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Chinese automakers sweep Western brands out of global markets

Baua Electric

It won’t be news to Charged readers that Chinese automakers have lapped “Western” brands in the EV race. Markets in Asia, South America and Africa may be small compared to North America and Europe, but taken together they add up. They are confused and overwhelmed by the speed and strength of the Chinese offensive.”

Chinese 52
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Polestar announced new CEO as it prepares for global expansion

Teslarati

Tesla China’s EU import tariffs drop to 9% Polestar’s incoming Chairman, Winfried Vahland, commented that Lohscheller’s expertise and experience will help the company develop “a coherent product strategy” and strengthen its global market presence. Polestar has big goals ahead for global expansion.

Global 87
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Ford to reopen Chennai plant for EV exports to spearhead its global comeback

Baua Electric

However, This time, Ford will focus on EVs as it faces a global comeback. Ford India plant will reopen to export global EVs Ford submitted a Letter of Intent (LOI) to the government of Tamil Nadu earlier this month, outlining plans to restart its Chennai plant for export. Hart explained that the plant will “serve new global markets.”

Ford 52
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Lithium's downward trend set to be disrupted as Chinese mining hub suspends production

CN EV Post

Lithium miners in Yichun, nicknamed the "lithium capital of Asia," are being suspended for production violations that analysts expect will affect 13 percent of the global lithium supply if production is halted for a month. For more articles, please visit CnEVPost.

Chinese 69
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Nissan Global Production Cuts Imperil CEO’s Recovery Plan

Baua Electric

Nissan’s disappointing results only add to the challenges facing Uchida with recent worldwide production cuts already fueling concerns over the company’s ability to achieve the CEO’s targets. These moves came after the company also halted production in Indonesia and Spain in the past few years.

Nissan 52
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Nissan global production cuts imperil CEO’s recovery plan

Baua Electric

Read more The disappointing results of Nissan only add to the challenges facing Uchida with recent worldwide production cuts already fueling concerns over the company’s ability to achieve the CEO’s targets (REUTERS) Four months into a three-year plan meant to reinvigorate Nissan Motor Co., in 2023, according to data by Marklines Co.

Nissan 52
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IEA forecasts global oil demand to reach 101.6 mb/d in 2023; non-OECD countries lead expansion

Green Car Congress

Assuming Libya rebounds from a steep drop, the bloc’s production could increase 2.6 Global refining capacity is set to expand by 1 mb/d in 2022 and 1.6 Nevertheless, product markets are expected to remain tight, with a particular concern for diesel and kerosene supplies. mb/d this year, eroding its spare capacity cushion.

Oil 210