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In this article, I analyze the competitive landscape of electric vehicles (EVs) in China, focusing on the Xpeng Mona M03 and others’ effect on the global auto market. About 3 years ago, I wrote about cars that seemed to be impressive before, like the Xpeng P5 and the BYD Dolphin.
According to a Toyota article detailing the projects history, by 1997, Toyota engineersincluding Takeshi Uchiyamada , who has since become known as the father of the Priuswere satisfied they had met the challenge of achieving all three goals.
(Image credit: CnEVPost) The price war is one of the most talked-about topics in China's autoindustry this month, creating operational challenges for many car companies. Now, an industry association is calling for a return to rationality for all parties to bring order to the market.
In this article, I’m analyzing at a high level what is happening to the autoindustry across propulsion types. For the purposes of this article, I assume that level 5 self-driving and driverless taxis don’t come for a while. I’ll break it down by region and also discuss individual companies.
"I am very confident that in the near future, China supply chain and the autoindustry will return to normal," Li said. The post NIO's William Li expects China's autoindustry chain to stabilize by March or April appeared first on CnEVPost. For more articles, please visit CnEVPost.
Maarten Vinkhuyzen was ahead of the curve (as usual) and wrote the article “The Osborne Effect On The AutoIndustry” in February 2019. This is one of those topics that seems to come up more and more frequently.
A Volkswagen joint venture in China has started offering official discounts as the price war in the Chinese autoindustry continues. family models as the price war in China's autoindustry intensified. For more articles, please visit CnEVPost. SAIC-Volkswagen's retail sales in February were 74,013 units, down 7.7
In a comment thread on an article yesterday, a reader made an important point. Although there’s a common narrative that a transition to electric vehicles will reduce jobs in the autoindustry, the opposite is actually true! A University of Michigan study published earlier this year found that automotive assembly.
While the beginning of the month is usually slow for the autoindustry, Li Auto's apparent lagging performance behind its peers may have raised some concerns. The post Li Auto plunges in US as weak numbers in first week of August may have sparked concerns appeared first on CnEVPost.
The recent price war in China's auto market has put a new emission standard that will come into effect in a few months' time in the spotlight. CnEVPost obtained the views of several local analysts, which provide references on what impact that new emission standard will have on the autoindustry. appeared first on CnEVPost.
A rare price stampede is taking place in the Chinese auto market. The rumors and the dealers' moves come as the Chinese autoindustry is staging a rare price war. As things stand, car companies are already stampeding each other, Cailian quoted autoindustry analyst Zhu Yulong as saying.
The price war in China's autoindustry has intensified the wait-and-see mood among car buyers, and Li Auto 's move helps to allay potential consumers' concerns to some extent. For consumers who purchase these models, if the prices drop within 90 days of their order, then Li Auto will refund the difference.
Gone are the days when the autoindustry used to be hardware oriented.” With decades of investments in the internal combustion engine (ICE) technology, auto manufacturers are required to continue with it to fund the fairly new and emerging space of EVs, he added. EVs do not bring the same sensory experience as ICE vehicles do.
Starting this week, insurance registration data will no longer be available, with Li Auto's sharing a surprise exception. The major sources that provide insurance registration data for China's autoindustry have stopped sharing the data, but Li Auto (NASDAQ: LI) has shared content that allows us to still have access to some of the data.
Li Auto 's first all-electric model will go into production at its Beijing plant, with an annual capacity of 100,000 all-electric vehicles in the first phase. Li Auto US | Li Auto HK (A rendering of Li Auto's factory posted on Weibo by Beijing Shunyi district authorities.)
Price war has been the most talked about topic in China's autoindustry this month, and the imminent implementation of a new emissions standard is seen as a major factor. On March 23, China's Auto Dealers Chamber of Commerce (CADCC) called on regulators to delay the implementation of the China 6b emissions standard.
AITO is the first NEV brand to follow Tesla's price cut, and industry insiders believe a wave of price cuts in the autoindustry is about to begin. For more articles, please visit CnEVPost. The post Huawei-backed AITO starts offering discounts after Tesla price cut appeared first on CnEVPost.
Okay, I’m going to split this article into two parts. The first part is based on some mainstream autoindustry reporting on the topic. The second part is going to add more context. UK Automakers vs. EV Sales Targets Automakers selling cars in the UK had to reach 22% EV.
Image from BYD's Weibo) As the price war intensifies in China's autoindustry, BYD has also started offering discounts for its two models, even though the official prices remain unchanged. For more articles, please visit CnEVPost.
China's autoindustry is currently maintaining momentum in production and wholesale sales, but growth in the consumer market has been slightly sluggish, the CAAM said. For more articles, please visit CnEVPost. The post China NEV sales reach record 714,000 units in Oct, CAAM data show appeared first on CnEVPost.
Auto lobbyists say the government should provide more cash subsidies to ease. If they don’t, then the car industry warns it’ll be hard to hit President Obama’s goal of one million electric and/or plug-in vehicles on the road by 2015. the introduction of EVs.
It has become an article of faith among some Tesla fans and owners that the company will inevitably rise to compete with and ultimately defeat the titans of the global autoindustry.
The partnership comes as the European autoindustry readies for a “battery passport” that will trace the content and carbon footprint of EV cells sold in Europe.
