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China’s BYD Says Prospective Mexican Plant Won’t Export to U.S.

The Truth About Cars

Chinese automaker BYD has been seeking to build an automotive plant in Mexico, with the company’s regional chief executive confirming the plan on Wednesday. manufacturing advocacy group, the Alliance for American Manufacturing, this month warned low-cost Chinese cars and parts could threaten the viability of auto companies in the U.S.

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Li-ion battery-maker Farasis Energy raises $1B+ to accelerate global automotive battery manufacturing expansion

Green Car Congress

Farasis Energy, a global developer and manufacturer of lithium-ion cells, modules and large battery systems, recently completed C-round financing exceeding 1 Billion US dollars. Since 2017 Farasis has regularly ranked first in terms of shipments of NCM-based Li-ion pouch cells to the Chinese automotive market.

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DOE awarding $1.6B to 11 battery materials separation and processing projects as part of $2.8B funding

Green Car Congress

NAM will deploy its advanced, cost effective and environmentally friendly process technology to provide a ~60% reduction in carbon intensity relative to the traditional Chinese synthetic graphite. Construction is expected to begin in 2023, subject to permitting and project financing, with first production targeted for 2025.

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Can Electric Vehicles Speed Up As The Economy Slows Down?

Wallbox

Chinese car producer BYD even recorded a 337.25% increase in March sales amongst its fully electric and hybrid car models. As a result, politicians, corporate leaders, and consumers may weigh ESG (environmental, social, and governance) factors more favorably in their decision making moving forward, as a Wall Street Journal article explains.

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Why Warren Buffett is investing in electric car company BYD - Apr. 13, 2009

Tony Karrer Delicious EVdriven

News | Markets | Technology | Personal Finance | Small Business | CNN.com RSS Newsletters Video Home Fortune 500 Technology Investing Management Rankings Warren Buffett takes charge Warren Buffett hasnt just seen the car of the future, hes sitting in the drivers seat. The E6 will hit the Chinese market later this year.

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