Teslarati

MARCH 27, 2024

Morgan Stanley analyst Adam Jonas deemed Tesla and CATL the power couple that could recharge the United States electric vehicle (EV) market. In a note released earlier this week, Morgan Stanley writes that the United States is an under-penetrated EV market, whereas China is a fully-penetrated EV market.

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Recharge Market Power Powered 136

Green Car Congress

MARCH 25, 2021

Geely Auto Group (Geely Auto) officially announced the widely reported formation of Zeekr—a new electric mobility technology and solutions company based in China that will serve growing global demand for premium electric vehicles. Zeekr aims to deliver a new electric vehicle to market each year in the coming five years.

Companies 435

Companies Auto Electric Cars Cars 435

The Truth About Cars

AUGUST 14, 2023

The Chinese giant is one of the world’s busiest EV automakers, with almost 1.9 million units manufactured in 2022. 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.

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Auto Industry Chinese BYD Industrial 85

Clean Fleet Report

FEBRUARY 13, 2024

Asia’s EV market is growing rapidly. Most people are aware of key players like Hyundai and Nissan, but there are so many other EV manufacturers that are taking over Asia—and possibly set to conquer the international market, including the U.S. Below are just some of the EV manufacturers worth knowing about.

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Manufacturer Vietnam BYD Chinese 75

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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Auto Google Chinese China 52

Baua Electric

MARCH 23, 2024

Automakers are fiercely lobbying governments to water down already-compromised emissions rules, but doing so will only lead to their doom as market entrants that are serious about EVs will continue ramping them anyway. The auto industry is electrifying, and all new cars will be electric in the relatively near future. Namely: China.

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Chinese Auto Auto Industry China 52

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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Volvo Auto Companies Cars 320

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.

Audi 186

Audi Auto Asia North America 186

Green Car Congress

JULY 10, 2018

The Chinese EV battery manufacturer Contemporary Amperex Technology Ltd. The project agreement between CATL and the Free State of Thuringia was signed on Monday in the framework of the German-Chinese intergovernmental consultations in the Federal Chancellery in Berlin. European knowledge in battery manufacturing.

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Germany Chinese Manufacturer Building 170

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.

Global 429

Global Electric Vehicles Auto Vehicles 429

Baua Electric

JANUARY 17, 2024

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. However, the world’s #2 and #3 auto markets differ in terms of their response to the threat from #1. The US currently imposes a 27.5

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Chinese North America Charging Tax Credit 98

Teslarati

JUNE 15, 2021

Tesla is preparing to overtake China’s automotive market with two major milestones relating to the company’s Supercharging infrastructure and Service Center locations. The electric automaker continues to expand its footprint in China, a market that has been recognized as a battleground for Tesla’s future success.

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Market Auto Tesla China 141

Green Car Congress

JULY 10, 2018

The Chinese EV battery manufacturer Contemporary Amperex Technology Ltd. The project agreement between CATL and the Free State of Thuringia was signed on Monday in the framework of the German-Chinese intergovernmental consultations in the Federal Chancellery in Berlin. European knowledge in battery manufacturing.

Germany 150

Germany Chinese Manufacturer Building 150

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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Chinese Price Tesla BYD 123

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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China Auto Tesla Automobile Manufacturer 52

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.

China 52

China Auto Chinese Mercedes 52

Baua Electric

JANUARY 25, 2024

Europe will miss its goal of raising its share of the global computer chip market to 20% by 2030 because it is not building manufacturing capacity fast enough, semiconductor equipment maker ASML CEO Peter Wennink said. “If you want to get to 20%, you just have to calculate how much you need to build here.”

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Europe Auto Market South Korea 52

CleanTechnica EVs

JUNE 23, 2022

BYD achieves another record month Plugin vehicles continue to be all the rage in the Chinese auto market. With the end of the covid lockdowns, plugins went back to the fast lane, growing 109% year over year (YoY).

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Market Plugin BYD PHEV 142

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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Nissan Toyota China Auto 52

Green Car Congress

SEPTEMBER 26, 2020

At the 16 th Beijing International Automotive Exhibition (Auto China 2020), Beijing Hyundai Motor Company showcased its RM20e electric racing midship sports car prototype and Prophecy concept EV model, demonstrating the reach of its EV ambitions. The new Tucson as well as new Elantra also made their debuts to Chinese customers.

