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NIO Capital invests in Chinese SiC chip maker

CN EV Post

Image credit: NIO Capital) NIO Capital has invested in a local Chinese silicon carbide (SiC) chip maker as it continues to expand its investments in the new energy vehicle (NEV) industry chain. For more articles, please visit CnEVPost.

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Bharat Forge’s Amit Kalyani on what’s wrong with India’s EV model and whether green hydrogen is the silver bullet – ET Auto

Baua Electric

. “I believe that we are all following the wrong model because everybody is copying what China did and is using the Chinese template for electric vehicles, which is a battery-based electric model,” said Kalyani. “India has significant financing needs. “India has significant financing needs.

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China’s EV brands are coming to bury US automakers—or are they? – Charged EVs

Baua Electric

We EV pundits have been writing about the rise of the Chinese EV industry for years. In recent weeks, the mainstream press has picked up on the story—many articles describe the coming wave of Chinese exports in apocalyptic terms. A recent headline in the New York Times warned of a “wrecking ball” heading for Detroit.

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Polestar takes $1.6 billion loan to achieve growth targets

Teslarati

Polestar announced today it received financing from two major shareholders, totaling $1.6 As previously announced, the Scandinavian brand will use a pre-existing Volvo Cars manufacturing facility in South Carolina to build their upcoming Polestar 3. No financing deals have been reported with the bank yet.

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Why Did Trump Propose a 100-Percent Tariff on Mexican Auto Imports?

The Truth About Cars

Having done some digging into the matter, Trump only appears to be targeting Chinese vehicles being manufactured south of the border. The statement was made during the “Buckeye Values PAC” rally in Dayton, Ohio , and comes after Chinese automaker BYD announced plans to build a production facility in Mexico. Think of it.

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Financially troubled Enovate reportedly close to getting life-saving money

CN EV Post

Image from Enovate's Weibo) Enovate Motors, the Chinese new energy vehicle (NEV) startup that announced late last year that it would build a production base in Saudi Arabia, is actually facing financial woes in its home market. Enovate has closed eight financing rounds totaling more than RMB 11.5

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Car battery maker ACC halts plant construction in Germany, Italy – ET Auto

Baua Electric

The new ACC sites are among dozens of battery projects emerging in Europe as it seeks to reduce reliance on Chinese producers that dominate the market. billion) in financing to build out its capacity, for a total of 13 production lines. In February, the company said it had secured 4.4 billion euros (USD 4.8

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