Baua Electric

JANUARY 25, 2024

Europe will miss its goal of raising its share of the global computer chip market to 20% by 2030 because it is not building manufacturing capacity fast enough, semiconductor equipment maker ASML CEO Peter Wennink said. “That was good for the European car industry but it’s not enough,” said Wennink, who is retiring in April.

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Baua Electric

JUNE 20, 2024

However, Uber has committed to becoming a zero-emissions mobility platform by 2030 in Europe and North America, with a global target set for 2040. According to the company, EV drivers on Uber are adopting electric vehicles five times faster than the general public.

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Baua Electric

JANUARY 17, 2024

The partnership comes as the European auto industry readies for a “battery passport” that will trace the content and carbon footprint of EV cells sold in Europe.

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CN EV Post

APRIL 17, 2023

While auto shows have generally started to lose some significance as automakers turn to dedicated launch events, this year's Shanghai auto show could be an exception, said Deutsche Bank analyst Edison Yu's team. (A A file photo taken by CnEVPost at the Shanghai auto show two years ago shows an ET7 wrapped in a blanket.)

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Baua Electric

JUNE 13, 2024

Europe and the US are working to secure domestic production while Beijing tries to advance its own capabilities in spite of trade restrictions limiting its access to some technology.

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CN EV Post

APRIL 1, 2023

platform at the Shanghai auto show, with the all-new ES6 making its debut. NIO (NYSE: NIO) will have the facelift of its previously popular ES6 SUV unveiled at the Shanghai auto show later this month, marking the first time the company has unveiled a new model at an auto show. For more articles, please visit CnEVPost.

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Baua Electric

JANUARY 17, 2024

Pluvinage said OneD is “already in negotiations” with customers to build a similar plant in Europe. conglomerate Koch Industries, will design and build a silane gas plant to remove impurities from silicon for the factory where OneD will combine it with graphite to make silicon anode materials. silane plant a viable option.

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Baua Electric

APRIL 19, 2024

Forvia, which supplies parts to Stellantis, Volkswagen and Ford, and is also active in China, is affected by falling auto demand and competition from Chinese manufacturers. In Europe, organic sales fell by 0.3%, weighed down by a “temporary slowdown in electrification”, Forvia said. billion euros (USD 6.98

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Baua Electric

JUNE 26, 2024

The forum takes place under UNECE, the UN Economic Commission for Europe, which shapes the legal framework for inland transport. He said regulations for electric vehicles was ready before they hit the market, and the framework is also now in place for hydrogen vehicles, should the industry move towards mass production.

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Baua Electric

JUNE 13, 2024

billion Jadar lithium project in Western Serbia could cover 90% of Europe’s current lithium needs and help to make the company a leading lithium producer. Green activists say the mine will pollute water supply, causing more environmental damage in Serbia, already one of Europe’s most polluted countries.

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Baua Electric

APRIL 12, 2024

China’s top trade official warned the European Union against protectionism on Friday, saying Beijing was puzzled by EU probes into green tech exports and the bloc’s concerns they threaten the domestic solar panel, wind turbine and electric vehicle industries.

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Baua Electric

JUNE 16, 2024

Serbian President Aleksandar Vucic is preparing to give Rio Tinto the green light to develop Europe’s largest lithium mine two years after Belgrade called off the project, the Financial Times said on Sunday. million cars.” ” In 2022, Belgrade revoked licences for Rio’s USD 2.4

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Baua Electric

MAY 6, 2024

Brussels has promised to do more to boost the domestic car industry and tackle unfair competition from cheaper Asian rivals. The Chinese battery-maker CATL has grown in short order to become the world’s third largest auto supplier, in a sector still led by Bosch, according to consultancy Roland Berger.

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Baua Electric

APRIL 25, 2024

A rally of 45% has made Exide Industries Ltd. are doubling down on the burgeoning electric vehicle market in the South Asian nation as sales cool in China, the US and Europe. Purchase subsidies, lower operating costs and state-level policy will continue to support growth in the industry, analysts said. and Kia Corp.

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Baua Electric

APRIL 25, 2024

Car parts makers face slowing auto production, leaving suppliers with excess capacity, and are striving to reduce costs, including laying off workers, as Chinese EV makers expand in Europe. As a result, EV high-voltage activity almost halved in the quarter, the CEO said.

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Baua Electric

MAY 2, 2024

In February, the French-German firm had announced plans to cut 13% of its workforce in Europe over the coming years to boost competitiveness and profitability in a sluggish and shifting car market.

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Baua Electric

MAY 25, 2024

Europe is seeking to attract electric vehicle (EV) battery makers, as it tries to cut dependency on Asia and win a green subsidies race with the United States. Download ETAuto App Get Realtime updates Save your favourite articles Scan to download App The post Verkor gets over 1.3 billion euros (USD 1.41

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Baua Electric

MAY 20, 2024

growth largely driven by the United States and other markets while Europe continuing to remain ‘sluggish’ The hydraulics business did particularly well both in exports and in terms of profitability, he added. Revenues during the quarter under review stood at INR 1,167 crore as compared to INR 1,172 crore registered a year ago.

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Baua Electric

MAY 23, 2024

Tesla opened an EV plant in Shanghai in 2019 that assembles cars for China, Europe and other overseas markets. The market leader is Chinese auto company BYD. The USD 200 million plant in Shanghai’s Lingang pilot free trade zone will be the first Tesla battery plant outside the United States. It is the No.

