Green Car Congress

OCTOBER 8, 2020

However, the study reveals there has been an increase in interest in the US and Chinese markets. The auto industry has seen this need to improve familiarity in the past, with some advanced driver assist features such as ACC and even autonomous driving. Source: Ipsos.

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Teslarati

SEPTEMBER 12, 2024

China’s Ministry of Commerce discouraged Chinese automakers from investing overseas. In July, the Ministry of Commerce told Chinese automakers not to invest in India and “strongly advised” against investments in Russia and Turkey. The policy attracted big names in the global auto industry, including Tesla and Hyundai.

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Green Car Congress

APRIL 1, 2020

The COVID-19 has hit the Chinese EV sector hard; CRU, a provider of business intelligence on the global metals, mining and fertilizer industries, believes that weak sales will last at least until early Q2 2020. Nonetheless, it continues to forecast Chinese EV sales growth in 2020 over 2019’s total. Pent-up demand.

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Baua Electric

MARCH 23, 2024

The auto industry is electrifying, and all new cars will be electric in the relatively near future. Chinese EVs will grow, whether you like it or not China is actually a little late to the EV party. Chinese EV sales have started taking off overseas , particularly in Europe. Namely: China.

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Teslarati

MARCH 22, 2024

Renault CEO Luca de Meo released a 19-page open letter to Europe describing an auto European plan to protect against the ‘onslaught of electric vehicles (EV)’ coming from China.” He pointed out that electric vehicles and plug-in hybrids account for 14% of global car sales, led by Asian automakers.

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Baua Electric

JUNE 18, 2024

Chinese EV makers, including BYD , accounted for over 40% of German EV imports through April 2024. Despite Chinese electric vehicle imports slipping 15.7% According to data released by the German statistics office Tuesday (via Reuters ), German EV imports from Chinese automakers like BYD reached 31,500 through April 2024.

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CN EV Post

MARCH 16, 2023

A Volkswagen joint venture in China has started offering official discounts as the price war in the Chinese auto industry continues. 3 pure electric vehicle and RMB 30,000 for both the ID.4 family models as the price war in China's auto industry intensified. 4 X and ID.6

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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. Circulor CEO Douglas Johnson-Poensgen said the company was currently talking to companies up and down the EV battery cell supply chain.

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Green Car Congress

JULY 9, 2012

China’s State Council has published a plan to develop the domestic energy-saving and new energy vehicle industry, which includes battery-electric vehicles, plug-in hybrid vehicles and fuel cell vehicles. 2012 Chinese Auto Industry Development Report. Electric drive system power density of 2.5

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The Truth About Cars

APRIL 11, 2024

The country’s tech, automotive, and manufacturing industries have become juggernauts in their respective sectors, and the Chinese auto industry has solidified itself as a global force. Image: Sheila Fitzgerald via Shutterstock] Become a& TTAC& insider.

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Teslarati

AUGUST 6, 2024

Chinese automaker BYD set another record in new energy vehicle (NEV) sales in July 2024. The Chinese automaker beat its June 2024 NEV sales when it sold 341,658. The Chinese automaker’s NEV sales include battery electric and hybrid vehicles. BYD sold approximately 342,383 NEVs in July, up 30% year over year.

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CN EV Post

MARCH 9, 2023

A rare price stampede is taking place in the Chinese auto market. Image from BMW China Weibo) As a large number of car companies in China are offering huge subsidies or price cuts, BMW is offering more than 100,000 yuan ($14,360) off its all-electric model, the i3, according to local media.

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Baua Electric

JULY 10, 2024

He admitted that while the auto industry might be the hardest to succeed, the nascent EV industry is even more difficult. But he is personally “excited about doing great work in this industry and bringing new innovative EVs to the world”. Chinese Dominance In 2023, over 8 million electric cars were sold in China.

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CN EV Post

APRIL 12, 2023

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 auto industry 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.

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Teslarati

AUGUST 28, 2024

Willing was formerly the Global Design Director for Ford’s electric vehicle (EV) division, the Model e. Electric vehicle sales have been on a decline this year for most EV automakers. Earlier this month, Ford suggested that it would focus less on pure EV production and shift plans to hybrid-electric vehicles.

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Green Car Congress

APRIL 2, 2022

Aggressive emission and carbon neutrality targets set by regulators worldwide entails a faster transition from traditional automakers to next-gen electric vehicle (EV) manufacturers. The investments affirm that the future must be electric and there is no turning back for traditional automakers. Toyota plans to launch 30 models by 2030.

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Green Car Congress

DECEMBER 28, 2021

and its long-term Chinese partner BYD Auto Industry Co., In 2022, DENZA will introduce new models to the Chinese market and seek further growth opportunities. Daimler and BYD have been long-term partners in the Chinese market. Daimler Greater China Ltd. Earlier post.)

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Baua Electric

SEPTEMBER 17, 2024

Even with the new 100% tariff on electric vehicles imported from China, BYD would still have the cheapest EV in the US. After discontinuing the production of vehicles powered entirely by internal combustion engines in March 2022, BYD has been at the forefront of the industry’s shift to EVs. In the US, EVs accounted for 8.5%

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Teslarati

MAY 10, 2024

The Chinese automaker plans to use an aggressive marketing strategy to accomplish its goal. BYD has no plans to enter the US Market amid “complications’ [Feature] BYD Europe’s goals come at a time when the EU is wary of cheap Chinese electric vehicles (EVs). It also plans to partner with European dealerships.