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Hyundai China Concept Auto 380

Teslarati

NOVEMBER 23, 2023

Stellantis recently repurchased €934 million in shares from Chinese auto company Dongfeng as per a pre-existing share repurchase framework. is a state-owned automobile manufacturer headquartered in Wuhan, Hubei. billion in Leapmotor , acquiring 20% of the Chinese company and becoming a significant shareholder.

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Auto Industry Industrial Industry Auto 69

Green Car Congress

MARCH 26, 2018

DENZA Auto). Through cooperation with Chinese ride hailing platforms, DENZA has allowed even more Chinese customers to experience the brand’s environmentally-friendly mobility. DENZA Auto is a 50:50 joint venture of Daimler Greater China Ltd. Daimler and BYD Automotive Industry Co., and BYD Automotive Industry Co.,

Chinese 150

Chinese Electric Vehicles Range Market 150

Green Car Congress

SEPTEMBER 23, 2015

The automotive market in China is declining faster than expected due to economic uncertainty and government restrictions over vehicle ownership. While automakers and analysts alike have forecasted a downturn for the Chinese automotive market for some time, the current slow-down has transpired more quickly than anticipated.

Chinese 150

Chinese Market Minivan Purchase 150

Baua Electric

OCTOBER 8, 2023

Mullen Car will quickly know if its process of homologating Chinese language cars for the U.S. industrial fleet marketplace is a viable marketing strategy. Two cars, a little electrical van and a Magnificence 3 chassis cab, are establishing manufacturing now.

Chinese 52

Chinese Industrial Industry Cars 52

Green Car Congress

MAY 3, 2023

SK IE Technology (SKIET) signed an MOU with Sunwoda , the 9 th largest battery manufacturer in terms of global market share (according to SNE Research in 2022), to strengthen cooperation in supplying battery separators. This marks SKIET’s first large-scale supply of EV battery separators to a Chinese EV battery manufacturer.

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Supplies Batteries Battery South Korea 199

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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Chinese Companies Mercedes Motor 259

Green Car Congress

MAY 28, 2019

The Volkswagen Group is further expanding its business in its most important market, China, with the entry of SEAT, a member of the Volkswagen Group, and the Smart City Project. The Spanish brand aims to enter the Chinese market in the coming two to three years. Stephan Wöllenstein, CEO Volkswagen Group China.

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China Market Chinese Asia 220

Baua Electric

JUNE 26, 2023

Chinese language manufacturers will most probably outsell international manufacturers in that nation in 2023 for the primary past in fresh historical past. AlixPartners predicts those manufacturers will all of a sudden building up their home marketplace proportion, rising to 65 p.c

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Chinese Automobile Japan Manufacturer 52

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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Europe Parts Auto France 52

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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Chinese Auto China General Motors 40

Baua Electric

MARCH 31, 2024

February 2024 was a positive month for the new car market in Europe. According to JATO Dynamics’ data from 28 European markets, a total of 988,116 passenger cars were registered during the month. This is the highest increase among the top 10 origins – allowing the market share for these vehicles to reach 4.0%, up from 3.0%

Chinese 52

Chinese Europe Sale Cars 52

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. We’ve seen something similar taking place in Western markets as “smart devices” became commonplace and automotive connectivity was standardized.

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China Auto Chery Cars 84

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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China Auto Sale Cars 52

Teslarati

SEPTEMBER 20, 2021

Shares of several electric automaker stocks, including Tesla ( NASDAQ: TSLA ) and Xpeng ( NYSE: XPEV ), pulled back on Monday morning based on some concerns related to the Chinese economy. Chinese property developer Evergrande is threatening to default on $300 billion in debts, which could affect the global economy.

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Chinese Tesla China Economy 131

Green Car Congress

MARCH 31, 2015

a wholly-owned Honda subsidiary in China, plans to stage the world premiere of an all-new concept model as well as other new Honda models at Auto Shanghai 2015 (The 16th International Automobile & Manufacturing Technology Exhibition, press days: April 20-21, 2015, public days: April 22-29, 2015). Honda Motor (China) Investment Co.,

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Honda Concept SUV China 150

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. WHY IT’S IMPORTANT China’s rising EV brands are a key market for Nvidia’s automotive technology business. Nvidia and its U.S.-based

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Auto Las Vegas Chinese China 52

Baua Electric

MARCH 30, 2024

By: HT Auto Desk | Updated on: 31 Mar 2024, 08:59 AM Ford is gearing up for a comeback in the Indian market with the launch of a new small SUV, tailored to meet the changing demands of Indian consumers. However, Ford is also likely to rely on a new compact SUV to bolster its market presence. What’s in store for India?

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India SUV Ford Market 52