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Qiantu inks deal with Mullen to tap US market, K50 supercar to be rebranded as Mullen GT and GTRS

CN EV Post

Qiantu recently signed a strategic partnership agreement with Mullen Automotive to expand into the Americas, according to a press release from the Chinese startup today. On October 24, 2022, Qiantu and Appollen EV held a launch event in Malaysia to showcase and start pre-sales of the Qiantu K50, Qiantu K25, and Qiantu K20.

Market 78
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Who Really Invented the Thumb Drive?

Cars That Think

7 billion In 2021, global sales of thumb drives from all manufacturers surpassed $7 billion, a number that is expected to rise to more than $10 billion by 2028. Somewhat less credibly, inventors in Malaysia and China have also claimed to be the first to come up with the thumb drive. But Trek 2000 hardly became a household name.

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Pensana plans $125M rare earth separation facility in England

Green Car Congress

The global rare earth market, driven by demand from industries including electric vehicles and offshore wind, is expected to increase five-fold by 2030 and the NdPr oxide price is forecast to increase at a CAGR of 4.8 - 9.9%, underpinning strong economics for the investment. China currently supplies 98% of Europe’s rare earth magnets.

Angola 345
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Nearly one in five cars sold worldwide in 2023 was electric: IEA | Autocar Professional

Baua Electric

Battery electric cars accounted for 70% of the electric car stock in 2023, states the IEA annual report of the EV global parc. While sales of electric cars are increasing globally, they remain significantly concentrated in just a few major markets. Electric car sales in 2023 were 3.5 China exported over 1.2

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The Coming Boom in Rare Earths

Cars That Think

In addition, rare-earth permanent magnets are used in the motors and actuators for many military systems, such as the ones that steer missiles and smart bombs, as well as assemblies in the engines of the F-35 fighter jet , and in the traveling-wave-tube and klystron systems used in radars and satellite communications. President Joseph R.

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