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Tesla to build small new LFP battery cell factory with CATL machines, report says

Baua Electric

A new report states that Tesla is going to build a small new LFP battery cell factory with CATL machines in Nevada. According to a new report from Bloomberg report, Tesla plans to build a “small facility” using “idle equipment” from CATL. The new “small facility” will reportedly build LFP battery cells for Tesla’ Megapacks.

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Tesla Model Y trim gets minimal price increase in China

Teslarati

lineup of Model Y trims was added to the IRS’s list of vehicle qualifying for federal tax credits in early February, Tesla pushed prices up slightly. Tesla builds its cars for the Chinese market in Shanghai at its dedicated production facility known as Gigafactory Shanghai. After the entire U.S.

China 98
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China is Unhappy with the Inflation Reduction Act and Has Complained to the WTO

The Truth About Cars

Among many other things, the Inflation Reduction Act changed the way EV tax credits work in the United States. With an eye on reducing America’s dependence on Chinese batteries and materials, the Act incentivizes automakers to source materials from free-trade-compliant countries and build EVs in North America.

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Nissan and Honda may team up to slash EV prices and take on Chinese automakers like BYD

Baua Electric

Nissan and Honda are considering teaming up to introduce more affordable EVs to compete with Chinese automakers like BYD. The aim is to reduce EV prices as the automakers look to Chinese automakers with low-cost models like BYD. With the $7,500 EV tax credit, the EV starts at under $40,000.

BYD 52
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Trade wishes Treasury steerage on Inflation Aid Business’s EV sourcing laws, executives say

Baua Electric

31 on key provisions homogeneous to the Inflation Aid Business’s EV tax credit together with laws laid out beneath Category 30D. “It’s important to recognize that there are Chinese investments all over the place,” she stated. The Treasury Area stated endmost life it plans to factor steerage by way of Dec.

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Tesla is sneakily testing Fremont-built refreshed Model 3 vehicles

Baua Electric

We expected that Tesla would wait into the new year to bring the updated Model 3 to production in the US in order to not negatively affect its end-of-the-year and to keep the demand trigger for when the vehicle loses access to the tax credit. But now it looks like Tesla might be using the Chinese badging as a decoy.

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Ford, VW & China seek deal with Indonesia for EV battery materials

Teslarati

Indonesia’s Minister of Investment, Bahlil Lahadalia, recently stated that Volkswagen plans to build an electric vehicle (EV) battery ecosystem in the Southeast Asian country. The German automaker is partnering with miner Vale, Ford, and Chinese battery minerals producer Zhejiang Huayou Cobalt to build the EV ecosystem.