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Auto supplier Adient cuts jobs, transfers roles in Europe to shave costs – ET Auto

Baua Electric

European automakers face a trifecta of challenges: soft demand due to higher borrowing costs that discourage car purchases, fierce competition from Chinese rivals, and higher input costs squeezing their margins. 31, as the UAW strikes affected production volumes in the United States.

Auto 52
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Ford supplier gets rights to localize BYD LFP blade battery production 

Teslarati

BYD licenses LFP blade battery cells to BorgWarner, a supplier for Ford, General Motors, and Stellantis. BYD has agreed to give BorgWarner the right to localize production of LFP battery packs with blade cells in Europe, the Americas, and select regions in the Asia Pacific for eight years.

BYD 96
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Benchmark: Lithium industry needs more than $116B to meet automaker and policy targets by 2030

Green Car Congress

General Motors and Mercedes-Benz aim to produce only electric vehicles by 2035 and 2030, respectively. Stellantis aims for 100% of its Chinese vehicles to be electric by 2030. The company is also targeting 50% of all its vehicles in the US and 100% of all its passenger vehicles in Europe to be electric by 2030.

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The $10,000 BYD Seagull EV is scaring the U.S. auto industry

Teslarati

Although competitive Chinese automaker BYD isn’t yet slated to enter the U.S. at this point, the company has been beginning to deliver its EVs in several markets throughout Europe and Asia. The automaker also reached a production milestone of 200,000 Seagull EV units in November. auto sector,” the organization writes.

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Electric Vehicle sales increased 109 percent in 2021, China and Europe set the pace

Teslarati

China and Europe continue to lead other regions in EV adoption, with both areas making up 85 percent of the total global EV sales in 2021. Two areas, in particular, Mainland China and Europe are without a doubt the two regions to adopt EVs with the most enthusiasm. Demand for EVs continues to be strong in Europe. Mainland China?and

Europe 99
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OneD, Koch Modular partner to scale up silicon-graphite EV anode materials – ET Auto

Baua Electric

General Motors is a OneD investor and customer. Pluvinage said OneD is “already in negotiations” with customers to build a similar plant in Europe. Over the last decade, Chinese suppliers have flooded the market for polysilicon – high-purity silicon – market with cheap supplies, making new U.S.

Auto 98
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China’s battery supply chain tops BNEF ranking for third consecutive time; Canada close 2nd, US drops to 3rd

Green Car Congress

China currently hosts 75% of all battery cell manufacturing capacity and 90% of anode and electrolyte production. A solid foundation on domestically realized resource wealth, bolstered by responsible and ethical production, is the main theme of the rankings this year as countries and the industry strive for a sustainable supply chain.

Supplies 195