felipe Munoz, Global Analyst at JATO Dynamics: “As the economic outlook has continued to improve, the car market has gone from strength to strength. JATO’s data revealed that these vehicles were responsible for 61% of total sales in February 2024, in comparison to the 62% registered in February 2019.

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Green Car Congress

JANUARY 12, 2020

China is the world’s largest user of lithium, accounting for 57% of global demand in 2019, and is also the biggest supplier of lithium converted products. With 4G handsets now representing 95% of domestic sales, market saturation has resulted in mobile phone sales through to July dropping by 5% year-to-date. Source: Fastmarkets.

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Baua Electric

APRIL 29, 2024

Chinese state media reported that he met Premier Li Qiang in Beijing but did not say what they discussed. automaker won a key endorsement that coincided with his trip – from a top Chinese auto association which said Tesla’s Model 3 and Y cars were among models found to be compliant with China’s data security requirements.

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CN EV Post

APRIL 6, 2023

million sales target BYD is aiming to reach, 2.8 The company stopped production and sales of vehicles powered entirely by internal combustion engines in March 2022. The company stopped production and sales of vehicles powered entirely by internal combustion engines in March 2022. If it can reach 3.6

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Baua Electric

APRIL 28, 2024

Chinese state media reported that he met Premier Li Qiang in Beijing, during which Li told Musk that Tesla’s development in China could be regarded as a successful example of U.S. Tesla reached an accord with Chinese authorities for a plant in Shanghai, its first outside the United States, in 2018.

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Baua Electric

APRIL 5, 2024

To boost sales and fend off low-cost Chinese rivals, Kia will introduce a new lineup of affordable EVs in addition to hybrids starting this year. After global sales slipped 2% last month, Kia is shaking things up with a new mid-to-long-term business plan. million in 2030.

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Baua Electric

APRIL 1, 2024

Chinese EV maker NIO (NIO) delivered 11,866 vehicles in March, up 14% over last year. The upturn in sales helped NIO top its (revised) Q1 EV sales forecast of around 30,000 units. Just days after trimming its Q1 delivery forecasts to 30,000, from 31,000 to 33,000, NIO’s EV sales topped its (lowered) guidance.

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Baua Electric

APRIL 5, 2024

To boost sales and fend off low-cost Chinese rivals, Kia will introduce a new lineup of affordable EVs in addition to hybrids starting this year. After global sales slipped 2% last month, Kia is shaking things up with a new mid-to-long-term business plan. FTC: We use income earning auto affiliate links.

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Green Car Congress

NOVEMBER 19, 2013

This marks the first investment by a non-Chinese automotive company in a Chinese OEM. The official closing of the transaction followed a short time after the signing of the investment agreement between the two companies in Stuttgart earlier this year and a smooth approval by the relevant Chinese authorities. Daimler in China.

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Baua Electric

APRIL 12, 2024

That estimate lags the expected growth in sales of energy storage products, which will rise 35% year-on-year globally, according to the white paper. Globally, geopolitics and Europe’s carbon regulations will pose challenges to China’s international shipments.

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Baua Electric

JANUARY 2, 2024

The Atto-3 SUV / Source: BYD Europe It was a huge year for profits at Chinese auto behemoth BYD. Adding up sales for all so-called new energy vehicles, including battery-only vehicles and hybrids, BYD sold 3 million vehicles in 2023. Tallying up its year-end sales, it’s a massive 62% growth from 2022. million vehicles.

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Green Car Congress

MARCH 28, 2019

Daimler AG and Zhejiang Geely Holding Group , the German and Chinese automotive groups, have formed a 50-50 globally focused joint venture to own, operate and further develop smart, the pioneer of small urban vehicles, as a leader in premium-electrified vehicles. For more than 2.2 Future production will be located in China.

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Baua Electric

MAY 14, 2024

Carlos Tavares, Stellantis’ global CEO, has announced that Leapmotor will enter the Indian market in Q4 of 2024 as part of Leapmotor International’s global expansion strategy. After that homologation, sales will start in September 2024. The brand will be sold across 200 dealerships in the region.

