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‘Chinese language hurricane’ looming over Europe’s EV sector, Renault chairman warns

Baua Electric

A “Chinese storm” is looming over Europe’s rising electrical automobile sector, Renault Chairman Jean-Dominique Senard stated, as Asia’s superpower dominates key uncooked fabrics to manufacture batteries for 0 emission automobiles. “The battle of the time will likely be a battle of metals.”

Chinese 52
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CATL to build €7B battery plant in Hungary, its second in Europe

Teslarati

Chinese battery manufacturer Contemporary Amperex Technology Co., Limited, or CATL, has announced a massive investment to build a new cell manufacturing plant in Europe. billion to build a 100 GWh battery plant in Hungary. The post CATL to build €7B battery plant in Hungary, its second in Europe appeared first on TESLARATI.

Hungary 98
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Foxconn about to start Electric Vehicles.

Electric Vehicles India

Taiwan tech company Foxconn about to start Electric Vehicles. The company also clarified the plan to build for automotive customers rather than selling to customers under its brand.” In August it brought a chip plant in Taiwan in a move to supply future demand for auto chips.

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Boston-Power to supply Li-ion battery systems to Beijing Electric Vehicle Company for EVs, starting with Saab 9-5 based C70

Green Car Congress

The Chinese government is putting incentives in place to have the market grow. The growth capital and Chinese government incentives are being used to scale manufacturing, research and development, and business development activities in China. The company’s plant in Taiwan is still operating as well. Earlier post.)

Boston 265
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Utility solar dethrones coal as the cheapest power source in Asia

Baua Electric

Solar is cheapest and falling The significant drop in solar power costs, by 23% in 2023, signals the end of supply chain disruptions and inflationary pressures. New-build solar project costs are expected to fall by another 20% by 2030 due to lower module prices and an oversupply from China.

Asia 52
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Solid state: EV giants chase ‘holy grail’ of batteries – ET Auto

Baua Electric

The company says it aims to build a gigafactory for its new batteries by 2029 and has signed a joint development agreement with BMW. ProLogium Technology of Taiwan said that by the end of 2023 it aimed to ship prototype samples of its semi-solid-state batteries that enable a near doubling of the energy densities of the packs.

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Taiwanese smartphone giant Foxconn reveals electric ute, global sales planned

EV Central

Taiwan’s Yulon Motors Co will start volume production of the Model C next year under the Luxgen n7 name. But Hon Hai says there are already plans in place for all three models to be built in Taiwan, Thailand and the USA. It is also working with partners to build assembly plants in Thailand, India and Indonesia.

Global 52