Baua Electric

APRIL 24, 2024

Chinese tech company Huawei unveiled on Wednesday a new software brand for intelligent driving , marking its latest push to become a major player in the electric vehicle industry.

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Baua Electric

APRIL 30, 2023

Prices for industrial materials such as ferrous and nonferrous metals are plummeting, with steel marking a five-year low as concerns grow about a slowing Chinese economy and a resulting supply glut, reported Nikkei Asia. Compounding this are worries that Chinese producers with excess supply will ramp up exports, depressing prices globally.

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Baua Electric

MARCH 14, 2024

MG Motors, a unit of Chinese automaker SAIC, will open a second European parts centre by the summer of 2024 in France to meet the country’s growing demand for its vehicles, a spokesperson told Reuters on Thursday. SAIC is currently evaluating whether to build a factory in Europe.

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Baua Electric

APRIL 24, 2024

Chinese electric vehicle (EV) maker XPeng on Thursday said its software and artificial intelligence training upgrades will enter a “super fast cycle” from May, and that it hopes use of its platform will expand to other Asian countries and Europe.

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Baua Electric

APRIL 12, 2024

Shu Yinbiao, a researcher with the Chinese Academy of Engineering, said at the conference that Chinese batteries are facing “green trade barriers” with the carbon footprint of Chinese products being overestimated in Europe’s carbon border adjustment mechanism.

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Baua Electric

JANUARY 9, 2024

Nvidia said four Chinese electric vehicle brands will use its technology as the brains for automated driving systems, underscoring the U.S. Chinese automakers are racing each other to launch more advanced in-vehicle infotainment displays and automated driving functions. Nvidia and its U.S.-based

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Baua Electric

APRIL 11, 2024

Shu Yinbiao, a researcher with the Chinese Academy of Engineering, said at the conference that Chinese batteries are facing “green trade barriers” with the carbon footprint of Chinese products being overestimated in Europe’s carbon border adjustment mechanism.

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Baua Electric

APRIL 8, 2024

Speaking about electric-vehicles, Musk reiterated Chinese carmakers are “the most competitive in the world” and pose “the most toughest competitive challenges” to Tesla. He has previously warned that Chinese rivals will demolish global rivals without trade barriers. ” Tangen said Norway’s USD 1.5

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Baua Electric

APRIL 8, 2024

Chinese ride-hailing giant Didi Global said its self-driving unit’s joint venture with EV maker GAC Aion has received a business license, registering itself as the first JV in China for mass production of fully self-driving electric robotaxis in the country.

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Baua Electric

JANUARY 31, 2024

Chinese electric vehicle (EV) battery giant CATL forecast net profit growth of up to 48.1% Download ETAuto App Get Realtime updates Save your favourite articles Scan to download App The post China EV battery maker CATL expects weaker earnings growth for 2023 – ET Auto appeared first on Bauaelectric Auto News.

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Baua Electric

MARCH 15, 2024

The global lithium industry is so interwoven with Chinese capital now that it’s going to be impossible to unpick. and two other Chinese chemicals companies guarantee they’ll be able to purchase almost every ton of material it produces for the next few years, dependent only on the pace of its expansion plans. Take Albemarle Corp.,

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Baua Electric

APRIL 4, 2024

Last week, the Moroccan government gave the green light for Chinese electric battery maker BTR New Material Group to build a factory near Tangier to produce key component cathodes. “This is the first memorandum of understanding that we transformed into an investment agreement,” Mezzour said in an interview with Reuters.

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Baua Electric

JANUARY 17, 2024

Over the last decade, Chinese suppliers have flooded the market for polysilicon – high-purity silicon – market with cheap supplies, making new U.S. Koch Modular, minority-owned by U.S. production uneconomical, Koch Modular president George Schlowsky told Reuters. .”

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Baua Electric

JANUARY 17, 2024

European battery makers are also under pressure to differentiate themselves from Chinese rivals – which can produce at larger scale and offer lower prices – by demonstrating greener products with lower CO2 emissions and more recycled content.

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Baua Electric

MARCH 10, 2024

” The United States is weighing sanctions on several Chinese tech companies, including chipmaker ChangXin Memory Technologies , in a bid to further restrain China ‘s development of advanced semiconductors, Bloomberg News said on Friday. ” The company complies with U.S

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Baua Electric

MARCH 24, 2024

North America has a very clear embargo on specific Chinese OEMs, as well as they have embargo on components coming from specific countries in the world. “We are very vertically integrated in technology. We get (some) subsystems from geographies that are not of concern. The ability to ship from here as become real.

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Baua Electric

MARCH 6, 2024

A Waymo robotaxi was attacked and set on fire in February as it stopped amid Chinese New Year celebrations in San Francisco’s Chinatown, followed an incident in which another Waymo car struck a bicyclist at a city intersection.

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Baua Electric

JANUARY 31, 2024

The electric automaker will buy idle equipment to make batteries from its Chinese supplier Contemporary Amperex Technology Limited ( CATL ), the post said, adding that the plant will have an initial capacity of about 10 gigawatt hours.

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Baua Electric

JANUARY 22, 2024

Chinese manufacturer CALB is planning on building a lithium-ion battery factory in Portugal, the APA Portuguese environment agency said on Monday. The two billion-euro (USD 2.2 billion) CALB project would include the construction of five buildings and create around 1,800 direct jobs, Portuguese media said.