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Green Car Congress

APRIL 30, 2022

Chinese lithium and cobalt sulfate prices fell this month as strict COVID-19 lockdowns in Shanghai and elsewhere limit demand in the world’s largest electric vehicle market. China’s “zero-COVID” policy could slow sales of electric vehicles this month as consumers in the country’s biggest city remain at home.

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Baua Electric

APRIL 11, 2024

That estimate lags the expected growth in sales of energy storage products, which will rise 35% year-on-year globally, according to the white paper. Globally, geopolitics and Europe’s carbon regulations will pose challenges to China’s international shipments.

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Baua Electric

APRIL 28, 2024

This came close on the heels of Tesla introducing fresh incentives in the world’s largest auto market to attract consumers. Reports thus indicate that Chinese authorities may remove restrictions on Tesla vehicles following the company’s compliance with the nation’s stringent data security protocols. Tesla Inc.’s

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Teslarati

MARCH 14, 2024

Economist says cheap Chinese EVs should be kept out of U.S. due to security risk Wedbush acknowledged the price competition with the Chinese auto market but predicts aggressive price reductions will start to die down by spring or summer 2024. The Chinese electric vehicle market has been steadily increasing.

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Green Car Congress

MARCH 13, 2020

The global auto market is very sensitive to macroeconomic conditions and will be hit hard by the coronavirus and any economic contraction that accompanies it, BNEF says. Early data from the main markets in Asia shows a drop in vehicle sales of 44% for China and 18% for Korea, two of the hardest hit countries.

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Green Car Reports

JANUARY 16, 2019

In time with the Detroit auto show, Chinese automaker Geely announced its first electric car planned to go on sale worldwide. Called the GE11, Geely's first global electric car is a sedan about the size of a Honda Civic or Insight, with a similar sloping fastback design.

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EV Central

SEPTEMBER 30, 2023

UBS is forecasting Chinese EV manufacturers will continue to steal market share from traditional car brands as they leverage their head start on electric tech and further implement modern lean manufacturing techniques. “The Tesla will keep expanding its global market share as EV penetration goes up,” says Hummel.

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Baua Electric

JANUARY 3, 2024

Chinese automaker BYD has concluded 2023 with record-breaking sales, which surpasses the 3 million annual sales target and retains its position the global new energy vehicle (NEV) sales champion, for the second year in a row. BYD at present has one of the most extensive portfolios in the global new energy sector.

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Teslarati

MARCH 28, 2023

Domestic Chinese brand BYD has quickly eclipsed Tesla in EV sales and is now challenging long-time leader Volkswagen for overall regional dominance. BYD auto sales were the most significant success of the Chinese conglomerate. BYD auto sales were the most significant success of the Chinese conglomerate.

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Green Car Congress

APRIL 25, 2018

Volvo Cars aims for fully electric cars to make up 50% of its sales by 2025, the company announced in Beijing. The company’s strategy to generate half of its sales from electric cars by 2025 positions it as a powerful player in China, the world’s leading market for electrified cars. New Volvo XC40 T5 plug-in hybrid.

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Baua Electric

JANUARY 25, 2024

Global semiconductor sales are expected to grow from USD 600 million this year to more than USD 1 trillion by 2030, and all capacity currently planned in China will be needed. ASML equipment sales to China hit 6.3 “If you want to get to 20%, you just have to calculate how much you need to build here.”

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Green Car Congress

SEPTEMBER 11, 2012

Global sales of passenger vehicles increased from 75.4 The major driver of increased production and sales are the emerging economies, especially China. Auto manufacturing capacity continues to grow, and annual output could reach the 100 million mark by 2016. Hybrids remain below 2% of total vehicle output. million to 78.6

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Green Car Congress

OCTOBER 28, 2010

Power forecast of hybrid-, plug-in hybrid- and battery-electric vehicle global sales through 2020. Power and Associates estimates combined global sales of hybrid-electric vehicles (HEVs), plug-in hybrid-electric vehicles (PHEVs) and battery-electric vehicles (BEVs) will total 5.2 Click to enlarge. A new report from J.D.

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