Green Car Congress

APRIL 2, 2022

With all OEMs taking the same path, it is unlikely that any long-term sustainable competitive advantage will be conferred and that visibility over the billions of dollars of planned xEV investment is a price of market participation. and is an innovation leader with the highest number of patents filed amongst other global automakers.

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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. Prices for cobalt sulfate fell by 6%, according to Benchmark’s Cobalt Price Assessment. There has been a little bit of softness in pricing.

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Baua Electric

MARCH 13, 2024

Minda, CMD, Uno Minda Edited excerpts: Q: After two consecutive years of swift growth in the auto component industry ‘s performance, what is your outlook for 2024? The past two years have seen a remarkable transformation in the Indian auto and auto component industry.

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Baua Electric

APRIL 15, 2024

China already has enough battery manufacturing capacity to supply all global EV production, according to Bloomberg New Energy Finance. BNEF estimates to global battery-cell demand for both EVs and energy storage came in at around 950 gigawatt-hours in 2023—but manufacturing capacity was more than twice that, at around 2,600 gigawatt-hours.

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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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Teslarati

JUNE 15, 2021

Tesla ( NASDAQ: TSLA ) is expected to control 10% of the global automotive market in the coming years, analysts from Tokyo-based Mizuho Bank said in a recent note to investors. While Mizuho analyst Vijay Rakesh identifies the growing global EV market and Tesla’s domination of it , he is aware of incoming competitors.

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Green Car Congress

JANUARY 9, 2022

A global shortage of LFP cell capacity outside of China could hinder wider adoption by western automakers, Benchmark says. Last month Gotion High-Tech agreed to supply a large listed and unnamed US automaker with 200 GWh of LFP batteries between 2023 and 2028 in an indication of the auto industry’s reliance on Chinese production.

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Baua Electric

APRIL 25, 2024

EV sales are likely to continue growing in 2024, reaching around one in five new car sales globally, and 11% of the U.S. Over 20 major automakers, representing 90% of global car sales in 2023, have set electrification targets, the IEA notes. market, according to the International Energy Agency (IEA). 2024 Volkswagen ID.4

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CN EV Post

MARCH 26, 2023

Image credit: Chery New Energy) Chinese auto giant Chery's new energy vehicle (NEV) division has slashed the prices of several models, becoming the latest car company to do so. Chery New Energy announced today that official guide prices for three of its NEV models has been cut by up to 9,000 yuan ($1,310) starting at 00:00 on March 27.

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Teslarati

JANUARY 18, 2022

“Too many Tesla discussions still revolve around EVs when the topic should be how much global share Tesla will gain this year and through 2023,” Houchois wrote in a note to investors on Tuesday. EVs are undoubtedly becoming a piece of the automotive market globally, slowly but surely. One year ago, prices averaged at $2.38

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Baua Electric

JULY 12, 2023

The Geneva auto display will go back in 2024 with a unutilized, “affordable” thought for exhibitors and guests. 26 to March 3 after age in its conventional house on the Palexpo conference middle akin Geneva airport with a changed exhibition thought and decrease lodge prices. Organizers plan to conserve the display from Feb.

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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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Teslarati

MARCH 6, 2024

Tesla’s ( NASDAQ: TSLA ) price target was cut by Morgan Stanley, a firm that has had a bullish outlook on the automaker’s stock for several years. “EV demand continues to decelerate despite continued price cuts,” Jonas wrote. Price Target Jonas reduced Tesla’s price target to $320 from $345.

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CN EV Post

MARCH 17, 2023

Polestar has officially unveiled the Polestar 3 in China today with what it calls a new pricing system. | Polestar.US Polestar gave the Polestar 3 SUV its global debut on October 12 , 2022, when it announced its two versions with starting prices in China of RMB 880,000 and RMB 1,030,000, respectively.

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Green Car Congress

JANUARY 12, 2020

In August 2019, CRU reported on the steady slide in prices that has occurred in the lithium market since the beginning of the year. Since then, prices have continued to fall, CRU notes. Lithium hydroxide has fallen by 30% to RMB 74,500/t, according to CRU’s price assessments. Source: Fastmarkets. Raw material oversupply.

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Baua Electric

APRIL 5, 2024

After global sales slipped 2% last month, Kia is shaking things up with a new mid-to-long-term business plan. Kia limited edition Forest Green EV6 (Source: Kia) Kia expects the EV growth rate will be slower than expected from now until 2026 due to a deteriorating global economy and decreased subsidies.

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Green Car Reports

APRIL 9, 2023

Hyundai this week, at the New York auto show, revealed U.S.-spec What was missing from the announcement was the Kona Hybrid, a model that had been emphasized as a growing and important model in the revised Kona’s global rollout.

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Baua Electric

APRIL 5, 2024

After global sales slipped 2% last month, Kia is shaking things up with a new mid-to-long-term business plan. Kia limited edition Forest Green EV6 (Source: Kia) Kia expects the EV growth rate will be slower than expected from now until 2026 due to a deteriorating global economy and decreased subsidies.

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Teslarati

MARCH 28, 2023

1 & 2 – updated to reflect mathematical accuracy BYD has apparently been unfazed by Tesla’s dramatic price cut at the beginning of the year, as it has reported an 11-fold profit increase in Q4 year over year. BYD auto sales were the most significant success of the Chinese conglomerate. of the global LFP battery market.

