Remove Batteries Remove Chinese Remove Companies Remove United Arab Emirates
article thumbnail

Nio to unveil Onvo L60 to launch mass-market EV sub-brand

Teslarati

Chinese electric vehicle (EV) maker Nio is looking to unveil a new model this month under its mass-market brand, along with another, smaller model targeting a sub-$30,000 price tag for one expected to be unveiled next year. billion investment in December from a United Arab Emirates firm called CYVN Holdings.

article thumbnail

Nio garners $2.2 billion investment from UAE fund

Teslarati

Chinese electric vehicle (EV) manufacturer Nio has garnered a $2.2 billion investment from a firm backed by the United Arab Emirates, as it continues to push to introduce its EVs in additional markets. Nio buys 12% stake in lithium mining company What are your thoughts? Nio is aiming to enter the U.S.

UAE 96
article thumbnail

BNEF: global investment in energy transition hit $500B in 2020; $139B on EVs and infrastructure

Green Car Congress

BNEF’s analysis shows that companies, governments and households invested $303.5 billion, up 12%, while investment in stationary energy storage technologies such as batteries was $3.6 billion, level with 2019 despite falling unit prices. Other areas of energy transition investment also showed strength.

2020 259
article thumbnail

Tesla prepares massive shipment of Model 3 Highland for export to Europe

Teslarati

A massive shipment of Tesla Model 3 Highland units is being prepared for export to European countries, according to new drone footage shot outside of the automaker’s Gigafactory Shanghai plant. Tesla has not yet tipped off when it will begin building or shipping Highland units to the United States.

article thumbnail

Nearly one in five cars sold worldwide in 2023 was electric: IEA | Autocar Professional

Baua Electric

Battery electric cars accounted for 70% of the electric car stock in 2023, states the IEA annual report of the EV global parc. Nevertheless, China, Europe and the United States also represent around two-thirds of total car sales and stocks, meaning that the EV transition in these markets has major repercussions in terms of global trends.

article thumbnail

The right way to get oil-rich West Asia to pressure electrical vehicles? Chinese language EV makers contemplate

Baua Electric

With EV call for slowing at house, and firms dealing with considerable import price lists in america in addition to a Ecu Union probe into Chinese language subsidies, automakers view the patch as a big enlargement alternative that, thus far, is in large part untapped. of the passenger-vehicle marketplace. Chery Car Co.