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Stellantis & Leapmotor joint venture gets approval from Chinese regulator

Teslarati

In February 2024, Stellantis CEO Carlos Tavares hinted that Leapmotor’s technology could help the company competitively price electric vehicles to compete with China-made EVs in Europe, North America, and other markets. Dongfeng Motors Corporation Ltd. is a state-owned automobile manufacturer based in Wuhan, Hubei.

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Tesla contributes nearly 25% of Shanghai’s general auto manufacturing

Baua Electric

contributed nearly one-quarter of Shanghai’s general automobile manufacturing price endmost month, native media reported, in an indication of the way briefly the electrical automotive maker has ramped up output in China. billion yuan ($26.4 billion yuan ($26.4 1 million vehicles a month. 1 million vehicles a month.

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Honda secures auto industry’s largest renewable energy purchase; 60% reduction in CO2 from N.A. manufacturing operations

Green Car Congress

Seeking to slash CO 2 emissions from its North American manufacturing operations, Honda has entered into long-term virtual power purchase agreements (VPPAs) for renewable wind and solar power that will cover more than 60% of the electricity that Honda uses in North America.

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Panasonic and Tesla expand supply agreement for Li-ion cells; nearly 2 billion through 2017

Green Car Congress

Panasonic Corporation and Tesla Motors have expanded their 2011 supply agreement so that Panasonic will now supply nearly 2 billion automotive-grade lithium-ion battery cells to Tesla through 31 December 2017 at long-term preferential prices. —Tesla Quarterly Report (10Q) for quarter ending 30 June 2013.

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Panasonic invests $30M in Tesla Motors

Green Car Congress

Panasonic Corporation has invested $30 million in Tesla Motors. The investment was made through the purchase of Tesla common stock in a private placement at a price of $21.15 In addition to producing its own vehicles, Tesla also builds electric powertrains, including battery packs, for other automobile manufacturers.

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Why Hybrids are gaining momentum amid EV frenzy | Autocar Professional

Baua Electric

The reason for this is a lack of charging infrastructure and lower price premium over an EV. The price premium between a hybrid and EV equivalent over petrol, hybrid is better off, despite high GST.” In the US, hybrid vehicles accounted for 8.3 percent of the overall market, whereas EVs were at 6.9 percent in the 11 months of 2023.

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CTT Outlines International Expansion Efforts At Tokyo Motor Show; $400M in Orders for 38,000 EVs

Green Car Congress

A direct-drive wheel motor, developed with PUES Corporation, is optional. This new method of automobile manufacturing and sales will build regional sales networks and small-scale assembly resulting in an output of 10,000 units per year. The charger uses AC 100~220V. for the concept of the RAS system.

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