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Tesla & CATL deemed the Power Couple to Recharge the US EV Market: Morgan Stanley

Teslarati

Morgan Stanley analyst Adam Jonas deemed Tesla and CATL the power couple that could recharge the United States electric vehicle (EV) market. In a note released earlier this week, Morgan Stanley writes that the United States is an under-penetrated EV market, whereas China is a fully-penetrated EV market.

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Chevy Bolt cheap? This Chinese knockoff is a third the price, readying for export

Electrek

As BYD expects to pass Tesla in Global EV sales this year by expanding its markets with significantly lower-priced vehicles, will we start seeing these hyper-cheap products outside of BYD’s home market of China? more… The post Chevy Bolt cheap?

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EU’s anti-subsidy EV probe prompts retaliation from China

Teslarati

The European Commission’s anti-subsidy probe into electric vehicle (EV) imports from China prompted a retaliation from the Chinese government. The Chinese government launched a trade probe into luxury liquor producers from Europe. The volume of Chinese EVs at the event caught the eye of the European Commission.

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Cheap solar panels from China are all over Europe – and everyone is freaking out

Baua Electric

Photo by Pixabay on Pexels.com Europe is installing more solar panels than ever before, thanks to a flood of cheap Chinese solar panels, driving installations by 40% last year. European local solar panel manufacturers have reached a crisis in that they say they can’t compete with cheap imports and oversupply.

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Cheap talk: Volkswagen to bed Renault in race to build sub-$30k EV | reports

EV Central

Encouraging both to work together is the influx of cheap Chinese EVs that have flooded European markets eroding established European brand’s market share in all segments. An entry EV will also help prepare for the next wave of bargain-priced EVs that are already on sale in China.

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Tesla maintains an Outperform rating by Wedbush as Q1 2024 ends

Teslarati

Economist says cheap Chinese EVs should be kept out of U.S. due to security risk Wedbush acknowledged the price competition with the Chinese auto market but predicts aggressive price reductions will start to die down by spring or summer 2024. The Chinese electric vehicle market has been steadily increasing.

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BNEF: China dominates the Li-ion battery supply chain, but Europe is on the rise

Green Car Congress

China dominates BloombergNEF’s (BNEF) lithium-ion battery supply chain ranking in 2020, having quickly surpassed Japan and Korea that were leaders for the majority of the previous decade. While both countries are leaders in battery and components manufacturing, they do not have the same influence in raw materials refining and mining as China.

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