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Baua Electric

JANUARY 11, 2024

Solid-state batteries promise to dramatically improve the driving range of electric vehicles (EVs), a key element of a strategic pivot Toyota unveiled in June to make up for ground lost to Tesla and Chinese rivals, such as BYD, in the EV race.

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Baua Electric

FEBRUARY 29, 2024

However, challenges such as charging infrastructure and market regulations remain, particularly in regions like the US where protectionist policies hinder access to competitively priced batteries from Chinese manufacturers like CATL and BYD.

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Baua Electric

MARCH 14, 2024

Chinese electric vehicle maker Nio on Thursday signed a partnership agreement with battery giant CATL to develop longer life batteries as part of efforts to lower overall EV costs. Nio expects to unveil its second brand, known as Ledao in Chinese, in May, the company’s president Qin Lihong said.

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Baua Electric

MARCH 25, 2024

Australia’s Pilbara Minerals has agreed to a study with Chinese customer Ganfeng Lithium on options to build a 32,000 metric-ton-per-year lithium conversion facility in a country yet to be decided, the companies said on Monday.

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Teslarati

JANUARY 5, 2024

The Chinese State Administration for Market Regulation said on Friday that it would require 1.61 Instead, the cars will receive a Software Update from Tesla that will download and install, solving the issue completely. Tesla is set to fix 1.6 While technically labeled a “recall,” the affected cars in both the U.S.

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Baua Electric

MARCH 7, 2024

For instance, Chinese electric vehicle manufacturer BYD recently launched the Seal electric saloon in India, highlighting its safety standards, endorsed by a 5-star rating from EuroNCAP. Manufacturers strive to attain this rating as it serves as a compelling selling point. It could prove dangerous.

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Baua Electric

MARCH 13, 2024

Chinese electric vehicle maker Nio has completed 40 mn battery swaps so far, CEO William Li said on Thursday, replacing depleted batteries with fully charged packs, rather than plugging the vehicle into a charging point.

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Baua Electric

MARCH 2, 2024

A Waymo robotaxi was attacked and set on fire in February as it stopped amid Chinese New Year celebrations in San Francisco’s Chinatown. The approval comes amid growing public hostility towards robotaxis following accidents involving Waymo and rival General Motors’ Cruise.

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Baua Electric

MARCH 26, 2024

A pioneer in electric vehicles with partner Nissan last decade, Renault has been overtaken by Tesla and several Chinese brands. Miner Eramet is also planning to build a battery recycling facility with waste company Suez at northern French port Dunkirk to start operations next year. A final investment decision is still pending.

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Baua Electric

FEBRUARY 7, 2024

The sales then were also hit due to shortened business days as the week-long Chinese New Year fell in January last year. Tesla’s biggest Chinese rival BYD saw NEV sales at 201,493 in January, the lowest since March 2023. Last January, passenger vehicle sales in China plunged 37.9% on year and slumped 40.4%

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Baua Electric

JANUARY 14, 2024

Chinese military bodies, state-run artificial intelligence research institutes and universities have over the past year purchased small batches of Nvidia semiconductors banned by the U.S. Chinese vendors have previously said they snatch up excess stock that finds its way to the market after Nvidia ships large quantities to big U.S.

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Baua Electric

JANUARY 25, 2024

“If you look at the Chinese electric vehicle industry, of all the EVs that are produced in China, only 10% of all the chips that are used come from domestic Chinese fabs,” he said. European chipmakers should be looking to expand in both China and Europe, he said.

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Baua Electric

FEBRUARY 3, 2024

Six of them have been permitted for driverless testing: Waymo, Amazon’s Zoox unit, Chinese search giant Baidu’s Apollo, and startups Nuro, WeRide and AutoX. Concerns about Chinese companies testing autonomous vehicles have also grown, with some U.S.

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Baua Electric

FEBRUARY 29, 2024

(USD 1 = 7.1989 Chinese yuan renminbi) Updated On Feb 29, 2024 at 02:42 PM IST --> Published On Feb 29, 2024 at 02:38 PM IST 1 min read --> Join the community of 2M+ industry professionals Subscribe to our newsletter to get latest insights & analysis.

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Baua Electric

JANUARY 11, 2024

South Korea’s SK On plans to start mass producing lithium iron phosphate (LFP) batteries as early as 2026 to supply several automakers as it pushes to deliver a lower cost battery chemistry favoured by its Chinese rivals, a senior executive said. We have to compete with the Chinese LFPs. “The biggest challenge is cost.

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Green Car Congress

DECEMBER 4, 2019

The ride-hailing joint venture will begin operating in Hangzhou, a city of more than 10 million people that is home to leading Chinese companies including Geely Holding, and some of the country’s leading technology businesses. p>Customers can download the StarRides App in the Apple App Store and Google Play Store.

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Baua Electric

MARCH 18, 2024

While China’s 15% target is considered to be relatively unambitious, it would still cut emissions from the Chinese steel sector by 8.7%, with CO2 per ton around 38% lower than conventional blast furnace products, GEM said. think tank Global Energy Monitor (GEM) said in a report published on Tuesday.

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Baua Electric

JANUARY 7, 2024

The Chinese government’s potential moves, including lowering the Required Reserve Ratio (RRR) for major banks, could further energize metal demand and support copper prices. Demand from China’s green energy sector, notably for electric vehicles and power infrastructure, is expected to underpin copper prices.

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