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

Green Car Congress

The lithium industry needs to invest $116 billion by 2030 if the world is to meet the ambitions targets set by governments and the largest automakers, according to a Benchmark analysis. Stellantis aims for 100% of its Chinese vehicles to be electric by 2030. of new vehicle sales will be electric by 2030.

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Tesla China February 2024 sales see 18.87% YoY decline, mirroring industry trend

Teslarati

Data from the China Passenger Car Association (CPCA) has revealed that Tesla China’s sales of Giga Shanghai-made vehicles declined in February 2024. The decrease came amidst the Chinese New Year holiday, which appears to have impacted China’s general automotive sector last month. Domestic sales were 36.5k

China 90
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China Merchants Heavy Industry orders methanol dual-fuel engines for new Pure Car and Truck Carrier segment

Green Car Congress

China Merchants Heavy Industry has ordered 2 × MAN B&W 7S60ME-LGIM (Liquid Gas Injection Methanol) engines in connection with the construction of 2 × 9,300 ceu (car equivalent units) Pure Car and Truck Carriers (PCTCs) for China Merchants Energy Shipping (CMES).

Engine 221
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BYD to Chinese Auto Industry: "Demolish the Old Legends" in the EV Race

The Truth About Cars

The Chinese giant is one of the world’s busiest EV automakers, with almost 1.9 Though enormous, BYD isn’t satisfied with dominating its home market and wants the rest of the Chinese electric auto industry to come with it. Though it’s behind Tesla in global sales, BYD is king in China. million units manufactured in 2022.

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CRU: Chinese EV sales hit hard by COVID-19 outbreak, but only for short-term

Green Car Congress

The COVID-19 has hit the Chinese EV sector hard; CRU, a provider of business intelligence on the global metals, mining and fertilizer industries, believes that weak sales will last at least until early Q2 2020. Nonetheless, it continues to forecast Chinese EV sales growth in 2020 over 2019’s total.

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Evonik invests in Chinese graphene company SuperC

Green Car Congress

The Chinese company is a provider of graphene materials that improve the range, robustness, charging speed, and service life of lithium-ion batteries. China’s battery industry has logged rapid growth in recent years. The company’s materials are already used in products from leading Chinese battery manufacturers.

Chinese 279
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Chinese consumers' demand for cars set to fall in Jan, industry body says

CN EV Post

Lack of consumer confidence and the Chinese New Year holiday will send China's auto sales down in January, an industry association said. The post Chinese consumers' demand for cars set to fall in Jan, industry body says appeared first on CnEVPost. For more articles, please visit CnEVPost.

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