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NIO gains advantage after Chinese Government favors battery swapping for EVs

Teslarati

The Chinese Government is seemingly supporting the construction of more battery swapping centers as part of the country’s growing electric vehicle infrastructure. The government’s support for battery swapping systems gives NIO an advantage in the Chinese car market. . Do you have anything to share with the Teslarati Team?

Chinese 139
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It’s too late to China-proof the lithium supply chain – ET Auto

Baua Electric

That’s been the thinking of leaders from developed countries, who’ve been seeking ways to China-proof the market for lithium , the light metal that’s essential for high-performance rechargeable power packs. billion) into a financing facility to support exports. Even in Canada, Chinese money has been crucial. Take Albemarle Corp.,

China 52
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Pike Research forecasts China plug-in market to reach 152,000 units/year by 2017, falling short of government targets; BEVs to dominate

Green Car Congress

The Chinese government initially overestimated consumer demand for electric vehicles, and has made adjustments to its incentive policies. Price will be a major barrier to growth on the demand side, Pike notes, especially given China’s reliance on cash sales over financing. Even with subsidies, PEVs—at up to twice the price of a.

Plug-in 239
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China publishes plan to boost fuel-efficient and new energy vehicles and domestic auto industry; targeting 500K PHEVs and EVs in 2015, rising to 2M by 2020

Green Car Congress

2012 Chinese Auto Industry Development Report. The fifth annual report on China’s auto industry—2012 Chinese Auto Industry Development Report—says that the next 20-30 years will be a “critical period” that will see the formation of a global new-energy vehicle industry.

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VW Chief Executive Says Company Will Introduce EVs Based on the Up! New Small Family in 2013; Cautions Against Electro-Hype

Green Car Congress

We have rock-solid finances. First is the energy capacity and the recharge time of current batteries, which now are “ simply inappropriate ” for pure electric propulsion. Third is a corresponding infrastructure including nationwide recharging stations, intelligent network, and uniform standards. Martin Winterkorn.

2013 150
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Following the Money in the Air-Taxi Craze

Cars That Think

billion at the apex, the category’s top seven companies together have hauled in more than $5 billion in funding—a figure that doesn’t include private firms, whose finances haven’t been disclosed. These would be like mini airports where the eVTOLs would take off and land, be recharged, and take on and discharge passengers.

Taxi 98
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Chinese automakers bring hybrids and plug-ins to Detroit, Geneva auto shows

Green Car Congress

At least two Chinese automakers are bringing some of their new energy vehicles—hybrid, plug-in hybrid and battery-electric—to two of the major international auto shows in the first quarter of this year. The only Chinese automaker exhibiting in the Detroit show, GAC Group brought three of its newly developed new energy vehicles.

Detroit 261