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Foxconn partnering with Thailand’s PTT to build EVs; MIH open EV platform

Green Car Congress

Foxconn and PTT have signed a Memorandum of Understanding to collaborate in setting up an open platform for producing electric vehicles (EV) and key components to serve the EV sector in Thailand. PTT is a Thai state-owned oil and gas company and the largest publicly listed conglomerate in Thailand.

Thailand 334
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BYD to slash EV prices even more with new platform as it looks to crush ICE car sales

Baua Electric

A new report claims BYD’s new EV platform will slash costs even further as the automaker kicks off a “liberation battle” against gas-powered cars. It’s gas-powered cars. Starting at $15,200 (109,800 yuan), the new EV officially opened a “new era of electricity is cheaper than oil.”

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Global EV sales are ‘robust’ – more than 1 in 5 cars sold in 2024 will be electric

Baua Electric

Rising EV sales are set to remake the global auto industry and significantly reduce oil consumption for road transport, according to the new edition of the IEA’s annual Global EV Outlook , released today. In China, more than 60% of electric cars sold in 2023 were already less expensive to buy than gas cars.

Global 52
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ExxonMobil: global GDP up ~140% by 2040, but energy demand ~35% due to efficiency; LDV energy demand to rise only slightly despite doubling parc

Green Car Congress

This geographically diverse group comprises Brazil and Mexico in the Americas; South Africa and Nigeria in Africa; Egypt and Turkey in North Africa/Mediterranean; Saudi Arabia and Iran in the Middle East; as well as Thailand and Indonesia in Asia. The OECD represents the developed economies.

Energy 252
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BYD launches $233K Yangwang U9 electric supercar that will smoke a Ferrari and can dance

Baua Electric

BYD takes on new markets rivaling ICE car leaders After launching its cheapest electric models (starting under $14,000), declaring a price war with gas-powered cars, BYD is taking aim at a new market. kWh LFP battery pack from BYD’s FinDreams, the electric sedan has up to 497 miles (800 km) CLTC range. The Buggati Chiron starts at $3.3

Ferrari 52
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Using the PHEV (Plug-In Hybrid Electric Vehicle) to Transition Society Seamlessly and Profitably From Fossil Fuel to 100% Renewable Energy

Green Car Congress

The PHEV does not require the heavy, costly batteries required by other electric cars, nor does it suffer from a limited range or poor freeway performance. The combination of harvesting whole forests and burning long-sequestered carbon sources such as coal or oil has impaired the Earth’s carbon cycle at an increasing pace.

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