Editor’s note: A little more than a month ago, I wrote an article about 500 million gallons of gasoline being displaced by electric vehicles in 2020. In response, friend and longtime reader Remco van der Horst sent along an email that teased out some superb points about what that means more broadly for the auto […].
NIO (NYSE: NIO) is confident it will see sales double this year, despite a rare price war that disrupted the Chinese autoindustry in the first quarter. The price war has had a big impact on the autoindustry, and NIO will not follow suit. For more articles, please visit CnEVPost. percent year-on-year and 23.6
“World over, the industry is building resilient supply chains by reducing overdependence on any particular country or geography,” said Shradha Suri Marwah, president of ACMA. These components account for more than 75% of auto parts imported into the country. To be sure, China dominates auto parts supplies to India.
Certification chatGTP was not used in the writing of this article.) Recent conservations with my mate, retired economics professor Dr Paul Wildman, have led to this article. The entire Japanese autoindustry, and especially Toyota, appears to be in denial about the global ascendency of electric drivetrains.
Data since sales started in March suggests that the Prologue has done well for Honda—more than 5,400 were sold in August 2024 (the most recent month before this article closed). Finally, the Prologue offers both Android Auto and Apple CarPlay as standard. This article first appeared in Issue 69: July-September 2024 – Subscribe now.
| NIO US | NIO HK | NIO SG An NIO (NYSE: NIO) executive re-emphasized the electric vehicle (EV) maker's confidence that it will meet its goal of doubling sales this year, at a time when the Chinese autoindustry has been weak overall so far this year. "We We expect the industry to go through some profound consolidation," Feng said."It's
Here is the full text of the entire article, in case the link goes bad: [link]. The Nissan Leaf was a big feature of the Washington Auto Show last month, and the vehicle has been praised for its eco-friendly virtues. When the Leaf begins production in 2013, the company plans to roll out 50,000 vehicles a year.
The price war in China's autoindustry continues, with Volkswagen becoming the latest to join in. 1 = RMB 6.8695) China auto price war: BMW dealers offer discounts of up to $14,360 for i3 The post VW joins China auto price war, offers up to $5,820 discount on ID. For more articles, please visit CnEVPost.
Image credit: CnEVPost) BYD (OTCMKTS: BYDDY) offered discounts on the Seal and Song Plus during a price war in the Chinese autoindustry a month ago and the benefits expired at the end of March. For more articles, please visit CnEVPost. Now, the new energy vehicle (NEV) giant has extended the offer on Seal and stepped it up.
An excellent article thanks to Lei Kang! I’d really enjoy seeing tough percentages of manufacturers/auto companies sales for this same period. There’s innovation along with wonderful quality being manufactured by the China autoindustry.
Akio Toyoda’s goals within the autoindustry were clear. The change in the landscape of the autoindustry evokes the idea that “Rome wasn’t built in a day.” What do you think of the article? Sato is a spring chick compared to his fellow executives, hinting that he may be here to stay.
Wang, referring to the recent price war in China's autoindustry , said today that the reason behind this is that supply is outstripping demand and some car companies will be phased out while others will gain greater market share. If the supply in the autoindustry is still greater than the demand, the price war will continue, he said.
A previous Teslarati article theorized that Ford’s adoption of Tesla’s NACS could change the electric vehicle (EV) charging landscape, specifically in the United States and the rest of North America. General Motors and Ford hold a significant market share of the United States autoindustry.
The CAAM proposes that China's central and local governments continue to introduce policies to promote auto consumption, given the current weak market expectations. The CAAM proposes that China's central and local governments continue to introduce policies to promote auto consumption, given the current weak market expectations.
China's autoindustry is facing big challenges in the first quarter and still needs policy support, the CAAM said. For more articles, please visit CnEVPost. The post China's Jan NEV sales at 408,000, down 50% from Dec, CAAM data show appeared first on CnEVPost.
China's autoindustry is facing cyclical swings in the transition to electrification that can't be weathered by price wars and require automakers to stick to brand values, an NIO executive said. For more articles, please visit CnEVPost.
Chinese authorities and the autoindustry should study the timing of the phase-out of conventional fuel vehicles to guide automakers and society in an orderly transition to new energy sources, he said. For more articles, please visit CnEVPost.
Meanwhile, the mid-2022 passage of the CHIPS Act in the United States yielded a multi-billion-dollar investment pool, some of which dedicated to ramping up American manufacturing of the mature-generation chips upon which many industries—auto and otherwise—are so dependent. In March of 2023, the U.S.
Tencent will provide the autoindustry with a low-threshold, customized platform and tools to make the cloud the new productivity of smart cars, one executive said. For more articles, please visit CnEVPost.
Volkswagen CFO Arno Antlitz said that the auto group is in an excellent financial position to fund electrification. According to Reuters , the Volkswagen CFO clarified that he believes the auto group is financially ready for electrification. What do you think of the article? Do you have any comments, questions, or concerns?
Image credit: Chery New Energy) Chinese auto giant Chery's new energy vehicle (NEV) division has slashed the prices of several models, becoming the latest car company to do so. For more articles, please visit CnEVPost. In January-February, Chery's NEV sales were 13,293 units, down 57.6
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