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The $10,000 BYD Seagull EV is scaring the U.S. auto industry

Teslarati

BYD launched its Seagull, a small hatchback EV with a price tag starting at 69,800 yuan (~$9,773), at the Shanghai Auto Show last year. auto market anytime soon , some U.S. auto sector,” the organization writes. auto sector,” the organization writes. auto industry appeared first on TESLARATI.

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ABB and HASCO create joint venture to drive smart manufacturing in China’s auto industry

Green Car Congress

Partnership builds on existing relationship to deliver increased automation and sustainability for auto parts production New joint venture agreement signed by both parties on December 30th 2021 and expected to commence operation in Q2, 2022. Both parties agreed not to disclose any further details about the investment.

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Panasonic seeks to expand business in the auto industry 

Teslarati

Panasonic seeks to expand its business in the automotive industry, starting with building relationships at CES 2024. It plans to delve into products that could prove lucrative. Tesla supplier Panasonic slashing domestic EV battery production Poliak also shared that Panasonic Automotive aims to nearly double its sales.

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Italy exploring partnership with Tesla, Chinese carmakers to bolster domestic auto industry: report

Teslarati

In a bid to diversify its domestic automotive sector and achieve an annual production target of 1.3 The negotiations were mentioned by Industry Minister Adolfo Urso on Wednesday. He also acknowledged the crucial role a new partner would play in bolstering the Italian auto industry.

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China issues draft guidelines to rein in lithium battery industry – ET Auto

Baua Electric

China has released draft guidelines aimed at reining in the country’s lithium battery industry , which has been in Western crosshairs over fears subsidised overproduction could flood global markets with cut-price exports.

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LanzaTech, Northwestern, ORNL engineer microbe to convert industrial waste gases to acetone or isopropanol

Green Car Congress

A team of scientists from LanzaTech, Northwestern University and the Department of Energy’s Oak Ridge National Laboratory have engineered a microbe to convert molecules of industrial waste gases, such as carbon dioxide and carbon monoxide, into acetone and isopropanol (IPA). —Jennifer Holmgren, CEO of LanzaTech. In this case of C.

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Exide Industries Q4 Results: Firm beats profit view on higher demand – ET Auto

Baua Electric

Indian battery-maker Exide Industries beat fourth-quarter profit expectations on Tuesday, helped by higher demand in its automotive and industrial products segments. Exide’s standalone profit after tax rose 36.6% from a year ago to 2.84 bn rupees as per LSEG data. Exide’s standalone profit after tax rose 36.6%