EV Central

OCTOBER 18, 2024

The electric SUV market is about to get busier with Deepal confirming its Australian launch within weeks. But while the first Deepal model to come to Australia, the S07 electric SUV, is sharply priced overseas, local importer Inchcape says it won’t be the cheapest electric SUV in the market. READ MORE: Fancy another Chinese takeway?

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Teslarati

JULY 29, 2024

LG Energy Solution is engaged in talks with three China-based material suppliers to produce low-cost electric vehicle (EV) batteries for the European market. LGES’ talks with Chinese material suppliers come after the EU Commission started imposing extra tariffs of up to 38% on imported EVs made in China. “We

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Teslarati

NOVEMBER 3, 2021

Tesla export ship trackers have identified at least 12 ships traveling to Europe and Asia for Q4, delivering vehicles from the Fremont Factory and Giga Shanghai. Two of the identified Tesla ships are carrying cars from Fremont to Asia. Giga Shanghai will probably start making cars for the Chinese market as December nears.

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Baua Electric

FEBRUARY 29, 2024

Photo: China News Service Renewable energy costs in Asia last year were 13% cheaper than coal and are expected to be 32% cheaper by 2030, according to a new study. China leads the pack with a 40-70% cost reduction in utility-scale solar, onshore wind, and offshore wind compared to other Asia Pacific markets.

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Green Car Congress

DECEMBER 15, 2022

The new TTTech Auto branch in Shanghai will bring its expertise and the series proven safe vehicle software platform, MotionWise , to car manufacturers, Tier 1 suppliers and partners to the rapidly developing Chinese automotive market. Asia is one of the most important growth regions.

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Green Car Congress

AUGUST 12, 2020

Toshiba Electronic Devices & Storage Corporation announced that Zhejiang Asia-Pacific Mechanical & Electronic Co. The decision recognized the growing number of vehicles incorporating ADAS functions on China’s roads, with the Chinese market for vehicle-mounted cameras expected to grow fourfold from 2019 to 2030, to almost US$6.1

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Green Car Congress

MAY 28, 2019

The Volkswagen Group is further expanding its business in its most important market, China, with the entry of SEAT, a member of the Volkswagen Group, and the Smart City Project. The Spanish brand aims to enter the Chinese market in the coming two to three years. Stephan Wöllenstein, CEO Volkswagen Group China.

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Baua Electric

JULY 30, 2024

Toyota’s global sales fell over 5% last month, partly driven by the impact of BYD’s price cuts in key markets like China, Southeast Asia, and even Japan. Despite growth in Europe (+2.7%) and Latin America (+6.5%) last month, Toyota’s sales were hit hard in Asia, its biggest market. The Chinese EV maker is now No.

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China EV

OCTOBER 11, 2024

We interviewed numerous foreign and Chinese OEMs, including J.M. Ron Tyack, president of Changan Ford, told us the market would continue to grow and “prudent” companies would add capacity over time, not all at once. It’s easy to see why foreign automakers were so high on China’s market back in the early 2000s.

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Baua Electric

JULY 26, 2024

Toyota is planning to build a new EV battery plant on Japan’s “Silicon Island” to keep pace with BYD and other incoming Chinese electric car makers. Although Toyota has been one of (if not the) biggest laggards in the global shift to electric cars, the Japanese automaker realizes it needs to compete with Chinese EV makers like BYD.

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CleanTechnica EVs

AUGUST 30, 2024

Continuing the trend of Chinese EV companies entering new markets around the world, Xpeng just entered Thailand and Malaysia. Xpeng is now selling the G6, an “ultra smart coupe SUV” (which I’d just call a crossover), in these Southeast Asia countries. Clearly, this is a model Xpeng sees as being.

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Green Car Congress

MAY 22, 2019

Disruptive innovation is typically a Silicon Valley buzzword and not one commonly associated with discussions of gasoline markets. If a million low-speed electric vehicles displaced a million gasoline-powered midsize sedans from the market, about 15,000 barrels per day of gasoline demand could effectively be lost, Collins said.