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Baua Electric

MAY 9, 2024

Automotive battery manufacturers have been hit by slowing growth in EV demand in the United States and Europe and cut-throat competition in China. It has a plant in Nevada and has broken ground on a second one in Kansas, which would take its auto battery capacity to 80 gigawatt hours (GWh) a year. billion yen (USD 570.18

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Baua Electric

MAY 22, 2024

With some 60,000 tonnes of known reserves, Portugal is already Europe’s biggest producer of lithium, traditionally mined for ceramics. The plan is in line with Europe’s drive to reduce its dependence on countries such as China for key materials for the green transition. “We also have to respond to these challenges.”

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Baua Electric

APRIL 12, 2024

Growth in China’s battery storage capacity could slow down in 2024, according to an industry association, as energy storage struggles with low profitability. Industry sources say energy storage projects are largely unprofitable to operate because of high upfront costs.

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Baua Electric

JUNE 8, 2024

At the beginning of May, the group created by the merger between PSA and FCA launched a vast “stop drive” recall campaign for Takata airbags affecting 500,000 Citroen C3 and DS3 vehicles manufactured between 2009 and 2019 and located in 24 different countries in Southern Europe, Africa and the Middle East.

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Baua Electric

MARCH 21, 2024

Volkswagen will bring new automated driving technologies to series production as it deepens its partnership with Mobileye in automotive driving technologies, Europe’s biggest carmaker said on Wednesday. “New automated driving functions will significantly boost convenience and safety,” VW Chief Executive Oliver Blume said.

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Baua Electric

MARCH 26, 2024

Most of the metals used in batteries that power EVs are mined and processed outside Europe, and there are growing concerns about the region’s heavy reliance on China for the materials. While recycling car parts is increasingly common, Renault is aiming to be the first European automaker to also recycle batteries on an industrial scale.

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Baua Electric

APRIL 11, 2024

Growth in China’s battery storage capacity could slow down in 2024, according to an industry association, as energy storage struggles with low profitability. Industry sources say energy storage projects are largely unprofitable to operate because of high upfront costs.

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Baua Electric

JANUARY 22, 2024

Portugal has the largest reserves in Europe of lithium, the main element in the batteries that power electric cars. It will “serve the strong customer demand, mainly in the automobile industry,” APA said on its website.

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Baua Electric

JUNE 6, 2024

The automotive sector topped Morocco’s industrial exports at USD 14 billion in 2023, up 27% on the previous year. Morocco’s geographic location close to Europe, its free trade agreements with key EU and U.S. markets and its existing automotive industry make it attractive to Chinese EV battery makers.

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Baua Electric

APRIL 24, 2024

Chinese electric vehicle (EV) maker XPeng on Thursday said its software and artificial intelligence training upgrades will enter a “super fast cycle” from May, and that it hopes use of its platform will expand to other Asian countries and Europe. In February, XPeng said it plans to hire 4,000 people this year and invest 3.5

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Baua Electric

JUNE 4, 2024

EV market demand has shifted toward so-called LFP batteries, which are less powerful but also less expensive and longer lasting than NMC batteries, and increasingly found on cars made by industry leaders Tesla and China’s BYD.

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Baua Electric

FEBRUARY 27, 2024

The UK plant, which Tata, owner of Jaguar Land Rover (JLR) , announced in July, will become one of Europe’s largest battery-cell manufacturing sites. Agratas , Tata Group’s global battery business, confirmed Wednesday that the 40 GWh factory would be built at Bridgwater’s Gravity Smart Campus.

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Baua Electric

MAY 19, 2024

“A greenfield facility in Europe will come up in Poland. “Industry is growing at roughly around 30% per annum. He said that the company is growing 100% year-on-year and gradually increasing capacity. Work has already started there. In India, we are building another greenfield facility. We are growing at more than 100% YoY.

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Baua Electric

MAY 1, 2024

His visit last weekend to China, where collecting data on driving behaviour is relatively easier than in the US or Europe, could yield the breakthrough Tesla has been seeking for a decade. Musk has been struggling to lay his hands on enormous amounts of data to feed AI in cars to be able to drive themselves.

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Baua Electric

MAY 1, 2024

Auto engineering company Sona Comstar is planning to invest INR 1,200 crore over the next three financial years to productionise its INR 22,600crore order book of which just under INR 18,000crore are EV segment orders. However, the Red Sea crisis has hit its margins by 0.35-0.4%

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Baua Electric

APRIL 30, 2024

New Delhi: Disruption is becoming commonplace in the new-age automotive industry. The work-in-progress scenario of the fuel technology landscape makes it more challenging for industry players as they have to prepare for multiple scenarios. Sachdeva points out that R&D cost in India can be as low as 1/8th of the same in Europe.

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Baua Electric

JANUARY 16, 2024

The purchases will extend to 2026 and concern Europe and North America, the two companies said in a joint statement. In October, Sixt said it had bought “thousands” of electric cars from China’s BYD Auto for its operations in Germany, France, Netherlands and the UK.

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Baua Electric

JUNE 4, 2024

The EX90 SUV with a battery passport is due to start production soon at Volvo’s plant in Charleston, South Carolina, and will be delivered to customers in Europe and North America. “It’s really important for us to be a pioneer and a leader,” Butani said.

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