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BYD’s strategy to take over Europe [Feature]

Teslarati

BYD and other Chinese automakers have studied the European auto market for years. The publication also shared details about how other Chinese automakers are entering the European market and their plans to beat top-selling brands like Tesla and Volkswagen in the EU’s local electric vehicle (EVs) market.

Europe 75
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NIO to allow Chinese consumers to lock in EC7 orders starting Apr 10

CN EV Post

These benefits include using the deposit as RMB 10,000 for the purchase of the car. Their monthly battery rental costs are RMB 980 yuan, 1680 yuan and 1680 yuan respectively. 1 = RMB 6.8809) Regulatory filing: NIO's new EC6 coming The post NIO to allow Chinese consumers to lock in EC7 orders starting Apr 10 appeared first on CnEVPost.

Chinese 142
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IDTechEX sees battery swapping as winner in 2- and 3-wheeler markets of Asia-Pacific

Green Car Congress

Although IDTechEx believes battery-swapping remains unlikely to thrive in the US, many Chinese OEMs are now entering the European market. IDTechEx research suggests that on average, decoupling the cost of the battery from the electric vehicle can reduce the purchase price of EVs by 20%.

Asia 326
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Tesla customers in China storm showrooms protesting missed discount

Teslarati

Tesla customers in China have been spotted protesting what they deem a missed discount on their vehicle purchases. This, in turn, has sparked outrage from customers who purchased their vehicles before the price cut was introduced. Tesla China nor Elon Musk has responded to the most recent backlash from Chinese buyers.

China 112
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BNEF: EV company fundings bright spot as clean energy investment slips in Q3 quarter; 3 China EV companies raise $1.9B

Green Car Congress

billion, down 15% on 3Q 2017, while the purchase of small-scale solar systems of less than 1MW totaled $13.5 The largest six VC/PE new equity deals of 2018 so far have all involved Chinese electric vehicle firms, including the two mentioned above during 3Q. In 3Q, Chinese solar investment was $14.2 billion for 300MW.

Clean 259
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Nio buys 12% stake in lithium mining company

Teslarati

The automaker is purchasing an approximate 12.16% stake in Greenwing Resources, an Australian-based lithium company. Greenwing plans to use 80% of the funds from Nio’s purchase for its San Jorge Lithium Project in Argentina. In August, the Chinese automaker announced plans to enter the U.S.market by 2025.

Buy 95
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Benchhmark report: cobalt’s price rises highlight shift to battery-driven pricing dynamics

Green Car Congress

In addition, metal purchasing by the battery supply chain for conversion to cobalt chemicals in summer, linked to hydroxide tightness, supported prices and drew down inventories of those holding stock of the correct physical form of metal suited to conversion.

Price 382