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The Truth About Cars

OCTOBER 13, 2023

Chinese state-owned automaker Chery is reportedly still looking to the United States as a possible point of expansion. Chery had plans to break into our market back in 2005 and supposedly had things lined up to import a limited supply of its Exeed crossover in 2020 before the world went haywire. market] is very important for us.

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Green Car Congress

MARCH 13, 2020

The global auto market is very sensitive to macroeconomic conditions and will be hit hard by the coronavirus and any economic contraction that accompanies it, BNEF says. Early data from the main markets in Asia shows a drop in vehicle sales of 44% for China and 18% for Korea, two of the hardest hit countries.

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Baua Electric

AUGUST 7, 2024

BYD is leading the “Detroit of Asia’s” surging EV market, but Hyundai looks to grab its share. Hyundai’s EV plant comes as Thailand’s auto market quickly shifts to electric vehicles. And that’s after entering the market just two years ago. Once operational, the facility will crank out 150,000 vehicles annually.

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Baua Electric

MAY 14, 2024

The new JV, named “Leapmotor International,” will expand to sell Chinese EVs in Europe this fall, with additional markets to follow. billion stake in Chinese OEM Leapmotor. Stellantis expects to have at least 200 points of sale throughout these markets by year’s end and over 500 by 2026. We now have our answer.

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CN EV Post

DECEMBER 26, 2023

And let's not forget that BYD's "invasion" of the foreign markets is just beginning. And I'm not talking about US and Europe; rather, I'm talking about Latin America, Africa, the rest of Asia apart from China, Japan, and South Korea, and so on. It's a meaningless measurement for most car companies, including Tesla.

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Baua Electric

SEPTEMBER 12, 2024

The automaker recently signed multiple partnerships with dealers and financial institutions in the country to enter the local market to the South as early as Q4 2024. Hozon and Neta have expanded operations across Asia in the past two years, followed by plans for a new EV production facility in Brazil that is set to open in 2025.

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Baua Electric

JUNE 29, 2024

India’s steel and trade ministries are in talks over rising imports, particularly cheap Chinese goods, a government source with direct knowledge of the matter said on Saturday, amid persistent calls for higher tariffs from top producers. India imported 1.1 million metric tons of finished steel between April and May, up 19.8%

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Green Car Congress

NOVEMBER 19, 2013

This marks the first investment by a non-Chinese automotive company in a Chinese OEM. The official closing of the transaction followed a short time after the signing of the investment agreement between the two companies in Stuttgart earlier this year and a smooth approval by the relevant Chinese authorities.

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CN EV Post

MARCH 29, 2023

Image credit: WeRide) Chinese self-driving startup WeRide plans to start testing autonomous vehicles in Singapore this year, as it begins to set its sights on Southeast Asian markets. Investors in the round included GAC Group, Bosch, China-Arab Investment Funds, and Carlyle Group, the report said.

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Baua Electric

JUNE 14, 2024

Just days after the EU Commission determined EVs imported from China have an unfair advantage due to government subsidies and responding with higher tariffs, Germany, one of the region’s largest automotive markets, has spoken against the decision, stating the imposed tariffs could hurt the success of local automakers selling vehicles in China.

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Baua Electric

JULY 5, 2023

However Chinese language EV makers have additionally received field from a focal point on options reminiscent of complex driving force backup methods even on less expensive automobiles, the company mentioned. That will give Chinese language manufacturers 30 p.c in South East Asia and South Asia. In contrast, the U.S.

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Teslarati

DECEMBER 5, 2022

Reports state that the production cut is due to increased competition in China’s EV market. However, he also stated that if Tesla does cut Giga Shanghai production, it would “NOT” be due to competition from other Chinese EV automakers. So Tesla might decide to export Giga Shanghai’s vehicles to other markets.

