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Three perspectives on China’s EV industry (spoiler alert: legacy brands are toast) – Charged EVs

Baua Electric

Jeremiads lamenting China’s takeover of the global auto industry are everywhere these days. Each reaches basically the same conclusion: the global non-Chinese automakers will never be able to catch up unless they radically change their corporate mindsets. Three recent accounts stand out from the pack. Williams asks.

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Tariffs on China aren’t the way to win the EV arms race – getting serious on EVs is

Baua Electric

News came out on Friday that President Biden is set to quadruple tariffs on Chinese EVs to protect the US auto industry from the rapid growth of Chinese EV manufacturing. The global auto industry is in a time of flux. Cars are changing quickly, as is car manufacturing.

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Tesla is redefining the “Made in China” moniker with Giga Shanghai: report

Teslarati

Outlook Weekly, sub of China’s major news media Xinhua News, published an article entitled “What Exactly Does Tesla Bring”. It comments positively by saying Tesla accelerates transformation of entire auto industry & how it redefines MIC as high-quality prod in foreign markets.

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Auto component makers to double investments as global supply chains shift from China to India – ET Auto

Baua Electric

It has now installed another one in Mexico, to cater to OEMs located in the USA since many of these are looking for alternatives to lessen their dependence on Chinese component manufacturers. Hence, we also expect the auto component industry to continue to outperform the core auto industry growth in the coming years.”

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At CES, legacy automakers scramble to keep up in AI arms race – ET Auto

Baua Electric

Not so long ago, automakers boasted about horsepower and towing capabilities in their cars and pickups, but in the fast-changing world of technology that now dominates the auto industry, software-driven enhancements are prominent in consumers’ minds. The transition to software-dominated cars is challenging.

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One way or another, Fisker Automotive may soon be off the market

Green Car Congress

The program backs automotive companies that offer both green energy initiatives, such as increased fuel efficiency, and new auto industry jobs in the United States. The company lost about $1 billion between 2008 and 2012, according to a Reuters article. Earlier post.)

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BrightDrop: GM’s silent push into electric commercial vehicles

Charged EVs

But very few consumers will come up with BrightDrop , the name GM has given to a new unit that builds electric commercial vehicles: full-size vans and even electric cargo containers. BrightDrop offers a fascinating window into the breadth of GM’s EV plans, though even many people in the auto industry know little about it.