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BYD sets lower sales growth & warns of looming price war

Teslarati

Tesla & CATL deemed the Power Couple to Recharge the US EV Market: Morgan Stanley The top EV manufacturer forecasts for 2024 are hopeful. The Chinese automaker estimates account for some challenges BYD expects this year. The Chinese automaker estimates account for some challenges BYD expects this year. year-over-year.

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Volvo XC40 Recharge and Polestar 2: EV cousins offer different takes on “premium”

Charged EVs

You might not know it to look at them, but these two cars—one Swedish, one Chinese—share underpinnings and a parent company. Volvo and its Chinese parent Geely are very serious about selling cars that plug in. It’s called the XC40 Recharge, and the earliest versions aren’t cheap, priced from about $55,000 including delivery.

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EC40, EX40, XC40… Has Volvo just reduced or increased its electric car naming confusion?

EV Central

In an attempt to clear up confusion over where the current Volvo C40 Recharge and Volvo XC40 Recharge sits in its growing EV line-up both will be renamed for 2024. From now on the Volvo XC40 Recharge will go by the Volvo EX40 name, while the more rakish C40 Recharge will be rebadged as the EC40. 2024 Volvo EX40.

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China’s Nio and CATL team up to develop longer life batteries – ET Auto

Baua Electric

Nio currently buys most of its batteries from CATL and has been exploring battery supplies from new partners such as CALB. Chinese electric vehicle maker Nio on Thursday signed a partnership agreement with battery giant CATL to develop longer life batteries as part of efforts to lower overall EV costs.

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Ernst Young Survey Finds Roughly 60% of Chinese Consumers Would Consider Purchasing a Plug-in Vehicle

Green Car Congress

Chinese consumers led in their consideration of a plug-in vehicle purchase. When asked which specific locations would offer convenient re-charging access, 76% indicated conventional roadside recharging locations, 46% indicated residential and apartment communities and 34% indicated large public parking places near places of business.

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China EV maker Nio has completed 40 mn battery swaps so far – ET Auto

Baua Electric

Chinese electric vehicle maker Nio has completed 40 mn battery swaps so far, CEO William Li said on Thursday, replacing depleted batteries with fully charged packs, rather than plugging the vehicle into a charging point. The company currently buys most of its batteries from CATL.

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Deloitte Survey finds only 4% of global consumers likely to be satisfied with current EVs despite increasing consideration and willingness to buy; higher ICE fuel economy reduces interest in EVs

Green Car Congress

The survey, “Unplugged: Electric vehicle realities versus consumer expectations,” canvassed more than 13,000 consumers in 17 countries across the Americas, Asia and Europe and revealed a general desire among consumers to buy electric vehicles, but a strong unwillingness to compromise on key performance criteria and especially price.