Baua Electric

MAY 9, 2024

South Korea on Wednesday welcomed a US decision to extend automakers’ eligibility for electric vehicle tax credits for cars containing Chinese graphite through 2026. The new rules now let car buyers get up to USD 7,500 in tax credits for electric vehicles (EV) containing Chinese graphite through 2026. trillion won (USD 7.11

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Baua Electric

MAY 3, 2024

Manufacturers may temporarily exclude certain impracticable-to-trace battery materials from FEOC compliance until 2027 as long as they demonstrate how they plan to comply by then, Treasury said. 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.

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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 27, 2024

Renault held talks this week with China’s Li Auto and Xiaomi on electric and intelligent vehicle technologies , the French carmaker said on Friday, opening the door to potential collaboration on technology with the two companies. China disputes the claim and has accused Europe of protectionism.

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CN EV Post

MARCH 22, 2023

(Image credit: CnEVPost) The price war is one of the most talked-about topics in China's auto industry this month, creating operational challenges for many car companies. Now, an industry association is calling for a return to rationality for all parties to bring order to the market. For more articles, please visit CnEVPost.

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Baua Electric

APRIL 30, 2023

Prices for industrial materials such as ferrous and nonferrous metals are plummeting, with steel marking a five-year low as concerns grow about a slowing Chinese economy and a resulting supply glut, reported Nikkei Asia. But capacity utilisation in manufacturing and other sectors in the quarter was 74.5 per cent, 1.3

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Baua Electric

SEPTEMBER 17, 2023

Tesla’s good fortune Now, the {industry}’s paradigm shift to EVs is developing unheard of alternative for newbies. Tesla’s good fortune has proven that buyers are clear to outsiders, although it’s vague whether or not Chinese language manufacturers will be capable of fit the promoting draw of Elon Musk.

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Green Car Congress

FEBRUARY 4, 2022

TTTech Auto, a Vienna-based technology leader in automotive safety software, raised US$285 million (€250 million) from Aptiv PLC and Audi in its latest funding round. With this latest funding round and a valuation of more than US$1 billion, TTTech Auto confirms its strong position amid a growing number of auto tech unicorns.

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Baua Electric

APRIL 19, 2024

billion euros worth of new orders in the quarter, more than half of which came from Asia on the back of new deals with Chinese automakers. European automotive supplier Forvia reported higher organic sales for the first-quarter on Thursday driven by strong North America, and said new awards from Chinese carmakers had boosted quarterly orders.

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Green Car Congress

JULY 10, 2018

The Chinese EV battery manufacturer Contemporary Amperex Technology Ltd. CATL will invest €240 million by 2022 in the German plant, which will be located on a 70-hectare site in the industrial area Erfurt Cross. European knowledge in battery manufacturing. GWh in 2017—making it Nº 1 globally.

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Baua Electric

JANUARY 17, 2024

Governments in North America and Europe are seriously concerned about China’s growing dominance of the EV industry. Chinese automaker BYD recently surpassed Tesla as the world’s leading seller of EVs, and it’s only one of several Chinese-owned brands that are already selling cars in the US and the EU.

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Baua Electric

MAY 10, 2024

The US government is reportedly set to announce wider tariffs on several categories of Chinese goods, including various green products like solar panels and batteries, medical goods, and in particular an increase of tariffs on Chinese EVs from 25% to 100%. Photo is licensed under CC-CC0 1.0

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Green Car Congress

FEBRUARY 25, 2021

Volvo Cars and Geely Auto have agreed on a wide-ranging collaboration that will maximize the strengths of the Swedish and Chinese automotive groups, delivering synergies in powertrains, sharing of electric vehicle architecture, joint procurement, autonomous drive technologies and aftersales.

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Teslarati

JULY 6, 2023

Tesla and 16 Chinese automakers signed a truce ending the EV price war. Executives from Tesla and 16 China-based automakers participated in a signing ceremony at the China Auto Forum in Shanghai held on July 6, 2023. The car manufacturers pledged to avoid abnormal pricing in China and maintain fair competition.

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Green Car Congress

JULY 10, 2018

The Chinese EV battery manufacturer Contemporary Amperex Technology Ltd. CATL will invest €240 million by 2022 in the German plant, which will be located on a 70-hectare site in the industrial area Erfurt Cross. European knowledge in battery manufacturing. GWh in 2017—making it Nº 1 globally.

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CN EV Post

FEBRUARY 2, 2024

The structural damage done to the growth and tech industry in China is 100% self inflicted by the Chinese regulatory history of bizarre press releases and requirements. @nov22 In reply to nov22. Oddly they are doubling down on more of it so it seems Xi wants to see more misery for both corporations and citizens.

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Baua Electric

MAY 9, 2024

New Delhi: It is no secret that Chinese component makers are aggressively scouting global markets for increasing their already tight grip on the nascent battery electric vehicle (BEV) industry. What do Indian suppliers with global ambitions in the BEV segment do to thwart this aggressive posturing by the Chinese?

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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. Automotive battery manufacturers have been hit by slowing growth in EV demand in the United States and Europe and cut-throat competition in China.

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Green Car Congress

OCTOBER 8, 2020

However, the study reveals there has been an increase in interest in the US and Chinese markets. The auto industry has seen this need to improve familiarity in the past, with some advanced driver assist features such as ACC and even autonomous driving. Source: Ipsos.

