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Race to break the $30K barrier: Volkswagen will launch ID.1 budget-buy in 2027

EV Central

The iD1 is designed to help the German brand fight off the invasion of cheap Chinese imports such as the MG2 and rival European cars like the incoming Renault Twingo and the Dacia Spring EV that’s already on sale. To take so much cost out you need massive economies of scale,” he announced.

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Sodium-Ion Powered EVs Roll off From Chinese EV Factories

Get Electric Vehicle

It is one of the oddest combinations in the car manufacturing industry as the other half of JAG is owned by the Chinese government. Another Sodium-ion Powered EV From China Chinese car manufacturer JMEV rolled off their sodium-Ion battery-provided EV on December 28, 2023. What Else is Brought To The Table?

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Battle for ‘tech luxury’ in China as EVs get smarter – and cheaper – ET Auto

Baua Electric

But other Chinese automakers, including state-run companies that were later entrants to the EV race, have closed the gap on sub-USD 10,000 EVs at the Beijing auto show that began Thursday. KARAOKE IN YOUR MERCEDES In a race to stand out, some Chinese brands are offering features intended to be fun, if not frivolous.

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BNEF: steel industry set to pivot to hydrogen in green push; additional $278B for clean capacity and retrofits

Green Car Congress

The report “Decarbonizing Steel: A Net-Zero Pathway” outlines the path to making profitable, low-emissions steel and describes how a combination of falling hydrogen costs, cheap clean power, and increased recycling could reduce emissions to net zero, even while total output increases. China will continue to play a pivotal role.

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Utility solar dethrones coal as the cheapest power source in Asia

Baua Electric

Photo: China News Service Renewable energy costs in Asia last year were 13% cheaper than coal and are expected to be 32% cheaper by 2030, according to a new study. Wind power isn’t far behind While solar is surging ahead in terms of cost-effectiveness, onshore wind isn’t far behind despite costs being 38% more than solar in 2023.

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EV Guru: Sodium-Ion Batteries are Coming Sooner Than You think!

Plug In India

In addition, about 90% of the world’s supply of lithium is controlled by Chinese companies. Read the C&EN research here Lithium right now is very expensive and Sodium is quite cheap. CATL, the Chinese battery behemoth has claimed to have reached that. The world needs to do something about this.

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Perspective: Despite Solyndra’s death, the future of solar energy is sunny

Green Car Congress

With subsidies long in place for nuclear, coal and gas in the US along with the cheap cost of production for coal and natural gas, solar is essentially competing with that $0.10/kWh kWh average cost of electricity in the United States and globally.

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