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BYD sells 18,220 EVs in China in November, up 128% year-on-year

Green Car Congress

Chinese automotive manufacturer BYD sold 18,220 pure-electric passenger vehicles in November, up by 22.1% The market began to recover in the second quarter, supported by government stimulus measures to encourage the use and purchases of such vehicles, notes Argus Media. from October and by 127.8% from a year earlier. on the year.

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Current issue of fka/Roland Berger E-mobility Index drops US to 4th place

Green Car Congress

The index—now in its tenth year—facilitates a comparison of competitive positions of the relevant automotive nations (the US, Germany, China, France, Italy, Japan and South Korea) in the field of e-mobility, based on an objective assessment of those countries in three key areas: technology, market and industry.

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China EV industry sell-off creates opportunity, says Morgan Stanley

CN EV Post

However, in Morgan Stanley's view, the sales potential of China's EV companies in the second half of the year is underestimated at a time when costs are sliding. "We That, combined with weak full-year sales following the stimulus withdrawal, could dampen sales volumes and margins for EV brands in the first half of 2023, the team said.

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Li-ion maker Boston-Power adds $30M in funding; China expansion

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Boston-Power recently broke ground on its new manufacturing site in Liyang. Boston-Power recently broke ground on its new manufacturing site in Liyang. GSR Ventures is an early-stage venture capital firm focused on building world-class technology companies in China.

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China Forecast to Produce 12M Vehicles This year

Green Car Congress

China is forecast to produce a record 12 million vehicles this year, according to an official with the National Development and Reform Commission (NDRC). Sales of China’s domestically-made automobiles totaled 1.09 Sales of China’s domestically-made automobiles totaled 1.09 People’s Daily. million units in July, up 63.57

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Continental Mobility Study 2020 finds many people still have doubts about EVs

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The Continental Mobility Study 2020 shows that enthusiasm for electric cars is strong in China, while reservations still need to be overcome in Germany, France, the US and Japan. In Japan, policymakers are additionally targeting manufacturers and paying innovation premiums for increases in range.

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Li-ion battery maker Boston-Power announces $125M in new financing; focus on and support from China

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a provider of lithium-ion battery cells, modules and systems ( earlier post ), announced $125 million in new funding from a combination of private equity investment and support from China. As part of its plans, Boston-Power is establishing an R&D and EV battery engineering facility in China. Boston-Power, Inc., Reorganizing.

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