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Green Car Congress

MAY 9, 2017

China-based automobile manufacturer Guangzhou Automobile Group (GAC Group), the parent company of GAC Motor, has begun construction of a large industrial park for electric and intelligent vehicles as part of its efforts to boost its electric vehicle business. More than 45 billion yuan (US$6.5 billion yuan (US$679 million).

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Baua Electric

MAY 2, 2024

However, as usual, the Chinese are on the case. The state-owned China Ocean Shipping Group (Cosco) has developed and manufactured an all-electric container ship, the Greenwater 01, which is now operating a regular service route between Shanghai and Nanjing.

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Green Car Congress

OCTOBER 24, 2010

He also said that auto manufacturers should strengthen their safety and quality control standards. Sales of domestically-manufactured autos rose 36 percent year on year to reach 13.14 Sales of domestically-manufactured autos rose 36 percent year on year to reach 13.14

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Baua Electric

JANUARY 31, 2024

Volkswagen operates a plant in Xinjiang as part of a joint venture with Chinese state-owned carmaker SAIC Motor. The Chinese Foreign Ministry did not immediately answer questions about the report sent by fax by The Associated Press. The companies listed in the new report also include Chinese electrical vehicle giant BYD.

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Green Car Congress

APRIL 20, 2023

At Auto Shanghai, Chinese battery giant CATL launched what it calls a “condensed battery”—a type of semi-solid state cell with an energy density of up to 500 Wh/kg. These have been used on multiple high-end BEVs such as ZEEKR, AITO and Li Auto.

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Baua Electric

APRIL 25, 2024

But other Chinese automakers, including state-run companies that were later entrants to the EV race, have closed the gap on sub-USD 10,000 EVs at the Beijing auto show that began Thursday. Last year, BYD shocked the automotive industry with the release of its Seagull EV, now priced under USD 10,000, at the Shanghai auto show.

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Baua Electric

APRIL 4, 2024

The Moroccan government is in talks to attract more electric battery manufacturers as it seeks to adapt its growing automotive sector to an increasing demand for electric vehicles, industry and trade minister Ryad Mezzour said. The automotive sector tops Morocco’s industrial exports at USD 14 billion in 2023, up 27%.

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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. This is according to the China Association of Automobile Manufacturers. Tesla CEO Elon Musk ‘s surprise visit to China has proven to be a strategic move yielding significant results. Tesla Inc.’s

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The Truth About Cars

JANUARY 17, 2024

Huawei has announced it will continue becoming intertwined with the automotive sector after signing onto a joint venture with Chinese state-owned carmaker Changan Automobile. Changan has also said that the telecom giant had promised not to manufacture cars on its own while the joint venture was in effect.

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Baua Electric

MARCH 14, 2024

MG Motors, a unit of Chinese automaker SAIC, will open a second European parts centre by the summer of 2024 in France to meet the country’s growing demand for its vehicles, a spokesperson told Reuters on Thursday. SAIC is currently evaluating whether to build a factory in Europe.

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CN EV Post

MARCH 20, 2023

Li Auto leads the pack with superior execution, but risk-reward increasingly favors XPeng and NIO after a drastic sell-off this year, Morgan Stanley said. As of Monday's close, NIO's (NYSE: NIO) US-traded ADR was down 10 percent this year, XPeng was down 8 percent, and Li Auto was up about 12 percent.

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Baua Electric

JANUARY 31, 2024

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. The collaboration between Antam and CBL aims to develop and operate an industrial zone for the EV battery ecosystem in East Halmahera, North Maluku.

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Baua Electric

APRIL 25, 2024

The separate announcements from two of Japan’s biggest automakers at the Beijing auto show also underscored the attempt by Japanese manufacturers to come to grips with the massive technological shifts that have disrupted their once enviable positions in the Chinese market. It saw its sales in China fall 1.7%

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Green Car Congress

MAY 18, 2009

The European Automobile Manufacturers’s Association (ACEA) has signed a cooperation agreement with the China Association of Automobile Manufacturers (CAAM) in Beijing.

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Baua Electric

JANUARY 9, 2024

Nvidia said four Chinese electric vehicle brands will use its technology as the brains for automated driving systems, underscoring the U.S. Chinese automakers are racing each other to launch more advanced in-vehicle infotainment displays and automated driving functions. Nvidia and its U.S.-based

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Baua Electric

APRIL 26, 2024

It’s taken Huawei just four years to become a force in smart car technology , navigating the devastation of trade sanctions on its smartphones business while simultaneously developing a driver assistance system that is the darling of the Beijing auto show. ” said Evangelos Simoudis, an investor and corporate adviser.

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Green Car Congress

MARCH 26, 2018

Daimler and BYD Automotive Industry Co., DENZA Auto). In 2017, DENZA achieved its best sales performance to date, with retail sales volume increasing by 85% year-on-year, outpacing the industry average, with strong customer reception of the DENZA 400 model. DENZA Auto is a 50:50 joint venture of Daimler Greater China Ltd.

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Baua Electric

AUGUST 11, 2023

tariff at the Chinese language-built Volvo EX30 crossover and Polestar 2 sedan the usage of its exports of the U.S.-built The industry compliance technique is designed to offer the Geely-affiliated automakers a value merit within the U.S. protectionism appeared first on Bauaelectric Auto News. Ford Motor Co. automakers.

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