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Baua Electric

JULY 20, 2024

Lithium is a strategically valuable metal needed for electric vehicle batteries , making it key for helping Germany’s flagship automotive sector shift to greener production. million electric vehicles.

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CN EV Post

APRIL 17, 2023

NIO (NYSE: NIO) is confident it will see sales double this year, despite a rare price war that disrupted the Chinese auto industry in the first quarter. The price war has had a big impact on the auto industry, and NIO will not follow suit. percent year-on-year and 23.6 percent from a year earlier and up 14.3

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Green Car Congress

SEPTEMBER 6, 2010

Wang said when delivering a speech at the 2010 International Forum on the Development of the Chinese Automotive Industry that fostering and developing alternative-energy automobiles will aid in the long-term development of the auto industry. Fourth, fuel economy should reach high international standards, he said.

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Green Car Congress

NOVEMBER 8, 2017

a new 50:50 joint venture that will offer a range of stylish and affordable all-electric vehicles for consumers in China under a new indigenous brand. Pending regulatory approval, the new JV will design, build, market and distribute all-electric passenger vehicles for China, the world’s leading electric vehicle market.

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Baua Electric

AUGUST 1, 2024

Mitsubishi’s CEO Takao Kato explained, “Collaboration with partners is essential in today’s auto industry,” with EVs and other tech rapidly developing. The Nissan, Honda, and Mitsubishi partnership comes as Tesla and Chinese EV makers like BYD continue expanding in key global markets, including Japan, taking market share.

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Green Car Congress

OCTOBER 24, 2018

FreeWire is a San Francisco-based company that has been a pioneer in flexible fast-charging technology for electric cars. It specializes in both stationary and mobile fast charging technology, allowing electric car charging to be deployed quickly and widely. BP’s venturing business invested $5 million in FreeWire earlier this year.

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The Truth About Cars

JULY 31, 2024

Image: BYD BYD, the Chinese electric vehicle giant, is gearing up to make waves in the North American market, with Canada as its latest target. Additionally, BYD electric buses are already manufactured in Ontario, and in use by major metropolitan transport organizations like the Toronto Transit Commission. market for now.

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Teslarati

JANUARY 11, 2024

Tesla maintains a good position in China’s electric vehicle auto industry through its competitive prices. Interestingly enough, Chinese automakers seem to apply the same strategy as Tesla in Europe. Chinese automakers are selling their EVs in Europe for such low prices that European car makers find difficult to match.

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Teslarati

JANUARY 31, 2024

Hyundai seeks to restore its market share in China with a new electric vehicle (EV) brand. a 50-50 joint venture between Hyundai Motor and BAIC—announced a new project to develop an electric vehicle brand exclusive to the Chinese market. The South Korean automaker is working with BAIC on its goal. This week, Beijing Hyundai Co.—a

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Teslarati

MARCH 23, 2023

No element has become more synonymous with electric vehicles than lithium. None of the modern batteries that make electric vehicles possible could exist without lithium. Several factors have likely helped push Chinese lithium to its meager price. But how could this affect Tesla pricing?

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Baua Electric

AUGUST 16, 2024

Despite new tariffs on Chinese EV imports in the US and Europe, BYD is widening its lead in key auto markets like Southeast Asia and South America. The Chinese automaker is already a leading EV brand in these countries as it expands into new markets. It’s even cracking into Japan’s auto industry, a market dominated by Toyota.

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CN EV Post

MARCH 21, 2023

Feng also mentioned the ongoing price war in the auto industry in the interview, saying it showed there were too many carmakers in China. "We We expect the industry to go through some profound consolidation," Feng said."It's Strong revenue growth and tighter expenses are key to improving profitability, he said.

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Teslarati

SEPTEMBER 15, 2023

Volkswagen faces mounting pressure to keep up with Tesla and Chinese automakers in the transition to battery-electric vehicles (BEVs), and its success in doing so could have major implications. The auto industry is faced with the question of whether and how we will be a global leader in the future,” Baerbock said at the event. “The

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Green Car Reports

JANUARY 19, 2017

The harsh reality of high costs and the inexorable heft of the auto industry have claimed another electric-car startup. GreenTech Automotive opened a plant in Mississippi in 2014, first saying it would manufacture a small, two-seat electric vehicle called the MyCar there.

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Teslarati

MARCH 26, 2024

Chinese automotive giant and electric vehicle (EV) maker BYD posted its 2023 earnings results this week, with the company reporting its slowest quarterly growth rate in almost two years. auto industry BYD’s full-year 2023 net profit increased by 80.7 million battery-electric vehicles (BEVs) last year.

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Baua Electric

APRIL 22, 2024

More than 1 in 5 cars sold globally this year is expected to be electric, with surging demand projected over the next decade, says a new International Energy Agency (IEA) report. In 2024, electric car sales in China are projected to jump to about 10 million, accounting for about 45% of all car sales in the country.

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Baua Electric

JUNE 13, 2024

After the EU announced new tariffs on Chinese EV imports, BYD is subject to an additional 17.4% After global markets became “flooded with cheaper electric cars” from China, EU Commission President Ursula von Der Leyen announced an investigation in October. An increasingly competitive Chinese market has led to aggressive price cuts.

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Baua Electric

JANUARY 8, 2024

Duplicitous doublespeak has become de rigueur dialect in the auto industry. “We We remain committed to an all-electric future,” says GM as it announces a rollback of its electrification plans. “We We strongly believe in EVs,” say auto dealers as they support efforts to slow the EV transition.

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