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CN EV Post

APRIL 5, 2023

Half of the four major lithium producers in Yichun, Jiangxi province, nicknamed the "lithium capital of Asia," have opted to shut down production, according to local media. Some producers in a Chinese lithium-producing hub are shutting down production as lithium prices have seen a rare streak of several months of declines this year.

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Teslarati

SEPTEMBER 28, 2024

As per Tesla Vice President Grace Tao in a post on Chinese social media platform Weibo, Gigafactory Shanghai has successfully exported its 1 millionth vehicle. She noted that Tesla’s China-made vehicles have been delivered all over the world, from Europe to the Asia-Pacific region and to countries like Australia and New Zealand.

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Baua Electric

MARCH 6, 2024

Possible “remedies” on the table include retroactive tariffs on Chinese EVs. Back in October 2023, Europe launched its formal investigation into the Chinese EV industry, as European companies are struggling to compete with the cheap, high-tech Chinese imports, made by low-cost labor, entering the European Union.

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Green Car Congress

APRIL 19, 2020

Volkswagen will unveil a refreshed Tiguan SUV later in 2020, featuring new front and rear styling, a redesigned interior and new powertrains, including a plug-in hybrid version for the European market. This versatile vehicle is available for sale in 80% of countries in the world and is the most successful SUV on the market in Europe.

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Green Car Congress

FEBRUARY 24, 2019

It was one of the highest increases among all car categories on the global market, which can be explained by several factors, JATO said. Chinese demand for EVs soared throughout 2018, as the car-type gained more visibility among consumers, due in part to their promotion by local governments for their environmental impact.

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Baua Electric

MARCH 8, 2024

Media coverage of EVs tends to focus on the world’s largest auto markets: North America, Europe and Asia. Until recently, that’s been where most of the action was, but in many smaller markets around the world, voltage levels are starting to rise. In these three markets, both versions start under $25,000.

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Green Car Congress

APRIL 30, 2012

Electric two-wheel vehicle sales by country, Asia Pacific: 2012-2018. China will reach more than 355 million units by 2018, with cumulative electric two-wheel vehicle sales in Asia Pacific will reach more than 381 million units in 2018. components suppliers to initiate market leadership. Source: Pike Research. Click to enlarge.

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Green Car Congress

DECEMBER 20, 2016

Under the terms of the agreement, BioAmber and CJCJ plan to establish a joint venture in China to produce up to 36,000 metric tons of bio-succinic acid annually and commercialize the output in Asia. The goal is to competitively produce bio-succinic acid in China and quickly penetrate the world’s largest succinic acid market.

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Green Car Congress

AUGUST 26, 2013

UD Trucks, part of the Volvo Group, launched Quester, a new heavy-duty truck range developed specifically for growth markets. UD Trucks has served the Japanese market, and exported trucks to markets across Asia, Africa, South America and the Middle-East for many decades.

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Baua Electric

APRIL 30, 2023

million tonne, according to Nikkei Asia. Prices for industrial materials such as ferrous and nonferrous metals are plummeting, with steel marking a five-year low as concerns grow about a slowing Chinese economy and a resulting supply glut, reported Nikkei Asia. million tonne, according to Nikkei Asia. per cent, 1.3

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The Truth About Cars

MAY 16, 2023

This should have been obvious to American manufacturers who have historically been required to engage in partnerships with Chinese corporations just to sell within the region. But it also speaks to hardships Ford has endured while trying to break into the market. Ford seems laser-focused on margins right now.

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Teslarati

MARCH 24, 2024

China is the world’s largest automotive market, and understandably so, an important one for electric vehicle (EV) makers like Tesla. Although competitive Chinese automaker BYD isn’t yet slated to enter the U.S. auto market anytime soon , some U.S. While BYD said just last month that it has no plans to enter the U.S.

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Green Car Congress

NOVEMBER 20, 2009

The international automotive supplier Continental AG has opened its new Asia Headquarters and R&D Center in Shanghai’s Yangpu district, China. The Center aims to provide increased localization and advanced technical support to customers in the Chinese market.

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