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Baua Electric

FEBRUARY 7, 2024

With the global push towards sustainability, the rise of electric autos in India comes as no surprise. The Indian government has introduced various incentives and initiatives, such as subsidies and tax benefits, to promote the adoption of electric autos.

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Baua Electric

MARCH 25, 2024

Global EV leader BYD launched a new version of its Seal electric sedan Monday, with starting prices around $25,000 (179,800 yuan). The Seal Honor Edition is BYD’s latest lower-priced EV to roll out, fueling its “liberation battle” against gas-powered cars. Based on the e-platform 3.0, the new EV is offered with 61.4

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Baua Electric

APRIL 28, 2023

Global EV sales jumped 55% last year to 10 million and are expected to climb another 35% this year. Lithium prices rebounded this week for the first time in five months after tumbling from record highs, but new supply of the key mineral for electric vehicle (EV) batteries coming on stream is likely to weigh on the market next year.

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Baua Electric

APRIL 4, 2024

South Korean automaker Kia has started production on its all-electric EV5 SUV for export in China, with the first markets targeted being Thailand and Australia, with Australia’s price expected to undercut Tesla’s Model Y. A global launch is set for next year, but will that include the US?

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Green Car Congress

MARCH 26, 2018

The all-new, production version of the 2019 Insight ( earlier post ) will make its global production debut at the 2018 New York International Auto Show (NYIAS). As a premium compact sedan, Insight is positioned and priced between Civic and Accord in Honda’s passenger car lineup. Manufacturing.

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Baua Electric

MARCH 22, 2024

Kia K4 is a rival to Honda Civic and Toyota Camry in the global market. Kia has taken the wrap off its second-generation K4 in the global market. While the technical specifications have not been unveiled, Kia will make the public debut of the K4 at the New York Auto Show which is scheduled to happen on 27th March.

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Baua Electric

MARCH 8, 2024

Media coverage of EVs tends to focus on the world’s largest auto markets: North America, Europe and Asia. Chinese automakers, which now have a range of lower-priced EVs to sell, are heavily targeting these markets.

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Baua Electric

JANUARY 17, 2024

Global demand for semiconductors began to weaken in the second half of 2022, but analysts say inventories at smartphone and computer makers are running down and restocking demand is expected to pick up. Revenue in the final three months of last year came in at T$625.5 billion ($20.10 TSMC is due to report at 0600 GMT on Thursday.

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Baua Electric

MARCH 4, 2024

Nissan is slashing prices on its first global electric SUV. The 2024 Nissan Ariya now starts at $39,995, with a lower starting price on all trims. Nissan cuts 2024 Ariya EV price Sales of Nissan’s first all-electric SUV in the US are heating up. Nissan cut Ariya prices by up to $6,000.

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Baua Electric

MARCH 11, 2024

EV prices dropped by nearly 13% year-over-year in February, led in part by Tesla Model 3 and Model Y price drops, reports Kelley Blue Book. EV transaction prices in February were lower year-over-year by 12.8%, an accelerating decline compared to January, when prices were lower year-over-year by 11.6%. Get started here. –ad*

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Baua Electric

MARCH 5, 2024

Read more While the growth in the SUV segment has been phenomenal over the past few years, it seems that the changing global policies added to lack of headroom for growth may soon hamper the SUV sales trend. Surpassing electric cars, pickup trucks, and emerging markets, SUVs have emerged as the dominant force in global vehicle sales.

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The Truth About Cars

JUNE 20, 2023

Delinquencies on automotive loans have surpassed the recession-era highs witnessed in 2009, according to an assessment released by S&P Global Mobility on Monday. S&P Global suggested that the increased delinquency rate could be attributed to inflation and high-interest rates. percent over the first three months of 2023. .&

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Baua Electric

MARCH 18, 2024

Stephen Scherr, Chief Executive Officer New Delhi: Hertz Global Holdings Inc. ’s Cruise unit, set to join the board of directors on April 1, a global news organisation reported. ’s Cruise unit, set to join the board of directors on April 1, a global news organisation reported.

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Baua Electric

MARCH 8, 2024

With drastically lower starting prices, the Blazer EV now starts at just over $50,000 and qualifies for the full $7,500 federal tax credit. Chevy Blazer EV stop-sale ends with lower prices General Motors issued the stop-sale on the Chevy Blazer EV in late December, just four months after opening orders.

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Green Car Congress

JANUARY 9, 2015

In its latest Global Auto Report , Scotiabank forecasts record global car sales in 2015, with the total market advancing 4% over 2014, reaching more than 74 million units. Global growth will mainly be driven by China, where Scotiabank expects auto demand to grow 7% in 2015 to 19.36 2015 forecast share by region.

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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. Compounding this are worries that Chinese producers with excess supply will ramp up exports, depressing prices globally.

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Green Car Congress

MARCH 3, 2022

Ford is continuing to transform its global automotive business, accelerating the development and scaling of electric, connected vehicles, while leveraging its nameplates to strengthen operating performance and take full advantage of engineering and industrial capabilities. Ford reaffirms guidance for 2022 of $11.5 billion to $12.5

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Baua Electric

MARCH 26, 2024

According to Nissan, elsewhere in the world the global motorization average is 182 vehicles per 1,000 people versus 42 per 1,000 in Africa. Africa is the world’s last remaining automotive frontier due to the low level of vehicle ownership.

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