Baua Electric

MAY 9, 2024

billion) in financial aid to support efforts of the country’s EV sector to secure a self-sufficient supply chain. 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 ministry added that it would provide 9.7

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Teslarati

DECEMBER 8, 2022

Tesla Giga Shanghai posted record delivery numbers during an overall weak month for auto sales in China, revealing its strong hold in the local market. . Multiple publications claimed that rising competition with Chinese EV manufacturers may lead to Tesla Giga Shanghai’s presumed production cut in December. compared to 2021.

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Chinese Auto Market Tesla 98

Baua Electric

MARCH 15, 2024

Parts of our key supply chains, including for clean energy, are currently over-concentrated in China,” US Treasury Secretary Janet Yellen said earlier this month during a visit to Chile, home to the largest lithium reserves. The global lithium industry is so interwoven with Chinese capital now that it’s going to be impossible to unpick.

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Teslarati

JUNE 8, 2022

During a recent interview with local media, a BYD executive stated that the Chinese car and battery maker would be supplying the American EV company with batteries. . Tesla is yet to confirm or deny whether it has inked a battery supply deal with BYD or not. “Tesla is a very successful company no matter what.

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BYD Supplies Auto Batteries 125

Baua Electric

MAY 20, 2024

.” German automaker BMW imported at least 8,000 Mini Cooper vehicles into the United States with electronic components from a banned Chinese supplier, a U.S. The report found that Bourns Inc, a California-based auto supplier, had sourced components from Sichuan Jingweida Technology Group (JWD).

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Baua Electric

JANUARY 31, 2024

Tesla is expanding its battery facility in Sparks, Nevada to bring the supply chain for cheaper lithium iron phosphate batteries (LFP) to the United States, Bloomberg News reported on Wednesday. China currently houses the largest manufacturers of LFP batteries, including BYD and CATL, which supply Tesla.

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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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Chinese Auto Auto Industry China 52

Green Car Congress

APRIL 1, 2020

The COVID-19 has hit the Chinese EV sector hard; CRU, a provider of business intelligence on the global metals, mining and fertilizer industries, believes that weak sales will last at least until early Q2 2020. Nonetheless, it continues to forecast Chinese EV sales growth in 2020 over 2019’s total. for the whole Chinese auto industry.

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Chinese Sale China 2020 221

CN EV Post

JULY 4, 2022

CITIC Securities sees both supply and demand improving for NIO, Li Auto, and XPeng, and the Chinese EV industry facing a high boom in the second half of the year. The post CITIC Securities bullish on NIO, Li Auto, XPeng in H2, citing improving supply and demand appeared first on CnEVPost.

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Supplies Auto Chinese Industrial 81

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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Auto Chery Sale North America 52

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.” In 2023, around 35% of electric vehicles exported worldwide were Chinese. “As Last year, it signed a supply agreement with Chinese battery supplier CATL.

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China Auto United States Auto Industry 99

Baua Electric

FEBRUARY 29, 2024

China’s lithium futures rallied for a sixth day on Wednesday, amid growing supply concerns after Beijing asked a main producing region to limit the environmental impact of lithium exploration. Measures taken by producers to address the environmental could slow down their operation and affect production and supply, analysts said.

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Supplies Future Carbon China 40

Teslarati

NOVEMBER 21, 2023

Tesla will appear at the first China International Supply Chain Expo later this month, set to be held in Beijing. The event has also garnered support from Chinese President Xi Jinping , whose recent visit to the U.S. The post Tesla to appear at China International Supply Chain Expo in Beijing appeared first on TESLARATI.

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International China Supplies Highlander 101

Baua Electric

MAY 21, 2024

Panasonic, whose energy unit makes batteries for Tesla , is closely watching its Chinese supply chain and battery material procurement following China’s move last year to tighten graphite export controls, Yuki Kusumi said. A slowdown in the take-up of electric vehicles in the U.S.

Auto 52

Auto Batteries Battery North America 52

Baua Electric

MAY 6, 2024

The relocation means a new career for 49-year-old Karaca, one of a rising number of workers in companies supplying Germany’s vital automotive sector who are being hit by a tsunami of redundancies. Another 100 could find a home at a nearby Siemens mobility plant that supplies rail companies.

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Auto Czech Republic Germany Croatia 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. Automakers including Tesla, General Motors, Volkswagen and Toyota are failing to ensure they are not using forced labor as part of their China supply chains, a report released Thursday by Human Rights Watch says.

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Chinese Auto China General Motors 40

Baua Electric

APRIL 23, 2024

European automakers face a trifecta of challenges: soft demand due to higher borrowing costs that discourage car purchases, fierce competition from Chinese rivals, and higher input costs squeezing their margins.

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Auto Europe Africa Chinese 52

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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Auto Industry Industrial Industry Auto 74

Teslarati

JUNE 14, 2022

The rumors surrounding Tesla and its alleged battery supply deal with China-based company BYD were rekindled recently. We are good friends with Elon Musk, and we will soon supply him with batteries. The post BYD to supply batteries for Tesla Model Y as early as next year: Chinese media appeared first on TESLARATI.

BYD 84

BYD Supplies Chinese Batteries 84

Baua Electric

MARCH 6, 2024

Possible “remedies” on the table include retroactive tariffs on Chinese EVs. Back in October 2023, Europe launched its formal investigation into the Chinese EV industry, as European companies are struggling to compete with the cheap, high-tech Chinese imports, made by low-cost labor, entering the European Union.

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Chinese Europe BYD Solar 52

Baua Electric

FEBRUARY 1, 2024

Some Chinese automakers have had to delay deliveries of flagship models due to production issues with a computing unit made by tech giant Huawei , five people with knowledge of the matter said. Changan Auto has said it plans to own up to 40% of the new company. Huawei, Chery and Seres did not respond to Reuters requests for comment.

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Chinese Auto Chery Production 40

Baua Electric

DECEMBER 10, 2023

Chinese semiconductor manufacturers have a significant impact on various aspects of the global business landscape. This dependence can be a vulnerability for businesses if there are disruptions in the supply chain, such as trade tensions, geopolitical issues, or natural disasters affecting production facilities.

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Chinese Manufacturer China Low Cost 52

Electrek

JANUARY 2, 2023

The world’s largest EV market, China, continues gaining momentum as automakers – domestic and foreign – are racing to claim their share in the auto industry’s future. Nio , Xpeng , and Li Auto , three Chinese EV leaders, reported strong delivery numbers in 2022 despite ongoing supply chain disruptions.

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Auto Chinese China Supplies 97

Baua Electric

APRIL 11, 2024

“In 2024, the entire world is in a stage of reconfiguring supply chains, geopolitics are bringing new challenges to supply chains,” CNESA said in the white paper.

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Auto Energy Storage Batteries Battery 52

Baua Electric

APRIL 24, 2024

Huawei said in November that the unit would be spun off into a new company which will receive the unit’s core technologies and resources and take investment from partners such as automaker Changan Auto.

Auto 52

Auto Insight Chinese 2019 52

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. The increase in inexpensive Chinese steel could hurt steelmakers in other countries.

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Chinese Industrial Industry Price 40

Baua Electric

APRIL 12, 2024

. “In 2024, the entire world is in a stage of reconfiguring supply chains, geopolitics are bringing new challenges to supply chains,” CNESA said in the white paper.

Auto 52

Auto Energy Storage Batteries Battery 52

Baua Electric

JANUARY 17, 2024

OneD Battery Sciences and Koch Modular said on Wednesday they have teamed up to build a factory in North America to produce enough silicon-graphite anode material to supply batteries for around 1 million EVs annually. push via the Inflation Reduction Act and moves in Europe to own more of the EV supply chain have helped make a U.S.

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Auto North America Cheap China 98

Teslarati

MARCH 27, 2024

In addition, the United States has an under-supply of affordable EVs and cheap batteries for electric vehicles. The current political climate between the United States and China discourages Chinese battery suppliers like CATL from distributing their oversupply of batteries to the US.

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Recharge Market Power Powered 136

CleanTechnica EVs

JANUARY 5, 2023

China has been struggling a bit in recent months with COVID-19 lockdowns, then COVID-19 outbreaks, and of course with a variety of economic slowdowns and supply chain disruptions due to both of those. Pick your automaker and you can see signs of the struggles in lower than expected sales, price cuts, etc. Just don’t pick […].

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Chinese Market Auto China 78

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

Baua Electric

MAY 20, 2024

For now, there’s a patchwork of spot price references — and nascent futures markets — but little consistency on how to value each unit of lithium as it flows along a supply chain from mines to electric vehicles. There’s also growing divergences between different products as the supply chain matures. Then, BHP Group Ltd.

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Price Auto China Supplies 52

Baua Electric

NOVEMBER 2, 2023

The Chinese language-made EV must walk on sale in February upcoming yr. – Commercial – Hongqi E202 2023 idea The mid-size electrical automotive debuted on Shanghai Auto Display in April. Hongqi was once introduced in 1958, making it the oldest Chinese language passenger automotive marque.

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Chinese SUV IDEA Automobile 52

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. GWh in 2017—making it Nº 1 globally.

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Germany Chinese Manufacturer Building 170

Baua Electric

APRIL 4, 2024

Last week, the Moroccan government gave the green light for Chinese electric battery maker BTR New Material Group to build a factory near Tangier to produce key component cathodes. “BTR and CNGR or other plants will be able to supply gigafactories in Morocco and abroad,” he said. billion in eventual investment.

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Morocco Auto Batteries Battery 52

Baua Electric

MARCH 12, 2024

Photo by Kindel Media on Pexels.com Japan’s UBE Corporation will build an EV battery chemicals factory in Louisiana to set up a US EV battery supply chain – and compete with China. ad* FTC: We use income earning auto affiliate links. That contributes to extended battery life and increased driving range. Get started here. –ad*

Supplies 52

Supplies Lithium Ion Batteries Battery 52

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. At the same time logistical difficulties caused by the lockdowns in Shanghai and elsewhere are disrupting supply chains for automakers and battery producers.

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Price Chinese Sale Batteries 279